(Oxford) Diploma : Real World Macro Economics

April 2021 update: New section added but – warning! – this includes homework. If you’re keen on participating and discussing (with Instructor interaction) then this course is ideal BUT if you just want to watch videos and never post in Q/A this is not for you!

LATEST ADDITION: In-depth analysis of the ECONOMICS of Donald Trump and Joe Biden. Up to date as at 27th October 2020. Who knows – this may influence the way some people vote!!

This course looks at the two economies of the UK and the USA as they stand in early June 2019. During the visit to the UK by President Trump we look at the two economies – the one the UK PM is leaving behind as a legacy and the one President Trump is (temporarily) departing from.

As part of the analysis we apply basic macroeconomic concepts.

Key topic areas include:

• National debt

• Budgets

• Consumption

• Unemployment

• Inflation

• Growth

• Trade

This course is fully up to date and will be of interest to anyone interested in current, real world, economics

Just added: July 2019:

Workbook: Economics and decluttering

Chapters

Chapter 1 : The economics of decluttering

Chapter 2: Decluttering the company

Chapter 3: How to declutter like an Economist

Chapter 4: Buy less…

Chapter 5: The economics of tidying up

Chapter 6: Declutter your business

Chapter 7: Mistakes people make when decluttering

Chapter 8: The Kondo Effect: the economy-changing magic of tidying up

Topics:

• Decluttering

• Sunk costs

• Costs of clutter

• Marie Kondo

• 5S lean manufacturing

• Lean management

• Declutter your mail inbox

• Declutter your home office

• Wasting time and opportunities

• Thinking like an economist

• A rich life with less stuff

• Minimalism

• How much is enough

• The art of letting go

• Recycling

• Status quo bias

• Diminishing returns

• Decluttering mistakes

• Minimalism

• Consumerism

• Minimalism and economics: the endowment effect

Two new workbooks have been added – one for Christmas 2019 and one for New Year 2020