This is an example of how a podcast series can be combined with other freely available resources to enhance the user experience and offer additional support to non-native speakers and those from other subject areas. The resource offers links to the audio of eight conversations and transcripts of these, as well as material to support the learning and understanding of the vocabulary involved.
All the material is being made available under the Creative Commons BY-NC-SA licence.![]()
The Credit Crunch and Global Recession
About the series: A podcast series (eight talks) about the credit crunch and global recession featuring Oxford academics. This series examines how the current crisis developed, analyses market and government responses to it, and looks at what might happen next.
Participants:- Dr. Linda Yueh, Fellow in Economics, University of Oxford.
- Prof. Jonathan Michie, Professor of Innovation and Knowledge Exchange,
Director of the Department for Continuing Education, University of Oxford.
- Martin Slater, Fellow and Tutor in Economics, St Edmund Hall, University
of Oxford.
- Dr. Outi Aarnio, College Lecturer in Economics, Lincoln College
and St. Edmund Hall, University of Oxford.
- Prof. John Knight, Professor of Economics, University of Oxford.
Content: Eight talks, available as audio recordings (download or listen online) and transcripts (on website or as .pdf files). Vocabulary lists with links to sample sentences, frequent word combinations, online dictionary and explanations of concepts (Wikipedia).
Each talk is presented in some more detail on a separate page together with transcripts and vocabulary lists.
| Title | Description | Audio | Transcript | Words |
| More information about each podcast is found by clicking on the title. Click on the 'audio' link to play the recording. To see a transcript of the audio, choose 'pdf' or 'plain text'. A list of all the words in the text is found by following the 'list' link. The 'vocabulary' page contains information about selected words in the texts. | ||||
| 1. Global Recession: How Did it Happen? | Linda Yueh talks to Jonathan Michie about the credit crunch and looming global recession, the effect it has had on both banks and businesses, and how a Green New Deal may provide a solution to the crisis. | audio | ||
| 2. Bank Bail-outs and Obama's Green New Deal | In this second podcast, Linda Yueh and Jonathan Michie discuss President Obama's Green New Deal, banking bail-outs, quantitative easing and whether we can spend our way out of the economic crisis. | audio | vocabulary page | |
| 3. Credit Crunch Live | Economics students of St Edmund Hall, University of Oxford pose questions to a panel of experts about the credit crunch and global recession. | audio | vocabulary page | |
| 4. G20: Solutions to Global Depression? | In this fourth podcast Linda Yueh and Jonathan Michie discuss the G20 debates over co-ordinated fiscal expansion, global regulation, and the role of the IMF. | audio | vocabulary page | |
| 5. UK Budget and Global Recovery Plans | In Part 5, our experts examine the British economy in light of the recent Budget, and assess whether a global recovery may be on the horizon. | audio | vocabulary page | |
| 6. Challenging Macroeconomics | In Part 6, our experts examine new models for monetary and fiscal policy, global financial markets and a world economy characterised by global imbalances. | audio | vocabulary page | |
| 7. Bank bonuses, breakups and regulation | In this session, the experts discuss bank bonuses, proposed break-ups and tighter regulation of the banking and financial sectors. | audio | vocabulary page | |
| 8. Taming the Casino Banks | In this podcast the experts discuss whether the 'casino' banks that are considered too big to fail are simply too big, and explain the arguments for and against splitting them up. | audio | vocabulary page | |



