Why are we choosing to have fewer children, even as we put more time into raising each one? Why are we so often willing to follow the herd and the opinions of strangers when making important decisions, even when those decisions are deeply personal? Most surprising: Why are questions like these increasingly attracting the attention of economists?
Find out why with these 24 fascinating lectures that will help you grasp as never before the ways in which these mechanisms for making choices are operating even in areas in which you may never have considered the forces of economics to be at work. Professor Taylor puts to rest the oft-quoted misconception of economics as the dismal science. Instead, you'll take part in a wide-ranging and enjoyable investigation of how economic thinking - whether applied personally, nationally, or globally - relates to, and sheds fresh light on, just about everything.
With the aid of findings from recent Nobel Prize winners and rapidly evolving leading-edge fields like behavioral economics, you'll look at subjects ranging from discrimination and natural disasters to charity and risk-taking, and even whether terrorism can be considered a career choice. As you roam with Professor Taylor across this fascinating landscape, you'll discover unique vantage points from which to survey and understand these exciting and vital territories being explored every day by economists. And you'll gain a deeper understanding of the role of choice in your own life, whether choices you've made for yourself, or those made for you by leaders you've entrusted with that authority.
Disclaimer: Please note that this recording may include references to supplemental texts or print references that are not essential to the program and not supplied with your purchase.
Download and start listening now!