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Jason Welker
Registrace 17. 12. 2006
Video lessons for introductory Economics students, focusing on Micro, Macro and International Economics topics.
Teaching and learning Economics REMOTELY
Many of you are stuck at home during these difficult times. This is just a reminder that just because you're away from school doesn't mean you have to miss out on great economics lectures and lessons. To support teachers and students with their online teaching and learning, I've put all my digital economics learning resources at 50% off until this crisis is over.
econclassroom.com
econclassroom.com
zhlédnutí: 28 723
Video
Welcome to Economics - 2019!
zhlédnutí 10KPřed 4 lety
For all new AP Micro, AP Macro, and IB Economics resources head to EconClassroom.com. Subscribe to this channel and follow my playlists as you make your way through your Econ classes this year to get the best online instruction available.
Fiscal Policy's effects on Long-run Economic Growth
zhlédnutí 22KPřed 5 lety
econclassroom.com Can fiscal policies be used to promote long-run economic growth? It turns out that some types of tax cuts and some categories of government spending WILL promote a long-run increase in a country's potential output; but not all types of fiscal stimulus have the same effect on economic growth.
Automatic stabilizers in Fiscal Policy
zhlédnutí 14KPřed 5 lety
econclassroom.com Fiscal policy is a great tool for managing the level of aggregate demand and promoting a country's macroeconomic objectives. However, it can take months or longer for elected officials to decide on a course of action following a recession or inflation. Good thing there are automatic stabilizers built into most governments' budgets! This video explains and illustrates how autom...
Expansionary Fiscal Policy and the Tax Multiplier
zhlédnutí 34KPřed 5 lety
Policymakers possess a handful of tools with which to respond to macroeconomic shocks. In this video we'll introduce fiscal policy, and illustrate and explain how the tools it offers can be used to help close a recessionary gap.
Contractionary Fiscal Policy in the AD-AS model
zhlédnutí 23KPřed 5 lety
When an economy is "overheating" and has an inflationary gap, policymakers may choose to respond by engaging in contractionary fiscal policies. This video outlines and illustrates the effect of contractionary policies using the AD-AS model.
The Multiplier Effect in the AD-AS model
zhlédnutí 33KPřed 5 lety
Whenever spending increases by households, firms, the government, or foreingers, a country's aggregate demand will increase. However, the total increase in AD will be greater than the initial increase in spending! In this video we'll explain and illustrate how the Keynesian spending multiplier affects real GDP in an economy following an increase in either consumption, investment, government spe...
The MPC, the MPS and the Keynesian spending multiplier
zhlédnutí 101KPřed 5 lety
We know that an increase in spending will lead to an increase in GDP. But did you know that when one component of AD increases, it will lead to a larger overall increase in AD across the economy? This video introduces the marginal propensities to consume and save and the Keynesian spending multiplier, which allows us to estimate the degree by which a particular change in spending will impact ov...
Economic growth in the AD-AS model
zhlédnutí 24KPřed 5 lety
In this video we'll define economic growth and show how to illustrate it in the AD-AS model. We'll also distinguish between "recover" and "growth" and short-run vs. long-run economic growth.
Long-run Equilibrium in the AD-AS Model
zhlédnutí 53KPřed 5 lety
In our final video on equilibrium in the AD-AS model we'll look at what happens in the long-run following a negative and a positive output gap. When wages and other input costs have had time to fully adjust to the price level in the economy, output will return to its full employment level. econclassroom.com
Demand and Supply Shocks in the AD-AS Model
zhlédnutí 110KPřed 5 lety
In our last video we looked at inflationary and recessionary gaps in the AD/AS model. In this lesson we'll examine what causes output gaps: negative and positive shocks to aggregate demand and aggregate supply. econclassroom.com
Back to school 2019 - Master economics this year! 20% off all class notes through August!
zhlédnutí 12KPřed 5 lety
RECEIVE 20% OFF A COMPLETE SET OF AP MACRO, AP MICRO, OR IB ECONOMICS CLASS NOTES WITH THE COUPON CODE "AUGECONSALE" BETWEEN NOW AND THE END OF AUGUST! AP Macro class notes: econclassroom.com/?product=class-notes-ap-macroeconomics AP Micro class notes: econclassroom.com/?product=class-notes-ap-microeconomics IB Economics class notes: econclassroom.com/?product=class-notes-ib-economics-sl-and-hl...
