CPI and Inflation- Macro 2.4

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CPI and Inflation- Macro 2.4

Рет қаралды 626,557

7 жыл бұрын

Hey econ students! Thank you for watching my videos. I really appreciate it. In this video I quickly go over the difference between the inflation rate and the Consumer Price Index (CPI) and then give you several practice problems. Be sure to pause the video and try it on your own. Also, keep in mind that CPI is all about the BASE...year. Please subscribe!
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@brad7130 6 жыл бұрын

10 mins of ur videos taught me more than my econ professor in two weeks. thank you.

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I swear👏🏽

@darthforexvader7201 5 жыл бұрын

Bradley Yelverton PLEASE im trying to find out: where is the best to obtain the raw Macroeconomic data from? (not second/third-hand data links please) Thank you in advance

@nomor8018 5 жыл бұрын

aHR0cHM6Ly93d3c1LnppcHB5c2hhcmUuY29tL3YvVnppdFhRcU8vZmlsZS5odG1sCg== Your welcome ;)

@darthforexvader7201 5 жыл бұрын

@@nomor8018 thank you but do you have any links for NIPA for everey contry? spot currency transactions + all company mergers and acquisitions? thank you!

@skokosilias5650 5 жыл бұрын

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@emilymiller4528 3 жыл бұрын

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I swear

@tejasappana4097 4 жыл бұрын

"They're not substitutes for teachers, they're complements..." Ahh, good old supply and demand shifters

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Ah, yes Nice one!!!

@elizabethmills1286 3 жыл бұрын

He said that his videos are not a substitute for our class, but my class is litterally an hour and fifteen minutes long, and so we haven’t had to much time for him to really teach us much of anything... Long story short I am kind of teaching myself, he did post narrated Powepoint Slides of what we were learning on my currrent class that was recorded by one of the other Macroeconomics professors at my college I believe, I watched all of those, as well as videos by MJM Foodie that he has posted on my class on Canvas, but they didn’t really seem to be helping so then I started watching the Crash Course videos, which brings us to now

@nadine9818 3 жыл бұрын

@@elizabethmills1286 i mean my econ teacher last year for grade 8 was sooooo gooooodddd but now my teacher is a literal fossil and her notes are sooooo confusing

@anthonyr5141 3 жыл бұрын

you must have failed because those only shift demand not supply

@tejasappana4097 3 жыл бұрын

@@anthonyr5141 bro its not that deep i was just generally categorizing them... i hope you passed the ap exams cuz you failing at every social skill and i wouldn't want you to have nothing in life

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@lemondrink6653 3 жыл бұрын

i died laughing whenever the beat pops out after he says, "it's all about the base"

@kannoughada4315 6 жыл бұрын

probably should've discovered this waay before the night that's right before my final exam ...

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Were all the same

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Me asf

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i have my mid year econ exam tmr :)

@victoriafernandez1551 6 жыл бұрын

After being out of school for 10 years taking BUS101 online has been rough and a little boring! Thankfully my professor has made your videos a required part of the coursework, and trust me when I say it makes learning the economics part so much more fun! I can't thank you enough for your enthusiasm, and your time spent teaching on these videos!! Keep rockin' and rollin'!

@osamahafez5476 4 жыл бұрын

"So your teacher or professor already went over this." HA!

@dr.billschlosser7983 7 жыл бұрын

Absolutely valuable lesson!!! I have taught this to college students and now I see how you integrated repetition and example in a grand way. Nicely done!

@sanyamahajan9068 4 жыл бұрын

The price of steel produced in India sold to America goes up. what will happen to GDP deflator and CPI of America? rise or fall. please answer, thank you

@hardusvosloo 4 жыл бұрын

Jacob, you are a Godsend. I am busy studying for my MBA and after reading through my prescribed content I always come back to you for clarification. Thank you, thank you, thank you!

@MightyGalactus_ Жыл бұрын

I just wanna say a big thank you Mr.Clifford, your videos already helped me get 5 in AP micro and I’m trying to get 5 in macro with your tutorials, your ways of teaching economics is just so clear and enjoyable, I’m grateful.

