Watch: Module 02

Concepts and Topics: Gains from trade; Transaction costs; Demand and supply; and Equilibrium

Watch 4 video clips: (i) CSE 1.4 Stossel 2011- Economics of voluntary exchange (Links to an external site.) (2:18); (ii) CSE 1.4 Learn Liberty- Specialization and Trade (Links to an external site.) (3:10); (iii) CSE 1.5 History Channel's Pawn Shop- Bartering (Links to an external site.) (2:51); and (iv) CSE 1.6 Friedman- I, Pencil and price system  (Links to an external site.)(7:14) and take notes on key concepts and topics.

Last modified: Friday, January 8, 2016, 5:03 PM