Home
Search results “Define dead weight loss”
Deadweight Loss, Consumer & Producer Surplus- Microeconomics 2.7 (Holiday Edition)
 
05:05
Welcome to ACDC Econ and my first holiday edition. In this video I explain consumer surplus, producer surplus, and deadweight loss. Make sure that you can see how each change when there is a change in the market. *Correction* The consumer surplus at 0:59 in the video is $6000. ($8-$5) x 4000/2. It is a triangle! Notice that deadweight loss happens whenever the optimal quantity is not being produced. This also happens when there are taxes or externalities. By the way, my wife, Paula, was the one throwing snowballs at me. We had to do it in two takes and I think she enjoyed it way too much. Why you should never give gifts to others- Video isn't available yet Microeconomics Videos https://www.youtube.com/watch?v=swnoF533C_c Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3d8qllI Watch Econmovies https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH Follow me on Twitter https://twitter.com/acdcleadership I got the rock'n version of Deck the Halls here: https://www.youtube.com/watch?v=QF84X6kLrIA
Views: 306288 Jacob Clifford
What is Deadweight Loss?
 
01:12
Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “Deadweight Loss” Deadweight loss is the fall in total surplus that results from a market distortion, such as a tax. In economics, a deadweight loss (also known as excess burden or allocative inefficiency) is a loss of economic efficiency that can occur when equilibrium for a good or service is not achieved or is not achievable. Deadweight loss can be stated as the loss of total welfare or the social surplus due to reasons like taxes or subsidies, price ceilings or floors, externalities and monopoly pricing. It is the excess burden created due to loss of benefit to the participants in trade which are individuals as consumers, producers or the government. For example, if a certain tax is imposed on the producer for each unit of the good he sells, it is likely that the new equilibrium price that is settled for the transaction will be higher and therefore some burden of this will be passed on to the consumer. By Barry Norman, Investors Trading Academy - ITA
10a: what is deadweight loss
 
15:14
This video shows how, if there are no external effects, a perfectly competitive equilibrium maximizes social surplus. We define deadweight loss as the loss of social surplus compared to the maximum level and show how to find it and how to interpret it.
Views: 11689 stephen king
How to calculate deadweight loss
 
