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Does more energy use raise incomes?
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While moving up the income ladder is generally accompanied by increased energy use, there are significant variations within income groups. Factors such as the economy's structure, geography, climate, lifestyle, public policy, and consumer attitudes also influence how effectively energy use translates into income.

Subject:
Applied Science
Career and Technical Education
Economics
Environmental Studies
Social Science
Material Type:
Case Study
Diagram/Illustration
Reading
Provider:
Boston University
Provider Set:
Boston University Institute for Global Sustainability
Date Added:
10/17/2022
A Dollar's Worth: Inflation Is Real
Read the Fine Print
Educational Use
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Understanding the reality of inflation can help consumers make decisions in personal finance. Learn more about inflation, how it’s measured, and how the inflation rate is calculated in the December 2021 issue of Page One Economics: Focus on Finance.

Subject:
Business and Communication
Economics
Finance
Social Science
Material Type:
Lesson
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Page One Economics
Author:
Jeannette N. Bennett
Date Added:
12/01/2021
Driving Across Town for Cheaper Gas -- A Cost/Benefit Analysis
Conditional Remix & Share Permitted
CC BY-NC-SA
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Spreadsheets Across the Curriculum module. Students build a spreadsheet to explore the trade-offs between "bargain-priced" gas vs. the extra mileage needed to get it. A modeling problem.

Subject:
Economics
Social Science
Material Type:
Activity/Lab
Provider:
Science Education Resource Center (SERC) at Carleton College
Provider Set:
Pedagogy in Action
Author:
Gary Franchy
Date Added:
11/06/2014
Drought Basics
Read the Fine Print
Educational Use
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This PBS Learning Media activity addresses drought basics, including its causes and impacts and ways to assess it, by using media from NOAA and NASA. It defines the types of drought, the impacts, monitoring, and responses to drought. Use this resource to stimulate thinking and questions on the complexity of drought and to identify some variables used in defining drought.

Subject:
Applied Science
Atmospheric Science
Career and Technical Education
Economics
Environmental Science
Environmental Studies
Physical Science
Social Science
Material Type:
Reading
Simulation
Provider:
CLEAN: Climate Literacy and Energy Awareness Network
Provider Set:
CLEAN: Climate Literacy and Energy Awareness Network
Author:
PBS
WGBH Educational Foundation
Date Added:
03/02/2020
Dynamic Integrated Climate Change Model (DICE)
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CC BY-NC-SA
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The Dynamic Integrated Climate Change (DICE) model assumes a single world producer must chose levels for three simultaneously determined variables: current consumption, investment, and greenhouse gases reduction. The model is freely available in both a GAMS and Excel version. DICE allows both science and economics instructors to integrate a sophisticated economic model of climate change into their courses. The simulation is for upper-division courses where students have some background in microeconomics. The principle developer is William Nordhaus at Yale University.

Subject:
Economics
Social Science
Material Type:
Activity/Lab
Simulation
Teaching/Learning Strategy
Provider:
Science Education Resource Center (SERC) at Carleton College
Provider Set:
Starting Point (SERC)
Author:
Betty J. Blecha
Date Added:
08/28/2012
Dynamic Optimization & Economic Applications (Recursive Methods)
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CC BY-NC-SA
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The unifying theme of this course is best captured by the title of our main reference book: “Recursive Methods in Economic Dynamics”. We start by covering deterministic and stochastic dynamic optimization using dynamic programming analysis. We then study the properties of the resulting dynamic systems. Finally, we will go over a recursive method for repeated games that has proven useful in contract theory and macroeconomics. We shall stress applications and examples of all these techniques throughout the course.

Subject:
Applied Science
Economics
Engineering
Social Science
Material Type:
Full Course
Provider Set:
MIT OpenCourseWare
Author:
Werning, Iván
Date Added:
02/01/2003
Dynamic Optimization Methods with Applications
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CC BY-NC-SA
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This course focuses on dynamic optimization methods, both in discrete and in continuous time. We approach these problems from a dynamic programming and optimal control perspective. We also study the dynamic systems that come from the solutions to these problems. The course will illustrate how these techniques are useful in various applications, drawing on many economic examples. However, the focus will remain on gaining a general command of the tools so that they can be applied later in other classes.

Subject:
Applied Science
Economics
Engineering
Mathematics
Social Science
Material Type:
Full Course
Provider Set:
MIT OpenCourseWare
Author:
Lorenzoni, Guido
Date Added:
09/01/2009
EBITDA
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CC BY-NC-SA
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Review of Enterprise Value and comparing it to EBITDA. Created by Sal Khan.

