This is an awesome demand and supply activity that teachers equilibrium, shortage, surplus, and shifts in demand and supply.

This video is a lesson on the concept of price discrimination. The speaker explains what consumer surplus is and how firms may engage in price discrimination to take advantage of it. The different forms of price discrimination, including...

In this video I cover all the concepts for an introductory microeconomics course and AP course. I go super fast so don't take notes. Focus on the big picture ideas, identfy what you still need to practoce, and go back and watch my Unit...

This is a supply and demand activity that explain how the equalibrium price is created and changed.

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...

The video provides a detailed explanation of the effects of price discrimination using diagrams. The speaker explains the concept of first degree price discrimination or perfect price discrimination. The video also explains the concept...

Welcome to ACDC Econ. The is the Micro Unit 2 Summary. In this video I explain demand and supply (1:07), double shifts (9:30), price controls (10:19), elasticity (11:37), welfare economics(17:07), tariffs, and how to maximize utility...

My 60 second explanation of consumer's surplus (CS) and producer's surplus (PS) and how to identify where it is on the graph. The bonus round shows how a price ceiling changes CS and PS and results in dead weight loss.

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.

My 60 second explanation of how to identify the consumer and producer surplus on the monopoly graph. Notice that monopolies charge a higher price and produce a lower output than perfectly competitive markets. Since monopolies are...

The video provides an overview of consumer and producer surplus and how they are represented on demand-supply diagrams. It explains how the demand curve is derived and how individual consumers' reservation prices determine consumer...

The video lecture is about trade protection and its impact on domestic production, consumers, and welfare. The speaker starts by defining free trade and analyzing its consequences for consumer and producer surplus. He then explains the...

In this video lecture, the presenter analyzes trade protection measures such as tariffs, subsidies, and quotas. He explains the impact of each measure on domestic production, imports, consumer surplus, and deadweight loss through various...

Hey econ students. This video covers Micro Topic 2.9 and shows trade, tariffs, and quotas using supply and demand. Be sure to be able to draw and calculate consumer surplus, producer surplus, and deadweight loss. Remember that the...

Hey Econ students! I'm back with new videos to help you learn and love economics. This video explores the effects of government intervention including: price ceilings, price floors, subsidies, and taxes. Make sure that you can draw these...

The Pearl Exchange is a hands-on experiential learning activity that shows how buyers and sellers determine equilibrium price in a market. It also shows how changes in a market will lead to shortages or surpluses and result in changes in...

In this episode I talk about how competitive markets allocate resources and consumer and producer surplus. I also talk about inefficiency and deadweight loss. Make sure to practice calculating CS, PS, and DWL