Curated Video
Understanding Demand Curves and Shifts
The video explains the concept of demand curves in economics. The video also explains the law of demand, then goes on to explain how changes in non-price factors, such as income or the prices of complementary or substitute goods, can...
ACDC Leadership
Elasticity of Demand- Micro Topic 2.3
Why don't gas stations have sales? I explain elasticity of demand and the differnce between inelastic and elastic. I also cover the total revenue test and give you a little trick to remember it. Thanks for watching.
Curated Video
Understanding Elasticity: The Difference between Elastic and Inelastic Demand
This video lecture explains the concept of elasticity and focuses on the difference between elastic and inelastic demand. The lecture also covers the basic formula for price elasticity of demand (PD) and how to interpret PD values,...
Curated Video
Consumer and Producer Surplus in Economics
The video provides an overview of consumer and producer surplus and how they are represented on demand-supply diagrams. It explains how the demand curve is derived and how individual consumers' reservation prices determine consumer...
Curated Video
Understanding Exchange Rates: Basics and Effective Exchange Rates
The video provides a comprehensive introduction to exchange rates, covering basic definitions such as what an exchange rate is, how demand and supply for currency works, and how the exchange rate is determined. The video also discusses...
Curated Video
Consumer Behaviour: Rational Decision Making and Utility Theory
This video discusses the topic of consumer behavior, starting with the concept of utility and how it relates to overall satisfaction or well-being. The video then explores rational decision making and how economic agents respond to...
Curated Video
Understanding Oligopolies: Market Structure and Outcomes
This video discusses the concept of oligopolies in market structure. The video emphasizes the high interdependency between firms in oligopoly markets and the lack of a specific theoretical explanation for how oligopolies behave. It...
Curated Video
Understanding Demand Curve Shifts
The video is a lecture on how demand curves shift in economics. The video discusses the two types of shifts - outward shifts and inward shifts - and their implications for the quantity demanded of a good at different prices. The video...
ACDC Leadership
Taxes on Producers- Micro Topic 2.8
I explain excise taxes any show what happens to consumer surplus, producer surplus, and deadweight loss as a result of a tax. Make sure to watch the section about tax incidence and who pays the majority of a tax.
Curated Video
Introduction to Individual and Market Demand Curves
This video is a lesson on individual and market demand curves as part of an economics course. The presenter explains how each individual consumer decides on how much of a product they want to buy at a certain price and how this can be...
Curated Video
Understanding Price Elasticity of Demand
This video discusses the topic of elasticity, specifically the price elasticity of demand within the context of the impact of Brexit on the UK agricultural market. The video explores the concept of elasticity and how it can be used to...
ACDC Leadership
Monopoly Graph Review and Practice- Micro Topic 4.2
In this video I explain how to draw and anaylze a monopoly graph. Make sure to answer the questions and check out the bonus dance at the end. No! We can't play the board game.Thanks for watching
ACDC Leadership
Monopolistic Competition in the Long-Run: Econ Concepts in 60 Seconds
Mr. Clifford's 60 second explanation of how to draw monopolisticly competitive firm in long run equilibrium. Remember that ATC must hit the demand curve at the "sweet spot". In the bonus round learn why the firm is not efficient and...
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,...
Curated Video
Analysing Taxes and SubsidiesAnalyzing Taxes and Subsidies: A Guide to Understanding Their Effect on Markets
The video is a lecture on how taxes and subsidies affect a market. The speaker explains the key terms and concepts, such as the shifts in the supply and demand curves caused by taxes and subsidies, the incidence of taxes, the revenue...
ACDC Leadership
Supply and demand in 8 minutes
I made this video to give you a quick overview of supply and demand. I cover the law of demand, law of supply, shifters of demand and supply, shortage, surplus, and changes in equilibrium. I go pretty quick so watch the entire video...
ACDC Leadership
Supply and Demand Practice
If you need to practice supply and demand you came to the right place. In this videos I give a quick three minute overview of a competitive market and then give you eight practice questions. Your job is to figure how out how the demand,...
Bloomberg
What's Behind the Surge in Food Costs?
May.06 -- Roland Fumasi, regional head of food and agriculture research at Rabobank, discusses the outlook for agricultural commodities. Skyrocketing crop prices are fueling fears about soaring food costs and hunger around the globe....
Bloomberg
U.S. Trade for First Quarter Was 'Net Positive,' CEA's Hassett Says
Apr.26 -- White House Council of Economic Advisers Chairman Kevin Hassett discusses U.S. first-quarter economic growth with Bloomberg's Romaine Bostick and Caroline Hyde on "Bloomberg Markets: The Close."
Federal Reserve Bank
Episode 2: Demand
How do people respond when the price of an item increases? Do they want more or less of that item? Young economists investigate the impact of the law of demand on the economy. A short video highlights the concept of prices in relation to...
Federal Reserve Bank
Episode 6: Demand
Have you ever noticed that the price of an item in the store suddenly drops or rises? Historians investigate the concept of demand in the sixth installment of a 21-part Economic Lowdown series explaining aspects of the economy. A podcast...
Jacob Clifford
Change in Demand vs Change in Quantity Demanded
Introduce your young economists to the completely distinct concepts of change in demand versus change in quantity demanded. Like having a personal economics instructor in your own home, Mr. Clifford guides students through this...
Federal Reserve Bank
St. Louis Fed: Demand: The Economic Lowdown Podcast Series, Episode 6
Economic Lowdown Podcast [6:57] examines the law of demand and teaches us about consumer expectations and buyer behaviors and how all of that correlates with price.
The Economics of Seinfeld
The Economics of Seinfeld: Concept: Change in Demand
Economics lesson uses the humor of Seinfeld to teach the basic economics concept of change in demand. Students learn about supply and demand curves and the many factors that can cause a shift from these funny Seinfeld clips.