Jacob Clifford
Positive Externalities
Watch as an economics instructor guides students through what happens when the free market fails to allocate an efficient quantity. He attempts in 90 seconds or less to discuss the positive externality graph and how a...
Jacob Clifford
Money Market
AP economics students take a closer look at one of the key graphs they will need to know for the big exam: the money market graph. A fantastic instructor discusses the definition of money and how it is distinguished from wealth and...
Jacob Clifford
Foreign Exchange Practice
Task your young economists with practicing how to identify who demands and supplies dollars in foreign exchanges, as well as recognizing the four shifters of the foreign exchange market and their effect in given scenarios.
Jacob Clifford
Money Supply
Mr. Clifford talks monetary policy in another one of his great macroeconomics instructional videos, which includes discussion of the three shifters of money supply: the reserve ratio, discount rate, and open market operations.
Jacob Clifford
Comparative Advantage and Terms of Trade
Introduce your young economists to the concepts of international trade and comparative advantage with Mr. Clifford, a fantastic and tech-savvy economics instructor who uses video to teach economic concepts in an engaging and...
Jacob Clifford
The Phillips Curve
How does the Phillips Curve illustrate the three different places the economy can be in? Follow along with Mr. Clifford as he explains the ins and outs of this graph, including what marks a recession and inflation, and how the curve can...
Jacob Clifford
Economic Growth
How can you use aggregate demand and supply to illustrate economic growth? Savvy economics instructor Mr. Clifford illustrates how interest rates affect aggregate demand and supply in the long and short run, and how long run...
Jacob Clifford
Foreign Exchange Practice
Practice determining the appreciation and depreciation of relative currencies with Mr. Clifford, who guides you through calculations using shifters that can affect the supply and demand for currencies.
Jacob Clifford
Foreign Exchange (FOREX)
Explain the supply and demand for different currencies using this video, in which a savvy economics instructor breaks down the macroeconomic concept of foreign exchange with graphs, illustrations, and an approachable teaching...
Jacob Clifford
Balance of Payments
Explore one of the key concepts of macroeconomics with Mr. Clifford, who guides students through understanding the exchange of goods and services between countries, imports and exports, trade deficits, and current versus financial accounts.
Jacob Clifford
Intro - FOREX and International Trade
Here is a quick introduction to a series of macroeconomics videos on international trade and foreign exchange. Mr. Clifford, economics instructor and video presenter, briefly mentions the topics he will cover in his series, such as net...
Jacob Clifford
Loanable Funds & Crowding Out
Take a closer look at the loanable funds market and the graph representing how the demand and supply for loans determines the real interest rate in an economy.
Jacob Clifford
Interest Rates: Real vs Nominal Practice
Are interest rates a good or bad thing? Explain to your young economists why the answer depends on such factors as who is buying and lending and what is the inflationary rate, and how this all ties into banking practices and general...
Jacob Clifford
Money Multiplier Practice
Now that your young economists have had an introduction to how the money multiplier affects money supply in general, use this instructional video to guide them in practicing how to calculate the change in money supply given difference...
Jacob Clifford
Money Multiplier & Reserve Requirement
What is the money multiplier, and how does it affect the total increase of money supply? Mr. Clifford explains the difference in how the money supply changes when the Federal Reserve System purchases bonds versus when an average person...
Jacob Clifford
Graphing Monetary Policy Practice
In the second half of an instructional video on graphing the money market supply graph, Mr. Clifford explains to macroeconomic students how the money market affects aggregate demand with an inflationary gap, and how the Fed reacts when...
Jacob Clifford
Monetary Policy and Aggregate Demand
Draw connections between the supply and demand for money to the total, aggregate demand for final goods and services in an economy with this instructional video. Mr. Clifford will not only explain these key economic concepts,...
Jacob Clifford
Money Market and FED Tools (Monetary Policy)
Break down the money market graph step by step with your young economists, illustrating the general supply and demand of money, and discussing such points as the reasons why people demand money, liquidity, the shifting curve of the money...
Jacob Clifford
Intro - Monetary Policy (AP Macroeconomics)
Mr. Clifford briefly introduces the concept of monetary policy, highlighting primary features such as why using money is more valuable than a barter system and the three primary functions of money, as well as banking, the money...
Jacob Clifford
Economic Profit and Costs Review
What is the difference between the way an accountant calculates profit versus the way an economist calculates profit? Discover one take on the issue offered by Mr. Clifford, who reviews the concepts of explicit costs, implicit costs, and...
Jacob Clifford
Kinked Demand Curve
Your young economists will learn about non-colluding oligopolies and how their reactions to each other are reflected on a kinked demand graph.
Jacob Clifford
Oligopolies and Game Theory
Challenge your young economists with a problem on oligopolies and game theory in which they determine two sample firms' dominant strategies and options for maintaining and lowering prices.
Jacob Clifford
Socially Optimal and Fair Return for Monopolies
How do you regulate a monopoly, and how would this be depicted on a graph? Watch a savvy economics instructor answer this question by offering detailed explanations and drawing a graph in real time.
Jacob Clifford
Intro- Imperfect Competition
Before you delve into a series of videos on microeconomics and imperfect competition, watch this video to get a general overview of the unit's key points, such as how demand in a monopoly is identified on a graph, oligopolies, and...