This podcast episode introduces fundamental economic concepts, including supply and demand, opportunity cost, inflation, GDP, and interest rates. It then explores contrasting economic schools of thought: classical economics, emphasizing free markets and minimal government intervention; Keynesian economics, advocating for government intervention during economic downturns; monetarism, focusing on the money supply's role in economic fluctuations; and the Austrian school, highlighting individual liberty and spontaneous order. Finally, it touches upon behavioral economics, which incorporates psychological factors into economic decision-making.

https://ideepdive.wordpress.com/2024/12/15/economic-theories-guide/