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...
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...
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...
Curated Video
Understanding Price Elasticity of Supply and Characteristics of Supply Curves
In this video, the presenter introduces the concept of price elasticity of supply and explains how it measures the responsiveness of supply to changes in price. Different types of elasticity of supply are discussed, such as elastic,...
Curated Video
Understanding Economies of Scale
The video explains the concept of economies of scale in microeconomics. It describes how businesses can increase their production scale and reduce their unit costs over time by becoming more experienced in producing goods and services,...
Curated Video
Introduction to Productivity and its Effects on PPF Diagrams
The video is an educational resource that introduces the concept of productivity and its importance in economics. The presenter explains how productivity is the output per unit of input and how it can vary depending on factors such as...
Curated Video
Understanding the Pros and Cons of Globalization
This video provides an overview of globalization, discussing how it has led to the integration and alignment of the world's economies, generating mutual beneficial outcomes in terms of trading benefits. The video also highlights the main...
The Business Professor
Battle of Forms - UCC Acceptance of Offer to Contract
This Video Explains Battle of Forms - UCC Acceptance of Offer to Contract
Curated Video
Why Economics is a Social Science: Understanding the Basics
The video is an introductory lecture on why economics is defined as a social science. The lecturer explains that economics is the study of individuals and their decision-making behavior and how those decisions affect the economy as a...
National Institute of Standards and Technology
2010 MEP National Conference Keynote
Sec. Gary Locke addresses attendees at 2010 MEP National Conference held in Orlando, FL, on May 3, 2010.
Curated Video
Understanding Economic Integration: Customs Unions and Free Trade Areas
The video provides an overview of economic integration, explaining how different countries interact with each other to increase trade. The presenter describes various types of economic integration, ranging from complete economic...
Curated Video
Identifying Allocatively Efficient Points on a Production Possibilities Diagram
This video is a lecture on identifying allocatively efficient points on a production possibilities diagram. The speaker explains the concept of allocative efficiency and explores various production points on the diagram and how to...
Let's Tute
Understanding Stock Ledger and Valuation
In this video, the teacher explains the importance of maintaining stock records in accounting. The video discusses how stock ledger accounts are used to keep track of the quantity and value of stock, and different methods of valuing...
ACDC Leadership
The Economics of the Coronavirus
I hope that you and your family are safe and healthy. Like many of you, I'm quarantined in my house so I made this quick video talking about some of the economic concepts associated with recent events. I talk about scarcity, shortages,...
TLDR News
Canada Style Brexit Deal Explained - Brexit Explained
Negotiations between the UK and EU are still continuing and there is a lot of talk about the best way to progress. Theresa May is sticking to her Chequers Plan, but some are calling she changes to a Canada Style deal. This plan is...
Curated Video
Understanding Public Goods and Their Characteristics
This video explains the concept of public goods and why they are typically provided by the government rather than through the market. The video describes two unique characteristics of public goods - non-excludability and non-rivalry.
Let's Tute
Understanding Source Documents
In this video, the speaker explains the importance of source documents in accounting and provides examples of different types of source documents such as purchase invoices, cash memos, credit memos, debit notes, petty cash vouchers, cash...
Curated Video
Understanding the Balance of Payments
The video provides an explanation of what the balance of payments is and its importance in measuring a country's trading performance on the world stage. The video breaks down the balance of payments into two main sub-accounts: the...
History Hit
The Silk Roads: Changing Perspectives: Silks effect on the Roman empire
How did the Romans come in contact with silk at first? Why was there a love / hate relationship with silk among the Romans? The Silk Roads: Changing Perspectives, Part 6
TLDR News
European Customs Union - Explaining Brexit.
With the UK about to leave the EU many options lie in front of Britain. One choice is to stay in the European Customs Union. This could work as a compromise to keep trade routes open while still leaving the EU. But will this step be...
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...
Curated Video
Understanding Aggregate Demand and Its Expenditure Components
The video explains the concept of aggregate demand and its four expenditure components that make up the total expenditure for an economy's goods and services over time - consumption, investment, government spending, and net exports. The...
Curated Video
Internal Sources of Finance
This video discusses the concept of internal sources of finance in business. The presenter discusses three main examples of internal sources of finance - plowed back profits, cash based methods and debt factoring. The video also...