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How to use Bloomberg to gather key macroeconomic indicators
- Subjects:
- Economics
- Keywords:
- Economics Economic indicators Social sciences -- Statistics
- Resource Type:
- Video
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Video
This lecture gives an intuitive explanation of economics concept known as "Nash equilibrium" using traffic signals as an example.
- Course related:
- AMA1D04 Understanding Social Conflicts by Game Theory
- Subjects:
- Economics and Transportation
- Keywords:
- Game theory Traffic signs signals Traffic engineering Equilibrium (Economics)
- Resource Type:
- Video
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Video
Why two not-so-loyal criminals would want to snitch each other out
- Course related:
- AMA1D04 Understanding Social Conflicts by Game Theory
- Subjects:
- Economics
- Keywords:
- Game theory Equilibrium (Economics)
- Resource Type:
- Video
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Video
This video playlist covers the topic of: 1.Microeconomics with Calculus 2: Demand and Supply. 2. Microeconomics with Calculus 3: Elasticities. 3. Microeconomics with Calculus 4: Consumer Preferences. 4. Microeconomics with Calculus 5: The Consumer’s Problem. 5. Microeconomics with Calculus 6: Solving the Consumer’s Problem. 6. Microeconomics with Calculus 7. Deriving Demand Functions. 7. Microeconomics with Calculus 8: The Hicks Decomposition. 8. Microeconomics with Calculus 9: The Slutsky Equation. 9. Microeconomics with Calculus 10: Consumer Welfare Analysis. 10.Microeconomics with Calculus 11: Short-Run Production. 11.Microeconomics with Calculus 12: Long-Run Production. 12.Microeconomics with Calculus 13: Short-Run Costs. 13. Microeconomics with Calculus 14: Long-Run Costs.
- Course related:
- AF3620 Intermediate Microeconomics
- Subjects:
- Economics
- Keywords:
- Calculus Microeconomics Economics Mathematical
- Resource Type:
- Video
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Video
In 35 episodes, Adriene Hill and Jacob Clifford teach you economics! This course is based on introductory college level curriculum and the 2015 AP Economics guidelines. By the end of this course, you will be able to: *Identify fundamental economic concepts, principles, or models and describe their similarities, differences, and limitations *Apply economic analyses to everyday life and see economics in real world situations *Discuss economic differences and similarities internationally and the roles played by various governments *Determine the outcome of an economic situation using economic concepts, principles, or models and possible effects changes have on other economic markets
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Video
In just two decades Vietnam's exports have skyrocketed. In the same time period, their GDP per capita also took a big jump from from 3 And, this is probably the only nation in Southeast Asia whose economy remained in a good shape despite the pandemic.
In 1986 Vietnam launched a political and economic innovation campaign Doi Moi that introduced reforms intended to facilitate the transition from a centralized economy to a "socialist-oriented market economy. Doi Moi combined government planning with free-market incentives. This was similar to what China was doing at that time. At first the program abolished agricultural collectives, removed price controls on agricultural goods, and enabled farmers to sell their goods in the marketplace. It encouraged the establishment of private businesses and foreign investment, including foreign-owned enterprises. By the late 1990s, the success of the business and agricultural reforms under Doi Moi was incredible. More than 30,000 private businesses had been created, and the economy was growing at an annual rate of more than 7 percent. From the early 1990s to 2005, poverty declined from about 50 percent to 29 percent of the population. However, progress varied geographically, with most development concentrated in urban areas. While the country has shifted toward a more market-oriented economy, the Vietnamese government still continues to hold a tight rein over major sectors of the economy, such as the banking system, state-owned enterprises, and areas of foreign trade.
Also from the last 20-30 years Vietnam invested a lot in its human capital and infrastructure. Vietnam made large public investments in primary education. This was necessary, as a growing population also means a growing need for jobs. But Vietnam also invested heavily in infrastructure. And those investments paid off, with the necessary infrastructure and with market-friendly policies in place, Viet Nam became a hub for foreign investment and manufacturing in Southeast Asia.
Yet despite becoming an industrial giant, Vietnam's agricultural sector is still a major pillar of the economy. Agriculture represents 14% of GDP and employs 36% of the total workforce in 2020. Whereas Industry contributed 34.5% of GDP and employed 28% of the total workforce. Service sector represented 41.6% of GDP and employed 35% of the total workforce.
Now if you look at the trade. Today China is Vietnam’s leading trading partner with a total import and export value of US$106.7 billion, making up 22.2% of the country’s total imports and exports. Apart from China, South Korea and the US combined makes 26% of total trade which is value's 120 billion dollars.
The International trade agreements of the country have been playing a good role. In 1995, Vietnam joined the Asean free trade area. Then in the year 2000, they signed a free trade agreement with the US, and in 2007 joined the World Trade Organization. While having trade agreements with China, India, Japan and Korea. And how can we forget the recently amended Trans-Pacific Partnership. These agreements are helping the country to climb up in the value chain of the world economy.
So at the end, we can say that, in the past 30 years Vietnam has achieved tremendous growth and it is still one of the fastest growing economies. And even with all these challenges, Vietnam has potential to join the club of the high income status. And who know someday they could get near the ranks of China.
- Course related:
- AF2602 Global Economic Environment
- Subjects:
- Finance and Economics
- Keywords:
- Vietnam Economic history
- Resource Type:
- Video
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Video
What is the blockchain? If you don't know, you should; if you do, chances are you still need some clarification on how it actually works. Don Tapscott is here to help, demystifying this world-changing, trust-building technology which, he says, represents nothing less than the second generation of the internet and holds the potential to transform money, business, government and society.
- Subjects:
- Finance and Economics
- Keywords:
- Banks banking -- Technological innovations Blockchains (Databases)
- Resource Type:
- Video
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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