Delve deeper into currency exchange theory using Sal's hypothetical global trade scenario involving the Chinese Yuan and the US dollar. He references goods manufactured and sold in the countries using supply and demand principles,...

For about the first six minutes Sal reviews the hypothetical global trade scenario from the last video in detail, changing a few numbers to make for a cleaner example. He continues the scenario to demonstrate how the natural ups and...

Third graders write about a time they have experienced supply and demand affecting price. In this economics lesson plan, the students define basic economic words, then the teacher introduces a real-life example of supply and demand...