TED-Ed
TED-ED: The paradox of value - Akshita Agarwal
Imagine you're on a game show and you can choose between two prizes: a diamond - or a bottle of water. It's an easy choice _ the diamonds are more valuable. But if given the same choice when you were dehydrated in the desert, after...
TED-Ed
TED-ED: Will the ocean ever run out of fish? - Ayana Elizabeth Johnson and Jennifer Jacquet
When most people think of fishing, we imagine relaxing in a boat and patiently reeling in the day's catch. But modern industrial fishing -- the kind that stocks our grocery shelves -- looks more like warfare. Ayana Elizabeth Johnson and...
TED-Ed
TED-Ed: What causes economic bubbles? - Prateek Singh
During the 1600's, the exotic tulip became a nationwide sensation; some single bulbs even sold for ten times the yearly salary of a skilled craftsman. Suddenly, though, the demand completely plummeted, leaving the tulip market in a...
TED-Ed
TED-Ed: How people rationalize fraud - Kelly Richmond Pope
If you ask people whether they think stealing is wrong, most of them would answer yes. And yet, in 2013, organizations all over the world lost an estimated total of $3.7 trillion to fraud. Kelly Richmond Pope explains how the fraud...
TED-Ed
TED-ED: History through the eyes of the potato - Leo Bear-McGuinness
Baked or fried, boiled or roasted, as chips or fries; at some point in your life you've probably eaten a potato. But potatoes have played a much more significant role in our history than just that of the dietary staple we have come to...
TED-Ed
TED-ED: How does money laundering work? - Delena D. Spann
Money laundering is the term for any process that "cleans" illegally obtained funds of their "dirty" criminal origins, allowing them to be used within the legal economy. And the practice is about as old as money itself. But how does it...
TED-Ed
TED-Ed: What is a gift economy? - Alex Gendler
What if, this holiday season, instead of saying "thank you" to your aunt for her gift of a knitted sweater, the polite response expected from you was to show up at her house in a week with a better gift? Or to vote for her in the town...
TED-Ed
TED-Ed: The famously difficult green-eyed logic puzzle - Alex Gendler
One hundred green-eyed logicians have been imprisoned on an island by a mad dictator. Their only hope for freedom lies in the answer to one famously difficult logic puzzle. Can you solve it? Alex Gendler walks us through this green-eyed...
TED-Ed
TED-Ed: Where does gold come from? - David Lunney
Did you know that gold is extraterrestrial? Instead of arising from our planet's rocky crust, it was actually cooked up in space and is present on Earth because of cataclysmic stellar explosions called supernovae. CERN Scientist David...
TED-Ed
TED-ED: The history of chocolate - Deanna Pucciarelli
If you can't imagine life without chocolate, you're lucky you weren't born before the 16th century. Until then, chocolate only existed as a bitter, foamy drink in Mesoamerica. So how did we get from a bitter beverage to the chocolate...
TED-Ed
TED-ED: The life cycle of a t-shirt - Angel Chang
Consider the classic white t-shirt. Annually, we sell and buy 2 billion t-shirts globally, making it one of the most common garments in the world. But how and where is the average t-shirt made, and what's its environmental impact? Angel...
Vlogbrothers
Understanding America's Debt Problem
In which John discusses the U.S. public debt, our dangerously high debt to GDP ratio, the S&P's downgrade of America's credit rating, and why our debt may not be as unmanageable as it seems. There's also some general discussion of...
ACDC Leadership
Key Graphs of AP Macroeconomics
It's time to review the 5 key graphs of macroeconomics. Make sure to watch the videos explaining each graph.
ACDC Leadership
Macroeconomics- Everything You Need to Know
*Note* At 25:48, the signs are reversed. I talk about scarcity, opportunity cost, the PPC, comparative advantage, supply and demand, GDP, unemployment, inflation, aggregate demand and supply, LRAS, Phillips Curve, economic growth, fiscal...
ACDC Leadership
Macroeconomics Practice Exam #1 Answers
The Ultimate Review Packet has 2 Macro exams and 2 Micro Exmas. In this video I go over the answers to all 60 of the multiple choice questions on the first practice AP MACRO exam.
ACDC Leadership
Are you faster than Clifford? Macro Edition
Can you draw the graphs of macroeconomics faster than me? Also, share this video with your teacher and see if he or she can beat my best times. Here are my times: 14 seconds- AD/AS showing recessionary gap 21 seconds- Money market with...
ACDC Leadership
Macro Unit 2 Summary (Old Version)- Measuring the Economy
Hey, this is Jacob Clifford and welcome to the Macro Unit 2 Summary. This unit is about measuring the economy and covers topics like GDP (1:04), the business cycle (6:15), unemployment (7:28), the types of unemployment, the natural rate...
ACDC Leadership
Are you faster than Clifford? Micro Edition
Can you draw the graphs of microeconomics faster than me? Also, share this video with your teacher and see if he or she can beat my best times. Here are my times: 15 seconds- Natural monopoly regulated at socially optimal 23 seconds-...
ACDC Leadership
Macro 3.4- The Phillips Curve (Short and Long Run)AP Economics
Mr. Clifford's explanation of the short run and long run Phillips curves. In the short run, there is a negative relationship between inflation and unemployment. In the long run, there is no trade-off between inflation and unemployment....
ACDC Leadership
Demand and Supply Explained Part 2 - Macro Topic 1.5 (Micro Topic 2.2)
In this video I explain supply, the law of supply, the shifters of the supply curve, equilibrium, surplus, and shortage. Make sure to draw the graphs on your own.
ACDC Leadership
Financial Assets and Money- Macro 4.1 and 4.3
Hey macroeconomics students! In this video I explain the three functions of money, how economists classify money, the difference between stocks and bonds, and the relationship between interest rates and bond prices. I know it’s heavy on...
ACDC Leadership
Econ 2.4 Supply and Demand Curves (Old Version)- ACDC Econ
Mr. Clifford's explanation of the Law of Demand and the Law of Supply. He also shows why demand curves are downward sloping and supply curves are upward sloping. Please keep in mind that these clips are not designed to teach you the key...
ACDC Leadership
Does economics make you selfish?
Thank you so muych for watching my videos. In this video I explore some arguments regarding why economics makes people selfish. I inlcuded several artciles about the subject below. Please feel free to read them over and let me know if...
ACDC Leadership
Macro Unit 2 Summary (New Version)- Measuring the Economy
Hey, this is Jacob Clifford and welcome to the Macro Unit 2 Summary (new version). This unit is about measuring the economy and covers topics like GDP (2:17), unemployment (8:16), inflation/CPI (12:47), the business cycle (19:55).