Curated Video
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...
Visual Learning Systems
Soil and Rocks: Video Review
Many of the things we eat and enjoy are grown in soil. This engaging program explores the soil and rocks importance of soil while taking a look at how soil is formed. Different types of soil and their characteristics are explored.
Curated Video
Understanding AD Curve Shifts and Their Impacts on Macroeconomic Objectives and Policies
The video discusses the importance of evaluation in the field of economics, specifically in analyzing AD (aggregate demand) curve shifts. The video covers topics such as the multiplier effect, accelerator effect, and automatic...
Curated Video
Understanding the Circular Flow of Income in Economics
The video discusses the circular flow of income and how it provides a basic framework for understanding how economic systems work. The interaction between producers and consumers is explained. The importance of achieving economic growth...
Curated Video
Types of Efficiency in Economics and their Importance in Market Structures
This is a video lecture on the topic of efficiency in economics. The lecturer explains how firms and markets allocate their scarce resources to their activities and the types of efficiency that exist within the market: productive...
Curated Video
Describe a neural network : Neural Network for Multiclass Classifications
From the section: Introduction to Artificial Neural Networks (ANN). This section introduces Artificial Neural Networks. You will learn about Neural Network for Binary Classifications, Neural Network with PCA for Binary Classifications,...
Curated Video
The Four Macroeconomic Objectives and the Challenges of Achieving Them Simultaneously
In this video, the speaker discusses the four main macroeconomic objectives set by governments to achieve macroeconomic stability and create a strong economy. These are sustainable economic growth, low and stable inflation, low...
Oxford Comma
Can Art Save Nature: Future of Forestry
C.S. Lewis, widely known for his children's series The Chronicles of Narnia, composed a number of fantastic poems - "The Future of Forestry" being my personal favorite. In it, Lewis imagines an England devoid of trees. This desolation is...
Curated Video
Understanding Economies of Scale
The video explains the concept of economies of scale in microeconomics. It describes how businesses can increase their production scale and reduce their unit costs over time by becoming more experienced in producing goods and services,...
ACDC Leadership
Macro Unit 2 Summary (New Version)- Measuring the Economy
Hey, this is Jacob Clifford and welcome to the Macro Unit 2 Summary (new version). This unit is about measuring the economy and covers topics like GDP (2:17), unemployment (8:16), inflation/CPI (12:47), the business cycle (19:55).
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
Understanding the Pros and Cons of Globalization
This video provides an overview of globalization, discussing how it has led to the integration and alignment of the world's economies, generating mutual beneficial outcomes in terms of trading benefits. The video also highlights the main...
Curated Video
Understanding the Phillips Curve and its Role in Economic Management
The video explains the concept of the Phillips Curve and its relationship to managing economies from a demand side perspective. The video explains the history of the Phillips Curve, which was established in 1958 by AW Phillips, and how...
Curated Video
Understanding Absolute and Comparative Advantage in Trade Theories
In this video, the speaker explains how trade theories such as absolute advantage and comparative advantage can help understand why countries engage in certain trading patterns and specialize in specific goods and services. The speaker...
Curated Video
Understanding Quantitative Easing
The video discusses quantitative easing, an unconventional form of monetary policy that was implemented by major developed economies like the US and UK following the financial crisis of 2007-2008. It explains how central banks were...
Curated Video
Understanding Inequality, Poverty, and their Implications
This is an economics lesson on the topics of inequality and poverty. The instructor discusses the political sensitivity of these terms and how they are used interchangeably, but emphasizes the importance of carefully weighing the impact...
Curated Video
Understanding Price Controls: Minimum and Maximum Prices
This video discusses price controls and explains the two main types of price restrictions, minimum prices and maximum prices, and illustrates their impact on the market using diagrams. Examples of price controls in different sectors,...
Curated Video
Understanding Economic Integration: Customs Unions and Free Trade Areas
The video provides an overview of economic integration, explaining how different countries interact with each other to increase trade. The presenter describes various types of economic integration, ranging from complete economic...
Oxford Online English
How to Describe a Picture in English - Spoken English Lesson
In this lesson, you can learn how to describe a picture in English. Describing a picture is useful in many English exams; you need to describe images in English for exams like FCE, TOEIC or PTE. It’s also a good way to practise your...
Curated Video
Understanding Public Goods and Their Characteristics
This video explains the concept of public goods and why they are typically provided by the government rather than through the market. The video describes two unique characteristics of public goods - non-excludability and non-rivalry.
Oxford Comma
Love and Memory: What Lips My Lips Have Kissed
A summary, reading, and analysis of Edna St. Vincent Millay's "What lips my lips have kissed, and where, and why." The title alone could have its own video, so please don't take this as an exhaustive study. But, if you're confused by the...
Curated Video
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...
Curated Video
Understanding the Balance of Payments
The video provides an explanation of what the balance of payments is and its importance in measuring a country's trading performance on the world stage. The video breaks down the balance of payments into two main sub-accounts: the...
Oxford Comma
A Look at Inspiration in She Walks in Beauty
Often regarded as one of the most beautiful and famous poems of all time, "She Walks in Beauty" has featured in films like The Dead Poet's Society and shows like White Collar. Inevitably, the character reciting the poem does one thing:...