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Economics, 3rd Edition
- Narrated by: Timothy Taylor
- Length: 18 hrs and 36 mins
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Economic issues are active in our lives every day. However, when the subject of economics comes up in conversation or on the news, we can find ourselves longing for a more sophisticated understanding of the fundamentals of economics.
These thirty-six lectures will help you think about and discuss economic issues that affect you and the nation every day-interest rates, unemployment, personal investing, budget deficits, globalization, and many more-with a greater level of knowledge and sophistication. They require no special or advanced knowledge of mathematics. Instead, you'll learn economics through intuitive explanations and in plain English.
Professor Taylor's first 18 lectures focus on "microeconomics," or looking at economics "from the bottom up." You'll study the behavior of individuals, households, and firms; and how they interact in markets for goods, labor, and saving and investment. Topics in microeconomics include: supply and demand in the free market, monopolies and regulated competition, and public goods.
The second eighteen lectures cover "macroeconomics," or studying the economy "from the top down." Here you will examine the factors that help economists evaluate the economy on a national and global scale. Among these macroeconomic issues are: common ways the government taxes and spends, the relationship between employment and inflation, and international exchange rates.
Throughout, Professor Taylor helps you apply what you are learning to many of today's most frequently discussed and misunderstood issues.
PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio.
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Rachel Rodgers, financial maven and heralded author of We Should All Be Millionaires, has created a groundbreaking new Audible Original series with Six Figure Side Hustle. In this installment of a dynamic three-part audio journey, Rachel unveils the blueprint for turning spare time into a $100,000-per-year side hustle in just three months.
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Not For YOU!
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By: Rachel Rodgers
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How to Day Trade for a Living
- A Beginner's Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology
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Very few careers can offer you the freedom, flexibility, and income that day trading does. As a day trader, you can live and work anywhere in the world. You can decide when to work and when not to work. You only answer to yourself. That is the life of the successful day trader. Many people aspire to it, but very few succeed. In the audiobook, I describe the fundamentals of day trading, explain how day trading is different from other styles of trading and investment, and elaborate on important trading strategies that many traders use every day.
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Its a sales pitch
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By: Andrew Aziz
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The 1-Page Marketing Plan
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To build a successful business, you need to stop doing random acts of marketing and start following a reliable plan for rapid business growth. Traditionally, creating a marketing plan has been a difficult and time-consuming process, which is why it often doesn’t get done.
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You Need to buy Book to get key info
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The Little Book of Common Sense Investing
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The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500.
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One star for every point this 5 hour book makes.
- By Matt on 01-31-19
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Data is fundamental to the modern world. From economic development, to healthcare, to education and public policy, we rely on numbers to allocate resources and make crucial decisions. But because so much data fails to take into account gender, treating men as the default and women as atypical, bias and discrimination are baked into our systems. And women pay tremendous costs for this bias in time, money, and often with their lives. Celebrated feminist advocate Caroline Criado Perez investigates the shocking root cause of gender inequality and research in Invisible Women.
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A statistical fire hose
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The Skeptic's Guide to Investing
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Satisfy the financial skeptic in you with The Skeptic’s Guide to Investing, a six-lecture Audible Original where you’ll learn how financial markets operate so you can become a wiser, savvier, safer investor. Along with a deep look at the inner workings of these powerful markets, Professor Ramon P. DeGennaro offers a wealth of insight into investment strategies, whether you’re already a stockholder or thinking of investing for the first time.
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The delivery was exceptional
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Ankur Warikoo is an entrepreneur and content creator whose deep, witty, and brutally honest thoughts on success and failure, money and investing, self-awareness and personal relationships have made him one of India’s top personal brands. In his first book, Ankur puts together the key ideas that have fuelled his journey—one that began with him wanting to be a space engineer and ended with him creating content that has been seen and read and heard by millions. His thoughts range from the importance of creating habits for long-term success to the foundations of money management.
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Epicly Sh*t
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The New Market Wizards
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In The New Market Wizards, successful traders relate the financial strategies that have rocketed them to success. Asking questions that listeners with an interest or involvement in the financial markets would love to pose to the financial superstars, Jack D. Schwager encourages these financial wizards to share their insights. Entertaining, informative, and invaluable, The New Market Wizards is destined to become another Schwager classic.
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Good insight, even for experienced traders
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The Road Less Stupid
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Years ago, after suffering a humiliatingly large dumb tax, it dawned on me that I have a seemingly unlimited ability to hit unforced errors and sabotage my business and financial success. I suspect you do, too. It turns out that the key to getting rich (and staying that way) is to avoid doing stupid things. I don't need to do more smart things. I just need to make fewer dumb mistakes. The vast majority of our dumb tax is a direct result of emotional, overly optimistic, and poorly thought out decisions.
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Couldn't finish it
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Money. Wealth. Life Insurance.
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America's elite have been using cash value life insurance to stockpile wealth for centuries. Used correctly, it is better described as a personal bank on steroids, and a financial bunker for tough times. To be clear, this audiobook is not about the typical garbage peddled by most insurance agents. Rather, an alternative to the risky investment strategies taught by Wall Street. It details a highly efficient form of cash value life insurance designed to supercharge your savings and stockpile wealth.
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what the heck was this?
- By Gladys Torres on 10-20-16
By: Jake Thompson
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Ever since we produced our course Thinking About Capitalism, customers have expressed interest in a follow-up course that could help them understand socialism in the same way. After much consideration, we determined that it actually would be more beneficial to create a course that compares and contrasts the two major global economic theories, examining them in ways that move past the polemics many of us are used to and looking at these systems as they relate to one another and the world at large.
