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Video – Crises of Capitalism

Posted by on Aug 14, 2011 in Economic Systems, Financial Crisis | 0 comments

[youtube=http://www.youtube.com/watch?v=qOP2V_np2c0]

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Economic Fallacies

Posted by on Jul 25, 2011 in Fallacies, Fundamentals of Economics | 0 comments

Economic Fallacies

The Fallacy of Composition  What is true for an individual in not necessarily true for the economy as a whole  What is good/bad for an individual is not automatically good/bad for society as a whole. Example: Higher food prices are a problem for all Canadians.   The Post Hoc Fallacy  Derived from Latin phrase post hoc ergo propter hoc “after this therefore because of this”  As known as the ‘Cause and Effect’ Fallacy  Just because event A happened before event B, it doesn’t mean that event A caused event B  The...

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Definitions

Posted by on Jul 25, 2011 in Fundamentals of Economics, Introduction | 0 comments

Definitions

Economics is a  social science seeking to analyze and describe the production, distribution, and consumption of goods and services. It is the study of the choices people make to cope with scarcity. Micro vs. Macro Economics  Microeconomics examines the economic behaviour of individual units such as businesses and households in the face of scarcity and government interactions, as well as the economic consequences of these decisions on other actors.  Macroeconomics examines an economy as a whole with a view to understanding the interaction...

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Demand Determinants

Posted by on Jul 24, 2011 in Content, Demand, The Market | 0 comments

Demand Determinants

Demand determinants are factors that will shift the demand curve.

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AP Economics Review

Posted by on May 9, 2011 in AP Material | 0 comments

AP Economics Review

[youtube=http://www.youtube.com/watch?v=bSv5ioRsNtY] Review Videos

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AP Economics – Factor Markets

Posted by on Jan 20, 2011 in AP Material | 0 comments

AP Economics – Factor Markets

[youtube=http://www.youtube.com/watch?v=rnEFtyMzjOo] [youtube=http://www.youtube.com/watch?v=7Bv5YdVHN3E&feature=related] [youtube=http://www.youtube.com/watch?v=kQc2YAbyI-k&feature=related] [youtube=http://www.youtube.com/watch?v=D649L99JjnY&feature=related]

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AP Economics: Monopolistic Competition

Posted by on Jan 6, 2011 in AP Material | 0 comments

AP Economics: Monopolistic Competition

[youtube=http://www.youtube.com/watch?v=aboVjX-wbv4&feature=related] [youtube=http://www.youtube.com/watch?v=erdzOu3juNI]

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AP Material – Oligopolies and Game Theory

Posted by on Dec 7, 2010 in AP Material | 0 comments

AP Material – Oligopolies and Game Theory

Content: Oligopolies Kinked Demand Game Theory [youtube=http://www.youtube.com/watch?v=0GISzf3GjM0] [youtube=http://www.youtube.com/watch?v=AOEbJF0k8vM&feature=related] [youtube=http://www.youtube.com/watch?v=CDKlaxeKVGw]

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AP Material – Monopolies

Posted by on Nov 29, 2010 in AP Material | 0 comments

AP Material – Monopolies

[youtube=http://www.youtube.com/watch?v=7UWgKZsKZOc] [youtube=http://www.youtube.com/watch?v=lZfbZDK0hLw&feature=related] [youtube=http://www.youtube.com/watch?v=YNcPxPz9fng&feature=related] [youtube=http://www.youtube.com/watch?v=F9qw7LeeCKw&NR=1] [youtube=http://www.youtube.com/watch?v=jXHkKK0u21o&feature=related] [youtube=http://www.youtube.com/watch?v=A2ePDt6-k8Q&feature=related]

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AP Material: Cost Curves, Perfect Competition and Monopolies

Posted by on Nov 11, 2010 in AP Material | 0 comments

AP Material: Cost Curves, Perfect Competition and Monopolies

[youtube=http://www.youtube.com/watch?v=UI-LL8-dVAs] [youtube=http://www.youtube.com/watch?v=oj72z5kDZwo] [youtube=http://www.youtube.com/watch?v=9Hxy-TuX9fs] [youtube=http://www.youtube.com/watch?v=61GCogalzVc] [youtube=http://www.youtube.com/watch?v=J_tdZZkRvbg] [youtube=http://www.youtube.com/watch?v=7UWgKZsKZOc]

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