Covid-19/Coronavirus & the Economy   Leave a comment

We’re adding the latest economic podcasts relating to the current Coronavirus Crisis here. Many also have discussion board / written assignment prompts.

Check out

Where Do We Get $2,000,000,000,000? 

What a Coronavirus Recession Would Look Like

How to Save the Economy Now

Covid-19 Drives Unemployment Claims Up

What can governments and central banks do to protect the world economy in the face of covid-19?

The Fed Fights the Virus

Medicine for the Economy

Triple-A Ratings are so Yesterday

The Long Life of Keynesian Economics

 

 

 

Welcome to audioecon!   1 comment

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!

Posted June 27, 2012 by audioecon in Utility

China’s New Normal   Leave a comment

Link: https://www.npr.org/2020/03/18/817995238/chinas-new-normal

China has been in lock down for over a month and a half. China has finally started to get things under control through travel restrictions and mandatory quarantining. Life is slowly beginning to go back to normal, indicating that things will get better.

Original Air Date: March 18, 2020

Length: 8 minutes 38 seconds

Discussion Prompt: What can other countries take away from China’s response to Covid-19? What should other countries do differently?

Where Do We Get $2,000,000,000,000?   Leave a comment

Link: https://www.npr.org/2020/03/26/821787090/episode-985-where-do-we-get-2-000-000-000-000

In the wake of the Covid-19 crisis, the U.S. government is pushing out a $2 trillion stimulus package. The Fed is also purchasing large quantities of U.S. Treasury bonds in order to stimulate the economy. This podcast discusses where this stimulus is coming from, and how it will effect the economy.

Original Air Date: March 26, 2020

Length: 20 minutes 29 seconds

Discussion Prompt: Why is demand for U.S. Treasury bonds so high right now? Will the stimulus package be enough to keep the economy safe from a recession?

What a Coronavirus Recession Would Look Like   Leave a comment

Link: https://www.marketplace.org/shows/marketplace/what-a-coronavirus-recession-would-look-like/

In the U.S. economy, we experience business cycles so after a large economic boom, there is always a recession. Economists believe it is possible we are heading into a “V” recession due to corporate defaults, bankruptcies, and layoffs. This podcasts also addresses issues such as the discrepancies in internet access, stockpiling groceries, and the current state of the stock market.

Original Air Date: March 17, 2020

Length: 25 minutes 43 seconds

Discussion Prompt: What are the differences between L, V, U, and W shaped recessions? What are the other indicators of each “shape” recession?

Discussion Prompt: With schools taking up remote learning, what can be done to bridge the gap to allow equal access to the internet?

How to Save the Economy Now   Leave a comment

Link: https://www.npr.org/2020/03/19/818583204/episode-982-how-to-save-the-economy-now

Neel Kashkari from the Federal Reserve bank discusses his optimism about the future of the economy. He believes the Federal Reserve has learned from its mistakes during the 2008 crisis, and is now better equipped to react. The Fed is emergency lending in order to combat the effects of this economic uncertainty.

Original Air Date: March 20, 2020

Length: 13 minutes 43 seconds

Discussion Prompt: How is the current situation similar to the 2008 financial crisis? Should the Federal Reserve bail out banks and businesses during times like these?

Triple-A Ratings are so Yesterday   Leave a comment

Link:https://www.npr.org/2020/02/05/803201941/triple-a-ratings-are-so-yesterday

In the United States bond market, only two companies currently hold a triple-A rating: Microsoft and Johnson & Johnson. Most companies are falling into triple-B and double-B bond ratings. Once companies fall below a triple-B rating, their bonds are considered to be “junk bonds”. Due to the current low interest rates, even if a company has a low rating, they still can receive a loan at a low price which means there is little incentive to achieve a high bond rating. With the record high level of corporate debt in the U.S., there will be little financial flexibility for these companies if a recession hits.

Original Air Date: February 5, 2020

Length: 9 minutes

Discussion prompt 1: Should the government incentivize companies to cut back on their debt and improve their bond ratings? If so, how should the government do this?

Discussion prompt 2: What are the long term economic implications of the extensive amount of corporate debt in the United States?

 

Posted March 24, 2020 by meaghanprice3 in Finance, Planet Money

The Long Life of Keynesian Economics   Leave a comment

Link: https://www.imf.org/en/News/Podcasts/All-Podcasts/2017/11/11/the-long-life-of-keynesian-economics

Keynesian economics was particularly popular after the Great Depression. Keynes revolutionized how government involvement in the economy was seen. Keynesian theories are still applied in financial crises today.

Original Air Date: October 16, 2014

Length: 7 minutes