How The Economy Really Works
How The Economy Really Works, available at $119.99, has an average rating of 4.15, with 11 lectures, based on 89 reviews, and has 558 subscribers.
You will learn about By the end of the course, you will understand how the economy works in the 21st Century. You will see how and why the government directs the economy; and you will be better positioned to anticipate what the government will do next and to understand how that action will impact asset prices. This course is ideal for individuals who are Investors, students of economics, politics & history, the business community, journalists, policy makers, and the general public. It is particularly useful for Investors, students of economics, politics & history, the business community, journalists, policy makers, and the general public.
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Summary
Title: How The Economy Really Works
Price: $119.99
Average Rating: 4.15
Number of Lectures: 11
Number of Published Lectures: 11
Number of Curriculum Items: 11
Number of Published Curriculum Objects: 11
Original Price: $119.99
Quality Status: approved
Status: Live
What You Will Learn
- By the end of the course, you will understand how the economy works in the 21st Century. You will see how and why the government directs the economy; and you will be better positioned to anticipate what the government will do next and to understand how that action will impact asset prices.
Who Should Attend
- Investors, students of economics, politics & history, the business community, journalists, policy makers, and the general public.
Target Audiences
- Investors, students of economics, politics & history, the business community, journalists, policy makers, and the general public.
Up until roughly 100 years ago, the government played very little role in the economy. It was generally believed that the economy worked best when directed by the autonomous forces of supply and demand. During the 18th and 19th Centuries, a consensus emerged on how the Capitalist economy worked; and that classical economic theory has been the foundation of economic teaching ever since.
The economy no longer works the way it did during the 19th Century, however. Over the past 100 years the government’s involvement in the economy has expanded so radically that the economic system itself has little left in common with Capitalism – at least, not at the Macro level. Yet Economics continues to be taught as if nothing has changed; and, for the most part, the public continues to believe that our economy is still driven by natural forces as it always was in the past. But that is very far from the truth.
Today, the government manages – or directs – the economy using a variety of policy tools to ensure that Gross Domestic Product continues to expand. The implications of this fact are very far reaching. It is impossible to understand politics or economics in our era without grasping that the government is managing the economy. Moreover, it is particularly important that investors understand this new reality because government actions now impact the direction of asset prices far more than any other variable.
This Course explains how the economy really works.
Course Curriculum
Chapter 1: Introduction
Lecture 1: What's Changed?
Chapter 2: The Economy Is Managed By The Government
Lecture 1: Don't Call It Capitalism
Lecture 2: Who's In Charge?
Chapter 3: Measuring The Economy
Lecture 1: GDP 101
Chapter 4: Fiscal Policy
Lecture 1: Budget Deficits
Lecture 2: Where Does The Government Get And Spend The Money?
Chapter 5: MONEY
Lecture 1: Interest Rates, Inflation and Globalization
Lecture 2: Monetary Policy and Net Worth
Chapter 6: Trade
Lecture 1: Trade Deficits and Their Impact On Asset Prices
Chapter 7: CREDIT
Lecture 1: Credit Growth Drives Economic Growth
Chapter 8: Conclusion
Lecture 1: Summing Up A Decade Of Work
Instructors
-
Richard Duncan
Author, Economist, Consultant, Lecturer
Rating Distribution
- 1 stars: 1 votes
- 2 stars: 0 votes
- 3 stars: 1 votes
- 4 stars: 9 votes
- 5 stars: 78 votes
Frequently Asked Questions
How long do I have access to the course materials?
You can view and review the lecture materials indefinitely, like an on-demand channel.
Can I take my courses with me wherever I go?
Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!
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