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ACDC Leadership
Inflation and CPI Practice- Macro 2.8
Hey econ students! Thank you for watching my videos. I really appreciate it. In this video I quickly go over the difference between the inflation rate and the Consumer Price Index (CPI) and then give you several practice problems. Be...
Professor Dave Explains
Inflation and Deflation
You know how your parents always tell you about how cheap things were when they were kids? Well it's true, prices for literally everything have risen dramatically over the decades. Why? Because of something called inflation. What exactly...
ACDC Leadership
Will the US have massive INFLATION?
Everyone that’s been paying attention to the economy wants to know one thing: Is the United States going to have massive, uncontrolled inflation? In this video I answer that question and talk about how we got here.
Step Back History
The Richest Person Ever
Who’s the richest person on earth? Bill Gates? Carlos Slim? They don’t come close. Today I am going to talk about the richest person who ever lived. He spent so much money that he could destabilize entire regional economies, and had his...
Curated Video
Policy Approaches to Alleviate Poverty in an Economic System
The video is a lecture presentation on policy approaches to alleviate poverty within an economic system. The speaker covers three areas: fiscal drag effect, the poverty trap, and the unemployment trap, and discusses potential remedies...
Curated Video
Understanding Fiscal Policy: Effects on Government Budget, National Debt, and the Economy
This video discusses the concept of fiscal policy, which is the use of government revenue and spending to influence the economy. It explains how government tax and spending plans are outlined in a budget and how they can lead to a...
Curated Video
Measuring Inflation: Understanding Key Indices and Personal Experiences
This video discusses how inflation is measured and the different indices used to measure inflation in the UK. The speaker explains the difference between inflation and deflation, the price level, and how the Consumer Price Index (CPI) is...
Financial Times
What if inflation returns?
While most people think interest rates will remain low for a long time, the FT's Robert Armstrong looks at the key factor that could upset that consensus – inflation – and what effect an increase in inflation would have on recent gains...
ACDC Leadership
Cost-push Inflation and Demand-pull Inflation
In this video I explain hyperinflation and the difference between cost-push and demand-pull inflation.
The Telegraph
What it's like to live through hyperinflation in Venezuela
A paramedic and a sex worker describe what it's like to live through hyperinflation in Venezuela, where an estimated 90% of people are living in poverty amid a worsening economic crisis
Financial Times
Charts that Count: how online shopping keeps inflation down
FT data journalist Brooke Fox explains why some economists believe changes in technology may also change the way we understand inflation.
Emergent Order
"The Cluster of Errors" - The Austrian Theory of Boom and Bust
Does the financial crises of 2008 fit the Austrian economic theory of "boom and bust"? American economics professor Lawrence H. White discusses economists' rationale for following interest rates and the reliability of...
TED-Ed
What Gives a Dollar Bill Its Value?
What makes a one hundred-dollar bill valuable? Here is an excellent, straight-forward animated video to help your learners grasp the concept of inflation and the purpose and policies of the Federal Reserve System.
Jacob Clifford
Nominal and Real GDP
How can we provide a true measurement of GDP when dollar values increase over time as a result of inflation? Review the concept of nominal versus real GDP with your class members with this quick and informative video.
Curated OER
What is Money?
Can you create money out of thin air? The Federal Reserve can, and that's one of the reasons for inflation! There are over 3,800 past examples of paper currency that no possess any value due to past bouts of inflation. This resource...
Curated OER
Inflation
What causes inflation? Inflation is a direct consequence of war, so it's no surprise our levels of inflation are so high considering that we're in two wars and attempting tax cuts! Watch the history of inflation and discuss whether...
Curated OER
How the Federal Reserve Works, Part 5
How can we ensure economic growth in the United States? We need to reevaluate the economic system we're currently working with. So what is the alternative? Some key speakers share their opinions on the issue here, in the conclusion of...
Khan Academy
Banking 18: Big Picture Discussion
Sal further ponders the meaning of wealth in this video, which explores the values of gold, land, and money. Touching on Adam Smith's definition of wealth, the presentation discusses the philosophy of utility and what different media of...
Khan Academy
Banking 4: Multiplier Effect and the Money Supply
In the context of a discussion about real wealth versus the representation of wealth (money), Sal explains the multiplier effect and how 1000 pieces of gold can become 2710 pieces of gold. Viewers will appreciate the annotations and...
PBS
The Lowdown — Understanding Inflation: A Stop Motion Explainer (Parts 1 and 2)
Things are so expensive these days. A two-part video explains the concept of inflation and its ties to the federal nominal interest rate. Pupils then use data on the historical prices of items to calculate the inflation rates for several...
Federal Reserve Bank
Episode 9: Inflation
Imagine a hamburger costing only 15 cents! Scholars analyze the impact inflation has on the economy over time and investigate what makes prices rise in the market. They view a short video while researching the Consumer Price Index to...
Federal Reserve Bank
Episode 14: Getting Real about Interest Rates
It costs money to borrow money. Historians use a podcast to investigate how interest rates impact buying—and borrowing—in the marketplace. The 14th episode in a 21-part Economic Lowdown series researches the extra money people must pay...
Federal Reserve Bank
Episode 4: Inflation
Have you ever gone to the store and noticed the price of an item you always buy has suddenly increased? Scholars investigate the reason prices inflate in the market. An informative lesson looks into the Consumer Price Index to determine...