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The Economics of Seinfeld
The Economics of Seinfeld: The Non Fat Yogurt
Seinfeld clip [4:44] from an episode that teaches us about the economic concept of demand, featuring Jerry and Elaine's crusade as they begin to get fat from the yogurt they are eating.
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Khan Academy: Price Elasticity: More on Elasticity of Demand
Are you ready to look a bit deeper at why elasticity changes despite having a linear demand curve? This video explains how the quantity of demand of good or service changes when it price changes. [6:00]
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Khan Academy: Price Discrimination: First Degree Price Discrimination
The video demonstrates first degree price discrimination using a graph with a fictional business. Learn how businesses try to optimize economic profit by charging different consumers different amounts. [6:00]
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Khan Academy: Total Revenue and Elasticity
This video lesson from Khan Academy is intended for students who are taking the AP Microeconomics course or a college microeconomics class. Explore the relationship between total revenue and elasticity in this video.
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Khan Academy: Price Elasticity of Demand Using the Midpoint Method
This video lesson from Khan Academy is intended for students who are taking a microeconomics course. This lesson serves as an introduction to price elasticity of demand.
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Khan Academy: Perfect Inelasticity and Perfect Elasticity of Demand
This video lesson from Khan Academy is intended for students who are taking the AP Macroeconomics course. Students will examine the two extremes of elasticity: perfectly elastic and perfectly in elastic demand. The extremes can help...
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Khan Academy: More on Elasticity of Demand
Looking a bit deeper at why elasticity changes despite having a linear demand curve. This resource is designed as a review for the AP Microeconomics Test or a college-level microeconomics course.
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Khan Academy: Introduction to Price Elasticity of Demand
In this video lesson, explore a simple way to calculate the price elasticity of demand, how to interpret that calculation, and how price elasticity of demand varies along a demand curve. This resource is designed as a review for the AP...
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Khan Academy: Elasticity and Strange Percent Changes
This video lesson explains why we calculate percent changes in a strange way when calculating elasticities. This resource is designed as a review for the AP Microeconomics Test or a college-level microeconomics course.
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Khan Academy: Determinants of Price Elasticity of Demand
There are several factors that affect how elastic (or inelastic) the price elasticity of demand is, such as the availability of substitutes, the timeframe, the share of income, whether a good is a luxury vs. a necessity, and how narrowly...
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Khan Academy: Determinants of Elasticity Example
Walk through the logic of determining what kind of good has the most elastic demand in this video. This resource is designed as a review for the AP Microeconomics Test or a college-level microeconomics course.
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Khan Academy: Constant Unit Elasticity
This video lesson provides a case of price elasticity of demand, s demand curve with a constant unit elasticity. Explore what such a demand curve would look like in this video.
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Khan Academy: Changes in Income, Population, or Preferences
In this video lesson from Khan Academy, students will explore how changes in a few factors, including income, population, and consumer preferences, affect the demand curve. This resource is designed as a review for the AP Macroeconomics...
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Khan Academy: Changes in Equilibrium Price, Quantity When Supply & Demand Change
In this video lesson from Khan Academy, students will explore what happens when both supply and demand are simultaneously changing. This resource is designed as a review for the AP Macroeconomics Test or a college-level macroeconomics...
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Khan Academy: Change in Expected Future Prices and Demand
Explore the role of buyers' expectations as a determinant of demand in this video lesson from Khan Academy. This resource is designed as a review for the AP Macroeconomics Test or a college-level macroeconomics course.
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Khan Academy: Change in Demand Versus Change in Quantity Demanded
This video lesson from Khan Academy explains the differences between a change in the quantity demanded for a good (which causes a movement along a demand curve) and the change in a good's demand (which causes the entire demand curve to...
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Khan Academy: Cross Price Elasticity of Demand
This video explains how the price of one good impacts the quantity demanded of another. [11:19]
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Khan Academy: Demand Curve as Marginal Benefit Curve
To get a better intuition about how much a consumer values a good in a market, we think of demand as a marginal benefit curve. In this video, we look at the demand curve from a marginal benefit framework. [5:53]
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Khan Academy: Deflationary Spiral
One of the biggest worries associated with deflation is a deflationary spiral, in which low unemployment and a decreasing price level lead to lower unemployment and an even lower price level. [3:50]
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Khan Academy: Deriving Demand Curve From Tweaking Marginal Utility Per Dollar
Where does a buyer's demand curve come from? A rational buyer wants to get as much 'bang per buck' from their consumption as possible. In economics, that's called marginal utility per dollar spent. In this video, we derive the...