Curated Video
Dynamic Efficiency in Market Structures
The speaker discusses dynamic efficiency in this lecture video. He explains the difference between static efficiency and dynamic efficiency and provides examples of how they can be applied to analyze industries. He describes the three...
ACDC Leadership
Perfect Competition Short Run (1 of 2)- Old Version
In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph calculate total revenue, total cost, and profit.
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).
ACDC Leadership
Are you faster than Clifford? Micro Edition
Can you draw the graphs of microeconomics faster than me? Also, share this video with your teacher and see if he or she can beat my best times. Here are my times: 15 seconds- Natural monopoly regulated at socially optimal 23 seconds-...
ACDC Leadership
Microeconomics- Everything You Need to Know
In this video I cover all the concepts for an introductory microeconomics course and AP course. I go super fast so don't take notes. Focus on the big picture ideas, identfy what you still need to practoce, and go back and watch my Unit...
Curated Video
Market Competition: Understanding Perfect Competition and Monopoly
This video discusses the concept of market competition and how it affects outcomes like prices, efficiency, and outputs. The video then introduces two important forms of market competition: perfect competition and monopoly. The speaker...
Curated Video
Allocative Efficiency: Definition, Importance, and Market Structures
The video is a lecture on allocative efficiency, which discusses the optimal allocation of resources to produce goods that consumers actually want. The lecturer explains allocative efficiency in detail, including how it's different from...
ACDC Leadership
Monopoly Graph Review- Microeconomics
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.
ACDC Leadership
Micro 3.5 Perfect Competition in the Short Run: Econ Concepts in 60 Seconds Advanced Placement
Mr. Clifford's 60 second explanation of perfect competition in the short run with a firm making profit. The firm is a price taker and price is set by the market at $10. Don't forget to pause during the bonus round and calculate TR, TC,...
Curated Video
Introduction to Monopolistic Competition: Characteristics and Applications
The video is a lecture on the market structure of monopolistic competition. It discusses the main characteristics and assumptions of this market structure and how it fits within the spectrum of other market structures. The lecture...
Curated Video
Understanding Perfect Competition: Conditions and Dynamics
The video discusses the concept of perfect competition in economics. It outlines the conditions that must be present for a market to be considered perfectly competitive, including a large number of buyers and sellers, firms being price...
Curated Video
Monopolistic Competition: Differences and Long Run Equilibrium
The video explains the concept of monopolistic competition. It highlights the key difference between perfect competition and monopolistic competition. The video then discusses the short-run and long-run scenario for firms in monopolistic...
ACDC Leadership
Classroom Activity- The Four Market Structures Candy Simulation
The best way to learn something is to do it! Here is another experiencial learning activity for economics that you can do with your students. It will help your students understand and explain the difference between the four market...
ACDC Leadership
PERFECT COMPETITION ECON AP THRIFT SHOP PARODY
Third place video from the 2013 AP Econ Music Video Competition. Video submitted by students from Palos Verdes High School in CA.
ACDC Leadership
Perfect Competition in the Short Run- Microeconomics Topic 3.7 (1 of 2)
In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph calculate total revenue, total cost, and profit. Thanks for watching.
Curated Video
Evaluating Market Outcomes in Monopolistic Competition
This video discusses the efficiency outcomes and market structure of monopolistic competition. The speaker evaluates the market outcomes and efficiency of the structure by looking at productive and allocative efficiency. The short and...
Curated Video
Market Structures: Understanding the Range from Perfectly Competitive Markets to Monopolies
The video discusses the topic of market structure and how markets can range in structure from being competitive to non-competitive like monopolies. The video explains the different types of market structures, such as perfect competition,...
Curated Video
Diagrammatic Analysis of Perfect Competition in the Short Run and Long Run
The video discusses the market structure of perfect competition and how to diagrammatically analyze it. The concept of firms being price takers and selling homogeneous products with perfect information is explained. The video provides...
Curated Video
Diagrammatic Analysis of Monopolistic Markets
This video explains the concept of monopolistic competition and its representation via the use of cost revenue curves on a diagram. The presentation also analyzes how the outcomes of this market structure differ in both the short run and...
ACDC Leadership
Micro Unit 4 Intro- Imperfect Competition AP Economics
A quick overview of what you will cover in Unit 4 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.
ACDC Leadership
Perfect Competition- Microeconomics 3.7
Hey econ students. In this video I go over the characteristics of perfect competition and explain how to draw and shift the graph. Make sure that you can calculate total revenue, total cost, and profit and show what happens on...
ACDC Leadership
Maximizing Profit Practice
In this video I explain how to identify the profit maximizing quantity and calculate total revenue and profit. MR=MC is the most important concept in microeconomics.
ACDC Leadership
Monopoly Dead Weight Loss Review- AP Microeconomics
My 60 second explanation of how to identify the consumer and producer surplus on the monopoly graph. Notice that monopolies charge a higher price and produce a lower output than perfectly competitive markets. Since monopolies are...