Economics of a simple business leading up to a discussion on inflation/deflation. Touching on income statements.
Course
Current Economics
Discussions of economic topics and how they relate to current events.
10 Lectures
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More analysis of the cupcake business.
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Using our spreadsheet to show why prices decrease when utilization is low and prices increase when utilization is high.
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A discussion of inflation and deflation
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More on inflation and capacity utilization.
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Is the stimulus large enough to offset the demand shock caused by the contraction in credit? Will it lead to inflation?
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Analyzing unemployment data to show that "real" unemployment is worse than the headline numbers show.
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Discussion of inflation, the CPI index and owners' equivalent rent.
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Simple analysis of cost per job saved from stimulus.
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Understanding how the headline unemployment rate (U-3) is calculated