Elasticity - What will you do when prices change?
When prices go up, buyers want less and sellers want more. But how much more? Economists Betsey Stevenson and Justin Wolfers discuss how responsive people are to price changes, and why.Co-host: Nastar...
29 Sep 202017min
Equilibrium - Balance in a Busy World
Where Supply meets Demand. Markets are everywhere, but what happens when buyers and sellers get down to business? Leading economists Betsey Stevenson and Justin Wolfers reveal how markets find their e...
22 Sep 202017min
Supply - Getting the Best Out of What You Sell
We're all suppliers. But how do we decide how much to sell? Economists and the authors of the 21st century textbook on economics, Betsey Stevenson and Justin Wolfers, steer us through the influences a...
15 Sep 202017min
The Law of Demand - How You Choose to Buy
Do you need to buy that? Should you buy one more? Economists Betsey Stevenson and Justin Wolfers explain how you as a buyer can stay in control - and how to make the Law of Demand work for you.Co-host...
8 Sep 202015min
Juggling Work and Childcare During a Pandemic
Betsey and Justin help you figure out how to decide how much time to spend working versus looking after your family, when everyone needs more attention these days. Could the decisions you make now aff...
2 Sep 20207min
Is now the time to improve yourself?
Betsey & Justin are getting ready for another year of teaching economics. And with all the recent challenges in the world, Betsey and Justin have some real-world advice for you - does investing in ski...
25 Aug 20206min
Core Principle 3 - The Marginal Principle - Just One More?
How many hours should you work? How many people should you hire? How many children should you have? Betsey Stevenson and Justin Wolfers teach us how to make decisions about ‘how many’ of pretty much a...
18 Aug 202015min
Core Principle 2 - The Opportunity Cost Principle - Or What?
What would you do instead of taking that dream job? What would you eat for dinner instead of that burger? And how would you spend your lunch hour if not at the gym? Betsey Stevenson and Justin Wolfers...
18 Aug 202017min
