This video is a lecture on the topic of monopsony power in the labor market. The speaker explains the concept of monopsony and how it impacts the labor market for both workers and employers. The speaker also compares a perfectly...

This video explains the concept of monopoly market structure, its diagrammatic analysis, and the behavior of monopolists. The video covers topics such as the downward-sloping demand curve, the profit-maximizing output, the price, and the...

American democracy has a lineage of written records that we can trace to show the development of our nation, and how each document builds on those before it to make our foundation of freedom stronger. This video focuses on documents...

This video provides an introduction to the concept of monopoly in economics. It outlines the strict definition of monopoly and explains the spectrum of market structures, ranging from competitive to non-competitive. The video also...

Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.

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.

My 60 second explanation of the difference between lump sum and per unit subsidies. Remember, lump sum affects only fixed costs so MC won't shift. A per unit subsidy will affect MC and therefore output.

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...

Why were the Parthians intent on maintaining their monopoly on the silk trade? <br/>
The Silk Roads: Changing Perspectives, Part 5

A great music video from students in the middle east.

This video introduces the topic of competition policy and explains why governments are interested in promoting competition. It outlines the benefits of competition, such as lower prices for consumers and the idea of consumer sovereignty....

Sherman Act Monopoly

In episode 51 of Supreme Court Briefs, animal guts in the drinking water of New Orleans leads to the first major interpretation of the 14th Amendment by the Supreme Court.

The video is a lecture on the market structure of monopolistic competition. It discusses the main characteristics and assumptions of this market structure and how it fits within the spectrum of other market structures. The lecture...

Take five minutes and fill your head with tales of the interstate commerce clause and this foundational Constitutional defining Supreme Court case. Perfect for the discriminating life ling learner and students cramming for the exam

This week, we tell the real history of the Iranian Revolution. A story that begins in the 19th-century Great Game and continues to today.

With Parler closed down, conservatives now have few dependable platforms to speak through. We look at a few of the most popular alternatives.

The best way to learn something is to do it! Here is another experiencial learning activity for economics that you can do with your students. It will help your students understand and explain the difference between the four market...

My 60ish second explanation of how to identify the elastic and inelastic range of the demand curve for a monopoly. When MR is positive the demand is elastic and when it is negative the demand is inelastic. If you don't remember the total...

This video is an educational tutorial about assessing the market structure of monopolies. It discusses three types of efficiency: productive efficiency, allocative efficiency, and dynamic efficiency. The concept of natural monopolies is...

Mr. Clifford's 60 second explanation of all the key concepts on a monopoly graph. Try pausing the video and seeing if you know how to show all the concepts on the graph.

The video discusses the topic of market structure and how markets can range in structure from being competitive to non-competitive like monopolies. The video explains the different types of market structures, such as perfect competition,...

Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.

Another great example of what the students at San Pasqul High School are capable of creating. This music video is as good as it gets.