Curated Video
Revenue and Profit in Microeconomics: Understanding the Concepts and Curves
The video provides an explanation of two important concepts, revenue and profit, in microeconomics. The video also explores the relationship between marginal revenue and price, and how they affect a business's profit margin....
The Business Professor
Marketing - How are Goods Different from Services?
Marketing - How are Goods Different from Services?
Let's Tute
Difference between Consignment and Sales
In this video, we will teach the difference between consignment and sale
The Business Professor
Rights of Parties Upon Breach of Contract
Rights of Parties Upon Breach of Contract
The Business Professor
Requirements Contracts and Output Contracts
Requirements Contracts and Output Contracts
Curated Video
Managing Stock with Stock Graphs and Just-in-Time Production Systems
This video provides an overview of how businesses manage their stock using a stock graph, also known as a Bargate stock graph. The presenter begins by explaining the importance of stock management in meeting customer demand and providing...
Let's Tute
Introduction to Consignment Accounting: Valuation of Goods-in-Transit
Introduction to Consignment Accounting part 10/10: In this video, the teacher explains the concept of goods in transit and how they are valued in stock. Using an example, the teacher walks through the calculation of closing stock value,...
Curated Video
Understanding the UK Balance of Payments and Trade Deficits
This video lecture explains the current account and financial account, defining them and their roles in measuring a country's economic activities with other countries. The presenter uses charts and statistics to illustrate the UK's...
The Business Professor
Silence is Not Acceptance of an Offer
This Video Explains why Silence is Not Acceptance of an Offer
TLDR News
Johnson’s New Brexit Plan Explained - Brexit Explained
Tuesday night the Telegraph released Johnson's brexit strategy for the final weeks. So in this video we discuss this leaked strategy and what it could mean for Brexit. We also consider whether or not the EU will accept this deal.
The Business Professor
Tender Performance - Contract
This Video Explains Tender Performance - Contract
Curated Video
Introduction to Absolute Advantage in Trade
The video introduces the concept of absolute advantage in international trade. The speaker explains that differences in the quantity and quality of factors of production between countries create opportunities for countries to specialize...
Curated Video
Correcting Trade Deficits and Policies to Address Them
This video discusses the correction of trade deficits. The presenter explains what trade deficit is and how it affects countries. He examines the impact of trade deficits on the economy, productivity, and employment levels. He then...
The Business Professor
Just in Time Inventory Management
Just in Time Inventory Management has numerous benefits for the manufacturer and retailer.
Economics Explained
The Economy of EVE Online (Part 2): The Robot Problem
EVE Online has a botting problem. Robots can be programmed to play this game for hours at a time with no rest needed. This has meant that normal players looking to play the game have been pushed to the side by these armies of robots that...
Curated Video
Advanced Concepts in Production Possibility Diagrams
This video lecture explains advanced concepts related to production possibility diagrams. It starts by providing a recap of what these diagrams are and the three sections they include. The speaker then introduces the concept of...
The Business Professor
Accepting an Offer
Explanation of the process for Accepting an Offer to Contract - Contract Formation
The March of Time
1944: U.S. COMMITTEE FOR ECONOMIC DEVELOPMENT: CU Door sign. INT VS Members in meeting around table. REPRISAL: VS Automotive executive Paul G. Hoffman (1891-1974) '...peacetime jobs will be needed...jobs will be well paid...' CED, Washington D.C., USA
MOT 1944: U.S. COMMITTEE FOR ECONOMIC DEVELOPMENT: CU Door sign. INT VS Members in meeting around table. REPRISAL: VS Automotive executive Paul G. Hoffman (1891-1974) '...peacetime jobs will be needed...jobs will be well paid...' CED,...
Curated Video
The Function of Money in Exchange and Specialization
This video explains the importance of exchange and the development of money in promoting specialization and economic growth. Using the example of a rudimentary village with specialized tasks, the video shows how bartering creates...
TLDR News
What Will Happen to Gibraltar After Brexit - Brexit Explained
Despite being just off Spain, Gibraltar is a British Overseas Territory and that makes life hard for Gibraltarians after Brexit. Miles away from the rest of the UK, what will happen to Gibraltar once it is forced to split from the EU?
The Business Professor
Accounting for Inventory - Weighted Average Example
Professor AJ Kooti provides a detailed example of the Weighted Average method of accounting for inventory sales.
Let's Tute
Introduction to Consignment Accounting: Consignment vs Sales
Introduction to Consignment Accounting part 4/10: The video explains the difference between consignment and sale, highlighting the key points such as ownership, expenses, returning of unsold goods, and profit or loss. It also discusses...
Curated Video
Introduction to Income Elasticity of Demand and Goods Classification
The video introduces the concept of income elasticity of demand and explains how economists analyze the changes in demand for a good based on changes in consumers' real incomes. It further discusses the two types of goods: normal goods...
ACDC Leadership
Production Possibilities- EconMovies #3: Monsters Inc (Reupload)
EconMovies explain economic concepts through movies. In this episode, I use Disney/Pixar's Monsters Inc. to introduce the production possibilities curve. Good luck studying economics.