ACDC Leadership
Macro 3.4- The Phillips Curve (Short and Long Run)AP Economics
Mr. Clifford's explanation of the short run and long run Phillips curves. In the short run, there is a negative relationship between inflation and unemployment. In the long run, there is no trade-off between inflation and unemployment....
ACDC Leadership
Macro 3.1 AD, AS, and LRAS (Additional Version)
This is an old video where I explain aggregate demand, aggregate supply, and long run aggregate supply. Keep in mind that the "long run" is not a specific amount of time. The long run refers to enough time for resource prices (like...
Curated Video
Aggregate Demand and Aggregate Supply Analysis: Exploring the Keynesian AS Curve
This is a lecture on aggregate demand and aggregate supply analysis, focusing on the Keynesian AS curve. The speaker provides examples of different impacts on the economy depending on which part of the AS curve is relevant at any given...
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.
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...
Curated Video
Long Run Aggregate Supply Curve and Factors Affecting it
In this video, the speaker discusses the long run aggregate supply curve and its differences from the short run curve. He also explains the concept of full employment and how it is related to the capacity of the economy, and how changes...
ACDC Leadership
Macro Unit 3- Practice Questions #1
Some practice question videos are reserved for students that support ACDC Econ and purchase Ultimate Review Packet. The complete version of this video (and a bunch other hidden videos) comes with the packet. By the way, YouTube ad...
ACDC Leadership
Macro 3.3- Long- Run Aggregate Supply
Mr. Clifford explains the Long Run Aggregate Supply Curve (LRAS) and the relationship between price level and output in the long run.
ACDC Leadership
Aggregate Demand and Supply Practice- Macro Topic 3.5 and 3.6
Be sure to pause the video and try the practice questions on your own. In this video I explain what you should watch out for when answering exam questions and give you several practice questions too make sure you know what happens to...
ACDC Leadership
Macro Unit 3, Question 13: The Phillips Curve
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics course.
ACDC Leadership
Long-Run Aggregate Supply, Recession, and Inflation- Macro Topic 3.4 and 3.5
In this video I explain the most important graph in your macroeconomics class. The aggregate demand and supply model. Make sure that you understand the idea of the long run aggregate supply and how to draw a recessionary gap and...
Curated Video
Understanding Aggregate Supply: Short Run Perspective
This video introduces the concept of aggregate supply and distinguishes the factors that affect long run aggregate supply from those that affect short run aggregate supply. The presenter explains key terms and definitions related to...
Economics Explained
Here's Why Supply And Demand Is Overrated!: Sticky Prices
If you were to ask any random person on the street what it is that they knew about economics there is a pretty good chance that the first thing that they would blurt out would be the words “Supply & Demand” The number of people out there...
Curated Video
Understanding Real Wage and Natural Unemployment
This video provides an explanation of the concepts of real wage and natural unemployment, with a focus on distinguishing between the two. The presenter uses graphs and definitions to illustrate the differences between these types of...
Economics Explained
Here's Why Supply And Demand Is Overrated!: The Market For Work
If you were to ask any random person on the street what it is that they knew about economics there is a pretty good chance that the first thing that they would blurt out would be the words “Supply & Demand” The number of people out there...
ACDC Leadership
Short-Run Aggregate Supply- Macro Topic 3.3 (Old Version)
In this short video I explain aggregate supply and the shifter of AS like resource prices, technology, and productivity. Make sure to answer the questions.
Economics Explained
Here's Why Supply And Demand Is Overrated!: Some Solutions & Final Thoughts
If you were to ask any random person on the street what it is that they knew about economics there is a pretty good chance that the first thing that they would blurt out would be the words “Supply & Demand” The number of people out there...
Economics Explained
Here's Why Supply and Demand is Overrated! | Economics Explained
If you were to ask any random person on the street what it is that they knew about economics there is a pretty good chance that the first thing that they would blurt out would be the words “Supply & Demand” The number of people out there...
ACDC Leadership
MACROeconomics 15 Minute Review
In this video I explain Macroeconomics in 15 minutes. Click on the box to watch videos covering each concept and graph or click on the playlists below. Make sure to subscribe and comment.
ACDC Leadership
Macro Unit 3 Summary- Aggregate Demand/Supply and Fiscal Policy
A quick overview of what you will cover in the third unit of Macroeconomics. Virtually all teachers will cover the same topics, but keep in mind that some teachers might teach a few concepts in a different order.
Curated Video
Aggregate Supply: Keynesian View and Classical Analysis
This video introduces the Keynesian view of aggregate supply and compares it to the classical approach. The presenter explains how the Keynesian curve was developed during the Great Depression when market forces failed to correct the...
ACDC Leadership
Aggregate Demand and Supply Practice
Happy Halloween! Thank you for watching this video and subscribing. Seriously, you rock! Be sure to pause the video and try the practice questions on your own. In this video I explain what you should watch out for when answering exam...
ACDC Leadership
Short-Run Aggregate Supply- Macro Topic 3.3
In this short video I explain aggregate supply and the shifter of AS like resource prices, technology, and productivity. Make sure to answer the questions. Thanks for watching.
Curated Video
Introduction to Supply Side Policy
The video is an introduction to the concept of supply side policy in economics. The speaker explains the difference between supply side policy and fiscal policy and clarifies some common misconceptions about it. He discusses the...