This video focuses on evaluating the macroeconomic concept of trade. The video explains how changes in the AD and SRAS curves affect the current account, balance of payments, and net exports. The impact of a positive AD curve shift on...

Many countries are going cashless at great speed. What are the advantages of ditching hard cash and what are the dangers?

This video is a lesson on individual and market demand curves as part of an economics course. The presenter explains how each individual consumer decides on how much of a product they want to buy at a certain price and how this can be...

What are wages? How are they structured? What is a minimum wage? Is it a good or bad thing? Anyone who is now or will ever be employed will want to know about this stuff, so give it a watch!

In this video I overview fiscal and monetary policy and how the economy adjust in the long run. Keep in mind that fiscal and monetary policy shift aggregate demand while waiting for the economy to adjust is a shift in aggregate supply....

If you want to skip the lesson and just practice go to 10:48. I spend the first have of the video explaining how to identify which country has an absolute advantage, calculate opportunity cost, identify which country has a comparative...

The video discusses the importance of managing stock control systems in businesses in order to minimize costs and increase flexibility to meet demand in the market. It explains the three different forms of inventory, which are basic raw...

In this video we explore the trial of Charles I at the end of the English Civil War and ask whether its outcome was a foregone conclusion.

Crowdsourcing delivery vans to go the extra mile, democratizing access to investment opportunities and personalizing the hotel experience. Plus, Michael and Anthony hear from the IBM executive bringing quantum computers to the...

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...

In this video I explain the three stages of the short run aggregate supply curve: Keynesian, Intermediate, and Classical.

I explain the idea of fixed resources and the law of diminishing marginal returns. I also discuss how to calculate marginal product and identify the three stages of returs: increasing, decreasing, and negative returns

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This video discusses the topic of elasticity, specifically the price elasticity of demand within the context of the impact of Brexit on the UK agricultural market. The video explores the concept of elasticity and how it can be used to...

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

In this video I explain how to draw and anaylze a monopoly graph. Make sure to answer the questions and check out the bonus dance at the end. No! We can't play the board game.Thanks for watching

In this video I explain the reserve requirement, the money multiplier, and how money is created. Try it on your own. Good luck!

The foreign currency exchange market is one of the most influential markets in the world today, the New York stock exchange, the Nasdaq and the Tokyo stock exchange the three largest securities markets in the world have a daily...

Ok. In this one I draw and explain the graph for loanable funds and crowding out.

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Insulate Britain, a new campaign group, have been causing chaos on Britains roads recently attempting to highlight the issue of insulation in the UK. So in this video we look at the environmental issues behind these claims, whether...

Learn about the concept of negative externalities and how they lead to market failure. Using a graph, the teacher demonstrates the difference between the socially optimal quantity and the quantity produced in a free market. They also...

What was silks place in the Buddhist realm? How did the Buddhist use of silk create competition with others?<br/>
The Silk Roads: Changing Perspectives, Part 4

Hey econ students! Thank you for watching my videos. I really appreciate it. In this video I quickly go over the difference between the inflation rate and the Consumer Price Index (CPI) and then give you several practice problems. Be...