ACDC Leadership
Macro 3.12- Economic Growth
Mr. Clifford explains how to show economic growth on the aggregate demand and supply model. LRAS shifts when there is a change in the quantity of resources, technology, or productivity.
Curated Video
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
Introduction to Cash Flow
The video provides an introduction to the concept of cash flow and its significance for businesses. The presenter explains how cash flow is different from profit and revenue, and how it relates to the inflows and outflows of cash into...
ACDC Leadership
Graphing Practice- AD/AS and the Phillips Curve
In this video I explain how to show recession and inflation on four different models: AD and AS, Phillips Curve, PPC, and Business Cycle. Enjoy!
ACDC Leadership
Bank Balance Sheets Practice- Macro 4:13
In this video I explain what a bank balance sheet is and help you practice calculating the reserve ratio, the required reserves, the excess reserves, and the total change in the money supply. Remember that the total change in the money...
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...
The Wall Street Journal
Heiða Helgadóttir and Sylvia Wulf on Sustainable Fishing
The world's population is growing and the demand for protein is rising. Heiða Helgadóttir, CEO of Icelandic startup Niceland Seafood, and AquaBounty Technologies CEO Sylvia Wulf discuss sustainable fishing with WSJ's Joanna Chung.
ACDC Leadership
Economic Growth and LRAS- Macro Topic 5.6
In this video I show how LRAS can shift causing economic growth. Keep in mind that a changing in consumption or government spending doesn't lead to more output in the long run if there is not an increase in capital. To permanently...
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...
Curated Video
Apache Spark 3 for Data Engineering and Analytics with Python - RDD Actions
In this video session, we will explore a couple of Spark actions. This clip is from the chapter "RDD Crash Course" of the series "Apache Spark 3 for Data Engineering and Analytics with Python".This section primarily focuses on RDD...
Institute for New Economic Thinking
Innovation Needs Inventors
By not addressing inclusivity, we are losing entire generations of new minds. MIT Economist John Van Reenan describes this in his research as the "lost Einstein" effect, and argues that to get innovation back on track we need to do a...
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
Micro Unit 2 Summary (Old Version)- Supply, Demand, and Consumer Choice
Welcome to ACDC Econ. The is the Micro Unit 2 Summary. In this video I explain demand and supply (1:07), double shifts (9:30), price controls (10:19), elasticity (11:37), welfare economics(17:07), tariffs, and how to maximize utility...
Curated Video
Understanding Market Equilibrium
This video provides a recap on how markets operate and work. It explains the concept of demand and supply, and how the interaction of these two elements determines the equilibrium price and quantity of a product or service. The video...
Curated Video
Industry & Supply: The Race to Get Civil War Soldiers Frontline Resources
Supplying almost three million soldiers with the food, clothes and resources they needed to fight the Civil War was no easy task. So which side proved most successful?
ACDC Leadership
Macro Unit 5, Question 6: Exchange Rate and Inflation
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics 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.
ACDC Leadership
Micro Unit 1 Summary- Basic Economic Concepts
The Micro Unit 1 Summary video is designed to help you understand economics. In this video I cover the basics: scarcity, opportunity cost, the economic systems, the production possibilities curve, and comparative advatage. I also show...
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...
Soliloquy
Why Hawaii Flies Its Cows
When Hawaiian Ranchers want to export cattle to the continental United States, sometimes they load their cows onto jet airlines and fly them across the ocean. By weight air travel is far more expensive than shipping on an ocean going...
ACDC Leadership
Short-Run Cost Curves (Part 2)- Micro Topic 3.2
In this video I explain how to draw and analyze the cost curves. Most teacher sad professors focus on the per unit cost curves. That included marginal cost, average total cost, average variable costs, and the average fixed cost. Each...
Curated Video
Understanding Short Run Aggregate Supply (SRA) Curve: Shape and Shifts
In this video, the speaker explains the concept of short run aggregate supply curve (SRS curve), which represents the aggregate supply of all goods and services produced within an economy over the short run.
The Wall Street Journal
Fixing the Supply Chain
Sourcing and delivering food depends on supply chains that are sustainable. Agriculture has the most to gain, or lose. Will Big Ag lead the way?
ACDC Leadership
Micro Unit 3, Question 11- Perfect Competition
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.