07:27
This video goes over the basic concepts of calculating deadweight loss, and goes through a few examples. More information on this topic is available at http://www.freeeconhelp.com/2011/10/how-to-calculate-deadweight-loss-easy-4.html Deadweight loss occurs when market equilibrium is not equal to efficient equilibrium. This means that the marginal benefit of society is not equal to the marginal cost of society so there is a disconnect between the true benefits and costs. In this case, total surplus is not as large as it could be which means that there is a loss to society. Since this isn't a necessary loss, economists call it a "deadweight" loss meaning that we could easily remove it but nudging markets toward the efficient outcomes. Please comment below, I love when you find something helpful or if you have questions or criticism please feel free to share! Also, if you found this helpful remember to like and subscribe to freeeconhelp's channel: https://www.youtube.com/freeeconhelp/?sub_confirmation=1 Get Social: *********************** Our website: https://www.freeeconhelp.com Please like us on facebook at: https://www.facebook.com/freeeconhelp Follow us on twitter: https://www.twitter.com/freeeconhelp Below is a summary of the transcript for the video: 3.450,:10.519 This video is going to go over how to calculate deadweight loss and kind of describe. What Deadweight. Loss is so dead weight Loss :11.099,:13.099 arises from an :13.110,:15.110 economy not having the maximum :15.540,:16.920 Surplus possible :16.920,:21.860 So if we look at a perfectly competitive model we have our supply and demand lines :22.259,:26.238 The area above price and below demand is our consumer surplus :26.759,:28.2 the area :28.2,:31.189 below price and Above supply is our producer surplus :32.070,:37.189 So there's no Deadweight loss in this economy because surplus is maximized :38.670,:46.640 however if we were to institute a tax or there's an externality or something like that, then we would have a :48.420,:52.070 shift in one of these curves :53.399,:55.579 Where the Optimum should be? :56.909,12.869 Here, but instead we're here and so that difference 15.070,18.930 Between where we should be and where we are? 1:10.950,1:16.250 Gives us a Deadweight loss that's occurred in the economy so first What is a deadweight loss? 1:17.1,1:18.960 What's causing it? 1:18.960,1:23.089 It's a difference between Marginal cost and marginal benefit 1:23.340,1:29.210 so you'll notice that at our optimum we have marginal cost equally marginal benefit and 1:29.909,1:31.530 We're good 1:31.530,1:36.559 However if MC prime is our true Marginal cost in the economy 1:37.079,1:44.989 Then we do not have marginal benefit equal to marginal cost because we want to be here instead of here 1:45.390,1:48.439 So everywhere between these two curves 1:49.950,1:56.990 We have a difference between marginal cost and marginal benefit and that creates the deadweight loss 1:58.049,2:.049 So let's go through an example 25.049,2:11.129 We're going to begin our economy in equilibrium 2:13.810,2:20.399 and just to make things easy let's say that the initial equilibrium is 5 2:21.850,2:29.789 5 so then the government decides it decides that they want to institute a tax and let's call it a supply-side, tax 2:34.060,2:41.399 So that's supply plus t our new equilibrium is going to be at this point and let's just say that 2:44.769,2:47.309 results in a price instead of 6 a 2:48.519,2:55.709 quantity of 4 and then here this price that the suppliers receive is 4 2:57.250,3:.389 so here the quantity of the tax is 2 31.269,34.829 The line shifted up by the amount of to the suppliers 35.799,39.479 Take half the tax and the consumers take half the tax 3:10.209,3:14.219 So again remember with Deadweight loss we want to be here 3:14.799,3:17.429 at a quantity of 5 and a price of 5 3:17.829,3:23.459 but we end up it here at a quantity of 4 price after tax of 6 3:23.769,3:28.048 our sorry price before tax of 6 and price after tax of 4 3:28.660,3:31.229 So remember this is our marginal benefit 3:31.810,3:36.6 This is our marginal cost and this is our marginal cost plus the tax 3:37.269,3:41.129 So what's going on in the economy is at this point right here? 3:41.380,3:44.130 We're losing out on Potential Surplus 3:44.350,3:50.850 Because the true marginal benefit of the economy is still greater than the true marginal cost of the economy 3:51.040,3:53.040 It's just that the tax 3:53.290,3:54.760 has 3:54.760,4:.660 Taken away that potential because now suppliers have to pay a tax instead of realizing their true gains 41.299,47.319 So everywhere between the marginal benefit and marginal cost from this new quantity 48.440,4:12.239 To the old quantity is going to be deadweight Loss 4:14.740,4:19.469 the neat thing about this is just the area of the triangle and if you remember
Views: 205846 Free Econ Help
What is a Deadweight Loss?
 
13:43
Here we talk about the fundamental idea of deadweight loss: Something that causes a loss of total surplus, consumer + producer surplus.
Views: 822 BurkeyAcademy
Deadweight Loss of Economic Welfare Explained
 
07:14
The idea of a deadweight loss relates to the consequences for economic efficiency when a market is not at an equilibrium. The concept links closely to the ideas of consumer and producer surplus.
Views: 2968 tutor2u
Deadweight tonnage
 
01:09
Deadweight tonnage (also known as deadweight; abbreviated to DWT, D.W.T., d.w.t., or dwt) is a measure of how much weight a ship is carrying or can safely carry. It is the sum of the weights of cargo, fuel, fresh water, ballast water, provisions, passengers, and crew. The term is often used to specify a ship's maximum permissible deadweight, the DWT when the ship is fully loaded so that its Plimsoll line is at the point of submersion, although it may also denote the actual DWT of a ship not loaded to capacity. Deadweight tonnage is not a measure of the ship's displacement and should not be confused with gross tonnage or net tonnage (or their more archaic forms gross register tonnage or net register tonnage). Deadweight tonnage was historically expressed in long tons but is now usually given internationally in tonnes (metric tons). In modern international shipping conventions such as the International Convention for the Safety of Life at Sea and the International Convention for the Prevention of Pollution From Ships, deadweight is explicitly defined as the difference in tonnes between the displacement of a ship in water of a specific gravity of 1.025 (corresponding to average density of sea water) at the draft corresponding to the assigned summer freeboard and the light displacement (lightweight) of the ship. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 9425 Audiopedia
How to calculate dead weight loss from a monopoly graph
 
