Videos uploaded by user “Tamra Carl”
Comparing Perfect Competition (PC) to a Monopoly Graph
Describes how to locate Perfect Competition (PC) on a monopoly graph and how to compare the different output, prices, economic profit, efficiencies, and the consumer and producer surplus
Views: 8487 Tamra Carl
elasticity monopoly
Describes how to find the different elasticities on the D-Curve of a monopoly from the MR Curve.
Views: 856 Tamra Carl
Comparative Advantage
Describes how to calculate comparative advantage and terms of trade.
Views: 5664 Tamra Carl
Derived Demand
Defines derived demand and what factors shift the resource demand curve
Views: 2140 Tamra Carl
Perfect Competition (PC):  Economic Profit and Loss
Describes how to show on the Perfectly Competitive (PC) graph economic profit and loss. Also shows how to calculate economic profit and loss
Views: 526 Tamra Carl
Shortages and Surpluses
Locating shortages and surpluses on a graph because of a shift in demand
Views: 1254 Tamra Carl
Marginal Cost vs. Average Variable Cost
Describes the relationship of the MC and AVC curves
Views: 1684 Tamra Carl
Explaining Market Failure of a Monopoly
Explains the cause of the market failure of a monopoly.
Views: 518 Tamra Carl
Monopolistic Competition - Short Run (SR) to Long Run (LR)
Describes the graph of Monopolistic Competition as it looks in the SR and moves to the LR.
Views: 1206 Tamra Carl
Monopoly - Demand Curve
Describes why the demand curve for a monopoly is downward sloping and the MR curve is less than the D-curve
Views: 5354 Tamra Carl
Marginal Physical Product vs. Average Physical Product
Discusses the relationship between the MPP and APP curves.
Views: 1277 Tamra Carl
Foreign Exchange Markets Impact on the Loanable Funds and Money Market Graphs
Describes the impact foreign exchange in the Loanable Funds graph and the Money Market graph.
Views: 623 Tamra Carl
Unit 2 - taxincidence
Views: 296 Tamra Carl
LRAS screencast
Describes LRAS and classical approach
Views: 188 Tamra Carl
Lump Sum vs. Per-Unit tax
Describes the difference between a lump sum and per-unit tax and how this affects the cost curves and profit maximizing quantity in the SR. Describes the result in the LR from these taxes.
Views: 2947 Tamra Carl
Maximizing Marginal Utility (MU)
Shows how to determine how much of 2 goods a consumer should choose
Views: 4727 Tamra Carl
Describes the graph of an oligopoly
Views: 2774 Tamra Carl
Natural Monopoly
Describes the graph of the natural monopoly and the different production possibilities, along with their trade offs.
Views: 657 Tamra Carl
Comparing Monopolistic Competition to Perfect Competition (PC)
Compares the graphs of monopolistic competition and perfect competition. Compares allocative efficiciency, productive efficiency, break even, and dead weight loss (DWL)
Views: 554 Tamra Carl
Describes the Monetary Equation of Exchange. Explains what the different variables stand for and that it measures nominal GDP.
Views: 399 Tamra Carl
Increasing Opportunity Cost
Explains how to describe what increasing opportunity cost means
Views: 233 Tamra Carl
Marginal Thinking
Describes the economic way of marginal thinking.
Views: 165 Tamra Carl
The Demand Curve
describes the shape and relationship of the demand curve
Views: 284 Tamra Carl
Perfect Competition Labor Market
Describes the graph of the PC Labor Market and how to find the optimal quantity of workers.
Views: 387 Tamra Carl
Balance of Payments   Current and (Financial) Capital Accounts
Describes what categories go into the current account and the capital account and how the government balances it.
Views: 258 Tamra Carl
Land and Capital in the Factors Market
Describes the graphs for these resources and the payment they are measured in.
Views: 672 Tamra Carl
Monopolies 4 Life I Rockonomics 2018
Music Parody of Love the Way you Lie by Eminem
Views: 47 Tamra Carl
Money Market Graph
Describes the Money Market graph and the measurement of the nominal interest rate.
Views: 202 Tamra Carl
Describes the difference between the short run and the long run and the different components of these 2 cost curves.
Views: 307 Tamra Carl
Explaining Curves of Externalities
Explaining relationship of the social and private cost and benefit curves in an externality
Views: 84 Tamra Carl
MR = MC is the Profit Maximizing Output (P.M.O)
Describes why MR=MC is the profit maximizing output and why the output before and after is not the profit maximizing output
Views: 200 Tamra Carl
Positive Externality
Describes the graph of a positive externality and how to correct it.
Views: 325 Tamra Carl
Monopsony Labor Market
Describes the look of the Monopsony labor market and how to find the wage rate and the optimal number of workers.
Views: 534 Tamra Carl
Negative Externalities
Describes the graph and how the government corrects for negative externalities
Views: 213 Tamra Carl
Economic vs. Accounting Profit
Describes how to calculate the two profits and compare their different values.
Views: 2562 Tamra Carl
Taxes, Elasticity, and DWL
Describes the impact a tax has on DWL based on the elasticity of demand and supply
Views: 473 Tamra Carl
Intro to Economic Indicators & the Circular Flow Diagram
Intro to major economic indicators: GDP, Unemployment, Inflation. The Circular Flow Diagram explained on the macroeconomic level
Views: 262 Tamra Carl
Fiscal Policy
Describes the tools of government spending and taxation used by the government to reach full employment
Views: 160 Tamra Carl
Perfect Competition (PC):  Long-Run Equilibrium
Describes Perfect Competition (PC) getting to long-run equilibrium and the efficiencies achieved.
Views: 515 Tamra Carl
Welfare Analysis CS PS TS
Describes Welfare Analysis for Consumer Surplus, Producer Surplus, Producer Surplus, and Total Surplus
Views: 361 Tamra Carl
Money Multiplier Screencast
Describes how money is created through loans in the Fractional Banking System
Views: 192 Tamra Carl
The Supply Curve
describes the shape of the supply curve and it relationships
Views: 176 Tamra Carl
MU and Consumer Surplus
Explains how to solve for utility maximization and then figure out consumer surplus
Views: 332 Tamra Carl
Loanable Funds Market
Describes the loanable funds graph and how it is measured by the real interest rate
Views: 251 Tamra Carl
Factors Market Demand Curve
Explains why the Demand for Labor or MRP looks the way it does
Views: 397 Tamra Carl
Shifting the Supply Curve
Describes the determinants of supply and how they shift the supply curve.
Views: 336 Tamra Carl
Explains what goes into the asset and liabilities sides of a T-account.
Views: 98 Tamra Carl
Bilateral Monopsony
Describes the graph of a Bilateral Monopsony and the goals of unions.
Views: 498 Tamra Carl
Ceilings and Floors
Describes Price Controls set by the government and the impact it has on Consumer Surplus, Producer Surplus and Deadweight Loss
Views: 273 Tamra Carl
Foriegn Exchange Market
Describes the depreciation and appreciation of currencies during trade.
Views: 179 Tamra Carl