Economic forces are everywhere around you. But that doesn't mean you need to passively accept whatever outcome those forces might press upon you. Instead, with these 12 fast-moving and crystal clear lectures, you can learn how to use a small handful of basic nuts-and-bolts principles to turn those same forces to your own advantage.
Requiring no previous economics background, Professor Bartlett presents some of the fundamental principles and concepts that shape the lenses through which economists view the world. He then shows you how to use these simple analytical tools to understand what you see through those lenses. By learning to identify the many varied situations in which economics affects your life and how to wield the tools that can help you make the wisest choices in those situations, you'll enhance not only your understanding of daily life but your own success in living it.
Packed with case studies, helpful strategies, economic insights, and more, this series will equip you with a reliable toolkit for thinking more like an everyday economist and approach the issues in your own life with a more educated, seasoned eye. And after these dozen lectures with Professor Bartlett, things really will look very different. You'll see how basic economic ideas like incentives, risks, rewards, and rationality are not just the province of professional economists, government policymakers, or your local bank's loan officer, but instead lie at the root of nearly every decision you must make in your daily life.
Disclaimer: Please note that this recording may include references to supplemental texts or print references that are not essential to the program and not supplied with your purchase.
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I would recommend but only for a few of the "nuggets" relevant to everyday life that one encounters throughout the series.
"Skepticism 101: How to Think like a Scientist" and "Mistakes Were Made (But Not By Me)"
The sections on game theory, relative value and risk had some good information
In several key areas the professor engages the listener in descriptions of actions that are well-documented but proceeds to state that their cause is a mystery. In each case the scientific literature relevant to the answer can be found but is apparently unknown to the professor, although most were addressed in non-economic disciplines. (i.e. cognitive dissonance) Also, his lecture on the tragedy of the commons seemed to indicate that the solution is a larger and more complex common resource, government, which leaves the stakeholders more disparate then in the localized example given.
I have found this the best set of lectures on economics so far. The presenter paces himself. explains a concept and then gives an anecdote. This has enabled me to comprehend relatively difficult concepts with ease.
I own a small business and have never really understood a lot of the terms used in the modern press that relate to finance. I wish I had learned this information at the beginning of my career. It would have helped me enormously.
I give this 5 stars.
It was a pleasure to listen to this. I never found myself zoning out or wondering (as I often do) when the speaker will cut through the fuzzy jargon and get to the point. The points are all set out. This has helped me think more clearly in my own decisions, and express myself more clearly in my own business teaching.
Yes. It has great examples with lessons that can be inculcated in life.
This is the best of the "Great courses" that I have heard so far. Great narration and awesome examples. Something for everyone to learn.
I cannot say this for myself, since I am since long a fan of Freakonomics and interested in behavioral economics, but to those who are looking for something that could really change their lives for the best, this is absolutely a must.
Clear, actionable and with the right tempo and digressions.
Although this is a non fiction title, listening to Prof Bartlett is captivating as well as very informative. Even that I do posses some above average knowledge on economics and underlying mathematics, this course opened for me a new and surprisingly clear perspective of the world we live in. Listen to this course and you will see life through the eyes of an economist.
Efficient, rational, and optimal! (to quote Dr. Bartlett)
This course allows you to cut through the bull in your life to help you make rational decisions. It teaches you HOW to think, based on your goals and objectives, and how to make the best, most efficient decisions. I've always hated my economics courses in college, but this was compelling and informative, and applies to everyone's life.
This course gets into real life decisions like whether to buy the extended warranty on the TV. Who hasn't struggled with that?
This course is put together in a way that just about anyone should be able to follow it and get something out of it. I learned a good amount about rational thinking. I do wish he went a little more in depth but I can't really complain. there is a bit of carry over from other courses since they all use major behavioral research results but this just cements your understanding of those points.
"Could not be better."
Complex topic covered simply, easy to follow and useful. The lecturer is fantastic, excellent delivery and content.
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