05:13
made with ezvid, free download at http://ezvid.com microeconomics
Views: 1180 TRAVIS KLEIN
Microeconomics - 73: Underproduction and Overproduction
 
05:47
Underproduction and overproduction, it's super simple. I know you will get it ;) Microeconomics - 72: Efficiency of Competitive Equilibrium Cont.: http://www.youtube.com/watch?v=LV6RD2FYh58 Microeconomics - 74: Obstacles to Efficiency : http://www.youtube.com/watch?v=FBjekl8P3po Please comment, rate, and subscribe!!! And we finally have social media: Follow us on twitter : https://twitter.com/#!/coursehack Become a fan on facebook : https://www.facebook.com/CourseHack Add us on Google+ : https://plus.google.com/b/106464811545000105636/
Views: 9068 CourseHack
Deadweight loss
 
05:50
In economics, a deadweight loss (also known as excess burden or allocative inefficiency) is a loss of economic efficiency that can occur when equilibrium for a good or service is not achievable. Causes of deadweight loss can include monopoly pricing (in the case of artificial scarcity), externalities, taxes or subsidies, and binding price ceilings or floors (including minimum wages). The term deadweight loss may also be referred to as the "excess burden" of monopoly or taxation. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 209 Audiopedia
Monopolist optimizing price: Dead weight loss | Microeconomics | Khan Academy
 
05:57
Showing that what is optimal for the monopolist is not optimal for society Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/perfect-competition-topic/monopolies-tutorial/v/optional-calculus-proof-to-show-that-mr-has-twice-slope-of-demand?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/perfect-competition-topic/monopolies-tutorial/v/monopolist-optimizing-price-part-2-marginal-revenue?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Microeconomics channel: https://www.youtube.com/channel/UC_6zQ54DjQJdLodwsxAsdZg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 177714 Khan Academy
What is DEADWEIGHT LOSS? What does DEADWEIGHT LOSS mean? DEADWEIGHT LOSS meaning & explanation
 
02:45
What is DEADWEIGHT LOSS? What does DEADWEIGHT LOSS mean? DEADWEIGHT LOSS meaning & explanation. In economics, a deadweight loss (also known as excess burden or allocative inefficiency) is a loss of economic efficiency that can occur when equilibrium for a good or service is not achieved or is not achievable. Causes of deadweight loss can include monopoly pricing (in the case of artificial scarcity), externalities, taxes or subsidies, and binding price ceilings or floors (including minimum wages). The term deadweight loss may also be referred to as the "excess burden" of monopoly or taxation. For example, consider a market for nails where the cost of each nail is 10 cents and the demand will decrease linearly from a high demand for free nails to zero demand for nails at $1.10. In a perfectly competitive market, producers would have to charge a price of 10 cents and every customer whose marginal benefit exceeds 10 cents would have a nail. However, if there is one producer who has a monopoly on the product, then they will charge whatever price will yield the greatest profit. For this market, the producer would charge 60 cents and thus exclude every customer who had less than 60 cents of marginal benefit. The deadweight loss is then the economic benefit foregone by these customers due to the monopoly pricing. Conversely, deadweight loss can also come from consumers buying a product even if it costs more than it benefits them. To describe this, let's use the same nail market, but instead it will be perfectly competitive, with the government giving a 3 cent subsidy to every nail produced. This 3 cent subsidy will push the market price of each nail down to 7 cents. Some consumers then buy nails even though the benefit to them is less than the real cost of 10 cents. This unneeded expense then creates the deadweight loss: resources are not being used efficiently. If the price of a glass of wine is $3.00 and the price of a glass of beer is $3.00, a consumer might prefer to drink wine. If the government decides to levy a wine tax of $3.00 per glass, the consumer might prefer to drink beer. The excess burden of taxation is the loss of utility to the consumer for drinking beer instead of wine, since everything else remains unchanged.
Views: 1605 The Audiopedia
Dead-weight loss
 
