Cash Course
Welcome to Cash Course, the Financial Education Podcast! This series offers a foundational understanding of key concepts in finance and economics. From the basics of money and how it works, to the forces of supply and demand that shape markets, how national economies are measured and managed, the complexities of global trade and investment, and essential tools for personal money management, we break down fundamental ideas to help you navigate the world of finance. This podcast is for educational purposes only and isn’t financial or investment advice.
Cash Course
Big Mac-roeconomics – The National Economy
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
Shift focus to the big picture: the national economy. Learn how economists measure economic health using Gross Domestic Product (GDP) and economic growth. We define a recession, unemployment, and the inflation rate. Understand the business cycle and how governments use fiscal policy (spending, taxes) and central banks use monetary policy (interest rates, money supply) to manage it. Concepts like budget deficit/surplus, national debt, productivity, labor force participation, economic indicators, and stagflation are also explained.