Microeconomics is all about how individual actors make decisions. Learn how supply and demand determine prices, how companies think about competition, and more! We hit the traditional …

Microeconomics is all about how individual actors make decisions. Learn how supply and demand determine prices, how companies think about competition, and more!

Microeconomics is all about how individual actors make decisions. Learn how supply and demand determine prices, how companies think about competition, and more! We hit the traditional …

In this video, we introduce the field of economics using quotes from the person that many consider to be the "father" of economics: Adam Smith. Topics include the definition of …

Macroeconomics Unit 1: Basic economics concepts Introduction to macroeconomics Opportunity cost and the Production Possibilities Curve Comparative advantage and the gains from trade …

Fundamental concepts like scarcity, opportunity cost, and supply and demand form the basis for the study of macroeconomics. How can individuals and nations engage in mutually …

Introduction to economics Scarcity Scarcity and rivalry Four factors of production

In this video, we introduce the field of economics using quotes from the person that many consider to be the "father" of economics: Adam Smith. Topics include the definition of …

Learn Optimal Decision-making and opportunity costs Accounting profit vs economic profit Introduction to utility

The study of economics is sometimes broken down into two disciplines: microeconomics and macroeconomics. Microeconomics examines the interactions of buyers and sellers in …