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Nov 2022
15m 1s

The Economy: 3. Economic Growth and GDP

Bbc Radio 4
About this episode
What is economic growth, and what happens if there isn’t any? And what does that GDP figure stand for? Tim Harford explains how and why we measure everything. If the economy stops growing, that could mean things like job cuts, so measuring what’s going on is crucial. In this episode Tim Harford explains how the economy is measured and what is missed out. Ec ... Show More
Up next
Nov 2022
The Economy: 9. International Trade and Currency Markets
The reason we can eat pineapples and sell aeroplane parts. But why might the value of the pound fall and what does that mean if it does? Tim Harford explains who wins and who loses if the pound is cheap against the dollar and economic historian Victoria Bateman tells the story of ... Show More
14m 42s
Nov 2022
The Economy: 8. Pensions
Why is it so hard to save for retirement? Will future generations even get a pension? Why is the pension age rising and what is the state pension age? Tim Harford explains the problem an aging population is causing for the state pension and explores the gender pension gap. Econom ... Show More
14m 47s
Nov 2022
The Economy: 7. Jobs and Unemployment
What happens when lots of people lose their jobs? Why might wages be low even though everyone who wants a job, has one? What do we mean by employment and unemployment and what does 'economic inactivity' mean? What is productivity and how does it relate to you and your job? Tim Ha ... Show More
14 m
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