Economics Explained
The Economy of EVE Online
EVE Online is a massively multiplayer online game that is probably best known for articles about massive space battles with tens of thousands of players, or stories about in-game con men screwing over their allies after years of...
Economics Explained
The Economics of Disasters: GDP
The Wuhan Coronavirus, the active impeachment of a sitting US president, an earthquake and volcanic eruption in the Philippines, floods in Indonesia, the death of Kobe Bryant, magnitude 7.7 earthquakes in the Caribbean and even my...
Economics Explained
The Economic Policies of the 2020 Election - Trump v. Biden: Where This Money Will Go
This video discusses the importance of government spending, particularly during times of crisis, and compares the economic stimulus plans proposed by Trump and Biden. It highlights the need for timely and targeted stimulus to support the...
Economics Explained
The Economic Failure of Venezuela
Venezuela. Once the richest country in all of Latin America, it is now home to the single greatest economic downturn for a country in modern history. In terms of countries that had it easy, Venezuela, by all counts, should be at the top...
The Wall Street Journal
White House Chief of Staff Ron Klain on Washington After the Midterms
Ron Klain discusses how Republican control of the House will impact the president’s agenda to combat inflation, fund the government and support Ukraine.
Economics Explained
Is Hyperinflation Coming?: What Can Governments Do
Inflation is something we more or less take for granted these days. The idea that 5 dollars today is not going to be able to buy 5 dollars worth of stuff in the future, and the fact that you used to be able to buy a family home for 10...
Economics Explained
The Economic Policies of the 2020 Election - Trump v. Biden: Within The United States
The process of electing who will go on to be the most powerful man in the world always makes for big news but perhaps never more so than in 2020. This election is a chance, at least in theory, for the citizens of America to have their...
Curated Video
Understanding and Using Automatic Stabilizers in Economics
This video discusses automatic stabilizers and how they adjust to economic cycles and affect fiscal stimulus. He explains the technical aspects of automatic stabilizers, such as tax revenue, government spending, and welfare costs....
Economics Explained
How The U.S. Economy Just Lost 33 Percent Of Its Value: GDP Economic Plunge
Last Thursday on the 30th of July 2020, the U.S. Bureau of Economic Analysis released its 2nd quarter Gross Domestic Product report. The report noted a 32.9% contraction in annual GDP growth in the months of April, May, and June. For...
ACDC Leadership
GDP and the Circular Flow- Macro Topic 2.1
In this episode I explain the Gross Domestic Product (GDP), the three ways it is calculated, and connect it to the financial sector. I also explain how George Washington's death is similar to the Great Depression. Weird huh? Thanks for...
ACDC Leadership
Macro 2010 FRQ #1- AD/AS and Loanable Funds
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics course.
Professor Dave Explains
The Difference Between Fiscal and Monetary Policy
Governments are typically concerned with curbing both unemployment and inflation, and there are two ways they approach this, fiscal policy and monetary policy. These are tools that can be used to speed or slow economic growth. What are...
Professor Dave Explains
Federal Spending, Debt, and Deficits
Governments spend and borrow money just like people do. But it's a little more complicated. Is it bad for a government to be in debt? Who does a government borrow money from? How is federal spending determined? What are the types of...
ACDC Leadership
Keynesian Economics and Deficit Spending with Jacob Clifford
In this video I explain Keynesian economics, the idea of the multiplier effect, the broken window fallacy, and the tradeoffs of government spending to get out of a recession. Be sure to leave a comment and tell me what you think of John...
Curated Video
Understanding Aggregate Demand: Movements and Shifts in the Curve
This video explains the concept of aggregate demand and how it represents the total expenditure on domestically produced goods and services at different price levels. It also highlights the inverse relationship between the average price...
ACDC Leadership
Aggregate Demand- Macro Topic 3.1
In this video. I explain the most important graph in most introductory macroeconomics courses- the aggregate demand model. In this video I cover aggregate demand (AD), aggregate supply (AS), and the long run aggregate supply (LRAS). Make...
ACDC Leadership
Fiscal & Monetary Policy - Macro Topic 5.1
In this video I overview fiscal and monetary policy and how the economy adjust in the long run. Keep in mind that fiscal and monetary policy shift aggregate demand while waiting for the economy to adjust is a shift in aggregate supply....
Curated Video
Understanding Fiscal Policy: Effects on Government Budget, National Debt, and the Economy
This video discusses the concept of fiscal policy, which is the use of government revenue and spending to influence the economy. It explains how government tax and spending plans are outlined in a budget and how they can lead to a...
ACDC Leadership
The BIG Picture- AP Economics Overview
This videos uses the Circular Flow Model to explain the big picture ideas of AP microeconomics and macroeconomics.
ACDC Leadership
Macro FRQ Practice- 2017 #1- Phillips Curve, AD/AS, Forex
Hey econ student! How are you? Well, I made this video to help you practice and sharpen your skills. I go over the first FRQ in the 2017 Macro AP exam.
Press Association
We won't be coming back with more borrowing or taxes - Chancellor - full CBI session
The Chancellor told the CBI conference she would not be coming back with more borrowing or taxes.
Asked if she could confirm there would be no more big tax rises on businesses, Rachel Reeves said: “I faced a problem, and I faced into...
Bloomberg
'Who Can Unite Us?:' Rep. Malliotakis on House Speaker Race
Republican Representative of New York, Nicole Malliotakis, discusses where she stands on Rep. Steve Scalise (R) Louisiana and Rep. Jim Jordan (R) Ohio running for Speaker of the House. Malliotakis also gives her remarks why House...
Bloomberg
Former Dallas Federal Reserve Chief Kaplan Expects 'Pause' Next Week
"We'll see a pause next week. However, the economy is resilient heavily because of fiscal spending. Unspent American Rescue Act funds the Inflation Reduction Act, the Infrastructure Act. And because of that, the Fed is going to need to...
Bloomberg
First Look With Surveillance: UK Inflation, Country Garden
Guy Johnson and Kriti Gupta take you through what to watch today.