Economists Do It With Models

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Welcome To Microeconomics 101!

If you’ve arrived at this page, you’re probably either a student, an instructor, or an individual just interested in learning (or relearning) some basic economics. Well, you’ve come to the right place. In partnership with YouTube and About.com, I am working on putting together a bunch of course materials in both video and written form that are freely available online.

If you want to go through the content in a structured way, check out one of the following features:

  • Econ 101 of the Day – a new article (or two) posted Monday-Thursday and corresponding practice problems posted on Fridays, going in the order of a typical microeconomics course (macroeconomics to follow if I don’t keel over first). You can also see the Econ 101 of the Day in the sidebar to the left.
  • Practice Problem of the Day – a new practice problem uploaded to YouTube every day, going in the order of a typical microeconomics course (again, macroeconomics to follow if I don’t keep over first). You can also see the practice problem of the day in the sidebar to the right or get notified of new videos by subscribing on YouTube.
  • A Complete Roadmap to Microeconomics 101 – Micro 101 broken down into units and modular topics, along with links for various forms of content (articles, videos, practice problems, and blog posts) added as content is completed.

If you just feel like browsing, check out the following:

Lastly, in order to make access to the videos and articles as easy as possible, I’ve made it so that you can search by topic, course, or textbook chapter. (Note: This cataloging is still somewhat of a work in progress, so use one of the links above as well so you can be sure to not miss anything!)

Search by topic:


Search by textbook chapter (Mankiw Principles of Economics, 6th Edition):


Search by textbook chapter (Mankiw Essentials of Economics, 5th Edition):


184 Comments

184 responses so far ↓

  • 1 Elaine Tan // Sep 10, 2009 at 8:45 pm

    YAY!

  • 2 Ryan // Sep 10, 2009 at 9:35 pm

    I think it is a good start!

  • 3 Daniel R // Sep 10, 2009 at 9:43 pm

    Hahaha. The PPF video is cute. :-)

  • 4 Christian G // Sep 11, 2009 at 3:57 pm

    This is great! It’s hard to convince non-econ-oriented people that they should pick up a book or download a .pdf lesson on Economics. A video lecture makes it easy to understand and sweet.

  • 5 Fred // Sep 11, 2009 at 5:19 pm

    Love the way you described the circular flow model. You are a fresh breath of air when it comes to teaching economics. Too bad for me that you are on the east coast. Keep on posting to YouTube so I can get a clear understanding of economics.

  • 6 Stephen // Sep 14, 2009 at 4:05 pm

    I like the PPF example. Unfortunately, it is wrong.
    From point D on the PPF, if you wanted more lawns, you would have Larry mow more lawns since his opportunity cost is 1 car. Thus the PPF has three sections with MRT (slope) 2, 1, and .5.

  • 7 econgirl // Sep 17, 2009 at 2:01 am

    @ Stephen: I wasn’t clear in the example about the assumption that the 4 points I labeled were the only options for production. You will hopefully be happy to see that I did a generalized treatment of the PPF in a follow up video. You can see it at:

  • 8 Pamela Beep // Sep 19, 2009 at 12:57 am

    I hope it is ok if I put a link to your website on my page…

  • 9 econgirl // Sep 19, 2009 at 2:15 am

    Please do! That is the beauty of the interwebs… :)

  • 10 Dan Grigoras // Sep 22, 2009 at 1:14 am

    Hey Econgurl!…I absolutely love your videos and your take on economics. I just started the PhD Econ program at Georgia Tech and I was searching for one of those sweet “Economists do it with models!” bumper stickers when I stumpled upon your site. I’ve told everyone in my program about it and they all love it! Just wanted to throw out some props. Thanks for being awesome.

    -A Fan named Dan.

  • 11 EL JAI // Sep 23, 2009 at 11:36 pm

    please have a look at my website and give me your opinion. I know it is not only about economics, but please I want to konw your opinion about it.

