ALL OF ECONOMICS (No BS, No Fluff) in 20 minutes

Description :

The video starts with an epic intro at 00:00, then moves to choices at 00:22, trade at 00:36, opportunity cost at 00:47, comparative advantage at 00:58, market at 01:21, incentives at 01:41, supply and demand at 01:54, equilibrium price and price control at 02:04, money at 02:22, banks at 02:45, markets again at 02:55, supply chain at 03:08, production at 03:30, productivity at 03:50, GDP at 04:07, GDP per capita at 05:07, growth at 05:17, boom, recession and depression at 05:31, inflation and stagflation at 05:45, why prices so high at 06:05, price discrimination at 06:16, history of money at 06:31, how much money should exist at 06:52, monetary expansion at 07:07, hyperinflation at 07:22, central banks at 07:38, interest rate at 07:54, monetary policy at 08:07, quantitative easing at 08:14, loans = new money at 08:25, fractional reserve banking at 08:35, bank run & deposit insurance at 08:45, taxes at 08:58, types of taxes at 09:17, public goods at 09:48, budget, deficit & surplus at 10:04, government bonds at 10:14, national debt at 10:25, debt servicing & default at 10:58, international trade at 11:22, free trade at 11:49, globalization & structural adjustment at 12:00, protectionism at 12:15, currency at 12:30, forex & exchange rate at 12:40, floating vs fixed currency at 12:50, currency depreciation & appreciation at 13:09, currency manipulation at 13:19, currency crisis at 13:29, global supply chain at 13:42, supply shock at 13:58, labor economics at 14:13, wages at 14:23, marginal revenue product at 14:36, unemployment at 14:48, minimum wage at 15:00, wage gap at 15:11, finance at 15:40, stocks & efficient market hypothesis at 16:00, bonds, derivatives crypto at 16:11, investing, assets & risk return trade-off at 16:38, development economics at 16:55, poverty trap at 17:29, foreign aid, micro loans & other solutions at 17:37, behavioral economics at 17:52, cognitive biases in economics at 18:05, nudges at 18:28, economic systems at 18:41, mixed economy at 19:03, all of economics recapped at 19:40, and a call to donate at 20:07.