A User's Guide to Understanding Economics and Economic Jargon.
The economy matters substantially to the health, wealth, and prosperity of the country, its companies, and its citizens. Yet, sadly, economics often is not well understood, with the jargon and language of economics making this important topic regarded as inaccessible, misunderstood, or simply disregarded. Or, where people try to give economics the necessary attention, they are quickly caught up in technical terms and acronyms – like a gross domestic product, foreign portfolio flows, CPI, and MPC - that leave users lost in the language and often bewildered by the terminology and how it all fits together?
Against this backdrop, this masterclass has two main objectives. The first is to give you a solid grasp of how economies fit together, what makes them work (or fail) and how the performance of an economy transfers into the performance of companies and the well-being of countries. The second is to strip away the jargon of economics to give you a common-sense understanding of the key terms and terminology.
'95% of economics is common sense'