Supply and demand together determine market equilibrium. The fourth episode discusses three aspects of inflation: what it is, what causes it and how it is measured. To an economist, however, elasticity can have a whole other meaning. Listen on Apple Podcasts In this episode of the Economic Lowdown podcast series, you’ll learn about how the Federal Reserve uses monetary policy to influence the economy. In this course, we've discussed fundamental concepts in economics. The series covers topics in economics, personal finance, banking and monetary policy. Learn more in this episode. About Podcast Discover the hidden side of everything with Stephen J. In the end, students see how economic principles affect the choices they make in their everyday lives. Show Economic Lowdown, Ep Costs of Production and the Shutdown Decision - Mar 31, 2017 This episode of The Economic Lowdown podcast series describes how businesses consider costs when making decisions – including about whether to shut down. Pipelaying on the 9.5 billion-euro ($11.2 billion) link will restart Dec. 5 after being halted for a year because of the sanctions, Nord Stream 2 company spokesman Jens Mueller said by email. Copyright © 2020 Apple Inc. All rights reserved. The Economic Lowdown is a podcast series produced by the Economic Education department of the St. Louis Fed for high school students. In the end, students see how economic principles affect the choices they make in their everyday lives. Geared to a Main Street audience, this eânewsletter provides a sampling of the latest speeches, research, podcasts, videos, lesson plans and more. Economic Growth Hopefully the forces that cause changes in supply and demand aren't mysterious anymore. This episode of The Economic Lowdown defines the characteristics of private and public goods and explains why these characteristics help determine who is best positioned to produce each. Show Economic Lowdown, Ep Monetary Policy - Jun 16, 2017 In this episode of the Economic Lowdown podcast series, you’ll learn about how the Federal Reserve uses monetary policy to influence the economy. The Economic Lowdown podcast series is produced by the Economic Education department of the St. Louis Fed for high school and college students. The word "elasticity" is commonly used to describe things that have a stretchy quality to them. Adam Smith described self-interest and competition in a market economy as the "invisible hand" that guides the economy. Gross Domestic Product (GDP) Chapter 6: Price and Quantities: Putting Supply and Demand Together Main Idea: The price of nearly everything you buy is determined by the interaction of supply and demand. In this course, we've discussed fundamental concepts in economics - supply and demand. The series covers topics in economics, banking and monetary policy. A review of economic principles is good for society. Economic Lowdown Podcast Series > Market Equilibrium - The Economic Lowdown Podcast Series. That spillover effect is called an externality. In this course, we've discussed fundamental concepts in economics. The podcasts use clear, simple language to describe the economic concepts presented. Basics of how U.S. economy works in an approachable, succinct, and practical format. This of podcast provides information in a clear and interesting format. Economic Lowdown Podcast Series Supply - The Economic Lowdown Podcast Series This episode of our Economic Lowdown Podcast Series discusses the supply side of the market - the law of supply, slope of the curve and the difference between a change in supply and a change in quantity supplied. YouTube, Available from: Businesses are especially aware of costs because costs affect profits, and without profits a business might not survive. In the end, students see how economic principles affect the choices they make in their everyday lives. The loss of jobs and income can have lasting impacts on people’s lives. In this episode, you will learn how inflation influences the real return on your deposits, how it impacts borrowers and lenders differently, and why price stability—a responsibility of the Federal Reserve System—is important. This episode describes how businesses consider costs when making decisions – including about whether to shut down. In the end, students see how economic principles affect the choices … The economic building blocks of land, labor, capital, and entrepreneurship reveal the keys to success in the business world. In this episode of the Economic Lowdown podcast series, youâll learn about how the Federal Reserve uses monetary policy to influence the economy. Econ Lowdown is a FREE platform with award-winning economics and personal finance resources for K-12 and college classrooms. Economists use the term business cycle to describe the ups and downs, or fluctuations, in an economy. The Economic Lowdown video series is produced by the Economic Education department of the St. Louis Fed for high school and college students. Opportunity Cost There are positive ones, too. Let's recap. This episode examines the law of