Basic economic concepts; theories; potential impact of policy recommendations on different individuals & social groups; relation of the economy to public and private life; inequality and discrimination; globalization; capitalism generates generates crises of inequality & discrimination, & environme...
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What is economics?/ defining economics/the subject matter of economics, varying schools of economics, and a critical introduction to economics
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What is economics? 1. What is the subject matter of economics? 2. What are the key questions for economic analysis? 3. Who is the main economic agent, making economic decisions? 4. What is the way that economists approach decision- making of the agents?
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Add to cartWhat is economics? 1. What is the subject matter of economics? 2. What are the key questions for economic analysis? 3. Who is the main economic agent, making economic decisions? 4. What is the way that economists approach decision- making of the agents?
The essence and evolution of capitalism Adam Smith and Classical Capitalism
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Classical Capitalism vs. Modern Managerial Capitalism in the three dimensions of a profitable insitution: firms, workers, and markets PLUS Private Property.
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Add to cartClassical Capitalism vs. Modern Managerial Capitalism in the three dimensions of a profitable insitution: firms, workers, and markets PLUS Private Property.
The transition from traditional managerial capitalism to financial capitalism The paradigm shift in the US business model and economic system in the post-1980 period
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Add to cartThe transition from traditional managerial capitalism to financial capitalism The paradigm shift in the US business model and economic system in the post-1980 period
Monetary material growth Social and individual well-being What is economic growth? How to measure the aggregate economy? Measure of Aggregate Output: Gross Domestic Product (GDP)
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Add to cartMonetary material growth Social and individual well-being What is economic growth? How to measure the aggregate economy? Measure of Aggregate Output: Gross Domestic Product (GDP)
Gross Domestic Product (GDP) (Measuring Living Standards) Various approaches to GDP Nominal GDP vs. Real GDP (+ price index) Growth Decomposition
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Add to cartGross Domestic Product (GDP) (Measuring Living Standards) Various approaches to GDP Nominal GDP vs. Real GDP (+ price index) Growth Decomposition
THE SUPPLY SIDE OF THE ECONOMY: UNEMPLOYMENT, WAGES, PRICES, INFLATION Measuring unemployment Major causes of unemployment
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Add to cartTHE SUPPLY SIDE OF THE ECONOMY: UNEMPLOYMENT, WAGES, PRICES, INFLATION Measuring unemployment Major causes of unemployment
How much do you really get from work? - Measuring wage Nominal wage Consumer Price Index (CPI) Real wage
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Add to cartHow much do you really get from work? - Measuring wage Nominal wage Consumer Price Index (CPI) Real wage
Classical Model Bargaining Model Efficiency Wage Model
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Add to cartClassical Model Bargaining Model Efficiency Wage Model
How to measure the price level? What factors affect the price level in an economy? What are the effects of inflation on the economy? The relationship between inflation and unemployment Why has the US economy been experiencing a high inflation rate? Who determines prices? Or who is in the posi...
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Add to cartHow to measure the price level? What factors affect the price level in an economy? What are the effects of inflation on the economy? The relationship between inflation and unemployment Why has the US economy been experiencing a high inflation rate? Who determines prices? Or who is in the posi...
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Add to cartThe Relationship Between Unemployment and Inflation
Trends Theories Measurement Categorical Inequality What is happening to the US economy? How can we measure income inequality? Why does economic inequality occur? What is the importance of income inequality for a society? How can we reduce inequality? Trends of the Income Inequality in t...
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Add to cartTrends Theories Measurement Categorical Inequality What is happening to the US economy? How can we measure income inequality? Why does economic inequality occur? What is the importance of income inequality for a society? How can we reduce inequality? Trends of the Income Inequality in t...
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Add to cartCategorical Inequality Policy Measures
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