Think Like an Economist and you’ll see the world more clearly, empowering you to make better decisions at work, at home, and in your community. Leading economists Betsey Stevenson and Justin Wolfers will take you on a joyous romp through their field as they introduce you to the big ideas in economics, and show how you can apply them to live in your own life. Their signature approach reveals that every decision is an economic decision and this podcast uncovers the economic forces that shape the world around you. Betsey and Justin believe that economics is a superpower, and they want to teach you to fly.
International Trade - Cars from Corn
Made in your country - sold globally.
Gains From Trade - Why Ringo played the drums
With a Little Help from Your Friends.
Economic Surplus - Getting the Most out of Life
Joy to the world through Economic Surplus.
When Governments Intervene - Taxes, Price & Quantity Regulations
Government - just another influence on the market?
Elasticity - What will you do when prices change?
It's all about flexibility in the marketplace.
Equilibrium - Balance in a Busy World
Where Supply meets Demand.