In this video, we learn how a nation's GDP can be calculated …
In this video, we learn how a nation's GDP can be calculated by summing up the value added by all the intermediate producers in a nation in a method called the value added approach.
Learn the definition of inflation and how inflation is measured in this …
Learn the definition of inflation and how inflation is measured in this video. Topics include the meaning of inflation, causes of inflation, and how the consumer price index (CPI) is used to track inflation. Created by Sal Khan.
There are many types of financial assets, but one of the most …
There are many types of financial assets, but one of the most well-known are stocks. In this video, learn what it means when you buy a stock or share in a company and how stocks are valued. Created by Sal Khan.
To illustrate what the functions of money are, it can help to …
To illustrate what the functions of money are, it can help to look at circumstances where those functions break down. Hyperinflation, in which prices of things increase really really fast, is one such example. Created by Grant Sanderson.
In a previous lesson we learned that there is the potential for …
In a previous lesson we learned that there is the potential for two countries to gain from trade. But it is also possible that there might not be the potential to gain from trade. In this video, we explore the circumstance that would lead to there being no gains from trade.
In this video, we explore a conflict that duopolists (and other oligopolies) …
In this video, we explore a conflict that duopolists (and other oligopolies) face: there is a tension between cooperating and forming a cartel or cheating on that cartel once it is formed. Created by Sal Khan.
Unexpected inflation or deflation takes wealth away from one group and gives …
Unexpected inflation or deflation takes wealth away from one group and gives it to another group. This video talks about the winners and losers from inflation and deflation.
Economists have long been interested in the causes of the business cycle. …
Economists have long been interested in the causes of the business cycle. In this video we define the business cycle, discuss potential reasons it exists, and explore how it may be driven by emotion. Created by Sal Khan.
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