Search Results for 'ECONOMICS'
Unexpected Economics
Utilize economic thinking to illuminate a wide range of topics not typically understood to be economic in nature-from how we choose a mate to why we vote the way we do.
The Economics of Uncertainty
Learn how to cope with economic uncertainty and risk in these 24 advice-filled lectures from a master economist.
Foundations of Economic Prosperity
Get an unrivaled overview of one of the most pressing issues of our day in Foundations of Economic Prosperity, 24 lectures taught by Professor Daniel W. Drezner of the prestigious Fletcher School of Law and Diplomacy at Tufts University. Professor Drezner leads you to fundamental insights about how the modern world works and an understanding of the functioning of the U.S., European, Chinese, and other major economies, as well as an appreciation for the special problems faced by underdeveloped nations.
Economics, 3rd Edition
Understand the fundamentals of a fascinating and important field with this comprehensive overview of micro—and macroeconomics taught by an award-winning professor.
Behavioral Economics: When Psychology and Economics Collide
Gain a deeper awareness of how you make decisions, and what steps you can take to make better ones, improving both your financial future and your overall happiness.
Capitalism vs. Socialism: Comparing Economic Systems
Professor Emeritus Edward F. Stuart takes you across three centuries to chart the history of modern economic thought and practice around the world.
Why Economies Rise or Fall
Explore a fundamental question in economics that has a tremendous impact on the lives of billions of people—how can a nation ensure that its economy steadily rises, and how can it avoid economic catastrophes?
An Economic History of the World since 1400
A renowned economic historian reveals the (sometimes surprising) ways money has shaped global politics, innovation, and discovery.
Understanding Economics: Game Theory
Taught by Professor Jay R. Corrigan, an award-winning teacher at Kenyon College, this course introduces you to game theory, which is the study of how people make strategic decisions in business, commerce, and a host of other activities. Focusing on the fundamentals, Professor Corrigan explains the principles of games and the best strategies, while opening your eyes to the games going on all around you.
Thinking like an Economist: A Guide to Rational Decision Making
Learn how to make smarter economic decisions in your professional and personal life by using the same practical principles and analytical tools employed by top economists.
International Economic Institutions: Globalism vs. Nationalism
Trace the impact of international institutions on the global economy in this fascinating course taught by a noted economist.
London: A Short History of the Greatest City in the Western World
Throughout its vast and riveting history, London played a critical role in shaping many of the most important political, social, cultural, and economic institutions and systems that you live with today.
Pilot Lecture: How the Global Economy Works
Why are some countries rich and others poor? What’s the secret to a country’s economic growth and welfare? How can international policies promote global development and economic growth—and possibly hinder it? Get answers to these and other pointed questions about the inner workings of the global economy in the 21st century.
The Rise of Modern Japan
Discover how a nation devastated by World War II engineered an economic miracle only to face new challenges in a complex, modern world.
After the Plague
With Geoffrey Chaucer’s The Canterbury Tales as your portal into a medieval Europe in the throes of the disease, explore how people across the continent reckoned with and responded to the new political, economic, and social realities that emerged during the Black Death.
America and the New Global Economy
Discover how the world economy has changed in the last 50 years with this course that explains how the economies of each major region of the world have developed.
Macroeconomics Made Clear
Explore the complex relationships that keep worldwide economies going—or not.
Understanding Investments
Take control of your financial destiny with this comprehensive and easy-to-understand guide to the basics of investing taught by a professor of Economics.
Money Management Skills
Learn the basic principles of money management with this course that teaches you how to build a financial plan to achieve your goals.
A History of British India
Explore the storied era of British-ruled India, the dissolution of Britain's empire, and the forging of independent India and Pakistan.
Great Castles of Europe
Take a fascinating tour of Europe’s great medieval castles and discover the ways in which these astonishing buildings shaped the political, economic, and social evolution of Europe.
Peoples and Cultures of the World
Reveal the extraordinary power of anthropology as a tool to understand the world's varied human societies, including our own, taught by a renowned expert.
