Video Lessons & Review

M46

Mr. Clifford's Elasticity of Demand

The Income and Substitution Effect - WHY does Demand Slope Downwards?

Price Elasticity of Demand Formula and Interpretation (part 1)

Price Elasticity of Demand Formula and Interpretation (part 2)

M47

The Determinants of Price Elasticity of Demand

The Total Revenue Test of Price Elasticity of Demand ( part 1)

The Total Revenue Test of Price Elasticity of Demand (part 2)

M48

Cross Price Elasticity of Demand and its Determinants

Income Elasticity of Demand

Price Elasticity of Supply and its Determinants

The Determinants of Price Elasticity of Supply

Mr. Clifford: Elasticity Practice

M49

Welker: Consumer Surplus and Producer Surplus

Clifford: Consumer and Producer Surplus

M50

Clifford: Taxes on Producers

Additional Types of Questions We Need to Cover in M44

M44

Price Ceilings & Price Floors

Clifford: PC & PF and the change to CS & PS & DWL

Tariffs

Welker: Effects of a Tariff on PS & CS & Tax Revenue & DWL 

Subsidies

Welker: Effect of a Per Unit Subsidy on PS & CS & DWL

M51

Welker's Total & Marginal Utility Video

Welker's Utility Maximization Rule Video

Mr. Clifford Goes To Disney Land to Calculate the Marginal Utility Per Dollar

Mr. Clifford's Disneyland Spreadsheet 

M51 FRQ From Clifford Disneyland video

Key for FRQ (we didn't do (b)

Power Points

2.3 Elasticity of Demand

2.7 Cross-Price & Income Elasticity of Demand

2.4 Price Elasticity of Supply

Test Review

Unit 3 Test Topics Review Guide