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A Comprehensive Study Guide

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Study Guide - Learn with Videos

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Introduction to Economics

  • Guided course
    Defining Economic Terms: Scarcity, Trade-offs, and Opportunity Costs
    04:30
  • Guided course
    Definition of Economics: Micro vs. Macro
    02:04
  • Guided course
    Economic Systems
    01:42

Three Key Economic Ideas

  • Guided course
    Marginal Analysis
    09:36
  • Guided course
    People Are Rational
    02:02
  • Guided course
    Economic Incentives
    01:40

Production Possibilities Frontier (PPF) - Introduction and Productive Efficiency

  • Guided course
    Understanding the PPF
    06:23
  • Guided course
    PPF - Attainable and Efficient
    04:48

PPF - Increasing Marginal Opportunity Costs and Allocative Efficiency

  • Guided course
    PPF - Graphing Increasing Marginal Opportunity Costs
    03:33
  • Guided course
    PPF - The Law of Increasing Opportunity Costs
    05:04

PPF - Outward Shifts

  • Guided course
    PPF - General Economic Growth
    01:55
  • Guided course
    PPF - Technological Advances in an Industry
    02:49

PPF - Comparative Advantage and Absolute Advantage

  • Guided course
    Opportunity Costs and Comparative Advantage
    04:36
  • Guided course
    Different PPFs and Absolute Advantage
    02:03

PPF - Comparative Advantage and Trade

  • Guided course
    Comparative Advantage and Specialization in Trade
    05:30

Factors of Production

  • Guided course
    Human Capital and Entrepreneurship
    02:08
  • Guided course
    Land, Labor, and Physical Capital
    03:09

Circular Flow Diagram

  • Guided course
    Households and Firms
    01:32
  • Guided course
    The Circular Flow Diagram
    04:20

Introduction to Supply and Demand

  • Guided course
    Perfect Competition
    03:23

The Basics of Demand

  • Guided course
    The Basics of Demand
    06:02

Shifting Demand

  • Guided course
    Substitute and Complementary Goods
    01:27
  • Guided course
    Shifting Demand
    03:59
  • Guided course
    Consumer Preferences
    01:44

The Basics of Supply

  • Guided course
    The Basics of Supply
    02:43

Shifting Supply

  • Guided course
    Shifting Supply
    01:56
  • Guided course
    Nature
    01:00
  • Guided course
    Technology
    01:39

Supply and Demand Together: Equilibrium, Shortage, and Surplus

  • Guided course
    Equilibrium
    02:41
  • Guided course
    Law of Supply and Demand
    02:43
  • Surplus and Shortage
    02:56

Supply and Demand Together: One-sided Shifts

  • Guided course
    Demand Shifts
    04:26
  • Guided course
    Supply Shifts
    03:36

Supply and Demand Together: Both Shift

  • Guided course
    Results of Both Shifting
    06:34
  • Guided course
    Shift in Both Supply and Demand
    07:32

Expenditure Approach for Measuring GDP

  • Guided course
    Calculating GDP Using the Expenditure Approach
    02:31

Detailed Explanation of GDP Components

  • Guided course
    Government Purchases and Net Exports
    02:12
  • Guided course
    Consumption
    02:38
  • Guided course
    Investment
    02:01

Calculating GDP Using the Income Approach

  • Guided course
    Comparison of U.S. GDP Calculation
    03:07
  • Guided course
    Calculating GDP Using the Income Approach
    07:44

Value Added Method for Measuring GDP

  • Guided course
    GDP and the Value-Added Approach
    02:21

Shortcomings of GDP

  • Guided course
    Shortcomings of GDP
    02:21

Nominal GDP and Real GDP

  • Guided course
    Nominal GDP and Real GDP
    09:15
  • Guided course
    Inflation and the GDP Deflator
    03:04

Labor Force and Unemployment

  • Guided course
    Problems with Measuring Unemployment
    04:35
  • Guided course
    Labor Force and Unemployment
    05:58

Types of Unemployment

  • Guided course
    Frictional, Structural, and Cyclical Unemployment
    05:44
  • Guided course
    Definition of Full Employment
    02:44

Unemployment: Minimum Wage Laws and Efficiency Wages

  • Guided course
    Unemployment: Efficiency Wages
    02:18
  • Guided course
    Unemployment: Minimum Wage Laws
    04:58

Inflation and Consumer Price Index (CPI)

  • Guided course
    Calculating CPI and Inflation Rate
    08:35
  • Guided course
    Consumer Price Index (CPI)
    04:40
  • Guided course
    Inflation
    03:34

Problems with the Consumer Price Index (CPI)

  • Guided course
    Problems with CPI
    05:24

Using CPI to Adjust for Inflation

  • Guided course
    Using CPI to Adjust for Inflation
    04:34
  • Guided course
    Using CPI to Adjust for Inflation
    02:49

Nominal Interest, Real Interest, and the Fisher Equation

  • Guided course
    Nominal Interest, Real Interest, and the Fisher Equation
    05:05

Costs of Inflation: Shoe-leather Costs and Menu Costs

  • Guided course
    Costs of Inflation: Shoe-leather Costs, Menu Costs, and Tax Costs
    04:37

Who is Affected by Inflation?

  • Guided course
    Who is Affected by Inflation?
    05:58

Long-Run Economic Growth

  • Guided course
    Economic Growth
    02:07

Productivity and the Per-Worker Production Function

  • Guided course
    Per-Worker Production Function:Change in Technology
    02:27
  • Guided course
    Catch-up Effect
    05:51
  • Guided course
    Per-Worker Production Function
    05:02

Investment, Savings, and the Financial System

  • Guided course
    Investment and Savings
    02:01
  • Guided course
    The Financial System
    02:10

Stocks, Bonds, and Mutual Funds

  • Guided course
    Mutual Fund Definitions
    02:47
  • Guided course
    Bond Definitions
    02:11
  • Guided course
    Stock Definitions
    02:52

Risk and Diversification

  • Guided course
    Efficient Markets Theory, Random Walk, and Irrational Behavior
    04:01
  • Guided course
    Market Risk and Firm-specific Risk
    05:40

Calculating Bond and Stock Prices

  • Guided course
    Calculating Stock and Bond Price
    05:16

Time Value of Money Calculations

  • Guided course
    Time Value of Money Calculations
    06:28