Perfect competition is a theoretical market structure in which there are many buyers and sellers, identical products (also called homogeneous products), perfect information, and no barriers to entry.
Present value is the value right now of some amount of money in the future. For example, if you are promised $110 in one year, the present value is the current value of that $110 today. Present value is one of the foundational concepts in finance, and we explore the concept and calculation of present value in this video. Created by Sal Khan.
Economists use the concept of price elasticity of demand to describe how the quantity demanded changes in response to a price change. In this video, explore a simple way to calculate the price elasticity of demand, how to interpret that calculation, and how price elasticity of demand varies along a demand curve.
We can calculate the price elasticity of supply to gauge how sensitive percent changes in quantity supplied are to percent changes in price.
Production functions describe how output is determined by various inputs. The short run is defined as the period of time in which at least one input is fixed. Anything longer than that is considered the long run.
Introduction to series analyzing income and wealth trends in the US. Created by Sal Khan.
An introduction to the Black-Scholes formula.
The income statement, revenue, gross profit, operating profit, net income, ROA and ROE. Created by Sal Khan.
Price to Earnings Ratio (or P/E ratio). Created by Sal Khan.
Introduction to the treasury yield curve. Created by Sal Khan.
In this video, the economic concepts of utility and marginal utility are introduced.
Inverse relationship between capital price and returns. A discussion with Sal Khan.
What an economist means when they say "investment" is different than what most people mean when they use it in day-to-day conversation. In this video, take a deeper dive into the investment category of real GDP. Created by Sal Khan.
Intuition as to why high real interest rates lead to low investment and why low rates lead to high investment. Created by Sal Khan.
This 9 minute video will explain what a 401(k) is and how a student can use this to build wealth for retirement. This video will enforce standard EPF. 18
This18 minute video will teach students what an Individual Retirement Account (IRA) is and specifically, the Roth IRA. This video will provide examples of how investing through a Roth IRA can build capital for later in life. This video will enforce the standard EPF. 18
This 4 minute video will define term life insurance, who should purchase and why it is cheaper than a whole life insurance policy. This video will aid in the mastery of standard EPF. 14
This 13 minute video will help students understand what an IRA or Individual Retirement Account is and more specifically, what a Traditional IRA is. This video will enforce standard EPF. 18
The difference between investment and consumption. Created by Sal Khan.
More investment vs. consumption examples. Created by Sal Khan.