ACDC Leadership
Are you faster than Clifford? Micro Edition
Can you draw the graphs of microeconomics faster than me? Also, share this video with your teacher and see if he or she can beat my best times. Here are my times: 15 seconds- Natural monopoly regulated at socially optimal 23 seconds-...
Curated Video
Understanding Price Elasticity of Demand - Characteristics of Demand Curves
This video is a lesson on the price elasticity of demand and the characteristics of demand curves. The instructor explains how to calculate price elasticity of demand and defines the terms elastic and inelastic. The video also covers how...
ACDC Leadership
Macro 3.4- The Phillips Curve (Short and Long Run)AP Economics
Mr. Clifford's explanation of the short run and long run Phillips curves. In the short run, there is a negative relationship between inflation and unemployment. In the long run, there is no trade-off between inflation and unemployment....
ACDC Leadership
Demand and Supply Explained Part 2 - Macro Topic 1.5 (Micro Topic 2.2)
In this video I explain supply, the law of supply, the shifters of the supply curve, equilibrium, surplus, and shortage. Make sure to draw the graphs on your own.
Curated Video
Introduction to Elasticity in Economics
This video introduces the concept of elasticity and its importance in economics. The video also discusses the significance of proportionate changes in variables and how initial values impact the calculation of elasticity. The elasticity...
TMW Media
The Everglades Ecosystem: Learn how the everglades came to be
What are the different ecosystems that make up the everglades? What has compromised the health of the everglades? Where do the everglades begin? When and how did the everglades begin to form? What happened when settlers came to the area?...
ACDC Leadership
Econ 2.4 Supply and Demand Curves (Old Version)- ACDC Econ
Mr. Clifford's explanation of the Law of Demand and the Law of Supply. He also shows why demand curves are downward sloping and supply curves are upward sloping. Please keep in mind that these clips are not designed to teach you the key...
Curated Video
Understanding and Analyzing Monopsony Power in the Labor Market
This video is a lecture on the topic of monopsony power in the labor market. The speaker explains the concept of monopsony and how it impacts the labor market for both workers and employers. The speaker also compares a perfectly...
ACDC Leadership
Does economics make you selfish?
Thank you so muych for watching my videos. In this video I explore some arguments regarding why economics makes people selfish. I inlcuded several artciles about the subject below. Please feel free to read them over and let me know if...
Curated Video
Calculating Price Elasticity of Demand: A Step-by-Step Guide
This video is a tutorial on how to calculate the price elasticity of demand for a good. The speaker explains the process step by step, starting with calculating the changes in quantity demanded and price, then using those numbers to...
ACDC Leadership
Micro 5.3 Comparing Product and Resource Markets: Econ Concepts in 60 Seconds- Review
Mr. Clifford's 60 second explanation of the differences between a perfectly competitive product market and a perfectly competitive resource market. Notice that the firms both have a horizontal curve but in the product market it is demand...
ACDC Leadership
5.2 Perfectly Competitive Labor Market and Firm: Econ Concepts in 60 Seconds- Advanced Placement
Mr. Clifford's 60 second explanation of how to draw a perfectly competitive labor market and firm hiring workers. Notice that the perfectly elastic (horizontal) curve is now supply.
Curated Video
Example Elasticity Problems and How to Solve Them Using Elasticity Triangles
The video is a tutorial on solving elasticity problems using elasticity triangles. It covers examples of price elasticity of demand, cross elasticity of demand, and income elasticity of demand, with step-by-step explanations of how to...
Curated Video
Diagrammatic Analysis of Monopoly Market Structure
This video explains the concept of monopoly market structure, its diagrammatic analysis, and the behavior of monopolists. The video covers topics such as the downward-sloping demand curve, the profit-maximizing output, the price, and the...
ACDC Leadership
Micro 6.4 Positive Externalities- ACDC Econ
Mr. Clifford's 60 second explanation of positive externalities (aka: spillover benefits). Notice that there are two different demand curves. One is the marginal private benefit which ignores the spillover benefits of flu shots and the...
ACDC Leadership
Micro Unit 2 Intro- Supply and Demand
A quick overview of what you will cover in the second 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.
ACDC Leadership
Pearl Exchange Activity Full - Demand and Supply
This is a supply and demand activity that explain how the equalibrium price is created and changed.
Curated Video
The Kinked Demand Model in Oligopoly
In this video, the presenter discusses the kinked demand model, which is a way of analyzing the impact of interdependence within oligopolies. They explain the assumptions and structure of the model, as well as how to construct it...
ACDC Leadership
Macro Unit 1- Practice Questions #2
This is a practice quiz for Macroeconomics Unit 1. The questions are designed for AP and college introductory economics.
Institute for New Economic Thinking
Capitalism: Competition, Conflict, Crisis
​Competition and conflict are intrinsic features of modern societies, inequality is persistent, and booms and busts are recurrent outcomes throughout capitalist history. State intervention modifies these patterns but does not abolish...
ACDC Leadership
The Economics of the Coronavirus
I hope that you and your family are safe and healthy. Like many of you, I'm quarantined in my house so I made this quick video talking about some of the economic concepts associated with recent events. I talk about scarcity, shortages,...
ACDC Leadership
Micro Unit 4, Question 3- Monopoly, Elastic Range
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.
Curated Video
Understanding Public Goods and Their Characteristics
This video explains the concept of public goods and why they are typically provided by the government rather than through the market. The video describes two unique characteristics of public goods - non-excludability and non-rivalry.