Economics, 3rd Edition
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Economics, 3rd Edition
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Narrated by:
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Timothy Taylor
About this listen
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.
©2005 The Teaching Company, LLC (P)2005 The Great CoursesListeners also enjoyed...
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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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Anonymous User
- 02-02-23
Enjoyable high level economics course
Good course for a refresher or introduction with broad but reasonably high level content. Deliver is engaging, enthusiastic and sometimes entertaining. Originally delivered around 20 years ago some aspects are a bit dated or lack more recent developments. However, if this is taken into account when listening the historical context adds an extra dimension of interest.
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Overall4 out of 5 stars
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Performance4 out of 5 stars
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Story4 out of 5 stars
- YB
- 12-04-15
Economics as it should be taught...
If you could sum up Economics, 3rd Edition in three words, what would they be?
Economics explained, understood
Who was your favorite character and why?
N/A
Which scene did you most enjoy?
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Was there a moment in the book that particularly moved you?
GW Bush's tax cut policy as an example of the difficulty of discretionary fiscal policy drove the point home.
Any additional comments?
N/A
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1 person found this helpful
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Overall3 out of 5 stars
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Performance3 out of 5 stars
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Story3 out of 5 stars
- Amazon Customer
- 24-11-22
Good for building understanding of Economics
This course albeit it took me a little while to get through, provides a very useful understanding of terminology and mechanics of Economics, adds a little more clarity to the workings of the world as Economics is hugely influential on everything in the human world.
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Overall3 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Michael Kosmides
- 10-07-17
Outdated but interesting
Would you recommend this book to a friend? Why or why not?
No. It's a good primer but outdated (published in 2005) with examples and a sense of optimism that are not relevant any more.
What did you like best about this story?
Great lively performance by prof. Taylor.
Any additional comments?
Better to be listened to/studied with a critical mind that would reveal the problems neoliberal economists have with the 'real world'.
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1 person found this helpful
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Sam
- 07-06-16
great audio book
loved it. Timothy Taylor is awesome, his explanations are clear and he makes it interesting and engaging to listen to.
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Overall5 out of 5 stars
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Performance4 out of 5 stars
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Story4 out of 5 stars
- Anonymous User
- 12-08-20
Listen if seeking an understanding of economic.
A whole lot of information, gives a lot of clarity on American centered economic issues and how the US economy affects the rest of the world.
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Overall4 out of 5 stars
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Performance5 out of 5 stars
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Story4 out of 5 stars
- Manish
- 23-11-18
Introduction to Economics
I think it is very difficult to give an over view of economics in a short course although this is a good attempt. For an economics novice like me it would be better if historical examples were given as well as a bit more on the people behind economic theory eg Keynes and Freedman. A comparison between theories would have been helpful to provide analysis. I feel this should have been longer than the current length. It did leave me wanting a bit more of an explanation.
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Megamicrodot
- 16-08-20
good but needs an update
really enjoyed this series, helped me understand a lot of things about economics, but seems a little out of date and needs to be a 4th edition, what with the state of the world post 2008 post covid, post bitcoin, crypto,and digital currency.
would recommend this to anyone, really interesting and at no point was i lost, deals with some complicated ideas vis global trade.
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Overall5 out of 5 stars
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Performance4 out of 5 stars
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Story4 out of 5 stars
- Jack Webster
- 19-11-21
A great introduction
If you’re looking for an introduction to economics, it should be a great start. It was for me. The lecturer isn’t the most charismatic of speakers but he explains most points well enough, and I feel does a good job of inscribing an overall sense of fundamental economics. For beginners.
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Overall5 out of 5 stars
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- Cliente de Amazon
- 05-10-16
Excellent introduction to a difficult topic
It manages to provide a very good introduction to the basic concepts of Economics, without maths, charts or graphics.
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