Economics

BASIC ECONOMIC CONCEPTS

Macroeconomic Issues: unemployment, inflation, growth music video: Fight of the Century: Keynes vs. Hayek Round Two (10 min)

Monetary Policy and Business Cycle (boom bust) music vido:“Fear the Boom and Bust” a Hayek vs. Keynes Rap Anthem

Previous video and theory explained in greater detail (may be hard for some students to follow but has alot to think about): “Fear the Boom” – The Austrian Theory of Boom and Bust with Lawrence H. White (7 min)

GDP: a painful video by some girls but my give ideas for spin off assignments

ECONOMIC GROWTH AND PRODUCTIVITY

Technological progress: story of concept of icons stolen from xerox used by apple: play from minute 2:40 – 8:00 – http://www.youtube.com/watch?v=KhjVidOFqBo&feature=related

Pirates from Silicon Valley – Microsoft Steals from Apple: minutes 4:00 – 8:00 – Pirates – http://www.youtube.com/watch?v=im589uTchKs

Steve Jobs: Good Artists copy Great Artist Steal: http://www.youtube.com/watch?v=CW0DUg63lqU

FINANCIAL SECTOR

Bonds, Notes, and Bills: Market Place White Board

Tools of central bank policy – Quantitative Easing: Market Place White Board

Federal Reserve Stimulating Economy: Market Place White Board

Fiscal and Monetary Policy explained in five minutes: marketplace white board

UNEMPLOYMENT

Explore relationship between unemployment and inflation on graphs (before see phillip’s curve): rates in US and UK

INTEREST RATE

A good short market place white board video: interest rates and economic stimulus

NATIONAL INCOME AND PRICE DETERMINATION

Flow Chart for multiplier: multiplier

PPT with lots of graphs: lots of graphs with animation

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