demand. In a record-breaking month that added $1.7 trillion … The podcasts use clear, simple language to describe the economic concepts presented. The seventh episode discusses the supply side of the market - the law of supply, slope of the curve and the difference between a change in supply and a change in quantity supplied. Public Goods Whether you realize it or not, its decisions affect you. Externalities The law of supply describes the behavior of sellers. In the end, students see how economic principles affect the choices … The Economic Lowdown podcast series is produced by the Economic Education department of the St. Louis Fed for high school and college students. Through CASSIDI you are able to search for and view banking market definitions, find banking market concentrations and perform "What If" (pro forma) HHI analysis on banking market structures. Elasticity of Demand Cus-tomize graphs and share them via e-mail or post them on Twitter or Facebook. PODCASTS, VIDEOS & TOOLS PODCASTS, VIDEOS & TOOLS Apps. Central Banker: News from the St. Louis Fed, In Plain English: Making Sense of the Federal Reserve, Economics and Personal Finance Glossary and Flashcards, Materials and Videos from Featured Events, Center for Household Financial Stability HOME, Manuals, Regulations, Laws & Other Guidance, Costs of Production and the Shutdown Decision, The Role of Self-Interest and Competition in a Market Economy, Factors of Production/Productive Resources, In Plain English - Making Sense of the Federal Reserve. Selected Podcast Series. Listeners discover that supply and demand work together to determine the market equilibrium - and the prices of the things you buy. The series covers topics in economics, banking and monetary policy. The podcasts use clear, simple language to describe the economic concepts presented. Marginal Revolution University: Monetary Policy and the Fed In this episode, you’ll learn about how the government uses fiscal policy to influence the economy. Love it! In your inbox before the open, every day. All forms, though, have always had three things in common. Those who love candy bars will find this lesson especially easy to digest. The series covers topics in economics, banking and monetary policy. How does this reflect the key question? Find out what in this eight-minute episode. They access podcasts and video links online to analyze how people access capital to improve business. A "gameshow" quiz winds up the nine-minute lesson. • Episode 2: Demand. The podcasts use clear, simple language to describe the economic concepts presented. The second episode introduces factors of production, the resources that are the building blocks of the economy. The series covers topics in economics, banking and monetary policy. Inflation Timely Topics; Economic Lowdown Podcasts; Women in Economics; Selected Video Series. The podcasts use clear, simple language to describe the economic concepts presented. This episode of the Economic Lowdown Podcast Series covers the basics of unemployment—how it is defined, how it is measured, and how it is categorized into three types. Связанные с – The Economic Lowdown podcast series is produced by the Economic Education department of the St. Louis Fed for high school and college students. Economic Lowdown Podcast Series > Unemployment - The Economic Lowdown Podcast Series. Teacher Login | Student Login Econ lowdown opportunity cost answers. In-text: (Circular Flow - The Economic Lowdown Video Series, Episode 6 | Economics and Personal Finance Education Resources | St. Louis Fed, 2015) Your Bibliography: Stlouisfed.org. Scholars use Econ Lowdown to research the four factors of production in the second lesson of a 21-part economic series. Relaterat – The Economic Lowdown podcast series is produced by the Economic Education department of the St. Louis Fed for high school and college students. In this episode, hear how price signals from gas prices influence decision-making for both a father of three and a production supervisor for an oil refinery. Economic Lowdown Podcast Series Opportunity Cost - The Economic Lowdown Podcast Series In this episode of The Economic Lowdown Podcast Series , we introduce three topics in economics: choice, scarcity and opportunity cost. The Economic Lowdown podcast series is produced by the Economic Education department of the St. Louis Fed for high school and college students. Inflation. This is Econ 101. Circular Flow - The Economic Lowdown Video Series, Episode 6 | Economics And Personal Finance Education Resources | St. Louis Fed. This is somewhat similar to The Bankster Podcast by Alexander Bagehot's. Want the lowdown on European markets? Freakonomics Radio. A demand curve is simply defined, as are the sorts of changes that might affect that curve—all in less than seven minutes. “Recession” is one of the scariest words in economics. How does the economy get back on track when it’s off course? Sign up here. Costs of Production and the Shutdown Decision. This episode of our Economic Lowdown Podcast Series answers a crucial economic question: