In this video, the presenter discusses the subject of economic growth and how it is measured. He explains the definitions of economic activity, GDP, and growth, and how GDP data is interpreted to determine the level of economic growth....

The Principal Economic Commentator of The Times of London argues that the world is entering the 4th great era of capitalism where markets and government will come more in balance.

Host Gugulethu Zuma-Ncube introduces the unusual yet fascinating forms of ethnographic African currencies; from personal adornments such as beads, shells, jewelry and even massive iron forms weighing as much as 100 pounds, to the...

This video discusses economic efficiency and its importance in achieving social welfare. The video discusses different types of efficiency such as productive efficiency, allocative efficiency, dynamic efficiency, and X-efficiency. The...

The documents our predecessors left for us contain a written record of our history, and bear witness to why we are who we are and how our democracy evolved. In this video we look at the documents that come from the tumultuous...

In this video I explain the difference between the money market and the loanable funds market and explain why one of them is labeled nominal interest rate and the other is labeled REAL interest rate.



I also show how both...

A chilling monologue from a young nurse recruited into the T4 euthanasia programme. She tells how she became a Nazi Party member and was inspired by Hitler, and how she believed that what she was doing was for the good of her...

In this video I explain the three shifters of the money supply. Pay attention, you'll need this to learn monetary policy. Thanks for watching.

Host Gugulethu Zuma-Ncube introduces the unusual yet fascinating forms of ethnographic African currencies; from personal adornments such as beads, shells, jewelry and even massive iron forms weighing as much as 100 pounds, to the...

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...

Here is Einstein's article in the Monthly review magazine.



Why Socialism? by Alber

t Einstein

This article was originally published in the first issue of Monthly Review (May 1949). It was subsequently published in...

Thanks to Franklin D. Roosevelt’s ambitious New Deal plan, American artists were able to keep working during the Great Depression. The work they produced remains a key part of the American landscape.

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

I explain excise taxes any show what happens to consumer surplus, producer surplus, and deadweight loss as a result of a tax. Make sure to watch the section about tax incidence and who pays the majority of a tax.

In this video I explain the difference between nominal and real interest rates. Be sure to be able to calculate them. Thanks for watching.

In this video I explain how to connect the supply and demand for money to aggregate demand and supply.

A change in demand is when the whole curve shifts and a change in quantity demanded is movement along the demand curve due to a change in price. Price Doesn't shift the curve.

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

In this video I overview fiscal and monetary policy and how the economy adjust in the long run. Keep in mind that fiscal and monetary policy shift aggregate demand while waiting for the economy to adjust is a shift in aggregate supply....

In part 6 of INET's interview with Orville Schell, the Director of the Center on US-China Relations at the Asia Society says that collaboration with the Chinese on economic issues could be done through new technologies, and could be of...

If you want to skip the lesson and just practice go to 10:48. I spend the first have of the video explaining how to identify which country has an absolute advantage, calculate opportunity cost, identify which country has a comparative...

Discusses how to approach valuing an ecosystem in tangible metrics and provides examples of where revenue or cost savings have been found from doing so

China has signed the world’s largest trade deal, one that excludes the U.S., with 14 other economies in the Asia-Pacific region

In this video. I explain the most important graph in most introductory macroeconomics courses- the aggregate demand model. In this video I cover aggregate demand (AD), aggregate supply (AS), and the long run aggregate supply (LRAS). Make...