Student videos | Reference library | tutor2u Economics

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00:6:17

This short revision video looks at the main causes of shifts in short run aggregate supply and the effect on national output and the price level.

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Shifts in Aggregate Supply
00:6:31

This revision video looks at some of the main causes of shifts in aggregate demand and the effect of this on equilibrium real GDP using AD-AS diagrams. 

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Shifts in Aggregate Demand
00:3:11

When the coefficient of price elasticity of demand is greater than one, then demand is said to be price elastic. One of the implications of this is that cutting prices...

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Elastic Demand - Prices and Producer Revenue
00:2:35

This short revision clip cements student understanding of the importance of price elasticity of demand for the total revenue of a supplier when the market price changes. When the coefficient...

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Inelastic Demand - Prices and Producer Revenue
00:4:15

This short revision video takes students through the basics of producer surplus and looks at how producer surplus is affected by a fall in supply costs and also an outward...

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Understanding Producer Surplus
00:4:11

A short revision video for students wanting to cement their understanding of consumer surplus. Consumer surplus is a measure of the economic welfare that people gain from consuming goods and...

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Understanding Consumer Surplus
Student videos

What is Systemic Risk?

Systemic risk became a key concept during the Global Financial Crisis (GFC). Systemic risk is the possibility that an event at the micro level of an individual bank / insurance company...

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What is Systemic Risk?
00:7:36

This revision video takes students through a worked example of comparative advantage and the potential gains from specialisation and trade at a mutually beneficial terms of trade between two countries.

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Comparative Advantage and Gains from Trade
00:2:17

Here is a short video covering two short questions. What is collusion? Using game theory, explain the potential benefits from collusion between firms.

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Collusion and Game Theory (Short Answers)
00:3:11

A short revision video on the importance of infrastructure spending for both aggregate demand and long run aggregate supply. Economic growth places rising demand on a country's infrastructure assets and...

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Economic Importance of Infrastructure
00:24:29

Here is the video from a revision webinar on the possible effects of Brexit on the UK economy. There are a range of possible outcomes for, and paths to, the...

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Brexit and the UK Economy (Revision Webinar Video)

Geoff Riley presents the latest keynote presentation on the current state of the UK economy. 

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State of the UK Economy May 2017 (Revision Webinar Video)
00:26:45

Here is a recording on key aspects of Keynesian economics applied to current policy issues for the UK and other countries. 

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Keynesian Economics (Revision Webinar Video)
00:5:48

In this revision special, you can try your hand at five questions covering monetary policy and inflation. We take you through each answer and the correct reasoning. 

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Monetary Policy and Inflation (MCQ Revision Questions)
00:3:26

A quick primer on inferior goods where the income elasticity of demand following a change in real income will be negative.

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Inferior Goods (Student Video)

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