Positive and negative effects of China's devaluing of their currency. Created by Sal Khan.
This course is an introduction to the theory and application of large-scale dynamic programming. Topics include Markov decision processes, dynamic programming algorithms, simulation-based algorithms, theory and algorithms for value function approximation, and policy search methods. The course examines games and applications in areas such as dynamic resource allocation, finance and queueing networks.
This video segment, adapted from Decision in the Streets by civil rights filmmaker Harvey Richards, portrays the interracial protests that took place in San Francisco in 1963-64.
Foundations and philosophical applications of Bayesian decision theory, game theory and theory of collective choice. Why should degrees of belief be probabilities? Is it always rational to maximize expected utility? If so, why and what is its utility? What is a solution to a game? What does a game-theoretic solution concept such as Nash equilibrium say about how rational players will, or should, act in a game? How are the values and the actions of groups, institutions and societies related to the values and actions of the individuals that constitute them?
What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more on this week's Crash Course Econ. Deficit and debt are easy to misunderstand, but luckily, they're also pretty easy to understand. This week we'll explain what deficit and debt are, and talk about what the sources of deficit and debt are for the US Government. Also, we'll take a very special trip to Cliffordonia to try and understand these concepts and get a look at what a colonial-era space program might have looked like.
In this video, learn about the distinction between deficits and debts, as well as the pros and cons of deficits.
Explore the basics of deflation, including the definition of deflation, how the CPI changes when there is deflation, and why economists tend to be concerned when deflation occurs. Created by Sal Khan.
One of the biggest worries associated with deflation is a deflationary spiral, in which low unemployment and a decreasing price level leads to lower unemployment and an even lower price level. Created by Sal Khan.
How you can have deflation even if the money supply increases. Created by Sal Khan.
This is a 7 minute video that is part of the FED of St. Louis' Economic Lowdown series that explains the Law of Demand, the graph shape and what contributes to the changes in demand. This video will cover the standard EPF. 3(a)
Teachers may also find accompanying handouts at https://www.econlowdown.org/
The sixth podcast in this series examines the law of demand. Those who love candy bars will find this lesson especially easy to digest. A demand curve is simply defined, as are the sorts of changes that might affect that curve—all in less than seven minutes.
REMEMBERING:Pupil Remembers the concept of Demand and factors affecting demand.UNDERSTANDING:Pupils develops an Understanding of factors affecting demand.APPLYING:Pupils applies Remembering and Understanding in new and unfamiliar situation.EVALUATING:Pupils Evaluate various factors affecting Demand
REMEMBERING:Pupil Remembers the concept of Demand and factors affecting demand.UNDERSTANDING:Pupils develops an Understanding of factors affecting demand.APPLYING:Pupils applies Remembering and Understanding in new and unfamiliar situation.EVALUATING:Pupils Evaluate various factors affecting Demand
This resource is for anyone who wants to learn about the concept of demand and supply curves and their features as well as the concept of market equilibrium. It is designed to introduce the basic knowledge about the concepts, so it is more like an introduction to the field of microeconomics through learning the fundamental theory of demand and supply in the market.
To get a better intuition about how much a consumer values a good in a market, we think of demand as a marginal benefit curve. In this video we look at the demand curve from a marginal benefit framework. Created by Sal Khan.
Why do people hold wealth in the form of money, rather than in some other interest-earning asset? Learn about the demand for money in this video.
A real-world example of the concepts behind the AD-AS model is the inflation that the United States experienced in the late 1960s. In this video, we break down some of the events going on at the time and use the AD-AS model to see if our predictions using this model match what really happened. Created by Sal Khan.
Depreciation the truck spreads out the expense. Created by Sal Khan.
Depreciation a capital asset. Created by Sal Khan.
Straight-line, units-of-activity, double-declining balance depreciation methods activity.