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  • The Modern Scholar: Principles of Economics: Business, Banking, Finance, and Your Life

  • By: Professor Peter Navarro
  • Narrated by: Peter Navarro
  • Length: 8 hrs and 1 min
  • 4.4 out of 5 stars (14 ratings)
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The Modern Scholar: Principles of Economics: Business, Banking, Finance, and Your Life

By: Professor Peter Navarro
Narrated by: Peter Navarro
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Summary

This course introduces both macroeconomics and microeconomics.

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 Books

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