Curated Video
What are Economic Systems?
Different economic systems have been developed to meet the needs and wants of the citizens of a country or society. These systems have distinct advantages and downsides for producers, consumers, and governments.
Curated Video
Best Practice use of Media When Teaching Economics
Educators share their tips and tricks for successfully using media in their social studies classes when teaching economics.
Professor Dave Explains
Gross Domestic Product (GDP)
How do we measure the health of an economy? The most common way is by looking at its gross domestic product, or GDP. But what does that mean exactly? Are there any limitations to this approach? What kind of goods are counted towards GDP?...
Curated Video
Costs and Benefits
“Costs and Benefits” defines and gives examples of costs and benefits, including external costs and benefits.
Curated Video
Three Types of Economic Resources
Three Types of Economic Resources explores the three types of economic or productive resources: natural, human, and capital.
Curated Video
Mixed Economies Rule the World
This newscast will discuss why mixed economies are the best economies.
Teaching Without Frills
Economics for Kids: Saving and Spending
In this video, you'll learn about the economics concepts of spending, saving, scarcity, and making choices based on costs and benefits.
Economics Explained
What Would Happen if China's Economy Collapses?
It's no secret that China is facing a myriad of economic problems with many commentators predicting the impending collapse of the Chinese economy. But what would really happen is the world's second largest economy collapses? 0:00 - 2:22...
Economics Explained
What Is The Most Equal Country on Earth?
Income and wealth inequality are two of the most debate issues in the world of economics. In this video we look at some of the most equal countries in the world to see what they are doing right 0:00 - 2:05 Intro 2:06 - 4:30 Gini...
Economics Explained
This One Country Doesn't Have an Inflation Problem
In this video we help you to be more knowledgeable about inflation by looking at countries, most notably Switzerland, that have bucked the global trend in 2022 by reporting tame inflation numbers. We look into what Switzerland did right...
Economics Explained
How Zimbabwe's Lithium Export Ban Can Transform it into Africa's Next Superpower
In this video we go over Zimbabwe's recent policy to ban the export of raw lithium and what this could mean for the African nation's economy. We encountered a technical glitch when we first uploaded this video, which resulted in the...
Economics Explained
How the World's Richest Country Lost 90% of its GDP
In the 1980s Nauru was the richest country in the world on a per capita basis. Nauru's wealth can be entirely attributed to its deposits of Phosphate, a substance used in fertilizers. However, by the early 2000s they had completely run...
Economics Explained
Did Washing Machines Change The Global Economy More Than The Internet?
The internet is widely hailed as one of the most economically impact inventions of the modern era. But there is one much more mundane invention that at least one economist believes was even more important - the washing machine. 0:00 -...
Economics Explained
The Failing Economy of Sri Lanka
Over the past decade Sri Lanka was one of the fastest growing economies in Asia. However, they took on too much debt and now the country is collapsing.
Economics Explained
The Failing Economy of Pakistan
Pakistan's economy has recently come under pressure due to high levels of debt, currency devaluation, floods, and high prices for imported food and energy. So how bad are things likely to get and what are the possible solutions? 0:00 -...
Economics Explained
Does China Lie About Its Economic Statistics?
Over the past 30 years China has experienced perhaps the most impressive economic growth of any country in history. But these impressive growth numbers all come from official government statistics bureaus. How much can we trust the...
Economics Explained
Will The EU Fail? | Economics Explained
In this video we will rank the European Union (EU) as if it were a country on the Economics Explained National Leaderboard, after exploring the economic challenges and opportunities facing all current member states. The EU collectively...
Economics Explained
Why The 2022 Nobel Prize For Economics Is Making People So Angry
0:00 - 1:16 intro 1:17 - 2:08 Morning Brew 2:09 - 4:17 Trade wars 4:18 - 6:24 Global financial crisis 6:25 - 8:08 Stimulus 8:09 - 10:30 Supply side shock 10:31 - 12:45 Zombie companies 12:46 National leaderboard
Economics Explained
Why Canada Is Banning Foreigners From Buying Homes
Established Titles is a fun novelty gift, meant for a good laugh and not to be taken too seriously. Established Titles bought a couple hundred acres of land in Scotland, and have pledged to protect it and keep it as is forever, and they...
Economics Explained
What's Causing This Wave of Economic Collapses? | Economics Explained
In this video we wanted to highlight the paradox of global economic growth alongside isolated national crises. Why do certain economies like Lebanon, Sri Lanka, and Pakistan face collapse when the global economy is reaching unprecedented...
Economics Explained
The World's Poorest Country is Sitting on $24 Trillion
With GDP per capita of just $2 per day, the Democratic Republic of the Congo is one of the poorest, if not the poorest nation on Earth. However, this does not have to be the case. The country has massive deposits of rare earth minerals...
Economics Explained
The Two Big Economics Lies You Still Believe | Economics Explained
This video was made possible by our Patreon community! ❤️ In this video we show the economic misunderstandings around economies of scale & induced demand that still pervade in economics journalism and reporting. Learn how misconceptions...
Economics Explained
The Tragic Reality of Brain Drain on Poor Countries
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...
Economics Explained
The Real Reason For France’s Pension Protests | Economics Explained
France's economy faces turmoil due to strikes over retirement age increase. Essential industries grind to a halt as violence and unrest dissuade tourism. This video explores economic arguments, lessons for other nations, and potential...