Curated Video
Deriving the Demand Curve and Understanding the Law of Demand
This video explains the concept of demand and how the demand curve is derived in microeconomics. The video outlines the law of demand and how it relates to the downward sloping nature of the demand curve. The concept of marginal utility...
Curated Video
Understanding Demand: Factors Affecting Quantity Demanded
This is a lecture presentation on demand, explaining the technical connotations of the word and how it relates to pricing and consumer behavior. The presenter uses the example of a Peugeot car to demonstrate the relationship between...
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...
Curated Video
Understanding Demand Curves and Shifts
The video explains the concept of demand curves in economics. The video also explains the law of demand, then goes on to explain how changes in non-price factors, such as income or the prices of complementary or substitute goods, can...
ACDC Leadership
Macro Unit 1 Summary- Basic Concept and Demand/Supply
The Macro Unit 1 Summary video is designed to help you understand economics and goes hand-in-hand with my Ultimate Review Packet. In this video I cover the basics: scarcity, opportunity cost, the economic systems, the production...
Curated Video
Understanding Exchange Rates: Basics and Effective Exchange Rates
The video provides a comprehensive introduction to exchange rates, covering basic definitions such as what an exchange rate is, how demand and supply for currency works, and how the exchange rate is determined. The video also discusses...
ACDC Leadership
Change in Demand vs Change in Quantity Demanded- Key Concept
A change in demand is when the whole curve shifts and a change in quantity demanded is movement along the demand curve due to a change in price. Price Doesn't shift the curve.
Curated Video
Supply and Demand: The Force Behind a Cup of Coffee
This video explains how supply and demand work, and how they affect the price of goods and services. It uses the example of a coffee shop to illustrate how changes in supply and demand can impact the price of coffee, and how businesses...
Curated Video
Understanding Indirect Taxes and Tax Incidence in Markets
This video explains the concept of indirect taxes and how they are imposed by the government on the purchase of goods and services. The video highlights two forms of indirect taxes - specific or unit taxes and ad valorem taxes or...
Curated Video
Analysing Taxes and SubsidiesAnalyzing Taxes and Subsidies: A Guide to Understanding Their Effect on Markets
The video is a lecture on how taxes and subsidies affect a market. The speaker explains the key terms and concepts, such as the shifts in the supply and demand curves caused by taxes and subsidies, the incidence of taxes, the revenue...
ACDC Leadership
Supply and Demand Practice
If you need to practice supply and demand you came to the right place. In this videos I give a quick three minute overview of a competitive market and then give you eight practice questions. Your job is to figure how out how the demand,...
Primer
Simulating Supply and Demand
Build a simulated market from scratch and see supply and demand curves emerge.
ACDC Leadership
Elasticity Practice- Supply and Demand
Thanks for watching! In this video I explain the total revenue test, elasticity of demand, elasticity of supply, cross-price elasticity, and income elasticity. Make sure to pause the video and try to answer the seven questions on your own.
Khan Academy
Khan Academy: Deriving Demand Curve From Tweaking Marginal Utility Per Dollar
This video examines what happens to quantity demanded when the price changes. [8:43]