No video

Change in Demand vs Change in Quantity Demanded- Key Concept

  Рет қаралды 259,033

Jacob Clifford

Jacob Clifford

Күн бұрын

A change in demand is when the whole curve shifts and a change in quantity demanded is movement along the demand curve due to a change in price. Price Doesn't shift the curve.

Пікірлер: 204
@Spetsnaz1220
@Spetsnaz1220 9 жыл бұрын
Explained it better in a minute than my professor could in a semester. Thank you
@clubmimo123
@clubmimo123 8 жыл бұрын
+Spetsnaz1220 now these days theres a lot of stuff to know. Thats prob y profs just brush over things. Sucks hard but not much we can do but rely on vids like these.
@jagerondayeet4764
@jagerondayeet4764 4 жыл бұрын
@@clubmimo123 ya but his guy explained it in 1 minute..... he got both the time and explaining done.
@RAGEEcs
@RAGEEcs 3 жыл бұрын
Soo true
@kalleericson8051
@kalleericson8051 8 жыл бұрын
You just explained in one minute, what my professor did in 45. Thanks a lot!
@michaelalale4056
@michaelalale4056 3 жыл бұрын
same with me here, lol
@e281tangy
@e281tangy 4 жыл бұрын
the only thing that affects quantity demanded is PRICE = perfect, thank you!
@DWGotSwag
@DWGotSwag 8 жыл бұрын
Mark Cuban is that you???
@elizabethmills1286
@elizabethmills1286 3 жыл бұрын
Lol!😅
@emilyelizabethhhh
@emilyelizabethhhh 10 жыл бұрын
Sad that I've never understood this concept in my two years of Econ class until now, thanks! Very helpful
@isntitswiftscenes4857
@isntitswiftscenes4857 2 жыл бұрын
Understood more from this one video than I did from an entire exams worth of lectures, thank you very much!🙌🏻
@coryt93
@coryt93 9 жыл бұрын
I bet you're a really damn good professor; this was really good. You also kinda remind me of Mark Cuban haha
@elizabethmills1286
@elizabethmills1286 3 жыл бұрын
Lol! Well the Mark Cuban part anyway
@Razor773_YT
@Razor773_YT 5 жыл бұрын
Thank you so much this Cleared up all my confusion. I was worried with my upcoming midterm but now I understand it.
@dylanchan7349
@dylanchan7349 3 жыл бұрын
You're a better teacher than my textbook, teacher, and smart friends combined. Thank you
@silasphiri6734
@silasphiri6734 4 жыл бұрын
Jacob your explanations are absolutely amazing man, I sit in my study in South Africa and watch you speak for 10 minutes and I grasp the concept. Thank you Sir
@saim000falcon
@saim000falcon 7 жыл бұрын
Oh man I watched many videos but you made my life easy... You have cleared my all concepts. Thanks a lot from Pakistan... Now I will show this video to my class mates...
@samanthalee4686
@samanthalee4686 6 жыл бұрын
This guy explains it better than google. 1:47 mins explained, very clearly and understood. VS a whole day reading a book and looking up on google and more confused. Thank you!!
@tabussumsehar7746
@tabussumsehar7746 7 жыл бұрын
idk how to say thanks to you.. you've been saving me from past year.. Thanks a lot ✌ i owe to acdc econ 😊
@blessings1063
@blessings1063 Жыл бұрын
I literally said out loud "oh my goodness" because of how simple you explained this. This really saved a lot of my time. Thank you.
@GraceMusicSaxArt
@GraceMusicSaxArt 11 жыл бұрын
Studying for my midterm and this helped me exactly. It brought everything back. Thank you!!
@ivancampos6754
@ivancampos6754 6 жыл бұрын
I couldn't grasp the difference between these two but now thanks to you, it makes total sense! The simple graph on the board helped tremendously too.
@adamaim3452
@adamaim3452 2 жыл бұрын
Finally I can understand these graphs. Took 2 times rewatching this to get what I've been trying to get reading my text book for 6 hours now lol.
@joshtheld
@joshtheld 4 жыл бұрын
