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Micro Unit 2, Question 3- Shifting Supply
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.
ACDC Leadership
Micro Unit 2 Summary (Old Version)- Supply, Demand, and Consumer Choice
Welcome to ACDC Econ. The is the Micro Unit 2 Summary. In this video I explain demand and supply (1:07), double shifts (9:30), price controls (10:19), elasticity (11:37), welfare economics(17:07), tariffs, and how to maximize utility...
ACDC Leadership
What's the best way to teach economics?
I made this videos to give you tips and strategies for teaching economics virtually. I really like nearpod, especially since it gives you the ability to look at students' graphs. I'm not sponsored by nearpod..I just think its a good...
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AP Economics Summer Institutes with Jacob Clifford
Last summer I put a video camera in the hallway and asked the participants if they wanted to share anything about their experience. The responses were kind and humbling. I'm very glad that they got so much out of it. If you teach AP...
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Aggregate Demand- Macro Topic 3.1 (Old Version)
In this video. I explain the most important graph in most introductory macroeconomics courses- the aggregate demand model. In this video I cover aggregate demand (AD), aggregate supply (AS), and the long run aggregate supply (LRAS). Make...
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Macro Unit 3, Question 20- Shifting LRAS and Economic Growth
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics course.
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Micro Unit 1 Summary- Basic Economic Concepts
The Micro Unit 1 Summary video is designed to help you understand economics. In this video I cover the basics: scarcity, opportunity cost, the economic systems, the production possibilities curve, and comparative advatage. I also show...
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Macro Unit 5, Question 6: Exchange Rate and Inflation
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics course.
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Mr. Clifford interviews Chairman Bernanke about why you should study economics?
Why should you study economics? Ben Bernanke and I sit down to talk about economic education, drawing graphs, the fact that he barely passed his first economics class, and what he thinks about students that decide not to take economics....
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The Economics of Inequality Part 2- Tax the Rich!
Are the richest 1% greedy? Should we tax the rich and force them to pay their fair share? What's the first step toward fighting income inequality? These are the questions that I attempt to answer in the video. NOTE- I got some complaints...
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Short-Run Cost Curves (Part 2)- Micro Topic 3.2
In this video I explain how to draw and analyze the cost curves. Most teacher sad professors focus on the per unit cost curves. That included marginal cost, average total cost, average variable costs, and the average fixed cost. Each...
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Perfect Competition Long-Run (2 of 2)- Old Version
My 60 second explanation of perfect competition in the long run. It's an old video, but it's still good.
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Micro 3.7 MR = MC Practice: Econ Concepts in 60 Seconds for Advanced Placement Microeconomics
Mr. Clifford's 60 second explanation of how to use the profit maximizing rule (MR = MC). Assume the firm is perfectly competitive and that the price is $20. Try pausing the video and identifying how much the firm should make and the...
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Micro Unit 3, Question 11- Perfect Competition
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.
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The Phillips Curve (Macro Review) - Macro Topic 5.2
In this video I explain the Phillips Curve and the relationship between inflation and unemploymnet. Remeber that there are two curves the long run curve and the short run curve. Thanks for watching.
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Macro Unit 3, Question 4: Price Level and Output
*Clarification* When I wrote of the board, I didn't clarify which country's imports decreased. IMPORTS fell for the major trading partner, so EXPORTS fell for the country we are analyzing. Aggregate demand falls.
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Minimum Wage Misconceptions with Jacob Clifford
My names is Jacob Clifford and I'm an economics teacher and all around swell guy. With the ongoing debate over increasing the minimum wage I decided to make a video to clarify common misunderstandings. You should share this video with...
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The Labor Market: EconMovies #13
Teachers! I created NEW worksheets for all my EconMovies episodes and for all the Crash Course Economics episodes.
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Micro Unit 4, Question 9- Lump Sum vs. Per Unit
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.
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Big news for Econ Ed!
It’s official, October is Economic Education Month! If you are a student, consider creating an economics club at your school or lead an economics lesson/activity at your local elementary school or after school program (see activity ideas...
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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.
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Gettings Students to Buy-In - ACDC For Teachers #2
Welcome to the second episode of my weekly web series, ACDC For Teachers. In this videos I talk about why students hate school and give three specific strategies to get students to buy-in to your class. ACDC stands for my teaching...
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Micro 6.3 Negative Externalities: Econ Concepts in 60 Seconds-Externality
Mr. Clifford's 60 second explanation of negative externalities (aka: spillover costs). Notice that there are two different supply curves. One is the marginal private cost which ignores the spillover costs and the other is the marginal...