Singapore is a small city-state that likely isn't as well known to you as some of the other countries we've discussed before. But they've got one of the most fascinating health care systems around. It's cheap, it's pretty much universal,...

This video introduces the concept of cost benefit analysis and explains how it can be used to evaluate the social benefits and costs of a specific economic decision. The examples used in the video include the hypothetical scenario of a...

This video discusses the concepts of merit and demerit goods in economics. The presenter defines both terms and explains why these goods can be under or over provided by the market.

This video is a lecture on the second element of the marketing mix, which is price. The speaker explains how businesses go about setting the right pricing strategy for their product or service offering. They discuss factors that...

CFOs from e.l.f. Beauty and CarParts.com discuss their challenges with ongoing supply chain disruption, and how they are working through logistics issues and inventory management.

After Brexit, the UK will have a lot more control over their laws, taxes and tariffs. It could, and according to some, should use this power to become a tax haven. So can the UK become a tax haven and should it?

In this video, students are taught how to solve confusing word problems by making a chart. The teacher guides them through two examples, one involving calculating the cost of an entrance ticket for a field trip and the other involving...

The name Kos is first attested in the Iliad, and has been in continuous use since. Other ancient names include Meropis, Cea, In many Romance languages, Kos was formerly known as Stancho, and in Ottoman and modern Turkish it is known as...

The video provides an introduction to the concept of cash flow and its significance for businesses. The presenter explains how cash flow is different from profit and revenue, and how it relates to the inflows and outflows of cash into...

My 60 second explanation of the shut down rule. When the price falls below AVC a firm should shut down and produce nothing. It is better for them to take their fixed costs as a loss then to continue to produce.

This video discusses the concept of government failure and why it occurs in certain situations where a government intervention has a harmful effect on society's welfare despite being intended to improve it. The video provides examples of...

This video explains the concept and types of inflation. The video then discusses two main classifications of inflation, namely demand pull inflation and cost push inflation. It provides examples of what causes each type of inflation and...

Last week, we talked about why it's good for students' health to push school start times back to later in the morning. There's also an economic argument for it. Today, Aaron talks about how starting school later benefits the economy in...

Brendan Greeley says economists have started talking more openly about sovereign debt. For example, if a country's nominal growth rate is higher than its cost of debt, it might make sense to borrow.

These days, it seems like everyone is making money on the side. Side hustles like ridesharing, room rentals, and selling witty cross stitch patterns are a common occurrence. BUT, is every side hustle worth the time dedicated to them?

The video discusses Porter's Strategic Matrix, which outlines the different strategies that a firm can take when launching into a new industry. The focus is on strategic positioning within market segments, and the supermarket industry is...

When we are judging the cost-effectiveness of a treatment or intervention, we're really asking how much bang for the buck we're getting for our healthcare spending. That can be relatively easy when we're talking about life and death. But...

Should we end pollution? Could we even if we wanted to? Mr. Clifford explains marginal social cost, externalities and the role of the government. Don't forget to watch the very end.

In this lesson, students will learn how to solve multistep word problems involving positive and negative decimals using mathematical reasoning. They will be guided through an example problem where a student named Henry wants to purchase...

The video discusses the topic of labor markets, specifically the impact of a higher minimum wage on the economy. The video analyzes the factors that affect the significance of this trade-off, such as the size of cash reserves that...

13 million people looking for living wage work is not a “full employment” economy.



Why should the federal government adopt a jobs guarantee? Just ask the 13 million Americans looking for living

wage work.

That’s...

The video is about the benefits and costs of inflation. The speaker talks about the different impacts of rising and steady inflation on consumption and production, real wage costs, and debt burdens. He also explains some of the costs of...

The video explains the concept of rent seeking, which is the behavior of seeking profits without creating new wealth for others. It provides a classic example of a lord setting up a chain across a river to charge fishermen a fee, which...

This video discusses the downfall of Vijay Mallya's Kingfisher Airlines, detailing how mismanagement, high costs, economic crises, and lack of strategic decision-making led to its collapse. It highlights the challenges faced by the...