Wow I finally understand this! Shoutout to my professor who never taught it. I finally understand why they say a change in price doesn't shift the demand curve!
@shiyolep
@shiyolep 10 жыл бұрын
Three words: Thank you, thank you, thank you!
@ErikaandDitrina2821
@ErikaandDitrina2821 5 жыл бұрын
thats actually 6 words :D
@xaladrez7811
@xaladrez7811 3 жыл бұрын
That's was 6 words bruh 😂
@DrBravo99
@DrBravo99 6 жыл бұрын
i wish this guy was my professor under stood it so well and he doesn't speak in monotone
@sierrabreeding7161
@sierrabreeding7161 5 ай бұрын
I just have to say thank you for this. So simple and so easy to understand. I will definitely remember this - my macro midterm is this week!
@clubmimo123
@clubmimo123 8 жыл бұрын
Understood it on the spot. Best of all, it took me a minute rather than an hour to understand this. Thanks yet again!
@BloodAndSweatNoTears
@BloodAndSweatNoTears 10 жыл бұрын
beautiful, succinct explanation
@rosswhitlock3025
@rosswhitlock3025 8 жыл бұрын
great help. I like how there's acdc on the board and on your belt buckle
@elizabethmills1286
@elizabethmills1286 3 жыл бұрын
Thank you for simply explaining what my Macro Economics professor didn’t explain to us for three classes.
@helga7955
@helga7955 6 жыл бұрын
You made my daughter understand in less than 2 minutes. Thank you soooooo much.
@elyastayar7057
@elyastayar7057 4 жыл бұрын
this guy looks like Mark Cuban !! thank you for explaining this in the simplest way ever, it's really helpful.
@elizabethmills1286
@elizabethmills1286 3 жыл бұрын
Lol!😅 He looks like Mark Cuban!
@mariaakter9242
@mariaakter9242 3 жыл бұрын
Now completely cleared about these.Your explaining method is just outstanding 👌
@courtneyc5364
@courtneyc5364 2 жыл бұрын
Thank you for explaining this so concisely in less than two minutes! Exactly what I needed! :)
@brianauge
@brianauge 6 жыл бұрын
These small nuggets of knowledge have been extremely helpful, many thanks!
@raquelisela
@raquelisela 9 жыл бұрын
it was a simple video, but very helpful. thanks very much :)
@co6742
@co6742 7 жыл бұрын
Thank you for being so concise, yet thorough in your explanation!!!
@aishwaryakatare1967
@aishwaryakatare1967 5 жыл бұрын
In just 2 mins you have explained the topic really well..thank you
@docdoc7496
@docdoc7496 10 жыл бұрын
just straight to the point. dat is what i want. thanks
@xaladrez7811
@xaladrez7811 3 жыл бұрын
Your comment is straight and to the point too lol😂
@macbookbunny
@macbookbunny 11 жыл бұрын
GENIUS!!! my econ teacher never explained it that way, she just assumed we knew, THANK YOU - hopeless usc freshman
@TheChaz789
@TheChaz789 6 жыл бұрын
Just wrote a thank you comment on another video a minute ago. Lol this channel is Gold!
@macdonaldnoreen7391
@macdonaldnoreen7391 2 ай бұрын
am gonna be writing a public exams in my country and this was super helpful thank you so much sir
@giacomomutti2589
@giacomomutti2589 Жыл бұрын
This man is such a legend
@sharkluxry
@sharkluxry 4 жыл бұрын
Thanks for the short, simple explanation. I am taking a fully online econ class with no lecture. And its honestly hard.
@LumerasLight1201
@LumerasLight1201 10 жыл бұрын
Thanks for the clear explanation! This really helped me out!
@415Dub
@415Dub 10 жыл бұрын
Ha, thanks man. I've been reading for 20 minutes trying to figure this out, one under 2 minute youtube video and I got it now.
@daroyguy
@daroyguy 12 жыл бұрын
Outstanding video!!! Confusion is now now non-existent. Thank you.
@kaetindall7274
@kaetindall7274 Жыл бұрын
Great Video, why did I think this was Mark Cuban at first lol. Thank you!
@Kambroplays
@Kambroplays 11 ай бұрын
