What is Economics? Part 1/3

economic_glasses

I remember well my first economics class: we dived straight in and learned to derive supply and demand curves. Then I became so immersed in trying to get my head around the different definitions of the money supply that it took me a decade to realise I didn’t buy into the whole mindset that I was being sold by the textbooks. But I was lucky enough to have great teachers who encouraged me to rethink it for myself, and that’s exactly what I’m (still) doing.

So here’s a different kind of introduction to economics – the kind that I wish I had had, and which would have saved me years of walking away from the subject, only to realise that you can’t walk away because its language and influence is everywhere around us.

It’s a three-part video, each one 10 minutes long, and I’ll be posting parts 2 and 3 in the next couple of days.