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Title: The Modern Scholar: Principles of Economics: Business, Banking, Finance, and Your Life
Author: Peter Navarro
Narrator: Peter Navarro
Format: Unabridged
Length: 8 hrs and 5 mins
Language: English
Release date: 09-22-08
Publisher: Recorded Books
Genres: Self Development, Personal Finance
Summary:
At a business and professional level, macroeconomics can help to answer questions such as the following: How much should I manufacture this month? How much inventory should I maintain?
At a personal level: 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 questions: 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?
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