The Learning Edge

In this video I explain how to draw and analyze the cost curves. Most teacher sad professors focus on the per unit cost curves. That included marginal cost, average total cost, average variable costs, and the average fixed cost. Each have a specific shape. It might not be the most exciting thing in the world, […]

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Go Premium for only .99 a year and access exclusive ad-free videos from Alanis Business Academy. Click here for a 14 day free trial: http://bit.ly/1Iervwb To view additional video lectures as well as other materials access the following links: YouTube Channel: http://bit.ly/1kkvZoO Website: http://bit.ly/1ccT2QA Facebook: http://on.fb.me/1cpuBhW Twitter: http://bit.ly/1bY2WFA Google+: http://bit.ly/1kX7s6P SoundCloud: http://bit.ly/1hNcJ2k In this brief […]

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Burkhard C. Schipper from the University of California, Davis, discusses material from Chapter 1, The Market, in his course Intermediate Microeconomic Theory. The focus is on demand functions and Pareto efficiency, both concepts that should be already familiar from principles of economics.

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Learn more: http://www.policonomics.com/revealed-preferences/ This video explains how revealed preference theory works. We’ll learn how to use both the Weak and Strong Axioms of Revealed Preference, in order to derive a utility function from consumer behavior. Related videos: -Utility function: https://www.youtube.com/watch?v=z0YUXlRUAA0&list=PLr3ti8G3MCuqzyWqVXNqqa3zmaLiJsMlO&index=1 -Indifference curves: https://www.youtube.com/watch?v=JVadAl9qifM&list=PLr3ti8G3MCuqzyWqVXNqqa3zmaLiJsMlO&index=2 Related articles: -Utility function: http://www.policonomics.com/utility/ -Paul Samuelson: http://www.policonomics.com/paul-samuelson/ Thank you for watching! […]

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Episode 8: No Bull Review’s Macroeconomics and Microeconomics podcast – Top 10 things you need to know about production costs for a firm, including marginal analyses in the short run and long run. This is geared toward college-level principles of macro and micro courses and students enrolled in AP Economics. http://mrmedico.info #1. Diminishing Marginal Returns […]

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Burkhard C. Schipper from the University of California, Davis, discusses material from Chapter 2, Budget Constraint, in his course Intermediate Microeconomic Theory. He introduces a simple of model of budget constraints of a consumer, studies changes of the budget set with respect to changes in prices and income, and discusses how taxes, subsidies, rationing, and […]

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Oligopoly concepts that will help you understand the interdependency in markets where there are a few powerful sellers. In this video: 1. Oligopoly overview 2. Reading a game theory matrix 3. Finding a dominant strategy 4. Prisoner’s dilemma game 5. Cartels

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Monopoly concepts and graphs that you must know for the AP Microeconomics exam in 5 minutes. In this video: 1. Monopoly overview 2. Economic profits 3. Economic losses 4. Inefficiencies of monopolies & deadweight loss 5. Socially-optimal regulation 6. Fair-return regulation 7. Total revenue maximization & elasticity 8. Perfect price discrimination (1st degree) http://mrmedico.info

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Mr. Clifford’s 60 second explanation of how to identify the consumer and producer surplus on the monopoly graph. Notice that monopolies charge a higher price and produce a lower output than perfectly competitive markets. Since monopolies are inefficient they also have dead weight loss. Please keep in mind that these clips are not designed to […]

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Mr. Clifford expalins how to draw and analyze a perfectly competitive market and firm…and you get to meet Mr. DARP. Video Rating: / 5

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This video shows how to calculate various forms of cost (total fixed cost, total variable cost, average variable cost, average total cost, average fixed cost, and marginal cost) based on total cost information and shows graphically what these costs look like. The problem is taken from Essentials of Economics, 2nd Edition, by Paul Krugman, Robin […]

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Click here to gain access to sample Level-7 IAs for FREE: http://overseas.vnote.hk/campaign/ee-and-ia-samples-for-english-math-econ-and-the-sciences Click here to schedule a FREE consultation with Ryan to improve your IA: http://overseas.vnote.hk/campaign/personal-help-from-ryan-reagan For more information about hkexcel, go to www.hkexcel.com IB students have too many tests to handle to over-invest time on Economics IA. In this video, Ryan Reagan, a Level-7 […]

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http://www.amazon.com/No-Bull-Review-Macroeconomics-Microeconomics/dp/1469939290/ref=sr_1_16?ie=UTF8&qid=1332594513&sr=8-16 Best AP Econ Review Book! (Kindle/Paperback) http://itunes.apple.com/us/app/economics-ap/id395030880?mt=8 Best AP Economics review app for the iPhone, iPod Touch, & iPad. The app contains 500 practice questions for students taking the AP Macroeconomics and/or AP Microeconomics exams and 10 review lectures. Here are all of the key graphs that you need to know for the AP […]

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This video shows how to use marginal utility and prices to maximize utility. The problem is taken from Economics: Principles and Applications, 6th Edition, by Robert Hall and Marc Lieberman, and is Ch. 6 problem #3. See the “Practice Problems” playlist for an archive of daily practice problems. For more information and a complete listing […]

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Coverage: Scarcity, Incentives, choices, economics, microeconomics, macroeconomics Microeconomics – 2: Two Big Economic Questions…:http://www.youtube.com/watch?v=dneXzVxY1No **PLEASE RATE, COMMENT, AND SUBSCRIBE!! 🙂 Video Rating: / 5

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Lecture 2: Applying Supply and Demand Instructor: Jon Gruber, 14.01 students View the complete course: http://ocw.mit.edu/14-01SCF10 License: Creative Commons BY-NC-SA More information at http://ocw.mit.edu/terms More courses at http://ocw.mit.edu Video Rating: / 5

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