Crash Course
Specialization and Trade: Crash Course Economics
In which Adriene Hill and Jacob Clifford teach you about specialization and trade, and how countries decide whether they're going to make stuff or trade for stuff. You'll learn about things like comparative advantage, the production...
ACDC Leadership
Micro Unit 1 Summary (Updated Version)
The Micro Unit 1 Summary video is designed to help you understand economics and goes hand-in-hand with my Ultimate Review Packet. In this video I cover the basics: scarcity, opportunity cost, the economic systems, the production...
ACDC Leadership
Micro Unit 1 Summary- Basic Economic Concepts (Old Version)
The Micro Unit 1 Summary video is designed to help you understand economics and goes hand-in-hand with my Ultimate Review Packet. In this video I cover the basics: scarcity, opportunity cost, the economic systems, the production...
ACDC Leadership
MICROeconomics 19 Minute Review
In this video I reviews all of MICROeconomics in 19 minutes. (Note- I used the same intro from the macro video since Unit 1 is the same, but this definitely covers MICRO).
Curated Video
Understanding Absolute and Comparative Advantage in Trade Theories
In this video, the speaker explains how trade theories such as absolute advantage and comparative advantage can help understand why countries engage in certain trading patterns and specialize in specific goods and services. The speaker...
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.
Curated Video
The Impact and Importance of Globalization: Exploring its Effects and Significance
In this video, the speaker discusses the impact and importance of globalization. They provide a brief explanation of what globalization is and how it is facilitated by free trade and improved communication and transportation. The speaker...
ACDC Leadership
Micro Unit 1- Practice Questions #2
This is a practice quiz for Microeconomics Unit 1. The questions are designed for AP and college introductory economics.
Curated Video
Trading Blocks: Types and Impacts on Businesses
This video covers the topic of trading blocs around the world. It describes how the rise in value and size of trade between major countries and regions has been facilitated by globalization and the integration of countries through...
ACDC Leadership
Micro Unit 1 Summary- Basic Economic Concepts
The Micro Unit 1 Summary video is designed to help you understand economics. In this video I cover the basics: scarcity, opportunity cost, the economic systems, the production possibilities curve, and comparative advatage. I also show...
Curated Video
Trade Liberalisation
This video lecture discusses market-oriented strategies and policies that promote trade liberalization to achieve growth, development, and increase living standards. It also explains the distinction between theoretical growth and...
Institute for New Economic Thinking
Shaikh’s path 2 Absolute Advantage
Shaikh’s path 2 Absolute Advantage
Institute for New Economic Thinking
Paul Davidson - Legal Arbitrage Is Not Comparative Advantage 4/4
In the fourth and final part of this four-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with Journal of Post Keynesian Economics co-founder Paul Davidson about Davidson's book The Keynes...
ACDC Leadership
Comparative Advantage Practice: Output and Input Questions-AP Economics
In this video I show you how to calculate per unit opportunity cost and comparative advantage. There are two different types of questions: output and Input.
Curated Video
Understanding the Terms of Trade of a Country: Factors and Implications
In this lecture video, the concept of the terms of trade of a country is explained. The video explores how the terms of trade are a measure of a country's international competitiveness, and how their improvement or deterioration can...
ACDC Leadership
Macro Unit 1 Summary- Basic Economic Concepts (Revised 2020)
In this video I cover the basics: scarcity (3:17), opportunity cost, the production possibilities curve (9:57), comparative advantage (15:15) and demand and supply (29:22). I also show you the quick and dirty (22:52). Don't worry, it's...
Curated Video
Introduction to Absolute Advantage in Trade
The video introduces the concept of absolute advantage in international trade. The speaker explains that differences in the quantity and quality of factors of production between countries create opportunities for countries to specialize...
Curated Video
Understanding the European Union
The video provides an in-depth overview of the European Union, its history, purpose, and the benefits and drawbacks of membership. The speaker discusses the institutions of the EU and the impact of EU policies on member countries. The...
ACDC Leadership
MACROeconomics 15 Minute Review
In this video I explain Macroeconomics in 15 minutes. Click on the box to watch videos covering each concept and graph or click on the playlists below. Make sure to subscribe and comment.
ACDC Leadership
Comparative Advantage and Trade - Macro Topic 1.3 (Micro Topic 1.4)
This topic is somehow ridiculously simple and ridiculously complex. The simple part is understanding that trade is mutually beneficial. The complex part is calculating per unit opportunity cost and determining how individuals, business,...
ACDC Leadership
Macro Unit 1 Summary- Basic Concept and Demand/Supply
The Macro Unit 1 Summary video is designed to help you understand economics and goes hand-in-hand with my Ultimate Review Packet. In this video I cover the basics: scarcity, opportunity cost, the economic systems, the production...
Institute for New Economic Thinking
Prosperity for All
How do we make economic development work for everyone? William Easterly (Professor of Economics @New York University and Co-director @NYU DRI) discusses the critical successes and failures of nations in the evolving global economy.
ACDC Leadership
Macro Unit 1, Question 11- Terms of Trade
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics course.
Economics Explained
The Economics of Foreign Exchange: Globalization
The foreign currency exchange market is one of the most influential markets in the world today, the New York stock exchange, the Nasdaq and the Tokyo stock exchange the three largest securities markets in the world have a daily trading...