Thank you, My professor has a very heavy accent. This helps a lot!
@budourhasona861
@budourhasona861 11 жыл бұрын
thank you so much! I have a midterm tomorrow!
@bree05101
@bree05101 12 жыл бұрын
You rock dude! Like, i was super confused. CONFUSION CLEARED :D thanks a whole lot :D
@xaladrez7811
@xaladrez7811 3 жыл бұрын
Also wanted to add that The movement along the curve from A to C is an *expansion in quantity demanded* ( as Q increases) while the movement along the curve from A to a point above A is a *contraction in quantity demanded* ( as Q decreases)
@realskitz
@realskitz 11 жыл бұрын
Someone give this man a cookie.
@improvementcat8024
@improvementcat8024 Жыл бұрын
sending love from India G! you're awesome as a SUPERHERO!
@budourhasona861
@budourhasona861 11 жыл бұрын
I agree! I wish he was my instructor!
@AHMADWAER
@AHMADWAER Жыл бұрын
very very good explanation, better than many other essays, thank you very much
@ckysusanliu
@ckysusanliu 4 жыл бұрын
2020 still watching it. He rocks
@ajibolabalogun9834
@ajibolabalogun9834 Жыл бұрын
An absolute legend
@ItstheGG
@ItstheGG 7 жыл бұрын
Mark Cuban just taught me Econ #winning That was really helpful, Thank you
@fartingmenace
@fartingmenace 10 жыл бұрын
im so thankful for these videos cramming before my ap test..
@wandrag1430
@wandrag1430 6 жыл бұрын
Great crash course sir to explain the concept perfectly. Well presented as well!
@aliyazhunussova5524
@aliyazhunussova5524 3 жыл бұрын
thanks a lot for that 1-minute video, very helpful
@ntandomadidaprime1867
@ntandomadidaprime1867 Жыл бұрын
I passed economics because of you....I love you
@summerhu3875
@summerhu3875 Жыл бұрын
Wow, this video is amazing! Right to the point! thanks!
@ishyr3414
@ishyr3414 9 жыл бұрын
legend among men
@RAGEEcs
@RAGEEcs 3 жыл бұрын
Universities are starting to become useless. I pay for university yet get much better value and understanding out of free youtube. Thanks man
@mhockey14
@mhockey14 12 жыл бұрын
You are so much better than my teacher
@tkt228
@tkt228 11 жыл бұрын
Jesus this explained it so much better than my text book
@CelestialChrissy97
@CelestialChrissy97 11 жыл бұрын
Your videos are awesome! i could read my text as much as i want and it still cant make as much sense as you do in 5 mins....thanks a lot! :D
@MISHIxxxx
@MISHIxxxx 9 жыл бұрын
So clear and easy to understand!!
@G.T_666
@G.T_666 6 жыл бұрын
BRO... *IT WAS REALLY THAT SIMPLE THIS ENTIRE TIME????*
@xaladrez7811
@xaladrez7811 3 жыл бұрын
I KNOW RIGHT!!!!?!!
@Luvpandies1
@Luvpandies1 10 жыл бұрын
this helped me so much!
@zhangjason10
@zhangjason10 7 жыл бұрын
Quick and to the point nice job
@unix_5587
@unix_5587 Жыл бұрын
Makes a lot of sense. Thank you brother
@JoeSmith-zm9ur
@JoeSmith-zm9ur 6 жыл бұрын
I wonder how this video even has dislikes... it was perfect...
@mariavandenheuvel1199
@mariavandenheuvel1199 4 жыл бұрын
Well explained in 2min!! Thank you
@sashapruss4700
@sashapruss4700 10 жыл бұрын
this is easy to understand, engaging and very helpful. thank you, I subscribed. hopefully this can help when I have to take econ in college too.
@sameerbhardwaj6539
@sameerbhardwaj6539 6 жыл бұрын
Simply,To distinguish, Just look if even at higher prices if demand is increasing in a graph, it means it is change in demand. Because in change of demand, price of commodity does not matter. What matters is the other determinants of demand like preference, taste etc. Even in higher prices consumer will buy that commodity if its his preference. Focus to the part where he says people are somehow buying even at 5$. Thats change in demand. Price matters in change in quantity demanded not in change in demand.
