Video and Podcasts

What is a business?

Introduction to Economics at UC Berkeley

http://www.youtube.com/watch?v=T7yC-5IDhKM

For excellent articles on key business issues look at management consultancy sites
such as:

Boston Consulting group

www.bcg.com

Goldman Sachs
www.goldmansachs.com/insights/

McKinsey
www.mckinsey.com

PWC
www.pwc.blogs.com

Other valuable sources for business information include:

BBC business
www.bbc.co.uk/news/business

The Economist (paid for)

www.economist.com

Financial Times (paid for)

www.ft.com

 Wall Street Journal

www.wsj.com/Europe

Mission and objectives

For excellent articles on key business issues look at management consultancy sites
such as:

Golman Sachs
www.goldmansachs.com/insights/

McKinsey
www.mckinsey.com

PWC
www.pwc.blogs.com

Other valuable sources for business information include:

BBC business
www.bbc.co.uk/news/business

The Economist (paid for)

www.economist.com

Financial Times (paid for)

www.ft.com

 Wall Street Journal

www.wsj.com/Europe

Managing demand

Demand

UC Berkeley
http://www.youtube.com/watch?v=ZR2255CEhvk

Deriving demand curves

http://ocw.mit.edu/courses/economics/14-01sc-principles-of-microeconomics-fall-2011/
unit-2-consumer-theory/deriving-demand-curves/

Consumer choice
http://www.youtube.com/watch?v=VNhgKtOWx9U
Elasticity

MIT
http://ocw.mit.edu/courses/economics/14-01sc-principles-of-microeconomics-fall-2011/
unit-1-supply-and-demand/elasticity/

Property rights in markets

http://www.ted.com/talks/rob_harmon_how_the_market_can_keep_streams_flowing.ht
ml

Watch this lecture by Professor Oriana Bandiera at the Royal Economics Society called
“What Economists Really do”
www.res.org.uk/resources-page/what-economists-really-do-oriana-bandiera-annual-
public-lecture-2018.html

Managing costs

For excellent articles on key business issues such as cost management look at
management consultancy sites such as:

Boston Consulting group

www.bcg.com

Goldman Sachs
www.goldmansachs.com/insights/

McKinsey
www.mckinsey.com

PWC
www.pwc.blogs.com

How markets work

Introduction to Economics at UC Berkeley

Demand and supply
http://www.youtube.com/watch?v=ZR2255CEhvk
http://www.youtube.com/watch?v=iLpeK-gQ_I8
Applying supply and demand MIT
http://ocw.mit.edu/courses/economics/14-01sc-principles-of-microeconomics-fall-2011/
unit-1-supply-and-demand/applying-supply-and-demand/

The invisible hand and much much more from the OU- an overview of Economics
60 second adventure in Economics
http://www.youtube.com/watch?v=LCRNI04tnN8

Introduction to Microeconomics MIT

http://ocw.mit.edu/courses/economics/14-01sc-principles-of-microeconomics-fall-2011/
unit-1-supply-and-demand/introduction-to-microeconomics/

Labour market

Watch these talks at the Royal Economics Society o “Is it worth going to university?”
https://www.res.org.uk/resources-page/res2018-is-it-worth-going-to-uni-shqiponja-
telhaj.html
https://www.res.org.uk/resources-page/res2018-is-it-worth-going-to-uni-gill-wyness.html

Do markets work?

How economic inequality harms societies

Richard Wilkinson TED lectures

http://www.youtube.com/watch?v=cZ7LzE3u7Bw

Rational decision making?

http://www.ted.com/talks/dan_ariely_asks_are_we_in_control_of_our_own_decisions.ht
ml

Irrational economics TED lecture

http://www.youtube.com/watch?v=UbfIWn_Rt1k

Externalities
http://www.youtube.com/watch?v=h68BQjMJNNA
Different market forms

Introduction to Economics at UC Berkeley

http://www.youtube.com/watch?v=PauOZXAi6IU

Introduction to Economics at UC Berkeley

http://www.youtube.com/watch?v=ZFqmmzYVVJM

Monopoly
MIT
http://ocw.mit.edu/courses/economics/14-01sc-principles-of-microeconomics-fall-2011/
unit-5-monopoly-and-oligopoly/monopoly-i/#?w=535
http://ocw.mit.edu/courses/economics/14-01sc-principles-of-microeconomics-fall-2011/
unit-5-monopoly-and-oligopoly/monopoly-i/#?w=535

Oligopoly MIT
http://ocw.mit.edu/courses/economics/14-01sc-principles-of-microeconomics-fall-2011/
unit-5-monopoly-and-oligopoly/oligopoly-i/
http://ocw.mit.edu/courses/economics/14-01sc-principles-of-microeconomics-fall-2011/
unit-5-monopoly-and-oligopoly/oligopoly-ii/

Strategic planning and the economy

Look at PWC’s outline of megatrends; these will affect strategic planning.

www.pwc.co.uk/issues/megatrends.html

For excellent articles on key business issues such as strategic management, look at
management consultancy sites such as:

Boston Consulting group

www.bcg.com

Goldman Sachs
www.goldmansachs.com/insights/

McKinsey
www.mckinsey.com

PWC
www.pwc.blogs.com

Other valuable sources for business information include

BBC business
www.bbc.co.uk/news/business

The Economist (paid for)

www.economist.com

Financial Times (paid for)

www.ft.com

Wall Street Journal

www.wsj.com/Europe

Strategies for growth

For excellent articles on key business issues such as strategies for growth, look at
management consultancy sites such as:

