How do savers and borrowers find each other? In the market for loanable funds! In this video, learn how the demand of loanable funds and the supply of loanable funds interact to determine real interest rates.
Students read both documents and fill out the venn diagram to compare and contrast them.
This is a BlendSpace lesson on the persuasive appeals - ethos, logos, and pathos. It involves note-taking, an understanding check quiz, and an application assignment in which students analyze a commercial or print ad for its use of ethos, logos, and pathos.
We claim that aggregate supply is not responsive to changes in the price level in the long run, leading to a vertical long-run aggregate supply (LRAS) curve, but why? In this video we explore why aggregate supply may not be influenced by prices in the long-run. Created by Sal Khan.
In this video we explore the long run average total cost curve and how average costs vary when all inputs can be adjusted.
In this video, we compare and contrast the long run outcomes for monopolistic competition, monopolies, and perfect competition.
A firm in a perfectly competitive market might be able to earn economic profit in the short run, but not in the long run. Learn about the process that brings a firm to normal economic profits in this video.
A demand shock has a short-run effect on an output and unemployment, but in the long run only the price level will be impacted. If there is an increase in aggregate demand, the price level will go up. Once wages have adjusted to that inflation in the long run, SRAS decreases and returns the economy to full employment output. Shocks do not cause economic growth, only changes in full employment output cause economic growth.
A constant cost industry is an industry where each firm's costs aren't impacted by the entry or exit of new firms. Learn about the difference between the short run market supply curve and the long run market supply curve for perfectly competitive firms in constant cost industries in this video.
In some industries, the number of firms in the market has an impact on the costs that firms face. For example, when firms have to compete with each other over resources, firms' costs increase as more firms enter the market. But in other industries, more firms actually lower costs for firms. Learn about the implications of each of these situations on the long-run supply curve in an industry.
In a long straddle you benefit from large price movements. In this video we explore what a straddle is with options and see an example of a long straddle. Created by Sal Khan.
Understanding the long term supply curve in terms of economic profit. Created by Sal Khan.
Leveraging a diagram from the New York Times to look at trends in inflation adjusted income since 1980. Discussion of possible levers that could be driving the trends. Created by Sal Khan.
Lower Bound on Forward Settlement Price. Created by Sal Khan.
Case background and primary source documents concerning the Supreme Court case of Lucas v. South Carolina Coastal Council. Dealing with the "regulatory taking" of property, this lesson asks students how much they think the government should be able to regulate property before it becomes a "taking" requiring just compensation.
The expenditure and tax multipliers depend on how much people spend out of an additional dollar of income, which is called the marginal propensity to consume (MPC). In this video, explore the intuition behind the MPC and how to use the MPC to calculate the expenditure multiplier. Created by Sal Khan.
What was James Madison's background? How did he feel about the idea of democracy? What ideas did he contribute to the drafting of the Constitution? Larry Kramer, Dean at Stanford Law School, discusses Madison's legacy.
Jack Rakove, William Robertson Coe Professor of History and American Studies at Stanford University, briefly discusses James Madison's role in the framing and ratification of the Constitution, as well as the legal approach of Originalism.
Jack Rakove, William Robertson Coe Professor of History and American Studies at Stanford University, briefly discusses James Madison's role in the framing and ratification of the Constitution, as well as the legal approach of Originalism.
This video from Religion & Ethics Newsweekly gives a primer on the history and evolution of madrasahs, institutes of higher learning in Islamic studies.