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Narrative Economics

Discover how narrative dynamics and storytelling influence economic decisions and shape market behaviors across global economies.

Discover how narrative dynamics and storytelling influence economic decisions and shape market behaviors across global economies.

This course introduces the concept of narrative economics, exploring how popular stories and narratives influence economic behavior and outcomes. Led by renowned economist Robert Shiller, the course examines how certain stories go viral and shape public beliefs, affecting decision-making in areas such as investment, spending, and career choices. Through four modules, students will learn about the basic concepts of narrative economics, explore why some stories become influential, examine perennial economic narratives, and consider future research directions in this field. The course aims to incorporate the study of narrative contagion into economic theory and practice.

4.8

(567 ratings)

33,102 already enrolled

Instructors:

English

پښتو, বাংলা, اردو, 2 more

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Narrative Economics

This course includes

5 Hours

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

2,435

What you'll learn

  • Understand the concept of narrative economics and its importance

  • Analyze how stories influence economic behavior and market outcomes

  • Explore the mechanisms of narrative contagion in economic contexts

  • Examine perennial economic narratives and their impact on decision-making

  • Learn to identify and evaluate the influence of narratives on economic events

  • Develop skills in applying narrative economics to economic analysis and forecasting

Skills you'll gain

narrative economics
contagion of ideas
economic behavior
market psychology
financial markets
economic forecasting
social trends

This course includes:

3.5 Hours PreRecorded video

4 assignments

Access on Mobile, Tablet, Desktop

FullTime access

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There are 4 modules in this course

This course introduces the concept of narrative economics, exploring how popular stories and narratives influence economic behavior and outcomes. It covers the basic concepts of narrative economics, demonstrates how stories change over time to affect economic phenomena, and examines why some narratives become influential while others are forgotten. The course explores seven key propositions of narrative economics and analyzes nine perennial economic narratives that have significantly impacted economic decisions. It also discusses future research directions and the potential for integrating narrative economics with other disciplines. Throughout the course, students will gain insights into how narratives shape public beliefs and influence decision-making in various economic contexts.

Introduction

Module 1 · 1 Hours to complete

Seven Propositions of Narrative Economics

Module 2 · 1 Hours to complete

Perennial Economic Narratives

Module 3 · 2 Hours to complete

Consilience

Module 4 · 52 Minutes to complete

Fee Structure

Payment options

Financial Aid

Instructor

Robert Shiller
Robert Shiller

4.9 rating

10,121 Reviews

23,18,112 Students

9 Courses

Sterling Professor of Economics at Yale University

Robert J. Shiller is a renowned economist and Sterling Professor of Economics at Yale University, where he also serves as a Professor of Finance and Fellow at the International Center for Finance at the Yale School of Management. He earned his B.A. from the University of Michigan in 1967 and his Ph.D. in economics from the Massachusetts Institute of Technology in 1972. Shiller is widely recognized for his contributions to financial markets, behavioral economics, macroeconomics, and real estate, and he was awarded the Nobel Prize in Economic Sciences in 2013 for his empirical analysis of asset prices.Shiller has authored several influential books, including Irrational Exuberance, which analyzes speculative bubbles, and Finance and the Good Society, which discusses the role of finance in modern society. He is also known for developing the S&P/Case-Shiller Home Price Indices, which are crucial for understanding real estate market trends. In addition to his academic work, he writes a regular column for Project Syndicate and The New York Times, sharing insights on economic issues and financial markets.

Narrative Economics

This course includes

5 Hours

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

2,435

Testimonials

Testimonials and success stories are a testament to the quality of this program and its impact on your career and learning journey. Be the first to help others make an informed decision by sharing your review of the course.

4.8 course rating

567 ratings

Frequently asked questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.