6 minutes of bigpaj is more helpful than any of my econ classes

You got me through A levels and now you're about to get me through my first exam at university thank you

That is an example of a perfect teacher! In only 6 minutes,he was able to explain everything perfectly.I wish my lecturers were so good at lecturing instead of speaking nonsense !

YOU ARE A WIZARD AND YOU HAVE SAVED MY LIFE. YOU HAVE ALSO EXPLAINED MORE IN 6 MINUTES THAN ANY OF MY LECTURERS HAVE IN 2 YEARS. 2 YEARS...

You deserve a medal, sir.

Your videos are literally the only reason I am going to pass my final tomorrow. Thank you for taking the time to make these.

your silly analogy just saved my ass

The analogy definitely isn't silly, it is sheer didactic genius.

You explained in 6 minutes what my teacher needed a whole 1hr 30 min lesson to explain and you did it 10x better bravo sir

You have just made my life easier!! I'm studying economics externally (via correspondance), so don't attend lectures. Watching your videos complements what I am reading in my text and helps it make sense. THANK-YOU.

You just helped me understand something in 6 mins that I have been trying to understand for 3 days! Amazing job. Thank you!

your 'silly' example made me understand the thing I was struggling sooo hard for!! I finally understand the the BIG WHY? Honestly, i have started loving economics because of you.. the graphs make sense :) Thank you!!

now i think i get the best teacher of economics 100% clear concept thank u sir

Its 10pm, Tuesday here in India and i have a mid semester exam due tomorrow and all i can say is thank you. Thank you ever so much Sir! You may call your own example silly, but i call them revolutionary! your simple analogy of the relationship between MC and AC just made it so much easier to understand, not only for me but for the majority of your viewers! Thx and respect from India!

oh goodness...i never understood these concepts so well....Thanks a zillion!!! i've fallen in love with economics after watching these videos!!!!

the people analogy was brilliant for explaining why AC intersects MC at the lowest point, my teacher just said it as a given. thanks

Omg i've been looking through texts after texts and video after video and not explained this well enough till your video thx so much. Life saver literally have exams tomorrow and this is my only Achilles heal

The example of the room with 2m people is just brilliant =)) it's very simple so everybody could understand , thank you !!!

You are the best . WOW! what an explanation with such great understood-able examples. Thank you.

My professor makes this seem like the re-entry calculations for a NASA flight. This just seems like freshman economics. THANK YOU

Makes me smile when I understand it so simply from you.

Thank you for reinforcing the concepts. Your analogy was GREAT !

We need to press student government to call for "Webcast" of lectures at the UC's. I understand these and other concepts, such as physics, so much better after watching these post. Thank you so much and thank KZfaq.

Thanks a world. You have no clue how much you have helped me.

I have an important eco test tomorrow and this literally saved my life :)

thanks so much from an International student in the Netherlands:) keep making these helpfull video's!

Thank you sir your people analogy totally saved my life!

Thank you so much. I have watched almost all of your videos and they are a great help! Your a legend!!! (From High School Student in New Zealand)

thank you so much for this videos. the concept of cost curves have been bothering me for a while now, and this video managed to clear them up so well. thank you so much.

These are such good videos to learn Economics. Thank you so much for putting these. You have made my life much easier and Econ much more interesting.

The analogy was very helpful. Thanks a lot.

Thank you so much! That explanation of the intersection of MC and AC being at AC's minimum really helped out.

Excellent video! Thank you very much! Finally I could understand the relationship between MC and AC! Very amusing and clear example of people's height in the room! :)

you explain this so much better than my teachers!

Thank you from PAKISTAN! my teacher never gave me the simple logic of whyy these curves dip low or climb high. you made it a whole lot easier. Now i'll be able to make these by knowing the logic behind the action! cheers P.S. please post more videos!!!

Thanks alot! Your videos really clarify these concepts for me. My text book doesn't explain why the curves are the shape they are.

you're an EXCELLENT teacher, thank you SO much.

Amazing, like I drew out the AC and MC curves but never knew why they were like that, great help

Your videos has been very helpful, even as a graduate student I still learn alot, many thanks

Sir your videos are absolutely helpful especially for students like me who study economics through UoL external from Greece. Thank you..