03:54
Eaisy economics
Views: 1126 Easy Economics
Dead Weight Loss (DWL)
 
02:33
Source: http://cfa.minute-class.com Explain DWL and DWL due to Price Ceiling
Views: 25221 johnbernke
Dead Weight Loss due to Subsidary
 
03:48
More at http://cfa.minute-class.com
Views: 31089 johnbernke
What is EXCESS BURDEN? What does EXCESS BURDEN mean? EXCESS BURDEN meaning, definition & explanation
 
02:20
What is EXCESS BURDEN? What does EXCESS BURDEN mean? EXCESS BURDEN meaning, definition & explanation. In economics, the excess burden of taxation, also known as the deadweight cost or deadweight loss of taxation, is one of the economic losses that society suffers as the result of taxes or subsidies. Economic theory posits that distortions change the amount and type of economic behavior from that which would occur in a free market without the tax. Excess burdens can be measured using the average cost of funds or the marginal cost of funds (MCF). Excess burdens were first discussed by Adam Smith. An equivalent kind of inefficiency can also be caused by subsidies (that are actually taxes with negative rates). Economic losses due to taxes were evaluated to be as low as 2.5 cents per dollar of revenue, and as high as 30 cents per dollar of revenue (on average), and even much higher at the margins. The cost of a distortion is usually measured as the amount that would have to be paid to the people affected by its supply, the greater the excess burden. The second is the tax rate: as a general rule, the excess burden of a tax increases with the square of the tax rate. The average cost of funds is the total cost of distortions divided by the total revenue collected by a government. In contrast, the marginal cost of funds (MCF) is the size of the distortion that accompanied the last unit of revenue raised (i.e. the rate of change of distortion with respect to revenue). In most cases, the MCF increases as the amount of tax collected increases. The standard position in economics is that the costs in a cost-benefit analysis for any tax-funded project should be increased according to the marginal cost of funds, because that is close to the deadweight loss that will be experienced if the project is added to the budget, or to the deadweight loss removed if the project is removed from the budget.
Views: 1160 The Audiopedia
DEAD WEIGHT LOSS monopoly formula definition tax price floor subsidy
 
