Khan Academy: Game Theory Worked Example From Ap Microeconomics

How are economic behavior and games of strategy connected? A video summary of Theory of Games by Von Neumann and Morgenstern discusses the concept of game theory. The installment of a larger playlist covering the world's greatest ideas...

In this video [9:48] we work through an example of a question like you might see on an AP microeconomics or AP Macroeconomics exam determining who has comparative advantage in producing a good using data from a table. Topics include how...

Practice what you have learned about finding Nash equilibrium, dominant strategies, and cartel outcomes in this exercise.

Work through a free response question about profit maximization in this video. [4:40]

Walk through the logic of determining what kind of good has the most elastic demand in this video. This resource is designed as a review for the AP Microeconomics Test or a college-level microeconomics course.

In this video, learn how to apply the analysis of factor markets to a sample problem. [10:23]

We deepen our understanding of a Nash Equilibrium by exploring Pareto optimality and more on Nash Equilibrium in this video. [9:20]

This video lesson from Khan Academy discusses technology and communication from the US President. This lesson is intended for students taking high school or college level American Government and Civics courses, including the AP...

Who is Salman Khan? That is the first question learners will answer after reading a New York Times article about the online math and science educator. They'll read the article and respond to eight questions that ask, who, what, when,...

Practice what you've learned about oligopolies and the basics of game theory, such as Nash equilibrium, in this four-question exercise.