Econ 120: Two-Minute Economic Lessons (Value)

"Value" explains how to make good decisions when your options include things that have price tags (market values) AND things that do not (nonmarket values). "Value" is the second installment of the "Econ 120" series, where a dorky but lovable economist explains economic concepts in plain English. Filled with anecdotes and real-world examples, each "lesson" lasts about two minutes, or 120 seconds—thus, "Econ 120." These animated features are produced by the NOAA Coastal Services Center, targeting the needs of local government officials and others who manage the natural resources of our nation's coasts. Econ 120 can be viewed at http://csc.noaa.gov/gallery/videos.html.