Facebook
Edutopia on Facebook
Twitter
Edutopia on Twitter
Google+
Edutopia on Google+
Pinterest
Edutopia on Pinterest Follow Me on Pinterest
WHAT WORKS IN EDUCATION The George Lucas Educational Foundation
Subscribe to RSS

5-Minute Film Festival: We the Economy

PrintPrint
  • Facebook
  • Twitter
  • Pinterest
  • Share

The economy is a massively important part of modern life. We interact with it every single day, and hear about it in the news all the time. But how many of us truly understand what it is? We The Economy, a new series from Vulcan Productions and Cinelan, is trying to change that. They've partnered with well-known actors, documentary filmmakers, and economists to develop a series of video which aims to explain everything about the economy, from the mundane to the absurd. These short films make great classroom resources for any teacher, or even a refresher course for adults who want to learn the basics.

Video Playlist: We The Economy

The full We The Economy series includes 20 videos, and we've selected 6 of our favorites that you can check out first. Watch the player below to see all 20 videos, or view them on YouTube.

  1. Cave-O-Nomics (6:45)

    In this charmingly-acted skit, Morgan Spurlock (of Super Size Me fame) explains how early economies, based on a system of trading and bartering, began. See what happens when cavemen Ugg and Glug decide to work together and trade skills to make their lives better.

  2. Supply & Dance, Man! (7:43)

    Today's economies don't work on trade, of course. Instead, people sell items and services in exchange for money. But what happens when there are too many or too few objects to sell? Jon M. Chu explains in this musical song-and-dance number.

  3. Lemonade War (8:05)

    The goverment regulates the economy to try to keep it fair for everyone to participate in, but sometimes, there are unintended consequences. Patton Oswalt plays a neighborhood dad with a lemonade stand in this funny piece on the benefits and pitfalls of regulation.

  4. That Film About Money (6:50)

    You can't talk about the economy without talking about money, but what exactly IS money, and how does it work? Award-winning screenwriter James Schamus explains what happens to your money after it goes into the bank.

  5. The Debt & the Deficit (6:31)

    Ordinary people like you or me aren't the only ones who can run up debts -- governments can owe people money, too! This animated video explains the difference between debts and deficits, and why some kinds of debts are better than others.

  6. Supply Chain Reaction (7:50)

    Globalization makes products more cheaply available, but often at the cost of quality of life for workers abroad. It's easy to forget that not everyone has the same workplace standards that the US does. How can our purchases reflect our values?

More Resources on Teaching Economics

As the videos above show, the economy can get complicated pretty quickly! Fortunately, there's a wealth of information on how to teach economic theory, fiscal responsibility, personal financial planning, and more.

Was this useful?

Comments (4) Follow Subscribe to comments via RSS

Conversations on Edutopia (4) Sign in or register to comment

Midori Snyder's picture

I would like to add to this a series of terrific econ films for secondary education created by EconStories . The video debates (done in a hilarious but econ filled rap version) between Keyenes and Hayek (their website also provides the script and additional education material to go with the film) has been viewed by over 2 million students ... have a look at the whole series of films: https://www.youtube.com/user/econstories

Keyana Stevens's picture
Keyana Stevens
Web Video Strategy Coordinator

These are great and very entertaining, thanks for sharing! Worth noting that this channel has a bit of an anti-regulation viewpoint, but still worth checking out.

Carl Mitchell's picture

Marxism has infiltrated our schools; first the colleges and now the grade schools. Its always dressed up really nice to look like 'diversity" and "multiculturalism' but its undercurrent is an assault on Western culture and capitalism. Empathy towards the experience of an entire "group" is almost always based on a false narrative, a list of manufactured grievances. Notions like "income equality" and "racial justice" have infiltrated our system. Teaching it in schools can be helpful, provided we teach empathy towards individuals and not political 'groups'. Teaching notions of "privileged" vs "oppressed" are extremely problematic. Don't believe the hype.

Samer Rabadi's picture
Samer Rabadi
Online Community Manager

Some of these are really amusing. I love how they make a dry topic interesting. I studied development economics for my masters degree, so I know. ;-)

Sign in to comment. Not a member? Register.

Join the movement for change