No more unclear terms and lengthy explanations: to ensure that you “Got it?”, Citéco offers you the opportunity to learn about the economy in a simple and intuitive way! Ready for an adventure? Settle in comfortably, press “play” and have a coffee while you get to know Virgile, Lauren, Lisa and Medhi, our museum’s budding economists.

1/ Corporate governance

 

How to encourage company managers to make concerted and transparent decisions - or prevent Virgile from unilaterally ordering Lisa to place the drink order?

The answer is a simple notion: “corporate governance”! Take our quiz to test your knowledge!

 

 

 

2/ Multinational companies

 

Do you want to know why your microwave is stamped “Made in China” and why your brand-new mobile was shipped from India? So do Lisa, Lauren, Mehdi and Virgile, who are discussing multinational companies in this new episode of “Got it?”.

 

 

 

3/ The social and solidarity economy

 

Does “Economy” always rhyme with “search for profit”? Lauren, Mehdi, Lisa and Virgile discuss their views in episode 3 of “Got it?”!.

 

 

 

4/ Moral hazard

 

Would Virgile practice an extreme sport if he knew he was not insured? Would banks take risks if they had no support from the State? It’s highly doubtful if we are to believe the notion of moral hazard which our “Got it?” protagonists are discussing in this new episode!

 

 

 

5/ Unemployment

 

Unemployment is a hot topic, but what do we actually know about it? Who is unemployed and who isn’t? Can we be voluntarily unemployed? In and out of crises, is unemployment always present? Can we achieve a 0% unemployment rate? All the answers to these questions are in this new episode of “Got it?”. Take our quiz to test your knowledge!

 

 

 

6/ The human development index

 

The Gross Domestic Product (GDP) evaluates a country’s economic situation, but it is not the only indicator that measures a State’s development: the Human Development Index focuses on a country’s social and qualitative development. But what actually does it take account of? Is it enough to determine a population’s quality of life? In this sixth episode, our budding economists will answer all your questions on the HDI and its many facets.

 

 

 

7/ Social protection

 

In this new episode, Lisa, Lauren, Mehdi and Virgile are discussing social protection! Social protection refers to all collective providence mechanisms put in place by the State, which provide financial protection against the consequences of social risks, i.e., situations that can cause a loss of income or an increase in expenses (old age, disease, invalidity) ... But how exactly do these mechanisms work? Our budding economists will give you the lowdown in under 4 minutes!

 

 

 

8/ Common goods

 

“A common good is a very particular, but hugely interesting notion!” After listening to explanations from Lisa, Lauren, Mehdi and Virgile, you’ll know all there is to know about common goods!

 

 

9/ The World Trade Organization

 

You no longer have an excuse for not understanding anything about economics with our new "Got it?" episode on the World Trade Organization! Virgil, Lauren, Lisa and Medhi share their tips for capturing everything about the economy

 

 

 

10/ Externalities

 

Positive and negative externalities, why? In this new episode of "Tas Capté", our budding economists will decipher the effects of externalities on the well-being of economic agents!

 

 

 

11/ The prisoner’s dilemma

 

We missed our budding economists! In this episode of "T’as Capté", they will discuss the concept of the prisoner’s dilemma. You’ll understand why, when there are several players in a market, it’s more efficient for them to communicate and cooperate than to go it alone!

 

 

 

12/ Emission allowance markets

 

In this new episode of "T’as Capté", Virgil, Lauren, Lisa and Medhi explain to us what emission allowance markets really are. Find out how these spaces in which one can trade rights to pollute work. So what are the benefits and limitations of these markets?

 

 

 

13/ Minimum wage

 

In this new episode of "T’as capté ?", Lauren has found a student job and will be earning the famous SMIC! Our favorite economists will explain how this minimum wage, created in 1950, works.

 

 

 

14/ The speculative bubbles

 

Lauren’s apartment-hunting is no easy task! To explain the astonishingly high property prices, our economists look at the subject of speculative bubbles. Are you familiar with the Black Thursday of 1929?

 

 

 

15/ The comparatives and absolute advantages

 

Today, Lauren finally finished knitting her beanie ?
But Virgil and the gang are wondering if it’s more beneficial for Lauren to make her beanie herself, if we take into account the time spent making it and the quality of it, or to buy it directly ? Let’s find out with them the comparative and absolute advantages!

 

 

 

16/ The systemic shock

 

The subprime crisis of 2008, do you know it? Banks, failures and financial risks, Virgil and his gang explain to you today the systemic shocks!

 

 

 

17/ Value chains

 

Do you know the value chains? Virgil, Lauren, Lisa and Medhi explain it all to you!

 

 

 

18/ Purchasing power

 

Times are hard for Lisa, she’s working harder than before and still has the same income. Isn’t she losing purchasing power? In this new episode, our apprentice economists join forces to understand the famous "purchasing power" and help Lisa!

 

 

 

19/ Competitiveness

 

The "T’as capté ?" team talks to us today about competition, cost, quality... in short, competitiveness! What about you, price or non-price competitiveness? Where does France rank in the world in terms of competitiveness? The answer in episode 19!

 

 

20/ The Recession

 

Lisa wonders about the current situation in France: recession or not? In this new episode of "T’as capté ?" learn to understand what a recession is, what causes it, and the measures in place to overcome it.

 

 

21/ The Creative Destruction

 

Artificial intelligence and new technologies are an outstanding example of creative destruction in progress. These are highly promising innovations, but they can also be frightening, as they could destroy a good number of professions. This new"T’as Capté" video is an opportunity to take a closer look at this interesting economic model, first thought up by Joseph Schumpeter !

 

 

 

22/ Protectionism

 

What is protectionism? What are its advantages? Its disadvantages? What does it involve? All the answers to these questions are in this episode of "T’as Capté"!

 

 

 

23/ Productivity

 

Lauren wonders: how can I be more productive? Is it just a matter of working harder? Or is it just a matter of getting the right equipment? With this new episode of "T’as capté", you’ll have a perfect grasp of the concept of productivity!

 

 

 


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Published on 30 December 2020. Updated on 15 February 2024