In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph calculate total revenue, total cost, and profit.

This is a lecture on the causes of shifts in the supply curve in microeconomics. The lecturer then identifies the four main causes of supply shifts, including changes in the cost of production, introduction of new technology, factors...

This video explains the basics of the supply curve and how to derive its shape. It also explores the law of supply and its relationship to the quantity supplied and the price of a product. The video also gives examples of firms and the...

The video explores the UK housing market and explains how supply and demand impacts it. It covers various factors affecting the demand for housing such as availability of mortgages, speculative investment, regional demand variations,...

This video discusses buffer stock schemes, a government intervention strategy in commodity markets. The video explains how commodity markets operate and why price volatility can create issues for producers and consumers. The concept of...

The video is a lecture discussing agricultural and commodity markets with a focus on applying the principles of supply and demand to these industries. The speaker defines key terms and explains the analytical process of establishing...

In this episode of EconMovies, I use Indiana Jones to explain the concepts of demand, supply, equilibrium, and shifting these curves. Good luck studying economics. Snakes? Why did it have to be snakes?!

In this video, the instructor teaches how to rearrange elasticity formulas to make any variable the subject of the formula. The video focuses on price elasticity of demand as an initial example and demonstrates how to substitute and...

The video discusses the UK housing market, and how the concepts of supply and demand apply to it. The speaker explains how demand for housing is affected by interest rates, availability of mortgages, and the fact that housing is both a...

This video provides a tutorial on how to calculate the cross elasticity of demand for a pair of products given relevant data. The three-step process involved in the calculation of elasticity is explained clearly, with examples provided...

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 sociall
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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...

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....

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.

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...

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?...

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...

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...

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...

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...

Types of Commercial Paper

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...

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.

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...