In this video I explain what a bank balance sheet is and help you practice calculating the reserve ratio, the required reserves, the excess reserves, and the total change in the money supply. Remember that the total change in the money...

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...

In this video I show how LRAS can shift causing economic growth. Keep in mind that a changing in consumption or government spending doesn't lead to more output in the long run if there is not an increase in capital. To permanently...

William Ayers, Distinguished Professor of Education and Senior University Scholar at the University of Illinois at Chicago (retired), founder of both the Small Schools Workshop and the Center for Youth and Society, taught courses in...

In this lesson, we will be practicing how to introduce claims clearly in argumentative writing by using background information. It is important to provide context and help the reader understand the topic before stating our claim and...

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...

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...

In this video lecture, the speaker discusses the concept of food security and the various factors that affect it. They begin by explaining that food security means having enough food to feed a population, and then go on to discuss the...

Some practice question videos are reserved for students that support ACDC Econ and purchase Ultimate Review Packet. The complete version of this video (and a bunch other hidden videos) comes with the packet. By the way, YouTube ad...

The coronavirus pandemic has killed thousands of people, crashed stockmarkets around the world, driven 10m Americans to claim unemployment and caused businesses to haemorrhage money. With economies are in turmoil, how bad will the damage...

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...

The video discusses the topic of labor markets, specifically the impact of a higher minimum wage on the economy. The video analyzes the factors that affect the significance of this trade-off, such as the size of cash reserves that...

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

With so much abundance, why are so many people still food insecure? What does a solution look like?

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...

This video provides a recap on how markets operate and work. It explains the concept of demand and supply, and how the interaction of these two elements determines the equilibrium price and quantity of a product or service. The video...

Supplying almost three million soldiers with the food, clothes and resources they needed to fight the Civil War was no easy task. So which side proved most successful?

This video highlights the growing demand for power in the developing world, particularly in Asia, and the reliance on hydropower as a clean alternative to fossil fuels. However, it also explores the negative consequences of hydropower...

This video explains the concept of bank rates and the transmission mechanism, which is the process by which a central bank's monetary policy decisions are passed on through financial markets to businesses and households. The video covers...

In this video. I explain the most important graph in most introductory macroeconomics courses- the aggregate demand model. In this video I cover aggregate demand (AD), aggregate supply (AS), and the long run aggregate supply (LRAS). Make...

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

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

The Micro Unit 1 Summary video is designed to help you understand economics. In this video I cover the basics: scarcity, opportunity cost, the economic systems, the production possibilities curve, and comparative advatage. I also show...

Requirements for Commercial Paper to be Negotiable