Subject:
Economics
Social Science
Material Type:
Lesson
Provider:
Khan Academy
Provider Set:
Khan Academy
Author:
Sal Khan
Date Added:
07/27/2021
EC 201 - Introduction to Microeconomics
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CC BY
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This course introduces the theory of relative prices in a market system, consumer choice, marginal analysis, and the allocation of productive resources among alternative uses in a market economy. Other topics may include market power and price discrimination, public finance, the labor market and environmental policy.

Course Outcomes:
1. Discuss the role scarcity plays in defining economic choices and how individuals, companies and nations resolve these issues.
2. Describe and apply marginal principle, principle of opportunity cost, principle of diminishing returns, comparative advantage, and elasticity.
3. Analyze the relationships between production costs and cost curves.
4. Explain the mechanics of supply and demand and apply the supply and demand model to evaluate markets.
5. Discuss the efficiency and equity of both competitive and noncompetitive markets and how both are impacted by government intervention.
6. Explain, compare and contrast, and apply in context each of the basic market structures - i.e. perfect competition, monopoly, oligopoly and monopolistic competition.

Subject:
Economics
Social Science
Material Type:
Full Course
Provider:
Linn-Benton Community College
Author:
Linn Benton Virtual College
Date Added:
07/09/2020
EC 202 - Introduction to Macroeconomics
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CC BY
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This course introduces the determination of levels of national income, employment and prices, and the basic causes of fluctuations in the business cycle, the banking system, monetary policy and financial intermediation. Other topics may include international trade and international finance.

Course Outcomes:
1. Discuss the role scarcity plays in defining economic choices and how individuals, companies and nations resolve these issues.
2. Describe and use economic data to evaluate the three basic macroeconomic problems: recession, unemployment, and inflation.
3. Discuss and apply the concepts of economic growth and business cycles to the macro economy.
4. Demonstrate how Gross Domestic Product (GDP) and Real GDP are calculated and explain the uses and limits of both.
5. Discuss and apply the aggregate-demand and aggregate-supply model to analyze short run and long run national economic conditions and the effectiveness of macroeconomic policy.
6. Apply the concepts of comparative and absolute advantage to explain the benefits of trade.

Subject:
Economics
Social Science
Material Type:
Full Course
Provider:
Linn-Benton Community College
Author:
Linn Benton Virtual College
Date Added:
07/09/2020
ECN110 Economics of Sports
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CC BY-NC
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Application of economic theories to various aspects of professional and collegiate sports. Topics covered include the economic impact of sports on a local community, wage discrimination, the economics of publicly and privately funded stadiums, alumni giving, academics, broadcasting, and building a fan base.

Subject:
Business and Communication
Economics
Material Type:
Full Course
Author:
Micah Weedman
Edmund Bushman
Date Added:
05/09/2023
ECN 211: Principles of Macroeconomics
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CC BY-NC
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Covers the study of the economic system as a whole, including the level of employment and diversity in income, fiscal and monetary policies, and the role of government in the economy. Also covers the economics of resource issues related to market failure and sustainability.

Subject:
Economics
Social Science
Material Type:
Full Course
Provider:
Northland Pioneer College
Author:
Jennifer Bishop
Date Added:
06/17/2022
ECN 212: Principles of Microeconomics
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CC BY-NC
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Covers the study of economic elements of supply and demand analysis. Also covers an examination of market structures, market allocation and externalities, labor markets and income distribution, and decision making by the individual firm.

Subject:
Economics
Social Science
Material Type:
Full Course
Author:
Jennifer Bishop
Date Added:
06/27/2022
ECO-CIRCLE COMPETENCE FRAMEWORK
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Public Domain
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In our european project “Circular Economy as a tool to develop an innovative eco-inclusive social entrepreneurship educational pattern for youth" cofunded by Erasmus+, the partnership developed a competency framework and report combining data and information from 6 partner countries, designed to inform Young people and Youth workers interested in Social Entrepreneurship through Circular Economy, including 7 key competences to embark on a Social Entrepreneurship endeavour through Circular Economy models.

All languages versions are available and downloable here: https://ecocircleproject.com/results/

We are now developping a course on circular economy that you will find very soon online!

The partnership is composed by:
- CDE Petra Patrimonia
- APS Polygonal
- Smartup N.B. Systematic Management S.L.
- MEUSkills
- Stichting Social DNA
- Olemisen Balanssia RY
- Mednarodni institut za implementacijo trajnostnega razvoja

Subject:
Economics
Social Science
Material Type:
Textbook
Author:
Partners of Eco-circle project
Date Added:
03/08/2023
ECON101: Principles of Microeconomics
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CC BY
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This course will provide you with a basic understanding of the principles of microeconomics. At its core, the study of economics deals with the choices and decisions we make to manage the scarce resources available to us. Microeconomics is the branch of economics that pertains to decisions made at the individual level, such as the choices individual consumers and companies make after evaluating resources, costs, and tradeoffs.

