42 min listen
Episode 103: Introduction to Economic Growth and Global Poverty
Episode 103: Introduction to Economic Growth and Global Poverty
ratings:
Length:
71 minutes
Released:
Mar 31, 2020
Format:
Podcast episode
Description
In this the first in an eight-part series covering the causes of economic growth and development, I provide an introduction to the key concepts of absolute and relative poverty, different theories of development, and how GDP is defined and measured. I also discuss the differences between rural and urban poverty, give an overview of the different levels of development of various countries around the world, and outline some of the major methodological challenges in studying causes of economic growth around the world. Recommended pre-listening is Episode 16: The Price System, and Episode 56: The Gains from Trade.
Released:
Mar 31, 2020
Format:
Podcast episode
Titles in the series (100)
Episode 12: The Price System: An examination of how the price system works, including an introduction to supply and demand theory, and the concepts of clearing the market and surplus maximisation. We also look at how the price system promotes efficiency helps to regulate economic act... by The Science of Everything Podcast