Games People Play: Game Theory in Life, Business, and Beyond
Learn how to apply the precepts of game theory to help you make better decisions at work, home, or anywhere with this highly useful course taught by an award-winning professor.
The Science of Energy: Resources and Power Explained
An award-winning professor and expert geophysicist presents an unbiased investigation into energy sources.
The Rise of Communism: From Marx to Lenin
Delve into a political and economic philosophy that changed the world forever with an award-winning historian.
Fundamentals of Sustainable Living
Learn practical strategies for sustainable living that can help you cut costs, live healthier, and promote a more regenerative world.
Change and Motion: Calculus Made Clear, 2nd Edition
Conquer calculus-one of the most powerful and useful of all mathematical skills-with this simple and brilliant guide taught by an award-winning mathematician.
Meaning from Data: Statistics Made Clear
Learn how to understand statistical information and the role it plays in everything from political polls to stock performances in this course taught by a professor of Mathematics.
Nature of Earth: An Introduction to Geology
Get a brilliant introduction into a truly fascinating and relevant topic in this course that teaches you the fundamentals of geology.
The Fall and Rise of China
Get multilevel insights into one of the most astounding real-life dramas in modern history. Review China’s social, political, and economical rebirth, led by a Distinguished Professor of Political Science and expert.
The World of Biblical Israel
Get a better understanding of the peoples and events described in The Old Testament with this interesting and helpful course taught by a professor of biblical studies.
The Black Death: The World's Most Devastating Plague
Taught by a celebrated medievalist, go on an unforgettable excursion into the time period of the plague, its full human repercussions, and its transformative effects on European civilization.
How the Great Migration Changed America
Between 1910 and 1970, 6 million Black Americans migrated northward from a deeply segregated post-war South. Examine the history and impact of the Great Migration, from the rise of gospel music to the birth of state lotteries, and beyond.
Pilot Lecture: How Trade Really Works
Dig deep into the nature of international trade through an examination of the Sino-American trade war. With Professor Raj Bhala, you will illuminate the nature of trade with a look at the tumultuous history between the United States and China, from the post-war period to today.
Anthropology and the Study of Humanity
Biology, archaeology, language, and culture-gain a comprehensive understanding of humanity's development from an acclaimed professor and field researcher.
Understanding Cultural and Human Geography
From climate change and population growth to the global economy and geopolitical strife, tackle the world's biggest questions in this one-of-a-kind course.
Where Our Food Really Comes From
From faraway fisheries to fine dining restaurants, dive into the modern food industry to better understand how food is grown, transported, processed, procured, and prepared.
The Vikings
Discover the tremendous impact Vikings had on the history and culture of Western civilization in this engrossing course by an award-winning professor of History.
Understanding Japan: A Cultural History
Embark on an unforgettable tour of Japanese history and culture in this engrossing course made in partnership with the Smithsonian.
Privacy, Property, and Free Speech: Law and the Constitution
Courts have struggled to balance the interests of individuals, businesses, and law enforcement. Educate yourself about the current state of the law and the risks posed by our own inventions with guidance from an award-winning legal scholar, professor, and Supreme Court journalist.
The Power of Mathematical Thinking: From Newton’s Laws to Elections and the Economy
Discover how mathematics can reveal hidden truths about a variety of topics—from the economy to elections to the laws of physics—in this fascinating course that explores the surprising connections between abstract math and physical reality.
The Middle Ages around the World
Uncover the seminal events and currents of the Middle Ages as they radiated not only through Europe, but also around the world.
The Development of European Civilization
Survey the remarkable development of Europe from the late Middle Ages through the eve of World War II with The Development of European Civilization. In Professor Kenneth R. Bartlett's 48 lectures, you'll learn the major ideologies that emerged from centuries of debate and conflict; the forces that intermingled to create a range of economic and social revolutions; groundbreaking European ideas about government, class, and religion; and so much more.
