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DeSTRESS Film 2: Understanding Formulae: The Middleman

By destress project


DeSTRESS films combine live-action explanation and interviews, filmed in a variety of locations, with narrated animations that take the viewer through a worked example. The middleman is often thought of as a useless parasite who charges fees for unnecessary services. By using a simple formula this film shows how a 'middleman" can be very productive by minimizing transactions costs. Duration 15'16"

Topics: economics, statistics, efficiency, destress project, transaction costs, Social studies, L000
Year: 2012
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Provided by: Jorum Open
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