World of Business (HD) 2G

FHNW | School of Business | Academy of Art and Design | Electronic Studio of the Academy of Music

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The films describe economic topics such as "price", "competition", "inflation", "interest" and "money" in an easily understandable manner. Please be aware that only essential elements are visualized, additional aspects are overlooked. The films take 2-3 minutes each and are suitable for use in the classroom.

05/07/2011

Money

This two-minute film of the School of Business FHNW tells the story of money from barter to commodity money and coinage right up to banknotes.

3 min
05/07/2011

Price

The film shows how prices develop from the interaction between buyers and sellers using a specific sales situation similar to those which arise in a market economy. The film is suitable for use in the classroom.

2 min
05/07/2011

Interest

The film illustrates the effect of compounding interest in an entertaining way. Based on the egg-laying hens (interest rate, the eggs in the movie), it is clear that one can either consume or reinvest an asset to generate higher returns. If the interest is applied repeatedly over a long period, the value of the asset increases.

2 min
05/07/2011

Competition

The film shows a competitive situation with several vendors. As a result, vendors must consider the offer of fellow competitors when setting their prices. The providers are not free to set the prices they wish; prices are influenced by consumers’ purchasing behavior.

3 min
05/07/2011

Inflation

The film illustrates what inflation is, based on automobile manufacturing. Due to the larger supply of money, more money must be paid for the cars. As a result, they become more expensive.

2 min

5 Episodes

The films describe economic topics such as "price", "competition", "inflation", "interest" and "money" in an easily understandable manner. Please be aware that only essential elements are visualized, additional aspects are overlooked. The films take 2-3 minutes each and are suitable for use in the classroom.

Creator

FHNW | School of Business | Academy of Art and Design | Electronic Studio of the Academy of Music
Episodes

5
Rating

Clean
Show Website

World of Business (HD) 2G

World of Business (HD) 2G

Episodes

Money

Price

Interest

Competition

Inflation

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Information

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