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