Economics of the media is increasingly becoming important to traders who get their news sources from various Internet and cable TV sources. Whether or not there is a “liberal bias” to a news medium and what the economics are of radio and TV stations, can play a huge role in the investing decisions a trader makes.
Tyler Cowen and Alex Tabarrok offer a course called Economics of the Media through the online MRUniversity supported by George Mason University.
Tyler Cowen is Holbert L. Harris Professor of Economics at George Mason University and also Director of the Mercatus Center at George Mason University. He received his Ph.D. in economics from Harvard University in 1987. His book The Great Stagnation: How America Ate the Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better was a New York Times best-seller. In a recent poll by The Economist he was named one of the most influential economists of the last decade, and in 2011 Bloomberg BusinessWeek dubbed him “America’s Hottest Economist.” Foreign Policy magazine named him as one of its “Top 100 Global Thinkers” of 2011.
Alex Tabarrok is Bartley J. Madden Chair in Economics at the Mercatus Center at George Mason University. He is the co-author with Tyler Cowen of Modern Principles of Economics, a leading principles of economics textbook.
Lance Jepsen has earned the Economics of the Media certificate from Professors Tyler Cowen, and Alex Tabarrok, by scoring a 96% on the Economics of the Media Final Exam.