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LATEST VIDEO:
Opportunity cost and tradeoffs are two fundamental concepts from economics and they are all around us. In this new Principles of Microeconomics video, Tyler Cowen shares the definition of opportunity cost: the value of your next best alternative.
LATEST RESOURCE:
Help your students understand the basics of building a supply and demand graph! They'll learn to label the price and quantity axes, then practice using a demand schedule to draw a demand curve.
LATEST CURRICULUM:
Do you teach high school economics? This free five-day unit plan uses videos, interactive games, real-world examples, Google slides, and science-of-learning techniques to introduce economics to your students.
NEW CURRICULUM:
Do you teach high school economics? This free five-day unit plan uses videos, interactive games, real-world data, Google slides, LLMs, and science-of-learning techniques to help your students understand how to choose a career in a globalizing and automating world.
NEW RESOURCE:
What are the effects of a price ceiling? This set of interactive questions uses engaging examples to help students identify changes in consumer and producer surplus on a supply and demand graph due to a price ceiling.
NEW RESOURCE:
What are the effects of a price floor? This set of interactive questions uses engaging examples to help students identify changes in consumer and producer surplus on a supply and demand graph due to a price floor.
NEW RESOURCE:
How are consumers and producers affected by changes in market prices? This set of interactive questions helps students identify changes in consumer and producer surplus on a supply and demand graph.
NEW CURRICULUM:
Do you teach high school economics? This six-day unit plan introduces inflation to students with a variety of interactive exercises and real-life examples.
NEW RESOURCE:
Who gains and who loses from a tariff? This interactive helps students understand changes in consumer and producer surplus due to a tariff.
NEW RESOURCE:
When adjusting for inflation, were Air Jordans actually cheaper back in the day? Have your students practice calculating inflation with real-world examples and rapid feedback.
LATEST VIDEO:
Josh Angrist has worn many hats: MIT professor, ‘Metrics Master, Nobel Laureate, Uber Driver…
You read that right – Josh used to drive for Uber! Find out why in this fun Q&A video, where he explores some lessons learned from his on-the-ground research.
NEW RESOURCE:
Check out the best videos, podcasts, and news articles that we have found to teach topics like supply and demand, inflation, and more!
NEW RESOURCE:
We surveyed economics teachers around the world, and here are their favorite in-person games (e.g., you play them "live" in-class) for economics classes!
UPDATED RESOURCES:
It’s almost midterm time! Are you ready? Whether you’re looking for ways to gauge students on their knowledge of supply and demand, GDP, or international trade, we have you covered!
Our questions are high quality and only accessible to verified educators. ✅
NEW VIDEO:
What are the factors that cause the demand curve to shift to the left or to the right? What does it mean when demand shifts? This video looks at real-world examples of some important demand shifters.