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Calculus Proof of Perfect Competition

  Рет қаралды 32,558

Economicsfun

Economicsfun

Күн бұрын

Tutorial on the perfect competition using calculus. In this tutorial I prove that profit is maximized when Marginal Revenue = Marginal Cost (MR = MC). This is typically taught in a microeconomics class.
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• Perfect Competition

Пікірлер: 25
@b.g.3851
@b.g.3851 6 жыл бұрын
Thanks! I have not had calculus yet but I still found this helpful in understanding why this is so. I have had pre-calculus algebra. If others watching have not had calculus yet, you might still want to watch it as long as you have some algebra.
@dannymiller504
@dannymiller504 9 жыл бұрын
My, what a soothing voice you have. "All the better for explaining economic theory to you, my dear" would be my pocket retort, in this case.
@economicsfun
@economicsfun 11 жыл бұрын
Always wonderful to hear that videos are filling in the gap. Make sure you like MyBookSucks on FaceBook (see link in video description). This will help others find the educational videos.
@crizzamarie
@crizzamarie 2 жыл бұрын
Thank you, this is very helpful. Just finished all of your three videos. I learned it faster than it was taught in my class.
@economicsfun
@economicsfun 12 жыл бұрын
@xbsl123x Thanks for your feedback and that is hard to do. It is something I strive for concise, clean to the point. I have often thought of making different versions of the same video for the novice, intermediate and advanced student. Thanks again.
@mdureva
@mdureva 9 жыл бұрын
so good explanation - you cannot find that in books!! Thanks very much!!
@laurynai
@laurynai 3 ай бұрын
Great channel, very clear information 🧑‍💻
@Horsefording
@Horsefording 12 жыл бұрын
Great video. I would have one request that you bring in a little more of why things happen. Great explanations of what happens, but I still go away feeling that I have to remember what happens instead of being able to deduce what happens because I know why they happen.
@economicsfun
@economicsfun 12 жыл бұрын
@Horsefording That is a great suggestion. I plan on making a series of companion videos on the "economics of life" where I explain the economics of why people post on facebook or KZfaq.
@mkhanduri
@mkhanduri 9 жыл бұрын
Great presentation and concepts are elaborated so well. Thanks for sharing such videos.
@economicsfun
@economicsfun 9 жыл бұрын
+Mayank Khanduri You are very welcome.
@profusionfitness
@profusionfitness 8 жыл бұрын
keep up the good work ! the way you are presenting everything is great ! everythings really clear :) Thank you !
@MrMarkgyuro
@MrMarkgyuro 4 жыл бұрын
i wnated to get deeper into economics after implementing the theory! thank you for your clear videos!
@OnFaYa
@OnFaYa 11 жыл бұрын
great video! It really helped me understand wth my prof was scribbling on the board
@economicsfun
@economicsfun 12 жыл бұрын
@knallbirne3000 Thanks! Appreciate the feedback and I hope the vids help you get an A in your classes.
@mmchaava
@mmchaava 9 жыл бұрын
very good presentation; incredible teaching skill
@economicsfun
@economicsfun 9 жыл бұрын
MacDonald Chaava Thank you! If you get a chance like, share the videos (and www.Facebook.Com/PartyMoreStudyLess). This will help others find the videos. Good luck in your studies too.
@AsgharKhan-fd1ul
@AsgharKhan-fd1ul 12 жыл бұрын
calculus jst clears everything. thanx
@matthewkapesa5689
@matthewkapesa5689 5 жыл бұрын
This is helping me to understand thank you so much.
@nanayawsonmeshack6831
@nanayawsonmeshack6831 9 жыл бұрын
i love ECONOMICfun. great work
@tyrians6376
@tyrians6376 2 жыл бұрын
Why doesn't this same proof apply to monopolies?
@user-wl2xj1tx1z
@user-wl2xj1tx1z Жыл бұрын
You are right. My book sucks compared to this way to teaching.
@drallisimo34
@drallisimo34 8 жыл бұрын
cool!!!
@dimitriysokolov1257
@dimitriysokolov1257 9 жыл бұрын
+1
@knallbirne3000
@knallbirne3000 12 жыл бұрын
Sorry, but i have to disagree and say your videos are perfectly sized and everything top !
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