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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

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…

Productive Resources Video and Quiz

This video teaches the concept of Productive Resources. Productive resources are used to produce goods and services and are classified...
Key Concepts: Decision Making/Cost-Benefit Analysis, Division of Labor/Specialization, Entrepreneurs…

Barriers to Trade Video and Quiz

This video teaches the concept of Barriers to Trade. Barriers to trade are government rules that block or inhibit international...
Key Concepts: Balance of Trade and Balance of Payments, Benefits of Trade, Credit…

Property Rights Video and Quiz

This video teaches the concept of Property Rights, which refers to the legal ownership of resources, including the right to...
Key Concepts: Economic Institutions, Economic Systems, Incentive…

Competition and Market Structure Video and Quiz

This video teaches the concept of Competition and Market Structures. In the context of markets, competition refers to the situation...
Key Concepts: Business Costs and Revenues, Market Structure, Market Structures…

Consumers Video and Quiz

This video teaches the concept of Consumers. Consumers are powerful in a market economy, and the economic choices of consumers...
Key Concepts: Consumers, Demand, Goods and Services…

Economic Development Video and Quiz

This video teaches the concept of Economic Development. Economic development is a sustained increase in the standard of living of...
Key Concepts: Balance of Trade and Balance of Payments, Budgeting, Economic Development…

Technology Video and Quiz

This video teaches the concept of Technology. The set of instructions or blueprints that inform producers about the various ways...
Key Concepts: Balance of Trade and Balance of Payments, Productivity, Resources

Demand Video and Quiz

This video teaches the concept of Demand. Demand refers to a relationship between price and the quantity of a good...
Key Concepts: Consumers, Demand, Elasticity of Demand…

Trade, Exchange and Interdependence Video and Quiz

This video teaches the concept of Trade, Exchange and Interdependence. People do not make everything that they and their family...
Key Concepts: Balance of Trade and Balance of Payments, Benefits of Trade, Credit…

Elasticity of Demand Video and Quiz

This video teaches the concept of Elasticity of Demand. Price elasticity of demand is the way of measuring how much...
Key Concepts: Demand, Elasticity of Demand, Incentive