A Matter of Time—Predicting Future Values
Lecture no. 9 from the course: Thinking like an Economist: A Guide to Rational Decision Making
Taught by Professor Randall Bartlett | 30 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Time can be one of the most important factors in economic thought; when events occur matters. This lecture looks at how economists deal with this critical factor, introducing you to concepts such as nominal versus real value and present versus future value.