Welcome to the Economics Classroom

Begin learning Economics now! Choose a topic below to begin watching Economics video lectures! Scroll to the bottom of the page to learn more about this site.

UNIT 1 Microeconomics

Neg Externalities

1.0 Introduction to Economics

1.1 Markets, Demand and Supply

1.2 Elasticities

1.3 Government Intervention

1.4 Market Failure


Unit 1.5 theory of the firm

MR=MC1.5.1 Costs of Production

1.5.2 Perfect Competition

1.5.3 Monopoly

1.5.4 Monopolistic Competition

1.5.5 Oligopoly


unit 2 macroeconomics

Crowding-out2.1 Measuring Economic Performance

2.2 Aggregate Demand and Aggregate Supply

2.3 Macroeconomic Objectives

2.4 Fiscal Policy

2.5 Monetary and Supply-side Policies


Unit 3 international Economics

BoP and ER3.1 Free Trade and Protectionism

3.2 Exchange Rates

3.3 Balance of Payments

3.4 Terms of Trade



Welcome to the Economics Classroom This site includes over 100 video lectures covering the major topics in an introductory Economics course at the high school or university level. The videos are categorized by unit, following the IB Economics syllabus. On the sidebar to the right you will find links to other resources to help you learn Economics, including worksheets and practice activities, an Economics dictionary, flashcards for reviewing key terms, and other resources.

If you wish to order a set of printed study guides to accompany the videos on this site, please follow this link to learn more about Welker’s Wikinomics Revision Guides for the Introductory Economics course.


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