THE INVISIBLE HAND
Economics in Everyday Life
DVD, guide
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Illustrating with real-world examples, the program ties economic concepts to everyday activities.
For example, students learn about the principle of cost as they reflect on their TV viewing habits. By extension they see that price is a powerful force that helps people share limited resources. Other topics: law of supply and demand, what trade really means, fine balance between profit and loss, and how "unintended consequences" affect economic decisions.
Quantities are limited.
Copyright | 2004 |
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Publisher | Learning Seed |
Grade | 7–12 |
Color | Color |
Run Time | 22 minutes |