Jacob Clifford
Microeconomics 19 Minute Review
In less than 19 minutes, review all the key microeconomics concepts you'll need to know and remember for the big exam with this excellent video review! Beginning with the basics of supply and demand and key graphs to market failures and...
Khan Academy
20th Century Capitalism and Regulation in the United States
The speaker in this lecture takes the viewer on a journey through the world of modern finance, from the era of Rockefeller and Vanderbilt to the 2008 financial crisis. Exploring the presence of the American government in the economy,...
Khan Academy
When Capitalism is Great and Not-So-Great
Comparing and contrasting Capitalism and Socialism, this lecture outlines many nuances between the two economic systems, including the ideas of meritocracy and "fairness." A discussion about the effects of either system gone "unchecked"...
Bill of Rights Institute
The Gilded Age, Robber Barons and the Rise of Big Business
Survival of the fittest! Scholars investigate an AP review video to discover the era of big business during the Gilded Age. Viewers examine the place of Robber Barons in society and its impact on the workforce in America. This is the...
Crash Course
The Birth of the Feature Film
A film history video examines how Thomas Edison, George Eastman, and the major film companies formed the Motion Picture Patents company (MPPC) and created a monopoly that controlled the production, distribution, exhibition of films. In...
Crash Course
Capitalism and the Dutch East India Company: Crash Course World History 229
How did the Dutch East India Company flourish while other trade companies floundered? Learn more about the ways that the Vereenigde Oostindische Compagnie, or the VOC, used interest rates, monopolization, and violence to maintain their...
Crash Course
Game Theory and Oligopoly
Competition makes the economy go 'round! Learn about non-price competition and other elements of game theory, along with the details of oligopolies, with a video from Crash Course Economics.
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...
Crash Course
Economic Systems and Macroeconomics
What works better: a planned economy or a market economy? Join the global debate with a Crash Course video about macroeconomics and the differences between economic systems. With quotes from Adam Smith and Karl Marx guiding...
Jacob Clifford
Intro- Imperfect Competition
Before you delve into a series of videos on microeconomics and imperfect competition, watch this video to get a general overview of the unit's key points, such as how demand in a monopoly is identified on a graph, oligopolies, and...
Jacob Clifford
Price Discriminating Monopoly (First Degree)
In a perfectly price discriminating monopoly, why does demand equal marginal revenue?
Jacob Clifford
Dead Weight Loss - Key Graphs of Microeconomics
What is dead weight loss in microeconomics, and how does it relate to efficiency in a monopoly and society as a whole? An economics instructor explains these concepts in detail in a brief five-minute video.
Jacob Clifford
Monopolistic Competition in the Long-Run
Watch as a great economics instructor illustrates a monopolistically competitive firm in long-run equilibrium on a graph, and then compares it to perfect competition.
Jacob Clifford
Monopoly Graph Review
How do you draw a graph representing a monopoly? Watch a great economics instructor explain the process step-by-step as he includes the primary components of demand, marginal revenue, marginal cost, quantity, and price of a firm.
Jacob Clifford
Monopoly Demand and MR
Why is marginal revenue less than the demand curve for all perfectly competitive firms in a monopoly? Watch as a savvy economics instructor answers this question using graphs and detailed explanations.
Jacob Clifford
Ultimate Monopoly Review
From price and quantity to socially optimal prices and maximizing total revenue, see the needs for a monopoly charted on a graph.
Jacob Clifford
Lump Sum and Per Unit
What is the difference between a lump sum and per unit subsidy? Here, an economics instructor explains how these each affect cost curves, and more specifically marginal cost, by illustrating the concept on a whiteboard.
Jacob Clifford
Four Market Structures Simulation
Here is a fantastic resource in which you will watch as an instructor models a simulation conducted in an economics class on the four market structures (perfect competition, monopolistic competition, oligopoly, monopoly).
Khan Academy
Khan Academy: Monopolies: Review of Revenue and Cost Graphs for a Monopoly
Reviews monopolies and explains graphical representations of monopolies.
Khan Academy
Khan Academy: Monopoly: Showing That Mr Has Twice Slope of Demand
Using some basic calculus to show that marginal revenue has twice the slope of the demand curve for a monopolist. [4:56]
Khan Academy
Khan Academy: Monopolies: Monopolist Optimizing Price (Pt 3) Dead Weight Loss
Showing that what is optimal for the monopolist is not optimal for society.
Khan Academy
Khan Academy: Monopolies: Monopolist Optimizing Price (Part 2) Marginal Revenue
Plotting the marginal revenue curve for a monopolist. [8:31]
Khan Academy
Khan Academy: Monopolies: Monopolist Optimizing Price (Part 1) Total Revenue
Discusses how a monopolist would rationally optimize profits.
Khan Academy
Khan Academy: Monopolies: Monopoly Basics
A discussion of what would happen if there were only one airline, creating a situation that would be the opposite of perfect competition.