  • 12 EL JAI // Sep 25, 2009 at 10:20 am

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  • 13 Arthur Shead // Sep 25, 2009 at 8:56 pm

    Question off the beaten path:
    Do you have any economic relevance to lend to the HealthCare debate?

  • 14 Laice // Sep 27, 2009 at 9:58 pm

    OMG!
    YOU ARE A LIFE SAVER!

  • 15 John // Sep 29, 2009 at 10:17 am

    This is outstanding! You should be proud of yourself. (I am) I would be failing this online class if it were not for your guidance.

    Thanks!

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  • 17 Capone // Oct 3, 2009 at 3:45 pm

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  • 18 ZAK // Oct 5, 2009 at 10:40 am

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  • 19 Coach Myers // Oct 15, 2009 at 4:14 pm

    Is there a way to access or download your videos without Youtube? My high school students would benefit, as would my classroom on occasion, but unfortunately, our county blocks that particular website. You’ve got a great blog by the way.

  • 20 Richard // Oct 23, 2009 at 10:41 pm

    Hello, my name is Richard and I am currently taking Microeconomics at Penn State. Unfortunately, I am an active duty soldier also, so I have a lot to juggle. I am about 9 weeks into the semester and this class is killing me. I am in the Perfect Competition portion now. Can you recommend any additional study material that will help me out? Any advice would be greatly appreciated. Thanks!

  • 21 Saad // Oct 24, 2009 at 7:56 am

    you can check  etutoring.yolasite.com section ECO 100. hope you enjoy it. good Luck

  • 22 James // Oct 28, 2009 at 9:41 pm

    Jodi,
    Thanks a million for putting up your videos, especially the ones focusing on supply and demand. I’m taking Principles of Microeconomics (Honors) in an undergraduate BSBA program. Many of the concepts are difficult to grasp at first; however, your videos have helped me out a lot.
    =]
    James

  • 23 Nicholas Peters // Dec 1, 2009 at 4:16 pm

    Hello Jodi,

    Thanks for the MicroEconomics videos. They were very helpful because in college the professor was not very helpful in teaching it and I also was not mature to learn it. Is that the end of Chapter 16? Also will you put up other videos of other chapters? Finally, do you have any tests or exams to test people to make sure they understood the work?

    Thanks,
    Nicholas Peters

  • 24 jay jay // Dec 4, 2009 at 1:27 pm

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  • 25 Dilmurod // Dec 8, 2009 at 2:33 pm

    hey, very nice explanation, I like it. I think I solve my problem with PPF, haha I have a exam soon :)
    thanks & cheers!!!

  • 26 Nicholas Peters // Dec 8, 2009 at 3:38 pm

    I graduated from college and am painfully believing I need to know economics. I really would like to learn Micro and Macro, but I also need a few exams to test what I know. Does anyone know any resources I can use even though I am out of college or is nice enough to give me an exam and grade it to see how well I did on it? Also, I would have to learn the Micro and Macro before being tested. So, I would need some time to learn them.

  • 27 Travis // Jan 6, 2010 at 11:20 pm

    I’m just wondering how economist calculate utility? It makes no senses to me how someone can measure happiness.

  • 28 Daniel // Jan 9, 2010 at 9:28 pm

    nice lectures. its really distracting because i keep visualising you naked and thus losing my concentration on the actual teaching.

  • 29 Cristy // Feb 7, 2010 at 3:16 pm

    I love you video’s, they are the perfect supplement to my online macro economics class! I would love to see more video’s. Do you have any upcoming video’s in the works???

  • 30 Jester // Feb 8, 2010 at 2:04 am

    I wish more qualified people such as Econgirl would post videos like this series. Besides the obvious fact that Econgirl has a great presentation, the audio and illustrations are very clear in the technical sense.

    I really hope the missing chapters are filled in. Thanks for the great work.

  • 31 Zumar // Feb 18, 2010 at 5:53 am

    Your Lectures are as simple that any body may able to take insight depth of this biggy subject.Carry on in glamorous flavour

  • 32 AML // Feb 20, 2010 at 6:24 pm

    You are way more interesting than my prof! I come here to decipher what was said in his lecture. Thanks so much. You are a lifesaver!!!!!!!

