The Modern Scholar: Principles of Economics: Business, Banking, Finance, and Your Life
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The Modern Scholar: Principles of Economics: Business, Banking, Finance, and Your Life
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Narrated by:
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Peter Navarro
About this listen
At a business and professional level, macroeconomics can help to answer questions such as the following: How much should I manufacture this month? How much inventory should I maintain?
At a personal level: Should I switch jobs - or ask for a raise? Should I buy a house now or wait until next year? Should I get a variable or fixed-rate mortgage? And what about my investments for retirement?
In contrast, microeconomics can help to answer the following questions: How can my firm minimize its costs and increase its profits? What prices should I charge for my products? Will I really be better off financially if I quit my job now and go back for an MBA degree? What kind of career should I be preparing myself for? What about that new refrigerator or automobile I want to buy?
©2005 Peter Navarro (P)2005 Recorded BooksMacroeconomics and microeconomics. Professor Navarro offers clear explanations, easy to digest models and pertinent analogies. Good course for either beginners or those with some prior knowledge.
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