PODCAST · education
Inside the Economist’s Mind
by Economic Insight
Inside the Economist’s Mind is a podcast that opens the door to how economists think, work, and solve real-world problems. Designed for economics students, early-career professionals, and curious minds, this show explores the logic behind big decisions—combining theory, data, and modelling with practical insights from the field.
Episodes
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Stop Showing Your Work: How to Speak Like a Senior Economist
Are you tired of losing your audience's attention during technical briefings? In this episode, we break down the essential communication skills every economist needs to move from "technical accuracy" to "communication usefulness".We explore why your audience often needs a decision-useful message...
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High-Impact Webinar Strategy for Analysts
This episode explores the following key themes and strategies: Shifting from Reports to Narratives: The discussion emphasizes that webinars for analysts should not be mere "report readings" but structured stories designed to influence decisions and client engagement. Strategic Planning: It covers...
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CBA vs. CEA: The Economic Evaluation Tools Shaping Government Decisions
Learn the different economic evaluation methods used to ensure efficient resource allocation. We explore when to use Cost-Benefit Analysis (CBA)—which converts all benefits into dollar values—and Cost-Effectiveness Analysis (CEA)—which calculates outcomes like ‘lives saved’ per dollar spent....
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The Subjective Assumptions Shaping CGE Models and Australian Economic Policy
Computable General Equilibrium (CGE) modelling is a central element of economic and policy debate in Australia, used for decisions ranging from tax reform to the approval of major projects. This report takes a deep dive into the surprising, little-known theoretical and design assumptions that...
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Treasury Modelling Secrets: Macro Forecasts, Tax Policy & CGE/OLG Models
Discover the complex economic models shaping fiscal advice at The Treasury. This review explores the critical recommendation to move away from the current 3-phase forecasting approach and embed a new, high-priority macro-econometric model for projections that must span greatly varying time...
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DSGE Models: Crisis, Financial Frictions, and the Future of Macro Policy
Dynamic Stochastic General Equilibrium (DSGE) models are the leading, transparent tool for macroeconomic policy assessment. Discover why these models failed to predict the 2008 financial crisis, and how economists are now fundamentally improving them by incorporating crucial elements like…
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Australia's Economic Race: Capacity Constraints, Inflation Targets, and the Path Off the Rail | RBA Outlook
Delve into the Australian economic outlook with insights derived from the speech of Andrew Hauser, Deputy Governor of the Reserve Bank of Australia (RBA). This episode explores the "unusual challenge" facing monetary policy, noting that the GDP recovery began with the highest level of capacity...
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RBA Rate Hold (3.60%): Australia's Persistent Inflation and Capacity Pressures | Nov 2025 SMP
In this episode of Inside's Economist's Mind, we break down the Reserve Bank of Australia’s (RBA) decision in November 2025 to leave the cash rate target unchanged at 3.60 per cent. Drawing on the latest Statement on Monetary Policy, we analyze the surprising strength of the September quarter...
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Critical Minerals War: US & Australia Challenge China's 'Iron Grip' on Rare Earths Supply Chains
In this episode of "Inside the economist's mind," we dissect the historic United States–Australia Critical Minerals Framework, a strategic partnership signed by Anthony Albanese and Donald Trump designed to challenge China’s near-complete hold, or "iron grip," over the essential materials…
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The Barossa Billions: Methane Cover-Up, Zero Royalties, and Australia's Looming Gas Export Crisis
This episode dives into the massive, yet highly controversial, Barossa offshore gas project, operated by Santos. Approved amidst an election campaign focused on gas exports, Barossa is one of the most polluting new gas projects under development in Australia. We explore the dual controversies...
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Australia's Green Hydrogen Collapse: Why High Costs and Uncertain Demand Grounded Major Projects
Australia's green hydrogen transition faces severe setbacks due to high production costs, currently AUD 5−6 per kilogram, which developers cite as making the technology unviable. This cost hurdle, combined with the "chicken-and-egg problem" of uncertain market demand, has led to the cancellation…
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The $60 Billion Gold Surge: Why LNG is Ceding Its Place as Australia’s Second Largest Export?
Welcome to Inside the Economist's Mind. In this episode, we deep dive into the Resources and Energy Quarterly (REQ) September 2025 report. We analyze the dramatic shifts reshaping Australia's export landscape. The overall forecast projects that Australian resource and energy export earnings will...
