Episode Synopsis "Choice, Scarcity and Tradeoffs in Economics "

Lecture 3 (4/9): Lecture covers the factors that affect choices made by economic agents. This includes budget sets, determinants of interest rates and opportunity costs.

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More episodes of the podcast Principles of Macroeconomics, Spring 2013

• Choice, Scarcity and Tradeoffs in Economics
• Introduction to Supply and Demand
• Analyzing Supply and Demand
• Gross Domestic Product
• Economic Growth
• Unemployment
• Unemployment 2
• Inflation
• Inequality
• Aggregate Supply and Demand
• Aggregate Supply and Demand 2
• The Kenyesian Perspective