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The PPF, Underemployment, Economic Expansion and Growth

In segment 2 of the 3 part series on the Production Possibilities Frontier, this 5 minute video provides information on the factors of production, scarcity, opportunity cost and productivity. It will aid in mastery of standard EPF. 1 (a) and (d).

Keywords:: Factors of Production, AP Economics, Opportunity Costs, PPF, Underemployment, Economic Growth, Scarcity, Production Possibilities Frontier

Disciplines:

Business / Economics

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Material Type:: Reference Material
Date Added to MERLOT:: February 11, 2020
Date Modified in MERLOT:: February 11, 2020
Author:: Federal Reserve Bank of St. Louis
Submitter:: Adrienne Brennecke
Primary Audience:: Grade School, Middle School, High School, College General Ed, College Lower Division
Technical Format:: Video

Mobile Compatibility:: Not specified at this time
Language:: English
Cost Involved:: No
Source Code Available:: Unknown
Accessibility Information Available:: Yes
Creative Commons:: This work is licensed under a Attribution-NonCommercial-NoDerivatives 4.0 International