ACDC Leadership
EconMovies 5: Cars (GDP, Recession, and Fiscal Policy)
Compare and contrast world economies and their differences in capital, and examine the four components of GDP with a dynamic speaker and scenes from the movie Cars. The video draws connections between the film and topics such as the...
C-SPAN
On This Day: 2008 Financial Crisis
Was the financial crisis of 2008 a repeat of the stock market crash of 1929? A thought-provoking resource explores the effects of the 2008 crisis with the words of then-future President Obama. Historians hear a brief outline of the...
Crash Course
Introduction: Crash Course U.S. Government and Politics
What does the government do, exactly? Scholars investigate the many roles government plays in the everyday lives of Americans. The short video clip leads to open discussion of the functions of government and politics in the United...
Crash Course
Fiscal Policy and Stimulus
A country with high recessionary and inflationary gaps has several options to stimulate growth. A video focused on fiscal policy inspires young economists to explore the ways a government can influence, regulate, and stabilize (or...
Crash Course
Intro to Economics
There's an opportunity cost to everything you do, but it's minimal when you're learning about an applicable topic like economics. Join the Crash Course team as they introduce a 35-part video series on economics and briefly address some...
Emergent Order
Robert Skidelsky on Keynesian Economics - It's All About Spending
Get the full scoop on John Maynard Keynes and the origins of his incredible influence on macroeconomics and the role of government. British economist Robert Skidelsky offers unique insight into Keynesian economics and its fundamental...
Jacob Clifford
Multiplier and Spending Practice
Walk your learners through the process of how government determines to shift its spending in order to address a recessionary gap using the multiple propensity to consumer.
Jacob Clifford
Fiscal Policy: Non-Discretionary vs Discretionary
Review the difference between discretionary and non-discretionary fiscal policy, and the various types of government actions that belong in each category.
Jacob Clifford
Inflationary and Recessionary Gaps with Fiscal and Monetary Policy
Where does the long run aggregate supply curve in graphs of an inflationary and recessionary gap? Check out this video for instruction on this process, as well as to learn about the motivations behind monetary and fiscal policy in...
Khan Academy
Illinois Pension Obligations
Impress upon your young citizens and economists the issues at stake with underfunded pension plans, which are projected to cut into very important areas of investment, such as education, in order to fund the appropriate liabilities. This...
Khan Academy
PPACA or "Obamacare"
Using illustrations and sample figures, this video very clearly explains the arguments for and against components of the Affordable Care Act, or Obamacare, such as the controversial issue of an individual mandate and how pre-existing...
TED-Ed
How State Budgets are Breaking US Schools
Bill Gates delves into the big money world of state budgets in the United States, emphasizing the need for greater scrutiny and developing a deeper understanding of the implications of worsening deficits. Gates incorporates a variety of...
Crash Course
Crash Course Government and Politics #46: Market Economy
Crash Course Government and Politics video covers government role in in the economy and how the government creates and maintains a market economy. [9:38]
Khan Academy
Khan Academy: Unemployment: Simple Analysis of Cost Per Job Saved From Stimulus
A simple analysis of the cost per job that was saved by stimulus spending. [3:10]
Khan Academy
Khan Academy: Is Lm Model: Government Spending and the Is Lm Model
Check out how a change in fiscal policy shifts the IS curve. [7:09]
Khan Academy
Khan Academy: National Savings and Investment
The market for loanable funds brings savers and borrowers together. We can also represent the same idea using a mathematical model. In this video, learn about savings and investment identity. [3:25]
Khan Academy
Khan Academy: Calculating Change in Spending or Taxes to Close Output Gaps
Recall that the tax multiplier and expenditure multiplier magnify the effect of any change in spending or taxes. In this video (6:54], we use that fact to calculate the amount of spending or tax change necessary to close output gaps.
Khan Academy
Khan Academy: Fiscal Policy to Address Output Gaps
This video explains how fiscal policy can be used to close output gaps. Fiscal policy means using either taxes or government spending to stabilize the economy. Expansionary fiscal policy can close recessionary gaps and contractionary...
Khan Academy
Khan Academy: Fiscal and Monetary Policy in Parallel
In previous lessons, we've learned how expansionary monetary policy and expansionary fiscal policy can be used to mitigate a recession, but they don't have to be used in isolation from each other. Learn what happens when they are used at...
Khan Academy
Khan Academy: Government Spending and the Is Lm Model
Sal Khan demonstrates how a change in fiscal policy shifts the IS curve. [7:08]
Khan Academy
Khan Academy: Deficits and Debt
In this video, learn about the distinction between deficits and debts, as well as the pros and cons of deficits. [7:40]
Science Friday Initiative
Science Friday: Parsing the Budget Bills
The signing of the debt ceiling bill this week may lead to sizable cutbacks in energy and environmental programs.