Explore one of the key concepts of macroeconomics with Mr. Clifford, who guides students through understanding the exchange of goods and services between countries, imports and exports, trade deficits, and current versus financial accounts.

Concepts

international trade, imports, exports, macroeconomics

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Additional Tags

social studies

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Instructional Ideas

• Assign this video as homework or a flipped classroom resource, and then have students re-teach the concept the next day in class to demonstrate their understanding

Classroom Considerations

• This video is hosted on YouTube

Pros

• Walks learners step-by-step through economic concept, using illustrations on a whiteboard and graphs
• Video periodically displays text at bottom of screen to emphasize key concepts

Cons

• Instructor moves fairly quickly through concepts

Common Core

RH.11-12.4 RH.11-12.7