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Classroom Activity- The Four Market Structures Candy Simulation
The best way to learn something is to do it! Here is another experiencial learning activity for economics that you can do with your students. It will help your students understand and explain the difference between the four market...
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2006 FRQ #2- Profit Maximizing with 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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Consumer and Producer Surplus and Dead Weight Loss
My 60 second explanation of consumer's surplus (CS) and producer's surplus (PS) and how to identify where it is on the graph. The bonus round shows how a price ceiling changes CS and PS and results in dead weight loss.
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Half Naked Mr. Clifford (Just the Top Half)- Economics of Weight Loss Update #1
Exactly 5 months ago I posted a video about the Economics of Weight Loss (link below). In that video I set a goal to lose 30 pounds and said that I would show before and after pictures of me without my shirt. Well, it's been 5 months so...
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*1st Place* 2009 AP Econ Music Video- Microeconomics
This is a music video created by a few of my students from the class of 2009. I think it is one of the best AP Economics music videos ever. Now they are off in college. BTW: "Econa Bin Laden" was their class's team name.
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My Presidential Endorsement- April 2016
I'm sure that some of you are disappointed that I endorsed principles rather than a candidate, but I just want to remind voters that check their irrational expectations. No matter who wins, they are not going to fix, or destroy, your...
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Elastic and Inelastic Demand for Monopolies- Micro Topic 4.1 (Part 2 of 2)
My 60ish second explanation of how to identify the elastic and inelastic range of the demand curve for a monopoly. When MR is positive the demand is elastic and when it is negative the demand is inelastic. If you don't remember the total...
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The Money Market (1 of 2)- Macro Topic 4.5
In this video I explain the money market graph with the the demand and supply of money. The graph is used to show the idea of monetary policy and how changing the money supply effects interest rates. Thanks for watching.
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Economic Systems: Why is Communist China doing so well? Micro Topic 1.2
My thoughts and reflections after visiting Xiamen, China in March 2014. Please note that this is not designed to be a comprehensive overview of the Chinese economic system. Many important facts were omitted.
Most of the...
Most of the...
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Why YOU should learn economics!
Why should you learn economics? Put simply, it's becasue it will make you a better decision maker and help you see the "unseen". Economics is the study how we deal with scarcity so we can use our resources as efficiently as possible. So...
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Free Response Practice Cost Curves- Microeconomics Unit 3
Here is a practice FRQ from the 2005 AP Micro exam. Try it on your own and then go over the answers. Good luck.
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Hot Ones Ask Me Anything
I made this interview video based on the YouTube series Hot Ones. Making it was super fun...and painful.
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Balance of Payments (BOP) Accounts- Macro 6.1
In this video I explain the Balance of Payments with the current and capital (financial) account. Keep in mind that when a country has a deficit in one account they must have a surplus in the other account. Thanks for watching.
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The Economics of Disneyland with Jacob Clifford
Do you think Disneyland is worth it? In this video I talk about some of the economic connects associated with the happiest place on earth. I'm really interested in making more videos like this. They are a lot more fun to make than econ...
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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...
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Comparative Advantage Practice: Output and Input Questions-AP Economics
In this video I show you how to calculate per unit opportunity cost and comparative advantage. There are two different types of questions: output and Input.
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4 Ways to Spend Money- Milton Friedman
In this episode of Friedman Files, I discuss Milton Friedman's assertion that “nobody spends somebody else’s money as carefully as he spends his own.” To be clear, this is not a valid experiment and I'm not claiming that it is. This is...
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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.
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The Ultimate Review Packet- Economics
I'm now offering a new resource that is going to replace my apps and study guides called the Ultimate Review Packet. It's designed for AP and college level macroeconomics and microeconomics and has everything you need to rock the course...
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Thank Your Teachers #GiveThanks
My name is Jacob Clifford and I’m a teacher. Many people have asked me what’s the hardest part about my job and they’re surprised by the answer. It’s not something that most people would consider…unless of course you’re a teacher. The...
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PERFECT COMPETITION ECON AP THRIFT SHOP PARODY
Third place video from the 2013 AP Econ Music Video Competition. Video submitted by students from Palos Verdes High School in CA.
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Micro 2.5 Government Price Controls (Old Version): Econ Concepts in 60 Seconds
Mr. Clifford's 60 second explanation of price floors and price ceilings. Remember that a floor only has an effect if it is above equilibrium and that a ceiling needs to be below equilibrium.
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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...
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Macro Unit 4, Question 15- Crowding Out
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics course.