TED-Ed
What Gives a Dollar Bill Its Value?
What makes a one hundred-dollar bill valuable? Here is an excellent, straight-forward animated video to help your learners grasp the concept of inflation and the purpose and policies of the Federal Reserve System.
Jacob Clifford
Nominal and Real GDP
How can we provide a true measurement of GDP when dollar values increase over time as a result of inflation? Review the concept of nominal versus real GDP with your class members with this quick and informative video.
Curated OER
What is Money?
Can you create money out of thin air? The Federal Reserve can, and that's one of the reasons for inflation! There are over 3,800 past examples of paper currency that no possess any value due to past bouts of inflation. This resource...
Curated OER
Inflation
What causes inflation? Inflation is a direct consequence of war, so it's no surprise our levels of inflation are so high considering that we're in two wars and attempting tax cuts! Watch the history of inflation and discuss whether...
Curated OER
How the Federal Reserve Works, Part 5
How can we ensure economic growth in the United States? We need to reevaluate the economic system we're currently working with. So what is the alternative? Some key speakers share their opinions on the issue here, in the conclusion of...
Khan Academy
Banking 18: Big Picture Discussion
Sal further ponders the meaning of wealth in this video, which explores the values of gold, land, and money. Touching on Adam Smith's definition of wealth, the presentation discusses the philosophy of utility and what different media of...
Khan Academy
Banking 4: Multiplier Effect and the Money Supply
In the context of a discussion about real wealth versus the representation of wealth (money), Sal explains the multiplier effect and how 1000 pieces of gold can become 2710 pieces of gold. Viewers will appreciate the annotations and...
Jacob Clifford
The Phillips Curve (Short and Long Run)
How does one graph the Phillips curve? Here you'll find a great instructional video on how to use information and concepts from a basic aggregate supply and demand curve in order to draw the short run and long run Phillips curve.
Jacob Clifford
Intro - Aggregate Demand, Aggregate Supply, and Fiscal Policy
Similar to the value of reading a table of contents before delving into a complex textbook, check out this video introduction to a unit of economic concepts, including aggregate demand and supply and fiscal policy.
Jacob Clifford
Business Cycle Unit Summary
Experience the ebb and flow of the economy with a video reviewing the fundamental concepts of the business cycle. Here you'll find an explanation of how unemployment, GDP growth, and inflation are all present in a basic graph of the...
Federal Reserve Bank
The Fed's Role in Making and Setting Monetary Policy: Part 1
How does inflation affect the economy, and how can effective monetary policy by the Federal Reserve help control inflation? With the Fisher equation and analysis of annual CPI rates during the 1970s and early 1980s, your...
Curated OER
Inflation, Deflation & Capacity Utilization 2
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.
Khan Academy
Floating Exchange Effects on China
Now that we understand what the Chinese Government does to keep its currency artificially suppressed, Sal explores what might happen if they were to allow a free-floating exchange against the dollar. He outlines the hypothetical ripple...
Khan Academy
Debt Loops Rationale and Effects
Now that scholars understand more about currency imbalance and artificially suppressed currency, Sal discusses the motivations of the different actors. He briefly touches on the difficulty of unwinding a cycle like this once it has...
Khan Academy
CPI Index, Inflation, Finance and Capital Markets
Get an introductory course on inflation and the Consumer Price Index as Sal breaks down American disposable income based on government analysis. He focuses on housing percentages, explaining inconsistencies in the rental equivalence...
Khan Academy
Chinese Central Bank Buying Treasuries
In the first several minutes of this clip, a review of the hypothetical China-U.S. trade scenario Sal mapped out in previous videos. Then, he begins to outline further how the Yuan can resist appreciation because of interference by the...
Khan Academy
China Keeps Peg but Diversifies Holdings
By examining data from the U.S. treasury, Sal shows scholars the large discrepancy between US exports to China and US imports from China in 2009. He also examines foreign-owned assets in the United States, pointing out China's position...
Khan Academy
China Buys US bonds, Money, Banking and Central Banks, Finance and Capital Markets
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...
Khan Academy
Chinese Inflation, Money, Banking and Central Banks, Finance and Capital Markets
After examining the rapid increase in China's money supply, Sal provides a simple breakdown of how this may be impacting domestic price inflation in China. He reads through an article excerpt that asserts the reported inflation rate is...
Khan Academy
China Pegs to Dollar to Keep Trade Imbalance
Continuing from the previous video, Sal reviews the China-US trade relationships and the floating currency scenario that should leave the dollar weaker and the Yuan stronger. He explains why the People's Bank of China doesn't want this...
Curated OER
How the Federal Reserve Works, Part 1
What is money? Journey back in time to see different forms of money at different points in US history. From trading to the first gold coin to the US dollar, your class will see the evolution of money in early American years. This is part...
Curated OER
Inflation Explained - Part 3/4
Inflation also includes the concept of deflation, is deflation good? Part three in this four-part series takes a comparative look at Japan's economic deflation during the 1990s and today's US economic situation. Purchase power,...
Curated OER
Economic Terms
Before beginning any lesson, learners need to have a basic understanding of the terminology commonly used in that content area. Build basic economic vocabulary with this resource. Each economic term is completely defined and then used in...
Curated OER
How the Federal Reserve Works, Part 2
What is the Federal Reserve Act? Enacted in 1913, it created the central banking system of the United States of America. Watch this video to give your class an idea of the financial panics Americans faced before having a centralized...