Present Value Videos using Explain Everything

[PJ Glandon]

Hello gang!  I've created 3 shortish (they should be shorter really) videos I plan to use to teach present value in my principles Macro course.  The first video explains the intuition and the second two videos are practice problems with solutions. I created them with Explain Everything on my iPad.

PV Intuition

PV Easy Practice

PV Intermediate Practice

One general lesson I learned is that creating a clean and crisp video takes a lot of time (though I hope it will take less time now that I've learned the software a bit better).

Here are a few tips for explain everything that worked well for me:

1) Create your slides outside of the program (using powerpoint or whatever).

 - I found that creating and editing slides in the software was very slow relative to powerpoint

2) The more slides the better.  

- This way if you mess up a part of the video that can't be edited in the software, you don't have too much do over work.

3) Plan to record your narrative after you've done your drawing

 - It can't hurt to do it simultaneously, but the stylus I used was loud and even using an external mic couldn't solve this problem. So I just locked the video and recorded over the audio.

4) Use a script.  

 - I tried it without a script and for my taste, it was way too slow. I also ended up having to do too many retakes.

5) Use an external mic.

- This is the mic I used because I had it already.  It requires an adaptor for the ipad.  You could also use the iphone headphones that have a built in microphone.