  • 33 Hossam Issa // May 10, 2010 at 2:41 pm

    Thank you for the wonderful course. I really enjoy all the sessions and would rather understand from you more than from my MBA economics professor.

    Keep up the hard word.
    Hossam from Egypt

  • 34 Steve // May 17, 2010 at 12:31 am

    Are you going to complete the missing chapters? I’m at Ch5 now and will be at Ch10 by next week. Your Videos are a great complement to the text.
    Thanks!

  • 35 david dacruz // May 19, 2010 at 6:57 pm

    hey i just wanted to thank you i passed my class thanks to your videos they helped me alot during my studies
    by the way i’m watching your videos all the way in France and i will let people know about this blog

  • 36 luvbeingrich // May 27, 2010 at 1:21 am

    Thanks econgirl for the vids, there a great help for me.
    are there any vids that cover perfect competition, and monopoly market structures and how to determine production output of each?

    from australia,
    aZzI

  • 37 Tai // Jun 9, 2010 at 4:50 pm

    Please post videos starting micro and macro theory (intermediate econ). I am struggling with econ at the intermediate level and I find your explanation of introductory econ very well explained compared to my professors at Villanova University.

  • 38 Ashwin // Jul 6, 2010 at 2:49 am

    Great stuff :)

  • 39 Michael Marino // Aug 21, 2010 at 12:20 am

    I’m impressed with your stuff. And I want you to know I’ve done a cointegration test on you and I and it says we have a positive relationship in the long run! :)

  • 40 Peeki // Sep 4, 2010 at 9:46 am

    Hey Jodi, do you think you could make up some practice questions to go with your vids, or am i pushing it ? :P

  • 41 saqib // Sep 5, 2010 at 2:35 pm

    hi..!!nice work..

  • 42 saqib // Sep 5, 2010 at 2:41 pm

    would u please ans these MCQ’s:
    under perfect competition,the supply curve f a firm is the same as:
    a)MC curve B) MR curve c)Ar curve d)AC curce.

  • 43 saqib // Sep 5, 2010 at 2:44 pm

    actually its my exam question & i was cnfsd abt it.

  • 44 econgirl // Sep 5, 2010 at 7:31 pm

    The answer is a. Under perfect competition, firms are small enough so that they can’t drive down the market price by increasing output, so they take the price as given. Since firms want to keep producing more units as long as the money in from doing so covers the money out, they are going to produce as long as the price covers the marginal cost. Therefore, profit-maximization occurs where price equals marginal cost, and if you were to plot price vs. quantity supplied (the supply curve) and marginal cost vs. quantity (the MC curve), they would look the same.

  • 45 confidential // Sep 7, 2010 at 7:11 pm

    Your videos are very helpful. Thanks. Any chance you can do Macroeconomics too?

  • 46 Olufemi Obembe // Sep 12, 2010 at 7:05 am

    I need a complete DVD lecture of this course. How much will it cost me. Please reply.

  • 47 anonymous // Sep 26, 2010 at 4:58 pm

    Thank you, thank you, thank you!!!!!

  • 48 syed raza rizvi // Oct 11, 2010 at 2:07 pm

    i like ur teaching methode very good and polit

    im very thank full 2 u by thz lecture u will solve my micro economics problems

    once again thank u very much

  • 49 Easyad // Oct 14, 2010 at 6:00 pm

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  • 50 Diane Rouzaud // Oct 17, 2010 at 4:01 pm

    Thanks a million for helping to ‘get it’. Do you have anything on total utility and marginal utility measurements?

    I think your work is excellent and please don’t stop. We need you!

  • 51 sara // Oct 19, 2010 at 2:32 am

    I ran across your site and now I believe I may understand economics. I love this site. I only have one small request that many in my class have also (we all watch you).

    Could you help us understand the case studies more effectively?

