Download Files Size:
- Audible Audiobook
- Listening Length: 8 hours and 5 minutes
- Program Type: Audiobook
- Version: Unabridged
- Publisher: Recorded Books
- Audible.com Release Date: July 21, 2009
- Language: English
- ASIN: B001GKVBWY
This course introduces both macroeconomics and microeconomics.
At a business and professional level, macroeconomics can help to answer questions such as the following: How much should I manufacture this month? How much inventory should I maintain?
At a personal level: Should I switch jobs – or ask for a raise? Should I buy a house now or wait until next year? Should I get a variable or fixed-rate mortgage? And what about my investments for retirement?
In contrast, microeconomics can help to answer the following questions: How can my firm minimize its costs and increase its profits? What prices should I charge for my products? Will I really be better off financially if I quit my job now and go back for an MBA degree? What kind of career should I be preparing myself for? What about that new refrigerator or automobile I want to buy?