Unit 1: Economics and Globalization

Lesson 2a: Economic Systems and Globalization

Assignments: Video Lectures

ECONOMIC SYSTEMS

10.1.2 The Circular Flow Model 9:38 [MyNotes]

1.1.4 An Overview of Economic Systems 10:50 [MyNotes]

Power of the Market (YouTube LibertyPen) 1:14 [MyNotes]

1.1.5 Case Study: The Work of Adam Smith 8:57 [MyNotes]

TRANSITION ECONOMIES

17.5.1 Centrally Planned Economies 10:57 [MyNotes]

17.5.2 Policies to Change to Market Systems 11:18 [MyNotes]

17.5.3 Comparative Economic Performance 12:16 [MyNotes]

OPTIONAL (but interesting) Paul Solman Video: Capitalism vs. Socialism - The Cuban Quandary (YouTube PBS NewsHour) 13:56

GLOBALIZATION

Why Venezuela is in crisis CNN Money 1:49

OPTIONAL: Economic Systems and Macroeconomics: Crash Course Economics #3 [10:18]

OPTIONAL: Globalization and Trade and Poverty: Crash Course Economics #16 [9:01]

 

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Lesson 2a