The Study of Economics
is useful in providing insights into how the world
works. It teaches students a way of thinking, which
when combined with training in qualitative and
quantitative reasoning, and good judgment, provides an
excellent foundation for just about anything that
students may do in life.
Council for Economic Education (National
Standards): The
Council for Economic Education envisions a world in
which people are empowered through economic and
financial literacy to make informed and responsible
choices throughout their lives as consumers, savers,
investors, workers, citizens, and participants in our
global economy.
Economic History
Services:
EH, a chartered organization, was created
in 1993 to assist economists, historians and related social scientists
through the use of electronic communication and information
technology. EH currently operate file servers in Economic History
and the History of Economics.
History of Economic Thought Web Site:
This web site serves as a repository of collected links and
information on the history of economic thought, from the ancient times
until the modern day. It is designed for students and the general
public, who are interested in learning about economics from a
historical perspective.
Library of
Economics and Liberty: Library of Economics and Liberty is
dedicated to advancing the study of economics, markets, and liberty.
It offers a unique combination of resources for students, teachers,
researchers, and aficionados of economic thought.
Mises Institute: The Ludwig von Mises
Institute is the research and educational center of classical
liberalism and the Austrian School of economics. Working in the
intellectual tradition of Ludwig von Mises (1881–1973) and Murray N.
Rothbard (1926–1995), with a vast array of publications, programs, and
fellowships, the Mises Institute seeks a radical shift in the
intellectual climate.
Social Science Research
Network (SSRN): Social Science Research Network (SSRN) is
devoted to the rapid worldwide dissemination of social science
research and is composed of a number of specialized research networks
in each of the social sciences.
Free the World (Fraser Institute):
Economic freedom has been shown in numerous peer-reviewed studies to
promote prosperity and other positive outcomes. It is a necessary
condition for democratic development. It liberates people from
dependence on government in a planned economy, and allows them to make
their own economic and political choices.
Property &
Environment Research Center (PERC): the Property and
Environment Research Center—is the nation’s oldest and largest
institute dedicated to improving environmental quality through markets
and property rights. Research is at the heart of PERC’s work followed
by outreach and education. Formed more than 25 years ago, PERC applies
economic thinking to environmental problems. Located in Bozeman
Montana, PERC pioneered the approach known as free market
environmentalism (FME).
Capital Markets Simulator Sign In
The Investopedia
Stock Simulator:
Our stock market game is like a fantasy sports pool for
investing - it simulates the experience of trading in
the stock market. Our system connects to a real-life
data feed, allowing you to invest just like you would
with an online trading account at any discount broker,
but with $100,000 of virtual cash, you can trade
without fear of losing real money!
March 21, 2006 by Google. The service features business
and enterprise headlines for many corporations including their
financial decisions and major news events.
Yahoo Finance
is a service from Yahoo! that provides financial information.
Intrade:
Our mission is to provide the best trading, information
and prediction market services bar none.
Federal Reserve Education:
Here you can find links to instructional materials and tools
that can increase your understanding of the Federal Reserve,
economics and financial education.
The
Khan Academy: The Khan Academy is a
not-for-profit organization with the mission of providing a high
quality education to anyone, anywhere.
MIT Open Courseware: MIT OpenCourseWare (OCW)
is a web-based publication of virtually all MIT course
content. OCW is open and available to the world and is
a permanent MIT activity.
Open Yale Courses: Open Yale Courses provides free and
open access to a selection of introductory courses taught by
distinguished teachers and scholars at Yale University. The aim of the
project is to expand access to educational materials for all who wish
to learn.
For over 250 years the Royal Society for the
encouragement of Arts, Manufactures and Commerce (RSA) has been a
cradle of enlightenment thinking and a force for social progress. Our
approach is multi-disciplinary, politically independent and combines
cutting edge research and policy development with practical action
Ecological Economics:
Ecological Economics offers a cross-disciplinary conversation
about economics and ecology.
Environmental Economics:
Read this blog from economists about environmental and natural
resources.
Behavior Economics
A Short Course in Behavioral Economics
(10.1.2008):
the study of how thinking and
emotions affect individual economic decisions and
the behavior of markets. He investigates the
implications of relaxing the standard economic
assumption that everyone in the economy is
rational and selfish, instead entertaining the
possibility that some of the agents in the
economy are sometimes human.
Alibaba:
Alibaba (HKSE:1688), a member of the Alibaba
Group of companies, is one of the world's premier
e-commerce brands and the number one online
marketplace for global and domestic China trade.
We provide an efficient, trusted platform
connecting small and medium-sized buyers and
suppliers from around the world. Our
international marketplace focuses on global importers and exporters and our
China marketplace focuses on suppliers and buyers trading
domestically in China. Together our marketplaces
form a community of more than 24 million
registered users from over 200 countries and
regions.
Message in a Bottle Americans spent more money last year on
bottled water than on ipods or movie tickets: $15 Billion. A journey
into the economics--and psychology--of an unlikely business boom. And
what it says about our culture of indulgence.
Watch Their Language Certain phrases
that appear in financial reports should be viewed as red flags
signaling potential trouble -- and maybe even a scam. Video: Dirty
Words in the Fine Print
Despite Recession, High Demand For Skilled Labor Just as the recession
began, Chris McGrary, a manager at the Cianbro Corporation, set out to
hire 80 “experienced” welders. Only now, 18 months later, is he
completing the roster.
