Consumer surplus introduction | Consumer and producer surplus | Microeconomics

Consumer surplus introduction | Consumer and producer surplus | Microeconomics | Khan Academy

Рет қаралды 566,497

12 жыл бұрын

Consumer surplus as difference between marginal benefit and price paid
Watch the next lesson: www.khanacademy.org/economics...
Missed the previous lesson? www.khanacademy.org/economics...
Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.
For free. For everyone. Forever. #YouCanLearnAnything
Subscribe to Khan Academy's Microeconomics channel: / channel
Subscribe to Khan Academy: kzfaq.info_...

Пікірлер: 55

@shinchiwarrior 10 жыл бұрын

my head is going to explode

@flamingored960 7 жыл бұрын

shinchiwarrior I'm taking a advance placement economics and I have a test tomorrow morning #ripbrain

@alprimordial7053 5 жыл бұрын

Then go back to your humanities books

@musicfriend2051 4 жыл бұрын

I feel u bro. lol

@lorenzorichards7093 3 жыл бұрын

agreed

@malaikasafeer9415 2 жыл бұрын

I have already blown by studying economics all day

@backdraftvideos1180 9 жыл бұрын

I didn't pay attention all year in Econ and I just learned the whole damn thing in like 30 minutes on Khan academy

@sherryfay9026 Жыл бұрын

I’m currently doing an MBA course and your videos have honestly helped me so much in getting to grips with the economics module. The explanations are so thorough and have been making it so much easier to wrap my head around the topics at hand. So grateful !

@figulapt3784 Жыл бұрын

you are stupid if you are taking mba and cannot even self learn such basic concept

@Liljoozy 11 жыл бұрын

= "Khan academy offers higher utility per 60 seconds than 60 seconds of time in class."

@nyx_bts4992 4 жыл бұрын

I'm a law student at the first year but we have economic lessons too and my teacher is USELESS. Not to mention that we work with a quite advanced textbook (at least for us law students that don't want to deal that much with calculations). I was feeling so stupid because I couldn't understand the book, neither the problems but Khan Academy just saved me. These videos make me realize that I'm not stupid to understand economics, it's just that I need to have someone to explain things simply and carefully. THANK YOU KHAN ACADEMY❣

@vurtnesaerdna 2 ай бұрын

4 years has past, did you become a lawyer ?

@virgozero 12 жыл бұрын

1.) skip class 2.) watch 10min vids from khan academy 3.) Profit!?!??

@wedeldylan 4 жыл бұрын

Very true, classes are extremely inefficient when the concepts they put forth are this basic

@alensaric1082 6 жыл бұрын

I can tell you I didn't get a consumer surplus by signing up for this class

@masokys 5 жыл бұрын

Sal, how on earth do you have the motivation to learn so much!?

@Drutzie 12 жыл бұрын

Thank u so much for your service......you've been a life saver

@eltonjohnsonhlabano 7 жыл бұрын

I AM LOVING THIS ITS REALLY HELPFUL THANX

@Quickonomics 4 жыл бұрын

This is a good introduction. For those who need more information on how to calculate consumer surplus, we have created an additional step-by-step tutorial on our channel.

@aaronspots3123 4 жыл бұрын

Thanks, that was really helpful!

@alvaro8914 4 жыл бұрын

Not all heroes wear capes

@afonsogranja9645 Жыл бұрын

thanks for your video

@MustafaHammood 10 жыл бұрын

hey khan could you please link to the next and previous video your videos series, it gets kinda confusing. thanks

@yatharth-lk7fq 7 ай бұрын

excellant

@hugodsa89 12 жыл бұрын

@khanacademy again sorry, our should we look at the slope of the demand curve, until it reaches a points or the marginal benefit is still positive, until it reaches a stationary point?

@huiwen3938 3 жыл бұрын

Is marginal benefit = consumer surplus and can we use the term interchangeably?

@piesdepau 3 жыл бұрын

why is there a consumer surplus (gain on the side of the consumer) if they've paid 60 000 for a products which's price is 30 000?

@williamkane1333 2 жыл бұрын

i also confuse, i suppose it have to be a gain for the seller side right ?

@KrishnenduJ-hc5fg Жыл бұрын

60,000 is how much they value the good; at equilibrium they end up paying only 30,000. So there's a gain of 30,000!

@ConnerVain 10 ай бұрын

Anything that will propel towards graduation and a better life.

@TheBlankThought 11 жыл бұрын

My final is today for economics. Please save me Khan.

@brendanm7059 6 жыл бұрын

How did that final go

@simoncopeland 4 жыл бұрын

@@brendanm7059 asked 5 years later hahaha

@MrGiTag 12 жыл бұрын

make some advanced function video

@max12345678904 12 жыл бұрын

@jappanpreeti nope, it's not.

@terrell0011 8 жыл бұрын

Which video came before this one an which comes after? I'm kind of confused..

@ACoTMify 4 жыл бұрын

Before is marginal benefit and after is producer surplus.

@nanyamishra 3 жыл бұрын

@@ACoTMify Bro! Had you been here 5 years ago, he would not have left the course.

@Sparksy Жыл бұрын

Im so confused on why the consumer surplus is 60k meaning they got that much more in benefit. To me it sounds like theyre overpaying it?why is this a benefit?why is it a "consumer surplus" if it's the seller getting more $? So confused.

@hugodsa89 12 жыл бұрын

@khanacademy if we take into account what is our costs of production and produce just enough so we can pay ourselves, wouldn't it be the best a welfare society? or apply it to companies owned by the governments, so generate a higher welfare

@ckreeder 12 жыл бұрын

@hugodsa89 Prices determine costs. If you arbitrarily decide what your costs will be (just enough to pay ourselves, you say) society will be more poor. Note how government produces things and costs are incurred to produce those things, but no one buys or sells them. Instead they are paid with taxes. Whereas the marketplace determines prices through buying and not-buying things. Note also government is brutally inefficient but market is gloriously efficient. There is a connection.