The Modern Intellectual Tradition: From Descartes to Derrida
Get an introduction to the contemporary Western approaches to the philosophies of both reality and knowledge, led by an author and award-winning professor, as you explore the ideas behind modern philosophy's most important movements.
Money and Banking: What Everyone Should Know
An economist and award-winning professor leads you in a panoramic exploration of our monetary and financial systems, their inner workings, and their crucial role and presence in your world.
African American History: From Emancipation through Jim Crow
Reveal the historical realities of African American life in the United States after the end of slavery and before the rise of the Civil Rights Movement, and explore how African Americans from all backgrounds fought back to secure key freedoms across public and private life.
The World of Beer: Tastes of History, Science, and Culture
From IPA and cream ale to Doppelbock and Rauchbier, taste the fascinating history of beer from around the world.
02: The Rise of Behavioral Economics
From: Behavioral Economics: When Psychology and Economics Collide
Grasp how behavioral economics uses methods from both economics and psychology to better understand biases and anomalies in decision making-factors that "rational choice" models don't explain. Learn three core experimental principles of behavioral economics, and about Prospect Theory, which helps explain what human beings value.
05: Two-Way Ties between Religion and Economics
From: Unexpected Economics
Although links between religion and economics may seem counterintuitive to many, the possibility has interested economists ever since the work of Adam Smith. This lecture explores how several different aspects of religion may in fact contribute to the underpinnings of the real-world economy.
21: The Economics of Natural Disasters
From: Unexpected Economics
The damage natural disasters do to people and property is not just a matter of fate. Explore how the answers to economic questions about socially appropriate investments in advance planning and preparation for rapid response can influence the impact of a natural disaster.
20: Is Economics Rational?
From: Peoples and Cultures of the World
Economics is a science that rests on important assumptions about rationality. Recent findings from experimental and behavioral economics, especially the "prisoner's dilemma" and "ultimatum games," show how cultural notions of equitability often trump rational self-interests....
20: Economic Growth
From: Economics, 3rd Edition
In the long run, the rate of economic growth is by far the most important factor in determining the average standard of living. The key factors behind economic growth are increases in physical capital, human capital, and technology, all of which depend upon a supportive market environment.
04: Reference Dependence-Economic Implications
From: Behavioral Economics: When Psychology and Economics Collide
"Reference dependence" is one of the most central concepts in behavioral economics. Learn how human beings use value to create an expectation or reference point in many decision-making situations, leading to biases that affect choices. Consider how these biases influence both individual and market behavior, and how understanding them can help us make better decisions.
08: Gambling Economics
From: The Economics of Uncertainty
Gambling makes some people nervous, but it gives valuable insight into any type of risk-taking activity, including investing and entrepreneurship. Explore the role of games of skill and chance in the economy, and apply their lessons to activities such as banking and retirement planning....
19: Game Theory and Economics-Oligopolies
From: Games People Play: Game Theory in Life, Business, and Beyond
You explore how game theory is used in economics-a discipline in which five Nobel Prize winners have been game theorists-by seeing how a monopolist determines optimum production levels and how other competitors affect the situation.
22: Energy Sources: Economics and Politics
From: The Science of Energy: Resources and Power Explained
Professor Wysession outlines some of the major economic and political forces shaping the development of the world's energy resources. You'll learn how hidden costs can affect the economics of supply and demand, how governments can incentivize and dis-incentivize energy industries, and the complexities of international agreements (and trade wars)....
36: A Global Economic Perspective
From: Economics, 3rd Edition
This lecture discusses global economic prospects over the next few decades. Even with a number of potential stumbling blocks, the chances for several billion people to be far better off are extraordinary. The United States sometimes seems to fear this richer world, but it need not.
16: India's Turn toward Market Economics
From: America and the New Global Economy
India's economic reforms in 1991 opened the country up to international trade, limited public-sector monopolies, and allowed for more foreign investment. In addition to exploring India's agenda for continued reform, ponder whether India's economic inequality will allow for balanced growth.
