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Economic Systems and Macroeconomics: Crash Course Economics #3

2015-07-30

[public] 2.61M views, 44.4K likes, 1.29K dislikes audio only

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In which Jacob Clifford and Adriene Hill teach you about Economic Systems and Macroeconomics. So, economics is basically about choices. We'll look at some of the broadest economic choices when we talk about the difference between planned economies and market economies. We'll get into communism, socialism, command economies, and capitalism. We'll look at how countries choose the kind of system they're going to use (spoiler alert: many end up with mixed economies). We'll also look into how individuals make economic choices.

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Intro
/youtube/video/B43YEW2FvDs?t=26.289
Market Economies and Planned Economies
/youtube/video/B43YEW2FvDs?t=78.160004
Economic Planning
/youtube/video/B43YEW2FvDs?t=127.63
Free Market Economies
/youtube/video/B43YEW2FvDs?t=140.5
The Invisible Hand
/youtube/video/B43YEW2FvDs?t=167.92
Mixed Economies
/youtube/video/B43YEW2FvDs?t=334.16901
The Circular Flow Model
/youtube/video/B43YEW2FvDs?t=340.409
Government
/youtube/video/B43YEW2FvDs?t=371.60999