The Crisis of Credit is an 11 minute animation explaining the origins of the credit crunch in the United States. It covers the interaction of homeowners, mortgage lenders, investors and financial institutions that produced the global financial crisis. It provides simple explanations of a number of complex terms and systems, delivering an effective introduction to the topic. Users will need a Flash based video player to watch the animation.
Video and Audio Lectures in Applied Economics
This YouTube playlist includes short (usually around 9 mins), well-produced videos illustrating the economic concepts underlying popular films. Examples include more recent films such as Elysium, Wall-E, The Lego Movie, and Dallas Buyers' Club, as well as classics like It's a Wonderful Life and The Treasure of the Sierra Madre. The presenter is a US-based comedian and political columnist who intersperses clips from the relevant film with his own commentary and scenes into which he has been digitally inserted. In addition to the films, the series House of Cards is examined in one video.
An eighty-minute video including a 45-minute presentation plus introduction and questions. The session took place on 1 May 2014 at the London School of Economics and Political Science. Ha-Joon Chang talks about different schools of thought in economics, and the responsibility of citizens to become economically literate.
Geerling's video uploads include student-made videos from an "Economics of Everyday Life" project. The titles include "Rational Choice Theory: The Economics of Crime" and "Why Lecturers who assign group work secretly want their students to fail". It also includes videos about his approach to teaching.
A set of seven short videos, mostly around four minutes each, using sophisticated animation to explain the basics of trade and apply to everyday questions such as "Are We Better Off if We Buy Local?" These videos are part of an open course on the MRUniversity site, which includes download options, self-test questions, and a discussion facility.
A series of 21 short films, made by noted film directors, actors and comedians, to illustrate how economics applies to everyday life. The films are in a variety of different styles, using animation, comedy, parody or even choreography. The project was led by Morgan Spurlock, the director of "Super Size Me", and includes "Anchorman" writer Adam McKay, "American Psycho" director Mary Harron, and filmmaker/documentarian Werner Herzog. A team of economics experts selected the topics and advised on content.
The films, varying from five to nine minutes' length, are in five "chapters": What is the Economy? What is Money? What is the role of our Government? What is Globalization? and What causes Inequality? Some content and descriptions reflect the US origin of the material.
Delivered at Princeton University in September 2006, this hour-long video lecture by "Freakonomics" author Steven Levitt recalls some of his experience as an economics student, researcher and lecturer. He discusses how the value of advertising is assessed, the economics of prostitution, real estate sales and how altruism can be understood as maximising behaviour.
This archive of 20+-minute interviews includes some of economists, politicians and academics speaking on economic issues. They include former Chancellor Alastair Darling, Christine Lagarde of the IMF, Richard Thaler, and Statistician Nate Silver.
This section of the "NOW with Bill Moyers" television program website is devoted to the Enron story. It includes transcripts and audio clips from news stories on National Public Radio.
This 22 minute audio podcast from the University of Cambridge explores the credit crunch from an interdisciplinary perspective. With contributions from John Coates, a neuroscientist and former Wall Street Trader, Martin Daunton, an economic historian and Alan Macfarlane, a social anthropologist. It looks at how the crude use of historical analogies can cloud our understanding of the credit crunch, how hormones can affect the decision-makers who control the global financial system and how the breakdown in trust is threatening the world's financial stability. Users will need a Flash based audio player to listen to the podcast online or they can download it in a variety of formats.
Clips from the US version of the comedy series "The Office" are used to illustrate economic concepts. The often poor decisions made by characters are shown as examples of how not to think about economics. The clips are indexed by season, by episode name, by character and by clip length. Most of the clips are under four minutes in length, with many under one minute. Each clip is tagged with relevant economic concepts and has a one-paragraph explanation of the action and its relevance to economics.
This site uses short clips from the TV comedy series "Seinfeld" to illustrate economic concepts. The clips are indexed by episode name and by economic concept. The site is also searchable. Each clip has a one-line summary and a discussion board.