IS THIS THE HARDEST IB ECON QUESTION EVER?! (Moscow World Cup ticket pricing)
zhlédnutí 4,4KPřed 5 lety
Many students and teachers have told me they had no idea how to solve this problem! When I first looked at it, I admit, I was stumped. While it may at first glance be the hardest IB Econ problem ever, it actually has a really simple solution! econclassroom.com
Short-run Equilibrium in the AD-AS Model
zhlédnutí 34KPřed 5 lety
A country's economy at any given time can be either "too hot" (inflationary gap), "too cold" (recessionary gap), or "just right" (producing at full employment). In this video we examine the different levels of short-run equilibrium national output an economy can achieve in the AD-AS model. econclassroom.com
Long-run Aggregate Supply and the Keynesian AS model
zhlédnutí 34KPřed 5 lety
When wages are fully flexible and adjust the the price level, firms will always be willing to produce the same level of output and employ the same number of workers. In this video we explore the difference between the SRAS model, the LRAS model, and a hybrid model of aggregate supply called the Keynesian AS model. econclassroom.com
Movements along Aggregate Demand vs. Shifts in AD
zhlédnutí 42KPřed 5 lety
Movements along Aggregate Demand vs. Shifts in AD
Calculating a Consumer Price Index (CPI)
zhlédnutí 328KPřed 6 lety
Calculating a Consumer Price Index (CPI)
Factors that can cause the Natural Rate of Unemployment to change
zhlédnutí 8KPřed 6 lety
Factors that can cause the Natural Rate of Unemployment to change
Types of Unemployment, the Business Cycle, and the Natural Rate of Unemployment (NRU)
zhlédnutí 7KPřed 6 lety
Types of Unemployment, the Business Cycle, and the Natural Rate of Unemployment (NRU)
Limitations of GDP (gross domestic product)
zhlédnutí 21KPřed 6 lety
Limitations of GDP (gross domestic product)
The Labor Force Participation Rate (LFPR)
zhlédnutí 38KPřed 6 lety
The Labor Force Participation Rate (LFPR)
Every AP MICRO graph (25!!) explained in 12 minutes!!
zhlédnutí 68KPřed 6 lety
Every AP MICRO graph (25!!) explained in 12 minutes!!
Every AP MACRO Graph EXPLAINED in 10 minutes!
zhlédnutí 21KPřed 6 lety
Every AP MACRO Graph EXPLAINED in 10 minutes!
Factors that can Shift a Firm's Short run Costs of Production
zhlédnutí 19KPřed 6 lety
Factors that can Shift a Firm's Short run Costs of Production
Taxes and Subsidies' Effects on the Government Budget
zhlédnutí 26KPřed 6 lety
Taxes and Subsidies' Effects on the Government Budget
Hey man, you probably just saved my Political Economy final… I’ll let you know!
Why the MR is not Demand curve?
wow
wow
thank you, this was very clear 🙏🏼
Thank you for well explanation🙏🙏
This was so helpful. Thank you, Mr. Welker.
Next month? My exam is in 6 hours 💀
OMW!!!!!!!!!!! This was what I needed!! Thank you, sir.
You're so helpful! I owe my midterms to you, thanks a lot!!!!
had to watch this in eco many times I hated it
love u jit
amazing
this was posted 12 years ago when i was 6 and here i am watching this right before my economics exam lol. thanks so much this was very helpful!
How did uh took tht tp total product number 🤔
Thank you for the video, it clarifies everything .
Oh I understand it at once!!!! You help me a lot!!! Thanks!!!
Good morning sir. Please explain rise and run again in simple way, similarly if price 1$ increase, how much does the qty demand fall using rise and run concept. Sir when price is decreasing and why do we say, it's rise rather we should say fell and run. Your comments please. Thanks and Regards Raja Aurangzeb from Lahore Pakistan.
Conclusion: Buy drugs
Good evening sir. Thanks a lot
This is what I want for, a big thanks to you ❤
Thank you for saving me from flunking my finals
This was a good video
thank you so much for these videos, you saved my life!
Awesome, clear and understandable
very well explained !Good job
Soooo clear, thank you sir
Why we didn’t use 2017 as base year for 2018 while calculating CPI for 2018 why was it still 2016?thanks
Wow you can really explain complicated things in a quite clear way!!! Thanks a lot.
Where do you get marginal cost and aberage total cost
nice
Hmm
Thanks
Thank youuuu sooooooo much!!!❤🤌🙏
how the aggregate supply of classicals we get from labour market ? why we said output is aggregate supply? eventhough the assumptions of classicals said price, wages and interest rate flexible. Why aggregate supply remains unchanged or fix?
How u find equlibrium quantity
Inspiring
Mr.Welker thank you so much
Population growh✖️ population growth ✅
Hi 2024 ❤
You have an excellent Channel. Thank you!
The best explanation i could get till now. Thankyou sir my 6month old doubt just got cleared . You teach very well .
but if we have a percentage subsidy (example 70% of total expenditure, so an ad valorem subsidy), how is the exercise constructed? how supply and demand curve slopes change?
For the determinants there are a couple missing, at least from my ib economics study guide that the school provided: 1.Worker Remittances 2.Central Bank Intervention BUt thank you for the acronym and the video, it was very useful
trying to be a smart ass lol
@@markmohammed1405 not really, I’m tryna tell him that he missed some important ones that I needed an explanation for
Thank you Jason for this
Why did you not talk more about the dots ? instead of going fast over them w
My AP exam savior
Mmmm you are good , this is my first time commenting on learning videos
Your videos on macroeconomics are the first ones I understand, trust me I searched a lot of them. Thank you!