Learn how interest rates, exchange rates, and international trade are intertwined in this video.
- Subject:
- Economics
- Social Science
- Material Type:
- Lesson
- Provider:
- Khan Academy
- Provider Set:
- Khan Academy
- Author:
- Sal Khan
- Date Added:
- 07/27/2021
Learn how interest rates, exchange rates, and international trade are intertwined in this video.
Democracy means "rule by the people," but what general forms does it take? Here we describe participatory democracies, pluralist democracies, and elite democracies and think about some of their potential benefits and negatives.
In this video, we introduce the field of economics using quotes from the person that many consider to be the "father" of economics: Adam Smith. Topics include the definition of economics, microeconomics, and macroeconomics as a field and the role of assumptions in economic decisionmaking. Created by Sal Khan.
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Interest is effectively a rent on money. In this video, we think about what an interest rate really is. Learn about the difference between simple interest and compound interest and how interest is calculated on a loan using an example of calculating the interest rate on a loan. Created by Sal Khan.
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Learn how mortgages work, how to use a mortgage calculator, and how to use a spreadsheet to show the payoff of a mortgage over time and the interest paid each year.
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