What do tulips, real estate, and stock in a pet store have in common? Find out what happens when products or services sell for much more than they are worth.

In less than 19 minutes, review all the key microeconomics concepts you'll need to know and remember for the big exam with this excellent video review! Beginning with the basics of supply and demand and key graphs to market failures and...

Why does quantity demanded decrease as prices increase? Watch this video to compare the downward sloping curve of the law of demand with the upward sloping curve of supply, as well as to review such concepts as the substitution...

Delve deeper into currency exchange theory using Sal's hypothetical global trade scenario involving the Chinese Yuan and the US dollar. He references goods manufactured and sold in the countries using supply and demand principles,...

Sal reviews the hypothetical global trade scenario from the last video in detail for about the first six minutes, changing a few numbers to make for a cleaner example. He continues the scenario to demonstrate how the natural ups and...

Does it ever seem like the more money you get, the more you spend? A short video lesson introduces the concept of goods and services changing hands in a circular flow pattern. Scholars analyze how businesses make money from selling goods...

How much are your skills worth in the labor market? Young historians research how people sell their skills to an employer for a certain price, just like a good or product. They discuss what exactly helps someone market themselves to...

How do people respond when the price of an item increases? Do they want more or less of that item? Young economists investigate the impact of the law of demand on the economy. A short video highlights the concept of prices in relation to...

It's all about timing ... when is the right time to raise the price or produce more if supply is low? The first lesson of a 10-part series on economics investigates the supply curve in business. Scholars watch a short video explaining...

Scholars research the concept of supply and demand and its overall impact on the balance of the consumer market. The 8th lesson of a 21-part Economic Lowdown podcast series investigates how the availability of an item impacts its price....

A shopper goes to the store for that one special item only to find out it is out of stock. The seventh lesson of a 21-part economic series investigates the concept of supply in the marketplace. Scholars research the supply curve using a...

Have you ever noticed that the price of an item in the store suddenly drops or rises? Historians investigate the concept of demand in the sixth installment of a 21-part Economic Lowdown series explaining aspects of the economy. A podcast...

Clean, renewable energy is there for the taking ... how do we save it until we need it? A short video, part of an energy unit from NOVA, discusses the challenges of creating and storing electrical energy efficiently. The narrator...

How quickly can an economy recover from a shock? John Maynard Keynes challenges the classical economist view of a self-correcting economy with his 1936 work, The General Theory of Employment, Interest and Money. A short view...

Can raising the minimum wage lead to unemployment? Young economists watch a rapid-paced video from Crash Course Economics to learn about supply and demand in the labor market and the ways that the minimum wage can both stimulate economic...

How does the economy affect the environment—and vice versa? A video from Crash Course Economics discusses the ways supply and demand for products made with non-renewable resources can result in the Tragedy of the Commons, or even in the...

When prices get too high, the government should put price controls in place, right? Not necessarily. A video from Crash Course Economics explains how price controls can affect the equilibrium price of a product, and potentially lead to a...

Businesses really do care about your happiness and satisfaction—as long it's higher than their marginal cost. Discover how relative scarcity, marginal utility, and the subjective tastes of consumers determine the price a business...

If a country needs more money, they should just print more currency, right? Not exactly. Learn about the economic ramifications of inflation and deflation with an engaging video from Crash Course Economics.

What do strawberries, gasoline, and human kidneys have in common? Explore the concept of supply and demand, and the varying degrees of demand for particular items in the free market, with an informative video from Crash Course economics.

Sal justifies that the determining factor of inflation and deflation is not the money supply as much as much as it is demand and the raised capacity utilization.

In a hypothetical global trade scenario, Sal lays out an import-export relationship between the United States and China. Through supply-and-demand logic, he describes a situation where the US dollar would weaken, and the Chinese Yuan...

Learners are introduced to fluctuating currency exchange rates and the role of supply and demand in this context. They understand the inverse relationship between supply and price based on these concepts and view a hypothetical scenario...

Go further into depth with the China-United States trade scenario, this time investigating what the Chinese government does with the dollars they collect. Sal reminds scholars why the Chinese Central Bank prints Yuan to purchase dollars...