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Micro Unit 2 Intro- Supply and Demand
A quick overview of what you will cover in the second 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.
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Macro Unit 1- Practice Questions #2
This is a practice quiz for Macroeconomics Unit 1. The questions are designed for AP and college introductory economics.
Institute for New Economic Thinking
Sheila Dow - Why Economists Think How They Think
Economists argue over how the economy works or what is the best fiscal policy to recover from the current crisis. Sheila Dow looks behind the curtain of these debates; she seeks to find out why particular theories are being advanced, and...
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Review Activity- What's Wrong with this Picture?
This activity is designed to help you master the key graphs of macroeconomics or microeconomics. If you can spot what’s wrong with each graph you will be less likely to make those mistakes. The handout for the activity is free and is...
Institute for New Economic Thinking
Capitalism: Competition, Conflict, Crisis
Competition and conflict are intrinsic features of modern societies, inequality is persistent, and booms and busts are recurrent outcomes throughout capitalist history. State intervention modifies these patterns but does not abolish...
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Micro Unit 4, Question 3- Monopoly, Elastic Range
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.
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Macro 3.1 AD, AS, and LRAS (Additional Version)
This is an old video where I explain aggregate demand, aggregate supply, and long run aggregate supply. Keep in mind that the "long run" is not a specific amount of time. The long run refers to enough time for resource prices (like...
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Macro Unit 4 Intro- Money and Monetary Policy (AP Macroeconomics)
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics course.
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Macro Unit 2- Practice Questions #1
This is videos has 11 practice multiple choice questions for Macroeconomics Unit 2: Measuring the Economy. The questions are designed for AP and college introductory economics. Do your best and feel free to click on the "learn more" link...
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2010 FRQ #2- Resource Market and Firm
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.
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Macro 2009 FRQ #3- Money Multiplier
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics course.
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Macro Unit 4, Question 2- Bank Balance Sheet
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics course.
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Micro Unit 1- Practice Questions #2
This is a practice quiz for Microeconomics Unit 1. The questions are designed for AP and college introductory economics.
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Macro 2012 FRQ #1: PPC, OMO, Money Market, and Balance of Payments
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics course.
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Micro Unit 5, Question 8- Hiring Workers
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.
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Fiscal Policy and the Tax Multiplier Practice (2 of 2)- Macro Topic 3.8
In this video I explain how changes in taxation are different than changes in government spending. Keep in mind that tax cuts have less of an effect on AD than increasing spending since people save a portion of a tax cut. Thanks for...
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Macro Unit 2- Practice Questions #2
This is videos has 7 practice multiple choice questions for Macroeconomics Unit 2: Measuring the Economy. The questions are designed for AP and college introductory economics.
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Limitations of GDP- Macro Topic 2.2
Hey, thanks for watching. In this episode I explain the limitations of GDP and why it's not the best way to measure standard of living. I talk about GDP per capita, income inequality, the environment, and the shadow economy. Just to...
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Macro Unit 2.5- CPI Practice AP Macroeconomics
In this video I explain of how to calculate CPI for different base years. Make sure to try it on your own in the bonus round.
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Macro 2012 FRQ #2- Bank Balance Sheets
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics course.
Institute for New Economic Thinking
Introduction to the Money View Blog
In this video, Perry Mehrling gives a visual introduction to his INET blog, titled "the Money View."
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(Old Version) Macro 2.3- Unemployment and Natural Rate of Unemployment- AP Macro
Mr. Clifford's explanation of frictional, structural, and cyclical unemployment and the natural rate of unemployment. Remember that "full employment" is not 0% unemployment. Even a normal health economy will experience frictional and...
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NEW AP® Economics Teacher Resources
Check out my new and improved AP® Economics Teacher Resources (2015).
Institute for New Economic Thinking
Giovanni Dosi -- The Survival of the Riskiest
Financial fragility does not fall from the sky. That's why treating risk as if it comes from exogenous shocks can't capture the reality of financial markets. In Giovanni Dosi's models, systemic risk is inherent to the financial system...