• Workin’ Moms Clip #3
  • The Parisian Agency Clip #1
  • Finding ‘Ohana Clip #3
  • To The Lake Clip #1
  • Jinn Clip #2
  • King of Boys Clip #3
  • Apache Clip #2
  • Apache Clip #3
  • Apache Clip #4
  • Cowboy Bebop Clip #7
  • The Protector Clip #4
  • Emily in Paris Clip #3
  • Biohackers Clip #2
  • Clip URL: https://criticalcommons.org/view?m=AEi9BqOKv
  • Concepts: labor-market discrimination, gender pay gap
  • Background: Jenny finds out that female workers at her company earn less than their male counterparts. She decides to confront the executive and asks for a change.
  • Question: Jenny demands equal pay for her female coworkers. Can Jenny’s boss explain the gender pay gap in his company using economic theory?
  • Clip URL: https://criticalcommons.org/view?m=0IXZqaGVK
  • Concepts: Family Pressure, Socialization, Job Opportunities, Wage.
  • Background: Eve has a job offer in Portugal, and she wants to bring her family (her husband Martin and their two kids) with her. However, Martin’s family is firmly against that idea as their departure would completely change their personal and family lives.
  • Question: Explain how such family pressure can affect Eve’s decision to move to Portugal. Assume she decides not to go to Portugal. Discuss how this can impact her career, especially her wage today and in the future.
  • Clip URL: https://criticalcommons.org/view?m=IjeIr03cw
  • Course Classification: Finance, Money and Banking, Labor Economics
  • Concepts: debt financing, value of debt
  • Background: During a car ride, Ioane finds out Hana did not submit her application to the prestigious Juilliard School in New York.
  • Question: In this clip, we learn that Hana cannot afford college tuition, which encourages her to find the lost treasure. Research the most recent tuition fee for a year at the Juilliard School. Should Hana borrow money to pay tuition? Define the value of debt and explain.
  • Clip URL: https://criticalcommons.org/view?m=v6yrrTmqc
  • Course Classification: Labor Economics, Microeconomics, Macroeconomics, Finance
  • Concepts: Investment in human capital, Monetary and non-monetary costs, Risky investment, Nominal exchange rate.
  • Background: Polina is addicted to alcohol and just finished a rehabilitation program in a facility. Lyonya, her dad, is picking her up to bring her home.
  • Question 1: Define what an investment in human capital is. Provide two examples of human capital investment.
  • Question 2: Why do economists consider rehab an investment in human capital? Why some believe that rehab a risky investment?
  • Question 3: What costs are involved when somebody checks into a rehabilitation program?
  • Question 4 (Let’s use data): Lyonya has to pay 52,902 Russian Rubles to cover Polina’s damages in the rehab facility. Compute the US dollar cost Lyonya had to pay to cover Polina’s damages (https://www.xe.com/ ).
  • Clip URL: https://criticalcommons.org/view?m=QpT8ByVyR
  • Concepts: Income inequality, labor market, education, technological progress
  • Background: Jinn was shot in the cities of Petra and Amman. In this clip, we meet Hosny’s family, a Bedouin teenager who disappeared from the ancient city and is suspected to be possessed by a spirit. Hosny’s family lives in Petra, in a modest and traditional house. Fahed lives in Amman, the capital and largest Jordan city, in a modern villa with a pool.
  • Question: Compare the Bedouins’ living conditions with those of Amman’s high schoolers. Explain the societal issue of economic inequality and identify potential causes by comparing Hosny and Fahed’s lifestyles.
  • Clip URL: https://criticalcommons.org/view?m=CJ1F6wJJO
  • Concepts: Opportunity cost of time, labor participation
  • Background: Journalist Dapo Banjo decides not to investigate a time-sensitive matter, to take care of his son instead. Conciliating career and childcare is a dilemma most families must navigate.
  • Question: Using course concepts, discuss how having to provide childcare impacts labor market decisions.
  • Clip URL: https://criticalcommons.org/view?m=Qq8HFpP7m
  • Concepts: Option value, decision under uncertainty.
  • Background: Carlos is offered a spot in a good soccer development academy (Argentinos).
    However, better academies exist, and Carlos dreams of joining Boca’s Academy, the most
    prestigious in Argentina. Therefore he has to decide whether to join Argentinos or give up on
    this opportunity and see whether a better academy will select him.
  • Question: Discuss the decision process Carlos has to go through to make this decision to join
    (or not) Argentinos’ academy. What risk is he taking by rejecting Argentinos’ offer?
  • Clip URL: https://criticalcommons.org/view?m=JOzsDB2me
  • Concepts: Investment in human capital, net present value.
  • Background: Carlos and Danilo are young teenagers and it is time for them to make study
    choices. They could continue with school or try to become professional soccer players by
    joining a development academy. First, Carlos and Danilo, and then Adrianna and Segundo
    discuss that choice considering potential future outcomes and how both options are mutually
    exclusive.
  • Question: Explain how economists think about making education decisions. Apply this
    decision-making to Carlos and Danilo’s situation and explain why they both prefer investing
    in soccer development instead of continuing school.
  • Clip URL: https://criticalcommons.org/view?m=Uj8VomDh5
  • Concepts: Monopsony power.
  • Background: Many young teenagers dream of becoming soccer stars. However, very few
    have the chance to even try. To become professional soccer players, young teenagers must
    join a development academy. Still, very few spots are available, and only the most talented
    are selected, which creates extreme competition between the teenagers and adds additional
    pressure on them.
  • Question: Describe the competitive process among teenagers willing to join development
    academies.
  • Clip URL: https://criticalcommons.org/view?m=PDW380V5n
  • Concepts: Skilled labor, trade–off, productivity.
  • Background: Jet has some knowledge about mechanics, but he is not a trained expert. This allows him to make some repairs on the spaceship, but they may not always be appropriate. The clip portraits a situation where a mechanical expert looks at and needs to fix an improper repair that Jet made.
  • Question: Should Jet repair the spaceship on his own? Using the concept of trade-off, discuss the pros and cons of using a professional repair service for somebody who has some knowledge about what needs to be repaired.
  • Clip URL: https://criticalcommons.org/view?m=flTEp4deg
  • Concepts: Tradeoff, opportunity cost.
  • Background: In this clip, Zeynep is offered her dream job in London. However, she is also a member of the loyals, the secret society that devotes their lives to help the protector. She finally decides to decline the job offer in London to stay and help the protector in his duties.
  • Question: Using economics concepts, explain why Zeynep declined the job offer in London.
  • Clip URL: https://criticalcommons.org/view?m=7WoOGDf7j
  • Course Classification: Macroeconomics, Labor
  • Concepts: Employment Protection Laws, unemployment
  • Background: Emily gets fired by Sylvie. Disconcerted, she shares the news with her coworkers.
  • Question: Luc and Julien explain to Emily that it is not easy to fire an employee in France. Research employment protection laws in the United States and in France. Explain the impact of greater job security on unemployment rate.
  • Clip URL: https://criticalcommons.org/view?m=Ztp4EhreF
  • Concepts: Incentives, extrinsic motivation, opportunity cost.
  • Background: Spike needs intel from the sushi chef, but the sushi chef is not interested in
    taking risks to get it. However, after Spike shows him a large amount of money, the Sushi
    chef accepts to look into the information Spike needs.
  • Question: Why did the money provided by Spike change the sushi chef’s answer? Explain
    using basic economics concepts.
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