Oz-onomics
The Oz-onomics Podcast
A student-created podcast on economics.
Be sure to visit the podcast's website and support the creator: ozonomics.podbean.com
Author
Oz-onomics
Category
Podcast website
Latest episode
May 17, 2025
Where to listen?
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Episodes
The Underground Economy's Effect on Real Markets 17.05.2025 12:06
Podcast created by: Austin Davis, Jordan McCombie, and Patrick Thomann Austin, Patrick, and Jordan discuss the underground economy, emphasizing its vastness and complexity. They explain that it includes activities like unreported tips, off-the-books hires, and street vendors, collectively amounting to trillions of dollars globally. The underground economy can constitute up to 3% of GDP in some cou...
Caught in the Crossfire 17.05.2025 17:08
Podcast created by: Munkhdelger Myagmar and Drake Pierce This podcast episode explores the underreported impact of the U.S.-China trade war on smaller ASEAN economies such as Vietnam, Myanmar, Indonesia, and others. While the global spotlight remained on the economic titans, ASEAN nations deeply integrated into global value chains navigated both challenges and opportunities stemming from trade div...
The Energy Shift: Building a Resilient Economy 17.05.2025 20:39
Podcast created by: Meagan Munroe, Tyler Krompier This podcast explores clean energy and economic resilience, challenging the common misconception that environmental sustainability comes at the cost of economic growth. Hosts Tyler and Meagan examine how renewable energy sources such as wind, solar, geothermal, and hydro-power offer both environmental and financial benefits. The episode discusses t...
Why are Scandinavian Countries so Rich and Happy? 16.05.2025 17:02
Podcast created by: Munkhdelger Myagmar and Drake Pierce Our podcast dives into the economic and social roots of happiness in Scandinavian countries, exploring what makes nations like Denmark, Finland, Norway, and Sweden consistently rank at the top of global happiness charts. Using research from the World Happiness Reports, academic studies, and policy comparisons, we look at how factors like str...
Value-Added Voyage 16.05.2025 26:14
Podcast created by Meagan Munroe and Tyler Krompier. This podcast episode, Value Added Voyage, explores the economic policy transformation of the Bahamas, focusing on the country's transition from a tariff and customs-based tax system to a Value Added Tax (VAT) model introduced in 2015. The episode talks about the historical context, policy rationale, and economic impacts of VAT implementation on...
Betting Markets vs. Polls 16.05.2025 14:34
Podcast created by: Patrick Thomann, Jordan McCombie, and Austin Davis In this episode, we explore why betting markets often outperform traditional polls in predicting election outcomes. Through historical analysis, real-world examples, and insights into how financial incentives drive better forecasting, we break down how platforms like Polymarket and PredictIt are reshaping political prediction...
Is gift-giving inefficient? 23.05.2024 16:55
Podcast created by: Samantha Calinski and Joshua Caban Are you one of the many to receive a gift you were unsatisfied with? The concern with gift giving is the chance of preference mismatch. Thus, there is a possibility that the gift will not match the preferences of the recipient. So, is it better if we just give cold cash? In this podcast, we discover how gift giving could lead to inefficiency....
What is Bitcoin? 23.05.2024 17:09
Podcast created by: Samuel Meltser and Zachary Daigle Today we discussed cryptocurrency, particularly Bitcoin. This podcast discusses how the largest cryptocurrency in the world came to fruition, how the pricing of Bitcoin works, and some of the pros and cons of these coins. This podcast is not meant to be used as financial advice; we simply want to inform you about something we both believe will...
Intergenerational Income and Educational Inequality 23.05.2024 21:57
Podcast created by: Jason Lin and Tyler Bacon There is an observed correlation between educational attainment and household income levels in the United States. When observing the statistics there are certainly advantages that higher income levels have over that of lower income households. This includes access to private education, tutoring services, and access to better public school districts wit...
Educational Attainment and Income 23.05.2024 19:07
Podcast created by: Samuel Kerner, Katherine Bablin, and Matthew Faulkner The human capital theory suggests that acquiring more education and training adds to a person's skill and therefore increases productivity and efficiency. By this logic, those with more education should end up receiving higher salaries, thus there is a return to education. In this podcast we discuss how the rate of returns t...
Intergenerational Mobility In the USA 23.05.2024 23:38
Podcast created by: Jared Jeziorowski and Khadejah Taylor The aim of this podcast is to dissect economic and social disparities affecting minorities. Not just current disparities but also inequalities of the past and how those could impact people's intergenerational mobility for generations to come.
Educational Inequity and Income Inequality 23.05.2024 20:39
Podcast created by: Tyler Bacon and Jason Lin Education inequity is a recurring issue in many countries across the world. When looking at South Africa, Finland, and the United States, there is a significant difference in the county’s allocation of resources to education which includes government funding, education requirements, and technology resources. The largest discrepancies exist between deve...