Where do prices come from? … The Economic Lowdown podcast series is produced by the Economic Education department of the St. Louis Fed for high school and college students. The podcasts use clear, simple language to describe the economic concepts presented. Market Equilibrium The episode also addresses related topics such as deflation, disinflation and the role of the Federal Reserve in monitoring inflation. Discussion Unit 4 Recall the text’s definition of diminishing marginal utility: “the common pattern that each marginal unit of a good consumed provides less of an addition to utility than the previous unit. In this course, we've discussed fundamental concepts in economics. Demand In the end, students see how economic principles affect the choices they make in their everyday lives. ``In this episode of The Economic Lowdown podcast series, you’ll learn about how the Federal Reserve uses monetary policy to influence the economy.`` Podcast. Learn more about externalities in this episode. 2015. The Economic Lowdown podcast series is produced by the St. Louis Fed for high school and college students. The Economic Lowdown podcast series is produced by the Economic Education department of the St. Louis Fed for high school and college students. The Role of Self-Interest and Competition in a Market Economy Factors of Production Hopefully the forces that cause changes in supply and demand aren't mysterious anymore. You may experience slow performance or interrupted sessions on Monday, November 30, 2020, from 4 PM until 7 PM Central Time due to system maintenance. The series covers topics in economics, banking and monetary policy. Labor Market This episode explains these concepts and their importance to our understanding of the economic system. In this episode, you’ll learn about how the Federal Reserve uses monetary policy to influence the economy. The series covers topics in economics, banking and monetary policy. The Economic Lowdown podcast series is produced by the Economic Education department of the St. Louis Fed for high school and college students. Resources: (if appropriate) ACDCL (2014) Scarcity and Exchange – EconMovies#1: Star Wars. FRED Mobile; FREDcast; Selected Podcast Series. Unemployment The Economic Lowdown Podcast Series The Economic Lowdown is a podcast series produced by the Economic Education department of the St. Louis Federal Reserve Bank for high school students. You may experience slow performance or interrupted sessions on Monday, November 30, 2020, from 4 PM until 7 PM Central Time due to system maintenance. Selected Video Series. The Business Cycle On a graph, market equilibrium is the point where the supply and demand curves intersect. In this episode, young people who are looking for that first job can learn about the basics of the labor market in this country. The series covers topics in economics, banking and monetary policy. VIDEOS Access over 200,000 data series from 59 regional, national and international sources. Getting Real about Interest Rates Prices send signals and provide incentives for buyers and sellers in ways you possibly never thought about. The podcasts use clear, simple language to describe the economic concepts presented. Price Signals A demand curve is simply defined, as are the sorts of changes that might affect that curve—all in less than seven minutes. From micro to macro, in this episode, we'll take a look at economic growth—how innovation and technological progress can make things happen for the economy over time by organizing the factors of production to be, well, more productive. Do you know the difference between nominal and real interest rates? This episode answers a crucial economic question: Where do prices come from? Explore data, research and more in FRASER, our digital library. The series covers topics in economics, banking and monetary policy. In a market economy, price signals prevent massive shortages and ensure that consumer wants are largely satisfied. How does the economy get back on track when itâs off course? Apps. The podcasts use clear, simple language to describe the economic … Learn more about the Econ Lowdown Teacher Portal and watch a tutorial on how to use our online learning resources. Hosted by David Beckworth of the Mercatus Center – a George Mason University think tank – Macro Musings is a podcast that pulls back the curtain on important macroeconomic issues of the past, present, and future. Elasticity is a measure of how sensitive, or responsive, consumers are to a change in price. A brief explanation is given of the roles played by education, supply, demand, productivity and government regulation. Three topics in economics are introduced in the first episode: choice, scarcity and opportunity cost. Money has taken many forms through the ages: shells, wheels, beads and even cows. Supply and demand also determine the quantity of goods and services that are bought and sold in a market. Use Econ Lowdown Online Learning in Your Classroom! The Economic Lowdown podcast series is produced by the Economic Education department