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Episode 10: Unemployment
Want a job, need a job, but cannot find a job? What impact does the quest have on not only job seekers, but also on the overall economy? Scholars research unemployment's ripple effect on the market, purchasing power, and overall health...
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Episode 9: Inflation
Imagine a hamburger costing only 15 cents! Scholars analyze the impact inflation has on the economy over time and investigate what makes prices rise in the market. They view a short video while researching the Consumer Price Index to...
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Episode 8, Segment 2: The PPF Illustrates Underemployment, Economic Expansion, and Economic Growth
Is it possible to be overqualified for the current job market? Scholars analyze underemployment and what it takes to potentially out-price yourself for a job. A short video lesson outlines economic growth and researches job trends....
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Episode 7: Gross Domestic Product
We know that businesses can make a profit and improve their worth, but can a nation do the same? Scholars investigate the Gross Domestic Product in the seventh video lesson of a 10-part economic series. They analyze how a nation creates...
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Episode 6: Circular Flow
Does it ever seem like the more money you get, the more you spend? A short video lesson introduces the concept of goods and services changing hands in a circular flow pattern. Scholars analyze how businesses make money from selling goods...
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Episode 5: Externalities
Are those clouds or smog hovering above large cities? The fifth episode of a 10-part economic series looks into how the use of goods and services has both positive and negative externalities. Scholars use a short video to analyze how...
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Episode 4: The Labor Market
How much are your skills worth in the labor market? Young historians research how people sell their skills to an employer for a certain price, just like a good or product. They discuss what exactly helps someone market themselves to...
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Episode 3: Equilibrium
Does the economy ever achieve a perfect balance? Scholars analyze how the market balances itself with supply and demand. The third episode in a 10-part video series on economics focuses on consumer demand and its impact on overall prices...
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Episode 2: Demand
How do people respond when the price of an item increases? Do they want more or less of that item? Young economists investigate the impact of the law of demand on the economy. A short video highlights the concept of prices in relation to...
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Episode 1: Supply
It's all about timing ... when is the right time to raise the price or produce more if supply is low? The first lesson of a 10-part series on economics investigates the supply curve in business. Scholars watch a short video explaining...
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Episode 21: Fiscal Policy
Should consumers buy items they don't really need? Scholars analyze how fiscal policy determines spending at a national level. The final podcast of a 21-part economic series discusses the role the federal government plays in using...
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Episode 20: Monetary Policy
When times are bad, can the government step in and help the economy bounce back? Scholars research the role of The Federal Reserve System (FED) in assisting the economy with interest rate changes as well as influencing spending by...
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Episode 19: Costs of Production and the Shutdown Decision
The 19th podcast of a 21-part series on economics focuses on the costs of production when running a business. Historians analyze the difference between fixed, explicit, and implicit costs. They use mathematical equations to find total...
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Episode 18: The Business Cycle
Have you ever ridden a ride that goes up and down so many times it almost makes you sick? Scholars research the concept of a business cycle in the 18th podcast of a 21-part Economic Lowdown series. They investigate the factors leading to...
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Episode 17: Public Goods
Why are some goods public and others private? Scholars compare and contrast what makes an item a rival or excludable as they listen to an enlightening podcast. They investigate everything from street lights to automobiles, placing items...
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Episode 16: Elasticity of Demand
What happens when the price of an item goes up or down? Does the shift automatically affect the purchasing of that item? Historians use a short podcast to research the idea of elasticity on demand. They analyze the impact a price of an...
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Episode 15: Economic Growth
How can a mobile card reader impact the economic growth of a restaurant? Scholars investigate the concept of growing a business by using human resources in addition to tools and equipment. The 15th podcast of a 21-part series on...
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Episode 14: Getting Real about Interest Rates
It costs money to borrow money. Historians use a podcast to investigate how interest rates impact buying—and borrowing—in the marketplace. The 14th episode in a 21-part Economic Lowdown series researches the extra money people must pay...
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Episode 12: Price Signals
Does the government really control the prices of consumer products? Scholars look into the concept of price signals and how they relate to the overall buying and selling power in a market economy. The 12th lesson of a 21-part Economic...
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Episode 13: Gross Domestic Product (GDP)
Can people take the temperature of the economy to check its overall health? The 13th installment of a 21-part Economic Lowdown podcast series investigates the concept of the gross domestic product (GDP). Scholars research the goods and...
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Episode 11: Externalities
A factory provides a much needed product to the market, but it also provides ugly pollution and waste. The 11th episode of a 21-part Economic Lowdown podcast series investigates the concept of positive and negative externalities....
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Episode 10: Labor Market
Who's a good and who's a service? Scholars explore the concept of the labor market and how it influences the hiring process using an informative lesson that analyzes how employment demands influence the job market. Scholars research the...
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Episode 9: Functions of Money
Have you ever traded a cow for a car? Scholars analyze the functions of money and what it stands for in the ninth installment of a 21-part Economic Lowdown podcast series. They listen to a short podcast and imagine a world where...
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Episode 8: Market Equilibrium
Scholars research the concept of supply and demand and its overall impact on the balance of the consumer market. The 8th lesson of a 21-part Economic Lowdown podcast series investigates how the availability of an item impacts its price....