Lecture Notes and Videos

 

LECTURE #1 - SCARCITY

Video on Scarcity and Choice

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LECTURE #2 - TRADE OFFS AND OPPORTUNITY COST

Video on Opportunity Cost

LECTURE #3 - FACTORS OF PRODUCTION

Video on Types of Resources

Watch the video above as a review before completing the Factors of Production worksheet. 

LECTURE #4 - THE PRODUCTION POSSIBILITIES GRAPH

LECTURE #5 ECONOMIC SYSTEMS

Market Economics According to Friedman

Steven Levitt on Drug Gangs and McDonalds

LECTURE #6 - EXTERNALITIES

LECTURE #7 - PUBLIC GOODS AND THE TRAGEDY OF THE COMMONS

LECTURE #8 THE LAW OF DEMAND

LECTURE #9 THE LAW OF SUPPLY

LECTURE #10 EQUILIBRIUM

LECTURE#11 SAVING AND INVESTING

LECTURE #12 CREDIT CARDS

LECTURE #13 DEVELOPING A BUDGET

 

LECTURE #14 The History of the National Bank

 

 

LECTURE #15 Measuring Economic Growth (GDP)