07:53
DEAD WEIGHT LOSS monopoly formula definition tax price floor subsidy VISIT OUR WEBSITE https://www.souravsirclasses.com/ FOR COMPLETE LECTURES / STUDY MATERIALS /NOTES /GUIDENCE / PAST YEAR SOLVED +SAMPLE PAPAERS /TRICKS /MCQ / SHORT CUT/ VIDEO LECTURES /LIVE + ONLINE CLASSES GIVE US A CALL / WHAST APP AT 9836793076 Also find us at…. BLOGSPOT http://souravdas3366.blogspot.com/ SLIDES ON COURSES https://www.slideshare.net/Souravdas31 TWITTER https://twitter.com/souravdas3366 FACEBOOK https://www.facebook.com/Sourav-Sirs-... LINKED IN https://www.linkedin.com/in/sourav-da... GOOGLE PLUS https://plus.google.com/+souravdassou... a deadweight loss a deadweight loss arises in monopoly because a deadweight loss hivemind a deadweight loss is a consequence a deadweight loss is a situation where a deadweight loss is the total of a deadweight loss occurs when a deadweight loss occurs whenever a tax that has no deadweight loss apa yang dimaksud dead weight loss arti kata dead weight loss benefits of deadweight loss dead doctors don't lie weight loss deadlift weight loss deadweight loss deadweight loss 2-9 deadweight loss activity 2-9 deadweight loss ad valorem tax deadweight loss adalah deadweight loss after tax deadweight loss and distortion deadweight loss and elasticity deadweight loss and externalities deadweight loss and market failure are created when a market produces deadweight loss and monopoly deadweight loss and tax deadweight loss and tax revenue deadweight loss and welfare loss deadweight loss area deadweight loss bad deadweight loss bertrand deadweight loss binding price floor deadweight loss black market deadweight loss burden deadweight loss by monopoly deadweight loss by subsidy deadweight loss by tax deadweight loss calculation deadweight loss calculation monopoly deadweight loss caused by monopoly deadweight loss caused by monopoly pricing is represented by the area deadweight loss caused by tariff deadweight loss caused by tax deadweight loss causes deadweight loss consumer surplus and producer surplus deadweight loss cournot deadweight loss curve deadweight loss declines in size when a unit of output is produced for which deadweight loss define deadweight loss definition deadweight loss diagram deadweight loss due to monopoly deadweight loss due to monopoly pricing deadweight loss due to price ceiling deadweight loss due to subsidy deadweight loss due to tariff deadweight loss due to taxation deadweight loss econ deadweight loss economics deadweight loss economics definition deadweight loss eesti keeles deadweight loss equals zero deadweight loss equation deadweight loss example deadweight loss excess burden deadweight loss explained deadweight loss externality deadweight loss for subsidy deadweight loss formula deadweight loss formula monopoly deadweight loss from externalities deadweight loss from monopoly deadweight loss from monopoly can best be described as the deadweight loss from price ceiling deadweight loss from price floor deadweight loss from tariff deadweight loss from tax deadweight loss from underproduction deadweight loss government intervention deadweight loss government subsidy deadweight loss graph deadweight loss graph example deadweight loss graph explained deadweight loss graph explanation deadweight loss graph microeconomics deadweight loss graph monopoly deadweight loss graph tax deadweight loss health insurance deadweight loss holiday gift giving deadweight loss horizontal supply curve deadweight loss how to calculate deadweight loss in economics deadweight loss in health care deadweight loss in monopoly deadweight loss in price ceiling deadweight loss in price floor deadweight loss in subsidy deadweight loss in taxation deadweight loss in taxes deadweight loss interpret deadweight loss is defined as deadweight loss is maximized when deadweight loss joke deadweight loss khan deadweight loss labor market deadweight loss linguee deadweight loss loss deadweight loss lump sum tax deadweight loss là gì deadweight loss meaning deadweight loss measures monopoly inefficiency deadweight loss measures the loss deadweight loss measures the loss quizlet deadweight loss minimum wage deadweight loss monopoly deadweight loss monopoly and perfect competition deadweight loss monopoly equation deadweight loss monopoly example deadweight loss monopoly formula deadweight loss monopoly graph deadweight loss natural monopoly deadweight loss natural monopoly graph deadweight loss nedir deadweight loss negative deadweight loss negative consumption externality deadweight loss negative externality deadweight loss news deadweight loss nghĩa là gì deadweight loss notes deadweight loss numerical deadweight loss occurs in which type of market structure deadweight loss of a tariff
What is Deadweight Loss? | Deadweight Loss Explained
 
