We cover the causes of the Great Depression, including the stock market crash of 1929, bank runs, and deflation under the gold standard.
Marriner Eccles video: What's inside the Federal Reserve Board? https://youtu.be/F0qBOYXRELg
Resources on the Great Depression: https://www.federalreservehistory.org/time_period?inFields=Time%2520Period:Great%2520Depression
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https://www.youtube.com/watch?v=By7YZwwyBEc
After Frozen's release, Elsa and Anna quickly became fan favorites. But they are NOT Disney Princesses. Frozen II will not make them Disney Princesses. Not even Disney+ can make them Disney Princesses. Why? Economics.
Disney Princess is actually a brand created to take advantage of Disney's weaker characters. Elsa and Anna, on the other hand, have enough brand power themselves that they are part of the standalone Frozen brand. Disney has no incentive to combine brands, so Elsa and Anna will not become Disney Princesses.
RECOMMENDED VIDEOS
Spider-Man leaving the MCU is bad ECONOMICS for Sony | The Disney Monopoly https://youtu.be/n_woaFRbZ9U
Ms Monopoly Made Our Son Cry https://youtu.be/cNoTOft8CQc
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https://www.youtube.com/watch?v=IUFyOmYEnSY
Although lock down and quarantine are new things, some basic concepts from microeconomics can help you understand what restaurants are going through. If you draw the basic costs curves (like marginal cost, average total cost, and average variable cost) you can predict what will happen with reopening and the shutdown rule.
This is a great review of basic introductory economics concepts and is great for reviewing the AP microeconomics free response questions (FRQ).
RECOMMENDED VIDEOS
Perfect Competition In Real Life https://youtu.be/Ipx_0kU-x84
Did Marvel and DC commit a crime together? https://youtu.be/2P4wRwp_E80
6 Biggest Lies About Majoring in Economics https://youtu.be/_qUbSBog_rw
Also look at Marginal Revolution University and Jacob Clifford's channel for more help with AP FRQs.
#APEcon
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https://www.youtube.com/watch?v=IMWdK__SwBk
Sony announced that Spider-Man will be leaving the Marvel Cinematic Universe and breaking away from the Disney monopoly. Is this good economics? What does being part of Disney contribute to the Spiderman franchise? Hopefully we'll learn more at D23.
Tom Holland's entrance in Captain America: Civil War as Spider-Man was a historic moment in Hollywood, bringing two studios together to share a franchise. Sony and Disney's shrewd business move proved itself again and again in Spider-Man: Homecoming, Avengers: Infinity War, Avengers: Endgame, and Spider-Man: Far From Home. Now Sony wants Spider-Man for itself, upsetting plans for the future of the MCU. But this is actually a bad deal for Sony, because Disney's contribution is not because of its monopoly power; they're just really good at making movies!
Follow me on twitter: https://www.twitter.com/MarketPowerYT
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https://www.youtube.com/watch?v=n_woaFRbZ9U
Smuggling can be a lucrative business. By avoiding tariffs, you could make millions of dollars a year, eventually becoming a billionaire like Lai Changxing. But how do these smugglers do this? By counting on customs officials not knowing the difference between a chicken and a turkey.
Economic Gangsters by Ray Fisman and Ted Miguel: https://amzn.to/35dNnYa
RECOMMENDED VIDEOS
What REALLY happened during the Boston Tea Party https://youtu.be/jYYtokHBNMk
Who Actually Pays for Tariffs? (feat. Bolton Ebikes) https://youtu.be/NdjNkgoGRxY
5 books that helped me love economics (And a romantic economics book!) https://youtu.be/QSdW2qULhyE
FOLLOW ME ON TWITTER https://www.twitter.com/MarketPowerYT
For Cartel members only: https://youtu.be/qVM08HA03ys
#economics
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https://www.youtube.com/watch?v=jSJPV6HX5rU
You have found tons of examples of how economics shapes our world, so I wanted to share my reactions! Come see how Forky learns about money, plus some competition between McDonald's and Burger King. #economics
Sign up for my newsletter here: https://marketpower.substack.com/
And you can find me on twitter: https://www.twitter.com/MarketPowerYT
RECOMMENDED VIDEOS
The Best Way to STAND OUT as an Economics Student https://youtu.be/XbXsHn32VyY
Why I Chose to Major in Economics https://youtu.be/y5DW_Uf_FwE
How I Got Into Yale's Graduate School (Economics PhD Program) https://youtu.be/XXlBPsaQa1Q
6 Biggest Lies About Majoring in Economics https://youtu.be/_qUbSBog_rw
15 Jobs You Can Get With An ECONOMICS MAJOR https://youtu.be/lIk8q6-LNRU
5 SKILLS That Economics Majors Can Develop NOW https://youtu.be/hMRqYihLZq4
Your Professors Don't Want You To Know This https://youtu.be/NWZsE4rlhOI
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https://www.youtube.com/watch?v=qa5ZK7KLQeM
If you have ever wondered why countries are poor, you should study development economics. It is the best field of economics and aims to make people's lives better.
Sign up for my newsletter here: https://marketpower.substack.com/
And you can find me on twitter: https://www.twitter.com/MarketPowerYT
RECOMMENDED VIDEOS
Fields of Economics Tier List https://youtu.be/kGnmMgELyLY
Poverty Traps were missing...until now https://youtu.be/SxrslLv9RxQ
The Best Way to STAND OUT as an Economics Student https://youtu.be/XbXsHn32VyY
6 Biggest Lies About Majoring in Economics https://youtu.be/_qUbSBog_rw
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https://www.youtube.com/watch?v=nCD4T0kUZrA
With Valentine's Day coming up, I wanted to share books that helped me fall in love with economics. They are some of the best books on economics to explore your interest. And I even share some romantic economics stories!
Freakonomics............https://amzn.to/2SlEKqT
Superfreakonomics...https://amzn.to/38yueC8
Armchair Economist..https://amzn.to/2OOEP4q
Nudge.........................https://amzn.to/37isUSB
Moneyball...................https://amzn.to/2UObCKn
Poor Economics.........https://amzn.to/2wfewxT
Two Lucky People......https://amzn.to/3bs1qNP
Follow me on twitter: https://twitter.com/MarketPowerYT
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https://www.youtube.com/watch?v=QSdW2qULhyE
Many people go to college expecting a large return on their investment, but do you know what the actual return is? Calculating the return to education is difficult because of hidden variables. #economics
Sign up for my newsletter here: https://marketpower.substack.com/
And you can find me on twitter: https://www.twitter.com/MarketPowerYT
RECOMMENDED VIDEOS
The Best Way to STAND OUT as an Economics Student https://youtu.be/XbXsHn32VyY
Why I Chose to Major in Economics https://youtu.be/y5DW_Uf_FwE
How I Got Into Yale's Graduate School (Economics PhD Program) https://youtu.be/XXlBPsaQa1Q
6 Biggest Lies About Majoring in Economics https://youtu.be/_qUbSBog_rw
15 Jobs You Can Get With An ECONOMICS MAJOR https://youtu.be/lIk8q6-LNRU
5 SKILLS That Economics Majors Can Develop NOW https://youtu.be/hMRqYihLZq4
Your Professors Don't Want You To Know This https://youtu.be/NWZsE4rlhOI
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https://www.youtube.com/watch?v=D13gt5h_Whk