Inflation - When money loses its value
We might watch the inflation rate to see how the cost of living is changing, and how our money changes value over time. But what happens when we can't trust money any more? Betsey Stevenson and Justin...
2 Feb 202120min
Unemployment - Does joblessness have to mean hopelessness?
Being unemployed can be very stressful, so what can economists do to help people back to work? Betsey Stevenson and Justin Wolfers discuss what it means to be jobless, and what to do if you're unlucky...
26 Jan 202117min
Economic Growth - Improving our Lives
When an economy grows, we live better lives. Betsey Stevenson and Justin Wolfers show you how economic growth is fuelled by the mix of skilled workers, the right investments and new ideas. As one idea...
19 Jan 202119min
Gross Domestic Product - Adding Up Everything We Do
We're diving into Macroeconomics with a look at Gross Domestic Product and how it counts everything in the economy - from output, to spending and the income earned. And Betsey Stevenson and Justin Wol...
12 Jan 202121min
Thinking Big, Remembering Small - From Micro to Macro
Now we've learned the tools of microeconomics, it's time to step up to macro. Betsey Stevenson and Justin Wolfers are here to show you how millions of individual microeconomic decisions affect the mac...
5 Jan 20215min
Private Information - I Know Something You Don’t Know
What happens when you know something that others don't? Or they know something you don't? These information asymmetries can great create a fog of mistrust, and doing business can get tricky. Betsey St...
22 Des 202019min
Price Discrimination - Why some people pay less
Discounts for the elderly or students may seem generous - but they win more customers. When businesses ask how they can make as much money as possible from each customer, they need a sophisticated pri...
15 Des 202017min
Market Power - Why businesses charge more
What's the competition? When businesses have less competition, they have more market power and can raise their prices. Betsey Stevenson and Justin Wolfers explore competition in the market place and t...
8 Des 202019min
