Jacob HaubertApr 302 minJacob Economics - Week 6In episode 11 we learned about money. (Crazy I know, learning about money in an economics course.) Money is used for 3 main purposes:...
Jacob HaubertApr 232 minJacob Economics - Week 5In episode 9 we learn about Deficits and Debt. A deficit is when government spending exceeds its income. Debt is an accumulation of...
Jacob HaubertApr 162 minJacob Economics - Week 3/4In episode 6, we learned about GDP. GDP is the market value of all goods and services newly produced in a country in one year. There is...
Jacob HaubertApr 12 minJacob Economics - Week 2In the third episode, we learned about the different types of economies. There are 3 different types of economies: Communism, Free...