Data on Chinese foreign assets increase in 2010. [Economics playlist: Lesson 16 of 20]
Data on Chinese M1 increase in 2010. [Economics playlist: Lesson 15 of 20]
Data on Chinese / U.S. balance of payments. [Economics playlist: Lesson 17 of 20]
Describes a simple business, leading to a discussion on inflation/deflation. It also touches on income statements. [Economics playlist: Lesson 1 of 20]
Continues the description of the cupcake business, inflation/deflation, and the income statement. [Economics playlist: Lesson 2 of 20]
Uses a spreadsheet to show why prices decrease when utiliation is low and why prices increase when utilization is high. [Economics playlist: Lesson 3 of 20]
Discussion of the floating exchange effect on China. [Economics playlist: Lesson 19 of 20]
Discussion of the floating exhange effect on the U.S. [Economics playlist: Lesson 20 of 20]
Discussion of floating exchange resolving trade imbalance. [Economics playlist: Lesson 11 of 20]
Discusses inflation and deflation. [Economics playlist: Lesson 4 of 20]
Continues the discusion of inflation and capacity utilization. [Economics playlist: Lesson 5 of 20]
Reviews President Obama's Stimulus Package and whether the stimulus is large enough to offset the demand shock created by the contraction of credit. [Economics playlist: Lesson 6 of 20]
A review of the China / U.S. currency situation [Economics playlist: Lesson 14 of 20]
Simple analysis of cost per job saved from stimulus. [Economics playlist: Lesson 9 of 20]
Analyzes unemployment data to show that real unemployment is worse than the headline numbers show. [Economics playlist: Lesson 7 of 20]
Presents an understanding of how the headline unemployment rate (U-3) is calculated. [Economics playlist: Lesson 10 of 20]
"These three free digital courses introduce students to what data science is and why it matters. Through interactive exercises, students explore foundational data science knowledge, including collecting, visualizing, and understanding data. Data Science Foundations is the 101-course with two extension opportunities in the form of a Financial Wellness and Banking Fraud simulation."
Includes 3 courses:
*foundations
*financial wellness
*banking fraud
Here is an interview I did with an elementary student who used the design thinking process at home. He prototyped and developed a product to sell for "Market Day." According to his mother, they redesigned, remade, re-shopped, and then redesigned again. For the Ideate portion of the process, they used the Internet to generate ideas, and then went to buy supplies to prototype their product. I interviewed the student to get a glimpse of what he experienced during the learning process.
This activity allows the students to discuss the burden of student loans and financing post-secondary education. An additional aspect to this activity is the mental health aspect regarding heavy debt loads for post-secondary. The discussion could include a debate on student loans, who is responsible and can a student "walk away" from this debt? Should the government pay for post-secondary education for everyone? If yes, would you be willing to pay more taxes for free post-secondary education?Students often finance their post-secondary education, which can be very expensive over many years. How does a student pay this debt back if they are unable to finish their program, especially in expensive programs such as medicine or law?
If you find you have only a passing understanding of the daily barrage of economic news and you want to learn more, you're in the right place. Each month in Economy 101, we'll approach a different aspect of the economy in clear and simple language. Economics is about choices, and our choices are only as good as our understanding of the issues.