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Jason Welker
AP Macro Unit 1 - Basic Economic Concepts
24,524 views
18 items
Last updated on Mar 19, 2018
public playlist
Jason Welker
6:46
Scarcity, the Basic Economic Problem
Jason Welker
14:12
Scarcity, Opportunity Cost and the PPC
Jason Welker
12:28
The Law of Increasing Opportunity Cost and the PPC Model
Jason Welker
10:43
Economic Growth in the PPC - the capital v. consumer goods tradeoff
Jason Welker
6:51
Decreasing Opportunity Costs in the PPC Model
Jason Welker
9:14
Determining Absolute and Comparative Advantage
Jason Welker
6:21
Determining comparative advantage from an input table AP Economics
Jason Welker
9:57
The Gains from International Trade in the PPC Model
Jason Welker
9:35
Terms of Trade and the Gains from Specialization based on Comparative Advantage
Jason Welker
3:05
Can two Countries Benefit from Trade if neither has a Comparative Advantage?
Jason Welker
11:25
The Law of Demand
Jason Welker
5:53
Changes in Demand versus Changes in Quantity Demanded
Jason Welker
11:08
The Determinants of Demand
Jason Welker
14:31
The Law of Supply and the Determinants of Supply
Jason Welker
8:17
Why does Supply slope upwards? (The law of increasing opportunity cost and supply)
Jason Welker
9:18
Market Equilibrium, Disequilibrium and Allocative Efficiency
Jason Welker
6:27
Market Equilibrium - Changes in demand OR supply
Jason Welker
6:14
Market Equilibrium - Changes in demand AND supply