Jacob Clifford
Multiplier and Spending Practice
Walk your learners through the process of how government determines to shift its spending in order to address a recessionary gap using the multiple propensity to consumer.
Jacob Clifford
Multiplier and Taxes Practice
How does the math work behind cutting taxes to close a recessionary gap? Here an economics instructor walks viewers through the step-by-step process of working with the spending multiplier to calculate changes in taxes and closing...
Jacob Clifford
Calculating the Multiplier
Watch as an instructor guides viewers through a quick practice of calculating the spending multiplier in economics, as well as reviews the implications of increased individual spending or saving on the economy.
Jacob Clifford
Multiplier Effect, MPC, and MPS
Introduce the multiplier effect to your class members and help them understand the difference between the marginal propensity to consume and save.
Jacob Clifford
Fiscal Policy: Non-Discretionary vs Discretionary
Review the difference between discretionary and non-discretionary fiscal policy, and the various types of government actions that belong in each category.
Jacob Clifford
Graphing Practice
Help your class members make sense of the different graphs in economics, from aggregate demand and supply to the phillips curve, production possibilities curve, and business cycle.
Jacob Clifford
Long-Run Aggregate Supply
What happens in the long run when aggregate demand increases? Find out how wages, aggregate supply, and the long-run aggregate supply graph are affected by following along with this economics instructor in his instructional video.
Jacob Clifford
Law of Diminishing Marginal Returns
Before delving into the concept of cost curves in your class, discuss the relationship between inputs and outputs and the law of diminishing marginal returns. Here, an instructor uses data and graphs representing friends mowing...
Jacob Clifford
The Phillips Curve (Short and Long Run)
How does one graph the Phillips curve? Here you'll find a great instructional video on how to use information and concepts from a basic aggregate supply and demand curve in order to draw the short run and long run Phillips curve.
Jacob Clifford
Inflationary and Recessionary Gaps with Fiscal and Monetary Policy
Where does the long run aggregate supply curve in graphs of an inflationary and recessionary gap? Check out this video for instruction on this process, as well as to learn about the motivations behind monetary and fiscal policy in...
Jacob Clifford
Aggregate Demand and Supply and LRAS
Learn about the "most important graph in all of macroeconomics: aggregate demand and aggregate supply". Here, an economics instructor explains how wages, resource prices, and supply are all affected within shifting aggregate curves.
Jacob Clifford
Intro - Aggregate Demand, Aggregate Supply, and Fiscal Policy
Similar to the value of reading a table of contents before delving into a complex textbook, check out this video introduction to a unit of economic concepts, including aggregate demand and supply and fiscal policy.
Jacob Clifford
Business Cycle Unit Summary
Experience the ebb and flow of the economy with a video reviewing the fundamental concepts of the business cycle. Here you'll find an explanation of how unemployment, GDP growth, and inflation are all present in a basic graph of the...
Jacob Clifford
Intro: Measuring the Economy
Our motivation to understand and measure the economy is a relatively new, yet also incredibly vital, endeavor. Quickly review the importance of macroeconomics and the major topics it entails, including GDP, CPI, the business cycle, and...
Jacob Clifford
Excise Tax Practice
How do consumers and producers both pay part of an excise tax, and how does the tax shift prices and quantity? This economics teacher demonstrates how to use a graph in order to answer these questions, as well as how to calculate tax per...
Jacob Clifford
Total Revenue Test and Elasticity Review
When prices go up in an elastic demand curve, what happens to total revenue? Your young economists will learn about this concept as they watch an engaging and informative speaker illustrate what happens through drawing different...
Jacob Clifford
Utility Maximization
How do producers maximize the benefit, or utility, of their products? This economics instructor attempts to answer that question in less than 60 seconds using avocados, mangos, and numbers as his tools.
Jacob Clifford
Consumer and Producer Surplus
What are the implications when consumers are willing to pay more for something than what they actually end up paying? Similarly, what happens when producers sell for more than they expect? Here is a video where an economics...
Jacob Clifford
Tariffs and Quotas
Crunch some numbers and gain a more comprehensive understanding of the concept of net gain after international trade, as well as how this affects domestic producers and consumers. Instructional content also includes a discussion of...
Jacob Clifford
Government Price Controls (Floors and Ceilings)
How do price ceilings result in shortages in the United States economy? Watch as an instructor uses graphs to illustrate this concept, as well as how price floors result in surpluses; all in less than 60 seconds!
Jacob Clifford
Supply and Demand
Here is a quick video in which a dynamic presenter illustrates the concept of shortage and surplus in 60 seconds!
Jacob Clifford
Intro - Supply and Demand
Here is the first video of a series on microeconomics in which the presenter summarizes what concepts he intends to cover. Use this to get an idea of the style of instruction, as well as to determine if the concepts covered, such as...
Federal Reserve Bank
The Fed - Helping Keep Banks Safe and Sound
What does an examiner look for when analyzing a bank's financial condition? In addition to learning about the 5-Cs for reviewing loans and CAMELS (capital, assets, management, earnings, liquidity, and sensitivity to risk), your learners...
Federal Reserve Bank
The Fed Is Protecting Your Money
A dollar bill, a check, a credit card, and... a cow? What exactly are the various forms of payment that exist today? Your learners will identify the three functions of money in this instructional activity. In addition, they will...