The Media Library of Genesee Valley BOCES

Macroeconomics looks at the economy as a whole, including inflation, recession, unemployment, economic growth, and gross domestic product (GDP). In this session, lectures, simulations, and exercises help explain these great forces and show how they fluctuate

Explores how innovation and entrepreneurship can flourish in and enliven a free-market economy. See why the good old days were not all that good, what entrepreneurs do, and what makes countries richer over time. Discover the tradeoff for innovation

Learn how the government controls demand with fiscal policy affecting tax and spending and monetary policy involving the Federal Reserve, interest rates, and the banking system. See how these policy tools are developed and how they work in practice

Learn basic personal finance and arm students with sound, practical advice to formulate and reach their own financial goals. This session reveals the truth about millionaires, the power of compound interest, and how investment in education pays off

Explores the four cornerstones of economic thought: everything has a cost, tradeoffs are necessary, incentives matter, and voluntary trade creates value

Explore the global economy why and how nations trade with one another. Meet some of the major players in the international market and find out how protectionism can have unintended consequences. Topics include where goods come from, absolute and comparative advantage, economies of scale, and international trade organizations and alliances

Provides students with an understanding of how the economic activities of a culture influence other aspects of cultural behavior. Students are shown how cultures use various economic systems to facilitate the trade of goods and services

Introduces students to economic concepts such as supply and demand, profit, marketplace, market price, human resources, and trade

This program in the Economics U$A series discusses the effects of international trade, tariffs, and quotas versus free trade

A student reporter introduces students to the cycle of consumption and production. Discusses concepts and terminology including sole proprietorship; profit; revenue; cost; needs and wants; mediums of exchange; goods and services; private and public services; taxation; competition