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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
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...
The answers to the practice questions are in the...
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.
ACDC Leadership
Price Ceilings and Floors- Micro Topic 2.8
In this video I explain what happens when the government controls market prices. Price ceilings are a legal maximum price and price floors are a minimum legal price. Make sure that you can draw each of them on a demand and supply graph...
ACDC Leadership
Macro 2017 FRQ #2- Money Market, Bond Prices, Open Market Operations
In this video I go over the Macro 2017 FRQ #2. It covers the money market graph, bond prices, and open market operations. Try the question on your own the watch the video to see how you did. Thanks for watching.
ACDC Leadership
7 Steps to ROCK your AP Econ Exam
Hey econ students. I made this video to help you get ready for you AP Econ Exams.
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.
Professor Dave Explains
Introduction to Economics
What is economics? Yes, of course it has to do with money. But beyond the concepts that we might immediately think of, like taxes, gross domestic product, and the stock market, which belong to macroeconomics, we must also understand...
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.
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,...
ACDC Leadership
Elasticity Overview and Tips- Micro Topics 2.3, 2.4, and 2.5
Hey econ students! This video is an overview of elasticity. Be sure to learn and practice these concepts before you watch (see links below). I made this video to compare and contrast the four types of elasticity (price elasticity of...
ACDC Leadership
Elasticity Practice- Supply and Demand
Thanks for watching! In this video I explain the total revenue test, elasticity of demand, elasticity of supply, cross-price elasticity, and income elasticity. Make sure to pause the video and try to answer the seven questions on your own.
ACDC Leadership
Cost-push Inflation and Demand-pull Inflation
In this video I explain hyperinflation and the difference between cost-push and demand-pull inflation.
ACDC Leadership
The Federal Reserve System- Quick Overview
A quick overview of the FED and monetary policy. Enjoy!
ACDC Leadership
The Economics of Halloween with Jacob Clifford
Economics is everywhere. To prove it, I made a short video covering a few econ concepts you see on Halloween.
ACDC Leadership
Markets: Consumer and Producer Surplus- Micro Topic 2.6
In this episode I talk about how competitive markets allocate resources and consumer and producer surplus. I also talk about inefficiency and deadweight loss. Make sure to practice calculating CS, PS, and DWL
Emergent Order
The Economics of Dallas Buyers Club
How do entrepreneurship and crony capitalism intersect with federal regulation and the Food and Drug Administration in Dallas Buyers Club? This is a fascinating video that covers a wealth of economic concepts while referencing the recent...
Emergent Order
"The Cluster of Errors" - The Austrian Theory of Boom and Bust
Does the financial crises of 2008 fit the Austrian economic theory of "boom and bust"? American economics professor Lawrence H. White discusses economists' rationale for following interest rates and the reliability of...
Jacob Clifford
Macroeconomics 15 Minute Review
Don't underestimate the amount of content you can review in under 15 minutes! Watch as this familiar and savvy economics instructor provides an overview of all macroeconomics, from scarcity and the production possibilities...
Jacob Clifford
Key Graphs of AP Macroeconomics
Every AP economics student should watch this video! In just a few minutes, Mr. Clifford offers an overview of macroeconomics and the five key graphs that an AP econ student can expect to find on the final exam: aggregate demand and...
Emergent Order
Deck the Halls with Macro Follies
Does consumer spending really grow the economy? Check out this well-produced, comical and memorable video to consider this question with your young economists.
Crash Course
Monopolies and Anti-Competitive Markets
Take your knowledge of monopolies off the board game and into economic concepts with an engaging video from Crash Course Economics. It explains the philosophy behind government regulations of monopolies and horizontal integration, the...