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Instructional Video

Basic Economics Lesson 3 - Prices and Production

Curated and Reviewed by Lesson Planet

Economics can be hard to explain and not very interesting for learners. This video does a good job of explaining economic theory with clear examples, but it doesn't captivate its viewers. Production, price, and economic options are discussed. Time vs. cost, capital goods, and production costs are also covered.

14 Views 10 Downloads
Concepts
economics, cost, products, multiplication
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Additional Tags
price, production, products, economic theory, basic economics, economics, capital goods, costs of production, social studies
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Resource Details
Grade
9th - 12th
Subjects
Social Studies & History
1 more...
Resource Type
Instructional Videos
Media Length
9:47
Audience
For Teacher Use
Instructional Strategy
Flipped Classroom
Usage Permissions
Fine Print: Educational Use