In 2020, Mali produced over 71 tons of gold— an amount worth billions of dollars. But Mali saw only $850 million dollars from that gold. And this situation isn't unique: a number of other gold-rich countries in Africa aren't seeing the...

What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more on this week's Crash Course Econ. Deficit and debt are easy to misunderstand,...

In 1981, the US economy was struggling: unemployment rates were climbing and inflation had peaked at an all-time high. To combat these issues, President Reagan introduced a number of economic policies, including tax cuts for large...

Pupil outcome: I can explain why the economy matters to me and what citizens can do to support the economy. Key learning points: - The economy influences employment opportunities, income levels, public services and living costs,...

Pupil outcome: I can explain how tax avoidance affects the UK economy and why paying tax is everyone’s responsibility. Key learning points: - Taxation funds essential public services, ensuring universal access to healthcare, education...

Dr. Forrester explains how state government functions, and lists some of the public services it provides through tax revenue. She talks about members of the community and how common citizens can make important changes. She closes by...

In which John discusses the interwoven systems that shape our destiny even though we rarely pause to think about them.

This is a video lecture that explores the topic of indirect taxation as a form of government intervention in markets. The speaker covers the economic rationale for government intervention to rectify market failure, the types of market...

Hey macroeconomics students! In this video I explain the three functions of money, how economists classify money, the difference between stocks and bonds, and the relationship between interest rates and bond prices. I know it’s heavy on...

My 60 second explanation of how to draw and excise tax (a per unit taxes on producers). You calculate the tax revenue, spending by consumers and revenue to firms. The bonus round shows shows what happens to consumer's surplus and...

Hey econ students! This summary video covers microeconomics Unit 2: Supply and Demand. It covers demand, supply, elasticity, disequilibrium, equilibrium, shifts, taxes, and internations trade. Be sure to print and fill out the Unit 2...

It's been about 10 years since cannabis was legalized in Washington and Colorado, so we want to review how it's been going... In this video we take a look at how legalizing cannabis impacted health, tax rates, and crime in the states...

Mr. Clifford's 60 second explanation of negative externalities (aka: spillover costs). Notice that there are two different supply curves. One is the marginal private cost which ignores the spillover costs and the other is the marginal...

Zach Star demonstrates what changes a lesson in statistics and incentives

Banking crises come and go, but they become exceptionally complicated matters when the affected country is non-sovereign in the sense that it does not issue its own currency. This is essentially the problem faced by Ireland,...

The video is a lecture on fiscal policy and the concepts of crowding out and the Laffer curve. The presenter discusses the theory behind the Laffer curve and covers supply-side and Keynesian views. He emphasizes the importance of...

Steven Fazzari, Professor of Economics, Washington University in St Louis speaking at the breakout panel entitled "Does the Effectiveness of Fiscal Stimulus Depend on the Context? Balance Sheet Overhangs, Open Economy Leakages, and Idle...

Sweden is a beautiful Scandinavian country famed for its beautiful people, flat-packed furniture, PewDiePie and meatballs. Now of course if you hadn’t guessed by the channels title we are only here to look Sweden's economy, and it is a...

I explain the key terms of the financial sector, including: assets, liabilities, loans, bonds, stocks, and interest rates.

This video discusses automatic stabilizers and how they adjust to economic cycles and affect fiscal stimulus. He explains the technical aspects of automatic stabilizers, such as tax revenue, government spending, and welfare costs....

Governments spend and borrow money just like people do. But it's a little more complicated. Is it bad for a government to be in debt? Who does a government borrow money from? How is federal spending determined? What are the types of...

Welcome to our new video series called "New Economic Thinking." The series will feature dozens of conversations with leading economists on the most important issues facing economics and the global economy today.



This episode...

Globalization’s elite winners get lower taxes while its losers pay more<br<br/>/>

Economist Gabriel Zucman discusses how globalization shapes the way taxes, corporate profits, and income are shi<br/>fted around the world.

Hey Econ students! I'm back with new videos to help you learn and love economics. This video explores the effects of government intervention including: price ceilings, price floors, subsidies, and taxes. Make sure that you can draw these...