en microeconomics macroeconomics khanacademy 5/5 (1)

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Topics covered in an traditional college level introductory microeconomics and macroeconomics course

Lessons

Tradeoffs for a hunter gatherer and the production possibilities frontier. Ceteris Paribus More free lessons at: http://www.khanacademy.org/video?v=_7VHf
809 views

Opportunity cost (and marginal cost) based on the PPF More free lessons at: http://www.khanacademy.org/video?v=pkEiH
836 views

Why the opportunity cost may increase as you pursue more rabbits More free lessons at: http://www.khanacademy.org/video?v=00fgA
805 views

Marginal Utility and maximization More free lessons at: http://www.khanacademy.org/video?v=MT4ak
894 views

How investing for capital formation can expand the production possibilities frontier (PPF) More free lessons at: http://www.khanacademy.org/video?v=a9aUM
986 views

How two parties can get better outcomes by specializing in their comparative advantage and trading More free lessons at: http://www.khanacademy.org/video?v=xx9xN
1,057 views

Showing that a party benefits from trade as long as there is a comparative advantage (and not necessarily an absolute advantage) More free lessons at: http://www.khanacademy.org/video?v=xN3UV
829 views

Example of the law of demand More free lessons at: http://www.khanacademy.org/video?v=ShzPt
835 views

How changes in the price of related goods can shift demand More free lessons at: http://www.khanacademy.org/video?v=-oClp
716 views

How demand can be effected by changes in income, population or preferences More free lessons at: http://www.khanacademy.org/video?v=do1HD
689 views

How the demand for some goods could actually go down if incomes go up More free lessons at: http://www.khanacademy.org/video?v=wYuAw
668 views

More clarification on inferior and normal goods More free lessons at: http://www.khanacademy.org/video?v=TAhRo
782 views

Introduction to the Law of Supply More free lessons at: http://www.khanacademy.org/video?v=3xCzh
774 views

How the price of inputs, price of related goods, number of suppliers technology, and expected future prices affects the supply curve More free lessons at: http://www.khanacademy.org/video?v=0isM0 ...
822 views

Equilibrium price and quantity for supply and demand More free lessons at: http://www.khanacademy.org/video?v=PEMkf
730 views

How the equilibrium price or quantity might change due to changes in supply or demand More free lessons at: http://www.khanacademy.org/video?v=NgPqy
779 views

Introduction to price elasticity of demand More free lessons at: http://www.khanacademy.org/video?v=slP8X
921 views

Looking a bit deeper at why elasticity changes despite having a linear demand curve More free lessons at: http://www.khanacademy.org/video?v=YOT8r
964 views

Extreme examples of price elasticity of demand More free lessons at: http://www.khanacademy.org/video?v=6udRt
731 views

What a demand curve with constant unit elasticity would look like More free lessons at: http://www.khanacademy.org/video?v=m7qXv
746 views

Thinking about how total revenue and elasticity are related More free lessons at: http://www.khanacademy.org/video?v=Udltk
914 views

Clarification on the relationship between total revenue and elasticity More free lessons at: http://www.khanacademy.org/video?v=KgrLU
788 views

Price of one good effecting quantity demanded of another More free lessons at: http://www.khanacademy.org/video?v=Ngv0B
1,042 views

Thinking about elasticity of supply More free lessons at: http://www.khanacademy.org/video?v=AAWsu
863 views

Why we calculate percent changes in a strange way when calculating elasticities More free lessons at: http://www.khanacademy.org/video?v=fUxSB
773 views

Thinking about a demand curve in terms of quantity driving price More free lessons at: http://www.khanacademy.org/video?v=Krkbb
801 views

Consumer surplus as difference between marginal benefit and price paid More free lessons at: http://www.khanacademy.org/video?v=_6kwh
809 views

Looking at consumer surplus as area between the demand curve and the market price More free lessons at: http://www.khanacademy.org/video?v=RBUBI
899 views

Looking at the supply curve as an opportunity cost curve. Understanding the producer surplus as the area between the supply curve and the market price More free lessons at: http://www.khanacademy.or ...
757 views

How instituting a price ceiling lower than the equilibrium price reduces the total surplus (dead weight loss)
872 views

How a minimum wage might effect the labor market More free lessons at: http://www.khanacademy.org/video?v=j0c2v
806 views

The effect of taxation on the equilibrium price and quantity More free lessons at: http://www.khanacademy.org/video?v=NuLlN
745 views

What would happen if we have a percentage tax instead of a fixed dollar amount More free lessons at: http://www.khanacademy.org/video?v=xwOTl
806 views

