Episodes
Friday Jan 21, 2011
Episode 13: Newtonian Mechanics
Friday Jan 21, 2011
Friday Jan 21, 2011
An introduction to basic Newtonian Physics, including a discussion of forces, velocity, acceleration, Newton’s three laws of motion, and some common misconceptions about forces. I also discuss circular motion, and conclude with a brief look at the physics of walking and driving a car.
Thursday Jan 06, 2011
Episode 12: The Price System
Thursday Jan 06, 2011
Thursday Jan 06, 2011
An examination of how the price system works, including an introduction to supply and demand theory, and the concepts of clearing the market and surplus maximisation. We also look at how the price system promotes efficiency helps to regulate economic activity. Also includes a discussion of how prices store and communicate economic information.