EconheadsThe Setlist
Learn economics, one set at a time.
15 lessons across nine sets. Each one starts with a short video, gives you the big idea in plain English, and most come with a tool you can play with. Go in order or skip straight to your favorite song.
Scarcity & Trade-offs
You can’t have everything. Here’s how to choose what you give up.
Consumer Choice
Why the fifth slice of pizza is never as good as the first, and what that does to your spending.
How Markets Work
Buyers, sellers, and the price that lands in between.
Demand
Why people buy more when it’s cheaper, and what makes everyone want AirPods at once.
- 01
The Law of Demand
The one rule behind every purchase you make.
3 min → - 02
Movement vs. Shift: Why Everyone Suddenly Wanted AirPods
Where almost everyone gets demand wrong.
Interactive graph4 min → - 03
Substitutes & Complements: How Uber Accidentally Boosts Lyft
Pepsi loves it when Coke gets expensive.
3 min → - 04
What Happens to Your Shopping When You Get a Raise
Some things you buy more of. Some you quietly stop buying.
3 min →
Supply
Profit, copycats and egg-price shocks: the seller’s side of every market.
Elasticity
Why a rent hike hurts more than a coffee hike, and how to measure it.
Trade
Why Beyoncé doesn’t fix her own tour bus, and why nations trade.
Thinking at the Margin
Cost-benefit analysis, sunk costs, and knowing when to stop.
Building Wealth
Spend less than you earn, invest the difference, and let time do the heavy lifting.