Economy

Questions

1. Are you interested in economics?
2. How is the economy in your country?
3. What are the biggest economic problems in your country?
4. How important is economics?
5. What is the effect of economics on society?
6. What was the last thing you read or heard about economics?
7. Do you worry about the world economy?
8. How will the economy be next year?

Videos

During the 1600’s, the exotic tulip became a nationwide sensation; some single bulbs even sold for ten times the yearly salary of a skilled craftsman. Suddenly, though, the demand completely plummeted, leaving the tulip

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market in a depression. What happened? Prateek Singh explains the peak of a business cycle, commonly referred to as a mania.

Lesson by Prateek Singh, animation by Simon Ampel.

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Category:  Business & Marketing
Keywords: Bubbles | Economy
The value of money is determined by how much (or how little) of it is in circulation. But who makes that decision, and how does their choice affect the economy at large? Doug Levinson takes a trip into the United States Federal Reserve, examining how the people who work there aim to balance the value of the dollar to prevent inflation or deflation.

Lesson by Doug Levinson, animation by Qa’ed Mai.[/show_more]
Category:  Business & Marketing
Keywords: Economy | Government | Money

Vocabulary:
cove
secluded
float
shore
anchor
lighthouse
greenhouse
handsaw
hammer
power tool
nail
board (noun)
ton
land sick
biomass
canoe
paddle
real estate
prosper
fulfilled

Expressions:
subsistence living
hon

Vocabulary:
word
word
word
word
word
word
word
word
word

Expressions:
expression
expression
expression
expression

Vocabulary:
prestigious
involuntary
swindler
fraudulence
unwarranted
concern
unfounded
impostor
syndrome
faculty
pervasive
prevalent
disproportionately
underrepresented
downplay
abnormality
self-esteem
spiral
accolade
threshold
susceptible
voice (verb)
peer
dismiss
excel
ease
mentor
competence
banish
frank

Expressions:
nagging doubt
shake a feeling
put something to rest
surefire way

Vocabulary:
filmmaker
principle
handcuff
clown
distill
underdog
aspect
familiar
unfamiliar
chopsticks
keyboard
organic
grounded
clarity
stuntman
steady
gag
perfectionist
rhythm
distinct
continuity
elbow
bunch
flail around
unlike
invincible
impressive
humanize
asset
payoff
relentlessness
finale

Expressions:
kick ass
going above and beyond
get smacked in the face
sell a joke

Vocabulary:
explosion
smoke (noun)
engine
unique
pilot
route
unemotional
terror
instant
reach out (to someone)
postpone
urgency
purpose
regret
humanity
ego
reflect
eliminate
frame (verb)
artistic
talent
bawl
miracle

Expressions:
bucket list
brace for impact
mend fences
make sense
connecting dots