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I am re-teaching myself the entire course with this guys and I think it's working!!!!

@konisettiharika4621 3 жыл бұрын

there was a piece of short music when he says "it's all about the base" its been 3 years and when someone asks me about CPI me: It's all about the base.

@alejandraespitia9097 2 жыл бұрын

taking an online course and I can't thank you enough for your videos! So clear and concise

@lois7956 4 жыл бұрын

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Sir, you should be on the hall of fame. And they ARE a substitute for my teacher !!

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@sanyamahajan9068 4 жыл бұрын

The price of steel produced in India sold to America goes up. what will happen to GDP deflator and CPI of America? rise or fall. please answer, thank you

@julianfranco3099 8 ай бұрын

Continually have come back to this video over the years. Thank you Jacob! Peace be with you.

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ALL THE THANKS! Been following you for around a year and your videos have helped me grasp concepts I never thought I'd be able to. You're helping me remember, explaining in ways that make me actually go "OHHH" and not feel as dumb as I did ten minutes previous to watching. You're great! And funny as a bonus. Thanks again JC!

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when?

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@jenniferhines9784 5 жыл бұрын

Mr. Clifford I'm not sure if you read these comments, there's not a 2.4-Inflation video. My textbook sucks which is why I'm using your videos to learn economics. And I'm moving through the content much faster after watching your videos. Just thought I'd let you know, like you didn't already, that there seems to be some content missing. Maybe it's not and i can't find it. But a huge THANK YOU for teaching economics in a way I understand. I was going very slow trying to understand this stuff on my own!

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@abigaill.6852 6 жыл бұрын

omg you really save me, I was about to give up my uni calculations. I was completely confused with the base year and inflation . Thank you so much

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@JacobAClifford 7 жыл бұрын

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I now know how to calculate everything just a few minutes😊thank you

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i always love your teaching. you have never disappointed me. thanks for making me better

@sgoulalhaokip9337 3 жыл бұрын

Very helpful. No doubt about that. I wants a video series about Economics from the view of a Historian, like who how and why did they developed the method of GDP, CPI etc. From the beginning of Agricultural world to Industrial world. Not a series based on a syllabus, considering that you have done that which helped us alot. Thank you.

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This video helped me prepare for graduation exam (cleared out all misconceptions I had) Thnx

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@niharika8297 4 жыл бұрын

The sudden bass in your base almost gave me a heart attack! Thanks for the vid!

@ginginong-cornel2136 Жыл бұрын

This is great! I understood this, considering I dont have any background basic Economics

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@ranam8142 3 жыл бұрын

Best way to explain about CPI

@AdvTrainerJoeMontano 5 жыл бұрын

Thank god for youtube. Mr.C you are the GOAT

@charliejennifer3874 2 жыл бұрын

Didn’t know u could use the basket value OR index number for finding the inflation rate. Thank you!!!

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Yo youtube, this dude makes great videos and saves some ass across the world.

@hyeonbinhong229 2 жыл бұрын

I watched this for my quiz tmr and it was better than my teacher's 55 min lecture on this 😂 Thank u for all of this Mr. Clifford! TMI: THIS IS THE 400TH COMMENT ON THIS VIDEO!

@mohamedyaseen9637 5 жыл бұрын

Mr.Clifford a living legend,thank you sir.

@NIPSZ 7 жыл бұрын

The genuine gauge for inflation is found in asset inflation! CPI's basket changes over time.

@airahmaysurigao5121 6 жыл бұрын

it helped a lot 😇 Very timely

@dancaryl4401 6 жыл бұрын

Mr. Clifford, Thank you for this video. Although it is much longer than most of the other videos, you do a splendid job of explaining these concepts. Cheers Dan Caryl #econwarriortraining

@mse5842 5 жыл бұрын

Thanks for the vid m8, I'm definitly gonna watch more before my big exams next year one thing tho: <a href="#" class="seekto" data-time="103">1:43</a> pls no....

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