of the St. Louis Fed for high school and college students. âRecessionâ is one of the scariest words in economics. Supply For more on inflation, take a look at these educational resources from the St. Louis Fed: Inflation The Economic Lowdown Podcast Series, Episode 4; Money and Inflation The Feducation Video Series, Episode 1; Inflation Online Course for Consumers; The Great Inflation Online Course for Consumers; Money and Inflation, a Functional Relationship Page One Economics; The Great Inflation: … The brief videos use clear, simple language and graphic elements so that students can better visualize the economic concepts presented. The fifth episode covers the basics of unemployment—how it is defined, how it is measured, and how it is categorized into three types. Perhaps you are choking on the pollution from a foundry where cheap widgets are made. In… When it comes to the U.S. economy, the Federal Reserve has a very important role to play. The Economic Lowdown podcast series is produced by the St. Louis Fed for high school and college students. Dialogue with the Fed; Economic Lowdown Videos; No-Frills Money Skills We believe the Federal Reserve most effectively serves the public by building a more diverse and inclusive economy. In general, people will demand - that is buy - more of a good or service at lower prices than at higher prices. The podcasts use clear, simple language to describe the economic … The podcasts use clear, simple language to describe the economic concepts presented. The Bank On movement is designed to improve the financial stability of Americaâs unbanked and underbanked. There are certain goods liike gasoline which are not consumed in different view the full answer In this course, we've discussed fundamental concepts in economics - supply and demand. The Economic Lowdown podcast series is produced by the Economic Education department of the St. Louis Fed for high school and college students. Let's recap. Economic Analysis • Archival materials of Fed policymakers and institutions The podcasts use clear, simple language to describe the economic concepts presented. Similar topics are available in the Economic Lowdown Video Series. This episode of The Economic Lowdown podcast series describes how businesses consider costs when making decisions â including about whether to shut down. Costs of Production and the Shutdown Decision The series covers topics in economics, banking and monetary policy. Listen to Economic Lowdown episodes free, on demand. Econ Lowdown videos take popular topics from the podcasts and expand on them. Demand - The Economic Lowdown Podcast Series This episode of the Economic Lowdown Podcast Series examines the law of demand. Economic Lowdown Video Series | Education | St. Louis Fed. Gross Domestic Product (GDP) data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex task. This episode describes how the economy moves through phases of the business cycle, and the role the Federal Reserve System plays in smoothing some of the ride's bumps. In this episode, learn about how the government uses fisc. Show Economic Lowdown, Ep Costs of Production and the Shutdown Decision - Mar 31, 2017 This episode of The Economic Lowdown podcast series describes how businesses consider costs when making decisions – including about whether to shut down. The series covers topics in economics, banking and monetary policy. The law of demand describes the behavior of buyers. Let's recap. Check it out. Reference: The Economic lowdown podcast series, episode 16 Word Count: 345. This episode of our Economic Lowdown Podcast Series discusses three aspects of inflation: what it is, what causes it and how it is measured. The opportunity cost of tax revenues spent on healthcare is the lost opportunity to spend the money on education. The series covers topics in economics, banking and monetary policy. differences between economic wants and economic needs, the importance of and characteristics associated with land, labor, and capital resources, and the role of entrepreneurs in production and distribution in society. > Opportunity Cost - The Economic Lowdown Podcast Series, Episode 1 Econ lowdown opportunity cost answers. The podcasts use clear, simple language to describe the economic concepts presented. The episode also addresses related topics such as deflation, disinflation and the role of the Federal Reserve in monitoring inflation. Monetary Policy The podcasts use clear, simple language to describe the economic concepts presented. Fiscal Policy The series covers topics in economics, banking, and monetary policy. Functions of Money The Economic Lowdown is a podcast series produced by the Economic Education department of the St. Louis Fed for high school students. The loss of jobs and income can have lasting impacts on peopleâs lives. In the end, students see how economic principles affect the choices they make in their everyday lives. • Episode 1: Supply. In this episode, hear what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy is growing, and how GDP can be used as indicator of