Investment services for stocks and options, IPOs, mutual funds, and bonds. Other financial services as well, along with community tools.
Ebay is a parody of I Want it That Way by the Backstreet Boys a #1 hit from 1999. This song contains animated lyrics and an economic explanation that are synchronized to the music. The song explores a wide range of economic issues including: markets, supply and demand, and gains from trade.
Video [2:10] and quiz teaches the concepts of Benefits of Trade and Comparative Advantage.
This site contains 21 modular, easy to use economic models, that are appropriate for class assignments or in-class demonstrations. Students can simulate all the standard models taught in most economics courses. EconModel uses the Windows OS. The simulations were developed by William R. Parke of the University of North Carolina at Chapel Hill.
Through a close study of a rich set of demographic and economic statistics, students will see the development over 150 years of two similar yet divergent colonies (Virginia and Barbados). They will work through population, land use, and trade statistics with closely-guiding questions in order to find links between one set of numbers and another.
Our standard of living depends on the pace of economic growth. That pace can be enhanced through increased productivity brought about by investment in physical and human capital and advances in technology. In this module, students will learn about these tools to increase productivity and advance our standard of living. This content from Econ Lowdown also features alignment to national Financial Literacy and/or Economics standards.
This activity helps a student recognize the consequences of Type I and Type II errors in hypothesis testing.
The department of economics at Elon changed its curriculum in 1995 to require an independent senior thesis for all majors. Since that time, this activity has evolved tremendously. In 2009, we changed the curriculum again to require a 2 semester hour Fall seminar component to go along with the 2 semester hours. of independent research each student completes in the Spring of their senior year.
In both macroeconomics and microeconomics principles courses, economists teach the virtue of markets as an allocative mechanism. But markets sometimes fail. This example allows students to simulate the market failure associated with a common property resource, a salmon fishery, and evaluate ways to control fishing. The simulation also shows the distributional results of different allocative mechanisms. The simulation was developed by Paul Romer at Stanford University and is available on the Aplia web site.
The activity is designed to be an interative lecture segment during a larger interactive lecture class period. The technique demonstrated through this example is a double entry journal.
Very funny clip [0:40] from Seinfeld Season 8 discusses the exchange rate to give students a sense of the what the exchange rate is and the difference between nominal and real exchange rates.
Economics lesson on unintended consequences taught with humor from this Seinfeld video clip [0:44] in which Kramer burns down the cabin of George's new girlfriend.
Hilarious clip [2:53] from Seinfeld season 4 teaches about the black market and gains from exchange when Kramer deals with Cuban cigars.
Video clip [3:42] from season 2 of Seifneld demonstrates the economic concepts of rationing mechanism and opportunity costs when Jerry is willing to pay to be seated at the restaurant.
Video clip [4:12] from Seinfeld season 2 in which Elaine wonders why restauarant seating isn't allocated based on "level of hunger" demonstrating with humor the economic terms of efficiency and rationing mechanisms.
Funny clip [6:09] from Seinfeld episode demonstrates the economic concepts of substitute product and determinants of demand.
Economics lesson on trade-offs and opportunity costs taught through the hilarity of a Seinfeld episode video clip. [6:22]
Very funny Seinfeld episode clip [2:52] from which students learn from Elaine, Jerry and Kramer about the fundamental economic concepts of signaling, utility and deadweight loss of gift giving.
Video clip [1:57] from Seinfeld episode teaches about the economic concepts of externality, incentives and property rights when Kramer, Elaine and Newman devise a scheme to relocate a dog that keeps Elaine up at night.
A lesson on the economics and mathematics concepts of game theory, incentives and changes in payoff taught through a video clip [1:27] from this very funny final episode of Seinfeld.