Economics, 3rd Edition

By: Timothy Taylor, The Great Courses

Narrated by: Timothy Taylor

Length: 18 hrs and 36 mins

Publisher's summary

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

This is It; Best Presentation of Economics Ever

Economics, 3rd Edition, The Great Courses, by Timothy Taylor. For those who have a need or simply a want to understand the science of economics; this is the course. Its content is complete, told in a mind provoking and subject captivating manner. Finish the book and you will have a good working understanding of economics.

I have always been dismayed that after finishing my other degrees I did not then get another degree in economics. I believe mastering economics would have been helpful. (My last alma matter told me it was time to leave campus and work for a while. That was a stupid guidance, and I was stupid to take the advice.) As a result, I have overread what I can in economics. This book is the best source of putting all the elemental factors into one place, but more importantly, explained the science in a brilliantly clear and understanding manner. By the time you finish the course, you will have built in your mind all one needs to know about micro and macro studies, from supply and demand, historic economic philosophies, financial markets, banking, and domestic and international trade. Really, each lecture is so well explained a slow-witted novice will undoubtedly get the concepts.

Two negatives. I did not like Professor Taylor's tonal delivery. That is the most minor of negatives, though. A second negative is that this course may be approaching ten years old (even though the release date says 2013). That is because his reference to societal economic trends goes no further than the mid-2000s. Prof. Taylor was so good, I wanted to hear his comments on latter-day happenings.

This is definitely worth a listen even if you, like me, would have preferred a different speaker; but then you would not have this man’s genius delivering the knowledge you seek.

Very good introduction to micro and macro economics

Overall one of the better courses I've heard. The material was well laid out, I liked the speaker's tone and diction, and I really learned a great amount.

My one critique is that his examples are a little dated: he doesn't refer to anything more recent than about 2005. It would be great if he could update it, especially in light of the 2008 financial crash and subsequent recession.

overall very informative

Very good information. Well done .I feel occasionally the instructor did rant a bit. And while I did in most part agree with the rants, they were more of a distraction then an addition to the core economics teaching..I still highly approve of this course

Very clear and illuminating

The instructor in this course is a profoundly good teacher. I’ve long desired to better understand economics, but the topic has always been a challenge. This course provides such intuitive ways of understanding economics. Economics actually makes sense to me now. I can’t recommend this course highly enough.

Great, but needs updating

This was informative and has aged pretty well. But it is almost 20 years old and would benefit from at least an additional chapter on the last 20 years

The most efficient way to learn economic concepts

What made the experience of listening to Economics, 3rd Edition the most enjoyable?

I have many friends who are economic illiterates (Bernie Sanders supporters) so finding a political neutral discussion where they can be educated while not being offended was a real win.

Brilliant

Professor Taylor is engaging and informative. I wish I could have taken this course 20 years ago. Will be downloading more.

Great introductory course

This is a great course for people who does not have a lot of background regarding the subject. The narration is excellent as well.

Excellent Overview of Economics , both Micro and M

This audio book was excellent. It provided an overview of both micro and macro economics. My only wish is that it was more updated. All of the statistics are about 15 years old

Great intro to economics

this is a review of at least 15 words despite saying revised review here optional long story short I loved it p