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Budget Constraint and Demand
fladdog
126 views
When a good is a normal good, an increase in income shifts the budget constraint curve.
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Production Possibilities Frontier.mp4
fladdog
90 views
A constant cost production possibilities curve is shown but the resources are not perfect substitutes.
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Production Possibilities Curve
fladdog
113 views
A constant cost curve where the goods are perfectly substitutable is shown. A review of the basic assumptions and efficiency are explained. This video is intended as an i...
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Simple Interest
fladdog
597 views
How to calculate simple interest when the interest rate and the time varies. This is intended for basic learners.
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Returns to Scale
fladdog
1,852 views
If you want to know what economists mean when they discuss constant returns to scale, this video is for you. You will see how inputs are used to produce outputs and briefl...
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How Banks Create Money
fladdog
3,054 views
Using the simple deposit multiplier, I show how a deposit of $100 expands the money supply.
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CEE REDUX for Graphing TR TC.mp4
fladdog
60 views
This instructional video teaches students how to graph total revenue and total cost using an Excel Spreadsheet. This video is a complement to my EconEdLink lesson, "Graphi...
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Graphing Total Revenue and Total Cost
fladdog
2,684 views
This shows how to use Excel to graph total revenue and total cost curves. This video is for my Council for Economic Education lesson with the same title.
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Long Run Supply Curve
fladdog
2,587 views
What is the shape of the long run supply curve for a perfect competitior in a constant cost industry? Can the long run supply curve slope downward and to the right? In th...
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Terms of Trade
fladdog
3,923 views
How do you determine the terms of trade? Begining from a production possibilities curve for two countries, I show how to determine comparative advantage and how to compute...
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