Economics

In this course, Professor Sir John Kay (University of Oxford) examines the role financial markets and the financial system play in the economy. In the first module, we look at the key question of why we have a financial system. After that, we look...

In this course, Dr Maria Cubel (University of Bath) discusses market failure. In the first module, we look at the situations when markets work. After this, we look at public goods. Then, we discuss the tragedy of the commons. In the fourth module,...

In this course, Professor James Robinson (University of Chicago) lays out the arguments from his book, which he co-authored with Daron Acemoglu, Why Nations Fail: The Origins of Power, Prosperity, and Poverty (2012). In the first module, we look...

In this course, Professor Lord Richard Layard (London School of Economics) looks at the economics of happiness. In the first module, we introduce the key ideas of happiness economics and discuss how the happiness revolution has taken shape so far....

In this course, Dr. Ramin Nassehi (University College London) discusses the topic of international economic growth and development. In the first module, we introduce the key ideas about why economic growth and development are important. Then, we...

In this course, Professor Andrea Ferrero (University of Oxford) discusses the topic of central banks and monetary policy. In the first module, we look at the history of central banks and its main functions today. After that, we look at the...

In this course, Dr. Paul Segal (King’s College London) look at the topic of Globalisation. In the first module, we introduce the key ideas of globalisation and trace its long-run history. After this, we discuss our current trading system and how...

In this course, Professor Johannes Abeler (University of Oxford) explores the subject of Behavioural Economics. In the first module, we look at what behavioural economics is. Then, we explore reciprocity in more detail. In the next two modules we...

In this course, Dr. Ramin Nassehi (University College London) discusses supply-side policies. In the first module, we introduce the key ideas of supply-side economics. After this, we introduce the two schools of thought in supply-side economics....

In this course, Dr Paul Segal (King's College London) explores the interaction of the demand and supply sides of the economy. In the first module, we summarise AD, GDP and the multiplier as well as providing an introduction to how we apply these...

In this course, Dr. Bruce Morley (University of Bath) explores the topic of Exchange Rates and Balance of Payments. In the first module, we look at the three separate accounts of the Balance of Payments - the Capital, Current and Financial...

In this course, Professor Avinash Dixit (Princeton University) discusses how economists think. In the first module, we look at what economics is. After this, we explore the forces of supply and demand. Then, we look at what macroeconomics is and...

In this course, Dr. Patrick Gaule (University of Bristol) discusses the forces of supply and demand. In the first module, we look at demand in detail. After this, we discuss the determinants of demand. Then, we look at supply and its determinants....

In this course, Dr. Simon Halliday (University of Bristol) discusses the economic problem and the factors of production. In the first module, we look in detail at what the economic problem is. After this, we look at wants, needs and different...