Fundamentals of Microeconomics
Specialization Trade and Comparative Advantage
Fundamentals of Microeconomics
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Introduction to Economics
Video - 5:56 mins
Introduction to Economics
Video - 5:56 mins
Introduction to Microeconomics
Video - 5:56 mins
Government Paternalism vs Libertarianism
Video - 5:56 mins
Scarcity and the Fundamental Economic Problem
Video - 5:56 mins
Scarcity vs Poverty
Video - 5:56 mins
Tradeoffs and Opportunity Cost in Economics
Video - 5:56 mins
The Production Possibilities Frontier PPF
Video - 5:56 mins
How to Graph the Production Possibilities Frontier PPF
Video - 5:56 mins
How to Graph the Marginal Cost Curve using a PPF
Video - 5:56 mins
How to Graph the Marginal Benefit Curve
Video - 5:56 mins
Allocative Efficiency
Video - 5:56 mins
Production Efficiency in Economics
Video - 5:56 mins
Inefficient Production in Economics
Video - 5:56 mins
Expanding the Production Possibilities Frontier PPF
Video - 5:56 mins
Specialization Trade and Comparative Advantage
Video - 5:56 mins
Law of Demand
Video - 5:56 mins
Law of Supply
Video - 5:56 mins
How to Find the Equilibrium using Supply and Demand Curves
Video - 5:56 mins
How to Find the Equilibrium Mathematically
Video - 5:56 mins
How to Graph a Change in Demand
Video - 5:56 mins
Change in Demand vs Change in Quantity Demanded
Video - 5:56 mins
How to Graph a Change in Supply
Video - 5:56 mins
Change in Supply vs Change in Quantity Supplied
Video - 5:56 mins
Normal vs Inferior Goods
Video - 5:56 mins
How Substitutes and Complements Affect Demand
Video - 5:56 mins
Simultaneous Change in Demand and Supply
Video - 5:56 mins
How to Calculate Price Elasticity of Demand
Video - 5:56 mins
Elastic vs Inelastic Demand
Video - 5:56 mins
Income Elasticity of Demand
Video - 5:56 mins
Cross Elasticity of Demand
Video - 5:56 mins
Elasticity of Supply
Video - 5:56 mins
Equity vs Efficiency in Economics
Video - 5:56 mins
3 Types of Economic Efficiency
Video - 5:56 mins
6 Types of Market Failures in Economics
Video - 5:56 mins
Consumer and Producer Surplus
Video - 5:56 mins
The Effect of a Price Ceiling
Video - 5:56 mins
The Effect of a Price Floor
Video - 5:56 mins
The Effect of a Price Support
Video - 5:56 mins
Gains from Imports: How Countries Benefit from Free Trade
Video - 5:56 mins
Gains from Exports: How Countries Benefit from Free Trade
Video - 5:56 mins
The Effect of an Import Tariff
Video - 5:56 mins
Externalities in Economics
Video - 5:56 mins
Negative Externalities in Economics
Video - 5:56 mins
Positive Externalities in Economics
Video - 5:56 mins
Pigouvian Taxes in Economics
Video - 5:56 mins
Cap and Trade: Using Marketable Permits to Address Negative Externalities
Video - 5:56 mins
Cap and Trade vs Carbon Tax
Video - 5:56 mins
The Coase Theorem and Negative Externalities
Video - 5:56 mins
Public Goods in Economics
Video - 5:56 mins
The Efficient Provision of Public Goods
Video - 5:56 mins
Common Resources: Common Goods in Economics
Video - 5:56 mins
Individual Transfer Quotas (ITQs)
Video - 5:56 mins
The Economics of Pharmaceutical Drug Testing
Video - 5:56 mins
The Economics of Airline Safety
Video - 5:56 mins
Economics of Fracking
Video - 5:56 mins
Economics of Housing Vouchers
Video - 5:56 mins
Final Exam - Fundamentals of Microeconomics
Quiz
Final Exam - Fundamentals of Microeconomics
Quiz
Final Exam - Fundamentals of Microeconomics
Quiz
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Understand the benefits of specialization and how comparative advantage drives trade.
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