Thinking Like An Economist- Macro/MicroTopic 1.1

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#economics #scarcity
A NEW school year means NEW videos! I'm going to be making new videos covering every topic in your introductory college econ or AP econ course. This episode is about scarcity, guns and butter (trade-offs), the factors of production, and the difference between microeconomics and macroeconomics. What do you think?

Check out me video about the economics in Captain America

Also check out me Ultimate Review Packet for FREE. It has everything you need to learn and practice econ

Look in the comments below for the answers to the practice multiple-choice questions. Be sure to tell me how you did on the quiz.

Thanks for watching. Your rock!
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The answers to the practice questions are below. Just click on "Read more". Be sure to leave a comment and let me know how you did.


1. A
2. E
Be sure to subscribe!

JacobAClifford
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DUDE! This video was on. Seriously: new background, great story, cinematic lighting. It’s going to be a good year!

heimlershistory
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Teaching Econ for the first time in my 29 year career as a Social Studies teacher. Thank you for making it fun even for me to learn!

rebeccacooper
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This guy is honestly the best economics teacher keep coming back to him for revision

ykt
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I literal learn more from u then my teacher...

stevenbassett
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You, sir, are an amazing, engaging teacher. You deserve a million dollars.

blahajbaby
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love these videos!!! Thank you for a 5 on my AP Macro Exam!! ❤️❤️❤️❤️

bradleycordero
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You are by far the best educational YouTuber at making sure viewers are active learners.

frankwercinski
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I made it through Micro, Macro and Labor Econ thanks to you. Glad you finally have merchandise!

ddigwell
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best channel to learn economics from....LOVE YOU

hassantalib
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I GOT ALL OF THEM RIGHT YIPPEE. I think this may actually help me!

devm
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Thank you for all your help this past school year! You helped me score a 5 on both Micro and Macro. Thank you thank you thank you!!!

jakesawake
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I had to replay 3 times to understand the entire contents of this video and it's very useful for college assignments. thank you and I just subscribed

paul
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Creating a mind palace for us to remember too???? You thought of it all! Many thanks!

Shackled
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Wow. I had no idea economics could be interesting, I came here to learn what the buzzword "economies of scale" meant, which I learned on one of your other videos. Your video production and quality is great, well done. Looking forward to learning more . Thank you.

ArchitectofBrands
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Wow! Now this is a great video. I must say, in all my years there have only been three intro to Macro/MicroTopic 1.1 videos better than this one!

alexbrinkman
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I did great but I also learned all of this first semester, thank you for being my whole review before the AP test :))

marz
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idiocracy is a good video source for anything and this is an example to show that.

joshuah.
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My uni teacher linked this video in session 1. I hope her classes are as awesome as this video

stephengalea
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You just made econ so entertaining. I lol'd so hard when I saw that makeshift plane tank.

satoshi