Tertiary Catalogue

Economic growth is most commonly measured by annual percentage change in GDP. This video helps students understand how GDP is calculated, including alternative measures such as GPI, and highlights the importance of ensuring that economic growth is economically and environmentally sustainable. Featuring real-life examples statistics and informative graphs and diagrams, this is an essential resource for Economics classrooms. Show Less

A high rate of employment, or a low rate of unemployment, is a key component of a healthy and growing economy. This video discusses the definition of an employed person, different types of unemployment and underemployment, and how unemployment can result in both economic advantages and disadvantages. Featuring real-life examples statistics and informative graphs and diagrams, this is an essential resource for Economics classrooms. Show Less

Equity of income distribution means that everyone has enough income to provide for their basic needs. This video provides an overview of how equity can be measured using a Lorenz diagram and Gini coefficients, and discusses ways in which governments can help to achieve income equity. Featuring real-life examples statistics and informative graphs and diagrams, this is an essential resource for Economics classrooms. Show Less

For a country to be externally stable, its economy must be able to meet its international financial obligations. This video defines key ideas in macroeconomics including current account surplus, current account deficit, balance of payments, trade-weighted index and terms of trade index. Featuring real-life examples statistics and informative graphs and diagrams, this is an essential resource for Economics classrooms. Show Less

Inflation is a rise in the general level of prices of goods and services over time. This video explains how inflation rates are calculated, explores the factors that lead to variation in inflation rate and describes the impact that high and low inflation rates can have on people’s daily lives. Featuring real-life examples statistics and informative graphs and diagrams, this is an essential resource for Economics classrooms. Show Less

Macroeconomic activity is the actions that generate the production of goods and services, employment and incomes on a large scale. This video explains the two major influences on the business cycle, aggregate demand and aggregate supply, and how they influence expansion and contraction in the economy. Featuring real-life examples statistics and informative graphs and diagrams, this is an essential resource for Economics classrooms. Show Less