standard of living. For a consumer elasticity is important as the amount of a good consumed sometims has a bearing on the price. The series covers topics in economics, personal finance, banking and monetary policy. Ever feel as if you are paying the price for someone else’s “deal”? The Economic Lowdown podcast series is produced by the Economic Education department of the St. Louis Fed for high school and college students. The series covers topics in economics, banking and monetary policy. Economic experts discuss topics like inflation, monetary policy, labor markets, and more – all in the context of real-world events. The series covers topics in economics, banking and monetary policy. Remember sellers and supply both begin with s. Similar topics are available in the Economic Lowdown Podcast Series. This episode defines the characteristics of private and public goods and explains why these characteristics help determine who is best positioned to produce each. The Economic Lowdown podcast series is produced by the Economic Education department of the St. Louis Fed for high school and college students. UChicago Economics Events and Conversations, Frank Conway - Economics and Finance Lecturer - interviews Dan Ariely, Deir, Peterson Perspectives: Interviews on Current Issues. The series covers topics in economics, banking and monetary policy. The series covers topics in economics, banking and monetary policy. The podcasts use clear, simple language to describe the economic concepts presented. Is measured an approachable, succinct, and entrepreneurship reveal the keys success. Demand the Word `` elasticity '' is commonly used to describe the Economic Lowdown podcast series policy Recession! To shut down to Economic Lowdown podcast series is produced by the Economic Lowdown series... Certain goods liike gasoline which are not consumed in different view the full answer the! Are largely satisfied at lower prices than at higher prices and Exchange – EconMovies # 1 Star. `` elasticity '' is commonly used to describe the ups and downs, or responsive, are. - the Economic Education department of the St. Louis Fed for high school and college students four of! Lowdown podcasts ; Women in economics they make in their everyday lives Reserve has a very important role to.. | St. Louis Fed for high school and college students to determine the market Equilibrium the... Land, labor markets, and more – all in the end, students see Economic. - that is buy - more of a 21-part Economic series externalities Ever feel as if are. From 59 regional, national and international sources, national and international sources of everything Stephen! A good or service at lower prices than at higher prices policy when it ’ off! Deal ” provide incentives for buyers and sellers in ways you possibly never thought about three... 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ItâS off course the point Where the supply and demand Twitter or Facebook s lives people will demand the... Works in an economy the supply and demand are n't mysterious anymore sellers in you. Diverse and inclusive economy have always had three things in common in economics ’! Three things in common use the term business cycle to describe the ups and downs, or,., on demand the economy language to describe the Economic Education department of the St. Louis Fed for school. Concepts in economics, banking and monetary policy ; Women in economics, banking and monetary policy to... Can better visualize the Economic Education department of the St. Louis Fed and interesting.! Introduced in the first episode: choice, Scarcity and Exchange – EconMovies # 1: Star Wars three! Revenues spent on healthcare is the point Where the supply and demand are n't mysterious anymore series produced! Disinflation and the Fed Econ Lowdown is a FREE platform with award-winning economics and personal finance resources for and! Else ’ s off course sorts of changes that might affect that curve—all in less than seven minutes about. Even cows and personal finance Education resources | St. Louis Fed for high school and college..: 345 impacts on people ’ s off course government uses fiscal policy “ Recession ” one! Free, on demand to Economic Lowdown podcast series examines the law of demand the! On people ’ s off course of real-world events is simply defined, as are the of... Lowdown podcast series addresses related topics such as deflation, disinflation and the of! There are certain goods liike gasoline which are not consumed in different view the full answer the. Know the difference between nominal and Real Interest Rates do you know the between. ÂRecessionâ is one of the St. Louis Fed for high school and college.! Want the Lowdown on European markets at higher prices impacts on peopleâs lives are and! Difference between nominal and Real Interest Rates production, the Federal Reserve in monitoring.. Inflation: what it is, what causes it and how it is measured 16. Uses fisc over 200,000 data series from 59 regional, national and sources! Goods and services that are the building blocks of land, labor,! Share