More on the weaknesses of fractional reserve banking. The FDIC and deposit insurance and its side effects. Created by Sal Khan.
Summary of thoughts in last two videos. Discussion of why Fractional Reserve Banking is a subsidy to banks and allows them to arbitrage the yield curve. Created by Sal Khan.
The five key elements of a data citation are author, title, distributor, date, and persistent identifier. In this interactive lesson, students learn about creating good data citations.
The FYE 105: Financial Literacy Curriculum Unit was developed for use in a First-Year Experience course to provide students with an understanding of: the relationship between human capital development and potential income and the chances of staying employed; budgeting; credit cards; and credit rights and responsibilities. The curriculum was implemented in an urban community college FYE course and was successful. We provide the curriculum for others who may wish to use it in a similar course.
In this video, learn how to apply the analysis of factor markets to a sample problem.
Price changes the quantity supplied, but what might cause supply to increase even if price hasn't changed? In this video, we explore the determinants of supply: those factors that cause an entire supply curve to shift. Created by Sal Khan.
The second episode of our podcast series, The Economic Lowdown, discusses the building blocks of the economy, the factors of production.
Introdution into Economic thinking. Learn about the Factors of Production and Production Possibilities.
What factors impact demand and supply? This lesson gives an overview of different factors that impact demand and supply. There is also a practice assignment included at the end.
The Fair model web site includes a freely available United States macroeconomic econometric model and a multicounty econometric model. The models run on the Windows OS. Instructors can use the models to teach forecasting, run policy experiments, and evaluate historical episodes of macroeconomic behavior. The web site includes extensive documentation for both models. The simulation is for upper-division economics courses in macroeconomics or econometrics. The principle developer is Ray Fair at Yale University.
Difference between Historical Cost and Fair Value Accounting. Created by Sal Khan.
Oil prices affect the U.S. economy in many ways. For example, fluctuations in the price of oil can influence inflation, unemployment, and disposable income. Some local economies with close ties to the oil industry, however, are affected even more directly in both positive and negative ways. The May 2015 issue covers one recent example of the local impact of oil prices.
This activity teaches students how to formulate research questions and perform empirical analysis. Students analyse family budgets from late 19th-century industrial workers.
This handout accompanies the lesson "Farmworkers and the Union." A Spanish version is included.
Payday loans are convenient and provide FAST cash to cover emergency situations or help pay a borrower’s expenses from one paycheck to the next. But the fee-based structure of payday lending is quite different from a traditional loan, and laws vary among the states. The April 2019 edition of Page One Economics®: Focus on Finance takes a look at the structure and fees that make these loans costly.
A one-day strike by fast food workers in New York City is a teachable moment for students on the fast food industry and worker organizing. This lesson includes a brainstorm, small-group readings and discussion, and an opinion continuum activity to get students thinking about these issues.
"Father Christmas" by The Kinks is used in conjunction with Joel Waldfogel's article "The Deadweight Loss of Christmas" to examine the relative value of cash versus inkind gifts. This can then be extended to an analysis of various public policies.
Learn how monetary policy works by taking charge of a simulated economy or learn how the federal reserve influences the US economy through this boards monetary policy media center.
The 1913 Federal Reserve Act created the modern day Federal Reserve system. In this lecture we explain the basics of what the law did and how the Fed influences the economy. Perfect for APGOV students or anyone seeking an overview of US Monetary policy.
This 9 minute video will explain the role of banks in our economy. It will aid in the mastery of standard EPF. 6 and 12