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...

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...

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.

This is a supply and demand activity that explain how the equalibrium price is created and changed.

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...

This is a practice quiz for Macroeconomics Unit 1. The questions are designed for AP and college introductory economics.

​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...

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,...

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

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.

This video discusses the determinants of price elasticity of demand, which is a key concept in economics. The video uses two examples and explains the five main factors that affect the price elasticity of demand at an A-level, including...

ADM chief executive Juan Luciano discusses how one of the biggest agriculture enterprises in the world is addressing growing demands for sustainability up and down the global food-supply chain with WSJ Chicago Bureau Chief Joanna Chung.

This is an old video where I explain aggregate demand, aggregate supply, and long run aggregate supply. Keep in mind that the "long run" is not a specific amount of time. The long run refers to enough time for resource prices (like...

In this video I explain how to draw a monopoly making a profit. Remember to produce at MR = MC at charge a price up to the demand curve.

In this video, the presenter explains the fundamentals of labor markets and how economists study them. They discuss the downward sloping labor demand curve, and how higher wage rates cause firms to demand fewer workers. They also explain...

In this video I explain how to show the effects tariffs and quotas on a supply and demand graph. The days I filmed this video were in "spirit week". One day was sports day (that's why I'm dressed like a coach) and the other day was...

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

This week on Blockchain Central: we'll see what's been going on with the Crypto market lately, analyze why it's been dipping and show you a few potential reasons for that recent slump. __ 'Blockchain Central' is your #1 trusted source...

This is videos has 11 practice multiple choice questions for Macroeconomics Unit 2: Measuring the Economy. The questions are designed for AP and college introductory economics. Do your best and feel free to click on the "learn more" link...

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

The video explains the concept of aggregate demand and its four expenditure components that make up the total expenditure for an economy's goods and services over time - consumption, investment, government spending, and net exports. The...

This is my 60ish second explanation why the MR curve is less than the demand for all imperfectly competitive firms (except for price discriminating monopolies). Keep in mind that a monopoly must lower the price of all units to sell more...

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

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