Micro 3.3 Cost Curves MC, ATC, AVC, and AFC: Econ Concepts in 60 Seconds

Mr. Clifford's 60 second explanation of the four per unit costs curves (MC, AVC, AFC, and ATC). The bonus round shows how you use the graphs to calculate TC, VC, and FC. Please keep in mind that these clips are not designed to teach you the key concepts. These videos are a review tool to help you better understand what you learned in class.

ACDC is Mr. Clifford's teaching philosophy:
Active Learning
Cooperative Learning
Discovery Learning
Community

Category:

Education

Tags:

• cost
• curves
• marginal
• ATC
• AVC
• AFC
• MC
• economics

[vipersnipe09]

i don't even know why i go to class!

[Areebian]

dude, you're my hero... all these other videos take 10 minutes to explain something that you showed me in... 2-3 minutes. Props to you Mr. Clifford

[lovekpop2012]

wow i wouldn't fail the quiz if i watch this be4 i took that quiz T_T 

[danielyaa5]

2ND SEMESTER SENIOR

[grvchik1]

background music is distracting. I don know what was rationale for putting it in video. A person can concentrate more without a music in which someone is singing

[embrizz1]

So, where does the demand curve go :S

[ismawan1980]

Can I find any videos that show me how to prove mathematically the curves using real empirical data? I learned these concepts like 12 years ago, but until today there is still an inkling in my brains that I really want to prove those curves using real empirical data. Is this possible? Anyone has the same interest as mine?

[NerdCornerTV]

i think you just saved my life... at least my GPA

[burghese]

i absolutely love your videos. Only wish that the room light was bit brighter.

[CZinger21]

@vipersnipe09 i learned more in a 2 mins and 46 seconds video than multiple classes and hours of reading the textbook

[marryson123]

can you explain more on why AVC goes down at first?

[OhYeah729]

It kinda hard to pay attention to this when you have dirty deeds playing