Video and Audio Lectures in Political Economy
A podcast series about the credit crunch and global recession featuring three Oxford academics. This series examines how the current crisis developed, analyses market and government responses to it, and looks at what might happen next. Eight audio files are available with most programmes lasting around 30 minutes.
The Transformaton of macroeconomic policy and research is Prescott's 2004 Nobel Prize lecture. It sets out the method and significance of micro-founded, forward-looking, dynamic-equilibrium models as originated by Kydland, Prescott, Lucas and others, and widely adopted as cheap computing power becomes available. Assess the impact on use of macro models for policymaking, with particular attention to time consistency and credible commitment. It is complemented by the shorter, more empirical 'Quantitative Aggregate Theory' by co-laureate Finn Kydland, available from the same site. Both in video as well as text form.
In this 26 minute lecture from the Occupy Harvard "Teach-in" in December 2011, Fung, a professor of democracy and citizenship, discusses income and wealth inequalities in the USA. The video is available on YouTube under a Creative Commons Attribution licence that allows remixing.


