Check out this newest Herschel’s World of Economics DVD! In the first program, Herschel starts his own doggie treat business, with a little help from Dr. Day, of course. Herschel soon discovers, among many other things, that he can’t raise the price of doggie treats as high as he wants, that all his sales revenues are not profit, and that he has to deal with competition from his friends, Rover and Clover, who have started their own doggie treat business - with prices lower than Herschel’s!
Your students will be introduced to many important economic concepts as they follow Herschel’s humorous business ventures. These concepts are identified in the National Voluntary Content Standards in Economics and most state standards.
Program 1: Herschel Learns to Give, Save, and Invest (Saving and Investing)
Herschel learns how to give and save part of his income. He then decides to invest in his own doggie treat business.
Program 2: Herschel Starts His Own Business (Production Costs, Profit, Demand, Price)
Herschel learns that the costs of productive resources affect his profit. To increase profits he decides to raise his prices. Will it work?
Program 3: Herschel Faces Competition (Supply, Demand, Competition)
Herschel faces competition from his friends Rover and Clover. He decides to increase the demand for his doggie treats by advertising
Program 4: Herschel Produces More (Productivity, Specialization, Investing, Capital Resources)
Herschel must increase productivity if he wants to compete successfully with Rover and Clover, who are also selling doggie treats. Herschel and his co-workers decide to specialize and invest in more capital resources.
Program 5: Herschel Makes a Tough Decision (Trade-offs, Interdependence)
By specializing in production, Herschel realizes how interdependent he and his co-workers are. He also realizes that he is working too hard. Should he cut back? Should he trade off work hours for more time to play with his friends?
All five programs come on one DVD. Order Now! $25
Teacher's Guide: Use this practical Teacher's Guide to help you teach the concepts. This 20 item Herschel Economics Test is also available to evaluate your students on what they learned!
The Original Herschel DVD: Check out the Original Herschel's World of Economics DVD!
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