Tertiary Catalogue

Essential viewing for students of Economics, this concise video explains how the Gini coefficient and Lorenz curve are used to calculate the degree of income or wealth inequality within a nation or any other set of people. Using a clear animated diagram, students will see how this measure is mathematically calculated and what the resulting number means for a population’s distribution of wealth or income. Show Less

With its origins tracing back to the Industrial Revolution, this video takes viewers through a timeline of the economic gender gap in relation to the workforce and income parity. While marked improvements have occurred over the last 250 years for women economically, the COVID-19 pandemic was additional proof that women still experience higher levels of economic hardship than men. Explaining factors in this disparity such as education levels, legal protection and the imbalance of unpaid work, this is important viewing for students of Economics. Show Less

A healthy and growing economy, though socially and politically beneficial, has detrimental trade-offs environmentally. Unpredicted by economists of the last century, the drive of governments to increase GDP without consideration of the planet or future generations has resulted in climate change. As explored in this video, this predicament has led some economists to call for an overhaul to macroeconomics, with intergenerational equity an essential objective. Complemented by illustrative graphics and diagrams, this is important viewing for students of Economics. Show Less

Racial inequality refers not only to how citizens are treated within society, but also the access they have to wealth and income. And, while racial inequalities in economics have already come some way, the recent and ongoing Black Lives Matter movement has shone a light on how far there is to go. This program also considers factors such as labour market policies and taxation reform in rectifying economic inequality. Complemented by illustrative graphics and diagrams, this is important viewing for students of Economics. Show Less

Economic booms and busts have widespread global consequences. Clearly defining and exploring concepts including real and nominal GDP, inflation, unemployment, recession and consumer confidence, this video looks at the factors that influence the health of an economy and how they may contribute to boom or bust. Complemented by illustrative graphics and diagrams, this is important viewing for students of Economics. Show Less

For an agricultural business to be financially viable, expenditure on land, labour and capital is key. This video looks at the approaches taken by a wool farm and a beef farm towards these three factors of production. Featuring insight from Australian wool growers, beef farmers and academics, this is a highly relevant resource for senior secondary and tertiary students studying economics, business studies or agriculture. Show Less

Government’s role in agriculture aims to ensure that there are consistent standards of safety, ethical practice, and financial stability across the sector. This video spotlights the impact of levies, tariffs, taxation and other legislation on the wool and beef industries. Featuring insight from Australian wool growers, beef farmers and academics, this is a highly relevant resource for senior secondary and tertiary students studying economics, business studies or agriculture. Show Less

The laws of supply and demand can be manipulated to the benefit or detriment of a business, including in agricultural contexts. This video explores the laws of demand and supply and the scarcity principle in relation to wool and beef. Featuring insight from Australian wool growers, beef farmers and academics, this is a highly relevant resource for senior secondary and tertiary students studying economics, business studies or agriculture. Show Less

As in all international markets, the price of agricultural goods is determined by their supply and demand. Spotlighting wool and beef markets, this video discusses domestic and international markets, value adding and economic disruption and diversification. Featuring insight from Australian wool growers, beef farmers and academics, this is a highly relevant resource for senior secondary and tertiary students studying economics, business studies or agriculture. Show Less

This film was made during the early part of 2009 when the world faced a credit crunch and economic times not seen since the Great Depression of the 1930s. Narrator-led and featuring many street interview grabs, together with comments from an economist and building society representative, it takes the viewer into the middle of the crisis as it was still unfolding – covering the global recession, causes and consequences of the credit crunch, the government response, unemployment and a look to the (then) future. It is a fascinating insight into these troubled times and an outstanding resource for senior secondary or FE level students of economics, business or other commerce-related disciplines. Show Less

A fundamental proposition in economics is that people have unlimited wants, but there are limited resources, which leads to the problem of scarcity. Hence the central question in economics is how best to allocate limited resources to produce goods and services. In this programme we introduce the market system, the law of demand and supply, price elasticity, market structures, market failures and government response, and many more key concepts. Featuring clear explanations, excellent graphics and examples from all over the world, this programme introduces the classic concepts of microeconomics in an engaging and thought-provoking way. Show Less

Hardly a day goes by when we do not hear or read issues in the news of ‘consumer spending down’, the ‘Australian dollar rising’, and ‘business sentiment at a five-year low’. We also often hear a politician or editorial writer advocating a change in economic policy. If you think these issues are very complex, you are correct - they are complex. But those who think these issues have little to do with them need to think again. Whether you can find a job or afford an overseas holiday depends on events in the macro economy. This programme provides a useful starting point to explore the nature and purpose of macroeconomic activity in contemporary Australia, and the implications for our standard of living and long-term economic prosperity. It will assist students to understand the nature and importance of the Australian Government’s key economic goals including low inflation, strong and sustainable economic growth, full employment, external stability and equity of income distribution. Show Less

Economic systems are the means by which a society produces, distributes and consumes resources, and are intimately integrated with the other elements of the culture. In this lesson the economic systems of several societies are examined as examples of how reciprocity, redistribution, and market exchange play a central role in the distribution of goods. The Ju'hoansi of southern Africa exemplify foraging cultures in which food is not produced but rather collected as it is needed and distributed immediately according to the process known as generalised reciprocity. The Yolmo of Nepal traditionally practiced pastoralism and subsistence farming, using an exchange system of balanced reciprocity combined with redistribution. A Ghanaian market run by women illustrates a traditional form of market exchange, and a Japanese fish market exemplifies the wholesale commercial market with international participants but face-to-face transactions according to Japanese cultural practices. Show Less

Using Castlemaine Fruit Supply as a case study, this fast-paced programme examines basic economic concepts in a way that students will easily understand and relate to. The concepts of markets, demand, production, supply, competition and the role of the government are explored in the context of a successful family business. This programme is an excellent, easy-to-comprehend introduction to the study of economics. Show Less

Using various case studies, this programme investigates: · The nature of globalisation and the global economy - Case study: How globalisation affects the daily decisions of a farmer · Trade and financial flows · Free trade and protection · Trading blocs and agreements - Case Study: EU · International economic organisations - Case Study: The World Bank Show Less

There are many different economic systems throughout the world, but they all have to address the same basic questions. We investigate these questions, and use the production of bread to show how resources are combined to create goods and services, and the benefits that arise from this process. We also investigate the different sectors in an economy, households, firms, finance, government and foreign and show how they interact using the circular flow of income. Practical examples illustrate the problems faced when an economy is in a state of extreme disequilibrium. Show Less