This site is a curated library of economics-themed podcasts, primarily from Planet Money, but also from Freakonomics, EconTalk, This American Life and others. The site is designed for economics instructors with searchable categories created with the instructor in mind, as well as suggestions for podcast-related assignments they might incorporate into course instruction. Audioecon will also be of interest to anyone who enjoys learning more about economics. Audioecon and related assignments is featured in the Journal of Economics Education article Podcasts as a Tool for Teaching Economics Vol.45, Iss.3, 2014.
I hope you find this site useful and interesting, and welcome your feedback!
I wish you smart listening!
Summary: Return on Investment (ROI) analyzes at the most efficient way to spend money. An example given is the difference between curing malaria and HIV/AIDS. To cure malaria, it would cost about $1,000 per person, while it would cost ten times that to cure HIV/AIDS, and it is decided that they would rather save 10 people from malaria before they save one from HIV/AIDS. The United Nations, with their Millennium Development Goals coming to a close, will be looking to set new goals in 2015, to be completed by 2030. One of the issued they will focus on is how they are setting goals, and how to be more efficient with the help of the Return on Investment analysis.
Original Air Date: October 2, 2014
Length: 43 minutes 34 seconds
Prompt / Discussion: You are a member of the United Nations, and are put in charge of coming up with new development goals for 2015. You have $100 billion to invest in various development aid. Discuss how you would prioritize between an important, expensive goal (such as getting all kids into school, which was one of the Millennium Development Goals), and something that might not be seen as highly important, but cost effective.
Summary: The Planet Money team investigates the outdated qualifications for the Poverty Line in America and the need for a new formula to alleviate the suffering. This podcast includes a brief history of the Poverty Line.
Original Air Date: September 20, 2013
Length: 11 minutes 47 seconds
Summary: The Planet Money team looks at the relative benefits of providing poor families a home in low poverty neighborhoods via housing vouchers.
Original Air Date: May 4, 2015
Length: 4 minutes 17 seconds
Summary: Kenneth Feinberg discusses the reality of compensating families of victims of horrific tragedies. He advises we all plan for tomorrow.
Original Air Date: March 27, 2015
Length: 3 minutes 35 seconds
Summary: In this podcast, Brancaccio describes a term called “hyperbolic discounting” in which people look for instant gratification that in turn clouds their financial decisions.
Original Air Date: March 25, 2015
Length: 3 minutes and 58 seconds
Summary: The Planet Money team investigates the $100 bill and found that over two-thirds of the bills are overseas. Additionally, they assume the bills are used for illegal activities due to their convenience.
Original Air Date: August 14, 2014
Length: 6 minutes 10 seconds
Summary: Minimum wage is a hot topic in the economic realm. In this podcast the same study is done three times resulting in different outcomes on the pros and cons of raising the minimum wage.
Original Air Date: March 6, 2014
Length: 4 minutes 32 seconds