What You’ll Uncover in MasterClass Paul Krugman Teaches Economics and Society
For Nobel Prize-winner Paul Krugman, economics isn’t a set of solutions—it’s a means of understanding the world. In his economics MasterClass, Paul teaches you the rules that form political and social points… File Dimension: 1.63 GB….
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MasterClass – Paul Krugman Teaches Economics and Society
For Nobel Prize-winner Paul Krugman, economics isn’t a set of solutions—it’s a means of understanding the world. In his economics MasterClass, Paul teaches you the rules that form political and social points, together with entry to well being care, the tax debate, globalization, and political polarization. Heighten your skill to learn between the strains and decipher the underlying economics at play.
Matters coated at school
Every class contains an in-depth, downloadable workbook.
1. Introduction
Meet your new teacher: Nobel Prize-profitable economist Paul Krugman. Paul will cowl most of the points you see within the headlines on a regular basis—and present instruments that will help you make sense of all of it.
2. What Is Economics?
Paul believes that at its coronary heart, economics is about individuals—how they earn a dwelling and how they spend their revenue.
3. Two Basic Ideas of Economics
First—individuals reply to incentives. Second—every transaction has an equal give and take. Paul breaks down financial pondering into two fundamental rules and teaches you the intricacies of every.
4. Main Developments in Financial Thought
Paul walks you thru the historical past of financial thought by the theories of Adam Smith and John Maynard Keynes to make an vital level—it’s important to perceive the previous to enhance the long run.
5. Understanding Macroeconomics: The Fed and IS-LM (Wonkish)
Learn the way the Federal Reserve works to maintain the financial system wholesome, and in regards to the theoretical framework it makes use of to tell its selections.
6. How ‘08 Occurred
Study in regards to the market patterns and unregulated monetary actions that led to our worst monetary disaster for the reason that Nice Despair, and learn how to put together your self for the unsure financial future.
7. The Financial Concept of Crises
Learn the way these ideas performed out in Japan’s 1998 crash and the 2008 recession within the US.
8. Financial Options to Crises
Paul particulars financial options vs. fiscal options, learn how to rethink deficit spending, and what to do to brace for the subsequent disaster.
9. Inequality: The Rising Hole
The rising revenue hole poses a hazard to the nicely-being of our financial system. Study the historical past of financial inequality, how race is all the time associated, and the financial results of rising up boomer vs. rising up millennial.
10. Inequality: Our Divided Society
Study the social and cultural prices of our inequality, and methods to advocate for a extra equal society.
11. Understanding Taxes
Paul explores the info behind “supply side” taxation, the potential influence of the 2017 tax cuts, and how the American tax plan impacts every of us.
12. The Economics of Technological Progress
Get instantly obtain MasterClass – Paul Krugman Teaches Economics and Society
Study the influence of technological growth on the job market, the financial system as an entire, and on the person citizen.
13. Well being Care: The Issues
Well being care is central to American lives and the American financial system. Paul breaks down the economics of the personal well being care market and explains two “market killers” in our present system.
14. Well being Care: The Options
Utilizing examples from well being care techniques within the UK, Canada, and Switzerland, Paul examines three approaches to common healthcare, noting the positives and challenges of every.
15. Theories of Commerce (Wonkish)
By way of a dialogue of his Nobel Prize-profitable thought, the New Commerce Concept, Paul explains the historical past and continued influence of commerce on the financial system.
16. Understanding the Hyperglobalized World
Globalization has endlessly modified the way in which we talk and do enterprise. Paul discusses the transformative applied sciences that led to environment friendly world commerce and the influence of these developments on our nation’s financial system.
17. China: The Disruptive Miracle
Paul explains China’s fast financial development and particulars how the inflow of their exported items influence economies and guidelines of commerce worldwide.
18. Financial Geography
By way of the instance of Silicon Valley, Paul illustrates how economics may even management the geographic motion of individuals.
19. Studying Economics
Paul teaches you learn how to learn and interpret growing financial points to be able to keep knowledgeable. Study his private instruments and methods for recognizing important, correct info in breaking information.
20. Seeing the World Like an Economist
For Paul, being an economist requires pondering critically and studying from others. Study his important pondering methodology, like learn how to search for pure experiments, suppose previous your personal bias, and use the knowledge at your fingertips.
21. Writing Economics
Utilizing his column “Myths of Austerity,” Paul demonstrates how he makes use of language, present occasions, and extra to interrupt down a fancy matter whereas preserving the reader knowledgeable and engaged.
22. Closing
Paul ends his class with parting recommendation for aspiring activists and coverage makers, or those that want to turn out to be extra knowledgeable residents: keep in mind to remain conscious, to learn, to hear, and to stay an lively participant in society.
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