ACDC Leadership
Monopoly Graph Review- Microeconomics
In this video I explain how to draw a monopoly making a profit. Remember to produce at MR = MC at charge a price up to the demand curve.
ACDC Leadership
Free Response Practice: Cost Curves- Microeconomics Unit 3
Here is a practice FRQ from the 2005 AP Micro exam. Try it on your own and then go over the answers.
ACDC Leadership
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.
ACDC Leadership
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...
ACDC Leadership
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.
ACDC Leadership
Lump Sum and Per Unit: Econ Concepts in 60 Seconds
My 60 second explanation of the difference between lump sum and per unit subsidies. Remember, lump sum affects only fixed costs so MC won't shift. A per unit subsidy will affect MC and therefore output.
ACDC Leadership
Micro 5.4 Resource Market, MRP and MRC: Econ Concepts in 60 Seconds- Factor Market
Mr. Clifford's 60 second explanation of how to calculate Marginal Revenue Product (MRP) and Marginal Resource Cost (MRC). Remember that you hire workers where MRP = MRC to maximize profit.
ACDC Leadership
Micro 3.5 Perfect Competition in the Short Run: Econ Concepts in 60 Seconds Advanced Placement
Mr. Clifford's 60 second explanation of perfect competition in the short run with a firm making profit. The firm is a price taker and price is set by the market at $10. Don't forget to pause during the bonus round and calculate TR, TC,...
ACDC Leadership
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.
ACDC Leadership
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.
ACDC Leadership
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.
ACDC Leadership
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.
ACDC Leadership
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.
Institute for New Economic Thinking
Wade Hands - Paul Samuelson and the Neoclassical Synthesis
Paul Samuelson was both a mathematical micro-economist, working from theorem to proof in the neoclassical tradition, and a committed Keynesian macroeconomist, convinced of the necessity of policy intervention to improve the performance...
ACDC Leadership
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...
ACDC Leadership
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.
ACDC Leadership
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...
ACDC Leadership
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.
ACDC Leadership
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.
ACDC Leadership
NEW AP® Economics Teacher Resources
Check out my new and improved AP® Economics Teacher Resources (2015).
ACDC Leadership
Micro Unit 2, Question 5: Double Shifts in Supply and Demand
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.
ACDC Leadership
Macro 3.12- Economic Growth
Mr. Clifford explains how to show economic growth on the aggregate demand and supply model. LRAS shifts when there is a change in the quantity of resources, technology, or productivity.
ACDC Leadership
The Shut Down Rule- Old Version
My 60 second explanation of the shut down rule. When the price falls below AVC a firm should shut down and produce nothing. It is better for them to take their fixed costs as a loss then to continue to produce.
ACDC Leadership
Graphing Practice- AD/AS and the Phillips Curve
In this video I explain how to show recession and inflation on four different models: AD and AS, Phillips Curve, PPC, and Business Cycle. Enjoy!