How the Economy Really Works

Society

How the Economy Really Works

An insightful exploration into the core principles of economics to empower individuals with the knowledge needed to interpret financial news and understand personal economic impacts.

7 episodes52 min total

What you'll learn

Course outline

Episode 1: Supply and Demand: The Force That Sets Every Price

In this episode, we unravel the fundamental economic principle of supply and demand, exploring how it governs prices and availability in the marketplace. We'll discuss re...

Episode 2: Inflation: Why Your Money Buys Less Over Time

This episode demystifies inflation, examining how it steadily erodes purchasing power, and exploring its causes and effects on the economy and individual lifestyles.

Episode 3: Interest Rates: The Price of Money and Why It Matters

Explore how interest rates represent the cost of borrowing and lending money. Understand interest rates' impacts on personal finance, business, and the broader economy.

Episode 4: Central Banks: The Most Powerful Institutions You Don't Understand

Central banks, like the Federal Reserve, wield immense influence over economies. This episode explores their roles, tools, and the impacts of their policies on everyday l...

Episode 5: Jobs and Unemployment: What the Numbers Really Mean

Delve into how job statistics reflect economic conditions, the real meaning behind unemployment rates, and how these metrics affect policy and personal decisions.

See all 7 episodes

Episodes

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