05:16
A deadweight loss, also known as excess burden or allocative inefficiency, is a loss of economic efficiency that can occur when equilibrium for a good or a service is not achieved. That can be caused by monopoly pricing in the case of artificial scarcity, an externality, a tax or subsidy, or a binding price ceiling or price floor such as a minimum wage. Examples: An example is a market for nails where the cost of each nail is $0.10 and the demand decreases linearly, from a high demand for free nails to zero demand for nails at $1.10. If the market has perfect competition, producers would have to charge a price of $0.10, and every customer whose marginal benefit exceeds $0.10 would have a nail. However, if there is one producer with a monopoly on the product, it will charge whatever price will yield the greatest profit. The producer would then charge $0.60 and thus exclude every customer who had less than $0.60 of marginal benefit. The deadweight loss would then be the economic benefit foregone by such customers because of monopoly pricing. Conversely, deadweight loss can come from consumers if they buy a product even if it costs more than it benefits them. To describe this, if the same nail market had the government giving a $0.03 subsidy to every nail produced, the subsidy would push the market price of each nail down to $0.07. Some consumers would then buy nails even though the benefit to them is less than the real cost of $0.10. That unneeded expense would then create a deadweight loss, with resources not being used efficiently. If the price of a glass of wine is $3.00 and the price of a glass of beer is $3.00, a consumer might prefer to drink wine. If the government decides to levy a wine tax of $3.00 per glass, the consumer might prefer to drink beer. The excess burden of taxation is the loss of utility to the consumer for drinking beer instead of wine since everything else remains unchanged. Sources: Text: Text of this video has been taken from Wikipedia; which is available under the Creative Commons Attribution-ShareAlike License
Views: 32 Free Audio Books
Deadweight Meaning
 
00:27
Video shows what deadweight means. The largest weight of cargo a ship is able to carry; i.e, the weight of a ship when fully loaded minus its weight when empty.. A useless, usually encumbering factor.. Deadweight Meaning. How to pronounce, definition audio dictionary. How to say deadweight. Powered by MaryTTS, Wiktionary
Views: 1019 SDictionary
Deadweight loss of monopoly
 
10:19
Views: 8870 ecopoint
Short Answers - Deadweight Loss of Welfare
 
02:25
​This video looks at the answer to two short questions on the concept of the deadweight loss of welfare. The two questions are: What is meant by a deadweight loss?​ Explain why the long run equilibrium in monopoly is likely to lead to a deadweight loss of economic welfare​​
Views: 1774 tutor2u
Taxes and Dead Weight Loss
 
15:08
Chapter 8 Video
Views: 303 shubes2
Consumer Surplus, Producer Surplus, and Deadweight Loss
 
11:27
This video defines, describes and calculates consumer surplus, consumer surplus, and deadweight loss.
Views: 41249 mcneilecon
Deadweight Loss - Social Cost of Monopoly
 
12:09
#YOUCANLEARNECONOMICS
Views: 1530 E.Z. Classes
Negative externalities | Consumer and producer surplus | Microeconomics | Khan Academy
 
06:00
Taking negative externalities into account when thinking about the optimal equilibrium price and quantity Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/consumer-producer-surplus/externalities-topic/v/taxes-for-factoring-in-negative-externalities?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/consumer-producer-surplus/deadweight-loss-tutorial/v/taxes-and-perfectly-elastic-demand?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Microeconomics channel: https://www.youtube.com/channel/UC_6zQ54DjQJdLodwsxAsdZg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 293096 Khan Academy
Micro 4.3 Monopoly Dead Weight Loss Review: AP Microeconomics
 
02:39
Mr. Clifford's 60 second explanation of how to identify the consumer and producer surplus on the monopoly graph. Notice that monopolies charge a higher price and produce a lower output than perfectly competitive markets. Since monopolies are inefficient they also have dead weight loss. Please keep in mind that these clips are not designed to teach you the key concepts. These videos are a review tool to help you better understand what you learned in class. ACDC is Mr. Clifford's teaching philosophy: Active Learning Cooperative Learning Discovery Learning Community
Views: 227954 Jacob Clifford
Taxes on Producers- Microeconomics 2.11 ACDC Econ
 
05:58
I explain excise taxes any show what happens to consumer surplus, producer surplus, and deadweight loss as a result of a tax. Make sure to watch the section about tax incidence and who pays the majority of a tax.
Views: 504589 Jacob Clifford
Producer surplus | Consumer and producer surplus | Microeconomics | Khan Academy
 
