The study of economics is built on the foundation of three very …
The study of economics is built on the foundation of three very important concepts: scarcity, choice, and opportunity cost. In this episode of the Economic Lowdown video series, economic education Coordinator Scott Wolla uses these three concepts to explain why there is no such thing as a free lunch.
U.S. taxpayers expect the government to be a careful steward of taxpayer …
U.S. taxpayers expect the government to be a careful steward of taxpayer money. The October 2017 issue of Page One Economics: Focus on Finance explains how the Treasury Offset Program recovers taxpayer money from people who have received government benefits in error or by fraud and also recovers delinquent child support.
Understanding Bonds is the fourth video in the Federal Reserve Bank of …
Understanding Bonds is the fourth video in the Federal Reserve Bank of St. Louis series, "No-Frills Money Skills." The video host employs high-tech tools to foil Miss Information in her attempts to misguide investors. The video provides viewers with information about government bonds, corporate bonds, coupon and non-coupon bonds, and the potential risk and return of investments.
Understanding Car Insurance: Paving the Way is the seventh video in the …
Understanding Car Insurance: Paving the Way is the seventh video in the Federal Reserve Bank of St. Louis series, "No-Frills Money Skills." This episode uses a radio talk show format to explain various aspects of car insurance. From the responses to questions from callers, students learn several key concepts and terms related to car insurance. The content for these videos was reviewed by members of the Missouri Insurance Education Foundation.
Episode 1 of the Continuing Feducation Video Series, Understanding How a FICO …
Episode 1 of the Continuing Feducation Video Series, Understanding How a FICO Credit Score is Determined, provides a short overview of credit scores—how they are determined and why they are important.
In the second episode of the No-Frills Money Skills video series, students …
In the second episode of the No-Frills Money Skills video series, students learn that it is important to save for college, cars, retirement, and the unexpected. The video also explains the difference between a 401(k) and a Roth 401(k).
Most of us use credit cards, and many of us have credit …
Most of us use credit cards, and many of us have credit card debt. Economists and personal finance gurus disagree on the best strategies for paying off that debt across multiple credit cards. Check out our February 2023 issue of Page One Economics®: Focus on Finance to see why.
Getting excited about saving for the future can be hard. We are …
Getting excited about saving for the future can be hard. We are not as emotionally tied to the future as we are to the present. In this Page One Economics®: Focus on Finance, we look at the psychological forces of delayed gratification and self-control, which help us work toward the future benefits of saving money.
With prices of new vehicles at all-time highs, many buyers are looking …
With prices of new vehicles at all-time highs, many buyers are looking for used vehicles. It can be challenging, though, to figure out what is or isn't a good deal. The September 2016 issue of Page One Economics explains why asymmetric information makes it difficult for used-car buyers to avoid "lemons" and why lemons are a larger problem for the used-car market.
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