  • 52 Jane // Oct 21, 2010 at 8:04 pm

    I now understand economics alot better thank you. You are very helpful.
    can you please tell me how to work out the demand and/or supply slope as i am getting a little confused
    and do you have any thing on macro?
    thank you again
    Jane

  • 53 Jerry // Dec 6, 2010 at 10:45 am

    Preparing for an Exam and you helped me ALOT Thank you Soooooooooooooooooo much and Great Job..

  • 54 Josh // Dec 7, 2010 at 5:06 pm

    Seriously? I think you perverts need to get a life. I thought exploiting women was supposed to be left at the strip clubs. This suits no educational purpose whatsoever. Shame on u!

  • 55 MyNameIsDenis-Inengite // Dec 11, 2010 at 1:08 pm

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  • 56 Simmon // Dec 11, 2010 at 1:46 pm

    Thank you so much for these wonderful lessons! This is great supplementary material to my Intro Economics course, as the prof prefers that we do not record his lectures.

    Cheers!

  • 57 Catherine // Jan 5, 2011 at 3:50 pm

    Do you also teach macroeconomics because if you do that would be a MASSIVE help ;)

  • 58 Tyler // Feb 2, 2011 at 6:58 pm

    Love your site. i left you an email on youtube asking you a question. Let me know…

  • 59 mohomud omer // Feb 5, 2011 at 9:27 am

    damn ..ur videos are hilarious ..B.sc of economics
    i ben trying to refresh ma mind i found usefull
    specailly in microeconomics ….tank u
    wish whole was like helping every 1 wit out payment

  • 60 John // Feb 8, 2011 at 9:00 am

    Hi Jodi, thanks for your wonderful econ videos, you are a superb teacher.

    Do you know any good texts or websites/youtube sites that instruct in International economics. I am especially interested in how geopolitical tensions affects the worlds financial markets.

  • 61 Frank Estrada // Feb 14, 2011 at 5:46 pm

    Jodi,
    Muchas Gracias ! I’m on my way to becoming ‘Efficient’ !
    Thanks from the good part of L.A.

  • 62 Darren // Feb 18, 2011 at 10:25 am

    Thanks for the great videos Jodi.
    Do you have anything on imperfect monopolistic competition.
    Regards
    Darren

  • 63 John // Feb 19, 2011 at 8:04 am

    Hi Jodi,

    An interesting article on oil shocks and recent relevant economic studies in this area:
    http://www.boston.com/bostonglobe/ideas/articles/2011/02/13/crude_reality/?page=full

    I don’t know if you are interested in this area, but I find this subject fascinating. Do you have any view on oil shock and peak oil topics? I would love to hear your views?

    Thanks once again, I love the econ videos, you have a real talent for teaching.

  • 64 Altaf Ahmad Khan // Feb 21, 2011 at 6:50 am

    Dear Madam.
    Have you such videos for Scholars of Economics? i am studying a book “micoeconomics analysis” 3rd edition which is written by Hal R. Varian.
    Thx

  • 65 malcolm // Feb 22, 2011 at 1:01 am

    Are you planning on covering more microeconomics? I suggest your videos to my
    adult students as a study aid but they stop before production and cost, profit maximization and market structure. I hope that you plan to extend the video library.

  • 66 Juanma // Mar 2, 2011 at 4:53 am

    Hi You are great…I pass my exam and it was thanks to you Thank you Thank you Thank you :-D

  • 67 Nassir // Mar 20, 2011 at 12:14 pm

    ThAaaAaaaaaAnk you very much, you just saved my life, I started to love Econ from your lessons.
    you are the best ;)

  • 68 jerry // Mar 29, 2011 at 11:17 pm

    I use to make videos for instructors at Mesa Community College (in Arizona). You do a good job with what you have, but with just a few tips on video production (plus asking me for my advice) you could deliver a super instruction. I have uploaded a couple of videos on video production. Search “bisbeejim” in youtube to find it or email me.

