Microeconomics & Macroeconomics
Study individual segments in the economy from personal to business issues, all the way upto the whole economy such as governments and countries. Created by Khan Academy.
Average Course Length
20 hours
Skill Level
Intermediate
Pick a lesson
1: Production Possibilities Frontier
2: Opportunity Cost
3: Increasing Opportunity Cost
4: Allocative Efficiency and Marginal Benefit
5: Economic Growth through Investment
6: Comparative Advantage Specialization and Gains from Trade
7: Comparative Advantage and Absolute Advantage
8: Law of Demand
9: Price of Related Products and Demand
10: Changes in Income, Population, or Preferences
11: Normal and Inferior Goods
12: Inferior Goods Clarification
13: Law of Supply
14: Factors Affecting Supply
15: Market Equilibrium
16: Changes in Market Equilibrium
17: Price Elasticity of Demand
18: More on Elasticity of Demand
19: Perfect Inelasticity and Perfect Elasticity of Demand
20: Constant Unit Elasticity
21: Total Revenue and Elasticity
22: More on Total Revenue and Elasticity
23: Cross Elasticity of Demand
24: Elasticity of Supply
25: Elasticity and Strange Percent Changes
26: Demand Curve as Marginal Benefit Curve
27: Consumer Surplus Introduction
28: Total Consumer Surplus as Area
29: Producer Surplus
30: Rent Control and Deadweight Loss
31: Minimum Wage and Price Floors
32: Taxation and Dead Weight Loss
33: Percentage Tax on Hamburgers
34: Taxes and Perfectly Inelastic Demand
35: Taxes and Perfectly Elastic Demand
36: Marginal Utility
37: Equalizing Marginal Utility per Dollar Spent
38: Deriving Demand Curve from Tweaking Marginal Utility per Dollar
39: Budget Line
40: Optimal Point on Budget Line
41: Types of Indifference Curves
42: Economic Profit vs Accounting Profit
43: Depreciation and Opportunity Cost of Capital
44: Fixed, Variable, and Marginal Cost.
45: Visualizing Average Costs and Marginal Costs as Slope
46: Marginal Cost and Average Total Cost
47: Marginal Revenue and Marginal Cost
48: Marginal Revenue Below Average Total Cost
49: Long Term Supply Curve and Economic Profit
50: Perfect Competition
51: Monopoly Basics
52: Monopolist Optimizing Price (part 1)- Total Revenue.
53: Monopolist Optimizing Price (part 2)- Marginal Revenue
54: Monopolist Optimizing Price (part 3)- Dead Weight Loss.avi
55: Optional Calculus Proof to Show that MR has Twice Slope of Demand
56: Review of Revenue and Cost Graphs for a Monopoly
57: Oligopolies and Monopolistic Competition
58: Monopolistic Competition and Economic Profit
59: Oligopolies, Duopolies, Collusion, and Cartels
60: Prisoners' Dilemma and Nash Equilibrium
61: More on Nash Equilibrium
62: Why Parties to Cartels Cheat
63: Game Theory of Cheating Firms
64: Negative Externalities
65: Taxes for Factoring in Negative Externalities
66: Positive Externalities
67: Tragedy of the Commons
68: First Degree Price Discrimination
69: A Firm's Marginal Product Revenue Curve
70: How Many People to Hire Given the MPR curve
71: Adding Demand Curves
72: Circular Flow of Income and Expenditures
73: Parsing Gross Domestic Product
74: More on Final and Intermediate GDP Contributions
75: Investment and Consumption
76: Income and Expenditure Views of GDP
77: Components of GDP
78: Examples of Accounting for GDP
79: Real GDP and Nominal GDP
80: GDP Deflator
81: Example Calculating Real GDP with a Deflator
82: Introduction to Inflation
83: Actual CPI-U Basket of Goods
84: Phillips Curve
85: Interest as Rent for Money
86: Money Supply and Demand Impacting Interest Rates
87: The Business Cycle
88: Aggregate Demand
89: Shifts in Aggregate Demand
90: Long-Run Aggregate Supply
91: Short Run Aggregate Supply
92: Demand-Pull Inflation under Johnson
93: Real GDP driving Price
94: Cost Push Inflation
95: Monetary and Fiscal Policy
96: Tax Lever of Fiscal Policy
97: Breakdown of Gas Prices
98: Short-Run Oil Prices
99: Keynesian Economics
100: Risks of Keynesian Thinking
101: Overview of Fractional Reserve Banking
102: Weaknesses of Fractional Reserve Lending
103: Full Reserve Banking
104: Money Supply- M0 M1 and M2
105: Simple Fractional Reserve Accounting (part 2)
106: MPC and Multiplier
107: Mathy Version of MPC and Multiplier (optional)
108: Consumption Function Basics
109: Generalized Linear Consumption Function
110: Consumption Function with Income Dependent Taxes
111: Keynesian Cross
112: Details on Shifting Aggregate Planned Expenditures
113: Keynesian Cross and the Multiplier
114: Investment and Real Interest Rates
115: Connecting the Keynesian Cross to the IS-Curve
116: Loanable Funds Interpretation of IS Curve
117: Polyalphabetic Cipher
118: LM part of the IS-LM model
119: Government Spending and the IS-LM model
120: Balance of Payments- Current Account
121: Balance of Payments- Capital Account
122: Why Current and Capital Accounts Net Out
123: Accumulating Foreign Currency Reserves
124: Using Reserves to Stabilize Currency
125: Financial Crisis in Thailand Caused by Speculative Attack
126: Math Mechanics of Thai Banking Crisis
127: Greek Debt Recession and Austerity (part 1)
128: Greek Financial Crisis (part 2)
129: How and why Greece would leave the Euro (part 3)
130: Why Europe is worried about Greece
131: LeBron asks about free throws versus three pointers