This video provides an explanation of the concepts of real wage and natural unemployment, with a focus on distinguishing between the two. The presenter uses graphs and definitions to illustrate the differences between these types of...

In part 4 of this INET interview, Alexander Field discusses lessons we can learn today from the experiences of the Depression. He suggests there are positives for advocates of both private industry and the public sector, since both...

Columbia professor Dan O’Flaherty explains how an awareness of racial trauma developed from growing up in Newark inspired him to write and teach on the economics of race.<b<br/>r/>

Credits: Matthe<br/>w Kulvicki, Nick Alpha

We just learned about the labor force, but what about those who are unemployed? What are the reasons that people might be unemployed? What does this signify about an economy? Is it possible or desirable for there to be zero unemployment?...

Hey internet, this is Jacob Clifford. Avengers: Endgame was awesome and it included some great examples to help you learn about income inequality. The goal of this episode was to help you see both sides of the deabte and introduce...

The foreign currency exchange market is one of the most influential markets in the world today, the New York stock exchange, the Nasdaq and the Tokyo stock exchange the three largest securities markets in the world have a daily...

In our society, most people have to have jobs. But what qualifies as a job? How do we determine who is part of the labor force? How has globalization impacted the labor force? We've all heard terms like outsourcing and offshoring, what...

Hey econ students! I made this video to help you understand unemployment. Make sure you can calculate the unemployment rate and the labor force participation rate. Also, make sure you know the three types of unemployment and why full...