Crash Course
Price Controls, Subsidies, and the Risks of Good Intentions: Crash Course Economics
So, during times of inflation or deflation, why doesn't the government just set prices? It sounds reasonable, but price ceilings or floors just don't work. Adriene and Jacob explain why. Subsidies, however, are a little different, and...
Curated Video
Price Controls: Creating Stability or Creating Problems?
The video is a lecture presentation that explains the concept of price controls. The presenter discusses the two types of price controls: maximum and minimum, and analyzes their impacts on supply, demand, and welfare. The video explains...
Curated Video
Supply Curve Basics: Deriving the Shape and Understanding the Law of Supply
This video explains the basics of the supply curve and how to derive its shape. It also explores the law of supply and its relationship to the quantity supplied and the price of a product. The video also gives examples of firms and the...
ACDC Leadership
Demand and Supply- EconMovies #4: Indiana Jones (Reupload)
In this episode of EconMovies, I use Indiana Jones to explain the concepts of demand, supply, equilibrium, and shifting these curves. Good luck studying economics. Snakes? Why did it have to be snakes?!
ACDC Leadership
Demand and Supply Explained Part 2 - Macro Topic 1.5 (Micro Topic 2.2)
In this video I explain supply, the law of supply, the shifters of the supply curve, equilibrium, surplus, and shortage. Make sure to draw the graphs on your own.
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
Determinants of Price Elasticity of Supply
This video provides an explanation of the determinants of price elasticity of supply. The presenter first defines price elasticity of supply and explains the difference between elastic and inelastic goods. Then, the video discusses four...
ACDC Leadership
Pearl Exchange Activity Full - Demand and Supply
This is a supply and demand activity that explain how the equalibrium price is created and changed.
Curated Video
Understanding Price Controls: Minimum and Maximum Prices
This video discusses price controls and explains the two main types of price restrictions, minimum prices and maximum prices, and illustrates their impact on the market using diagrams. Examples of price controls in different sectors,...
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...
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...
Curated Video
How the Price Mechanism Works in Markets
This video explains the function of the price mechanism in ensuring equilibrium in markets. The video describes the three main functions of prices; incentive function, rationing function, and signaling function.
Curated Video
The Three Functions of Prices in a Market Economy
The video discusses the role of prices in a market economy and how they serve three main functions: rationing goods, providing incentives to economic agents, and signaling the state of a market. It explains how the price mechanism works...
Curated Video
Individual and Market Supply Curves: Understanding the Differences and Deriving the Market Curve
This video is about individual supply curves and market supply curves in the context of economics. It explains how each firm within an industry decides on how much of a given product they want to produce and sell at different prices, and...
ACDC Leadership
Micro Unit 2 Summary- Supply and Demand NEW!!!
Hey econ students! This summary video covers microeconomics Unit 2: Supply and Demand. It covers demand, supply, elasticity, disequilibrium, equilibrium, shifts, taxes, and internations trade. Be sure to print and fill out the Unit 2...
Curated Video
Understanding Price Elasticity of Supply
The video provides an explanation of the concept of price elasticity of supply (PS) and its formula. It highlights that PS reflects the degree of responsiveness of the quantity supplied of a good to a change in its price. The video also...
Curated Video
Market Equilibrium and Disequilibrium: Understanding Supply and Demand
The video is a lecture on market equilibrium in economics. The speaker explains how to construct demand supply diagrams and defines market equilibrium as the state where demand equals supply, leading to a stable system. The speaker also...
Curated Video
Introduction to Price Elasticity of Supply
In this educational video, the concept of price elasticity of supply is introduced and explained. The video discusses the relationship between price and quantity supplied and how different goods may have different levels of...
Curated Video
Markets and Equilibrium: Understanding the Interaction between Supply and Demand
The video discusses the concept of markets and the interaction between demand and supply. It uses the example of a Ferrari to illustrate how buyers and sellers negotiate and come to an agreement on price. The video also includes diagrams...
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...
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...
Curated Video
Interrelationships Between Markets
This video discusses the interrelationship between different markets and how changes in one market can affect others. The video covers five key issues related to interrelationship, joint demand, competing demand, composite demand,...
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...