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: Venezuela’s oil dependent economy imports nearly 80% of its food, which is particularly worrisome when oil prices are at an all time low.
Original Air Date: April 18, 2016
Length: 4 minutes 46 seconds
Summary: Tipping has become a staple in many industries in today’s society. The common belief is that with better service results in a better tip. Planet Money discusses whether a tip really is an incentive to give better service, or if it is now expected regardless of service.
Original Air Date: January 20, 2016
Length: 17 minutes 36 seconds
Discussion Question: Is it unethical to not give a tip if good service was given? Or is it unethical to expect a tip given it is a loss for the consumer? Discuss the incentives and utility for both the consumer and employee regarding tips.
Summary: Years ago, the only classifications for apples was based on color: red, green or yellow. Planet Money discusses how one researcher from Minnesota changed the apple market by introducing an apple that was actually tasty for retail consumers.
Original Air Date: October 12, 2016
Length: 14 minutes 7 seconds
Discussion Question: By putting a patent or a trademark on a type of apple, how does that affect supply and demand? How does it affect competition in the market?
Summary: Love isn’t a word you would normally associate with Economics. Applying the principles of Economics to your relationships seems preposterous. But is it? Planet Money discusses how economics are beneficial to your love life and can help you save on the one cost of love: time.
Original Air Date: March 1, 2017
Length: 23 minutes 13 seconds
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Summary: Due to regulations and animal cruelty, the market for animals has almost disappeared over the years. Planet Money discusses how zoos and aquariums use different methods to get their animals without having to pay a single dollar and avoiding a PR disaster.
Original Air Date: September 9, 2016
Length: 17 minutes 22 seconds
Summary: What if the odds of finding Elvis Presley alive were 5000 to 1? You could have had those same odds if you bet on Leicester City to win the most watched soccer league. Freakonomics discusses the near-impossible story of how this little club pulled off the biggest upset in an environment that rewards those who spend.
Original Air Date: May 25, 2016
Length: 45 minutes 15 seconds
Discussion Question: What behavior is being encouraged by the structure of the English league? Compare it with an American league. How is competition affected?