Subject:
Economics
Social Science
Material Type:
Full Course
Author:
Saylor Academy
Date Added:
12/25/2021
ECON201: Intermediate Microeconomics
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CC BY
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This course is designed to extend your knowledge of the basic microeconomic principles that will provide the foundation for your future work in economics and give you insight into how economic models can help us think about important real-world phenomena. Topics include the interaction of supply and demand, utility and profit maximization, elasticity, perfect competition, monopoly power, imperfect competition, and game theory.

Subject:
Economics
Social Science
Material Type:
Full Course
Author:
Saylor Academy
Date Added:
12/25/2021
ECON 2301
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CC BY
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Macroeconomics examines the fundamentals of the American economy as it relates to social welfare. Emphasis is on basic economic concepts and theories as they affect domestic and international markets. This course integrates behavioral social sciences to present solutions to real-world problems. Macroeconomics includes measurements of GDP, fiscal and monetary policy. Textbook

The book for this course is Macroeconomics OpenStax which was created by Rice University.

Videos

Images for videos come from the following sources with voice over from Professor Richard Gosselin at Houston Community College who is solely responsible for their content. There are 179 videos for the macroeconomics course with an average run time of about five minutes each. They were produced using three sources - desktop screen capturing via Screenflow which is a product of Telestream, as well as One Button Studio and the Learning Glass for live in-person mini-lectures filmed in a studio. Nearly all the video have been closed-captioned for the hearing impaired using professionals rather than automation. There are also downloadable transcripts embedded for each video and a download feature for users. Houston Community College footed the expense of the closed-captioning service. I would like to thank the college administration as well as Ruben Duran, Senior Media Developer at the college for assisting with this.

OpenStax Macroeconomics, Second Edition

Principles of Economics is adapted from a work produced and distributed under a Creative Commons license

(CC BY-NC-SA) in 2011 by a publisher who has requested that they and the original author not receive attribution. This adapted edition is produced by the University of Minnesota Libraries Publishing through the eLearning Support Initiative. This adaptation has reformatted the original text and replaced some images and figures to make the resulting whole more shareable. This adaptation has not significantly altered or updated the original 2011 text. This work is made available under the terms of a Creative Commons Attribution-NonCommercial-ShareAlike license.

Test Bank

The original test bank provided by Open Stax provided 1158 questions, 955 were multiple choice and 203 were short answer questions. Under this grant there were no additional short answer questions added however, there are now 1418 questions in the new test bank which is the result of adding 260 questions of the following variety - multiple choice, fill in the blank, numerical questions, multiple drop-down questions, multiple-response questions, matching and formula questions which present each student with different values and parameters. Images in the test bank, unless otherwise noted are licensed under the Creative Commons and most are the product of unknown authors.

Review PowerPoint Slides

These were provided by Intellus Learning Open Courses

This work is licensed under a Creative Commons Attribution 4.0 International (Links to an external site.)Links to an external site. License. The material for these slides and the image come directly from Macroeconomics OpenStax, Second edition.

Discussion Questions

These were authored by Richard Gosselin at Houston Community College and are licensed under the Creative Commons. There are over 70 discussion questions available.

Flash Card Powered by Quizlet

These were authored by Richard Gosselin with a couple of exceptions. They are based on the terms in Macroeconomics, Second edition. They are also licensed under the Creative Commons and are freely distributable. There are 21 such quizzes, one for each chapter.

Excel Exercises and Videos

26 Excel assignments were created including practice assignments and videos to assist students with basic features of Excel which help them create a file, save data, sort data, create tables, line graphs, bar graphs and pie chart and much more.

Subject:
Economics
Social Science
Material Type:
Full Course
Date Added:
05/31/2019
ECONOMICS FOR ALL GRADE 11 - THE CIRCULAR FLOW
Unrestricted Use
CC BY
Rating
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This is an Economics Grade 11 e-learning course that will be only focused on one module: the circular flow. Learners are expected to bring their prior grade 9 and 10 knowledge on the circular flow as it will be needed for grade 11 knowledge building. On this particular module, learners will be required to:Define the concept 'circular flow'Compare open and closed economyGive examples of participants that fall in either open or closed economyDifferent between factors market and product market

Subject:
Economics
Material Type:
Activity/Lab
Assessment
Case Study
Full Course
Homework/Assignment
Reading
Author:
Hlengiwe SENOSI
Date Added:
10/25/2021
ECONOMIC SYSTEMS
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CC BY-ND
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In this Module, Students will learn the basis and differences between Social Economic Systems. They wil be to argues their point of view and whatsmore, give an essay opinion about the topic.Throught differents activities and material, student should create constructs of the topic and stablish a new knowledge. It is important to clarify any doubt before starting the activities.Ask your professor about any gap you may find in the way.

Subject:
Economics
Material Type:
Module
Author:
Luis Jimenez
Date Added:
09/14/2017