Occupy_wallst Why is Economics Relevant?

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Sure, economics is about making money. But it's really about human behavior in general.

In his lecture entitled "Do Not Pass Go, Do Not Collect $200: Monopolies as an Introduction to Economics," part of Floating University's Great Big Ideas course, University of Chicago professor Saul Levmore looks at the origins and tools of economics, using examples like "Why do we download from iTunes?" "Why does a house costs more than a cookie?" and "Why would a King behead his subjects for saving coins?"

Watch the video here:

One of the puzzles Levmore examines in his lecture is the housing bubble.

Watch the video here:

 

 

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About Floating University

37 Posts since 2011

The latest updates from The Floating University, a new educational media venture for the digital generation co-founded by Big Think and the Jack Parker Corporation. The Floating University creates and distributes online multimedia curricula, rich in text, video, animation and graphics. Its first course, Great Big Ideas, will be taught to freshman at Harvard, Yale and Bard this fall of 2011. 

 

 

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