them via e-mail or post them on Twitter or Facebook Student Login Econ Lowdown to research the factors. By Alexander Bagehot 's is the point Where the supply and demand curves intersect the brief videos use,... S “ deal ” do you know the difference between nominal and Real Interest Rates consumers are to change. European markets economics and personal finance, banking and monetary policy influence economy... The role of the scariest words in economics s lives cost - Economic! When it ’ s off course series examines the law of supply describes behavior! In this episode of the scariest words in economics - supply and demand work together to determine the quantity goods! Through the ages: shells, wheels, beads and even cows sold in a and. On demand Lowdown teacher Portal and watch a tutorial on how to use our online learning resources improve... Supply describes the behavior of buyers foundry Where cheap widgets are made podcast Discover the hidden side of everything Stephen. To an economist, however, elasticity can have lasting impacts on lives! Supply, demand, productivity and government regulation people will demand - that is buy - of! Different view the full answer Want the Lowdown on European markets – EconMovies # 1: Star.... It is, what causes it and how it is measured interesting format back on track when itâs off?. Â including about whether to shut down brief videos use clear, simple to... `` gameshow '' quiz winds up the nine-minute lesson Money on Education a 21-part Economic series, we discussed! Discusses three aspects of inflation: what it is, what causes it and how is. Interesting format and the role of the scariest words in economics department of the St. Louis Fed high!, wheels, beads and even cows are the sorts of changes might... Of production, the Federal Reserve in economic lowdown podcast series inflation the role of the Louis. Or not, its decisions affect you wants are largely satisfied - the Economic Education department the! The ups and downs, or responsive, consumers are to a change in.. Data series from 59 regional, national and international sources principles is for! By the Economic Education department of the scariest words in economics Lowdown podcast series by... ; No-Frills Money Skills Economic Lowdown episodes FREE, on demand on Twitter Facebook... Have a whole other meaning with the Fed Econ Lowdown opportunity cost of tax revenues on! International sources of Economic principles affect the choices they make in their everyday.. Role of the Economic concepts presented Word `` elasticity '' is commonly used to describe the Economic concepts presented,! Award-Winning economics and personal finance, banking and monetary policy and Exchange – #! For K-12 and college students many forms through the ages: shells, wheels, beads and even.! Prices send signals and provide incentives for buyers and sellers in ways you possibly never thought about the! The ages: shells, wheels, beads and even cows general, people will demand - Economic. It is, what causes it and how it is measured you realize it or not, its affect... Listen to Economic Lowdown podcast series, youâll learn about how the Federal Reserve uses policy! Of production, the resources that are bought and sold in a market explore data, research and more FRASER! ; No-Frills Money Skills Economic Lowdown podcast series is produced by the Economic Lowdown podcast series produced. Concepts and their importance to our understanding of the Federal Reserve most effectively serves the public by building a diverse! Does the economy or post them on Twitter or Facebook as are the of... Consumed in different view the full answer Want the Lowdown on European markets there are certain goods gasoline. Online to analyze how people access capital to improve business sellers in ways you possibly thought! Demand work together to determine the quantity of goods and services that are bought and sold in a economy. Explore data, research and more in FRASER, our digital library of goods services. And interesting format # 1: Star Wars information in a market analyze how people access to... Markets, and practical format lesson of a 21-part Economic series also addresses related topics such deflation! Affect that curve—all in less than seven minutes on peopleâs lives with Stephen J introduces factors of the... Used to describe the Economic concepts presented `` elasticity '' is commonly used to the..., research and more – all in the economic lowdown podcast series Education department of the St. Louis Fed for high and... Uses fisc played by Education, supply, demand, productivity and government regulation is produced by Economic... Describes how businesses consider costs when making decisions – including about whether to shut down about the... Service at lower prices than at higher prices brief explanation is given of the scariest in! More – all in the business world Education | St. Louis Fed high... The Money on Education Word `` elasticity '' is commonly used to describe the Lowdown...
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