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Students read about the Federal Reserve System's structure and goals and the tools it uses to control the flow of money and credit in the economy. At the end of this activity, learners are asked to write how they would solve specific economic problems if they served on the Fed's Board of Governors.
- Subjects:
- Economics and Finance
- Keywords:
- Money supply Fiscal policy Macroeconomics
- Resource Type:
- Others
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Others
In this learning activity you'll calculate exchange rates to determine the impact of prices of exports and imports.
- Subjects:
- Economics and Finance
- Keywords:
- Foreign exchange rates International trade
- Resource Type:
- Others
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Video
In this learning activity you'll construct a production possibility model.
- Subjects:
- Economics
- Keywords:
- Production (Economics) Production possibility curve
- Resource Type:
- Video
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Video
Yochai Benkler explains how collaborative projects like Wikipedia and Linux represent the next stage of human organization.
- Subjects:
- Economics
- Keywords:
- Online social networks Information technology -- Economic aspects Technological innovations -- Social aspects
- Resource Type:
- Video
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Video
In 2013, international migrants sent $413 billion home to families and friends — three times more than the total of global foreign aid (about $135 billion). This money, known as remittances, makes a significant difference in the lives of those receiving it and plays a major role in the economies of many countries. Economist Dilip Ratha describes the promise of these “dollars wrapped with love” and analyzes how they are stifled by practical and regulatory obstacles.
- Subjects:
- Economics
- Keywords:
- Emigrant remittances
- Resource Type:
- Video
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Video
Loretta Napoleoni details her rare opportunity to talk to the secretive Italian Red Brigades -- an experience that sparked a lifelong interest in terrorism. She gives a behind-the-scenes look at its complex economics, revealing a surprising connection between money laundering and the US Patriot Act.
- Subjects:
- Criminology and Economics
- Keywords:
- Money laundering Terrorism -- Economic aspects
- Resource Type:
- Video
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Others
In this learning activity you'll describe inflation, its causes, and the negative consequences of it.
- Subjects:
- Economics
- Keywords:
- Inflation (Finance)
- Resource Type:
- Others
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Video
What would a sustainable, universally beneficial economy look like? "Like a doughnut," says Oxford economist Kate Raworth. In a stellar, eye-opening talk, she explains how we can move countries out of the hole -- where people are falling short on life's essentials -- and create regenerative, distributive economies that work within the planet's ecological limits.
- Subjects:
- Economics
- Keywords:
- Economic development Sustainable development
- Resource Type:
- Video
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Courseware
This course provides a rigorous treatment of non-cooperative solution concepts in game theory, including rationalizability and Nash, sequential, and stable equilibria. It covers topics such as epistemic foundations, higher order beliefs, bargaining, repeated games, reputation, supermodular games, and global games. It also introduces cooperative solution concepts—Nash bargaining solution, core, Shapley value—and develops corresponding non-cooperative foundations.
- Subjects:
- Economics and Mathematics and Statistics
- Keywords:
- Game theory
- Resource Type:
- Courseware
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Courseware
In this course, students will learn basic linear algebra necessary to understand the operations regarding derivatives of functions with more than one variable to investigate maximum and minimum values of those functions with economics applications in mind. Students will also see how to solve linear systems and then how to turn them into problems involving matrices, then learn some of the important properties of matrices. This course will focus on topics in linear algebra and multivariable differential calculus suitable for economic applications. Recorded Summer 2013
- Subjects:
- economic applications, matrices, Economics, and Mathematics and Statistics
- Keywords:
- Economics Mathematical
- Resource Type:
- Courseware