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Incentives Video and Quiz

This video teaches the concept of Incentives. An incentive is a cost or benefit that motivates a decision or action...
Key Concepts: Decision Making/Cost-Benefit Analysis, Economic Systems, Elasticity of Demand…

Fiscal Policy Video and Quiz

This video teaches the concept of Fiscal Policy. Fiscal policy refers to how government taxing and spending policy can be...
Key Concepts: Budget Deficit, Business Cycles, Employment and Unemployment…

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…

Money Video and Quiz

This video teaches the concept of Money. Money is anything that is used to buy and sell goods and services....
Key Concepts: Economic Institutions, Money, Trade, Exchange and Interdependence

Roles of Government Video and Quiz

This video teaches the concept of Roles of Government. Some roles of government include protecting the environment, helping the poor...
Key Concepts: Government Failures/Public-Choice Analysis, Markets, Roles of Government

Inflation Video and Quiz

This video teaches the concept of Inflation, which is an increase in the average price level in the economy.
Key Concepts: Economic Institutions, Fiscal Policy, GDP