Return to College Major 23.05.2024 16:55
Podcast created by: Joshua Caban, Samantha Calinski We discuss the returns to college majors, the reason why there are fewer women in stem, the economics of returns to education and majors, advice on college major choice,
The 2008 Financial Crisis 23.05.2024 14:36
Podcast created by: Zach Daigle and Sam Meltser This podcast is about the events that took place leading up to, during, and after the 2008 Financial Crisis. This will include the lead up with the housing crisis, rising interest rates, and warning signs. It will also include during the crisis with bank failures, unemployment growth, GDP decline, and steps to try and mitigate the crisis. Finally, af...
The Consequences & Causes of the Great Depression 23.05.2024 19:35
Podcast by: Jared Jeziorowski and Khadejah Taylor This podcast focuses on the causes and consequences of the Great Depression with the focus on monetary policy and international monetary policy.
1970s Oil Crisis and Stagflation 23.05.2024 14:51
Podcast created by: Samuel Kerner, Katherine Bablin, and Mathew Faulkner The 1970s were characterized by periods of stagflation in which unemployment and inflation both rose. The stem of the issue came from political tensions in Arabia which led to a disruption in the supply of oil for the rest of the world. The resulting energy shocks disrupted the economies of many countries around the globe tha...
Opportunity Costs and Sunk Costs 12.12.2021 6:10
A podcast that discusses opportunity costs and sunk costs. Podcast by Taylor Moore and Caroline Flynn Transcript [MUSIC] Kate: Hey everyone. Welcome to Oz-onomics, a podcast created for and by students in introductory economics classes at SUNY Oswego. GABRIELLA: In this series, we'll have discussions about various economic principles and how they apply to our day to day lives. KATE: Are you ready?...
Economic Effects of Immigration 02.03.2020 6:12
A discussion of some of the economic effects of immigration. Podcast by Shanette Lee Transcript [MUSIC] Kate: Hey everyone. Welcome to Oz-onomics, a podcast created for and by students in introductory economics classes at SUNY Oswego. GABRIELLA: In this series, we'll have discussions about various economic principles and how they apply to our day to day lives. KATE: Are you ready? GABRIELLA: Let's...
Control and Regulation 01.03.2020 6:30
Monopolies are corporations who dominate over a particular industry and are the primary supplier of a particular commodity. When they are left without government intervention, the price increases above the competitive equilibrium price which is detrimental to consumers. Anti-trust laws were put into place in order to regulate companies with too much influence over the market. This is beneficial to...
The Competition Seesaw 01.03.2020 9:20
In this podcast we discuss the nature of perfectly competitive market structures and monopolistic market structures. We talk about how an imaginary product/industry would behave in each market structure under their different conditions and with their different attributes. Podcast by: Kate Soanes and Gabriella Schaff Transcript p>[MUSIC] Kate: Hey everyone. Welcome to Oz-onomics, a podcast created...
The Aging Labor Market 01.03.2020 6:40
The purpose of this podcast is to inform listeners of the importance of seniors to continue working to save the social security system. It discusses how seniors continuing to work will give the government more time and more funds to then fund those seniors retirement once they finally retire. The problem has occurred because the baby boomers are all retiring at the same time which means the amount...
Facebook: What's the Deal? 28.02.2020 6:29
This podcast will acknowledge the ongoing issue with Facebook. Facebook, as well as other social media sites, dominate their market in a monopolistic way. Facebook currently uses its platform to push advertisements onto its consumers, which in return causes influence. This podcast will address this issue as well as the anti-trust laws that Facebook has violated. Podcast by: Brianna Jones and Lloyd...
Is a College Degree Really Worth It? 28.02.2020 6:06
My podcast discusses the benefits, and few drawbacks, or receiving a college degree. It discusses the cost versus the rate of return, along with other benefits to getting a college degree. It also discusses the benefit of a degree over going through a technical program. Podcast by: Elizabeth Evans Transcript [MUSIC] Kate: Hey everyone. Welcome to Oz-onomics, a podcast created for and by students i...
Perfect Competition vs. Monopoly 28.02.2020 9:00
On this edition of Oznomics, I define the two extreme market models Perfect Competition & The Monopoly with my own version of it and the economist definition. I also mention since they don't actually exist in the real world I take a detour and give examples that come close to both extreme market models. I also define the terms, monopolistic competitions and oligopoly, as well as providing examples...
Scare-City 2 15.01.2020 5:39
A border wall does not work in 2019 America. Immigrants cannot steal jobs, someone has to give it to them, willingly. Podcast by: Erin Geraghty Transcript [MUSIC] Kate: Hey everyone. Welcome to Oz-onomics, a podcast created for and by students in introductory economics classes at SUNY Oswego. GABRIELLA: In this series, we'll have discussions about various economic principles and how they apply to...
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