Waubonsee Community College

Economics, Timothy Taylor

eng

videorecording

Economics

videorecording

62936497

Timothy Taylor

900

The Great courses

Provides basic understanding of economic matters that will help explain both the U.S. and global economies on the microeconomics and macroeconomics levels. Defines basics terms used in economics to help non-specialists develop and understanding of how market forces relate to one another and affect fiscal health

part 1. disc 1. How economists think ; Division of labor ; Supply and demand ; Price floors and ceilings ; Elasticity ; The labor market and wages -- part 1. disc 2. Financial markets and rates of return ; Personal investing ; Form perfect competition to monopoly ; Antitrust and competition policy ; Regulation and degegulation ; Negative externalities and the environment -- Course guidebook, part 1 -- part 2. disc 3. Positive externalities and technology ; Public goods ; Poverty and welfare programs ; Inequality ; Imperfect information and insurance ; Corporate and political governance -- part 2. disc 4. Macroeconomics and gdp ; Economic growth ; Unemployment ; Inflation ; The balance of trade ; Aggregate supply and aggregate demand -- Course guidebook, part 2 -- part 3. disc 5. The unemployment-inflation tradeoff ; Fiscal policy and budget deficits ; Countercyclical fiscal policy ; Budget deficits and national saving ; Money and banking ; The Federal Reserve and its powers -- part 3. disc 6. The conduct of monetary policy ; The gains of international trade ; The debates over protectionism ; Exchange rates ; International financial crashes ; A global economic perspective -- Course guidebook, part 3

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