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Circular Flow of Income - Macroeconomics Circular Flow of Income - Macroeconomics
Posted by: pajholden

Video duration: 499 seconds

How an economy works - an overview of the movement of money and real variables between households and firms, and the impact of injections and withdrawals

Related: business, economics, firms, holden, households, income, injections, leakages, macro, macroeconomics, management, withdrawals

Price Elasticity of Demand - part 1 Price Elasticity of Demand - part 1
Posted by: pajholden

Video duration: 398 seconds

What this important concept in economics means and how PED values are calculated and interpreted

Related: a-level, business, demand, economics, elasticity, holden, management, marketing, price

Phillips Curve Phillips Curve
Posted by: pajholden

Video duration: 591 seconds

The Phillps curve, and its long run application considers the apparent trade-off between inflation and unemployment.

Related: a-level, curve, economics, friedman, holden, inflation, keynes, macro, management, marketing, off, phillips, trade, unemployment

Production Possibility Frontiers Production Possibility Frontiers
Posted by: pajholden

Video duration: 579 seconds

PPFs - their meaning, their limits, opportunity cost and shifting PPFs

Related: business, curves, economics, frontiers, holden, macro, macroeconomics, management, possibility, production

Price Elasticity of Demand - part 2 Price Elasticity of Demand - part 2
Posted by: pajholden

Video duration: 416 seconds

How this important concept in economics is shown on a demand curve and how it relates to producer revenue.

Related: a-level, business, curve, demand, economics, elasticity, holden, level, management, marketing, price, supply

Opportunity Cost Opportunity Cost
Posted by: pajholden

Video duration: 319 seconds

what is opportunity cost? examples and some thoughts on linear and concave PPFs

Related: a-level, business, cost, economics, frontier, holden, management, opportunity, possibility, production, revision

Income Elasticity of Demand Income Elasticity of Demand
Posted by: pajholden

Video duration: 472 seconds

examines measurements of how demand for a good can change following a change in income

Related: a-level, alevel, business, curve, demand, economics, elasticity, holden, income, inferior, management, marketing, normal, supply

fiscal policy & automatic stabilizers fiscal policy & automatic stabilizers
Posted by: pajholden

Video duration: 504 seconds

a look at the role of automatic stabilizers and active fiscal policy as tools to maintain smooth economic growth

Related: a-level, alevel, automatic, demand, economics, fiscal, growth, holden, level, macro, macroeconomic, management, marketing, supply

kinked demand curve theory kinked demand curve theory
Posted by: pajholden

Video duration: 258 seconds

a quick analysis of the kinked demand curve theory that attempts to explain why oligopolistic markets so frequently exhibit price rigidity

Related: a-level, business, demand, economics, holden, management, maximisation, maximization, oligopoly, price, profit, sweezy

equilibrium in perfect competition equilibrium in perfect competition
Posted by: pajholden

Video duration: 441 seconds

explains why firms in perfect competition cannot sustain supernormal profits into the long run

Related: a-level, competition, cost, demand, economics, goods, holden, homogenous, micro, microeconomics, perfect, revenue, supply

Cost Curves for Firms Cost Curves for Firms
Posted by: pajholden

Video duration: 391 seconds

What are the marginal, average and total cost curves that firms face? Why do the interact as they do?

Related: a-level, alevel, average, business, cost, curves, economics, firm, firms, holden, level, management, marginal, marketing, profit

Negative Externalities Negative Externalities
Posted by: pajholden

Video duration: 301 seconds

Negative externalities on a diagram - and how tax can correct market failure

Related: a-level, business, costs, economics, external, externalities, failure, holden, market, marketing, negative, social

cross elasticity of demand cross elasticity of demand
Posted by: pajholden

Video duration: 370 seconds

a look at how the price change of one good afects the demand of another

Related: a-level, alevel, business, complement, demand, economics, firm, holden, management, marketing, microeconomics, substitute, supply

is monopoly bad? is monopoly bad?
Posted by: pajholden

Video duration: 294 seconds

economics

Related: a-level, business, dynamic, economics, efficiency, failure, holden, management, market, marketing, monopoly, schumpeter

break even charts for IGCSE Business Studies break even charts for IGCSE Business Studies
Posted by: pajholden

Video duration: 365 seconds

bizness

Related: accounts, break, business, chart, costs, even, finance, fixed, gcse, igcse, loss, management, marketing, profit, revenue, variable