Economic growth is an expansion of the capacity to produce, not just a temporary fluctuation in GDP. In this video, learn about the definition of economic growth and how growth occurs.

Not everyone who isn't working is considered unemployed. Learn how the official rate of unemployment is calculated in this video, and learn what it means to be officially unemployed. Created by Sal Khan.

How a central bank could use foreign currency reserves to keep its own currency from devaluing. Created by Sal Khan.

In this video, we learn how a nation's GDP can be calculated by summing up the value added by all the intermediate producers in a nation in a method called the value added approach.

In 2011, federal government spending significantly outweighed revenue. While the federal government spent $3.8 trillion, it collected only $2.2 trillion from various taxes, licenses, and fees. In this video, Professor Antony Davies of Duquesne University explores what the federal government is spending money on and what can be cut to balance the budget.

The national debt is so big that it's often hard to comprehend. In this video, Professor Antony Davies of Duquesne University presents the government’s fiscal situation scaled down to the level of an average household to help students understand the national debt.

There are many types of financial assets, but one of the most well-known are stocks. In this video, learn what it means when you buy a stock or share in a company and how stocks are valued. Created by Sal Khan.

To illustrate what the functions of money are, it can help to look at circumstances where those functions break down. Hyperinflation, in which prices of things increase really really fast, is one such example. Created by Grant Sanderson.

In a previous lesson we learned that there is the potential for two countries to gain from trade. But it is also possible that there might not be the potential to gain from trade. In this video, we explore the circumstance that would lead to there being no gains from trade.

Intuition behind why the current account and capital account should balance. Created by Sal Khan.

Many have suggested raising taxes on the richest Americans to help offset pay off the national debt. In this video, Professor Antony Davies of Duquesne University uses data to assess how much of a difference taxing the rich would make.

Unexpected inflation or deflation takes wealth away from one group and gives it to another group. This video talks about the winners and losers from inflation and deflation.

This is a zero textbook cost syllabus for teaching macroeconomic theory at the 200 level at a community college. It is designed for a one semester course, using a creative commons textbook and a variety of open source podcasts, newspaper articles, and other materials available to CUNY students.

This video discusses how economists measure the total factor productivity, capital, and human capital for an aggregate production function.

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.