Choice, Scarcity and Tradeoffs in Economics - a podcast by Ann Stevens

We went over the fundamental choice framework of microeconomics including consumer choice and budget constraints. We also examined trade offs and choice over time by looking at interest rates and compound interest. Finally, we addressed macro level trade offs by examining the Production Possibilities Frontier (PPF).

Further episodes of Principles of Macroeconomics 2014

Further podcasts by Ann Stevens

Website of Ann Stevens