Listen free for 30 days

Listen with offer

Preview

£0.00 for first 30 days

Pick 1 audiobook a month from our unmatched collection - including bestsellers and new releases.
Listen all you want to thousands of included audiobooks, Originals, celeb exclusives, and podcasts.
Access exclusive sales and deals.
£7.99/month after 30 days. Renews automatically. See here for eligibility.

Economics, 3rd Edition

By: Timothy Taylor, The Great Courses
Narrated by: Timothy Taylor
Try for £0.00

£7.99/month after 30 days. Renews automatically. See here for eligibility.

Buy Now for £30.99

Buy Now for £30.99

Pay using card ending in
By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

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
activate_Holiday_promo_in_buybox_DT_T2

Listeners also enjoyed...

Thinking Like an Economist: A Guide to Rational Decision Making cover art
Macroeconomics Made Clear cover art
Understanding the Mysteries of Human Behavior cover art
The Great Ideas of Philosophy, 2nd Edition cover art
Crashes and Crises: Lessons from a History of Financial Disasters cover art
Your Deceptive Mind: A Scientific Guide to Critical Thinking Skills cover art
No Excuses: Existentialism and the Meaning of Life cover art
The Philosopher's Toolkit: How to Be the Most Rational Person in Any Room cover art
The Wealth of Nations cover art
The Life and Writings of C. S. Lewis cover art
Understanding Investments cover art
Economics in One Lesson cover art
The Financial Crisis and the Free Market Cure cover art
Technical Analysis of the Financial Markets cover art
Capital in the Twenty-First Century cover art
Thinking in Systems cover art

What listeners say about Economics, 3rd Edition

Average customer ratings
Overall
  • 4.5 out of 5 stars
  • 5 Stars
    153
  • 4 Stars
    84
  • 3 Stars
    13
  • 2 Stars
    6
  • 1 Stars
    4
Performance
  • 4.5 out of 5 stars
  • 5 Stars
    132
  • 4 Stars
    54
  • 3 Stars
    16
  • 2 Stars
    1
  • 1 Stars
    2
Story
  • 4.5 out of 5 stars
  • 5 Stars
    110
  • 4 Stars
    65
  • 3 Stars
    13
  • 2 Stars
    5
  • 1 Stars
    3

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Enjoyable high level economics course

Good course for a refresher or introduction with broad but reasonably high level content. Deliver is engaging, enthusiastic and sometimes entertaining. Originally delivered around 20 years ago some aspects are a bit dated or lack more recent developments. However, if this is taken into account when listening the historical context adds an extra dimension of interest.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars

Economics as it should be taught...

If you could sum up Economics, 3rd Edition in three words, what would they be?

Economics explained, understood

Who was your favorite character and why?

N/A

Which scene did you most enjoy?

N/A

Was there a moment in the book that particularly moved you?

GW Bush's tax cut policy as an example of the difficulty of discretionary fiscal policy drove the point home.

Any additional comments?

N/A

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

  • Overall
    3 out of 5 stars
  • Performance
    3 out of 5 stars
  • Story
    3 out of 5 stars

Good for building understanding of Economics

This course albeit it took me a little while to get through, provides a very useful understanding of terminology and mechanics of Economics, adds a little more clarity to the workings of the world as Economics is hugely influential on everything in the human world.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    3 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Outdated but interesting

Would you recommend this book to a friend? Why or why not?

No. It's a good primer but outdated (published in 2005) with examples and a sense of optimism that are not relevant any more.

What did you like best about this story?

Great lively performance by prof. Taylor.

Any additional comments?

Better to be listened to/studied with a critical mind that would reveal the problems neoliberal economists have with the 'real world'.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

great audio book

loved it. Timothy Taylor is awesome, his explanations are clear and he makes it interesting and engaging to listen to.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars

Listen if seeking an understanding of economic.

A whole lot of information, gives a lot of clarity on American centered economic issues and how the US economy affects the rest of the world.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    4 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    4 out of 5 stars

Introduction to Economics

I think it is very difficult to give an over view of economics in a short course although this is a good attempt. For an economics novice like me it would be better if historical examples were given as well as a bit more on the people behind economic theory eg Keynes and Freedman. A comparison between theories would have been helpful to provide analysis. I feel this should have been longer than the current length. It did leave me wanting a bit more of an explanation.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

good but needs an update

really enjoyed this series, helped me understand a lot of things about economics, but seems a little out of date and needs to be a 4th edition, what with the state of the world post 2008 post covid, post bitcoin, crypto,and digital currency.

would recommend this to anyone, really interesting and at no point was i lost, deals with some complicated ideas vis global trade.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars

A great introduction

If you’re looking for an introduction to economics, it should be a great start. It was for me. The lecturer isn’t the most charismatic of speakers but he explains most points well enough, and I feel does a good job of inscribing an overall sense of fundamental economics. For beginners.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Excellent introduction to a difficult topic

It manages to provide a very good introduction to the basic concepts of Economics, without maths, charts or graphics.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!