Economics, 3rd Edition

By: Timothy Taylor, The Great Courses

Narrated by: Timothy Taylor

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 Courses

Good, but dense.

Would you listen to Economics, 3rd Edition again? Why?

To try and refresh my understanding.

What was the most compelling aspect of this narrative?

The professor seemed genuinely passionate about the subject of economics.

Which character – as performed by Professor Timothy Taylor – was your favorite?

Himself.

If you could give Economics, 3rd Edition a new subtitle, what would it be?

Economics, 4th Edition

Recommended book for MBA students

Currently doing my MBA and wanted an audiobook to listen to when I am at work or in the gym or just about doing anything, this book was a great choice. Not only is the content superb, but it is also evident this course is being guided by an erudite lecturer. I would recommend this book to anyone who wants to improve their knowledge in the economy or students doing economics.

Good overview of macro and micro economics

I think this series of lectures is a good overview of macro and micro economics.

Every lesson a classic

Thank you Tim for your thoughtful lectures. I agree with others that this series has stood the test of time. Perhaps a final chapter to bring us up to date with the crash of 2008. My favourite bit, the anecdote on pricing with George Bernard Shaw.

Wow

Can't believe I'm binge listening economics. Super entertaining, easy to listen and you learn so much

Surprising in Spots

As an IT professional seeking to expands my horizons, I have read a couple books on economics. This was the first Great Course I took. It stacks up well in comparison to other Great Courses. The lectures are interesting, topical, but do not get bogged down in modern politics. The lecturer does an excellent job in taking the listener through the micro-economic topics all the way through to the global macro forces and in so doing makes slightly clearer some of the inscrutable economic policies we hear about. If you are curious to gain a global perspective on financial matters, this is your Course.

Econmics, 3rd Edition

What did you love best about Economics, 3rd Edition?

I enjoyed this lecture series. Enough to listen a second time; both for better understanding and for more recall for conversations with friends. The narration was great. Professor Taylor is a gifted speaker. My only negative comment is that this series was produced at least 10 years ago. Audible's release date makes it seem more current.

Good Material, Okay Performance

The material itself is good and gives a broad overview of economics, primarily macroeconomics. The professor is fairly easy to understand even though they cover topics quite quickly (but again- this is a broad overview and really just an introduction).

I think this was recorded "live," and it would have benefited from some post-production editing and the opportunity for multiple takes. The professor truly does well though, and I think they would have really shined if given studio time to record.

Excellent Learnings

both micro and maco economic contents, very expert' view, very interesting stories, just love it very much!!!

Great Book

It’s a great course that takes you through the basics of economics in an easy manner. Starting with not so much knowledge of economics, I feel that I’ve learned a great deal.