Jacob Clifford
Intro- Imperfect Competition
Before you delve into a series of videos on microeconomics and imperfect competition, watch this video to get a general overview of the unit's key points, such as how demand in a monopoly is identified on a graph, oligopolies, and...
Jacob Clifford
Price Discriminating Monopoly (First Degree)
In a perfectly price discriminating monopoly, why does demand equal marginal revenue?
Jacob Clifford
Dead Weight Loss - Key Graphs of Microeconomics
What is dead weight loss in microeconomics, and how does it relate to efficiency in a monopoly and society as a whole? An economics instructor explains these concepts in detail in a brief five-minute video.
Jacob Clifford
Ultimate Monopoly Review
From price and quantity to socially optimal prices and maximizing total revenue, see the needs for a monopoly charted on a graph.