Paul Solman, the Economics Correspondent for the NewsHour with Jim Lehrer on PBS, has developed over 255 minutes of video to be used in principles-level economics courses. Solman gives the beginning student helpful comprehensive hints regarding core concepts. His explanations are highlighted by guest speakers including Nobel Laureates Paul Samuelson and Robert Solow. Topics are illustrated with student-oriented examples and a welcome dose of dry humor. For video samples, click on links below to see The Business Cycle and Marginal Cost = Marginal Benefit Marginal Cost = Marginal Benefit (5078.0K)
We bring great economist Alfred Marshall back to life to explain his great contribution – marginal thinking – by analyzing how and why a boy decides to stop picking and eating blueberries.
The Business Cycle (8621.0K)
Professor John Sterman humiliates reporter Paul Solman, and a host of incoming MIT business school students, by making them play “The Beer Game,” a roller-coaster ride which illustrates dramatically, as perhaps nothing else can, the propensity of businesses, industries and the entire economy to go through booms and busts.
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