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The Nature of Economics
- Available as
- Online
- Summary
-
This program explains the relationship between people's wants and available resources. It also defines the principle of Opportunity Cost and relates its application to everyday life.
Details
- Creator
- Discovery Education
- Format
- Videos, Slides, Films
- Language
- English
- Contributors
- Publication
-
- [Place of publication not identified] : Discovery Education, [2001]
- New York, N.Y. : Distributed by Infobase, 2018
- ©2001
- Series
- Physical Details
-
- 1 online resource (1 video file (20 min., 38 sec)) : sound, color
- digital
- video file
- Originally released by Discovery Education, 2001.
- Streaming video file encoded with permission for digital streaming by Infobase on July 03, 2018.
- Streaming video file.
- Closed-captioned.
- Wants (2:53); Resources (4:00); Wealth of Nations (1:43); The Economic Problem (3:49); Production Possibilities Model (2:06); Future Implications of Current Choices (1:23); Economic Factors Underlying Decision-Making (4:15); Credits: The Nature of Economics (0:25)