Current Economics

Discussions of economic topics and how they relate to current events.

Lectures

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   Lecture 1 - Economics of a Cupcake Factory

   Economics of a simple business leading up to a discussion on inflation/deflation. Touching on income statements.

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   Lecture 2 - Cupcake Economics 2

   More analysis of the cupcake business.

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   Lecture 3 - Cupcake Economics 3

   Using our spreadsheet to show why prices decrease when utilization is low and prices increase when utilization is high.

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   Lecture 4 - Inflation, Deflation & Capacity Utilization

   A discussion of inflation and deflation

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   Lecture 5 - Inflation, Deflation & Capacity Utilization 2

   More on inflation and capacity utilization.

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   Lecture 6 - Inflation & Deflation 3: Obama Stimulus Plan

   Is the stimulus large enough to offset the demand shock caused by the contraction in credit? Will it lead to inflation?

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   Lecture 7 - Unemployment

   Analyzing unemployment data to show that "real" unemployment is worse than the headline numbers show.

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   Lecture 8 - CPI Index

   Discussion of inflation, the CPI index and owners' equivalent rent.

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   Lecture 9 - Simple Analysis of Cost per Job Saved

   Simple analysis of cost per job saved from stimulus.

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    Lecture 10 - Unemployment Rate Primer

    Understanding how the headline unemployment rate (U-3) is calculated