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Understanding Australian Petrol Prices: Costs, Taxes & Competition Explained
Discover how Australian petrol pump prices are determined by key factors, including international product costs (like the Singapore MOPS95 benchmark), government taxes (excise and GST), and industry operating expenses. Learn about the impact of supply chain logistics, local market competition…
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The World Ahead 2025
"The World Ahead" is an **annual predictive publication** from The Economist, released every November. It serves as a **forward-looking guide**, offering in-depth analysis, forecasts, and informed speculation across a wide spectrum of global affairs for the upcoming year. The Transformative…
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ATO Behavioral Questions & STAR Responses- Career Conversations
Welcome to Inside’s Economists Mind—a podcast where economic thinking meets real-world impact. You’re listening to our Career Conversations series, where we explore the journeys, challenges, and strategies that shape the careers of economists in Australia. Today’s episode is all about mastering...
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Australia's Q1 2025 GDP Preview: Private Sector Strength
In this episode, we dive into NAB Economics' preview of Australia's Q1 2025 GDP, which forecasts a 0.5% quarter-on-quarter rise. The growth is expected to be led by private sector momentum, particularly through business and dwelling investment, even as consumer spending shows signs of cooling....
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Australia's Population Slowdown and Economic Impacts
Key points: Population growth peaked just above 2.5%yr in Q3 2023 due to a surge following the reopening of international borders, driven by the return of students and arrival of approved permanent residents who were delayed by the pandemic. Similar patterns of population growth surges and...
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Australia & New Zealand Weekly Economic Insight
Australia's population growth surge following the reopening of international borders is now unwinding faster than previously indicated, reaching an annual rate of 1.8% in Q3 2024 and is now assumed to be 1.7% for calendar year 2024 by both Westpac and the RBA. This slowdown is expected to…
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Building Momentum: Australia’s Q1 Construction Surges in Housing and Renewables
In this episode, we unpack Westpac IQ’s latest report on Australia’s construction sector for Q1 2025. With overall activity holding steady and a 3.5% year-over-year growth, residential construction is leading the charge. We also explore the evolving landscape of engineering construction, where...
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Tariff Tensions: Trump's EU Threat and the Trade War Tightrope
In this episode, we dive into the rising tensions between the US and the European Union as former President Trump threatens a sweeping 50% tariff on EU goods. Drawing from ING Think’s latest economic analysis, we explore the EU’s counteroffers, the strategic sectors at stake, and what a…
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RBA Cuts & RBNZ Waits: Inflation, Budgets & Global Moves
This week on *Westpac’s Australia & New Zealand Weekly*, we unpack the Reserve Bank of Australia’s latest rate cut and what it signals about inflation and domestic demand. We also analyze New Zealand’s newly released Budget and the potential path ahead for the Reserve Bank of New Zealand. With...
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Deindustrialization: Causes and Consequences
In this episode, we unpack Paul Krugman’s take on deindustrialization in America. Challenging the popular blame placed on globalization and trade deficits, Krugman argues that the decline in manufacturing is part of a broader economic evolution—not a crisis to be reversed. We explore his case for...
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Rates, Wages & the Gender Gap: Australia’s Economic Pulse
This episode features highlights from *Dollars and Cents* by The Australia Institute, diving into recent economic developments in Australia. We explore the Reserve Bank's latest interest rate cut, differing expert opinions on monetary policy, and the evolving definition of full employment. Plus…
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Australian Wage Price Index Methodology
In this episode, we take a closer look at the methodology behind the Australian Wage Price Index (WPI). Based on official guidance from the Australian Bureau of Statistics, we break down how wage data is collected, what’s included (and excluded), and how consistent job tracking and statistical...
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Cash Rate Down: How Global Tariffs Are Shaping Australia's Economy
In this episode, we unpack the Reserve Bank of Australia's May 2025 monetary policy statement. With domestic activity tracking as expected and inflation gradually easing, the RBA has now turned its attention to new global risks. Rising trade tensions, especially following the United States'…
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Why Attention to Detail Matters in Economics? Career Conversations Series
In this episode, we spotlight the critical role of attention to detail in the world of economics. Through real-world examples and STAR method scenarios, we illustrate how meticulous data analysis, careful model building, and precise communication lead to reliable and impactful outcomes. We also...
