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
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
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
Market Equilibrium and Disequilibrium: Understanding Supply and Demand
The video is a lecture on market equilibrium in economics. The speaker explains how to construct demand supply diagrams and defines market equilibrium as the state where demand equals supply, leading to a stable system. The speaker also...
Curated Video
Diagrammatic Analysis of Perfect Competition in the Short Run and Long Run
The video discusses the market structure of perfect competition and how to diagrammatically analyze it. The concept of firms being price takers and selling homogeneous products with perfect information is explained. The video provides...
Curated Video
Agricultural and Commodity Markets: Applying Supply and Demand Analysis
The video is a lecture discussing agricultural and commodity markets with a focus on applying the principles of supply and demand to these industries. The speaker defines key terms and explains the analytical process of establishing...
Curated Video
Understanding Shifts in Demand and Supply Diagrams
The video is a lecture on shifts in demand and supply diagrams in economics. The presenter explains the key terms and concepts related to demand and supply and how they are combined for demand supply analysis. Different types of shifts,...
Curated Video
Supply and Demand Analysis in Sport, Leisure, and Healthcare Markets
The video is a lecture on the economics of the sport and leisure markets, as well as the healthcare market. The lecturer explains the concept of supply and demand and how it applies to these markets. The lecture covers topics such as...
Curated Video
Demand Shift Evaluation in the Farmland Market Due to Brexit Fears
This video begins by discussing the current situation for farmland prices in the UK and how Brexit fears are affecting the market. The presenter explains how a weakening of demand has led to a price fall, which he evaluates by discussing...
Curated Video
Consumer and Producer Surplus in Economics
The video provides an overview of consumer and producer surplus and how they are represented on demand-supply diagrams. It explains how the demand curve is derived and how individual consumers' reservation prices determine consumer...
Curated Video
How the Price Mechanism Works in Markets
This video explains the function of the price mechanism in ensuring equilibrium in markets. The video describes the three main functions of prices; incentive function, rationing function, and signaling function.
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...
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
Analysing Taxes and SubsidiesAnalyzing Taxes and Subsidies: A Guide to Understanding Their Effect on Markets
The video is a lecture on how taxes and subsidies affect a market. The speaker explains the key terms and concepts, such as the shifts in the supply and demand curves caused by taxes and subsidies, the incidence of taxes, the revenue...
Curated Video
Understanding the UK Housing Market: Applying Supply and Demand Analysis
The video discusses the UK housing market, and how the concepts of supply and demand apply to it. The speaker explains how demand for housing is affected by interest rates, availability of mortgages, and the fact that housing is both a...
Curated Video
Understanding Financial Markets through Supply and Demand
This is a video that explains how to apply supply and demand to financial markets. The video provides examples of applying supply and demand to various financial products such as loans, bonds, and equities. The presenter also discusses...
Curated Video
Sustainability of Growth: Understanding the Role of Long Run Aggregate Supply Curve
The video discusses the sustainability of economic growth, focusing on the concept that permanent changes in real outputs can only be achieved by shifts in the long run aggregate supply curve. The presenter uses diagrams and examples of...
ACDC Leadership
Macro 2010 FRQ #1- AD/AS and Loanable Funds
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics course.
Curated Video
Understanding Strategic Interactions between Economic Agents
The video explains the economic applications of game theory and how it can help us understand the interactions between economic agents such as countries, firms, and producers. The concepts of game theory, players, rules, outcomes, and...
Curated Video
Understanding Subsidies: Analyzing and Evaluating Government Intervention in Markets
The video discusses the topic of subsidies and how they can be used as a government intervention in markets. The speaker explains how subsidies can help to rectify market failures, particularly in cases where a product is under-provided...
Khan Academy
Khan Academy: Changes in Equilibrium Price, Quantity When Supply & Demand Change
In this video lesson from Khan Academy, students will explore what happens when both supply and demand are simultaneously changing. This resource is designed as a review for the AP Macroeconomics Test or a college-level macroeconomics...