Economics, 3rd Edition : The Great Courses: Business & Economics

  • by The Great Courses, Timothy Taylor
  • Narrated by Professor Timothy Taylor
  • Series: The Great Courses: Business & Economics
  • 18 hrs and 36 mins
  • Lecture

Publisher's Summary

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.

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Customer Reviews

Most Helpful

Comprehensive and excellent economics foundation

Where does Economics, 3rd Edition rank among all the audiobooks you’ve listened to so far?

Very high quality and educational book in the fundamentals. It rates toward the top of my audio books I have listened to so far.


What did you like best about this story?

The examples and his ability to keep things "real" and relatively easy to understand and follow.


What does Professor Timothy Taylor bring to the story that you wouldn’t experience if you had only read the book?

He is a very easy and enjoyable individual to listen to and it felt like I was sitting in his lecture hall deeply engrossed in what he was saying.


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- Esta

Well explained information

Very good information on Economics generally. Timothy Taylor seems to be very passionate about Economics and is quite funny!
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- Lilli

Book Details

  • Release Date: 08-07-2013
  • Publisher: The Great Courses