01: The Politics of Economic Institutions
From: International Economic Institutions: Globalism vs. Nationalism
Begin your survey of international economic institutions by seeking the reasons that some societies prosper while others fail. Explore different examples from the past and present, asking: What role do institutions play in economic prosperity? Which practices and policies promote growth? Which hinder it?
27: Understanding Uneven Economic Development
From: An Economic History of the World since 1400
Turn now to some of the factors that affected late 19th-century industrialization and, in some cases, led to uneven economic development among different countries. You'll learn how this unequal power in economic relationships contributed to a significant resentment toward capitalist systems in the West, with some countries feeling that industrialization had exacerbated economic disparity....
11: Reducing Poverty with Economic Development
From: Foundations of Economic Prosperity
Trace some of the big ideas that have guided the World Bank in its promotion of economic development in poor nations. Despite a wide range of approaches, no broadly effective formula has yet been found. This suggests that the developed and underdeveloped worlds obey fundamentally different economic models.
14: Myopic Preferences and Behavioral Economics
From: Unexpected Economics
Myopia can refer to more than eyesight. Grasp the impact of setting aside the long-term view in favor of the shorter one, a pattern whose consequences can be seen not only in personal finance, but in health care, time management, and many other aspects of behavior.
22: Economics-"One" Way to Find Fraud
From: Meaning from Data: Statistics Made Clear
Economics relies on a wealth of statistical data, including income levels, the balance of trade, the deficit, the stock market, and the consumer price index. A surprising result of such data is that the leading digits of numbers do not occur with equal frequency, and that provides a statistical method for detecting fraud.
11: Behavioral Economics-What Are We Thinking?
From: Thinking like an Economist: A Guide to Rational Decision Making
Despite the predictive power of conventional economic presumptions about fundamental rationality, behavioral economists are showing that we sometimes do things that indeed seem irrational. Delve into several examples of this and possible means of overcoming these behaviors.
20: The Economics of the Black Death
From: The Black Death: The World's Most Devastating Plague
Investigate how the plague initially brought massive loss of labor, administrative manpower, and the tax base, as well as far-reaching disruption of farming. Grasp the process by which economic opportunities for the lower and merchant classes - including women - were transformed, and how those who survived were, in most cases, much wealthier than before.
36: U.S. Aid and a Postwar Economic Miracle
From: An Economic History of the World since 1400
The Marshall Plan (also known as the European Economic Recovery Plan) was a major step toward returning the world to the free-trade policies of the pre-World War I period. Who was the man behind Europe's postwar economic miracle? How did these grand plans play out for nations that had been beaten down by the costs of war?...
09: Economics and Society under the Raj
From: A History of British India
Examine the nature of the colonial economy, and trace economic decisions by the British that constrained the livelihoods of artisans and peasants. Assess the Raj's fiscal policy, which privileged British interests over public works. Observe how these policies affected the lives of millions who toiled to produce the wealth of the Raj....
09: Economic Consequences of European Peace
From: Capitalism vs. Socialism: Comparing Economic Systems
The end of World War I illustrates one of the iron laws of capitalism: upheavals in one part of the world have repercussions all around it. Understand how the Treaty of Versailles set up harsh terms for a depleted Germany and why shortsighted leadership from the Allied powers led to economic fallout and, eventually, the second World War.
09: Japan's Economic Miracle
From: America and the New Global Economy
Investigate Japan's startling economic growth from the 1960s to the 1980s-not necessarily by a new economic model but by more important factors like education, investment, technology, and tough competitors in world markets.
17: Two Germanies: A Laboratory in Economics
From: Capitalism vs. Socialism: Comparing Economic Systems
The post-war occupation of Germany by four separate powers—and the difficult question of how to avoid the problems that stemmed from the Treaty of Versailles just a few decades earlier—created a division that would dominate Europe for more than four decades. It also created a unique opportunity for direct comparison between communist and capitalist enterprise, which you will take advantage of here.
