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Week 4: Price Floor and Price Ceiling
Video: Econ Concepts in 60 Seconds: Government Price Controls
http://www.youtube.com/watch?v=Ffcd6Wdkn5w
Rating: 4 stars (out of 5)
In this video, we once again return to the teacher and whiteboard setting. Unlike most of these types of videos, the teacher attempted to make this one a bit more entertaining. With music in the background and an upbeat attitude, this teacher accurately described price floors and price ceilings and also how price floors cause a surplus and price ceilings create a shortage. And he did this in 60 seconds. This was good and bad. It was nice that the teacher could relay so much information so quickly. The only bad part of this was that it was almost too fast to comprehend the information. A liitle bit more explaining would of made the video much easier to understand. The video was informative, accurate with what we have learned in class, and also entertaining but a bit to brief which is why I gave it 4 stars
Video: Econ Concepts in 60 Seconds: Government Price Controls
http://www.youtube.com/watch?v=Ffcd6Wdkn5w
Rating: 4 stars (out of 5)
In this video, we once again return to the teacher and whiteboard setting. Unlike most of these types of videos, the teacher attempted to make this one a bit more entertaining. With music in the background and an upbeat attitude, this teacher accurately described price floors and price ceilings and also how price floors cause a surplus and price ceilings create a shortage. And he did this in 60 seconds. This was good and bad. It was nice that the teacher could relay so much information so quickly. The only bad part of this was that it was almost too fast to comprehend the information. A liitle bit more explaining would of made the video much easier to understand. The video was informative, accurate with what we have learned in class, and also entertaining but a bit to brief which is why I gave it 4 stars
