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The importance of saving and investing

Factors to consider when investing

Savings options

Investment options

Advantages and Disadvantages of credit

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Describe the origins of modern fiscal and monetary policy

Explain the tools fiscal policy uses to stabilize the economy

Explain the tools monetary policy uses to stabilize the economy

Describe the factors that limit the effectiveness of fiscal and monetary policy

Understand the positive and negative aspects of globalization

Understand how trade benefits both countries

Explain protectionism

Understand exchange rates

Describe the dangers for the world economy

Understand the steps to keep the United States competitive

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Trends in today’s labor market

How wages are determined in a labor market are determined

How to increase your human capital

Laws that are in place to help prevent discrimination in the workplace

What economists use to measure the economy

How GDP is measured

How is inflation measured

How unemployment is measured

The four types of market structures

Anti-trust laws and policies

Regulation and Deregulation of business

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Be able to define supply and demand

Understand the Laws of Supply and Demand

Construct a simple supply and demand chart from a supply and demand schedule

List the determinants of demand

List the things that can cause changes in the supply curve

Explain market equilibrium

Describe the positive and negative consequences of price floors and ceilings

Define economic elasticity and why economists use it

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Understand basic economic concepts including:

Definition of economics

Scarcity

Difference between macroeconomics and microeconomics

Opportunity cost

Three fundamental economic questions

Types of economic systems- traditional, command, market, and mixed

Comparative Advantage

Circular flow model

Importance of Adam Smith

Understand the concepts of "I, Pencil"

Explain how specialization and trade make people better off

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Vote for The Economics Party- Clifford vs Trump & Clinton

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Two points. First, politicians shouldn't make economically unrealistic promises. A single-payer health care system would be nice, so would free college education, lower taxes, paid maternity, a balanced budget, services for senior citizens, a trade surplus, and programs to alleviate poverty. Economics teaches us that we can't have it all.

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What is the Consumer Price Index and how does it work?

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What is the Consumer Price Index and how does it work?

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What is the Consumer Price Index and how does it work?

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NB2. How to calculate the unemployment rate

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Inventing the hula-hoop, from the Coen brothers screwball comedy.

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Demand and Supply- EconMovies #4: Indiana Jones

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Demand and Supply- EconMovies #4: Indiana Jones

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Demand and Supply- EconMovies #4: Indiana Jones

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Mr. Clifford explains how the Business Cycle shows the main concepts of macroeconomics

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Monetary Policy and the FED- EconMovies #9: Despicable Me

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EconMovies explain economic concepts through movies. In this episode, I use Despicable Me to explain monetary policy, interest rates, and the role of banks in the economy. Good luck studying economics. Oh, and don't mess with Janet Yellen. Thanks for watching. Please subscribe. Watch ALL episodes of Econmovies https://www.youtube.com/playlist?list...

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Levi's Master Tailor: Fit Makes A Garment | Cut & Show

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Levi's Master Tailor: Fit Makes A Garment | Cut & Show

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Levi's Master Tailor: Fit Makes A Garment | Cut & Show

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This month Levi's is launching a first-of-its-kind Made To Order jeans project in New York City's Meatpacking District store. Master Tailor Ryan Grant-Hays will be making every pair from scratch in the store's basement sewing room.

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A film from the Competitive Enterprise Institute, adapted from the 1958 essay by Leonard E. Read. For more about I, Pencil, visit http://www.ipencilmovie.org

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Invisible hand is a reference to a famous metaphor used by economist and philosopher Adam Smith in his classic 1776 book entitled "An Inquiry into the Nature and Causes of the Wealth of Nations."

The invisible hand metaphor is used to illustrate how free market dynamics make things happen for the greater good of society. It is often cited as the basis for laissez-faire economics. The idea is that individuals, acting in their own self-interest, compete for scarce resources. Because of this competition, resources are used in the most efficient and effective way, creating more wealth for both the individual and the economic system as a whole. In Smith's metaphor, it's as if an invisible hand guides the process, leading to the most beneficial outcome for everyone. Society benefits because businesses make more profit, which leads to a better quality of life for all.

Critics of the invisible hand theory argue that it is not as strong now as is was in the agrarian-based economy during Smith's lifetime. Large, powerful corporations, highly effective marketing campaigns and inefficient financial markets often block the invisible hand, preventing it from guiding scarce resources to their highest and best use.

Supporters argue that the invisible hand theory is essential for free markets and society to work in the most efficient and fair way.

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Invisible hand is a reference to a famous metaphor used by economist and philosopher Adam Smith in his classic 1776 book entitled "An Inquiry into the Nature and Causes of the Wealth of Nations." The invisible hand metaphor is used to illustrate how free market dynamics make things happen for the greater good of society.

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Fiscal Policy and Stimulus: Crash Course Economics #8

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In which Jacob and Adriene teach you about the evils of fiscal policy and stimulus. Well, maybe the policies aren't evil, but there is an evil lair involved. In this episode we learn how government use taxes and spending influence the economy. Sometimes the government gives, and sometimes it takes.

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10 Facts about the American Economy in the 18th Century

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10 Facts about the American Economy in the 18th Century

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Ten Facts About the Early American Economy

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All three institutions took deposits, "discounted" bills of credit-essentially cashed checks for a small percentage of the total value-and provided loans to merchants. Up through the 1780s, state-run "land banks" provided mortgages on improved parcels of real property.