13: China's Gradualist Economic Reforms
From: America and the New Global Economy
In 1978, after a period of social chaos and economic stagnation, China began a series of market-oriented economic reforms that may have started China on a path to becoming the world's largest economy.
23: The Multipolar Economic World
From: Why Economies Rise or Fall
How will economic and financial power shift in the second decade of the 21st century? Analyze the emerging shift toward a multipolar global economy—with China's economic influence waxing, for example, while America's wanes—and its implications.
32: Society-Economics
From: Science in the 20th Century
In 1900, "the economy" did not exist as a concept, but as the 20th century unfolded a new breed of intellectuals called economists strove to explain and influence the intricate forces of supply, demand, production, distribution, and consumption....
16: Economics and Architecture
From: Change and Motion: Calculus Made Clear, 2nd Edition
Zeno's Arrow Paradox concerns itself with the fact that an arrow traveling to a target must cover half the total distance, then half the remaining distance, etc. How does it ever get there? The concept of limit solves the problem.
22: Financial Crises and Economic Theory
From: Why Economies Rise or Fall
What are the implications of the global economic crisis of 2008–2009? Look at the hard questions raised by that crisis and the financial market interconnectedness blamed by many, including whether current economic theory is up to the challenges of this new order.
10: Economic Geography-Globalization Origins
From: Understanding Cultural and Human Geography
Go back to the years before Columbus discovered the Americas, when global trade was a new phenomenon. Here Professor Robbins introduces several key concepts of economic geography and shows the critical role of "place" in capitalism. He then surveys the economy of trade in the 14th and 15th centuries....
06: The Economics of Ignorance
From: Thinking like an Economist: A Guide to Rational Decision Making
In the first of three lectures examining how economists approach situations where information is incomplete, imperfect, or inaccurate, learn that there can indeed be an optimal level of ignorance. Also, explore some cost-efficient ways to reduce uncertainty.
14: Lessons about Economic Success
From: Why Economies Rise or Fall
Take stock of what you've already learned by synthesizing five key lessons about the roots of economic success, examining issues like the pace of free trade and openness, investment, confidence, courage in reforming, and sustainability.
01: Man, Nature, and Economic Uncertainty
From: The Economics of Uncertainty
Professor Fullenkamp begins with "black swan" events-occurrences that are considered as improbable as black swans. A notable recent example is the 2008 financial crisis. This leads to an examination of the nature of uncertainty and the best strategy for dealing with it....
03: Economic Growth and Human Behavior
From: Why Economies Rise or Fall
Here, you begin to focus on microeconomics, learning how strategies and policies can influence an individual's decisions about investment, production, and exchange to generate economic value.
08: The Economics of Information
From: Thinking like an Economist: A Guide to Rational Decision Making
Safety, like everything, has a cost; at some point, being a little safer costs more than it is worth. By studying how economists evaluate risk, learn how the concept of expected value permits rational decision making in situations with risk, but also brings its own set of dangers.
18: England: The Black Death and Economic Change
From: After the Plague
In England, economic activity rebounded following a period of economic decline and famine in the early 14th century, followed by the cataclysm of the Great Pestilence. Explore the market realities facing ordinary English people both before and after the plague, and probe the strategies used by a range of industries to rebuild in the face of wide scale disaster.
07: The Economics of Home Ownership
From: Money Management Skills
After education, home ownership might be the most important financial decision we make in our lifetimes. Is home ownership really a great investment? When should you buy a house versus renting? Examine these questions as well as the basics of obtaining a mortgage. Key considerations include types of loan, mortgage insurance, points, and taxes.
08: Why Economic Growth Is So Powerful—and Hard
From: Macroeconomics Made Clear
Why is per-capita economic growth so important for improving the well-being of most people in a country? And how did Deng Xiaoping work his magic on the Chinese economy? In answering these questions, you’ll use a graphical depiction of the Solow model to learn about why sustained economic growth is challenging.
