Microeconomics- Everything You Need to Know

In this video I cover all the concepts for an introductory microeconomics course and AP course. I go super fast so don't take notes. Focus on the big picture ideas, ...

Micro Unit 1 Summary- Basic Economic Concepts

The Micro Unit 1 Summary video is designed to help you understand economics and goes hand-in-hand with my Ultimate Review Packet. In this video I cover ...

Lec 1 | MIT 14.01SC Principles of Microeconomics

Lecture 1: Introduction to Microeconomics Instructor: Jon Gruber, 14.01 students View the complete course: http://ocw.mit.edu/14-01SCF10 License: Creative ...

Intro to Economics: Crash Course Econ #1

In which Jacob Clifford and Adriene Hill launch a brand new Crash Course on Economics! So, what is economics? Good question. It's not necessarily about ...

MICROeconomics 19 Minute Review

In this video I reviews all of MICROeconomics in 19 minutes. (Note- I used the same intro from the macro video since Unit 1 is the same, but this definitely covers ...

Demand and Supply Explained- Econ 2.1

Thanks for watching. In this video I explain the law of demand, the substitution effect, the income effect, the law of diminishing marginal utility, and the shifters of ...

Micro Unit 3 Summary- Costs and Perfect Competition

Welcome! This is the Microeconomics Unit 3 Summary video. I cover concepts like diminishing marginal returns (1:14), the costs of production (5:11), the long ...

Elasticity and the Total Revenue Test- Micro 2.9

Why don't gas stations have sales? I explain elasticity of demand and the differnce between inelastic and elastic. I also cover the total revenue test and give you ...

Micro Unit 2 Summary- Supply, Demand, and Consumer Choice

Welcome to ACDC Econ. The is the Micro Unit 2 Summary. In this video I explain demand and supply (1:07), double shifts (9:30), price controls (10:19), elasticity ...

Perfect Competition in the Short Run- Microeconomics 3.8

In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph ...

Microeconomics vs Macroeconomics


Costs of Production- Microeconomics 3.3 (Part 1)

In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per ...

Cost Curves- Microeconomics 3.3 (Part 2)

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, ...

Taxes on Producers- Microeconomics 2.11 ACDC Econ

I explain excise taxes any show what happens to consumer surplus, producer surplus, and deadweight loss as a result of a tax. Make sure to watch the section ...

Perfect Competition - What You Must Know in 4 Minutes - Microeconomics

Perfectly competitive market concepts and graphs that you must know for the APMicroeconomics exam in 4 minutes. In this video: 1. Perfect competition ...

Lec 4 | MIT 14.01SC Principles of Microeconomics

Lecture 4: Preferences and Utility Instructor: Jon Gruber, 14.01 students View the complete course: http://ocw.mit.edu/14-01SCF10 License: Creative Commons ...

Microeconomics: Indifference Curves Utility Budget Constraint Line Marginal Rate of Substitution MRS

In this microeconomics lesson I cover the concept of utility, utility maximization, indifference curves, indifference curve maps, budget constraint lines, different ...