Choice, Scarcity and Tradeoffs in Economics
Listen now
Description
We went over the fundamental choice framework of microeconomics including consumer choice and budget constraints. We also examined trade offs and choice over time by looking at interest rates and compound interest. Finally, we addressed macro level trade offs by examining the Production Possibilities Frontier (PPF).
More Episodes
We talked about purchasing power parity, the Big Mac index, how central banks can affect the exchange rates, pegging exchange rates and the current account deficit.
Published 03/13/14
We went over exchange rates, who buys and sells foreign currency, and the difference between currency appreciation and depreciation. We also talked about supply and demand in foreign exchange markets. Purchasing power parity was covered.
Published 03/11/14
We finished up monetary policy and went over how a central bank can effect an economy. We also examined the equation of exchange. We then started exchange rates.
Published 03/06/14
Links
Twitter
Facebook
Instagram
Patreon
Artwork or description wrong?
Request an update »
Updates may take a few minutes.
Do you host a podcast?
Track your ranks and reviews from Spotify, Apple Podcasts and more.
See hourly chart positions and more than 30 days of history.
Get Chartable Analytics »
See hourly chart positions and more than 30 days of history.
