Think Like An Economist cover image

S E34: The Boom and Bust of Business Cycles

Think Like An Economist

00:00

How to Use Indicators to Understand the Economy

Remember the big tip, which is track a lot of indicators, not just one or two. A country's economy is large and complex, so you want to get as full a picture as you can. It's also best to focus on broad indicators that account for a really big share of the economy. If the data comes in stronger than what you were expecting, it's time to admit maybe you weren't right.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app