The Economics of Happiness: Crash Course Economics Video Analysis with Key- This is a 10 page document that contains a video analysis assignment and a completed teachers key for easy marking. It contains 29 questions based on The Crash Course Economics video: The Economics of Happiness.
This assignment will ask students to go to YouTube and watch the Crash Course video: The Economics of Happiness. The video will first discuss the debate that exists around how economists try and measure happiness levels and how it relates to income. The diminishing returns money has on happiness levels is discussed, as is how unemployment, commutes, and inflation impact happiness. The Easterlin Paradox is reviewed, as are three different interpretations for this paradox. Students will also learn about the hedonic treadmill theory. The video concludes by discussing the Kingdom of Bhutan and how it measure GNH, gross national happiness instead of GDP as a way of measuring the nations progress.
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.