Midterm examination for a class at MIT covering game theory and its applications to economics. The one-hour-and-twenty-minute open book examination asks open ended theoretical questions. The exam contains questions and solutions.

Short explanation with graphical quiz to check understanding, on the changes in aggregate demand, short run aggregate supply and long run aggregate supply and the things that can change them.

Classroom experiment illustrating the law of diminishing marginal productivity through the production of paper airplanes.

Intermediate students are asked to analyze data on the components of consumption and investment expenditures and explanatory variables based on textbook models of each. Students look for rough correlations between the explanatory and dependent variables.

Application of Oral History to Economics: Family Economic History The assignment will connect an oral history approach to the examination of economic concepts such as opportunity cost of attending school, economic crises (inflation and unemployment, etc.), and standard of living over time. Particularly, students will interview parents, grandparents, or family members from older generations regarding the types of work they performed, economic decisions they have made, and the economic conditions while they were growing up. The project develops a student's ability to understand and integrate these concepts from a variety of perspectives and real world situation.

This lesson explains leverage and insolvency and why it is good or bad. [Banking, Money, Finance playlist: Lesson 10 of 24]

This lesson provides an analysis of the federal reserve balance sheet as of February 2007. [Banking, Money, Finance playlist: Lesson 21 of 24]

This lesson discusses how open market operations effect the rate at which banks lend to each other overnight. [Banking, Money, Finance playlist: Lesson 14 of 24]

This lesson presents more information on the mechanics of the Federal Funds rate and how it increases the money supply. [Banking, Money, Finance playlist: Lesson 15 of 24]

This lesson talks about the gold standard and is a short discussion on the meaning of wealth. [Banking, Money, Finance playlist: Lesson 17 of 24]

This lesson tells how banks can give out loans without ever giving out gold. [Banking, Money, Finance playlist: Lesson 7 of 24]

This lesson talks about how money is created in a fractional reserve banking system. [Banking, Money, Finance playlist: Lesson 4 of 24]

This lesson explains reserve requirements and how they limit how much lending a bank can do. [Banking, Money, Finance playlist: Lesson 8 of 24]

This lesson introduces bank notes and how you are more familiar with them than you realize. [Banking, Money, Finance playlist: Lesson 5 of 24]

This lesson discusses government debt and treasuries. It explains what it means that Federal Reserve Notes are issued by the Reserve Bank but are not an obligation on the government. [Banking, Money, Finance playlist: Lesson 12 of 24]

This lesson introduces the ways that banks make money. [Banking, Money, Finance playlist: Lesson 1 of 24]

This lesson is an introduction to the income statement of a bank, and to income statements, in general. [Banking, Money, Finance playlist: Lesson 2 of 24]

This lesson discusses the idea of a reserve bank. [Banking, Money, Finance playlist: Lesson 11 of 24]

This lesson discusses the mechnics of repurchase agreements, reposession transactions and loans. [Banking, Money, Finance playlist: Lesson 20 of 24]