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A Level H2 Economics
Compilations
Definitions List - All Topics
Central Economic Problem
Central Economic Problem - Scarcity, Choice & Opportunity Cost (11:24)
Central Economic Problem - Production Possibility Curve (9:43)
Central Economic Problem - PPC & The Central Economic Problem (5:59)
Demand & Supply, Elasticity & Government Intervention
Demand & Supply Crashcourse (11:59)
Demand - Overview (3:29)
Law of Demand (3:25)
Changes to Demand (3:06)
Non-Price Determinants of Demand (8:38)
Supply - Overview (2:38)
Law of Supply (1:27)
Changes to Supply (2:23)
Non-Price Determinants of Supply (9:19)
Price Mechanism - Overview (6:50)
Price Mechanism - Shortage (6:13)
Price Mechanism - Surplus (5:06)
Demand & Supply - Summary (4:38)
Intro to Elasticities (2:24)
Price Elasticity of Demand (7:00)
Price Elasticity of Demand - Factors (7:32)
Price Elasticity of Demand - Application (7:33)
[H2] Income Elasticity of Demand (8:36)
[H2] Cross Elasticity of Demand (5:11)
Price Elasticity of Supply (3:18)
Price Elasticity of Supply - Factors (5:28)
Elasticity - Summary (5:44)
Introduction to Government Intervention (2:19)
Price Controls - Price Floor (6:33)
Price Controls - Price Floor with Govt Purchase (4:13)
Price Controls - Pricing Ceiling (9:43)
Quantity Control - Quota (5:47)
Indirect Taxes w/ PED (10:29)
Indirect Subsidies w/ PED (9:06)
Model Essays - Fundamental Essay Practices
Mindmaps
Definitions List - Demand & Supply, Elasticity and Government Intervention
[H2] Theory of the Firm & Market Structure
Introduction - Firm & Economic Profit (4:31)
Theory of the Firm - Production Function I (6:06)
Theory of the Firm - Production Function II (7:18)
Theory of the Firm - Short Run Costs I (2:23)
Theory of the Firm - Short Run Costs II (4:40)
Theory of the Firm - Short Run Costs III (5:39)
Theory of the Firm - Short Run Costs IV (5:12)
Theory of the Firm - Long Run Costs I (7:23)
Theory of the Firm - Long Run Costs II (3:23)
Theory of the Firm - Internal Economies of Scale (11:37)
Theory of the Firm - Internal Diseconomies of Scale (3:08)
Theory of the Firm - External Economies & Diseconomies of Scale (6:39)
Theory of the Firm - Revenue Functions (7:39)
Theory of the Firm - Profit Maximization (6:28)
Theory of the Firm - Shutdown Condition (11:40)
Theory of the Firm - Alternative Theories to Profit Max (9:19)
Theory of the Firm - Existence of Small Firms (10:05)
Overview of Market Structures & Four Characteristics (6:17)
Market Structure - Firm Behavior: Price Competition (7:39)
Market Structure - Firm Behavior: Non-Price Competition (9:07)
Market Structure - Firm Behavior: Cost Cutting (5:32)
Market Structure - Firm Behavior: Mergers & Acquisition (4:12)
Market Structure - Perfect Competition: Characteristics (4:46)
Market Structure - Perfect Competition: Long Run Profits (5:55)
Market Structure - Perfect Competition: Efficiency (5:09)
Market Structure - Perfect Competition: Behavior (3:55)
Market Structure - Monopoly: Characteristics (6:46)
Market Structure - Monopoly: Behavior (7:13)
Market Structure - Monopoly: Natural Monopoly (9:30)
Efficiency of Monopoly - Benefits (7:20)
Efficiency of Monopoly - Limitations (7:36)
Market Structure - Oligopoly: Characteristics & Competitive Oligopolies (5:56)
Market Structure - Oligopoly: Kinked Demand Curve (7:31)
Market Structure - Oligopoly: Collusive Oligopoly (6:20)
Efficiency of Oligopoly - Benefits (7:34)
Efficiency of Oligopoly - Limitations (7:39)
Efficiency of Oligopoly - Comparison of Competitive & Collusive (3:52)
Market Structure - Monopolistic Competition: Long Run Profit Max (6:16)
Market Structure - Monopolistic Competition: Characteristics & Short Run Profit Max (6:02)
Market Structure - Monopolistic Competition: Behavior (9:04)
Efficiency of Monopolistic Competition - Benefits (2:06)
Efficiency of Monopolistic Competition - Limitations (6:03)