Who bears the burden for the taxes when demand is inelastic More free lessons at: http://www.khanacademy.org/video?v=lsn16
699 views

Who bears the burden for a tax on a good with perfectly elastic demand More free lessons at: http://www.khanacademy.org/video?v=z1yJP
705 views

Marginal utility and marginal benefit. How you would spend $5 on chocolate and fruit More free lessons at: http://www.khanacademy.org/video?v=Kf9Kh
708 views

Why the marginal utility for dollar spent should be theoritically equal for the last increment of either good purchased More free lessons at: http://www.khanacademy.org/video?v=KbW6O
724 views

Seeing what happens to quantity demanded when price changes More free lessons at: http://www.khanacademy.org/video?v=4-_-w
1,139 views

What I can buy with my income More free lessons at: http://www.khanacademy.org/video?v=Uq5Wz
875 views

Using indifference curves to think about the point on the budget line that maximizes total utility More free lessons at: http://www.khanacademy.org/video?v=nhSSu
773 views

Indifference curves for normal goods, substitutes and perfect complements More free lessons at: http://www.khanacademy.org/video?v=kJ43G
849 views

Difference between a firm's accounting and economic profit More free lessons at: http://www.khanacademy.org/video?v=06j_z
659 views

How to account for things when you own the building instead of renting it More free lessons at: http://www.khanacademy.org/video?v=ckBKD
789 views

Thinking about average fixed, variable and marginal cost More free lessons at: http://www.khanacademy.org/video?v=bBQVa
746 views

Graphing variable cost, fixed cost and total cost More free lessons at: http://www.khanacademy.org/video?v=k1iHD
905 views

Looking at marginal and average total cost in the context of a juice business More free lessons at: http://www.khanacademy.org/video?v=7t8gd
886 views

Thinking about a rational quantity of juice to produce More free lessons at: http://www.khanacademy.org/video?v=xGkE0
818 views

Why it is rational to produce at a loss More free lessons at: http://www.khanacademy.org/video?v=ni0TL
874 views

Understanding the long term supply curve in terms of economic profit More free lessons at: http://www.khanacademy.org/video?v=CWiHA
807 views

Conditions for perfect competition. Looking at the airline industry More free lessons at: http://www.khanacademy.org/video?v=_NznT
788 views

Thinking about what would happen with one airline. The opposite of perfect competition More free lessons at: http://www.khanacademy.org/video?v=77CAp
649 views

Starting to think about how a monopolist would rationally optimize profits More free lessons at: http://www.khanacademy.org/video?v=cczAB
751 views

Plotting the marginal revenue curve for a monopolist More free lessons at: http://www.khanacademy.org/video?v=s1UQQ
805 views

Showing that what is optimal for the monopolist is not optimal for society More free lessons at: http://www.khanacademy.org/video?v=daxL1
775 views

Using some basic calculus to show that marginal revenue has twice the slope of the demand curve for a monopolist More free lessons at: http://www.khanacademy.org/video?v=atI4Q
818 views

Review of marginal revenue (MR), total revenue (TR), marginal cost (MC) and average total cost (ATC) for a monopoly
748 views

Thinking about different markets that are in-between monopolies and perfect competition More free lessons at: http://www.khanacademy.org/video?v=PzDth
711 views

Why it is hard for a monopolisitc competitor to make economic profit in the long run More free lessons at: http://www.khanacademy.org/video?v=RUVsE
763 views

Thinking about when oligopolies behave more like monopolies or perfect competitors More free lessons at: http://www.khanacademy.org/video?v=N0L00
757 views

Why two not-so-loyal criminals would want to snitch each other out More free lessons at: http://www.khanacademy.org/video?v=UkXI-
809 views

Looking more closely at the definition of Nash Equilibrium More free lessons at: http://www.khanacademy.org/video?v=ewu_7
718 views

Why duopolists would benefit to form a cartel and why it makes sense for them to cheat More free lessons at: http://www.khanacademy.org/video?v=S6TvR
827 views

Pareto Optimality and more on Nash Equilibrium. Seeing how cheating duopolists parallels the prisoners dilemma More free lessons at: http://www.khanacademy.org/video?v=XTMbR
832 views

Taking negative externalities into account when thinking about the optimal equilibrium price and quantity More free lessons at: http://www.khanacademy.org/video?v=nBw6K
838 views

How to factor in negative externalities through taxation More free lessons at: http://www.khanacademy.org/video?v=UYShe
1,033 views

Factoring in external benefits More free lessons at: http://www.khanacademy.org/video?v=TSTLL
786 views

