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Behavioral Economics Crash Course Econ 27

Why do people buy the stuff they buy? In classical economics, most models assume that consumers behave rationally. As you've probably noticed in your real ...

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How much should you get paid for your job? Well, that depends on a lot of factors. Your skill set, the demand for the skills you have, and what other people are ...

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Would you like to play a game, Dr. Falken? Actually, this episode isn't really about games, or Matthew Broderick, or Thermonuclear War. But enough with the ...

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So, if economics is about choices and how we use our resources, econ probably has a lot to say about the environment, right? Right! In simple terms, pollution is ...

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We've been talking about the unavoidables recently. Last time, we covered Death. This time, it's taxes. So, what are taxes? Why do we pay taxes? What is all that ...

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BE BRIGHT: "Overcome your fear of making a mistake. Take a bold stance, an active role in big life situations. Calculate the risk, and take control!" In the spirit of ...

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This week Jacob and Adriene teach you about marginal analysis, which you're using RIGHT NOW! The video is coming from inside the house! Or something.

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They say money can't buy happiness, but who are they? Can money buy happiness? The answer is: sort of. While money may not be able to buy true happiness, ...

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This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and ...

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Is Immigration good or bad? Immigration is a touchy subject in the United States. The 2016 election has been filled with debate about the subject, and both ...

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Why is health care so expensive? Once again, there are a lot of factors in play. Jacob and Adriene look at the many reasons that health care in the US is so ...

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We talk a lot about Keynesian economics on this show, pretty much because the real world currently runs on Keynesian principles. That said, there are some ...

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We don't always get it right. Shooting Crash Course Econ was a lot of fun, OK? Crash Course is on Patreon! You can support us directly by signing up at ...

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EconMovies explain economic concepts through movies. In this episode, I use The Dark Knight to explain oligopolies, game theory, dominate strategy, and Nash ...

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How do companies make money? What are profits? Revenues? How are prices set? This week, Jacob and Adriene are talking business. Whether you're selling ...

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What is a monopoly? It turns out, it's more than just a board game. It's a terrible, terrible economic practice in which giant corporations dominate markets and hurt ...

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An introductory course providing an in-depth analysis of some recent developments, including the rapid growth of behavioural economics and the increased use ...

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Duke professor Dan Ariely has little faith in human rationality.

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Renowned behavioral economist and 2013 Nobel Laureate in Economic Sciences Robert J. Shiller delivered the inaugural Paul Volcker Lecture in Behavioral ...

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Economist David Kreps argues that traditional economic models of “rational decision making” fail to capture the complexity of how real people make important ...

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