Listen free for 30 days
Listen with offer
-
The Modern Scholar: Principles of Economics: Business, Banking, Finance, and Your Life
- Narrated by: Peter Navarro
- Length: 8 hrs and 1 min
Failed to add items
Add to basket failed.
Add to wishlist failed.
Remove from wishlist failed.
Adding to library failed
Follow podcast failed
Unfollow podcast failed
£0.00 for first 30 days
Buy Now for £36.99
No valid payment method on file.
We are sorry. We are not allowed to sell this product with the selected payment method
Summary
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?