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
@Spetsnaz12209 жыл бұрын
Explained it better in a minute than my professor could in a semester. Thank you
@clubmimo1238 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.
@jagerondayeet47644 жыл бұрын
@@clubmimo123 ya but his guy explained it in 1 minute..... he got both the time and explaining done.
@RAGEEcs3 жыл бұрын
Soo true
@kalleericson80518 жыл бұрын
You just explained in one minute, what my professor did in 45. Thanks a lot!
@michaelalale40563 жыл бұрын
same with me here, lol
@e281tangy4 жыл бұрын
the only thing that affects quantity demanded is PRICE = perfect, thank you!
@DWGotSwag8 жыл бұрын
Mark Cuban is that you???
@elizabethmills12863 жыл бұрын
Lol!😅
@emilyelizabethhhh10 жыл бұрын
Sad that I've never understood this concept in my two years of Econ class until now, thanks! Very helpful
@isntitswiftscenes48572 жыл бұрын
Understood more from this one video than I did from an entire exams worth of lectures, thank you very much!🙌🏻
@coryt939 жыл бұрын
I bet you're a really damn good professor; this was really good. You also kinda remind me of Mark Cuban haha
@elizabethmills12863 жыл бұрын
Lol! Well the Mark Cuban part anyway
@Razor773_YT5 жыл бұрын
Thank you so much this Cleared up all my confusion. I was worried with my upcoming midterm but now I understand it.
@dylanchan73493 жыл бұрын
You're a better teacher than my textbook, teacher, and smart friends combined. Thank you
@silasphiri67344 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
@saim000falcon7 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...
@samanthalee46866 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!!
@tabussumsehar77467 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 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.
@GraceMusicSaxArt11 жыл бұрын
Studying for my midterm and this helped me exactly. It brought everything back. Thank you!!
@ivancampos67546 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.
@adamaim34522 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.
@joshtheld4 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!
@shiyolep10 жыл бұрын
Three words: Thank you, thank you, thank you!
@ErikaandDitrina28215 жыл бұрын
thats actually 6 words :D
@xaladrez78113 жыл бұрын
That's was 6 words bruh 😂
@DrBravo996 жыл бұрын
i wish this guy was my professor under stood it so well and he doesn't speak in monotone
@sierrabreeding71615 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!
@clubmimo1238 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!
@BloodAndSweatNoTears10 жыл бұрын
beautiful, succinct explanation
@rosswhitlock30258 жыл бұрын
great help. I like how there's acdc on the board and on your belt buckle
@elizabethmills12863 жыл бұрын
Thank you for simply explaining what my Macro Economics professor didn’t explain to us for three classes.
@helga79556 жыл бұрын
You made my daughter understand in less than 2 minutes. Thank you soooooo much.
@elyastayar70574 жыл бұрын
this guy looks like Mark Cuban !! thank you for explaining this in the simplest way ever, it's really helpful.
@elizabethmills12863 жыл бұрын
Lol!😅 He looks like Mark Cuban!
@mariaakter92423 жыл бұрын
Now completely cleared about these.Your explaining method is just outstanding 👌
@courtneyc53642 жыл бұрын
Thank you for explaining this so concisely in less than two minutes! Exactly what I needed! :)
@brianauge6 жыл бұрын
These small nuggets of knowledge have been extremely helpful, many thanks!
@raquelisela9 жыл бұрын
it was a simple video, but very helpful. thanks very much :)
@co67427 жыл бұрын
Thank you for being so concise, yet thorough in your explanation!!!
@aishwaryakatare19675 жыл бұрын
In just 2 mins you have explained the topic really well..thank you
@docdoc749610 жыл бұрын
just straight to the point. dat is what i want. thanks
@xaladrez78113 жыл бұрын
Your comment is straight and to the point too lol😂
@macbookbunny11 жыл бұрын
GENIUS!!! my econ teacher never explained it that way, she just assumed we knew, THANK YOU - hopeless usc freshman
@TheChaz7896 жыл бұрын
Just wrote a thank you comment on another video a minute ago. Lol this channel is Gold!
@macdonaldnoreen73912 ай бұрын
am gonna be writing a public exams in my country and this was super helpful thank you so much sir
@giacomomutti2589 Жыл бұрын
This man is such a legend
@sharkluxry4 жыл бұрын
Thanks for the short, simple explanation. I am taking a fully online econ class with no lecture. And its honestly hard.
@LumerasLight120110 жыл бұрын
Thanks for the clear explanation! This really helped me out!
@415Dub10 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.
@daroyguy12 жыл бұрын
Outstanding video!!! Confusion is now now non-existent. Thank you.
@kaetindall7274 Жыл бұрын
Great Video, why did I think this was Mark Cuban at first lol. Thank you!
