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Curated Video
Understanding and Analyzing Monopsony Power in the Labor Market
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...
Curated Video
Monopsony Labor Markets: Effects and Interventions
The video discusses the concept of a monopsony, which occurs when there is only one buyer in a market, such as the government in the public sector. The video explains the differences between the outcomes of a monopsony labor market and a...
Professor Dave Explains
The Formation and Regulation of Monopolies
We've all played the board game monopoly. Perhaps surprisingly, this is a pretty good introduction regarding the concept of a monopoly in economics. This is a situation when a single seller dominates a market. How do monopolies come...
Economics Explained
Why Amazon is Begging For Regulations: The Twisted Economics of Amazon
In two short decades, Amazon has grown from a modest online bookstore to an international conglomerate. A conglomerate that seems hellbent on moving into every growing industry out there.
Amazon will only be the second company...
Amazon will only be the second company...
ACDC Leadership
Crash Course Economics- How it all started
I just found out that John Green is looking for a economics educator to help out with a project. I made this video to introduce myself and hopefully get his attention.
ACDC Leadership
Micro Unit 5, Question 12: Monopsony
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.
Khan Academy
Khan Academy: How Many People to Hire Given the Marginal Product Revenue Curve
Video lecture explores how many people it makes sense to hire, with a brief discussion of a monopsony. [9:02]
Khan Academy
Khan Academy: A Monopsonistic Market for Labor
When there is a single buyer of labor this type of market is called a monopsonistic labor market. Learn how this changes the analysis of labor markets and why marginal factor cost is higher than the supply of labor in such markets. [9:23]