In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC.

Hey internet! This is Jacob Clifford. In this episode I explain explicit and implicit benefits and costs. I also define utility and explain the idea of cost-benefit analysis.



The answers to the practice questions are in the...

Karl Marx and Frederick Engels were philosophers, political theorists, and economists responsible for writing the communist manifesto, which is today probably the most widely recognized text outlining a system for a communal...

In this video lecture, the three most important financial terms in relation to a business are explained, revenue, cost, and profits. The importance of financial management for a business is emphasized as it keeps the company alive and...

This video discusses the difference between communicable and non-communicable diseases, and the various risk factors that contribute to non-communicable diseases. It also explores the different effects of lifestyle factors on the...

The video discusses the implications of the different stages of the business cycle for businesses and their various departments. It explains the different stages of the business cycle, such as recovery, boom, slump, and recession, and...

The world's population is projected to increase by 2-3 billion over the next 40 years. Already, more than three quarters of a billion people lack access to clean drinking water and 85 percent live in the driest areas of the planet. Those...

Marketing - Why Pricing Discrimination is Harmful?

In this lesson, you can learn useful language to negotiate in business situations. Do you have any tips for business negotiations?

You’ll learn how to make your position clear, how to accept or reject the other...

This video explains the difference between financial accounting, management accounting, and finance. It also provides a framework for drilling into financial numbers and understanding variances in sales, costs, and overhead spending. The...

Marshmallow Towers is a fun activity to teach the costs of production, total revenue, and profit maximization. Student make towers out of marshmallows and toothpicks.

Social exchange theory explains how and why people decide to initiate and maintain relationships using an economic metaphor of relational costs, rewards, profits, and losses.

In this video, the teacher explains how to solve word problems by using equations with one variable. They provide examples of solving equations step-by-step and apply the concept to real-life scenarios, such as comparing cell phone plans...

From the section: Exploring Malware Functionalities. In this section, you learn how the behavior of malware is different in various classes of malware, and such an insight helps you to understand the class of malware while you are...

EconMovies explain economic concepts through movies. In this episode, I use Monty Python's classic to introduce the concept of marginal analysis. Good luck studying economics.

In the next year and a half, we here at Healthcare triage are going to take some deep dives into issues of health policy, especially those that touch on social determinants of health and health equity. The episodes that do so will be a...

This video lesson teaches students how to use positive and negative numbers by relating them to situations involving money. It covers examples of positive money, such as receiving payment for work or receiving a gift, as well as negative...

Marketing - Drawbacks of B2B Relationships

This Video Explains Why Relationships Matter in Marketing

Short animation explaining UN Sustainable Development Goal 2: Zero Hunger for teenage students

In this video, the speaker discusses the importance of pricing strategy in product design. They explain the need to balance the desire for higher sales with the need to cover costs and make a profit. The video highlights the various...

In this lesson, mathematicians will learn how to solve systems of two linear equations using the elimination method. By manipulating the equations and eliminating variables, students can find the values of each variable and determine the...

In this video, the teacher explains how to determine if a line on a graph represents a function by mapping inputs to outputs. The concept of a function is introduced, and the vertical line test is used to determine if a graph represents...

In this video lesson, students learn about the process of solving equations with variables. Explore how to apply it to a real-life scenario of calculating the cost of an entrance ticket for a field trip. This lesson provides a practical...