This video discusses inventory controls and their importance in managing a business's operations. The speaker explains the three main types of inventories - raw materials, work in progress, and finished goods - and how they come together...

This music video was written and created by Mr. Clifford. The singing was done by the very talented Gabi Cavassa from the class of 2012. It covers many of the key graphs of microeconomics. Don't forget to watch the very end. Enjoy!

It explains the term animal husbandry. It talks about common animal farming practices and describes various practices followed in management of domestic animals.

Hey students. This video is designed to help you calculate and apply marginal utility and marginal utility per dollar. Many teachers and professors ask questions that require you to determine the utility maximizing combination with two...

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 firm in monopolistic competition. Notice, the firm will make zero economic profit in the long run since there are low barriers to entry. Make sure you know how the graph changes from the short run to...

Foreign exchange practice questions.

The Environment, Social and Governance (ESG) business space is reckoned to be worth more than $32tn. The FT’s Gillian Tett explains how companies have realised they cannot afford to ignore issues like climate change and income inequality.

Mr. Clifford's 60 second explanation of how to draw monopolisticly competitive firm in long run equilibrium. Remember that ATC must hit the demand curve at the "sweet spot". In the bonus round learn why the firm is not efficient and...

A quick overview of what you will cover in the sixth unit of Microeconomics. Virtually all teachers will cover the same topics, but keep in mind that some teachers might teach a few concepts in a different order.

In this video I explain the market for foreign exchange and national currencies.

Individuals and countries benefit from trade. Even though it isn't very realistic, simplified examples like this will help you understand the idea of comparative advantage. Make sure that you can calculate the per unit opportunity cost...

In this video I explain how to draw a monopoly with first degree price discrimination. Try pausing the video to see if you can show price, consumer surplus, and profit on the graph. Please keep in mind that these clips are not designed...

Float it or fix it? Mr. Clifford expalins the difference between floating and fixed exchange rates and how countries peg the value of their currency to another currency.

Should you take $100 today or $200 in two years? Mr. Clifford expalins how to calculate the future value and the present value of money.

In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC.

A quick overview of what you will cover in the third unit of Microeconomics. Virtually all teachers will cover the same topics, but keep in mind that some teachers might teach a few concepts in a different order.

Where is Saarland located and why was it important? As Germany started rearmament, why wasn't Hitler challenged for this?<br/>
10 Steps to World War Two, Part 2

"You didn't build that!" Mr. Clifford expalins the characteristics of public goods and the free rider problem

In this video I explain foreign exchange and how the value of currencies change. Remember that the trick is to remember that you supply your currency and the people in other countries demand your currency. Thanks for watching.

Hey internet! This is Jacob Clifford. In this episode I explain explicit and implicit benefits and costs. I also define utility and explain the idea of cost-benefit analysis.



The answers to the practice questions are in the...

Doughnuts are a form of fried dough pastry that usually has a hole in the middle. Learn about theories on who invented the doughnut and try a simple doughnut recipe.

What was the most iconic moment during the appeasement? What was the watershed moment when it came to the occupation of Czechoslovakia?<br/>
10 Steps to World War Two, Part 4

In this live-action program viewers will learn that oxygen is necessary for life and is used to create energy in cellular respiration. Students will come to understand Cellular respiration is required for life, and breathing, which is...