Macroeconomics Made Clear

De: Akila Weerapana, The Great Courses

Narrado por: Akila Weerapana

The issues addressed by macroeconomics are all around you, all the time—from taxes to inflation to mention of the GDP on the nightly news. By learning the principles of macroeconomics, you’ll be able to go beyond simply hearing the terms to better understanding their relationships to each other and how they create the economic environment in which you live. In fact, macroeconomics with its “big-picture glasses” allows you to better ask—and better try to answer—the biggest questions of our time, questions that impact the lives of billions of people.

In 24 revealing lectures, Macroeconomics Made Clear will introduce you to the subject that people have been theorizing about and modeling for almost 100 years. With easy-to-understand illustrations, charts, and graphs, Dr. Akila Weerapana of Wellesley College shows you the real-world applications of the mathematics behind the science. Dr. Weerapana shows you how macroeconomics offers a hopeful tool for the future and sheds light on what we observe now. He focuses on the beginning of macroeconomics when the new field tried to explain the causes of the Great Depression, subsequent business cycles, the COVID-19 pandemic with its economic impacts, and several of our greatest global challenges of today.

Macroeconomics Made Clear introduces you to the most significant macroeconomic modeling concepts to help you visualize the most interesting “what if” questions in economics. You’ll use the models to examine economic fluctuations, like the 2020 COVID-19 recession and others, and to explore when and how policymakers should respond to various economic shocks. Even more important, these models can help us address some of the defining economic challenges of our time: income inequality, migration, and climate change. In the conclusion of the course, Dr. Weerapana discusses ways to address the most pressing issue: climate change.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2023 The Great Courses (P)2023 The Teaching Company, LLC

Informative, but biased toward centralized solutio

If you want to get a feel for this area, here is an informative introduction. When it comes time for recommendations, apparently all of the wisdom in macroeconomics can be found in the New York Times and its analogs. No original thinking. Lots of bland piety about equity.

Excellent Macro Primer

This is a good book for understanding the basics of macroeconomics. It was fairly easy to understand, even for a lay person.

A great book worth the money and time

The key economic issues were adequately covered, backed by research findings, and presented in a very easy and entertaining fashion.
The reading is also great.

Interesting

Interesting topic that should be taught to all, maybe in simpler very basic terms and much shorter - two hour version in HS.

Good Introduction, Heavy Liberal Bias

This is a good introduction to the subject, it covers many basic concepts and teaches how government fiscal policy is decided. However, the professor has a significant left bias. The last chapter discussed income inequality, and he proposed income redistribution through taxation and carbon taxes as solutions. I'm somewhat new to the subject, but his take on the national debt I also found alarming: he said it was fine for the US to carry enormous national debt, so long as the GDP growth rate was greater than the interest rate on the debt... um, what? Is there a limit to that? The interest payments alone on the US National debt recently surpassed the entire military budget (2024).... That's insane, and unsustainable, regardless of what the actual percentage rate is.

Mediocre intro to macro

It’s an overview, but not a particularly good one being plagued by a weird approach and preaching keynesianism while overciting the authors intellectual idols.

Excellent book

It's an excellent book that delivers what it promises. a look at complex concepts that are explained didactically