  • 69 Kishin // Apr 4, 2011 at 9:42 pm

    Hi

    Any plans on doing a video of Costs….and thank you for your work you much simpler to understand than my Tutor

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  • 71 Nikhil From India // May 2, 2011 at 5:58 am

    Thank-you very much….You did a superb job…
    Its very helpful to me

  • 72 Nikhil From India // May 4, 2011 at 3:23 am

    WHY DEMAND CURVE SLOPE DOWNWARDS?
    AND EXCEPTION TO THE LAW OF DEMAND ? is not there in the list of videos….
    Hope you upload it soon……
    Thanks……Nikhil

  • 73 Tony // May 11, 2011 at 3:04 pm

    Wow you are so incredibly awesome, economics girl. I love you.

  • 74 Me // May 21, 2011 at 4:16 am

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  • 75 ramya // Jun 19, 2011 at 8:35 am

    Can you please do few lessons on interest rate determination and labour market equilibrium, economic rent and transfer ( basically about factor/ resource market )

    thanks :)

  • 76 jon // Jul 15, 2011 at 4:04 am

    when do you post videos with macro economics and international economics?

  • 77 Seb // Aug 22, 2011 at 6:35 am

    I’d suggest you kindly put a torrent link to your videos, like Khan Academy does. I was able to download all of his video lectures ( 28.9 GB) by a few clicks and now I have been able to copy it on a CD ROM and distribute them among students. The names of CDs clearly quote (http://khanacademy.org) and all students refer to the site to take the tests.

  • 78 Jonathan Tureau // Aug 30, 2011 at 11:53 am

    Best Economics video in the world!!! I’m going to tell everybody about them. Thank you so much!!!! Will you eventually do a macro-economics??? or have you already??

  • 79 Gooasdnqw // Sep 6, 2011 at 11:19 pm

    Very nice post. I just stumbled upon your blog and wanted to say that I have really enjoyed surfing around your blog posts. After all I’ll be subscribing to your feed and I hope you write again very soon!

  • 80 yqwei // Sep 8, 2011 at 7:17 pm

    you are genius!

  • 81 :) // Sep 11, 2011 at 1:29 pm

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  • 82 Love Jesus // Sep 27, 2011 at 3:50 am

    Dear Jodi,

    Thanks for giving us the Best Economics video in the world!! I’m going to tell everybody about them (in case you became a global figure, don’t panic!). I was no where near economic studies in any sense, but with the help of your clear and easy to follow videos, I decided to study economics. Please carry on your brilliant work.

  • 83 Sean // Sep 30, 2011 at 9:34 am

    Thank you so much for your videos, I’m enrolled in my first fully online class (econ) and i was not prepared, your videos have certainly been a life vest. Thank you

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  • 97 Michael // Apr 11, 2012 at 5:43 pm

    Many thanks for putting up video but it would be nice if you have each video set with closed caption and relay what you exactly said than letting auto caption itself. To be honest, auto caption is not helping me understand what you’re saying so instead I just have to look at the picture and guess what you’re trying to say. I will donate if all video are professionally closed caption.

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  • 103 Lysa Antoine // Oct 4, 2012 at 9:28 pm

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  • 108 Dwayne S. // Dec 16, 2012 at 11:05 am

    Hi Jodi.. i have been watching your videos and getting clarification on stuff for my exam tomorrow. Thanks alot for the good work. Wish i had your clarification on Welfare Economics

  • 109 Rasmus // Feb 16, 2013 at 8:05 pm

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  • 112 Jessie // May 25, 2013 at 3:37 am

    Do you have any videos on utility,marginal utility?I really enjoy the way you teach.

  • 113 nancy // Jun 12, 2013 at 9:23 pm

    I’ve watched a lot of your later videos to brush up on my micro economics and to learn more about micro economics. Its really help me out. Thank you so much for posting is up

  • 114 nancy // Jun 12, 2013 at 9:26 pm

    I remember learning about several curves being simultaneously on the same sheet of paper. Things like net capital outflow, foreign exchange market, etc. Are there any complicated graph or concepts that are associated with micro economics such as these? I know these are only for macro

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