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A Global Village
An insight into Marshall McLuhan's theory of "the global village", and the impacts of improving global communications networks, both good and bad. Human Geography - A Changing World - Learning Points. The term 'Global Village' was coined...
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Traffic Congestion
As car ownership increases around the world, so does global traffic congestion. What are the social and economic impacts of congestion, and what action can be taken to lessen the problem? Human Geography - A Changing World - 50 million...
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What is Globalisation?
How changes in communications and transport technologies have changed lives around the world. Discover what defines globalisation and the impacts. Human Geography - A Changing World - Learning Points. Globalisation is the process whereby...
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What is Globalization?
In this video, I want to answer the question, what is Globalization?
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Understanding the Pros and Cons of Globalization
This video provides an overview of globalization, discussing how it has led to the integration and alignment of the world's economies, generating mutual beneficial outcomes in terms of trading benefits. The video also highlights the main...
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The Impact and Importance of Globalization: Exploring its Effects and Significance
In this video, the speaker discusses the impact and importance of globalization. They provide a brief explanation of what globalization is and how it is facilitated by free trade and improved communication and transportation. The speaker...
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Understanding Globalization and Its Impact on Businesses
In this video, the concept of globalization is explored and defined as the integration of individual economies around the world into one global economy. The video describes the various causes of globalization such as the advances in...
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Globalization and its Impact on Businesses and International Trade
This video provides an overview of globalization and its impact on businesses and international trade. The speaker talks about the concept of globalization, the biggest companies in the world that operate on a global scale, and the...
Institute for New Economic Thinking
Mainstream Economics & Gender | Feminist Economics Part 5
In this fifth and final lecture in the Institute for New Economic Thinking’s “Feminist Economics” series, Professor Jayati Ghosh explores some of the shortcomings of mainstream economics. Heavily reliant on unrealistic assumptions and...
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Indicators of Economic Growth for Business Investment
This video lecture presents various indicators of economic growth for a country, explaining how they inform businesses about the attractiveness of investing in different markets. The lecturer discusses GDP and its measurement, the...
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Globalization: Definition, Causes, and Impacts
In this video, the lecturer defines globalization as the process of economic and financial integration that has progressively removed national boundaries from the financing, production, sale, and distribution of goods and services. He...
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The Euro: Costs and Benefits of Joining a Currency Union - A UK Perspective
In this video lecture, the presenter discusses the euro and the features of a currency union. He explains the differences between a monetary union and a fixed exchange rate system, and the benefits and costs of joining the eurozone. He...
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Understanding the Terms of Trade of a Country: Factors and Implications
In this lecture video, the concept of the terms of trade of a country is explained. The video explores how the terms of trade are a measure of a country's international competitiveness, and how their improvement or deterioration can...
Institute for New Economic Thinking
How Populists Use Economics to Exploit Crisis
MIT Sloan Assistant Professor Emil Verner discusses his research into credit markets, and the role of economics in the rise of populism.<br/>
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Introduction to Absolute Advantage in Trade
The video introduces the concept of absolute advantage in international trade. The speaker explains that differences in the quantity and quality of factors of production between countries create opportunities for countries to specialize...
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Optimal Currency Areas: Assessing the Eurozone's Suitability
This video lecture discusses the concept of optimal currency areas and applies specific criteria to assess whether the eurozone is an optimal currency area. The four criteria to assess the optimality of a single currency are symmetry of...
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The Impact of Globalization on Economic Welfare, Interdependency Risks, and Sustainability
This video lecture focuses on evaluating the overall impact of globalization and looking at some of its negatives. The speaker begins by outlining the four key areas that need to be considered in evaluating the impact of globalization on...
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Understanding the European Union
The video provides an in-depth overview of the European Union, its history, purpose, and the benefits and drawbacks of membership. The speaker discusses the institutions of the EU and the impact of EU policies on member countries. The...
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Introduction to the World Trade Organization (WTO)
This is a short video lecture on the World Trade Organization (WTO). The video aims to help viewers understand the purpose of the WTO and the role it fulfills in dealing with the rules of trade between nations. The video covers the...
Institute for New Economic Thinking
Gender Awareness & Public Policy | Feminist Economics Part 4
In this fourth lecture in the Institute for New Economic Thinking’s “Feminist Economics” series, Professor Jayati Ghosh explores the impact of economic policy on women, and the importance of adopting a gender-perspective in...
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Exchange Rate Systems: Fixed versus Free Floating
This video is a lecture that explains the two main exchange rate systems: free floating and fixed exchange rates. The advantages and disadvantages of each system are discussed, with a focus on the main aspects of a fixed exchange rate...
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Global Trade Patterns and their Impact on the Economy
The video discusses various issues related to global trade patterns, including the factors that influence trade, the costs and benefits of trade, and the impact of trade on the economy. It presents data on the growth of global trade, the...
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Introduction to Trade Protection and its Methods
The video lecture is about trade protection and its impact on domestic production, consumers, and welfare. The speaker starts by defining free trade and analyzing its consequences for consumer and producer surplus. He then explains the...
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Understanding Exchange Rates: Basics and Effective Exchange Rates
The video provides a comprehensive introduction to exchange rates, covering basic definitions such as what an exchange rate is, how demand and supply for currency works, and how the exchange rate is determined. The video also discusses...