ACDC Leadership
Price Discrimination- Micro Topic 4.3
In this video I explain how to draw a monopoly with first degree price discrimination. Try pausing the video to see if you can show price, consumer surplus, and profit on the graph. Please keep in mind that these clips are not designed...
ACDC Leadership
Floating and Fixed Exchange Rates- Macroeconomics
Float it or fix it? Mr. Clifford expalins the difference between floating and fixed exchange rates and how countries peg the value of their currency to another currency.
ACDC Leadership
Time Value of Money- Macroeconomics
Should you take $100 today or $200 in two years? Mr. Clifford expalins how to calculate the future value and the present value of money.
ACDC Leadership
Public Goods and Free Riders- Micro 6.1
"You didn't build that!" Mr. Clifford expalins the characteristics of public goods and the free rider problem
ACDC Leadership
Short-Run Costs (Part 1)- Micro Topic 3.2
In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC.
ACDC Leadership
Micro Unit 3 Intro- Costs of Production and Perfect Competition
A quick overview of what you will cover in the third unit of Microeconomics. Virtually all teachers will cover the same topics, but keep in mind that some teachers might teach a few concepts in a different order.
History Hit
10 Steps to World War Two: Hitler takes the Saarland and rearmament
Where is Saarland located and why was it important? As Germany started rearmament, why wasn't Hitler challenged for this? 10 Steps to World War Two, Part 2
ACDC Leadership
Foreign Exchange Practice- Macro Topic 6.4 and 6.5
In this video I explain foreign exchange and how the value of currencies change. Remember that the trick is to remember that you supply your currency and the people in other countries demand your currency. Thanks for watching.
ACDC Leadership
Cost-Benefit Analysis- Micro Topic 1.5
Hey internet! This is Jacob Clifford. In this episode I explain explicit and implicit benefits and costs. I also define utility and explain the idea of cost-benefit analysis.
The answers to the practice questions are in the comments...
Curated Video
The History and Recipe of Doughnuts
Doughnuts are a form of fried dough pastry that usually has a hole in the middle. Learn about theories on who invented the doughnut and try a simple doughnut recipe.
History Hit
10 Steps to World War Two: Suchetenland Crisis and the occupation of Czechoslovakia
What was the most iconic moment during the appeasement? What was the watershed moment when it came to the occupation of Czechoslovakia? 10 Steps to World War Two, Part 4
Mazz Media
Breathing and Cellular Respiration
In this live-action program viewers will learn that oxygen is necessary for life and is used to create energy in cellular respiration. Students will come to understand Cellular respiration is required for life, and breathing, which is...
ACDC Leadership
Circular Flow Matrix- How the economy works
In this video I explain the Circular Flow Matrix and how products, resources, and money flow in a market economy. I also define the factors of production, public sector, and factor payments. Keep in mind that households and businesses...
Mazz Media
Exercise and Cardio Vascular Activity
In this live-action program viewers will learn that cardiovascular activity is any action that elevates your heart rate for an extended period of time. Students will come to understand that changes in our cardiovascular system occur when...
Professor Dave Explains
Understanding How Prices Work in a Free Market
Now that we know about supply and demand, we are ready to talk about prices, and how they dictate the dynamics of a free market economy. Free markets lead to an efficient distribution of resources, however there are exceptions, such as...
Curated Video
Supply and Demand: The Force Behind a Cup of Coffee
This video explains how supply and demand work, and how they affect the price of goods and services. It uses the example of a coffee shop to illustrate how changes in supply and demand can impact the price of coffee, and how businesses...
The Economist
What you should know about chickens
People eat 65 billion chickens every year. It is the fastest-growing meat product. Yet pound for pound the price of chicken has fallen sharply. How has this happened?
Weird History
The Brideships of Jamestown
Jamestown, Virginia, arose as the first permanent English settlement in the New World, largely thanks to the strength and resilience of the Jamestown colony brides. The initial group of settlers, all male, arrived and built James Fort in...
FuseSchool
Hydrocarbon Cracking & Why It Is Done
Learn the basics about the cracking of hydrocarbons and why it is done.
ACDC Leadership
Production Possibilities Curve Review
In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching.
Curated Video
Understanding Shifts in Demand and Supply Diagrams
The video is a lecture on shifts in demand and supply diagrams in economics. The presenter explains the key terms and concepts related to demand and supply and how they are combined for demand supply analysis. Different types of shifts,...
Professor Dave Explains
Supply and Demand
Supply and demand! We've all hear these terms before, and we probably have a pretty solid conception of what they mean. But let's formalize them a bit by looking at the law of demand and the law of supply, as well as the substitution...
Curated Video
Understanding Indirect Taxes and Tax Incidence in Markets
This video explains the concept of indirect taxes and how they are imposed by the government on the purchase of goods and services. The video highlights two forms of indirect taxes - specific or unit taxes and ad valorem taxes or...