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\nMicro Unit 1 Summary- Basic Economic Concepts (Old Version)\n

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\n\nPublisher:\n\nACDC Leadership\n\n\n
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\nThe Micro Unit 1 Summary video is designed to help you understand economics and goes hand-in-hand with my Ultimate Review Packet. In this video I cover the basics: scarcity, opportunity cost, the economic systems, the production...\nThe Micro Unit 1 Summary video is designed to help you understand economics and goes hand-in-hand with my Ultimate Review Packet. In this video I cover the basics: scarcity, opportunity cost, the economic systems, the production possibilities curve, and comparative advatage. I also show you the quick and dirty (22:22). Don't worry, it's school appropriate.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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29:05
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
1 more...
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Media Type
Instructional Videos
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Source:
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\nACDC Leadership\n\n
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Date
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2016
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Concepts

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economics, comparative advantage, consumer goods, human capital, opportunity cost, microeconomics
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Additional Tags

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unit 1, production possibilities, ap, econ, quick and dirty, produce pineapples, big picture, centrally planned, straight line, shift outward, absolute advantage, united states, comparative vantage, free market, invisible hand, key terms, economic system, mixed economy, test question, input question, run society, 'll explain, single time, important concept, limited resources, fewer resources, government decides, government involvement, fewer hours, output question, capital goods
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Classroom Considerations

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Best For: Explaining a topic
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Micro Unit 1 Summary- Basic Economic Concepts (Old Version)\" href=\"/subscription/new\">\"Micro\n\n
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