@Kambroplays11 ай бұрын
Thank you, My professor has a very heavy accent. This helps a lot!
@budourhasona86111 жыл бұрын
thank you so much! I have a midterm tomorrow!
@bree0510112 жыл бұрын
You rock dude! Like, i was super confused. CONFUSION CLEARED :D thanks a whole lot :D
@xaladrez78113 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)
@realskitz11 жыл бұрын
Someone give this man a cookie.
@improvementcat8024 Жыл бұрын
sending love from India G! you're awesome as a SUPERHERO!
@budourhasona86111 жыл бұрын
I agree! I wish he was my instructor!
@AHMADWAER Жыл бұрын
very very good explanation, better than many other essays, thank you very much
@ckysusanliu4 жыл бұрын
2020 still watching it. He rocks
@ajibolabalogun9834 Жыл бұрын
An absolute legend
@ItstheGG7 жыл бұрын
Mark Cuban just taught me Econ #winning That was really helpful, Thank you
@fartingmenace10 жыл бұрын
im so thankful for these videos cramming before my ap test..
@wandrag14306 жыл бұрын
Great crash course sir to explain the concept perfectly. Well presented as well!
@aliyazhunussova55243 жыл бұрын
thanks a lot for that 1-minute video, very helpful
@ntandomadidaprime1867 Жыл бұрын
I passed economics because of you....I love you
@summerhu3875 Жыл бұрын
Wow, this video is amazing! Right to the point! thanks!
@ishyr34149 жыл бұрын
legend among men
@RAGEEcs3 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
@mhockey1412 жыл бұрын
You are so much better than my teacher
@tkt22811 жыл бұрын
Jesus this explained it so much better than my text book
@CelestialChrissy9711 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
@MISHIxxxx9 жыл бұрын
So clear and easy to understand!!
@G.T_6666 жыл бұрын
BRO... *IT WAS REALLY THAT SIMPLE THIS ENTIRE TIME????*
@xaladrez78113 жыл бұрын
I KNOW RIGHT!!!!?!!
@Luvpandies110 жыл бұрын
this helped me so much!
@zhangjason107 жыл бұрын
Quick and to the point nice job
@unix_5587 Жыл бұрын
Makes a lot of sense. Thank you brother
@JoeSmith-zm9ur6 жыл бұрын
I wonder how this video even has dislikes... it was perfect...
@mariavandenheuvel11994 жыл бұрын
Well explained in 2min!! Thank you
@sashapruss470010 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.
@sameerbhardwaj65396 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.
@tariqmohiuddinahmed710013 күн бұрын
Amazing explanation 👏
@dr_atheist42728 жыл бұрын
It's a very interactive video, right as I looked away, he told me to pay attention.
@FlipperKoala4 жыл бұрын
He’s a soul saver
@weix1181 Жыл бұрын
short and simple, thank u!!
@tasneembaluchi Жыл бұрын
thank you it make all sense now , much love
@vinayvis8216 жыл бұрын
Thank you so much man-living legend!
@ibs_haver6 жыл бұрын
Jesus if only my econ professor was this succinct.
@zayedalmazroui79429 жыл бұрын
You make life easy thanks a lot
@kaes24259 жыл бұрын
omg u made more sense in 2 mins than my professor did in 4 weeks
@kareenabalsara89106 жыл бұрын
Intro to economics on Tuesday! Wish me luck
@ceeshanks83195 жыл бұрын
thank you soooooo much! Your explanation helped me understand this better!
@tarektahan77597 жыл бұрын
I soooo want this guy to be my business or exec teacher
@elizabethmills12863 жыл бұрын
I want him to be my professor to be honest for Econ or maybe even accounting
@heinzzketchupp68515 жыл бұрын
This helped a ton! Thanks!
@eli.89919 жыл бұрын
wow, easy and informative.
@andrews688211 ай бұрын
Hey, it’s the guy from Crash Course
@queenserenity56437 жыл бұрын
Wow, thank you. So clear
@fartingmenace10 жыл бұрын
Lol, coming back to this before the AP TEST!
@cliffordjoylu3716 жыл бұрын
Thank you, it’s crystal clear now. 😊
@kirstenfrison538311 жыл бұрын
you should teach econ at Ohio State! my econ teacher is terrible!!! thank you for saving me:)
@ThatGuy07913 ай бұрын
thank you for the explanation sir!
@wilymwinyi99965 жыл бұрын
So well understood Thank you
@samanthamarionn11 жыл бұрын
you sir, are a genius
@LucidEnigma2112 жыл бұрын
Thank you so much!! Currently learning this stuff and was stuck on the difference, helped alot man! :D
@lutongliang60738 жыл бұрын
Thank u so much! It 's a very clear explanation.
@msgeron11 жыл бұрын
Thanks coach keep it up your awesome
@DS-ff6ze7 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.