Economics - The Underground Economy: Crash Course Economics #32
Master the Essentials of Economics: Explore the dynamics of global markets, money, and trade in 35 engaging Crash Course videos designed for curious minds, eager to understand the forces shaping our world today.
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17 learners
What you'll learn
Understand foundational economic principles and their real-world applications
Analyze how specialization and trade impact economic efficiency
Explore different economic systems and their influence on macroeconomic policy
Examine the role of monetary and fiscal policies in managing economic stability
What is an underground economy? Whether you call it a black market, a grey market, or just the shop down the street, its about connecting people with goods outside of official channels. Some stuff happens in the underground economy because it's illegal, but a lot of the money that moves around this way is exchanged for pretty mundane goods and services. We'll talk about how these things work, and the awesome ways that economists figure out where all that money is.
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