Market Structure - Intro to Price Discrimination (6:46)
Market Structure - 1st Degree Price Discrimination (5:42)
Market Structure - 2nd Degree Price Discrimination (5:29)
Market Structure - 3rd Degree Price Discrimination (8:14)
Model Essay - Fundamental Essay Practices
Mindmaps
Definitions List - Firms & Market Structure
Market Failure
Intro to Market Failure - Free Market & Social Welfare (6:34)
Intro to Market Failure - Features of the Free Market (7:03)
Intro to Market Failure - Sources of Market Failure (Overview) (5:47)
Market Failure - Negative Externalities (8:54)
Market Failure - Negative Externalities (Rising MEC) (3:13)
Market Failure - Negative Externalities: Production vs Consumption Diagrams (4:19)
Market Failure - Positive Externalities (4:50)
Market Failure - Positive Externalities (Falling MEB) (2:36)
Market Failure - Positive Externalities: Production vs Consumption Diagrams (3:37)
Market Failure - Merit Goods (5:33)
Market Failure - Demerit Goods (3:35)
Market Failure - Public Goods (8:04)
[H2] Market Failure - Market Dominance (7:50)
[H2] Market Failure - Factor Immobility (6:01)
[H2] Market Failure - Asymmetric Information (9:45)
Market Failure - Income Inequality & Inequity (6:55)
Solution to Positive Externalities - Subsidy (6:34)
Solutions to Positive Externalities - Education & Campaign (4:59)
Solution to Positive Externalities - Legislation (4:01)
Solutions to Positive Externalities - Direct Provision (6:27)
Solutions to Negative Externalities - Taxes (6:24)
Solution to Negative Externalities - Education & Campaign (4:53)
Solutions to Negative Externalities - Legislation (3:51)
Solutions to Negative Externalities - Ban (4:55)
Solutions to Negative Externalities - Tradable Permits (9:10)
Solutions to Merit Goods - Subsidies (4:32)
Solutions to Merit Goods - Education & Campaign (4:01)
Solutions to Merit Goods - Legislation (3:40)
Solutions to Merit Goods - Direct Provision (5:27)
Solutions to Merit Goods - Free Direct Provision (8:57)
Solutions to Demerit Goods - Indirect Taxes (4:37)
Solutions to Demerit Goods - Education & Campaigns (3:37)
Solutions to Demerit Goods - Legislation (3:48)
Solutions to Demerit Goods - Ban (5:12)
Solutions to Public Goods - Free Direct Provision (5:15)
Solutions to Market Dominance - Pricing Regulations (8:48)
Solutions to Market Dominance - Legislation & Regulations (9:46)
Solutions to Market Dominance - Privatization & Nationalization (8:20)
Solutions to Market Dominance - Lump Sum Tax (3:37)
Solutions to Factor Immobility (3:54)
Solutions to Asymmetric Information - Moral Hazard (3:11)
Solutions to Asymmetric Information - Adverse Selection (6:32)
Solutions to Income Inequality (11:51)
Model Essays - Fundamental Essay Practices
Mindmaps
Intro to Macroeconomics & Key Economic Indicator
Introduction to Macroeconomics & Standard of Living (6:17)
Key Economic Indicators - GDP & GNP (11:56)
Key Economic Indicators - GDP: Uses & Standard of Living (7:39)
Key Economic Indicators - Limitations of GDP (Comparisons within Country) (11:00)
Key Economic Indicators - Limitations of GDP (Comparison between Countries) (6:58)
Key Economic Indicators - Consumer Price Index (4:27)
Key Economic Indicators - Limitations of CPI (4:52)
Key Economic Indicators - Unemployment Rate (3:12)
Key Economic Indicators - Limitation of Unemployment Rate (7:41)
Model Essay - Fundamental Essay Practice
Mindmaps
Definitions List - Key Economic Indicators
Models of Macroeconomics
Circular Flow of Income (9:51)
Circular Flow of Income: Changes in Injections (7:26)
Circular Flow of Income: Change in Withdrawals (8:19)
Aggregate Demand & Aggregate Supply Crash Course (12:01)
Aggregate Demand & Aggregate Supply - Intro to Aggregate Demand (9:04)
Aggregate Demand & Aggregate Supply - AD Components: Consumption (10:46)
Aggregate Demand & Aggregate Supply - AD Components: Investments (7:45)
Aggregate Demand & Aggregate Supply - AD Components: Net Exports (5:33)
