AP Microeconomics Videos

Mr. Clifford’s ACDC Econ videos

 

UNIT 1:  BASIC ECONOMIC CONCEPTS

 

UNIT 2:  INTRO TO MARKETS

 

 

 

 

UNIT 3:  THE FIRM

Production Function/Diminishing Marginal Returns

http://www.acdcecon.com/#!law-of-diminishing-marginal-returns/c1rdf

 

Costs of Production

http://www.acdcecon.com/#!costs-of-production/cdr

 

Cost Curves

http://www.acdcecon.com/#!cost-curves-mc-and-atc/ct9z

 

Economic Profit and Costs

http://www.acdcecon.com/#!economic-profit-and-implicit-costs/c2062

 

Profit Maximizing Rule

http://www.acdcecon.com/#!profit-maximizing-rule/c610

 

Shut Down Rule

http://www.acdcecon.com/#!shut-down-rule/c4qm

 

Perfect Competition in the Short-Run

http://www.acdcecon.com/#!perfect-competition-in-short-run/c1ick

 

Perfect Competition in the Long-Run

http://www.acdcecon.com/#!perfect-competition-in-long-run/c1glu

 

Monopoly Demand and Marginal Revenue (price makers)

http://www.acdcecon.com/#!price-makers/cimm

 

Monopoly Graph

http://www.acdcecon.com/#!monopoly-graph/c8qr

 

Elastic vs. Inelastic Range of Demand Curve in Monopoly

http://www.acdcecon.com/#!elastic-vs-inelastic-range/c1s4w

 

Efficiency and Deadweight Loss

http://www.acdcecon.com/#!productive-and-allocative-efficiency/c19xj

 

Price Discrimination in Monopoly

http://www.acdcecon.com/#!price-discrimination/c1w6g

 

Regulation of Monopoly

http://www.acdcecon.com/#!regulation–socially-optimal-price/c1pit

 

Per Unit vs. Lump Sum Subsidy/Tax

http://www.acdcecon.com/#!per-unit-vs-lump-sum-tax/c1eva

 

Monopolistic Competition (its own market structure; not monopoly)

http://www.acdcecon.com/#!monopolistic-competition-in-long-run/cwlr

 

Oligopoly and Game Theory

http://www.acdcecon.com/#!game-theory-matrix-and-dominate-strategy/c21e8

 

UNIT 4:  FACTOR MARKETS

Resource Market, MRP and MRC

http://www.acdcecon.com/#!derived-demand-mrp-and-mrc/chzx

 

Perfectly Competitive Resource Market

http://www.acdcecon.com/#!perfectly-competitive-resource-market-/cc6j

 

Minimum Wage

http://www.acdcecon.com/#!minimum-wage/c1ctn

 

UNIT #5:  MARKET FAILURES

 

 

UNIT 6:  MACROECONOMICS

 

 

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