Curated Video
Market Competition: Understanding Perfect Competition and Monopoly
This video discusses the concept of market competition and how it affects outcomes like prices, efficiency, and outputs. The video then introduces two important forms of market competition: perfect competition and monopoly. The speaker...
Curated Video
Allocative Efficiency: Definition, Importance, and Market Structures
The video is a lecture on allocative efficiency, which discusses the optimal allocation of resources to produce goods that consumers actually want. The lecturer explains allocative efficiency in detail, including how it's different from...
The Wall Street Journal
Regulating America's Companies
The Securities and Exchange Commission has a new agenda. How will it affect companies and markets?
Institute for New Economic Thinking
Erik Berglof: Building a Bridge Between Political And Economic Reform
Since it's release in late 2013, the European Bank for Reconstruction and Development's Transition Report "Stuck In Transition" has generated a lot of attention for its compelling and provocative conclusions about the intersection...
Curated Video
Introduction to Collusion in Oligopoly Markets
This is a lecture video discussing collusion in markets, particularly in oligopoly markets. The speaker introduces the concept of collusion and explains why and how it prevails in certain markets. The video provides examples and explains...
Curated Video
Diagrammatic Analysis of Monopoly Market Structure
This video explains the concept of monopoly market structure, its diagrammatic analysis, and the behavior of monopolists. The video covers topics such as the downward-sloping demand curve, the profit-maximizing output, the price, and the...
Curated Video
Understanding the Backward Bending Labor Supply Curve
The video discusses the concept of the backward bending labor supply curve. The video explains the income and substitution effects that influence the supply of labor, and evaluates the impact of the backward bending labor supply curve...
National Institute of Standards and Technology
2010 MEP National Conference Keynote
Sec. Gary Locke addresses attendees at 2010 MEP National Conference held in Orlando, FL, on May 3, 2010.
Curated Video
The Kinked Demand Model in Oligopoly
In this video, the presenter discusses the kinked demand model, which is a way of analyzing the impact of interdependence within oligopolies. They explain the assumptions and structure of the model, as well as how to construct it...
Curated Video
The Impact of Multinational Corporations on the World Economy
In this video lecture, the impact of multinational corporations on the global economy is discussed. It defines what multinational corporations are and provides examples of companies that fit the definition. The video discusses the...
Curated Video
Introduction to Monopoly
This video provides an introduction to the concept of monopoly in economics. It outlines the strict definition of monopoly and explains the spectrum of market structures, ranging from competitive to non-competitive. The video also...
The Wall Street Journal
World Wildlife Fund Scientist on Agricultural Water Management
World Wildlife Fund scientist and policy adviser Melissa Ho discusses the impact of expanding water stress on our ability to feed the world with WSJ's Jesse Newman.
PBS
COVID Crashed the Market - Now What?
You're sheltered at home, watching the market plunge... should you sell? Or buy? Is it different this time?
Curated Video
Understanding Labor Markets and Equilibrium Wage Rates
In this video, the presenter explains the fundamentals of labor markets and how economists study them. They discuss the downward sloping labor demand curve, and how higher wage rates cause firms to demand fewer workers. They also explain...
TLDR News
Could Coronavirus Start a Global Recession? - TLDR News.
COVID-19, more commonly known as coronavirus, continues to spread across the world. As the virus spreads investors and businesses are getting nervous. So in this video, we're going to explore the economic effect of COVID-19 and how the...
Curated Video
Understanding Transfer Earnings and Economic Rent in Labor Markets
This video is a tutorial on the topics of economic rent and transfer earnings in labor markets. It starts with defining these two terms and explaining their differences, using examples and diagrams to illustrate the concepts. The video...
TLDR News
Have May’s Red Lines Made Getting a Deal Impossible? - Brexit Explained.
May has been talking about red lines for months, her hard limits when it comes to Brexit negotiations. However, there's a case to be made that these red lines are exactly what's sabotaged the Brexit process. We discuss why the red lines...
Curated Video
Introduction to Commercial Banks and their Functions
The video provides an overview of commercial banks, their main functions and how they operate in the financial sector and wider economy. It discusses the difference between commercial banks and investment banks, their core objectives and...
Curated Video
Evaluating the Use of Digital Technology in Business
The video discusses how to evaluate the use of digital technology within a business. It examines the advantages and drawbacks of three forms of digital technology: ecommerce, big data and data mining, and enterprise resource planning...
The Wall Street Journal
The Financial Outlook
Trade disputes, rising interest rates and a slowdown in key economies such as China and Germany have injected a new pessimism into the global economic outlook. Markets have suffered serious bouts of volatility after a golden decade....
Financial Times
Has the US dollar stopped making sense?
John Authers tries to explain why the dollar is falling, even as US bond yields rise and money pours into the US stock market.
Financial Times
Gillian Tett asks if banking culture has really changed
The FT's Gillian Tett discusses the 'flaw' in Alan Greenspan's thinking and how culture has been overlooked at the cost to the global economy 10 years on from the financial crisis. By understanding the role of culture in banking, are we...
Curated Video
How the Price Mechanism Works in Markets
This video explains the function of the price mechanism in ensuring equilibrium in markets. The video describes the three main functions of prices; incentive function, rationing function, and signaling function.