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The Economics Classroom: Why Markets Work

58 minutes 25 seconds

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Woman in glasses and apron turns to the side as she speaks. Teenage girl with a confused expression looks on in background. Caption. So how much do you wanna charge for these cookies?

Second in an eight-part series of professional development workshops designed to give high school teachers ideas about how to present economics in a way that will excite, inform, and entice students. Focuses on the laws of supply and demand and their effects on the allocation of resources. Teachers use simulations and classroom demonstrations to illustrate the behavior behind supply and demand curves. Also demonstrates the importance of competition and the incentives created by profits. Hosted by Timothy Taylor.

Media Details

Runtime: 58 minutes 25 seconds

4 young women sit at school desks and look at papers. Woman in a blazer faces away from camera and gestures toward them. Caption. Please follow a pattern in your reporting instructions.
The Economics Classroom
Episode 1
58 minutes 37 seconds
Grade Level: PT/TT -
Woman in glasses and apron turns to the side as she speaks. Teenage girl with a confused expression looks on in background. Caption. So how much do you wanna charge for these cookies?
The Economics Classroom
Episode 2
58 minutes 25 seconds
Grade Level: PT/TT -
Woman in glasses holds palms together and purses lips as she speaks. She stands next to a cluttered desk. Caption. We've spent a lot of time looking at government.
The Economics Classroom
Episode 3
58 minutes 24 seconds
Grade Level: PT/TT -
Woman faces to the side as she parts her lips to speak. 2 young men sit at desks beneath a world map in the background. Caption. Into an account that receives compound interest.
The Economics Classroom
Episode 4
58 minutes 25 seconds
Grade Level: PT/TT -
Young woman looks to the side and speaks. Caption. More customs revenue because the tariffs will be so high.
The Economics Classroom
Episode 5
58 minutes 37 seconds
Grade Level: PT/TT -
Young man in glasses sits at a desk with an open book and a calculator. He furrows his brow and parts lips as he speaks. Voiceover Caption. Every student, every citizen needs to understand about G, D, P.
The Economics Classroom
Episode 6
58 minutes 24 seconds
Grade Level: PT/TT -
Teenage boy points to a flowchart on a poster that rests in front of a chalkboard. Caption. How the Federal Reserve system sells bonds.
The Economics Classroom
Episode 7
58 minutes 35 seconds
Grade Level: PT/TT -
Man in a collared shirt faces away from camera as he writes on a whiteboard. Caption. What does I, P, O stand for?
The Economics Classroom
Episode 8
58 minutes 38 seconds
Grade Level: PT/TT -