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Monthly Global Economic Update: May 2025
In this episode, we unpack ING’s latest global economic outlook for May 2025. From trade tensions and geopolitical uncertainty to shifting central bank policies, we explore why global markets are stagnating despite early-year momentum. We dive into the impact of US tariffs, revised growth…
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Adaptability- Behavioural Interview Questions- Career Conversations Series
In this episode of our *Career Conversation Series*, we dive into strategies for mastering behavioral interview questions—especially for aspiring economists. We explore the value of the STAR method (Situation, Task, Action, Result) as a clear framework for structuring impactful responses.…
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Effective Communication Strategies for Economists- Career Conversations Series
In this episode of Inside the Economist’s Mind, we delve into the art of effectively communicating intricate economic concepts to diverse audiences. Economists often grapple with the challenge of making complex ideas accessible and engaging. We explore key strategies to enhance clarity and...
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Analytical Skills for Economist- Career Conversations Series
In this episode, we delve into the vital role of analytical skills in the field of economics. Drawing from two insightful sources, we examine how economists can both showcase and sharpen their analytical thinking. Listeners will learn how to effectively respond to behavioral interview questions...
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Economist Conflict Resolution- Career Conversations series
In this episode, we explore why conflict resolution skills are essential for economists striving to excel in their careers. Drawing insights from two key sources, we break down seven critical areas—including emotional intelligence and effective communication—and show how mastering these skills...
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Maximize Team Collaboration in Economics with Diverse Skills-Career Conversations Series
In this episode of *Inside the Economist’s Mind*, we explore strategies for optimizing teamwork among economists with diverse skill sets. Effective collaboration is crucial in economic analysis, where combining varied expertise leads to more robust outcomes. We discuss the importance of clear…
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Prioritising Economic Analysis Under Tight Deadlines - Career Conversations Series
In this episode of Inside the Economist’s Mind, we delve into the art of managing tight deadlines in economic analysis. Facing pressing timelines is a common challenge for economists, and mastering time management is crucial for delivering impactful insights. We explore effective strategies to...
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Quarterly Energy Dynamics Q1 2025
Join us as we unpack the key developments in Australia's energy markets for Q1 2025. This episode offers a deep dive into the latest trends in the National Electricity Market (NEM) and the Wholesale Electricity Market (WEM), exploring shifts in energy demand and supply, the growing role of...
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Economics of Housing Supply: Concepts and Issues
In this episode, we dive into the nuanced economics of housing supply, challenging the common narrative that more new construction alone can solve housing affordability. Drawing on recent academic research, we explore why the existing housing stock plays a critical—yet often overlooked—role in…
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Time Series Analysis Basics and Decomposition
In this episode, we explore the fundamentals of time series analysis with insights from the Australian Bureau of Statistics. Learn the difference between stock and flow series, and how data collected over time is broken down into trend, seasonal, and irregular components. We’ll unpack why…
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A Guide to Cost-Benefit Analysis
In this episode, we dive into the Australian Government's latest guidance from the Office of Impact Analysis (OIA) on using cost-benefit analysis (CBA) to shape smarter, more accountable policy decisions. Discover the nine essential steps to conducting a robust CBA—from identifying policy options...
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Navigating Global Uncertainty: Economic Insights from the Westpac May 2025 Report
In this episode, we dive into Westpac's latest analysis of global and Australian economic trends as of May 2025. We unpack the impact of US tariff policies, global market volatility, and the varied economic outlooks across regions including Australia, China, the US, and Europe. Learn about key...
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Housing Finance on the Slide: Q1 2025 Lending Trends in Australia
In this episode, we unpack the key insights from the Australian Dwelling Finance Bulletin for Q1 2025, which reveals the first major drop in dwelling finance approvals in two years. We explore the sharp decline in owner-occupier loans—especially those tied to construction—and what this signals…
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Tariffs, Turbulence, and Trends: April 2025 Economic Insights
In this episode, we break down the April 2025 economic report from the New South Wales Treasury Corporation, focusing on the ripple effects of U.S. trade policies across global and Australian markets. Discover how tariff announcements sparked financial market volatility, drove down growth...
