Productivity and Growth: Crash Course Economics Video Analysis with Key- This is an 8 page document that contains a video analysis assignment and a completed teachers key for easy marking. It contains 27 questions based on The Crash Course Economics video: Productivity and Growth.
This assignment will ask students to go to YouTube and watch the Crash Course video: Productivity and Growth. The video will introduce students to the topic of a nations productivity and how it is measured. The concept of GDP is introduced, as is the drawbacks in how it is measured. The video then introduces GDP per capita and explains how it is a better way of measuring a nations economic output. The United Nations HDI index is reviewed and then compared to GDP. Standard of living is defined and the video explains how a high GDP per capita and high HDI index ranking results in a high standard of living. Productivity is defined using the basic concept of the factors of production. Each is defined and expanded upon. Human capital, schooling, is stressed, as is the use of economic technology (taking the same amount of resources and organizing them to increase output). The example of the internet increasing the productivity of computers in the mid 90's is used to demonstrate economic technology. The video concludes explaining how a nations wealth can all be related to productivity.
This video analysis can be easily used as an introduction to the topic, a study guide, or a quick and easy sub plan. Students love the independence of this assignment by getting to use laptops, Chromebooks, or even their own cellphones to watch the video. Crash Course videos tend to move fast so students often find success if they watch the video through once before going back to pause/play to find the answers to all of the questions.