In this lesson, students read about incidences of racial discrimination and how …
In this lesson, students read about incidences of racial discrimination and how those incidences were met with methods of protests. They engage in an activity that matches programs for low-income people with the type of economic inequity the program addresses and observe an activity simulating tax payments and transfers.
The interaction of SRAS and AD determine national income. We can compare …
The interaction of SRAS and AD determine national income. We can compare that national income to the full employment national income to determine the current phase of the business cycle. An economy is said to be in long-run equilibrium if the short-run equilibrium output is equal to the full employment output.
How do we know how many people are unemployed? Why are they …
How do we know how many people are unemployed? Why are they unemployed? What can be done to get people back to work? Students get the answers to these and other questions in The Story of Unemployment, including why education might be the best way to avoid unemployment in their futures.
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.
The fifth episode covers the basics of unemployment—how it is defined, how …
The fifth episode covers the basics of unemployment—how it is defined, how it is measured, and how it is categorized into three types. A "gameshow" quiz winds up the nine-minute lesson.
The unemployment rate always seems to be in the news, but did …
The unemployment rate always seems to be in the news, but did you know there are different kinds of unemployment? There is the natural rate of unemployment; cyclical, frictional, and structural unemployment; plus underemployment. Read the October 2013 issue to learn the differences.
Economists have long been interested in the causes of the business cycle. …
Economists have long been interested in the causes of the business cycle. In this video we define the business cycle, discuss potential reasons it exists, and explore how it may be driven by emotion. Created by Sal Khan.
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