This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and monetary policy and inflation and policy. We need this stuff, because if you...

In 1980, Paul Ehrlich and Julian Simon bet $1,000 on a question with stakes that couldn't be higher: would the earth run out of resources to sustain a growing human population? They bet $200 on the price of five metals. If the price of a...

Today we’re exploring social mobility in some more depth. We’ll look at intergenerational and intragenerational mobility and the difference between absolute and relative mobility. We’ll go over the long run upward social mobility trends...

In which John Green teaches you about the end of World History, and the end of the world as we know it, kind of. For the last hundred years or so, it seemed that one important ingredient for running an economically successful country was...

China is the world’s second-biggest economy, prompting concerns about China overtaking the United States or EU sooner than previously thought. But if you look at the long term picture and apply a more Asian perspective—China’s...

How has Brazil become the melting pot it is today? Find out by reviewing Brazil’s historical highlights and how the economy has evolved over the centuries. Learn about the arrival of Europeans in the 1500s; how Portugal extended rule and...

This video provides a clear and concise explanation of how to write a thesis statement for a persuasive essay. The speaker emphasizes the importance of stating your claim or argument at the beginning of your introductory paragraph and...

Why is Spain's economy booming? Thanks to migration.

Pupil outcome: I can describe ways in which China is changing and explain why the country is called a global superpower. Key learning points: - China has the second largest economy in the world; it was worth US$17.8 trillion in 2023. -...

Pupil outcome: I can describe ways in which India is changing and explain why the country is called a global superpower. Key learning points: - India has the fifth largest economy in the world. - India's economy was worth $3.6 trillion...

Pupil outcome: I can explain how we know if the economy is healthy and how the economy affects the UK Government. Key learning points: - A healthy economy has GDP growth, low unemployment, stable inflation and strong business investment....

Pupil outcome: I can explain how national debt is managed and how it affects individuals. Key learning points: - The UK Government manages national debt by borrowing money, raising taxes and adjusting public spending. - If debt is too...

In this session we will understand the role of reserve bank of India (RBI)and Role of banking in nation building.



In the role of RBI as a regulator of the bank are i) Licensing and Autherization ii) Prudential regulations...

The modernization theory is a model used to explain how societies transition from traditional or underdeveloped economic and social systems to modern, technologically advanced, and industrialized ones. The theory contends that all...

This video explores the Roaring Twenties in the United States, a time of economic growth, technological advancements, and cultural change. Viewers will learn how the prosperity of the 1920s set the stage for the Great Depression, as...

This video provides a detailed historical account of the Marshall Plan, a landmark initiative aimed at rebuilding Europe after the devastation of World War II. The narration outlines the background, implementation, and impacts of the...

There's a massive cost that every developed economy has to deal with that nobody talks about... Infrastructure maintenance. It sounds boring but all of those developments that governments love to talk up can end up costing a fortune to...

The phenomenon of brain drain is when the best and brightest workers from poor countries immigrate to rich countries in the pursuit of higher pay and living conditions. This can hinder the development of poor countries because many of...

Economist Nouriel Roubini discusses potential Economic Megathreats including the end of globalization, easy money leading to stagflation, the growing debt crisis, AI's threat to worker and consumer-based economies, and climate change....

With Michigan soon to become the 25th state to adopt "Right to Work" laws it about time you understood them. My Johnny Cash Teacher attempt to Walk the Line and do some explain'

Recorded Tuesday, Jan. 25, 2011, at the Hoover Building in Washington, D.C. The U.S. Department of Commerce and NIST hosted a moderated panel discussion about what role the government should play in standards development and use and how...

The Obama Administration released the National Strategy for Trusted Identities in Cyberspace (NSTIC) on April 15, 2011 during a meeting with about 250 business, government, and other leaders at the U.S. Chamber of Commerce in Washington,...

Now that we have discussed several types of economies with varying degrees of government involvement, it's time to get a closer look at a government's role in economic growth. It is possible for governments to both promote and hinder...

Taught by John Smithin

Assisted by Fredrick

Zhou

There are two alternative views about how to promote economic growth. We develop two generic growth equations, each including the trade balance, the primary budget...