Free the World (Fraser Institute):
Economic freedom has been shown in numerous peer-reviewed studies to
promote prosperity and other positive outcomes. It is a necessary
condition for democratic development. It liberates people from
dependence on government in a planned economy, and allows them to make
their own economic and political choices.
Property &
Environment Research Center (PERC): the Property and
Environment Research Center—is the nation’s oldest and largest
institute dedicated to improving environmental quality through markets
and property rights. Research is at the heart of PERC’s work followed
by outreach and education. Formed more than 25 years ago, PERC applies
economic thinking to environmental problems. Located in Bozeman
Montana, PERC pioneered the approach known as free market
environmentalism (FME).
Library
of Economics and Liberty: Library of Economics and Liberty is
dedicated to advancing the study of economics, markets, and liberty.
It offers a unique combination of resources for students, teachers,
researchers, and aficionados of economic thought.
Free To Choose:
Free To Choose Network is a non-partisan, non-profit (501-c-3)
foundation. Contributions to our work are tax deductible within the
limits of the law
How to Make Big Money,
Gary Shilling. An unprecedented number of Americans have
received unprecedented incomes and accumulated unprecedented net
worths in recent years. Sure, the gains are tempered by the reality
that while the top tier is gaining, the income shares of the rest are
falling. Many Americans have seen no purchasing power gains in
decades, and they've only recently advanced because of the big fall in
energy prices.
Movie:
Enron: The Smartest Guys in the Room (2005)
-
Based
on the book of the same name by Peter Elkin, director Alex Gibney's
documentary takes a behind-the-scenes look at the powerful energy
company whose downfall forever changed the landscape of the business
world. With a blend of fascinating footage, fast-paced interviews and
a wealth of information, this film is a serious lesson in the
potential trappings of dishonesty and unethical behavior dogging
corporate America
today.
Video: The two-hour
The Ascent of Money: In The Ascent of Money, Niall
Ferguson traces the evolution of money and demonstrates
that financial history is the essential back-story
behind all history.
Triple Double-Pendulum:
Every once in a while it's a good idea to remember that even the
simplest-looking physical systems can have completely bonkers
behavior. The pendulum is certainly one of those systems. It's
so simple that it's a mainstay of freshman classes, for
technical and non-technical majors alike, though even then we do
have make an approximation that's only valid for relatively
small angles of the swing. But the equation of motion that
a pendulum obeys is pretty simple. String a few pendulums
together and the equation of motion is still not too bad - all
you have to do is a little somewhat tedious work in figuring out
the expressions for the energy of each swinging arm and you've
got the equation of motion. If you actually try to solve the
equation of motion and calculate the paths that the pendulums
will take, you'll find that you can't. Not in anything
resembling a clean closed-form equation. Why? Just look:
Online
Classes.org has a list of
50 recommended Ivy League economic classes. (I have been
partial to the MIT online economic classes, which this site
omits). Regardless, here are a few worth exploring:
Game Theory: Learn more
about how game theory can be applied to economics in this
lecture from Yale professor Ben Polak. [Yale]
Financial Markets: This
lecture series from professor Robert Shiller will teach you
about the basics of the economic system and how each part fits
together. [Yale]
Economic Theory for an Innovative World:
Learn why this economist thinks existing models
should be changed so that businesses can foster innovation and
change. [Columbia]
Higher Education and the Recession:
Check out this lecture to find out how higher education is
being affected by the recession and how it might trickle down
into local communities. [Cornell]
Capitalism and Confusion:
Here, Nobel Laureate Amartya Sen speaks about the current
financial crisis. [Cornell]
The Subprime Drama Continues, but for How Long?:
Has the subprime crisis run its course? This lecture
from Richard Herring attempts to address many of the issues
surrounding this complex topic. [UPenn]
Origins of the Financial Mess:
Alan Blinder, a Professor of Economics and
Public Affairs at the Woodrow Wilson School and co-director of
Princeton`s Center for Economic Policy Studies, discusses the
financial crisis in this lecture. [Princeton]
Financial Crises: Check out
this series of lectures to learn about the roots of a
financial crisis, responses and results. [Princeton]
Soft Landing Economy: This
lecture from 2006 shows just how wrong many predictions about
the seriousness of the market downturn really were. [UPenn]
Proposed Solutions to the Economic Crisis
Once you’ve learned a little more about where the
financial crisis stands, you can listen to these lectures that
propose a variety of solutions, sometimes conflicting, on what
to do to help it recover.
Temporary Nationalization Necessary to Save Troubled Banks:
This lecture from Columbia Business School Professor Stiglitz
takes the stance that the government should take control of
failing banks to ensure economic stability. [Columbia]
Preventing the Next Financial Crisis:
Pay close attention to this lecture series that brings
together numerous scholars, researchers and experts to discuss
how future financial disasters can be averted. [Columbia]
Economics Advice for President Obama:
Several economists at Cornell share their thoughts on what the
government should do in this informative discussion. [Cornell]
The Century Of The Self:
"This series is about how those in power have used
Freud's theories to try and control the dangerous crowd in an age of
mass democracy." - Adam Curtis
(Edward
Louis Bernays)
