Scarcity, the Basic Economic Problem[6:46]
Scarcity, Opportunity Cost and the PPC[14:12]
The Law of Increasing Opportunity Cost and the PPC Model[12:28]
Decreasing Opportunity Costs in the PPC Model[6:51]
Economic Growth in the PPC - the capital v. consumer goods tradeoff[10:43]
Determining Absolute and Comparative Advantage[9:14]
Determining comparative advantage from an input table AP Economics[6:21]
The Gains from International Trade in the PPC Model[9:57]
Terms of Trade and the Gains from Specialization based on Comparative Advantage[9:35]
Can two Countries Benefit from Trade if neither has a Comparative Advantage?[3:05]
Total and Marginal Utility[8:09]
The Utility Maximization Rule[11:05]
The Law of Demand[11:25]
The Income and Substitution Effect - WHY does Demand Slope Downwards?[7:54]
Changes in Demand versus Changes in Quantity Demanded[5:53]
The Determinants of Demand[11:08]
The Law of Supply and the Determinants of Supply[14:31]
Why does Supply slope upwards? (The law of increasing opportunity cost and supply)[8:17]
Price Elasticity of Demand Formula and Interpretation (part 1)[9:24]
Price Elasticity of Demand Formula and Interpretation (part 2)[6:37]
The Mid point forumula for Price Elasticity of Demand[10:10]
The Determinants of Price Elasticity of Demand[10:12]
The Total Revenue Test of Price Elasticity of Demand ( part 1)[8:17]
The Total Revenue Test of Price Elasticity of Demand (part 2)[7:51]
The Law of Diminishing Marginal Returns in a Toy Truck Factory[13:36]
Understanding the relationships between Total, Marginal and Average Product[17:36]
Productivity and Costs in the Short-run[17:40]
Relationships between a Firm's Short-run Costs of Production[9:35]
Factors that can Shift a Firm's Short run Costs of Production[9:52]
Long-run Average Total Cost and Economies of Scale[17:41]
Demand, Marginal Revenue and Profit Maximization for a Perfect Competitor[17:04]
From Short-run to Long-run in Perfect Competition[21:23]
- When should a firm shut down in the face of economic losses?[16:55]
Efficiency in Perfectly Competitive Markets[19:35]
WWDC 2018 Keynote — Apple[14:11]
Profit Maximization, Revenue Maximization and PED in Pure Monopoly[17:11]
Natural Monopoly and the need for Government Regulation[15:14]
First Degree Price Discrimination and its Effect on Efficiency in a Monopolistic Market[14:51]
Monopolistic Competition[20:31]
Determining the Efficiency of Firms in Different Market Structures[18:23]
Game Theory Intro - The Prisoner's Dilemma as a Model for Oligopoly Behavior[12:31]
Introduction to Resource Markets and Marginal Revenue Product[10:35]
Labor Supply and Equilibrium in Labor Markets[5:00]
Changes in Resource Demand and Individual versus Market Demand for Labor[7:17]
Resource Demand (MRP) in a Monopoly Market[7:55]
Marginal Resource Cost for a Perfectly Competitive Employer - part 1[7:47]
Marginal Resource Cost for a Perfectly Competitive Employer - part 2[4:11]
Labor Markets - Change in in Equilibrium Wage Rate and Level of Employment[8:26]
Labor Markets - Changes in the Profit Maximizing Level of Employment[8:47]
Marginal Resource Cost for a Monopsony Employer - part 1[8:15]
Marginal Resource Cost for a Monopsony Employer - part 2[9:05]
Minimum Wages in Competitive Labor Markets[11:05]
Minimum Wages in Monopsonistic Labor Markets[8:09]
Market Equilibrium, Disequilibrium and Allocative Efficiency[9:18]
Introduction to Market Failure[8:27]
Negative Externalities of Production[13:03]
Negative Externalities of Consumption as a Market Failure - part 1[9:09]
Negative Externalities of Consumption as a Market Failure - part 2[6:45]
Positive Externalities of Production as a Market Failure[12:43]
Positive Externalities of Consumption as a Market Failure[12:59]
Public Goods as a Market Failure - part 1[9:11]
Public Goods as a Market Failure - part 2[9:46]
The Tragedy of the Commons as a Market Failure[14:29]
Visualizing the Tragedy of the Commons[11:36]
Asymmetric Information as a Market Failure - part 1[7:08]
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INFO:
Video lessons for introductory Economics students, focusing on Micro, Macro and International Economics topics.
Jason Welker