Download Now

TTC - Thinking like an Economist: A Guide to Rational Decision Making

TTC - Thinking like an Economist: A Guide to Rational Decision Making
AVI | AVC 230kbps | English | 384x288 | 30fps | 6h 11mins | MP3 stereo 54kbps | 827 MB
Genre: Video Training

Economic forces are everywhere around you. You're made aware of that whenever you reach for your wallet, apply for a loan, shop for health care, or try to figure out the best credit card to carry. But that doesn't mean you need to passively accept whatever outcome those forces might press upon you. Instead, you can learn how to use a small handful of basic nuts-and-bolts principles to turn those same forces to your own advantage.
Making a few simple adjustments to the way you see things and act on them-learning to "think like an economist"-can give you newfound power and confidence in a surprising range of financial and personal situations that make up your daily life. You can find yourself making better decisions that not only save time and money, but also produce optimum results in other ways important to you. And you can also sharpen your understanding of world and national events.
In the 12 fast-moving and crystal-clear lectures of Thinking like an Economist: A Guide to Rational Decision Making, award-winning Professor Randall Bartlett of Smith College 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.
A Tool Kit for Changing How You Look at Daily Life
Many of the concepts in Professor Bartlett's tool kit may be familiar.
People respond to incentives.
There's no such thing as a "free lunch."
There are at least two sides to every interaction.
Everything affects everything else.
Any action can bring with it significant unintended consequences.
In this world of complex interrelationships, no one is really in control.
However, when used in the context of three core concepts of economic rationality, marginal analysis, and optimization that Professor Bartlett clearly lays out, his tool kit can make this perhaps the most practical, life-enhancing economics course you'll ever take.
It's an approach that makes Thinking like an Economist a real-life how-to guide that sets aside those often-dry economics textbooks and reveals just how often the seemingly remote forces discussed in their pages are in fact at play in your own life-often in situations in which you may never have dreamed they'd be present.
While most of us can readily appreciate the role those forces play in expected areas-the ones in which monetary values are obviously at work-many of us often give little notice to the full reach of those economic principles into almost every other aspect of our lives, from the safety of our environment to the amount of candidate information we really need in order to cast a wise vote.
After a dozen lectures with Professor Bartlett, things 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.
01. The Economist's Tool Kit-6 Principles
02. The Economist's Tool Kit-3 Core Concepts
03. The Myth of ''True Value''
04. Incentives and Optimal Choice
05. False Incentives, Real Harm
06. The Economics of Ignorance
07. Playing the Odds-Reason in a Risky World
08. The Economics of Information
09. A Matter of Time-Predicting Future Values
10. Think Again-Evaluating Risk in Purchasing
11. Behavioral Economics-What Are We Thinking
12. Acting like an Economis

Guidebook - Thinking like an Economist.pdf

TTC - Thinking like an Economist: A Guide to Rational Decision Making
TTC - Thinking like an Economist: A Guide to Rational Decision Making
TTC - Thinking like an Economist: A Guide to Rational Decision Making


Direct Download

Tags: Thinking, Economist, Rational, Decision, Making

Add Comments:
Enter Code: *