How can performing cannonballs into a swimming pool help us to understand the concept of marginal analysis and efficiency? Check out this video, using clips from the movie Anchorman and informative instruction, to learn more about...

The 19th podcast of a 21-part series on economics focuses on the costs of production when running a business. Historians analyze the difference between fixed, explicit, and implicit costs. They use mathematical equations to find total...

The concept of opportunity cost challenges historians to analyze how some choices come at a loss in the opening lesson of a 21-part economic series. Podcasts offer insight into the subject of what a decision costs the consumer....

Economists and accountants work with money every day, but their perspectives about that money can be very different. An informative video from Crash Course Economics explores basic elements of microeconomics, including economies of...

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...

What is the difference between the way an accountant calculates profit versus the way an economist calculates profit? Discover one take on the issue offered by Mr. Clifford, who reviews the concepts of explicit costs, implicit costs, and...

Walk your learners step-by-step through the process of creating a comparative advantage chart with a sample problem involving the production of cars and rice on a production possibilities curve.

What happens when the resources used as part of a production possibilities curve are not easily adaptable to produce both goods? Watch as an economics instructor uses an example of an economy producing pizzas and robots in...

Learn about this metric that measures a company's financial performance based on its residual wealth. [1:39]

Economic Lowdown Podcast [5:42] introduces lessons on three fundamental economic concepts including choice, scarcity and opportunity cost.

Economics lesson using hilarious clip [2:21] from Seingfeld season 2 episode in which students learn about cost-benefit analysis and the economics of crime in a humorous presentation.

Hilarious clip [4:32] from Seinfeld episode, season 7, in which students will learn about opportunity cost, variable and fixed cost, and incentive when they decide to use Newman's mail truck to arbitrage empty bottles from New York to...

Opportunity cost (and marginal cost) based on the PPF. This is an direction of economics based on tradeoffs in an area of fixed resources. [5:49]

Introduces the idea of a budget line for managing personal finances. [12:11]

Tutorial enhances the learning process by providing a slideshow and captioned video that examines the concept of diminishing marginal utility. [2:11]

Introduction to economics using notes and a corresponding video teaches students the basic definition of economics which involves individual choice. [1:12]

Discusses why the opportunity cost may increase as you move from one scenario to another. [6:05]

Looks at the difference between a firm's accounting profit and its economic profit. [8:05]

How to account for things when you own the building instead of renting it.

Students can use this interactive activity to understand comparative advantage.

A video lecture describing the conditions for perfect competition. Understand that for perfect competition there has to be no barriers to entry, no advantage for existing, good price information, and many players with identical products....