18: The Roberts Court and Economic Rights
From: Privacy, Property, and Free Speech: Law and the Constitution
Beginning with insights from Professor Rosen's interview with Chief Justice John Roberts, evaluate the current Court's approach to economic rights cases, including the Citizens United case that struck down federal campaign finance laws and the Court's decision to uphold the Affordable Care Act....
10: Green Economics: Living Well
From: Fundamentals of Sustainable Living
What does a sustainable economy look like? Take an in-depth look at the core concepts necessary for an economy that meets people's material needs while respecting the hierarchy of sustainability and working in service to humanity and nature. Such ideas include a steady state economy and the movement for degrowth....
07: Risk-The Known Unknowns
From: Behavioral Economics: When Psychology and Economics Collide
Tolerance for risk is another fundamental element of decision making. Learn how behavioral economics evaluates "risk aversion" and "risk seeking" in both economic and personal contexts, and grasp the role of perceived benefits and perceived risks in explaining risk-taking behavior and choices. Finally, study two basic principles for managing risk.
01: The World of Choices
From: Unexpected Economics
In this introductory lecture, encounter a definition of economics far broader than the one understood by most people. Also, learn that economics is about the choices you make in every aspect of life, their consequences, and the degree to which the realm of choice itself is larger than you would think.
35: The Economics of Global Climate Change
From: America and the New Global Economy
Follow the scientific argument for climate change, the problems of valuing the costs and benefits of addressing the issue, and the potential shape of effective climate change policy.
01: The Foundations of Economic Prosperity
From: Foundations of Economic Prosperity
Begin the course by contrasting the relative prosperity of North and South Korea. What explains the marked disparity in a region with the same geography and culture? Next, define prosperity and examine some widespread myths about how and why individuals and countries achieve affluence.
12: Heuristics and Biases
From: Behavioral Economics: When Psychology and Economics Collide
Behavioral economics defines "heuristics" as internal rules or tools that people use to optimize decision making. Explore four of the most commonly used heuristics, observable in decisions involving memory, valuation, probabilities, and emotions. Using real-world examples, identify where these tools are helpful, and where they fail.
18: How Economic Forces Affect Interest Rates
From: Money and Banking: What Everyone Should Know
Changes in interest rates have widespread economic effects. Consider interest rates as market prices, set by the current market for credit. Then see how interest rates are determined in the long run by patterns of saving and investment, and in the short run by factors such as government deficits and recessions....
12: An Intuitive Model of Economic Recessions
From: Macroeconomics Made Clear
Models are a necessary tool for macroeconomists who can’t experiment on whole countries to test economic policy options. Learn about the Aggregate Demand/Inflation Adjustment model—which addresses similar issues considered by the Fed in their more complex modeling—and gain insight into current policy debates.
02: A Brief History of Economic Growth
From: Why Economies Rise or Fall
Grasp long-standing patterns of world and national growth and learn to meaningfully compare success and failure across nations and time. You begin with a brief history of economic growth around the world, with a focus on the pioneering work of its greatest chronicler, Angus Maddison.
05: Buried Treasure and Pirate Economics
From: The Real History of Pirates
Acquiring loot in one form or another was, and still is, a key part of pirate life. But very few would ever hit it big or try to bury their treasure on a deserted island. Explore the business aspect of piracy—incentive pay, expenses, and insurance—the few aspects of life pirates could control. Piracy was a "no prey, no pay" system, and the risk of no pay was very real.
13: Fairness and the Ultimatum Game
From: Unexpected Economics
Turn your focus to the world of "laboratory economics," where game exercises like the "ultimatum game," "dictator," "punishment," "trust," "gift exchange," and others help cast fresh light on key aspects of economic behavior. Learn how perceived fairness and other motivating factors can affect real-life markets.
05: American Revolution and the Economic Crisis
From: Living the French Revolution and the Age of Napoleon
Explore the economic problems of France in the 1780s. The nation was deeply in debt, due to war with Britain and participating in the American Revolution. The opening of free trade hit the textile market and caused high unemployment. Finally, years of poor harvests and famine spurred grain riots.