Bozeman Science
Environmental Economics
In this video Paul Andersen explains how economic models, like supply and demand, can be applied to environmental systems. The market forces will not protect environmental services until proper valuation and externalities are...
Curated Video
Price Controls: Creating Stability or Creating Problems?
The video is a lecture presentation that explains the concept of price controls. The presenter discusses the two types of price controls: maximum and minimum, and analyzes their impacts on supply, demand, and welfare. The video explains...
Curated Video
Indirect Taxation and Government Intervention: Analyzing through Economic Models
This is a video lecture that explores the topic of indirect taxation as a form of government intervention in markets. The speaker covers the economic rationale for government intervention to rectify market failure, the types of market...
Curated Video
Understanding Subsidies: Analyzing and Evaluating Government Intervention in Markets
The video discusses the topic of subsidies and how they can be used as a government intervention in markets. The speaker explains how subsidies can help to rectify market failures, particularly in cases where a product is under-provided...
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Understanding Subsidies and their Impact on Markets
In this video, the concept of subsidies is explained. The video provides various examples of industries that are heavily reliant upon subsidies, such as the UK rail industry and the common agricultural policy in Europe. The overall cost...
Curated Video
Understanding Financial Markets through Supply and Demand
This is a video that explains how to apply supply and demand to financial markets. The video provides examples of applying supply and demand to various financial products such as loans, bonds, and equities. The presenter also discusses...
Curated Video
Causes of Supply Curve Shifts
This is a lecture on the causes of shifts in the supply curve in microeconomics. The lecturer then identifies the four main causes of supply shifts, including changes in the cost of production, introduction of new technology, factors...
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Supply Curve Basics: Deriving the Shape and Understanding the Law of Supply
This video explains the basics of the supply curve and how to derive its shape. It also explores the law of supply and its relationship to the quantity supplied and the price of a product. The video also gives examples of firms and the...
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Agricultural and Commodity Markets: Applying Supply and Demand Analysis
The video is a lecture discussing agricultural and commodity markets with a focus on applying the principles of supply and demand to these industries. The speaker defines key terms and explains the analytical process of establishing...
ACDC Leadership
Demand and Supply- EconMovies #4: Indiana Jones (Reupload)
In this episode of EconMovies, I use Indiana Jones to explain the concepts of demand, supply, equilibrium, and shifting these curves. Good luck studying economics. Snakes? Why did it have to be snakes?!
ACDC Leadership
Demand and Supply Explained Part 2 - Macro Topic 1.5 (Micro Topic 2.2)
In this video I explain supply, the law of supply, the shifters of the supply curve, equilibrium, surplus, and shortage. Make sure to draw the graphs on your own.
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
Understanding Price Elasticity of Supply and Characteristics of Supply Curves
In this video, the presenter introduces the concept of price elasticity of supply and explains how it measures the responsiveness of supply to changes in price. Different types of elasticity of supply are discussed, such as elastic,...
ACDC Leadership
Micro 6.4 Positive Externalities- ACDC Econ
Mr. Clifford's 60 second explanation of positive externalities (aka: spillover benefits). Notice that there are two different demand curves. One is the marginal private benefit which ignores the spillover benefits of flu shots and the...
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Introduction to Monopoly
This video provides an introduction to the concept of monopoly in economics. It outlines the strict definition of monopoly and explains the spectrum of market structures, ranging from competitive to non-competitive. The video also...
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Understanding Labor Markets and Equilibrium Wage Rates
In this video, the presenter explains the fundamentals of labor markets and how economists study them. They discuss the downward sloping labor demand curve, and how higher wage rates cause firms to demand fewer workers. They also explain...
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Understanding Transfer Earnings and Economic Rent in Labor Markets
This video is a tutorial on the topics of economic rent and transfer earnings in labor markets. It starts with defining these two terms and explaining their differences, using examples and diagrams to illustrate the concepts. The video...
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How the Price Mechanism Works in Markets
This video explains the function of the price mechanism in ensuring equilibrium in markets. The video describes the three main functions of prices; incentive function, rationing function, and signaling function.
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The Three Functions of Prices in a Market Economy
The video discusses the role of prices in a market economy and how they serve three main functions: rationing goods, providing incentives to economic agents, and signaling the state of a market. It explains how the price mechanism works...
Curated Video
Individual and Market Supply Curves: Understanding the Differences and Deriving the Market Curve
This video is about individual supply curves and market supply curves in the context of economics. It explains how each firm within an industry decides on how much of a given product they want to produce and sell at different prices, and...
Curated Video
Diagrammatic Analysis: Effects of Price Discrimination on Consumers and Producers
The video provides a detailed explanation of the effects of price discrimination using diagrams. The speaker explains the concept of first degree price discrimination or perfect price discrimination. The video also explains the concept...
ACDC Leadership
Micro Unit 2 Summary- Supply and Demand NEW!!!
Hey econ students! This summary video covers microeconomics Unit 2: Supply and Demand. It covers demand, supply, elasticity, disequilibrium, equilibrium, shifts, taxes, and internations trade. Be sure to print and fill out the Unit 2...
ACDC Leadership
Micro Unit 2, Question 3- Shifting Supply
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.
ACDC Leadership
Macro Unit 3, Question 20- Shifting LRAS and Economic Growth
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics course.