Economists Do It With Models

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Entries Tagged as 'Videos'

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Want To Watch Econgirl Talk About Incentives?

July 28th, 2010 · No Comments
Behavioral Econ · Fun With Data · Incentives · Videos

As I mentioned in my last post, one of my functions as econgirl is to go around to schools and companies and talk about economics, and I figured that I would share a bit of that with you here. This particular talk was about incentives- when they work, when they don’t, and how consumers [...]

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Tags: Behavioral Econ · Fun With Data · Incentives · Videos

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Videos: Fun With Price Floors…

June 1st, 2010 · 1 Comment
Videos

Since I talked about price ceilings last week, I figured it was only fair to talk about price floors…the first video gives an introduction, and the second one goes through some math and general properties of price floors. The end of the second video could be interesting for you even if you don’t care [...]

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Videos: What On Earth Are “Comparative Statics” Anyway?

May 14th, 2010 · 1 Comment
Econ 101 · Videos

Economists use the term “comparative statics” to refer to changes in equilibrium. I talked before about how the forces of supply and demand come together to determine prices and quantities in a market, and now we can look at what happens to those equilibrium prices and quantities when there is a shock to supply, [...]

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Tags: Econ 101 · Videos

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Videos: And Here You Thought You Were Done With Elasticity…

April 13th, 2010 · No Comments
Videos

So in reading the multitude of (bad) textbooks that I get to go through for my job, it became apparent that people really like to talk about the relationship between elasticity of demand and the amount of revenue a company can generate. So here you go. I swear it’s interesting, or at least [...]

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Videos: More Than You Ever Wanted To Know About Elasticity…

March 10th, 2010 · 4 Comments
Econ 101 · Videos

I suppose an alternate title could be “A Lesson on Elasticity in Four Parts.” Elasticity is an important concept, since it’s used extensively throughout both microeconomics and macroeconomics, so I guess you can’t learn too much about it, right?

The first video introduces the concept of price elasticity of demand and shows how it’s calculated [...]

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Tags: Econ 101 · Videos