Your 'silly' example was really helpful! Thank you so much!

I love you, this makes my micro-concept so clear

This man is honestly amazing!

The best economy video on youtube are done by you ;) I admit , You have a sense of a teacher....really talented :D

You Rock............. Thanks thanks and Thanks for this!!! All your videos rock, are simple and makes sense!! Very easy , great effort .. Thanks for doing this... and helping us... Thanks... Please , keep rocking and post more!

I have a test on this coming up soon and before watching this video I was completly baffled... not anymore thx to your video.

Thank you for making this video. It makes a bit more sense now.

That was so well-explained. Thank you!!!

Your silly analogy helped me to understand!! Thank you!

You sir are a legend!! Watched all of the videos as you explain the different topics so well, feeling a lot more confident for the exams now! Thank you!!

grt was real easy to understand keep up the good work going. thanks again.

I LOVE YOU Taught me A level economics and Now on a university level

excellent idea of uploading such helpful videos online!congrats

Many many thanks for the amazing lecture..! Is videos like these which make the understanding so much better.. Please keep up the amazing work Sir..

I wish you were at my University or at least my profs were as cool as you are. Thank you soooo much!

Thanks so much! These videos are a tremendous help.

I had my high school finals two days back.. and my concepts were very clear..so the exam went extremely well :) thinking of pursuing undergrad in Economics!

Wonderful!!! u make this so easy to understand. Thank you.

Saint Paul College in Minnesota is using your video to teach economics!

Thank God for people like you man.. V

This man is underrated

I would vote you for President......that's how good you are at economics

better then my lecturer!! thanks a bunch!

thanks alot ur a good teacher...university student in Jamaica

best explanation till date.... thnk you so much....

Thank you phil! awesome lecturing

dear sir; realy appeciatable thing , the way of explannation and simlicity. best and regds sunil from bahrain

Thank you this is very well explained, amazing!

Wow! thank you so much! loved the height analogy! :)

you're the best Mr Holden.. a legend indeed haha

Excellent video, thanks.

Thank you. Explained perfectly, subscribed!

Legend. This helped loads. Thanks!

Absolutely amazing. Thank you.

dear sir; presentation is realy gnarly. black board presentation from scrach is well attractive... sunil from kingdom of bahrain

Thank you again.

Amazing job! Thanks for making me understand it!

really good explaination!

Thank you so much. One suggestion, use current real life examples to illustrate cost curves and economics in general. :)

Thank you teacher all the best for u

I'd like to confirm my understanding - TC increases at a decelerating rate until a certain point (the lowest point of MC, which I understand) because fixed costs are being distributed across a larger and larger quantity. TC then being to rise at an accelerating rate as a result of diminishing returns, like MC. You can see this occur as the slope begins to change as the LDR begins to outweigh the impact of the spreading out of fixed costs. Correct?

Great video

Good job keep it up i believe with your help i can get a 1 in economics

then why isn't the Marginal Cost curve that shape in market failure diagrams (like externalities and merit etc.) ?

Excellent video!! Thank you so much!! :)

Thank you! you are allways helpful! Naamah

good job! very easy to understand now :)

@djstud1987 But you are wrong. AC does not equal MC for the first unit produced! The MC will be the variable cost of making the first unit (taking output from 0 to 1). But the AC when output = 1 is equal to the total cost and incorporates all fixed costs.

oh ok...that makes sense...I didn't know that...I thought MC reflects the total cost involved in making the next unit...

@akakki94 You just made my day. That's why I love teaching. Thank you!

thanks for this video. I thought it was funny my professor used the same analogy.

I like your analogy. Can you please explain how the AVC and the AFC pulls the ATC up/down? So basically, in summary, 3 factors will effect the shape of the ATC, and they are: AVC, AFC, and MC?

you are the greatest, thank you soooo much.

Well explained

great video !!!

amazing!!!!!!! so eaxy to teach now for mee thanks phil

Thx, brilliant example

Who gave this a thumbs down?!?!?!

damn, that was so clear. Thank you.

This was great!!!