Graphing Practice

Market failure and the effects it has in terms of social benefit is the focus of this eight-page packet. Perfect for homework, this set of excellent worksheets provides several scenarios and graphs that show positive and negative...

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. 

Help your learners get a better handle on marginal cost and product curves, and review the process of completing charts and graphs associated with this concept.

What happens when the resources used as part of a production possibilities curve are not easily adaptable to produce both goods? Watch as an economics instructor uses an example of an economy producing pizzas and robots in...

Delve into the production possibilities curve and capital goods through the lens of this engaging presenter and the story of Monsters Inc. The video clip uses plot points and scenes from the film in order to illustrate the concept of...

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...

Before delving into the concept of cost curves in your class, discuss the relationship between inputs and outputs and the law of diminishing marginal returns. Here, an instructor uses data and graphs representing friends mowing...

What is the fiscal cliff, what does it imply, and why are some people fearful of it? This video uses President Obama's proposed budget proposal of 2013 and that of republicans to provide a context for understanding the fiscal cliff. The...

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...

Demonstrate the important economic principles of the production possibilities curve, including how to calculate opportunity cost and graph curves by using a table or calculation. Learners use a variety of methods, including videos,...