Aggregate Demand & Aggregate Supply - AD Components: Government Expenditure (3:38)
Aggregate Demand & Aggregate Supply - Intro to Aggregate Supply (7:31)
Aggregate Demand & Aggregate Supply - Aggregate Supply: Shifts in SRAS (6:53)
Aggregate Demand & Aggregate Supply - Aggregate Supply: Shifts in LRAS (4:28)
Aggregate Demand & Aggregate Supply - Equilibrium National Income: Intermediate Range (6:03)
Aggregate Demand & Aggregate Supply - Equilibrium National Income: Keynesian & Classical Range (3:43)
Aggregate Demand & Aggregate Supply - Equilibrium National Income: Shifts in AS (4:45)
Mindmaps
Definitions List - Models of Macroeconomics
Macroeconomic Goals
Economic Growth - Introduction & Demand Factors (8:52)
Economic Growth - Supply Factors (6:00)
Economic Growth - Consequences of Economic Growth (10:41)
Economic Growth - Consequences of Negative & Weak Economic Growth (7:48)
Unemployment - Introduction & Cyclical Unemployment (4:56)
Unemployment - Frictional Unemployment (4:34)
Unemployment - Structural Unemployment (6:53)
Unemployment - Consequences of Unemployment (9:18)
Inflation - Introduction & Demand Pull Inflation (6:21)
Inflation - Cost Push Inflation (4:28)
Inflation - Benefits of Low & Stable Inflation (8:48)
Inflation - Costs of High & Unstable Inflation (17:01)
Inflation - Deflation: Factors & Consequences (8:44)
Balance of Payments - Introduction (8:01)
Balance of Payments - Introduction to Exchange Rates (12:45)
Balance of Payments - Linking Exchange Rates to Balance of Payments (11:24)
Balance of Payments - Factors Affecting Current Account (9:23)
Balance of Payments - Factors Affecting Financial Account (4:53)
Balance of Payments - Consequences of Balance of Payments Imbalances (11:14)
Model Essays - Fundamental Essay Practices
Mindmaps
Definitions List - Macroeconomic Goals
Macroeconomic Policies
Macroeconomic Policies - Introduction to Demand-side Policies (4:08)
Macroeconomic Policies - Fiscal Policy: Introduction (6:56)
Macroeconomic Policies - Fiscal Policy: Expansionary Fiscal Policy (5:57)
Macroeconomic Policies - Fiscal Policy: Contractionary Fiscal Policy (3:17)
Macroeconomic Policies - Fiscal Policy: Limitations (13:48)
Macroeconomic Policies - Fiscal Policy: Automatic Stabilizers (9:02)
Macroeconomic Policies - Monetary Policy: Introduction (11:07)
Macroeconomic Policies - Monetary Policy: Tools of Monetary Policy (12:18)
Macroeconomic Policies - Monetary Policy: Expansionary Monetary Policy (8:11)
Macroeconomic Policies - Monetary Policy: Contractionary Monetary Policy (5:56)
Macroeconomic Policies - Monetary Policy: Limitations (11:33)
Macroeconomic Policies - Exchange Rate Policy: Introduction & Exchange Rates (12:45)
Macroeconomic Policies - Exchange Rate Policy: Fixed Exchange Rate System (5:28)
Macroeconomic Policies - Exchange Rate Policy: Managed Float Exchange Rate System (4:18)
Macroeconomic Policies - Exchange Rate Policy: Expansionary Exchange Rate Policy (6:06)
Macroeconomic Policies - Exchange Rate Policy: Contractionary Exchange Rate Policy (4:10)
Macroeconomic Policies - Exchange Rate Policy: Limitations (6:59)
Macroeconomic Policies - Supply Side Policy: Introduction & Interventionist Policies (12:08)
Macroeconomic Policies - Supply Side Policy: Market Oriented Policies (21:32)
Macroeconomic Policies - Supply Side Policy: Linking Policies to Goals (7:46)
Macroeconomic Policies - Supply Side Policy: Limitations (3:35)
Model Essays - Fundamental Essay Practices
Mindmaps
Definitions List - Macroeconomic Policies
International Economics
Mindmaps
Theory of Comparative Advantage - Full Specialization (15:45)
Theory of Comparative Advantage - Partial Specilization (5:55)
Demand & Supply Model of Trade (9:33)
Arguments For & Against Protectionism (21:26)
Pros & Cons of Free Trade (20:17)
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Solution to Positive Externalities - Legislation
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