Curated Video
Understanding Price Discrimination and Its Effects on Markets and Consumers
The video discusses the concept of price discrimination and how it is used by firms to charge different prices to different segments of the market. It provides examples of price discrimination, such as different ticket prices for adults...
Curated Video
Understanding and Calculating the Multiplier Effect Using the Marginal Propensity to Consume
This is a tutorial video on the multiplier effect. The video aims to help viewers define, understand, and calculate the multiplier effect using the marginal propensity to consume (MPC). The speaker explains how the MPC determines the...
ACDC Leadership
Who's the spokesperson for economics?
Most students today have probably never heard of one of the economist that Paul Krugman, called “possibly the most brilliant communicator of economic ideas to the general public that ever lived.” Milton Friedman won the Nobel prize in...
ACDC Leadership
Macro Unit 2.5- CPI Practice AP Macroeconomics
In this video I explain of how to calculate CPI for different base years. Make sure to try it on your own in the bonus round.
Institute for New Economic Thinking
Corrado DiGuilmi and Laura Carvalho: Beyond Representative-Agent Macroeconomics
The current dominant strain of macroeconomic thought adopts an analytical simplification of the representative agent that deliberately abstracts from some of the most interesting and important questions we confront today. A central...
PBS
How Eating Out Keeps You Poor!
Restaurants are getting more and more expensive, yet Americans are eating out more often. How much damage is this doing to your long-term financial goals?
Bill Carmody
Unshakable: Achieving Wealth and Happiness
In this video, Tony Robbins discusses his new book, "Unshakable," which focuses on financial strategies and advice for achieving financial freedom and stability. He emphasizes the importance of being a conscious investor and making smart...
Bill Carmody
Dealstorming: The Power of Collaboration in Sales and Marketing
In this video, Bill Carmody interviews Tim Sanders, a world-renowned international keynote speaker and author of the book "Dealstorming." They discuss the importance of collaboration in sales and marketing, and how bringing together a...
ACDC Leadership
Macro 2012 FRQ #2- Bank Balance Sheets
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics course.
Curated Video
Cost Benefit Analysis: Evaluating Economic Decisions for Society
This video introduces the concept of cost benefit analysis and explains how it can be used to evaluate the social benefits and costs of a specific economic decision. The examples used in the video include the hypothetical scenario of a...
Curated Video
Understanding Merit and Demerit Goods: Definitions, Causes, and Value Judgments
This video discusses the concepts of merit and demerit goods in economics. The presenter defines both terms and explains why these goods can be under or over provided by the market.
Curated Video
Indicators of Economic Development
The video discusses the indicators of economic development, which are the areas that developing countries can focus on improving to increase their living standards and rate of development. The speaker explains how low living standards,...
Curated Video
Sustainable Growth
In this video, the speaker provides a lesson on sustainability and focuses on the importance of achieving sustainable growth through shifts in the long run aggregate supply curve. He discusses two situations: a simple outward long run...
Curated Video
Understanding Productivity and Its Importance for Economic Growth
The video discusses the concept of productivity and the factors that determine productivity. The video also explores various policies that can be implemented to improve productivity, such as investing in education and infrastructure,...
Institute for New Economic Thinking
Ajit Sinha - Piero Sraffa's Price Theory Without Equilibrium
Piero Sraffa's classic work Production of Commodities by Means of Commodities has been variously interpreted as a special case of modern neoclassical general equilibrium or a foundation stone for the revival of the classical tradition of...
Curated Video
Contestability and Perfectly Contestable Markets
In this video, the speaker discusses the concept of contestability in economics and its relevance to evaluating market structures. The speaker explains how perfectly contestable markets differ from perfectly competitive markets and how...
Curated Video
How the Price Mechanism Works in Markets
This video explains the function of the price mechanism in ensuring equilibrium in markets. The video describes the three main functions of prices; incentive function, rationing function, and signaling function.
Curated Video
Aggregate Demand and Aggregate Supply Analysis: Exploring the Keynesian AS Curve
This is a lecture on aggregate demand and aggregate supply analysis, focusing on the Keynesian AS curve. The speaker provides examples of different impacts on the economy depending on which part of the AS curve is relevant at any given...
Curated Video
Understanding Investments
This video is a lecture on the topic of investments. In the lecture, the presenter provides definitions for various terms related to investments such as fixed capital, working capital, and depreciation. He also covers the factors that...
Institute for New Economic Thinking
Bill Mitchell: Demystifying Modern Monetary Theory
In a challenge to conventional views on modern monetary and fiscal policy, Professor Bill Mitchell of Newcastle University in Australia has emerged as one of the foremost exponents of Modern Monetary Theory (MMT), a heterodox challenge...
Institute for New Economic Thinking
Equity and Growth Through Knowledge Based Economies
Chris Benner is an environmental and urban economist researching regional development and employment in America. He is a Professor of Environmental Studies at the University of California, Santa Cruz, and the Executive Director of the...
Institute for New Economic Thinking
The Long Road Back Toward Ethical Banking Practices
We all know the story of the last 30 years in financial services: The ‘big bang’ deregulation initiated in the Thatcher/Reagan period (and carried on through to the 21st century) led to a much more permissive and international trading...
Institute for New Economic Thinking
Women, Finance & Society
Since the onset of the Global Financial Crisis in 2008, there has been much debate about reforming the financial sector and improving the accountability of its major actors. In fact, many of the principals involved in creating the mess...
Institute for New Economic Thinking
Credit Booms & Credit Busts
There is now a growing consensus among policymakers and academics that a key element to improve safeguards against financial instability is to strengthen the “macroprudential” orientation of regulatory and supervisory frameworks....