Take a 10-minute guided tour of FRED, the St. Louis Fed's free economic data website. Simple step-by-step activities equip users to find and graph economic data, mastering FRED's look and feel. The guide also shows how to customize, save, and share a FRED graph.
Midterm examination for a class at MIT covering game theory and its applications to economics. The one-hour-and-twenty-minute open book examination asks open ended theoretical questions. The exam contains questions and solutions.
This assignment connects openstax Principles of Macroeconomics content to the COVID-19 pandemic, subsequent economic slowdown, and fiscal policy actions.
Diese Mini Lecture untersucht die Beziehungen von Arbeitsproduktivität und Niedriglohnsektor mit O-Tönen von Christopher Pissarides, Peter Diamond, Robert Solow und James Mirrlees.
The toolkit addresses research data management, a topic that is a burden for many in the research routine. However, there is a lot in it for researchers, if they document, backup, and eventually share their research data. It can get cited and will influence their metrics. Also, many journals and third party funders require the publication of research data – for the sake of transparency, quality control and synergy effects in research. In this toolkit, researchers can find materials and information on managing their own data – but also search portals, in which they can find high quality research data themselves.
Being active in social media, like in Twitter and Blogs, is one way to reach a larger audience and to enhance a researcher’s impact. Other researchers will learn about their findings through these additional channels and in addition the public, policy makers, and the press. The toolkit shows several ways of how to get in touch with other researchers and discuss findings at an early stage in research networks, conferences, and in social media. It presents open tools for co-writing, online meetings, reference- and project management.
The aim of this toolkit is to support early career researchers in finding a journal that publishes their paper and optimally promotes the visibility of their research. How can they find a journal with a good journal ranking score that is perceived in the respective research community? How can they find a journal that perfectly matches their topic? Should they consider publishing open access? What are predatory journals and how can they detect them?
Students work in groups to examine excerpts from primary source documents. They identify social and economic factors affecting specific categories of people when the Great Migration accelerated in 1916 to 1917: black migrant workers from the South, southern planters, southern small-farm farmers, northern industrialists, agents, and white immigrant workers in the North. Each student group creates a "perspectives page" to post for a gallery walk where students analyze the causes of the Great Migration and the changes it brought to both the North and South. Students also discuss the specific economic factors that influenced the Great Migration: scarcity, supply, demand, surplus, shortage, and opportunity cost. Using the PACED decisionmaking model, they analyze the alternatives and criteria of potential migrants.
Help students grasp accounting basics, the language of business, by playing Cribbingo.
A rational agent considers both accounting profit and economic profit. In this video, see an example highlighting the difference between accounting profit and economic profit from a business and a discussion of explicit and implicit costs of operating a business.
This groundbreaking NRDC documentary explores the startling phenomenon of ocean acidification, which may challenge marine life on a scale not seen for tens of millions of years. The film, featuring Sigourney Weaver, originally aired on Discovery Planet Green. A related curriculum kit is available at: http://www.nrdc.org/oceans/acidification/files/labkit.pdf
In this video we explore how to derive the demand for a factor of production based on how productive that factor is and how much additional revenue that factor brings in. Created by Sal Khan.
Explore the mechanics of adjustable rate mortgages (ARM) in this video, including how they work and in what situation an ARM might be advantageous and when it might work against you.
Energy policy is typically evolutionary as opposed to revolutionary. We can look to historical policies to understand how we've inherited the policies governing our energy use today. But looking backward only tells us part of the story. In the face of climate change, we need to look ahead and instead envision a more revolutionary change to our energy systems and the policies that govern them. This class takes you on that journey to energy policies past, present, and future. We look at the political realities of addressing climate change at various scales of governance and work together to craft our own ideal scenarios of what a responsible energy future will be.
Consumers see or hear thousands of advertisements each day. The April 2017 issue of Page One Economics: Focus on Finance reviews advertising history and strategies ads use to create demand and influence consumer tastes and preferences.
Short explanation with graphical quiz to check understanding, on the changes in aggregate demand, short run aggregate supply and long run aggregate supply and the things that can change them.
We've learned about demand for a good or service, but aggregate demand is different: its the demand for everything bought in an economy. In this video, we discuss how aggregate demand (AD) is different from demand and why aggregate demand is downward sloping. Created by Sal Khan.
Classroom experiment illustrating the law of diminishing marginal productivity through the production of paper airplanes.
- Material Type:
- Science Education Resource Center (SERC) at Carleton College
- Provider Set:
- Pedagogy in Action
- Tisha Emerson
- Date Added:
In the story, Alexander, Who Used to Be Rich Last Sunday, Alexander receives a dollar from his grandparents that he plans to save, but he spends it all, a little at a time. In this lesson, students count by twos to fill a container with 100 pennies. They are asked whether 100 pennies is the same amount of money as one dollar. They listen to the story and as Alexander spends his money, students come up and remove the correct number of pennies from a container. At the end of the story, students are again asked if 100 pennies is the same amount of money as one dollar. Students discuss the choices that Alexander made and give advice on how he could save his money to reach his goal of buying a walkie-talkie.
Episode 3 of the Continuing Feducation Video Series, The Amazing $2,000 Pizza, emphasizes the importance of using credit cards responsibly.
The course is intended for people who would like a deeper understanding of the American housing finance system. The focus will be on providing necessary background knowledge rather than on evaluating specific policy proposals. Near the end of the course, participants will be encouraged to bring up policy issues and to discuss them in light of the information presented.
Unlike European option, an American options can be exercised at any point before it expires. In this video we walk through the process of exercising an American call option. Created by Sal Khan.
Unlike European option, an American options can be exercised at any point before it expires. In this video we walk through the process of exercising an American put option. Created by Sal Khan.
This online activity shows how to use FRED, the Federal Reserve's free online economic data website, to analyze changes in real gross domestic product (GDP) and GDP makeup over time. Following simple instructions, you will locate spending data for the individual components of real GDP, and then combine them into a highly informative area graph. You will also use FRED's ability to stack data and see how trade—imports and exports—contributes to GDP. The resulting customized graph will let you see how economic output varies from year to year.
Intermediate students are asked to analyze data on the components of consumption and investment expenditures and explanatory variables based on textbook models of each. Students look for rough correlations between the explanatory and dependent variables.
The annual percentage rate (APR) that you are charged on a loan may not be the amount of interest you actually pay. The amount of interest you effectively pay is greater the more frequently the interest is compounded. In this video, we calculate the effective APR based on compounding the APR daily. Created by Sal Khan.