Econ Song #5: The 12 Key Concepts

Students in Mr. Clifford's class participate in at least one sing along song per unit. This is the song they sing right before Christmas break. There are other songs including ones from Kelly Clarkson, Bob Marley, The Little Mermaid, Plain White Ts, and John Mellencamp. The lyrics for this song are below. Keep in mind that some of the song refers to "inside jokes" that I use to explain concpsts (ex: Beep Boop Boop).

The 12 Key Concepts that Clifford taught to me
12. Flat Supply, Wage Taking (Firm in Perfectly Competative labor market)
11. Mono C, advertising
10. Oligopolies like colluding
9. Monopolies, overcharging
8. No profit, firms entering
7. Fixed Resource, MP falling (Law of Diminishing Marginal Returns)
6. Average costs not kissing (ATC and AVC get closser and closer)
5. MR equals MC
4. Price doesnt shift the curve
3. Demand goes BEEP BOOP BOOP (Law of Demand)
2. Cheesy to Cheesy (Law of increasing Opportunity Cost)
1. The concept of scarcity

Category:

Education

Tags:

• AP
• Economics
• Econ
• Songs
• Sing
• Along
• Class
• Review
• Concepts
• Activitiy
• Fun
• Micro
• Microeconomics

[iamcaesar2]

You're Economics videos are fantastic. Far better than any of the other offerings on YouTube. Its just a shame the audio is bad on this one - but what I did hear was funny! Keep up the good work!

[bubblyface17]

ahh im soo jealous!!

be my econ professor!!

[danedane101]

AHAHA I wish that guy at :42 was in our class this year.

[FlipinMarmalade]

Lol wats up ... COOL IDEA : D