The most common forms of competition you learn about in microeconomics are perfect competition, monopolies, oligopoly, monopsony, and monopolistic competition. In this video we briefly describe the key features of each.
Examining the two extremes of elasticity, perfectly elastic and perfectly inelastic demand, can help us beter understand the intuition behind this measure. Created by Sal Khan.
This activity is designed to accompany the contextual essay “Keeping the Faith: African Americans Return to Congress, 1929–1970,” from the Black Americans in Congress website, history.house.gov/exhibitions- and-publications/baic/black-americans-in-congress/. Students have the opportunity to learn more about the Black Americans who served in Congress from 1929 to 1970. Students are encouraged to analyze the role African-American Representatives and Senators played in Congress during this era, as well as the ways in which they may have changed the institution.
Bankruptcy is the situation is when a person or other economic agent that owes more money than they will be able to pay back. In the United States, people who declare personal bankruptcy can do so under two provisions of the United States Bankruptcy Code, Chapter 7 or Chapter 13. Under the provisions of Chapter 13, some kinds of debt are restructured so that at least some of the debts are repaid. However under Chapter 7, some kind of debts are completely eliminated. In this video, we explore some of the differences between Chapter 7 or Chapter 13 bankruptcies, and some of the considerations when people consider these forms of bankruptcy need to think about. Created by Sal Khan.
An overview of Personal rights. Created by Kimberly Kutz.
When a norm is violated, it's referred to as deviance. And though the word, deviance, seems negative, it's not. It simply means that an individual's behaving differently from what society feels is normal behavior.
Information and examination into political campaigning, a small primary source excerpt, and an audio clip of Calvin Coolidge about Law and Order while he attempts to persuade voters.
In 1958, economist Bill Phillips described an apparent inverse relationship between unemployment and inflation. Later economists researching this idea dubbed this relationship the "Phillips Curve". Learn about the curve that launched a thousand macroeconomic debates in this video. Created by Sal Khan.
Smithsonian. This resource includes a 26 minute video interview with the photographer, and a collection of photographs of the Civil Rights Movement. Students are encouraged to analyze primary sources and discuss the impact of the photographs on the Civil Rights Movement.
Piketty's two drivers of divergence. A discussion with Sal Khan.
This lesson is designed to emphasize how individuals' worldviews affect their method of expressing themselves and of telling stories. People describing the same thing will convey very different things depending on their worldviews (composed of their personal philosophy, religion, and even their job or discipline). Students will compare primary documents and analyze the motives of the speaker, and the author's intended audience. They will respond to these comparisons in writing and then by creating a representation of what they studied for a timeline.
Students will use a U.S. Census Bureau data tool called State Facts for Students to analyze the population data of their state. They will write the data in several forms, round the numbers, and then compare their state’s population with that of a nearby state.
Students will learn how the U.S. Census Bureau helps emergency responders provide support during natural disasters. Then, the teacher will set up various stations around the room to encourage peer-to-peer learning in small groups. Students will rotate from station to station, completing tasks such as creating an emergency preparedness kit, determining the states with the highest risk for hurricanes, and reviewing a series of photos of houses to determine which are most likely to survive a natural disaster.
After losing twice in the lower courts, Plessy took his case to the U.S. Supreme Court, which upheld the previous decisions that racial segregation is constitutional under the "separate but equal" doctrine. This resource includes teacher materials, guides, and activities for teaching about this Supreme Court case.
This collection uses primary sources to explore the poetry of Emily Dickinson. Digital Public Library of America Primary Source Sets are designed to help students develop their critical thinking skills and draw diverse material from libraries, archives, and museums across the United States. Each set includes an overview, ten to fifteen primary sources, links to related resources, and a teaching guide. These sets were created and reviewed by the teachers on the DPLA's Education Advisory Committee.
This collection uses primary sources to explore the poetry of Maya Angelou. Digital Public Library of America Primary Source Sets are designed to help students develop their critical thinking skills and draw diverse material from libraries, archives, and museums across the United States. Each set includes an overview, ten to fifteen primary sources, links to related resources, and a teaching guide. These sets were created and reviewed by the teachers on the DPLA's Education Advisory Committee.
A Library of Congress overview of the history behind political parties in the United States.
A compilation of Primary Sources and Lesson suggestions from the Library of Congress about Political Parties. Contains text, video, and audio primary sources. Both historical and contemporary focus.
information and examination of the political party primary process. Both historical and contemporary analysis.
How liberals, conservatives, and libertarians think about fiscal and monetary policy. Discussion of Keynesian and supply-side economics.