Curated Video
Understanding Consumption and the Consumption Function
This video is a lecture about the components of aggregate demand, with a specific focus on one of the most important components: consumption. The relationship between disposable income and consumption is explored, along with the concept...
Institute for New Economic Thinking
The Natural Cycle of Recoveries
In part 4 of INET's interview with Lance Taylor, he says that the recovery from the crisis will take time, and should involve increased labor buying power and more private investment from profits
ACDC Leadership
Macro 3.3- Long- Run Aggregate Supply
Mr. Clifford explains the Long Run Aggregate Supply Curve (LRAS) and the relationship between price level and output in the long run.
Curated Video
Fiscal Rebalancing and Austerity Measures Explained
The video provides an in-depth explanation of two key terms in economics: fiscal rebalancing and austerity. The presenter covers aspects such as GDP components, trade imbalances, fiscal finances, and the size of the public sector. The...
Institute for New Economic Thinking
Andrea Terzi: Fixing The Eurozone Architecture
The European project, which was designed to bring lasting peace to the continent, is under threat. How? Through the insistence of elites that a common currency should be imposed, but under conditions that would make such a currency...
Curated Video
Understanding the Balance of Payments and its Significance for Economic Performance
This video lesson is an introduction to the balance of payments, a financial document that measures a country's economic activities with all other countries over a period of time. The instructor explains the components of the balance of...
Curated Video
Understanding the Importance of Trade Balance in Goods and Services
In this video, the trade balance of a country in terms of goods and services is discussed as an important indicator of the country's competitiveness in the global market. The video also discusses the impact of trade deficits and...
ACDC Leadership
Aggregate Demand and Supply Practice- Macro Topic 3.5 and 3.6
Be sure to pause the video and try the practice questions on your own. In this video I explain what you should watch out for when answering exam questions and give you several practice questions too make sure you know what happens to...
Curated Video
Aggregate Demand Shifts: Analyzing and Evaluating Impact on the Economy
This lesson covers how a change in aggregate demand can impact the economy, and the analysis and evaluation that needs to be done to predict outcomes in terms of macro objectives. It provides step-by-step guidance on how to approach the...
ACDC Leadership
Macro Unit 3, Question 13: The Phillips Curve
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics course.
ACDC Leadership
Long-Run Aggregate Supply, Recession, and Inflation- Macro Topic 3.4 and 3.5
In this video I explain the most important graph in your macroeconomics class. The aggregate demand and supply model. Make sure that you understand the idea of the long run aggregate supply and how to draw a recessionary gap and...
Curated Video
Understanding Aggregate Supply: Short Run Perspective
This video introduces the concept of aggregate supply and distinguishes the factors that affect long run aggregate supply from those that affect short run aggregate supply. The presenter explains key terms and definitions related to...
Curated Video
The Role of the Financial Sector in Developing Economies: Challenges and Interventions
This is a lecture presentation discussing the role of the financial sector in developing economies. The speaker explores the characteristics of developing economies, such as low living standards, low levels of labour productivity, poor...
ACDC Leadership
Macro 3.2- Inflationary and Recessionary Gaps with Fiscal and Monetary Policy AP Macro
Mr. Clifford's explanation of inflationary and recessionary gaps. Be sure to watch the bonus round which includes an overview of fiscal and monetary policy. Please keep in mind that these video lessons are not designed to teach you the...
Institute for New Economic Thinking
William White: Are Central Bankers Trying To Do Too Much?
Welcome to our new video series called "New Economic Thinking." The series will feature dozens of conversations with leading economists on the most important issues facing economics and the global economy today. This episode features...
Curated Video
Fiscal Policy: Short-Term vs Long-Term Impact and the Importance of Productive Capacity
The video is a lecture on fiscal policy. The presenter discusses the impact of fiscal policy on economic performance in the short and long run, and the differences between types of fiscal policy, namely expansionary and contractionary....
Curated Video
External Inflation and Its Impact on the UK's Macroeconomic Performance
The video discusses the concept of external inflation, which refers to inflation that comes into the UK from other countries. The presenter explores how commodity prices and inflation in other countries can influence the UK's...
Curated Video
Understanding Monetary Policy and Interest Rates in the UK
This video provides an explanation of monetary policy and its role in creating price stability in the economy. It specifically focuses on the UK's central bank, the Bank of England, and their target of a 2% annual increase in the...
Economics Explained
Here's Why Supply And Demand Is Overrated!: Sticky Prices
If you were to ask any random person on the street what it is that they knew about economics there is a pretty good chance that the first thing that they would blurt out would be the words “Supply & Demand” The number of people out there...
Institute for New Economic Thinking
Atif Mian: On the Effectiveness of Fiscal Stimulus 3/4
Atif Mian, Joe Shoong Chair in International Business, Haas School of Business,University of California at Berkeley speaking at the breakout panel entitled "Does the Effectiveness of Fiscal Stimulus Depend on the Context? Balance Sheet...
Curated Video
Understanding Real Wage and Natural Unemployment
This video provides an explanation of the concepts of real wage and natural unemployment, with a focus on distinguishing between the two. The presenter uses graphs and definitions to illustrate the differences between these types of...
Economics Explained
Here's Why Supply And Demand Is Overrated!: The Market For Work
If you were to ask any random person on the street what it is that they knew about economics there is a pretty good chance that the first thing that they would blurt out would be the words “Supply & Demand” The number of people out there...
Economics Explained
Here's Why Supply And Demand Is Overrated!: Some Solutions & Final Thoughts
If you were to ask any random person on the street what it is that they knew about economics there is a pretty good chance that the first thing that they would blurt out would be the words “Supply & Demand” The number of people out there...
Economics Explained
Here's Why Supply and Demand is Overrated! | Economics Explained
If you were to ask any random person on the street what it is that they knew about economics there is a pretty good chance that the first thing that they would blurt out would be the words “Supply & Demand” The number of people out there...