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What listeners say about Economics, 3rd Edition
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Joseph Tingle
- 12-16-14
Good, but dense.
Would you listen to Economics, 3rd Edition again? Why?
To try and refresh my understanding.
What was the most compelling aspect of this narrative?
The professor seemed genuinely passionate about the subject of economics.
Which character – as performed by Professor Timothy Taylor – was your favorite?
Himself.
If you could give Economics, 3rd Edition a new subtitle, what would it be?
Economics, 4th Edition
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- JW
- 12-14-18
Recommended book for MBA students
Currently doing my MBA and wanted an audiobook to listen to when I am at work or in the gym or just about doing anything, this book was a great choice. Not only is the content superb, but it is also evident this course is being guided by an erudite lecturer. I would recommend this book to anyone who wants to improve their knowledge in the economy or students doing economics.
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- timothy le thomas boyer
- 03-22-19
Good overview of macro and micro economics
I think this series of lectures is a good overview of macro and micro economics.
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- LO no more
- 12-28-23
Wow
Can't believe I'm binge listening economics. Super entertaining, easy to listen and you learn so much
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- Kindle Customer
- 10-15-23
Every lesson a classic
Thank you Tim for your thoughtful lectures. I agree with others that this series has stood the test of time. Perhaps a final chapter to bring us up to date with the crash of 2008. My favourite bit, the anecdote on pricing with George Bernard Shaw.
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- Dan Collins
- 04-22-24
Surprising in Spots
As an IT professional seeking to expands my horizons, I have read a couple books on economics. This was the first Great Course I took. It stacks up well in comparison to other Great Courses. The lectures are interesting, topical, but do not get bogged down in modern politics. The lecturer does an excellent job in taking the listener through the micro-economic topics all the way through to the global macro forces and in so doing makes slightly clearer some of the inscrutable economic policies we hear about. If you are curious to gain a global perspective on financial matters, this is your Course.
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- AS
- 05-07-21
Perfect guide to understanding Economics
After finishing this audiobook I honestly feel that I understand Economics and misconceptions about it much better. Prof. Taylor is an excellent speaker, he obviously knows his subject in depth and he has great sense of humor.
I am looking forward to putting my newly acquired knowledge to test when I hear something about Economics in the news and I can say "hey, I understand what this means and what consequences this might have!"
I only wished this audiobook/course was updated with an extra chapter with what has changed since 2005, when this was recorded.
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- Ark1836
- 07-07-15
Great Introduction that Needs an Out-of-Date Label
Though I was already familiar with most of the concepts, I took this course primarily as a refresher and to improve my economics terminology vocabulary. The course achieved exactly what I was looking for, so I was not disappointed. That being said, this course needs to be updated. Most of the Great Courses that I have taken so far are fairly timeless—e.g., the history of World War I has not changed much in the last five years. While the basic concepts presented in this course are timeless, most of the statistics and some of the concepts were badly out-of-date. This course was recorded before the start of the Great Recession, so the economic data presented is nearly a decade old and fails to include one of the largest economic disturbances of the last hundred years. It would have been very helpful to hear the professor's point-of-view on the events leading up to the Great Recession and how the economy has recovered since then. As an example of how the course is out-of-date, there is section in the course where the professor talks about how the last several recessions had been relatively mild—obviously, that has changed. The out-of-date aspect of the course was particularly noticeable in the last two lectures, which focused on the "current" economic growth of international markets. As a side note, the professor gained a lot of credibility during one of the lectures when he discussed the then-current housing bubble and expressed his fears that the bubble might burst in a terrible way, as it actually did just a short while afterwards.
The course covers microeconomic concepts such as supply and demand as well as macroeconomic concepts such as the role of the Federal Reserve. The course is generally apolitical often presenting both the liberal and conservative view of the same economic issue. The primary goal of the course is to make the listener begin thinking like an economist, and I believe the course makes good strides toward this goal.
This course is not for you if you are looking for current economic information. If, however, you are looking for a course with a broad overview that does a good job of teaching terminology and putting concepts into context, then this is a great course. The professor is clear and intelligent and organizes the material in a logical and concise manner. The professor ties concepts together between lectures and builds on lessons. There is little to criticize, and much to learn, except for the glaring "out-of-date" label that should be plastered on the front cover.
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- Max
- 09-28-15
Useful!
This course explains economic ideas in a very intuitive way. It is separated in two parts: microeconomics and macroeconomics. Microeconomics examines issues such as labor, loans, and private consumption, while macroeconomics examines issues such as the global market, banking, inflation, etc. The speaker even introduces an example from game theory to illustrate his point. This program is highly recommended for anyone looking to expand their understanding in such topics.
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- Ryan
- 05-10-19
Extremely Informative
As someone who never enjoyed economics, this was a revelation. It is thorough yet digestible to those who are not economically inclined. The author starts with microeconomics, which is fairly intuitive, and reserves the latter half for macroeconomics, which requires more theoretical frameworks and is less intuitive. He eases you in to the difficult parts, but also leads with examples when approaching a complicated theory. The context provided for each subject is greatly appreciated. My one gripe would be with his attempts at humor, which exist on a spectrum of cringe that ranges from awkward to sexist. These comments are rare and don't detract from the worth of this lecture series.
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