08:20
Looking at the supply curve as an opportunity cost curve. Understanding the producer surplus as the area between the supply curve and the market price Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/consumer-producer-surplus/deadweight-loss-tutorial/v/rent-control-dead-weight-cost?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/consumer-producer-surplus/consumer-producer-surplus-tut/v/total-consumer-surplus-as-area?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Microeconomics channel: https://www.youtube.com/channel/UC_6zQ54DjQJdLodwsxAsdZg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 315188 Khan Academy
Micro 2.7 Consumer and Producer Surplus and Dead Weight Loss
 
03:43
Mr. Clifford's 60 second explanation of consumer's surplus (CS) and producer's surplus (PS) and how to identify where it is on the graph. The bonus round shows how a price ceiling changes CS and PS and results in dead weight loss. Please keep in mind that these clips are not designed to teach you the key concepts. These videos are a review tool to help you better understand what you learned in class. ACDC is Mr. Clifford's teaching philosophy: Active Learning Cooperative Learning Discovery Learning Community Q: Why is he dressed like a pirate? A: Why not
Views: 160376 Jacob Clifford
Rent control and deadweight loss | Microeconomics | Khan Academy
 
11:12
Let's step through some details on how one kind of regulation can reduce economic efficiency Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/consumer-producer-surplus/deadweight-loss-tutorial/v/minimum-wage-and-price-floors?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/consumer-producer-surplus/consumer-producer-surplus-tut/v/producer-surplus?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Microeconomics channel: https://www.youtube.com/channel/UC_6zQ54DjQJdLodwsxAsdZg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 153935 Khan Academy
Price Ceiling | Rent Ceiling - Dead Weight Loss | Surplus
 
04:08
What happens when a price ceiling is set below the market equilibrium - making the equilibrium pice illegal in the market. This creates shortage, but what about changes in consumer and producer surplus and is there any dead weight loss? How do we measure these. To know : Area of a square - L * W Area of a triangle - 1/2 * B * H Consumer Surplus - surplus generated from the difference between the maximum amount a consumer is willing to pay for the good (definition of the demand function) and the actual price she pays for the good.
Views: 11158 Nisha Malhotra
Dead Lifts (Hindi / Punjabi)
 
05:08
One of THE MUST DO exercise that often gets neglected. Add german volume and try to use alternate grip if lifting heavy weights. Aim for quality sets with proper posture and form. Learn, Comment, Like & Share! Make sure to share this video! https://www.facebook.com/mybollywoodbody https://www.twitter.com/mybollywoodbody https://instagram.com/mybollywoodbody
Views: 431049 MY BOLLYWOOD BODY
Subsidies
 
12:32
What is a subsidy? A subsidy is really just a negative or reverse tax. Instead of collecting money in the form of a tax, the government gives money to consumer or producers. In this video, we look at the subsidy wedge and who benefits the most from different subsidies. Microeconomics Course: http://bit.ly/20VablY Ask a question about the video: http://bit.ly/1WJcibm Next video: http://bit.ly/1Q0RBpE Help us caption & translate this video! http://amara.org/v/GCs5/
Deadweight Loss in Monopoly
 
03:50
Prelim Requirement in Sir Arnold Buck's Economics Class-- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Views: 275 Hilary Cabatana
How to calculate changes in consumer and producer surplus with price and floor ceilings.
 
08:05
Tutorial on how the impact of price floors and price ceilings to producer and consumer surplus. Deadweight loss is explained also. Like us on: http://www.facebook.com/PartyMoreStudyLess
Views: 125141 Economicsfun
Price Ceilings and Floors- Economics 2.6
 
04:34
In this video I explain what happens when the government controls market prices. Price ceilings are a legal maximum price and price floors are a minimum legal price. Make sure that you can draw each of them on a demand and supply graph and identify if there is a shortage or a surplus. Keep in mind that your teacher may use the word "binding" to describe the situation where the price control has an effect on the market. If you need more help, check out my Ultimate Review Packet http://www.acdcecon.com/#!review-packet/czji Next videos showing what happens to consumer surplus, producer surplu, and dead weight loss https://www.youtube.com/watch?v=n0LXkA9kato All Microeconomics Videos https://www.youtube.com/watch?v=swnoF... All Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3... Watch Econmovies https://www.youtube.com/playlist?list... Follow me on Twitter https://twitter.com/acdcleadership
Views: 564991 Jacob Clifford
Monopoly market and welfare
 
