In this economics social studies lesson for 1st and 2nd grade students you will learn what goods and services are and what the difference is between the...

In this economics social studies lesson for first and second grade kids you will learn what producers and consumers are and what the difference is...

Every year I have students who go: "(groan)(whine) ugh, why do have to even learn social studies?" Each time, I would promptly give each of them an answer to this common question. After a few years of teaching, I sometimes get tired of...

Educators share their tips and tricks for successfully using media in their social studies classes when teaching economics.

This week we’ll see how economies can be broken down into the primary, secondary, and tertiary sectors. We’ll look at the three stages of economic revolution that brought us to the modern post-industrial era. We’ll also explore two types...

Today we’re exploring social mobility in some more depth. We’ll look at intergenerational and intragenerational mobility and the difference between absolute and relative mobility. We’ll go over the long run upward social mobility trends...

MacArthur winner Sendhil Mullainathan uses the lens of behavioral economics to study a tricky set of social problems -- those we know how to solve, but don't. We know how to reduce child deaths due to diarrhea, how to prevent...

How do different societies establish a social hierarchy? Today we’re starting our unit on social stratification, starting with four basic principles of a sociological understanding of stratification. We’ll explain open and closed systems...

An economy is a collection of production and consumption processes that are all working towards solving the central economic problem.



The problem is that we only have access to a finite amount...

For the most part, economic policy makers continue to make the case that achieving growth should be the over-arching objective of the global economy. In this context, environmentalism often is seen as a cost, a trade-off that...

Learn all about the most precious resource on this planet. It's not diamonds, gold or silver; it's water! Viewers will appreciate the staggering amounts of water used daily, the challenges ahead with physical scarcity versus economic...

Three Types of Economic Resources explores the three types of economic or productive resources: natural, human, and capital.

Types of Economic Systems compares various types of economic systems by exploring traditional, command, and market economies.

A video entitled "Economic Problems" that discusses common economic problems facing the United States government.

Philosopher Brian Epstein (Tufts University) reflects on how the field of social sciences could change for the better.

Kari Polanyi Levitt reflects on her education and career as an economist, in the UK, Canada, and the Caribbean. As an undergraduate at LSE, she studied with scholars such as Nicholas Kaldor and W. Arthur Lewis. Once in Canada, she...

The video is an introductory lecture on why economics is defined as a social science. The lecturer explains that economics is the study of individuals and their decision-making behavior and how those decisions affect the economy as a...

Welcome to our 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...

The video is a lecture about bounded rationality and cognitive biases in the context of behavioral economics. The speaker discusses the limitations of human decision-making and how it differs from the idealized model of homo economicus....

Economics is not, nor can it be, value-free. George DeMartino discusses economist’s influence, whether they should ever lie, and the irreparable ignorance that haunts economics. DeMartino argues for professional ethics in economics as a...

Economist Darrick Hamilton and Institute President Rob Johnson discuss “stratification economics”, which addresses the failure of orthodox economics to see, explain and point to remedies for persistent racial inequality.<br/>

Geared for the US Regents, this lecture explains the major differences between free market capitalism and capitalism under Keynansian Economics. Topics include supply and demand, regulatory action versus unregulated laissez fairre. Bush,...

Today we kick off Crash Course Sociology by explaining what exactly sociology is. We’ll introduce the sociological perspective and discuss how sociology differentiates itself from the other social sciences. We’ll also explore what...

Learn all about shortage and surplus in this economics video for kids! See how price can affect how much of a product is available, and what people do when there is a surplus. Shortage and surplus are important concepts in elementary...