@tariqmohiuddinahmed7100
@tariqmohiuddinahmed7100 13 күн бұрын
Amazing explanation 👏
@dr_atheist4272
@dr_atheist4272 8 жыл бұрын
It's a very interactive video, right as I looked away, he told me to pay attention.
@FlipperKoala
@FlipperKoala 4 жыл бұрын
He’s a soul saver
@weix1181
@weix1181 Жыл бұрын
short and simple, thank u!!
@tasneembaluchi
@tasneembaluchi Жыл бұрын
thank you it make all sense now , much love
@vinayvis821
@vinayvis821 6 жыл бұрын
Thank you so much man-living legend!
@ibs_haver
@ibs_haver 6 жыл бұрын
Jesus if only my econ professor was this succinct.
@zayedalmazroui7942
@zayedalmazroui7942 9 жыл бұрын
You make life easy thanks a lot
@kaes2425
@kaes2425 9 жыл бұрын
omg u made more sense in 2 mins than my professor did in 4 weeks
@kareenabalsara8910
@kareenabalsara8910 6 жыл бұрын
Intro to economics on Tuesday! Wish me luck
@ceeshanks8319
@ceeshanks8319 5 жыл бұрын
thank you soooooo much! Your explanation helped me understand this better!
@tarektahan7759
@tarektahan7759 7 жыл бұрын
I soooo want this guy to be my business or exec teacher
@elizabethmills1286
@elizabethmills1286 3 жыл бұрын
I want him to be my professor to be honest for Econ or maybe even accounting
@heinzzketchupp6851
@heinzzketchupp6851 5 жыл бұрын
This helped a ton! Thanks!
@eli.8991
@eli.8991 9 жыл бұрын
wow, easy and informative.
@andrews6882
@andrews6882 11 ай бұрын
Hey, it’s the guy from Crash Course
@queenserenity5643
@queenserenity5643 7 жыл бұрын
Wow, thank you. So clear
@fartingmenace
@fartingmenace 10 жыл бұрын
Lol, coming back to this before the AP TEST!
@cliffordjoylu371
@cliffordjoylu371 6 жыл бұрын
Thank you, it’s crystal clear now. 😊
@kirstenfrison5383
@kirstenfrison5383 11 жыл бұрын
you should teach econ at Ohio State! my econ teacher is terrible!!! thank you for saving me:)
@ThatGuy0791
@ThatGuy0791 3 ай бұрын
thank you for the explanation sir!
@wilymwinyi9996
@wilymwinyi9996 5 жыл бұрын
So well understood Thank you
@samanthamarionn
@samanthamarionn 11 жыл бұрын
you sir, are a genius
@LucidEnigma21
@LucidEnigma21 12 жыл бұрын
Thank you so much!! Currently learning this stuff and was stuck on the difference, helped alot man! :D
@lutongliang6073
@lutongliang6073 8 жыл бұрын
Thank u so much! It 's a very clear explanation.
@msgeron
@msgeron 11 жыл бұрын
Thanks coach keep it up your awesome
@DS-ff6ze
@DS-ff6ze 7 жыл бұрын
Plain and simple. If a good/service is on sale, you buy a higher quantity of it but that doesn't mean you spend more money on it. If there a price hike, let's say gasoline goes up, you still buy it but you don't buy as much. In these cases quantity demanded change, but there's no actual inherent loss or gain in the economy.
@ratulmahmud2900
@ratulmahmud2900 5 жыл бұрын
What a.......Class....Osam.💕💕💕
What Shifts the Demand Curve?
9:54
Marginal Revolution University
Рет қаралды 156 М.
Supply and demand in 8 minutes
7:51
Jacob Clifford
Рет қаралды 794 М.
Violet Beauregarde Doll🫐
00:58
PIRANKA
Рет қаралды 32 МЛН
Happy birthday to you by Tsuriki Show
00:12
Tsuriki Show
Рет қаралды 12 МЛН
Секрет фокусника! #shorts
00:15
Роман Magic
Рет қаралды 39 МЛН
Prime climb. El joc dels nombres primers
11:15
Ximo TIC
Рет қаралды 2
Elasticity of Demand- Micro Topic  2.3
6:13
Jacob Clifford
Рет қаралды 3,6 МЛН
1. Introduction and Supply & Demand
34:47
MIT OpenCourseWare
Рет қаралды 2,3 МЛН
Changes in Demand versus Changes in Quantity Demanded
5:53
Jason Welker
Рет қаралды 78 М.
supply demand in equilibrium
7:05
dmateer
Рет қаралды 473 М.
Elasticity Practice- Supply and Demand
13:11
Jacob Clifford
Рет қаралды 810 М.
Violet Beauregarde Doll🫐
00:58
PIRANKA
Рет қаралды 32 МЛН