International Economics Videos Links

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CORE TOPICS (SL & HL Topics)

i. Intro to Economics: Crash Course Econ #1


https://www.youtube.com/watch?v=NI9TLDIPVcs

ii. Supply and Demand: Crash Course Economics #4


https://www.youtube.com/watch?v=g9aDizJpd_s

iii. Specialization and Trade: Crash Course Economics #2


https://www.youtube.com/watch?v=NI9TLDIPVcs

iv. Imports, Exports, and Exchange Rates: Crash Course Economics #15
https://www.youtube.com/watch?v=geoe-6NBy10

1. Gains from Free Trade


https://www.youtube.com/watch?v=aPJTi3gGOHs

2. Arguments for Trade Protection


https://www.youtube.com/watch?v=fYI_mpNpbSc

3. Tarif
https://www.youtube.com/watch?v=0X0X6iSXkMY

4. Tarif Disadvantages
https://www.youtube.com/watch?v=fYI_mpNpbSc

5. Quota
https://www.youtube.com/watch?v=N_NFidpfwpE

6. Subsidy
https://www.youtube.com/watch?v=02RfOryl_08

HL TOPICS Only

1. Comparative Advantage
https://www.youtube.com/watch?v=aPJTi3gGOHs

2. Comparative Advantage - Mutually Beneficial Trade


https://www.youtube.com/watch?v=xX_XT6FmL68

3. Criticisms of Comparative Advantage


https://www.youtube.com/watch?v=gcsw1VZaLc4

4. Tarif: Detailed Analysis


https://www.youtube.com/watch?v=EOIhDPri-FA

5. Quota: Detailed Analysis


https://www.youtube.com/watch?v=7anliBeHBkQ

6. Subsidy: Detailed Analysis


https://www.youtube.com/watch?v=2ss0cR-msGk

* Note: Throughout the video lectures, what the lecturer refers to as the Change in Demand is not
actually the same with the Shift in Demand Curve, rather what he meant was that there were
changes (rise or fall) in Quantity Demanded (Qd). Remember that Quantity Demanded is different
from Demand Curve and Quantity Supplied (Qs) is also different from Supply Curve.

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