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Balancing the Federal Budget

ESSENTIAL DILEMMA When, if ever, should the nation prioritize balancing the federal budget?
Key Concepts: Balance of Trade and Balance of Payments, Budgeting, Credit…

Who Decides Wage Rates? | Lesson Demo

This video models Lesson 13 from CEE's High School Economics publication in the classroom. It discusses lesson objectives and provides...
Key Concepts: Budgeting, Demand, Division of Labor/Specialization…

Is the traditional taxicab an endangered species?

Increasingly popular ride-sharing services have attracted customers at a rate that some say endangers the cab industry. Economics correspondent Paul...
Key Concepts: Business Costs and Revenues, Demand, Elasticity of Demand…

Price Ceilings and Floors Video and Quiz

This video teaches the concept of Price Ceilings and Floors. A price ceiling is a legally established maximum price while...
Key Concepts: Demand, Markets, Markets and Prices…

Profit Video and Quiz

This video teaches the concept of Profit. Profit is income received for entrepreneurial skills or risk taking and is calculated...
Key Concepts: Business Costs and Revenues, Entrepreneurs, Market Structure…

Supply Video and Quiz

This video teaches the concept of Supply. Supply refers to a relationship between price and the quantity of a good...
Key Concepts: Markets, Markets and Prices, Price Ceilings and Floors…