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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

Aggregate Demand Video and Quiz

This video teaches the concept of Aggregate Demand. Aggregate demand shows the total (or aggregate) demand for final goods and...
Key Concepts: Aggregate Demand, Business Cycles, Economic Institutions…

Entrepreneurs Video and Quiz

This video teaches the concept of Entrepreneurs. Entrepreneurs are willing to risk their own resources in order to sell them...
Key Concepts: Division of Labor/Specialization, Entrepreneurs, Producers…

Aggregate Supply Video and Quiz

This video teaches the concept of Aggregate Supply. Aggregate supply shows the total (or aggregate) production of final goods and...
Key Concepts: Aggregate Supply, Business Cycles, Economic Institutions…

Income Distribution Video and Quiz

This video teaches the concept of Income Distribution. Income distribution refers to how the total income earned ends up divided...
Key Concepts: Budgeting, Consumers, Income Distribution…