Curated Video
7+ IELTS Part 3 Vocabulary Advertising
Use these words and phrases to impress the examiner in Speaking Part 3. For many students, informal slang and idioms are harder to learn than academic, formal vocabulary. So-called high-level vocabulary you can find in textbooks....
ACDC Leadership
Macro 3.1 AD, AS, and LRAS (Additional Version)
This is an old video where I explain aggregate demand, aggregate supply, and long run aggregate supply. Keep in mind that the "long run" is not a specific amount of time. The long run refers to enough time for resource prices (like...
Healthcare Triage
Why Does the U.S. Spend So Much on Healthcare? High, High Prices.
American healthcare spending is still WAY higher than pretty much all other industrialized countries. But not that long ago, things were different. The US didn't spend nearly as much in this realm. What changed? Demographics? More...
ACDC Leadership
Monopoly Graph Review- Microeconomics
In this video I explain how to draw a monopoly making a profit. Remember to produce at MR = MC at charge a price up to the demand curve.
ACDC Leadership
Free Response Practice: Cost Curves- Microeconomics Unit 3
Here is a practice FRQ from the 2005 AP Micro exam. Try it on your own and then go over the answers.
ACDC Leadership
Supply and Demand with International Trade (Old Version)
In this video I explain how to show the effects tariffs and quotas on a supply and demand graph. The days I filmed this video were in "spirit week". One day was sports day (that's why I'm dressed like a coach) and the other day was...
MarketWatch
How to pay less for your prescriptions - even without insurance
Medication costs continue to rise with no sign of slowing down amid a resurgence of COVID-19 cases in the U.S. But there are ways to pay less for your prescriptions. Here's what you need to know.
Blockchain Central
Drastic Price Drop in 2018 - EXPLAINED | Blockchain Central
This week on Blockchain Central: we'll see what's been going on with the Crypto market lately, analyze why it's been dipping and show you a few potential reasons for that recent slump.
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ACDC Leadership
2010 FRQ #2- Resource Market and Firm
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.
Curated Video
Calculating Price Elasticity of Supply
This video provides a comprehensive explanation of how to calculate the price elasticity of supply of a good using a simple three-step process. It explains the formula for calculating price elasticity of supply and what is meant by...
ACDC Leadership
Intro to Imperfect Competition- Micro Topic 4.1 (Part 1 of 2)
This is my 60ish second explanation why the MR curve is less than the demand for all imperfectly competitive firms (except for price discriminating monopolies). Keep in mind that a monopoly must lower the price of all units to sell more...
Institute for New Economic Thinking
Leadership of the Next New Economy | #8 | Venture Capital in the 21st Century
What will the next technological revolution look like? What challenges will be posed by climate change? Economists cannot approach it merely as an externalities pricing problem, but one which will require a wider range of policies to be...
Blockchain Central
Save Money on Transaction Fees! | Blockchain Central
This week on Blockchain Central: we'll explain the idea behind gas price ans gas limit - something that might seem to be confusing for a new Ethereum user. We will also see how can you decrease the price of your transactions using there...
ACDC Leadership
ExciseTax Practice- Supply and Demand
My 60 second explanation of how to draw and excise tax (a per unit taxes on producers). You calculate the tax revenue, spending by consumers and revenue to firms. The bonus round shows shows what happens to consumer's surplus and...
Institute for New Economic Thinking
The Banality and Necessity of Bubbles | #5 | Venture Capital in the 21st Century
Financial speculation and bubbles​ are often of vital importance in fueling technological progress. Janeway reviews and distinguishes between various kinds of speculative bubbles over the past two centuries. While many have been...
ACDC Leadership
Micro 5.4 Resource Market, MRP and MRC: Econ Concepts in 60 Seconds- Factor Market
Mr. Clifford's 60 second explanation of how to calculate Marginal Revenue Product (MRP) and Marginal Resource Cost (MRC). Remember that you hire workers where MRP = MRC to maximize profit.
ACDC Leadership
Micro 3.5 Perfect Competition in the Short Run: Econ Concepts in 60 Seconds Advanced Placement
Mr. Clifford's 60 second explanation of perfect competition in the short run with a firm making profit. The firm is a price taker and price is set by the market at $10. Don't forget to pause during the bonus round and calculate TR, TC,...
Healthcare Triage
Why Is It So Hard to Lower Drug Prices?
There are many, many factors that contribute to high drug prices. Regulating them is complicated. It turns out, expensive drugs are often expensive because they're hard to replicate. We try to shed some light on the situation.
ACDC Leadership
Micro 2.2 Supply and Demand (Economics)
Mr. Clifford's 60 second explanation of disequilibrium, surplus, and shortage.
TLDR News
How to Solve the Housing Crisis - TLDR News
A few weeks ago we made a video explaining the housing crisis in Britain; today we're here to solve it. So in this video, we run through some proposals for how the crisis could be stopped and what the future of housing in Britain could...
ACDC Leadership
Micro Unit 5, Question 8- Hiring Workers
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.
Healthcare Triage
Hospital Competition Can Impact Your Health
It turns out, hospital and health system consolidations can result in worse outcomes for patients. These mergers reduce competition, and it turns out that hospitals compete more often on quality than they do on prices. The result is that...