How public resources can be abused More free lessons at: http://www.khanacademy.org/video?v=0b2Tl
883 views

Charging different consumers different amounts in an attempt to optimize economic profit More free lessons at: http://www.khanacademy.org/video?v=z0wg9
820 views

Thinking about how much incremental benefit a firm gets from hiring one more person More free lessons at: http://www.khanacademy.org/video?v=cwCln
806 views

Thinking about how many people it makes sense to hire. Brief discussion of a monopsony. More free lessons at: http://www.khanacademy.org/video?v=p8PSI
954 views

How to add demand curves More free lessons at: http://www.khanacademy.org/video?v=gHs3z
759 views

Understanding the flow of resources in the simplest possible economy More free lessons at: http://www.khanacademy.org/video?v=Hfz1b
865 views

Understanding what GDP does and doesn't measure. More free lessons at: http://www.khanacademy.org/video?v=zh8XA
720 views

What happens when a good is not finished in a period More free lessons at: http://www.khanacademy.org/video?v=C1pHv
759 views

Difference between every day and economic notions of investment and consumption More free lessons at: http://www.khanacademy.org/video?v=N9VIs
664 views

Looking at a simple model of an economy More free lessons at: http://www.khanacademy.org/video?v=Z9b8n
721 views

Understanding the components of the expenditure view of GDP. Consumption, investment, government spending and net exports More free lessons at: http://www.khanacademy.org/video?v=Rgr1v
701 views

Thinking about how different types of expenditures would be accounted for in GDP More free lessons at: http://www.khanacademy.org/video?v=BMNj7
1,030 views

Using real GDP as a measure of actual productivity growth More free lessons at: http://www.khanacademy.org/video?v=lBDT2
864 views

Relationship between the GDP deflator, nominal GDP and real GDP More free lessons at: http://www.khanacademy.org/video?v=L-0Lu
711 views

Simple example of calculating Real GDP from Nominal GDP More free lessons at: http://www.khanacademy.org/video?v=v5YT8
740 views

Basics of price inflation and the CPI (consumer price index) More free lessons at: http://www.khanacademy.org/video?v=AaR1m
905 views

Exploring the actual weightings for the CPI-U basket of goods More free lessons at: http://www.khanacademy.org/video?v=-JTw7
698 views

The observation that inflation and unemployment tend to be inversely correlated More free lessons at: http://www.khanacademy.org/video?v=v7ZWT
959 views

Thinking about interest as the price of money. Looking at money from a supply and demand perspective More free lessons at: http://www.khanacademy.org/video?v=Lru0v
793 views

Examples showing how various factors can affect interest rates More free lessons at: http://www.khanacademy.org/video?v=vItRH
837 views

The business cycle and how it may be driven by emotion More free lessons at: http://www.khanacademy.org/video?v=TXrOp
903 views

Understanding how aggregate demand is different from demand for a specific good or service. Justifications for the aggregate demand curve being downward sloping More free lessons at: http://www.khan ...
730 views

Factors that might shift aggregate demand More free lessons at: http://www.khanacademy.org/video?v=scN-1
731 views

Thinking about why aggregate supply may not be influenced by prices in the long-run More free lessons at: http://www.khanacademy.org/video?v=8W0iZ
766 views

Justifications for the aggregate supply curve to be upward sloping in the short-run More free lessons at: http://www.khanacademy.org/video?v=3nbal
819 views

Thinking about whether inflation in the late 1960s is consistent with the AD-AS model More free lessons at: http://www.khanacademy.org/video?v=HdqbC
926 views

Thinking about how high utilization could drive price as another justification for an upward sloping short-run aggregate supply curve More free lessons at: http://www.khanacademy.org/video?v=XsD7m ...
951 views

How an oil shock can slow the economy while causing inflation More free lessons at: http://www.khanacademy.org/video?v=3A-nA
841 views

Basic mechanics of monetary and fiscal policy More free lessons at: http://www.khanacademy.org/video?v=ntxMO
676 views

How government can effect aggregate demand through tax policy More free lessons at: http://www.khanacademy.org/video?v=BRXBC
657 views

Where the dollars at the pump go More free lessons at: http://www.khanacademy.org/video?v=1YYy0
642 views

Thinking about what moves oil prices More free lessons at: http://www.khanacademy.org/video?v=Zxtlc
650 views

Contrasting Keynesian and Classical Thinking More free lessons at: http://www.khanacademy.org/video?v=hPkh8
577 views

Why Keynesian thinking might not be ideal sometimes More free lessons at: http://www.khanacademy.org/video?v=EVSkf
721 views
 

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