Professor Dave Explains
Introduction to Personal Economics: The Purpose of Money
After discussing both microeconomics and macroeconomics at great length, it's time to look at personal economics. Here we discuss aspects of economics that are relevant for your daily life. Let's start with an obvious concept, money....
60 Second Histories
Trade & Money in Ancient Greece
This short video describes what bartering is and looks at the emergence of money and coinage due to trade.
Australian Broadcasting Corporation
Bartering Wool for Grain
Movin' to the Country is a series that celebrates the entrepreneurs, innovators and dreamers transforming Australia's beautiful regional areas in surprising new ways. Camels ocassionally shed, generating a very soft wool that TJ and...
Economics Explained
Could The Whole World Use Just One Currency? part 2: Frictions
Could The Whole World Use Just One Currency? part 2/4: This video discusses the history and problems of bartering and the importance of financial innovation in facilitating trade and increasing prosperity. The video also touches on the...
Professor Dave Explains
Understanding How Prices Work in a Free Market
Now that we know about supply and demand, we are ready to talk about prices, and how they dictate the dynamics of a free market economy. Free markets lead to an efficient distribution of resources, however there are exceptions, such as...
But Why
How Money Started
Early humans traded goods to get what they needed, but bartering was not practical when one person did not want or need what the other had to offer. Eventually money was invented to make economic exchanges easier and more practical....
Getty Images
CU people bartering outside market stall, Bandhavgarh National Park, India
CU people bartering outside market stall, Bandhavgarh National Park, India
Curated Video
RR7012C SASKATCHEWAN: NO FUTURE IN WHEAT?
1. Map of North America and Canada showing Saskatchewan Province
2. snow-covered prairies
3. piles of grain partially covered by snow
4. lorry loaded with grain by farmers
5. grain holders filled with grain from lorry
6. grain drier
7....
Bridgeman Arts
Market traders in Morocco, c.1960
Traders and their donkeys carrying goods going down the rocky landscape to a market. Pan of a North African market. Shots of various traders : stand / stall with vegetables, salesman of crockery / pots. Two Moroccan men fighting in the...
Crash Course
Money and Finance
Chances are, the teenagers in your economics class have some experience with money. Help them understand that money is more than the dollars and coins they feed into the school vending machines with a video from Crash Course economics....
Curated OER
Basic Economics Lesson 2 - Exchange and Prices
Trade, exchange, and price are the focus of this basic economic video. Economic theory is used to describe whether exchange occurs, which relates to human wants and mutually beneficial exchange. The scenarios provided are used to explain...