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Description
Provides basic understanding of economic matters that will help explain both the U.S. and global economies on the microeconomics and macroeconomics levels. Defines basics terms used in economics to help non-specialists develop and understanding of how market forces relate to one another and affect fiscal health.
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LibraryThing member jmoncton
I picked up these lectures as I was slogging my way through Capital in the 21st Century, this year's surprise best seller by award winning economist Thomas Piketty. Where Capital was obtuse, hard to understand, rambling, these lectures were clear, focused, and enlightening. After finishing these
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lectures, my understanding of Economics, from basic principles like supply and demand, to more subtle issues, like government policy with regard to trade deficits, grew dramatically. Not only does he present the theories clearly and concisely, he gives current examples and adds in a touch of humor. Highly, highly recommended. I'm looking forward to listening to more lectures by this professor. Show Less