ACDC Leadership
2018 Economic Year in Review
Twas the week before Christmas, and in every class Each student with finals prayed that they passed In micro the graphs were all labeled with care Showing ceilings and floors and the effect on welfare. In macro the graphs were AS and AD...
The Wall Street Journal
How To Protect Your Company Without Breaking the Bank
How do you make best use of the resources you have and what outside help can you get that matches your cyber risks?
ACDC Leadership
Micro Unit 2 Intro- Supply and Demand
A quick overview of what you will cover in the second unit of Microeconomics. Virtually all teachers will cover the same topics, but keep in mind that some teachers might teach a few concepts in a different order.
Curated Video
Understanding Absolute and Comparative Advantage in Trade Theories
In this video, the speaker explains how trade theories such as absolute advantage and comparative advantage can help understand why countries engage in certain trading patterns and specialize in specific goods and services. The speaker...
Institute for New Economic Thinking
George Soros - The Living History of the Last 30 years
The Inaugural Conference @ King's, Institute for New Economic Thinking, Session 1: The Living History of the Last 30 years: Economic Theory, Politics and Policy Economic theory has modeled itself on theoretical physics. It has sought to...
Curated Video
Understanding the Backward Bending Labor Supply Curve
The video discusses the concept of the backward bending labor supply curve. The video explains the income and substitution effects that influence the supply of labor, and evaluates the impact of the backward bending labor supply curve...
Curated Video
Why Economics is a Social Science: Understanding the Basics
The video is an introductory lecture on why economics is defined as a social science. The lecturer explains that economics is the study of individuals and their decision-making behavior and how those decisions affect the economy as a...
Institute for New Economic Thinking
Intersections of Psychology and Economics
Much has been said about the interaction between economics and psychology. With Prof. Singer we discuss the psychological research that informs cutting-edge economics as well as the psychological underpinnings of old models. She explains...
Curated Video
Understanding Quantitative Easing
The video discusses quantitative easing, an unconventional form of monetary policy that was implemented by major developed economies like the US and UK following the financial crisis of 2007-2008. It explains how central banks were...
Curated Video
How Unregulated Finance is Killing Democracy
The twin threats of right-wing populism and unencumbered financial capitalism pose a crisis for democracy across the world, argues Robert Kuttner in his new book, Can Democracy Survive Global Capitalism? In his new book, American...
Curated Video
The Kinked Demand Model in Oligopoly
In this video, the presenter discusses the kinked demand model, which is a way of analyzing the impact of interdependence within oligopolies. They explain the assumptions and structure of the model, as well as how to construct it...
Curated Video
Extension of Property Rights and the Coase Theorem
In this video, the topic of the extension of property rights is discussed, and how governments use it to correct market failure. The Coase theorem is explained and an example is given to illustrate this principle. The video also explains...
Institute for New Economic Thinking
J. Doyne Farmer - Networks and Systemic Risks
The Inaugural Conference @ King's, Institute for New Economic Thinking, Day 2 - Lunch: Networks and Systemic Risks
ACDC Leadership
Macro Unit 1- Practice Questions #2
This is a practice quiz for Macroeconomics Unit 1. The questions are designed for AP and college introductory economics.
Curated Video
Understanding Price Controls: Minimum and Maximum Prices
This video discusses price controls and explains the two main types of price restrictions, minimum prices and maximum prices, and illustrates their impact on the market using diagrams. Examples of price controls in different sectors,...
Financial Times
Crunched: is economic growth fuelling climate change?
FT data journalists Federica Cocco and John Burn-Murdoch look at the numbers behind George Monbiot's argument that pressures for GDP growth of 3 per cent are in conflict with the drastic changes needed to prevent the worst impacts of...
Curated Video
Understanding Inequality, Poverty, and their Implications
This is an economics lesson on the topics of inequality and poverty. The instructor discusses the political sensitivity of these terms and how they are used interchangeably, but emphasizes the importance of carefully weighing the impact...
ACDC Leadership
Vote for The Economics Party- Clifford vs Trump & Clinton
Two points. First, politicians shouldn't make economically unrealistic promises. A single-payer health care system would be nice, so would free college education, lower taxes, paid maternity, a balanced budget, services for senior...
TLDR News
The US Economy Is it as Strong as Trump Claims - TLDR News
Going into the 2020 election, Donald Trump is trying to emphasise the strength of the US economy. This seems like a good tactic, and there is a track record for presidents getting re-elected on the basis of economic strength. So in this...
Curated Video
Understanding Economic Integration: Customs Unions and Free Trade Areas
The video provides an overview of economic integration, explaining how different countries interact with each other to increase trade. The presenter describes various types of economic integration, ranging from complete economic...
Institute for New Economic Thinking
Sheila Dow - Why Economists Think How They Think
Economists argue over how the economy works or what is the best fiscal policy to recover from the current crisis. Sheila Dow looks behind the curtain of these debates; she seeks to find out why particular theories are being advanced, and...
Curated Video
Jeff Sachs - America in Crisis: What Role for Government? 1/5
In Part 1 of this interview From the Director's Chair, INET Executive Director Robert Johnson talks with Jeffrey Sachs about Sachs's book The Price of Civilization: Reawakening American Virtue and Prosperity. Sachs doesn't view 2008 as...
Institute for New Economic Thinking
In Defense of Economic Theory
It’s common to hear economists derided for being overly theoretical. But University of Puget Sound’s Wade Hands cautions that empiricism without theory isn’t enough.
ACDC Leadership
Review Activity- What's Wrong with this Picture?
This activity is designed to help you master the key graphs of macroeconomics or microeconomics. If you can spot what’s wrong with each graph you will be less likely to make those mistakes. The handout for the activity is free and is...