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Principles of Economics: Business, Banking, Finance, and Your Everyday Life
This course introduces both macroeconomics and microeconomics. At a business and professional level, macroeconomics can help to answer questions such as the How much should I manufacture this month? How much inventory should I maintain?
At a personal 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 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?
At a personal 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 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?
Audiobook
First published January 1, 2005
3 people are currently reading
94 people want to read
About the author
Peter Navarro
50 books116 followersA Professor of Economics and Public Policy at the Paul Merage School of Business, University of California, Irvine and holds a Ph.D. in Economics from Harvard University. He received several teaching awards in 2010 for the MBA programs that he teaches.
Navarro ran for office in San Diego, California, three times. In 1992, he ran for mayor, winning the primary race, but losing to Susan Golding in the runoff. In 1996, he ran for the 49th Congressional District, but lost to Republican Brian Bilbray. In 2001, Navarro ran in a special election to fill the District 6 San Diego city council seat, but lost in the primary.
Navarro ran for office in San Diego, California, three times. In 1992, he ran for mayor, winning the primary race, but losing to Susan Golding in the runoff. In 1996, he ran for the 49th Congressional District, but lost to Republican Brian Bilbray. In 2001, Navarro ran in a special election to fill the District 6 San Diego city council seat, but lost in the primary.
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Displaying 1 - 6 of 6 reviews
February 23, 2017
Great College course. Recommended as a basic guide on the subjects or in preparation for the actual college class.
January 19, 2019
good overview of major topics in economics.
February 25, 2023
First off, i would like to start by saying that i have read and listened to quite a lot of information concerning economics, finance and business over the last few years. So, it is no surprise that this book would be added to that list but the big surprise is that the Principles of Economics by Peter Navarro is by far the most comprehensive and easy to absorb books that i have worked my way through.
I first started down the path of reading and listening to books and other forms of podcasting when I was going to embark upon my honors which never eventuated but did leave me with the understanding that there was a large gap in my knowledge of the social sciences. This book has well and truly stepped into that diminishing void and supplied me with the knowledge i need.
Navarro's delivery is smooth and clean and helps take the audio book to a level that is compelling and not necessarily a burden to listen to even though it is academically orientated and focused. Each chapter is broken down into sections of content which is introduced by a narrator and at the end he mentions exercises which can be completed - obviously i did not do this while driving to work in the car or while i was bottling homebrew.
Throughout the book Navarro, as expected from an academic, builds a scaffold of knowledge and capability into the book with case studies and examples which highlight the importance of the lecture and contextualises the knowledge that has been disseminated in the chapter. Some of these case studies are dated and are now very historical but are easily understood and with a little digging allows the reader to see the repercussions that Professor Navarro so astutely points out and the discusses in depth.
For me personally, the information concerning how businesses whether large or small are able to sustain themselves with a better knowledge of economic principles was an important jump because it was the first time i had moved my interest from the macro to the micro and hadn't felt tempted to skim over the top. I did have a chuckle to myself when he mentions that a lot of management that come from non-economic backgrounds struggle in business leadership roles even though they have science or engineering degrees. I have seen this a lot over the years, and it is good to see that it is a common problem and not directly and or specifically a mining management problem.
Peter Navarro has produced a fantastic audio book explaining economics to the everyday person such as myself and i look forward to reading more of his material as i move forward in my reading, research and economic evolution.
I first started down the path of reading and listening to books and other forms of podcasting when I was going to embark upon my honors which never eventuated but did leave me with the understanding that there was a large gap in my knowledge of the social sciences. This book has well and truly stepped into that diminishing void and supplied me with the knowledge i need.
Navarro's delivery is smooth and clean and helps take the audio book to a level that is compelling and not necessarily a burden to listen to even though it is academically orientated and focused. Each chapter is broken down into sections of content which is introduced by a narrator and at the end he mentions exercises which can be completed - obviously i did not do this while driving to work in the car or while i was bottling homebrew.
Throughout the book Navarro, as expected from an academic, builds a scaffold of knowledge and capability into the book with case studies and examples which highlight the importance of the lecture and contextualises the knowledge that has been disseminated in the chapter. Some of these case studies are dated and are now very historical but are easily understood and with a little digging allows the reader to see the repercussions that Professor Navarro so astutely points out and the discusses in depth.
For me personally, the information concerning how businesses whether large or small are able to sustain themselves with a better knowledge of economic principles was an important jump because it was the first time i had moved my interest from the macro to the micro and hadn't felt tempted to skim over the top. I did have a chuckle to myself when he mentions that a lot of management that come from non-economic backgrounds struggle in business leadership roles even though they have science or engineering degrees. I have seen this a lot over the years, and it is good to see that it is a common problem and not directly and or specifically a mining management problem.
Peter Navarro has produced a fantastic audio book explaining economics to the everyday person such as myself and i look forward to reading more of his material as i move forward in my reading, research and economic evolution.
August 1, 2015
A very good overview. But that is what it is and the maximum that it could be. After all, covering macro and micro economics in seven hours is quite a high level overview,. Nevertheless, it is a good summary and starting point.
May 2, 2015
كتاب سمعي على شكل محاضرات جيد
March 19, 2009
Nothing fantastic.
Displaying 1 - 6 of 6 reviews