04:02
Deadweight loss and monoply Principles of economics Principles of economics lecture notes DU Economics lectures videos Cbcs Economics lectures notes Economics coaching
Views: 89 IDEA TUTORS
Tax Incidence
 
04:53
What happens to consumer and producer surplus when the government imposes a tax? Both consumers and producers are burdened with this tax. Consumer and producer surplus will decrease. The money that goes to the government from both consumers and producers is called tax revenue. As a result of this tax there will be dead weight loss (dwl). Both quantity demanded and quantity supplied will decrease from it's market equilibrium starting point.
Views: 3895 Chris Thomas
Price floors and surplus
 
05:34
Description of how price floors operate in a competitive market and the effects on consumer surplus, producer surplus and social surplus using supply and demand diagrams.
Views: 204464 Andrew Hingston
Equity and Efficiency in Economics.mp4
 
05:57
Explaining and contrasting two often competing goals in examining economic policies and economic history.
Views: 23417 TheWyvern66
Episode 27B: Deadweight Loss from Monopoly
 
02:57
This video shows more formally how society as a whole loses under a monopoly vs. a competitive market. "EPISODE 27B: Deadweight Loss from Monopoly" by Dr. Mary J. McGlasson is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Views: 49434 mjmfoodie
Deadweight Loss   Introductory Economics
 
05:57
This is a brief demonstration of the effects of imposing a tax - Consumers can afford less (fewer cakes) and Producers receive less (they sell fewer cakes) - the result is deadweight loss. This is a very BASIC example of a much more complicated subject - intended as an INTRODUCTION to the subject in a Principles class for NON-Majors. We followed up with more in-depth work with the graphs - labeling and calculating values - and a discussion of the effects of elasticity on the shared tax-burden, etc... Nevertheless, this demonstration got the ball rolling in the right direction.
Views: 139 Steve Oberg
Micro 6.3 Negative Externalities: Econ Concepts in 60 Seconds-Externality
 
02:32
Mr. Clifford's 60 second explanation of negative externalities (aka: spillover costs). Notice that there are two different supply curves. One is the marginal private cost which ignores the spillover costs and the other is the marginal social cost (MSC) which includes the additional costs to society. Please keep in mind that these clips are not designed to teach you the key concepts. These videos are a review tool to help you better understand what you learned in class. ACDC is Mr. Clifford's teaching philosophy: Active Learning Cooperative Learning Discovery Learning Community
Views: 353423 Jacob Clifford
The Effects of a Per Unit Subsidy
 
10:22
This video lesson illustrates and explains the effects that a per unit subsidy will have on the market for a commodity, in this case, corn. The payment to producers from government lowers the marginal cost of production, increases supply and leads to lower prices for consumers and greater revenues for producers. However, subsidies are not always economically efficient, since as we will see, the cost to taxpayers may outweigh the benefit to producers and consumers, meaning a subsidy may result in a net loss of societal welfare. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 108117 Jason Welker
Markets, Efficiency, and Price Signals: Crash Course Economics #19
 
11:01
Adriene and Jacob teach you all about markets. So, in free market(ish) economies like the United States and most of the world, markets are a big deal. Markets work to produce the stuff that consumers want, and that society needs. Today we'll talk about productive and allocative efficiency, skinny jeans, price signals, and more in this information-dense installment of Crash Course. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 375302 CrashCourse
Understanding Dead Weight and Volume Metric Weight (Hindi)
 
03:48
Dear Friends IN THIS VIDEO WE HAVE EXPLAINED ABOUT Dead Weight and Volume Metric Weight. Please do not forget to subscribe to this channel as you will get lot of videos about eCommerce, marketplaces,business idea ,marketing and sales , business management ,Also do not forget to like this video if you have liked it. Thank you all
Views: 624 Business Guruji