Exploring economics: the secret life of t-shirts
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Discover the hidden world of t-shirt production with this free course. Explore the economics behind the process, from resources to markets, and learn how to analyze data to understand the true value of your t-shirt. Gain insights into supply chains and unravel the meaning behind the ‘made in…’ tag.
This free course, Exploring economics: the secret life of t-shirts, aims to describe what goes into making and selling t-shirts. Which resources, which markets, who is involved, the income people get, the income and value they create are all discussed.
You will explore these questions at different stages of the production of a t-shirt, and you’ll use concepts from economics such as ‘supply chains’ or ‘value added’ to answer them. The course will be described using data. You should think about key
Numbers and data which help constructing evidence of how a t-shirt is produced, from raw cotton to our wardrobe.
Course learning outcomes
After studying this course, you should be able to:
Define a supply chain and understand how different stages of the t-shirt production chain can be organised differently
Engage with different data sources and their objectives
Read into data to tell an economic story
Evaluate what the ‘made in…’ tag on your t-shirt really means.
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