This video is the second part of the Iceberg of Economics series where I break down concepts in the world of economics. This episode is the surface level concepts, but as we get deeper it will get crazier.

To watch the video versions of this show that includes graphs and charts about the topics described in the podcast, subscribe to the YouTube Channel, Analyzing Finance with Nick

https://www.youtube.com/channel/UC7TEgC3UwJ2wI6m40rJOAFA

0:00 Intro

2:20 Corporations

5:55 Aggregate Supply and Demand

8:08 Big Mac Index

13:00 Fractional Reserve Banking

18:22 Efficient Market Hypothesis

24:28 Social Market Economy

#iceberg #economics #bigmacindex

Citations:

Big Mac Index: https://www.economist.com/big-mac-index

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