Khan Academy: Four Factors of Production

Class members begin this engaging economics activity by listing all the resources used in producing a car and using that example to draw parallels to the four primary factors of production: capital goods, labor, natural resources, and...

How does an entrepreneur reach success? Scholars use Econ Lowdown to research the four factors of production in the second lesson of a 21-part economic series. They access podcasts and video links online to analyze how people access...

This study resource from Khan Academy provides practice questions for the MCAT. Questions related to the structure, growth, physiology and genetics of prokaryotes and viruses.

A video lecture that can help you understand what GDP does and doesn't measure. [11:59]

In this exercise, practice what you have learned about learning objective MOD-1.A from the AP Macroeconomics course and exam description. Topics include the definitions of economics, microeconomics, and macroeconomics, positive and...

Read about about the many factors that affect the quantity supplied. This resource is designed for students who are taking a college-level microeconomics course.

Nominal GDP measures output using current prices, but real GDP measures output using constant prices. In this video [3:10], we explore how price changes can distort GDP using a visual representation of GDP.

In this video [11:58], we break down GDP into its components to better understand what's counted in GDP and what's not counted.

GDP per capita is GDP (Gross National Product) divided by population. Since GDP is measured in a country's currency, in order to compare different countries' GDPs, we need to convert them to a common currency. One way to compare...

Production Possibilities Curve (PPC) also called a Production Possibilities Frontier)is a graphical model that represents all of the different combinations of two goods that can be produced; the PPC captures scarcity of resources and...