Wednesday, February 12, 2014

Videos - What Is Money? What Is Inflation?

As I've mentioned many times over the years, economics is one of my favorite subjects to teach. Some of my first lessons when introducing economics to students deal with the questions of "what is money? and "what determines its value?" The following short videos provide a nice introduction to the questions of "what is money?" and "what is inflation?" These videos won't replace my lessons, but they will be good supplementary material to share with students.


The following explanation of inflation is direct and to the point, but it does include a promotion for an investment website at the end.