Crash Course
Economic Systems and Macroeconomics: Crash Course Economics
In which Jacob Clifford and Adriene Hill teach you about Economic Systems and Macroeconomics. So, economics is basically about choices. We'll look at some of the broadest economic choices when we talk about the difference between planned...
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...
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
Understanding and Calculating the Multiplier Effect Using the Marginal Propensity to Consume
This is a tutorial video on the multiplier effect. The video aims to help viewers define, understand, and calculate the multiplier effect using the marginal propensity to consume (MPC). The speaker explains how the MPC determines the...
Curated Video
Understanding Investments
This video is a lecture on the topic of investments. In the lecture, the presenter provides definitions for various terms related to investments such as fixed capital, working capital, and depreciation. He also covers the factors that...
Curated Video
Circular Flow of Income: Understanding Macroeconomic Equilibrium
The video is a lecture on the topic of macroeconomic equilibrium and its relation to the circular flow of income. The lecture breaks down the concept of macroeconomic equilibrium and its importance in understanding the economy as a...
Curated Video
Circular Flow of Income for an Open Economy: Injections and Leakages
This video lecture explores the circular flow of income for an open economy, taking into account external injections and leakages. The lecturer provides a recap of the basics of economic activity and circular flow for a closed economy,...
ACDC Leadership
GDP and the Circular Flow- Macro Topic 2.1
In this episode I explain the Gross Domestic Product (GDP), the three ways it is calculated, and connect it to the financial sector. I also explain how George Washington's death is similar to the Great Depression. Weird huh? Thanks for...
Curated Video
Measuring Economic Activity: Understanding GDP and its Components
The video is a lecture on measuring economic activity, with a focus on the income output and expenditure approaches used to calculate gross domestic product (GDP). The speaker explains the importance of understanding value added and...
Curated Video
Introduction to Measuring Economic Activity: GDP and the Three Approaches
This video introduces the concepts of measuring economic activity, with a focus on gross domestic product (GDP) and the three measures of GDP: output, income, and expenditure. The presenter explains why measuring economic activity is...
Curated Video
Basics of Economic Activity and Circular Flow of Income Model
This video provides an introduction to the basics of economic activity, including key terms and definitions such as GDP, economic growth, and factors of production. It explains the relationships between these terms and how an economy can...
ACDC Leadership
Circular Flow Matrix- How the economy works
In this video I explain the Circular Flow Matrix and how products, resources, and money flow in a market economy. I also define the factors of production, public sector, and factor payments. Keep in mind that households and businesses...
ACDC Leadership
The BIG Picture- AP Economics Overview
This videos uses the Circular Flow Model to explain the big picture ideas of AP microeconomics and macroeconomics.
Sophia Learning
Sophia: The Circular Flow Model
Enhance the learning process by using this video tutorial to better understand circular flow models and the relationship between households, markets, and firms in a competitive market. [12:37]
Khan Academy
Khan Academy: Gdp and the Circular Flow of Income and Expenditures
What happens when a good is not finished in a given period? See how to calculate the contribution to GDP over two periods.
Khan Academy
Khan Academy: Circular Flow of Income and Expenditures
Understanding the flow of resources in the simplest possible economy. [8:58]
Khan Academy
Khan Academy: Value Added Approach to Calculating Gdp
In this video lesson from Khan Academy, students will learn how a nation's GDP can be calculated by summing up the value added by all the intermediate producers in a nation in a method called the value added approach. This resource is...