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Unemployment- Macro Topic 2.3
Hey econ students! I made this video to help you understand unemployment. Make sure you can calculate the unemployment rate and the labor force participation rate. Also, make sure you know the three types of unemployment and why full...
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Public Goods and Free Riders- Micro 6.1
"You didn't build that!" Mr. Clifford expalins the characteristics of public goods and the free rider problem
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Foreign Exchange Practice- Macro Topic 6.4 and 6.5
In this video I explain foreign exchange and how the value of currencies change. Remember that the trick is to remember that you supply your currency and the people in other countries demand your currency. Thanks for watching.
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Cost-Benefit Analysis- Micro Topic 1.5
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...
The answers to the practice questions are in the...
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
Skill-Building Boot Camp
Boot Camp is an interactive skill-building program where students practice the skills required to succeed in school. Students work together to complete a variety of hands-on experiential learning activities that focus on five skills:...
ACDC Leadership
Boot Camp: Spider Web Activity
The Spider Web is one of the most fun and memorable experiential learning activities students will do at Boot Camp. Students learn that "stronger" students have a responsibility to help their peers. They also learn the benefits of...
ACDC Leadership
Ultimate Review Packet- Free
I'm glad that I've been able to help you learn AP economics. Now I can help you learn AP calculus, AP world history, AP human geography, AP US Government/politics, and more.
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Production Possibilities Curve Review
In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching.
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The Demographic Transition Model (DTM)
In this video I explain economic development and the The Demographic Transition Model (DTM). Which shows how three things change over time: the birth rate, the death rate, and the total population. To give it some context, I focus on the...
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Production Possibilities Curve- Macro Topic 1.2 (Micro Topic 1.3)
In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class.
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Awesome Supply and Demand Activity- The Pearl Exchange
The Pearl Exchange is a hands-on experiential learning activity that shows how buyers and sellers determine equilibrium price in a market. It also shows how changes in a market will lead to shortages or surpluses and result in changes in...
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Price Ceilings and Floors- Micro Topic 2.8
In this video I explain what happens when the government controls market prices. Price ceilings are a legal maximum price and price floors are a minimum legal price. Make sure that you can draw each of them on a demand and supply graph...
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Macro 2017 FRQ #2- Money Market, Bond Prices, Open Market Operations
In this video I go over the Macro 2017 FRQ #2. It covers the money market graph, bond prices, and open market operations. Try the question on your own the watch the video to see how you did. Thanks for watching.
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7 Steps to ROCK your AP Econ Exam
Hey econ students. I made this video to help you get ready for you AP Econ Exams.
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Revenue, Costs, and Profit Activity-Marshmallow Towers
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.
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Personal Finance- EconMovies #16
In this episode of Econmovies, I talk about the different types of virtual economies, income taxes, cryptocurrencies, and the secret Easter egg hidden in the story. This movie is about a poverty stricken post-economic apocalypse...
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The BIG Picture- AP Economics Overview
This videos uses the Circular Flow Model to explain the big picture ideas of AP microeconomics and macroeconomics.
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Macro FRQ Practice- 2017 #1- Phillips Curve, AD/AS, Forex
Hey econ student! How are you? Well, I made this video to help you practice and sharpen your skills. I go over the first FRQ in the 2017 Macro AP exam.
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Capitalism- EconMovies #10 Hunger Games
EconMovies explain economic concepts through movies. In this episode, I use The Hunger Games to explain the idea of specialization and comparative advantage. I also discuss the advatages and disadvantages of capitalism including the...
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3 Functions of Money
A quick reminder of the fuctions of money: medium of exchange, store of value, and unit of account.
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Supply and demand in 8 minutes
I made this video to give you a quick overview of supply and demand. I cover the law of demand, law of supply, shifters of demand and supply, shortage, surplus, and changes in equilibrium. I go pretty quick so watch the entire video...