In this section, we provide explanations of key economic concepts through engaging Instagram posts and videos, promoting an understanding of how economic concepts apply to everyday life.

A

Advertising (effects on demand: reel )

Adverse Selection post reel

Aggregate Demand – post 

Anchoring effect reel

Asymmetric Information reel

B

Baumol’s Cost reel

Bayes Rule reel

C

Club Goods post

Competition

         Duopoly (1) beauty market reel (2) Kayaking reel

Common Goods/Resources post

Consumer satisfaction – reel

Cultural Economics – post

D

Demand reel

         Shock to the demand (1) the demand for flowers post (2) the coronation quiche post (3) the viral TikTok recipe reel (4) a predicted shock to the demand (el dia del Pilar) reel

Dynamic games – post

E

Edgeworth Box reel

Excludability post

Externalities

Positive externalities: (1) Vaccines post

G

Game theory: (1) St. Valentines post (2) Tennis reel (3) TV shows reel

Extended games (1) the chain of favours post

Gatekeepers post

H

Horizontal Differentiation: reel

Horizontal Integration: reel

I

Inflation (1) Liz Truss’ government reel (2) the basket of goods post (3) Buying a new car reel

Industrial Revolution reel

Inequality reel

Interest rates (1) Bank of England reel1 reel2 (2) Flying a Kite reel  (3) Real vs Nominal interest rates reel (4) Long Run Interest Rates reel

Intermediaries post

M

Marginal costs posts

Marginal Productivity of Labour reel

Market Dynamics reel

Monopolistic Competition reel

N

Nash Equilibrium post reel

O

Olympicnomics post

P

Pareto optimal post

Present bias reel

Price Discrimination

         Second-degree price discrimination (1) the lunch deal post (2) Pret subscription post

Private Goods post

Product Differentiation reel

Public Goods post

Purchasing Power Parity post

Q

Quantitative easing reel

R

Reservation Price reel

Risk reel

Rivalry post

S

Scarce resources reel

Shrinkinflation post

Signalling post

Strategic Thinking post

Supply

         Excess of Supply post

         Shock to the supply post

Supply chain post

Sustainability post

Swiftonommics post

T

Tariffs reel

Tie in sales post

Trade war reel

U

Uncertainty

         The market for lemons post

Utility reel

         Law of diminishing marginal utility reel

V

Vertical Integration reel