Is public transportation a public good? How about national defense? Knowing the …
Is public transportation a public good? How about national defense? Knowing the characteristics of public goods will help you understand why private firms excel at producing private goods, but they have little incentive to produce public goods. Rather, if society wants public goods, government must produce them. This episode of The Economic Lowdown defines the characteristics of private and public goods and explains why these characteristics help determine who is best positioned to produce each.
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.
This video is 4 minutes long and will cover standard EPF.3 (a). …
This video is 4 minutes long and will cover standard EPF.3 (a). Student will be able to identify the parts of a supply curve and what causes the shift in the curve.
All of the videos that are part of the FED of St. Louis Economic Lowdown series have an accompanying teacher portal with handouts to accompany each video:
To provide students with online questions following this video, register your class through the Econ Lowdown Teacher Portal at https://www.econlowdown.org/
Supply and demand are among the most fundamental concepts in economics. An …
Supply and demand are among the most fundamental concepts in economics. An understanding of these topics helps students better understand the economic world in which they live. This course includes three interactive lessons that introduce supply, demand and market equilibrium. This course uses a fictitious chocolate market to help explain the concepts.
The study of economics is built on the foundation of three very …
The study of economics is built on the foundation of three very important concepts: scarcity, choice, and opportunity cost. In this episode of the Economic Lowdown video series, economic education Coordinator Scott Wolla uses these three concepts to explain why there is no such thing as a free lunch.
In this video (7 minutes long) student will learn what unemployment is, …
In this video (7 minutes long) student will learn what unemployment is, how it is measured and the different types of employment that exist. This video will help with mastery of standard EPF. 5(b) and review of standards EPF. 2(g).
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