Institute for New Economic Thinking
Tackling the Energy & Environmental Challenges of the 21st Century
How well do our assumptions about the global challenges of energy, environment and economic development fit the facts? That is a question with which Professor Michael Grubb, Chair of Energy and Climate Policy at the Cambridge University...
Curated Video
Rearranging Elasticity Formulas and the Elasticity Triangle
In this video, the instructor teaches how to rearrange elasticity formulas to make any variable the subject of the formula. The video focuses on price elasticity of demand as an initial example and demonstrates how to substitute and...
Curated Video
Types of Efficiency in Economics and their Importance in Market Structures
This is a video lecture on the topic of efficiency in economics. The lecturer explains how firms and markets allocate their scarce resources to their activities and the types of efficiency that exist within the market: productive...
Financial Times
Coronavirus how to tackle the economic crisis
FT economics commentator Martin Sandbu analyses the emergency fiscal and monetary measures being taken to deal with the global financial and economic fallout from coronavirus.
Curated Video
Understanding the UK Housing Market: Applying Supply and Demand Analysis
The video discusses the UK housing market, and how the concepts of supply and demand apply to it. The speaker explains how demand for housing is affected by interest rates, availability of mortgages, and the fact that housing is both a...
Institute for New Economic Thinking
Bruce Caldwell - Why Economics Needs the History of Thought
Who is going to teach fields like economic methodology and the history of economic thought if these fields aren't taught to current graduate students? Bruce Caldwell is filling this hole in the graduate curriculum. The Hayek scholar is...
Institute for New Economic Thinking
D'Maris Coffman -- The Corn Laws: Seeing through the Eyes of Ricardo and Malthus
The British Corn Returns data provided the empirical basis for the fierce debate around the introduction and repeal of the 19th century British Corn Laws. Contemporary readers, like David Ricardo and Thomas Malthus, followed them as...
Curated Video
Calculating Cross Elasticity of Demand: Easy Economics 3-Step Process
This video provides a tutorial on how to calculate the cross elasticity of demand for a pair of products given relevant data. The three-step process involved in the calculation of elasticity is explained clearly, with examples provided...
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-...
Curated Video
Understanding Price Elasticity of Demand - Characteristics of Demand Curves
This video is a lesson on the price elasticity of demand and the characteristics of demand curves. The instructor explains how to calculate price elasticity of demand and defines the terms elastic and inelastic. The video also covers how...
Institute for New Economic Thinking
The Failure of Market Failure | #4 | Venture Capital in the 21st Century
What are the rationales for State support for technical innovation? Adopting the Neoclassical approach of "market failure", Nelson and Arrow suggested that private business firms will invest less in research & development than is...
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.
Curated Video
Understanding Short-Run Costs in Economics
In this video, the topic of short-run costs is explored, specifically the distinction between short run and long run and its implications on costs. The video explains the specific definitions applied by economists to time frames,...
Curated Video
Understanding Factor Immobility and Market Failure
In this video, the topic of immobility is explained, specifically, factor immobility and its effects on market failure. The concept of production and the allocation of resources are introduced, and then the video delves into different...
Curated Video
Understanding Collusion: Forms, Examples, and Implications
This video is a lecture presentation discussing the different forms of collusion in concentrated industries. The presenter explains overt and tacit collusion. The video also covers how cartels function to set prices and production...
Curated Video
Introduction to Elasticity in Economics
This video introduces the concept of elasticity and its importance in economics. The video also discusses the significance of proportionate changes in variables and how initial values impact the calculation of elasticity. The elasticity...
Institute for New Economic Thinking
Barry Eichengreen - Why Economics Needs History
What challenges will China have to surmount in order to make its currency a true international currency? To answer this question and others, Barry Eichengreen studies history. In the old days, he says, historians and theorists worked...
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...
Curated Video
Understanding and Analyzing Monopsony Power in the Labor Market
This video is a lecture on the topic of monopsony power in the labor market. The speaker explains the concept of monopsony and how it impacts the labor market for both workers and employers. The speaker also compares a perfectly...
Institute for New Economic Thinking
Y.V. Reddy - Toward a New Global Financial Architecture: Some Issues and Approaches
The Inaugural Conference @ King's, Institute for New Economic Thinking, Session 4: Toward a New Global Financial Architecture
Curated Video
Introduction to Price Discrimination and Its Impact on Consumers and Producers
This video is a lesson on the concept of price discrimination. The speaker explains what consumer surplus is and how firms may engage in price discrimination to take advantage of it. The different forms of price discrimination, including...
Bill Carmody
Using Data to Drive Sales and Advocacy: A Conversation with Sanjiv Gajiwala
In this video, Bill Carmody interviews Sanjiv Gajiwala, the head of marketing for Mike's Hard Lemonade. They discuss how Mike's Hard Lemonade uses data from Oracle and Datalogics to analyze the impact of their digital marketing efforts...
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...
Curated Video
The Four Macroeconomic Objectives and the Challenges of Achieving Them Simultaneously
In this video, the speaker discusses the four main macroeconomic objectives set by governments to achieve macroeconomic stability and create a strong economy. These are sustainable economic growth, low and stable inflation, low...