Introduction to economics | Supply, demand, and market equilibrium | Microeconomics

Khan Academy , 2012
Level: beginner
Perspective: Neoclassical Economics
Topic:
Format: Explainer Video
Duration: 00:09:58
Link: https://www.youtube.com/watch?v=8JYP_wU1JTU

This short video by the Khan Academy presents a classic introduction to economic teaching. Starting with the quote by Adam Smith in "The Wealth of Nations" on the invisible hand, it shows how economics deals with the question of the allocation of scarce resources and shortly presents different questions addressed by microeconomics and macroeconomics. It further makes reference to questions of simplification in mathematical models.

Go to: Introduction to economics | Supply, demand, and market equilibrium | Microeconomics

Tags: Adam Smith | assumptions | individual | interests | introductory courses | invisible hand | macroeconomics | markets | maths | microeconomics | simplification | welfare
The documentary features a talk of the US-American writer and economic theorist Jeremy Rifkin summarising the main points of his 2011 book "The Third Industrial Revolution."
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Aim of this intensive workshop is 1.) to introduce the participants to the macroeconomic workings of the climate crisis as the background of sustainable finance; 2.) to introduce financial assets with ESG (Environmental, Social and Governance) criteria attached to them and their markets and important institutional players; 3.) to provide a critical perspective on the current setup of sustainable finance; 4.) and to work on in-depth case studies illustrating the workings on ESG-finance markets, its emitters and traders as well as their macroeconomic implications.
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The Heterodox Economics Directory provides a broad variety of links to heterodox journals, books, conferences, study programs, teaching materials and blogs. Some categories are subdivided by schools of thoughts - it's a valuable source for heterodox material on the internet.
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Jakob Kapeller; Florian Springholz

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