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Thinking Like an Economist: A Guide to Rational Decision Making

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Thinking Like an Economist: A Guide to Rational Decision Making

Written by: Randall Bartlett, The Great Courses
Narrated by: Randall Bartlett
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About this listen

Economic forces are everywhere around you. But that doesn't mean you need to passively accept whatever outcome those forces might press upon you. Instead, with these 12 fast-moving and crystal clear lectures, you can learn how to use a small handful of basic nuts-and-bolts principles to turn those same forces to your own advantage.

Requiring no previous economics background, Professor Bartlett presents some of the fundamental principles and concepts that shape the lenses through which economists view the world. He then shows you how to use these simple analytical tools to understand what you see through those lenses. By learning to identify the many varied situations in which economics affects your life and how to wield the tools that can help you make the wisest choices in those situations, you'll enhance not only your understanding of daily life but your own success in living it.

Packed with case studies, helpful strategies, economic insights, and more, this series will equip you with a reliable toolkit for thinking more like an everyday economist and approach the issues in your own life with a more educated, seasoned eye. And after these dozen lectures with Professor Bartlett, things really will look very different. You'll see how basic economic ideas like incentives, risks, rewards, and rationality are not just the province of professional economists, government policymakers, or your local bank's loan officer, but instead lie at the root of nearly every decision you must make in your daily life.

©2010 The Teaching Company, LLC (P)2010 The Great Courses
Economics

What listeners say about Thinking Like an Economist: A Guide to Rational Decision Making

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This book is worth listening to.

The book is very interesting and explains complex economic concepts in an easy format that helps in implementing the concepts in daily life.

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Making everyone an Economist

Quite interesting narration of concepts of economics with relevant and easy to comprehend examples. The nascent behavioral economics has also been well explained. This is a must book for all rational people.

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Good read

Got some perspective of a economist. It will make you think like a economist before making decisions in your life.

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1 person found this helpful

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A thoroughly enjoyable book...

You have seen the world but might not have seen it to the eyes of an economist. After you have read this book, you will be able to see the world through the eyes of an economist and be able to take more rational decisions. The author Randall Bartlett illustrates his points with the use of real life examples which makes things interesting and easy to understand. Very well narrated by the author himself. Recommend this book to all.

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I've never enjoyed economics before

Very simple yet extraordinary set of recordings. I absolutely love myself for making this purchase.

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Great Book

Must read for anyone who wants to think like an economist. Great examples of daily things to make one understand the underlying reasons

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Top notch

A must listen for policy makers in govt, business, and lay person alike. Take this seriously and take better decisions every where.

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Good learning

Got a framework to begin. Also learnt How to think rationally before jumping into a conclusion. I made a note of the points and decided to run each problems through this framework.

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