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Forecasting Jobs: How Leading Indicators Predict Unemployment"
In this episode, we explore new research on how leading labor market indicators—like job advertisements, vacancies, and consumer unemployment expectations—can improve forecasts of the unemployment rate. You'll hear how combining data sources such as ABS vacancies, ANZ-Indeed job ads, and...
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Crypto vs. Central Bank Digital Currencies: Digital Money and the Future of Finance
In this episode, we unpack the key differences between cryptocurrencies and Central Bank Digital Currencies (CBDCs). You'll learn how cryptocurrencies like Bitcoin operate on decentralized blockchains, why their values are so volatile, and the policy concerns they raise—from criminal use to...
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COVID-19 and the Australian Economy: From Shock to Recovery
In this episode, we explore the profound economic impacts of the COVID-19 pandemic on Australia from 2020 to 2021. We discuss how public health restrictions triggered a sharp downturn in GDP and employment, and examine the historic scale of government and Reserve Bank interventions to stabilize…
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The Global Financial Crisis: Causes, Collapse, and Lessons Learned
In this episode, we unpack the Global Financial Crisis of 2007–2009—how it began in the U.S. housing market and quickly rippled through the global financial system. We examine the key drivers, including excessive risk-taking, high leverage, and regulatory shortcomings, and trace the collapse that...
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How Banks Set Interest Rates: The Hidden Mechanics of Lending
In this episode, we explore how banks operate behind the scenes—specifically how they manage the balance between funding costs and lending rates. Discover how banks source their funds through deposits and debt securities, and what drives their funding costs, from the cash rate to broader monetary...
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Bonds & the Yield Curve: Decoding Market Signals
In this episode, we demystify bonds and the yield curve—two foundational concepts in financial markets. We explain what bonds are, how yields work, and why bond prices move inversely to yields. You'll also learn how the yield curve illustrates returns across different maturities and what its...
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Breaking Down the Balance of Payments: Tracking Australia's Global Transactions
In this episode, we dive into the balance of payments—an essential tool for understanding a country’s economic relationship with the rest of the world. Learn how it's structured into the current account and the capital and financial account, what each component measures, and how the double-entry...
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Understanding Exchange Rates: Australia's Global Currency Connections
In this episode, we unpack the fundamentals of exchange rates and why they matter for an open, trade-driven economy like Australia. We explore key concepts including bilateral exchange rates, cross rates, and the Trade-Weighted Index (TWI). You'll also learn about the different exchange rate...
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Exchange Rates Explained: Why the Dollar Matters to the Economy
Exchange rates do more than just affect your holiday budget—they shape the entire Australian economy. In this episode, we unpack how exchange rates function and why their movements matter. From influencing the prices of imports and exports to shaping inflation, employment, and economic growth,...
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Floating or Falling? What Moves the Australian Dollar
Ever wondered why the value of the Australian dollar rises and falls? In this episode, we dive into how Australia's floating exchange rate works and the key factors that drive it—from long-term influences like interest rate differentials, commodity prices, and trade balances, to short-term...
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ABOUT THIS SHOW
Inside the Economist’s Mind is a podcast that opens the door to how economists think, work, and solve real-world problems. Designed for economics students, early-career professionals, and curious minds, this show explores the logic behind big decisions—combining theory, data, and modelling with practical insights from the field.
HOSTED BY
Economic Insight
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Frequently Asked Questions
How many episodes does Inside the Economist’s Mind have?
Inside the Economist’s Mind currently has 61 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.
What is Inside the Economist’s Mind about?
Inside the Economist’s Mind is a podcast that opens the door to how economists think, work, and solve real-world problems. Designed for economics students, early-career professionals, and curious minds, this show explores the logic behind big decisions—combining theory, data, and modelling with...
How often does Inside the Economist’s Mind release new episodes?
Inside the Economist’s Mind has 61 episodes. Check the episode list to see recent publication dates and frequency.
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You can listen to Inside the Economist’s Mind on PodParley by clicking any episode. We provide an embedded audio player for direct listening, and you can also subscribe via your preferred podcast app using the RSS feed.
Who hosts Inside the Economist’s Mind?
Inside the Economist’s Mind is created and hosted by Economic Insight.
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