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Jodi Beggs: Economists Do It With Models

This site was started by Jodi Beggs, currently a lecturer at Northeastern University who has made many advancements for Economics in pop culture (like economics lessons in The Simpsons). Her posts appeal to a wider audience with easy to understand narratives, humor and wit.

Microeconomics Practice Problem – Cost Curves, Economic Profit, and Supply

This video shows how to determine at what prices a firm will be making an economic profit and at what prices a firm will want to shut down. It also explains at what prices a firm's supply curve will give positive quantities of production The problem is taken from Principles of Microeconomics by Dirk Mateer and Lee Coppock, and is Ch. 9 problem #5. See the "Practice Problems" playlist for an archive of daily practice problems. For more information and a complete listing of...

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Microeconomics Practice Problem – Calculating and Graphing the Costs of Production

This video shows how to calculate various forms of cost (total fixed cost, total variable cost, average variable cost, average total cost, average fixed cost, and marginal cost) based on total cost information and shows graphically what these costs look like. The problem is taken from Essentials of Economics, 2nd Edition, by Paul Krugman, Robin Wells, and Kathryn Graddy, and is Ch. 6 problem #4. See the "Practice Problems" playlist for an archive of daily practice problems. For...

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Microeconomics Practice Problem – Calculating Consumer Surplus

This video shows how to calculate consumer surplus using a willingness to pay schedule. The problem is taken from Principles of Microeconomics by Dirk Mateer and Lee Coppock, and is Ch. 6 problem #1. See the "Practice Problems" playlist for an archive of daily practice problems. For more information and a complete listing of videos and online articles by topic or textbook chapter, see http://www.economistsdoitwithmodels.com/economics-classroom/ For t-shirts and other EDIWM...

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Welcome to jodiecongirl’s Channel!

This video introduces viewers to jodiecongirl's YouTube channel. For more information and a complete listing of videos and online articles by topic or textbook chapter, see http://www.economistsdoitwithmodels.com/economics-classroom/ For t-shirts and other EDIWM items, see http://www.economistsdoitwithmodels.com/merch/ By Jodi Beggs - Economists Do It With Models http://www.economistsdoitwithmodels.com Facebook: http://www.facebook.com/economistsdoitwithmodels Twitter:...

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