Difference between wealth and income
(View Complete Item Description)An introduction to the difference between wealth and income. Created by Sal Khan.
Material Type: Lesson
An introduction to the difference between wealth and income. Created by Sal Khan.
Material Type: Lesson
More on the "Plutsky Plan". Created by Sal Khan.
Material Type: Lesson
Alternate plans and moral hazard. Created by Sal Khan.
Material Type: Lesson
An introduction to the book Capital by Thomas Piketty. Created by Sal Khan.
Material Type: Lesson
Hypothetical bank balance sheet. What book value means. Created by Sal Khan.
Material Type: Lesson
US taxation trends in post war era. Created by Sal Khan.
Material Type: Lesson
Economic models are a way of taking complicated ideas and events and breaking them down into their most important characteristics. We use models in economics so that we can focus our attention on a few things instead of getting bogged down a lot of details. In this video, learn more about the role that models play in economics, and the importance of the assumptions that underlie those models.
Material Type: Lesson
Economic growth is an expansion of the capacity to produce, not just a temporary fluctuation in GDP. In this video, learn about the definition of economic growth and how growth occurs.
Material Type: Lesson
Contrasting Keynesian and Classical Thinking. Created by Sal Khan.
Material Type: Lesson
Economic growth is an expansion of the capacity to produce goods and services. Economists traditionally believed that expanding the stock of capital leads to economic growth. In this video, we explore the important link between investment and growth using the PPC model. Created by Sal Khan.
Material Type: Lesson
In this video we explore why it is hard for a monopolistic competitor to make economic profit in the long run. Created by Sal Khan.
Material Type: Lesson
A rational agent considers both accounting profit and economic profit. In this video, see an example highlighting the difference between accounting profit and economic profit from a business and a discussion of explicit and implicit costs of operating a business.
Material Type: Lesson
Learn about how to represent a monopoly market graphically in this video. Topics covered include the profit-maximizing quantity, pricing decisions, and deadweight loss associated with monopolies.
Material Type: Lesson
Accounting profit is what many people tend to think of when they think profit, but an economist would say that you leave something very important out when you do so: opportunity costs. In this video, explore the difference between a firm's accounting and economic profit. Created by Sal Khan.
Material Type: Lesson
ECONOMICS GRADE 10 TOPIC: Introduction to demand By the end of this lesson, learners should know how to:define Economicsdefine demandstate the law of demandlist and discuss the factors which determine demanddraw the demand curve using the demand scheduledifferentiate between changes in quantity demanded and changes in demand
Material Type: Assessment, Diagram/Illustration, Homework/Assignment, Lesson, Textbook
Understanding the long term supply curve in terms of economic profit. Created by Sal Khan.
Material Type: Lesson
An overview of Economic rights. Created by Kimberly Kutz.
Material Type: Lesson
How liberals, conservatives, and libertarians think about fiscal and monetary policy. Discussion of Keynesian and supply-side economics.
Material Type: Lesson
A firm in a perfectly competitive market might be able to earn economic profit in the short run, but not in the long run. Learn about the process that brings a firm to normal economic profits in this video.
Material Type: Lesson
This is an Economics Grade 11 e-learning course that will be only focused on one module: the circular flow. Learners are expected to bring their prior grade 9 and 10 knowledge on the circular flow as it will be needed for grade 11 knowledge building. On this particular module, learners will be required to:Define the concept 'circular flow'Compare open and closed economyGive examples of participants that fall in either open or closed economyDifferent between factors market and product market
Material Type: Activity/Lab, Assessment, Case Study, Full Course, Homework/Assignment, Reading