Boston Consulting group

www.bcg.com

Goldman Sachs
www.goldmansachs.com/insights/

McKinsey
www.mckinsey.com

PWC
www.pwc.blogs.com

Other valuable sources for business information include:

BBC business
www.bbc.co.uk/news/business

The Economist (paid for)

www.economist.com

Financial Times (paid for)

www.ft.com

Wall Street Journal

www.wsj.com/Europe
Analysing the macro-economic environment

The Office for Budget Responsibility was created in 2010 to provide independent and
authoritative analysis of the UK’s public finances. On its website you can find the
economic outlook for the UK.
www.obr.uk/about-the-obr/what-we-do/

There is plenty of economic data here at the Office for National Statistics
www.ons.gov.uk

What is inflation?
Bank of England
http://www.youtube.com/watch?v=APqGR9s2Ywg

Government macro-economic policy and business

What is a budget? HM Treasury

http://www.youtube.com/watch?
v=ocuH0vnph4E&list=UUaZbLIRyiCKiIcdASOs7_Lg&index=16

How does the Bank of England manage inflation?

By the Bank of England
http://www.youtube.com/watch?v=ypv8cqxfWic&feature=related

Introduction to quantitative easing

http://www.youtube.com/watch?v=J9wRq6C2fgo

Why does inflation matter?

Bank of England
http://www.youtube.com/watch?v=ce3U6n13ON4

Inflation targeting LSE lecture

http://www.youtube.com/watch?v=Xmg5RZuvRT8&list=PL17636077947CD1B4

The Office for Budget Responsibility was created in 2010 to provide independent and
authoritative analysis of the UK’s public finances. On its website you can find
evaluations of government fiscal policy.
obr.uk/about-the-obr/what-we-do/
Global business

Introduction to Economics at UC Berkeley

Trade
http://www.youtube.com/watch?v=z9YprxAWEuQ

There are a variety of sites where you can find exchange rate data. This is one
www.xe.com

You can track exchange rate movements over time.

OECD
www.oecd.org
The mission of the Organisation for Economic Co-operation and Development (OECD)
is to promote policies that will improve the economic and social well-being of people
around the world.

Lots of extremely useful data at www.data.oecd.org

World Bank
www.worldbank.org

With 189 member countries, staff from more than 170 countries, and offices in over 130
locations, the World Bank Group is a unique global partnership: five institutions working
for sustainable solutions that reduce poverty and build shared prosperity in developing
countries.   The World Bank data bank is wonderful source of data for economies all
over the world.
www.data.worldbank.org

General sites

Adam Smith Institute

Free market think tank.
www.adamsmith.org

American Economics Association

www.aeaweb.org
The American Economic Association (AEA) has 20,000+ members from academe,
business, government, and consulting groups within diverse disciplines from multi-
cultural backgrounds. All are professionals or graduate-level students dedicated to
economics research and teaching.

Bank of England
www.bankofengland.co.uk

The Economist
economist.com
An excellent weekly magazine covering business, economics and finance. You will need
a subscription for full access.

Federal Reserve
www.federalreserve.gov
The Federal Reserve System is the central bank of the United States. It performs five
general functions to promote the effective operation of the U.S. economy and, more
generally, the public interest. You can find information about US monetary policy and
inflation here.

Freakonomics
freakonomics.com
Stephen J. Dubner went to Chicago and Steven D. Levitt for The New York Times
Magazine’s website full of fascinating insights into how economics works in the real
world! Levitt and Dubner wrote Freakonomics, a book about cheating teachers, bizarre
baby names, self-dealing Realtors, and crack-selling mama’s boys. It has sold more
than 5 million copies in 40 languages. Then they wrote SuperFreakonomics. It too
became a worldwide best-seller.

Institute of Economic Affairs

www.iea.org.uk
A free market think tank. Lots of articles on why we need less government, less taxes
and more entrepreneurship.

Marginal Revolution
marginalrevolution.com 
A very popular economics blog site by Tyler Cowen is Holbert L. Harris Professor of
Economics at George Mason University and Alex Tabarrok who is Bartley J. Madden
Chair in Economics at the Mercatus Center and a professor of economics at George
Mason University.

New Economics Foundation

www.neweconomics.org
Promoting a view of economics that questions free markets and competition.

OECD
www.oecd.org
The mission of the Organisation for Economic Co-operation and Development (OECD)
is to promote policies that will improve the economic and social well-being of people
around the world.

Lots of extremely useful data at www.data.oecd.org

Office for Budget Responsibility

The Office for Budget Responsibility (OBR) is a non-departmental public body that
the UK government established to provide independent economic forecasts and
independent analysis of the public finances.
www.obr.uk

UK Treasury
Budget deficit and debt information
www.gov.uk/government/organisations/hm-treasury

World Bank
www.worldbank.org

With 189 member countries, staff from more than 170 countries, and offices in over 130
locations, the World Bank Group is a unique global partnership: five institutions working
for sustainable solutions that reduce poverty and build shared prosperity in developing
countries.   The World Bank data bank is a wonderful source of data for economies all
over the world.
www.data.worldbank.org

Wall Street Journal

wsj.com
Great US site covering economy and finance. The Wall Street Journal site offers very
good coverage of the latest business, finance and economics news and there is a
subscription required.