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All About Economics and Business 1 (51:01)
Examining the nature of a market economy and how it works. This program discusses primary, secondary, and tertiary sectors of the economy. It looks at different economic models, from free market to communism and considers the effects of globalization.
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Global Economies (22:00)
Global economies are evolving at different speeds and facing both opportunities and challenges. Knowing the major markets and the stage of development for each allows businesses to determine how best to enter and expand. This video will review what is meant by the developed and developing worlds and will help viewers understand how to evaluate the expanding set of emerging market countries, which started as BRICs and has now expanded to include twenty-eight countries or more depending on the classifications used.
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Resources and Scarcity—Economics U$A: 21st Century Edition (27:51)
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Faced with dwindling resources, Congress fiercely debated whether to preserve 100 million acres of Alaskan land as a national park, or open the land for mineral exploration. World War II saw an unprecedented period of economic growth. The need to mobilize resources overseas quickly was palpable. In the 1970s U.S. textile industries risked competitive advantage in increasingly active Asian markets by investing more in the health of their workers. In all investments there are trade-offs and choices. These stories show how the cost of using some resources sometimes comes at the expense of others.
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Series: Global Economics
This four-part series provides a foundation for studying the political economy of international trade, finance, development, and natural resource competition. 4-part series, 33-39 minutes each.
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Series: Introduction to Economics
This two-part series introduces students to opportunity cost and its applications in everyday life and shows how goods and services drive economies.
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What Role Does Life Expectancy Play for the Economic Development of Countries? (12:00)
The findings on the relation between economic development and life expectancy at birth have long been contradictory. In the theoretical model and data analysis presented in this video it is shown that prolongation of life expectancy is a turning point for economic development: As UWE SUNDE explains, the effect of life expectancy on income is negative before the transition to low birth and death rates, and positive afterwards. The findings show that investments in health are crucial to trigger the development of countries.
Try these videos to get started. Must be on campus or login with your COM account for off campus access.
