Sign in with Google 
Key Concepts: Cost-Benefit Analysis, Employment/Unemployment, Marginal Analysis…
Objective
Students will be able to:
- Apply supply and demand analysis to how the marginal product of labor determines wages, human capital, labor unions, and compensating wage differentials.
Standards
Concepts
In this economics video series, students will learn about employment, unemployment, and human capitol.
Description
This unit of five videos begins with an explanation of the marginal product of labor and how it determines wages. This serves as the foundation for an overview of related topics, such as human capital, labor unions, compensating wage differentials, and, of course, TANSTAAFL: There Ain’t No Such Thing as a Free Lunch. Every video comes with practice questions!
Subjects:
Economics Related Resources
Grades 9-12
Economic Misery and Presidential Elections
Updated with new statistics! The students examine economic data in order to predict the results of presidential elections.
Key Concepts: Economic Growth, Employment/Unemployment, GDP…
Content Partner
Grades Higher Education, 9-12
EconoFact
On this website, you can see how the frameworks and theories taught in class relate to real-world timely events.
Key Concepts: Employment/Unemployment, Phillips Curve, Unemployment
Grades 9-12
The Potential Impact of the USMCA on US Manufacturing Jobs
In this economics activity, students assess the potential effect of USMCA on US manufacturing jobs.
Key Concepts: Barriers to Trade, Employment/Unemployment, Phillips Curve…
