Videos
AP Microeconomics
Pick a topic to watch.
6 video lessons
8:34
Topic 1
Basic Economic Concepts
A day has only twenty-four hours. Think what you want to fit into one: sleep, school, homework, sport, time with friends. Add it up honestly and it comes to…
10:39
Topic 2
Supply and Demand
Why does a cup of coffee cost what it costs? Nobody decided it. There is no committee and no official price list. There are only buyers, who want more when it…
8:56
Topic 3
Production, Cost & Perfect Competition
Picture a small bakery with one kitchen and one oven. Hire your first baker and you get thirty extra loaves a day. Hire a second and you get twenty-six more. A…
8:32
Topic 4
Imperfect Competition
Look outside the textbook. A car company sets its own price. Your city has one water supplier, and no second one to choose. These firms do not take the price…
7:56
Topic 5
Factor Markets
Two workers. One sews shirts in a clothing factory. The other builds cars on an assembly line. The second earns far more. Why? In this unit the firm is the…
8:21
Topic 6
Market Failure and the Role of Government
Look at this factory. Somebody bought what it makes, and somebody was paid to make it. Both sides are happy with the price. But the smoke is not in that price.…