Thinking Like an Economist: A Guide to Rational Decision Making : The Great Courses: Business & Economics

  • by The Great Courses
  • Narrated by Professor Randall Bartlett
  • Series: The Great Courses: Business & Economics
  • 6 hrs and 10 mins
  • Lecture

Publisher's Summary

Economic forces are everywhere around you. But that doesn't mean you need to passively accept whatever outcome those forces might press upon you. Instead, with these 12 fast-moving and crystal clear lectures, you can learn how to use a small handful of basic nuts-and-bolts principles to turn those same forces to your own advantage.
Requiring no previous economics background, Professor Bartlett presents some of the fundamental principles and concepts that shape the lenses through which economists view the world. He then shows you how to use these simple analytical tools to understand what you see through those lenses. By learning to identify the many varied situations in which economics affects your life and how to wield the tools that can help you make the wisest choices in those situations, you'll enhance not only your understanding of daily life but your own success in living it.
Packed with case studies, helpful strategies, economic insights, and more, this series will equip you with a reliable toolkit for thinking more like an everyday economist and approach the issues in your own life with a more educated, seasoned eye. And after these dozen lectures with Professor Bartlett, things really will look very different. You'll see how basic economic ideas like incentives, risks, rewards, and rationality are not just the province of professional economists, government policymakers, or your local bank's loan officer, but instead lie at the root of nearly every decision you must make in your daily life.


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Customer Reviews

Most Helpful

Great for beginners, nothing you for an economist

Strictly speaking, there is really nothing new in this book for people who either took courses in economics or read some of the popular books on the topic. It's really a very superficial presentation of some of the fundamental assumptions of economics. However, if you have no prior training or exposure to economics and would like to learn some basics, this is a fun series of non technical lectures that you will probably enjoy and learn from.
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- V. T.

A difficult subject made easy!

I have found this the best set of lectures on economics so far. The presenter paces himself. explains a concept and then gives an anecdote. This has enabled me to comprehend relatively difficult concepts with ease.
I own a small business and have never really understood a lot of the terms used in the modern press that relate to finance. I wish I had learned this information at the beginning of my career. It would have helped me enormously.
I give this 5 stars.
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- Cynthea Wellings

Book Details

  • Release Date: 07-08-2013
  • Publisher: The Great Courses