Thinking about a consumption function where taxes are also a function of income (which is more realistic than constant taxes). Created by Sal Khan.
Convergence on macro scale, A discussion with Sal Khan.
Learn about how firms determine the optimal combination of capital and labor in this video.
A real-world example of the concepts behind the AD-AS model is the oil shocks the United States experienced in the late 1970s. In this video, we break down some of the events going on at the time and use the AD-AS model to see if our predictions using this model match what really happened. Created by Sal Khan.
A real-world example of the concepts behind the AD-AS model is the oil shocks the United States experienced in the late 1970s. In this video, we break down some of the events going on at the time and use the AD-AS model to see if our predictions using this model match what really happened. Created by Sal Khan.
Critically looking at data on ROC and economic growth over millenia. A discussion with Sal Khan.
This video illustrates how a change in the price of one good affects the quantity demanded of another good (complement or substitute).
Price of one good impacting quantity demanded of another. Created by Sal Khan.
How government borrowing could have negative effects on investment and economic growth by "crowding out" private borrowers/investors in the loanable funds market.
If you track the value of a currency, you'll notice its value fluctuates. In this video, we introduce to how exchange rates can fluctuate. Created by Sal Khan.
Data on Chinese / U.S. balance of payments. [Economics playlist: Lesson 17 of 20]
Learn about the balance of payments (BOP) by taking a look at the BOP for the United States in 2006 and how it relates to China's currency. Created by Sal Khan.
This video segment, adapted from Decision in the Streets by civil rights filmmaker Harvey Richards, portrays the interracial protests that took place in San Francisco in 1963-64.
In this video, learn about the distinction between deficits and debts, as well as the pros and cons of deficits.
Explore the basics of deflation, including the definition of deflation, how the CPI changes when there is deflation, and why economists tend to be concerned when deflation occurs. Created by Sal Khan.
One of the biggest worries associated with deflation is a deflationary spiral, in which low unemployment and a decreasing price level leads to lower unemployment and an even lower price level. Created by Sal Khan.
How you can have deflation even if the money supply increases. Created by Sal Khan.
To get a better intuition about how much a consumer values a good in a market, we think of demand as a marginal benefit curve. In this video we look at the demand curve from a marginal benefit framework. Created by Sal Khan.
Why do people hold wealth in the form of money, rather than in some other interest-earning asset? Learn about the demand for money in this video.
A real-world example of the concepts behind the AD-AS model is the inflation that the United States experienced in the late 1960s. In this video, we break down some of the events going on at the time and use the AD-AS model to see if our predictions using this model match what really happened. Created by Sal Khan.