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Economics
Sam
7 episodes
1 week ago
Economics, explained. Host Sam makes complex economic concepts easy to understand. Understand how the news, the market, and your own spending habits connect in just a few minutes per episode. Learn to think like an economist and navigate your financial life with confidence. Subscribe to Learn Economics.
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Education
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All content for Economics is the property of Sam and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Economics, explained. Host Sam makes complex economic concepts easy to understand. Understand how the news, the market, and your own spending habits connect in just a few minutes per episode. Learn to think like an economist and navigate your financial life with confidence. Subscribe to Learn Economics.
Show more...
Education
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Producer's Behaviour - "The Game of Costs, Revenues and Profits"
Economics
7 minutes 29 seconds
3 weeks ago
Producer's Behaviour - "The Game of Costs, Revenues and Profits"

We've been inside the consumer's mind—now it's time to step into the boardroom. What really goes on behind the "For Sale" sign? How does a company decide how much to produce, what to charge, and whether it's all worth the effort?

In this episode of Economics, we flip the script to explore the world from the producer's perspective. Host [Host Name] unpacks the fundamental game of costs, revenues, and profits that every business, from a local bakery to a tech giant, is forced to play.

We’ll pull back the curtain on the engine of the economy and examine:

  • The Cost Equation: Breaking down fixed vs. variable costs, and why some costs disappear when you stop production, while others linger.

  • The Power of Marginal Analysis: The make-or-break question every CEO asks: "If I produce one more unit, will the additional revenue cover the additional cost?"

  • The Profit Motive: How the relentless pursuit of revenue over costs dictates everything from hiring freezes and massive expansions to the fate of entire industries.

  • The Short Run vs. The Long Run: Why a business might operate at a loss temporarily and what it needs to survive and thrive over time.

This is the playbook for how the other side of the market thinks. Whether you're an aspiring entrepreneur, an investor, or just a curious consumer, this episode will give you a powerful new lens for understanding business headlines, market shifts, and the very products that surround you.

Subscribe to "Economics" on Spotify to master the fundamentals of how our world works.

Economics
Economics, explained. Host Sam makes complex economic concepts easy to understand. Understand how the news, the market, and your own spending habits connect in just a few minutes per episode. Learn to think like an economist and navigate your financial life with confidence. Subscribe to Learn Economics.