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Understand

Tim Harford cuts through the jargon of the economic terms and ideas dominating the news.

Radio 4,16 episodes

Episodes

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The Economy
Trailer
Everything you need to know about the economy and what it means for you.
31 Oct 2022,1 min
The Economy
1. Inflation
What is inflation, why does it matter, and is someone to blame if it goes up?
03 Nov 2022,14 mins
The Economy
2. Interest Rates and Mortgage Rates
What’s the Bank of England got to do with mortgage rates?
03 Nov 2022,14 mins
The Economy
3. Economic Growth and GDP
What is economic growth, and what happens if there isn’t any?
04 Nov 2022,15 mins
The Economy
4. Bonds, Gilts, Stocks and Shares
Who lends the government money and why? And what exactly does the stock market do?
04 Nov 2022,14 mins
The Economy
5. Banks
What are banks and what do they do with our money?
04 Nov 2022,14 mins
The Economy
6. Recessions
What is a recession and why might one happen?
28 Nov 2022,14 mins
The Economy
7. Jobs and Unemployment
Why might your wages be low even if everyone who wants a job, has one?
29 Nov 2022,14 mins
The Economy
8. Pensions
Why is it so hard to save for when we’re older?
30 Nov 2022,14 mins
The Economy
9. International Trade and Currency Markets
The reason we can eat pineapples and sell aeroplane parts.
01 Dec 2022,14 mins
The Economy
10. Inequality
Why are the rich, rich and the poor, poor, and was it always this way?
02 Dec 2022,15 mins
The Economy
11. Pricing and Discounting
How does pricing work, and when is a bargain really a bargain?
31 Jan 2023,15 mins
The Economy
12. Credit
What is credit and how do we use it?
31 Jan 2023,14 mins
The Economy
13. National Debt
What is the national debt?
31 Jan 2023,14 mins
The Economy
14. Bankruptcy and Insolvency
How does going bankrupt affect us and the economy?
31 Jan 2023,14 mins
The Economy
15. Energy Market
Our energy bills explained.
31 Jan 2023,15 mins