Y1 8) Consumer and Producer Surplus

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Y1 8) Consumer and Producer Surplus

Рет қаралды 336,310

6 жыл бұрын

Y1 8) Consumer and Producer Surplus. Video covering everything there is to know about consumer and producer surplus
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Пікірлер: 126

@Lazymath007_ 4 жыл бұрын

This guy explained me something in 8 minutes that my economics teachers couldn't explain in multiple lessons

@samranoor4450 3 жыл бұрын

Sammee. Got my A levels next week, I'm just gonna binge all his vids 😭

@Lazymath007_ 3 жыл бұрын

@@samranoor4450 all the best! I am also doing A levels this year but I got mid term exams next week lmaoo

@nzeicyprian7198 3 жыл бұрын

kkk...i am sure you don't like your economics teacher

@rishikarvignesh5376 2 жыл бұрын

@@nzeicyprian7198 who does?🤧

@TensaiV Жыл бұрын

@@rishikarvignesh5376 i love mine

@erikadroldan 4 жыл бұрын

I've spent days trying to understand this concept, using study guides, econ textbooks and videos, no one has explained it as in depth and as simply as you have. I thought I was beyond help thank you so so much!!!!

@shaklainmohammedsifath8836 6 жыл бұрын

Very nicely explained in such a short time! Waiting for more videos.

@Nileshpandey0907 2 ай бұрын

Thank you so much econplusdal i am economics graduate and preparing for PG MA economics entrance exam for Mumbai school of economics and Public policy(MSEPP) Which is schedule on this sunday on 23rd june 2024. I was so confused about this topic but today after watching your video now i have understood this topic crystal clear. Thanks a lot again lots of love, support and respect for you from india(Mumbai). 17/06/2024 Monday 07:28AM

@burmatt5980 Жыл бұрын

I understand so much more of this topic now thanks to you, I was struggle with this for 3 months and within a 8 min video you've taught me everything thank you!!!!

@MA-wv3bo 4 жыл бұрын

please do not ever stop, very helpful and one of the best!! thank you!!

@nzeicyprian7198 3 жыл бұрын

he shouldn't die then kkk

@martalizasoain3580 8 ай бұрын

Great lesson! Also very satisfying the way you draw the triangles with the black marker

@joshuamartyn3987 6 жыл бұрын

Return of a legend

@jrob6789 Жыл бұрын

You just created a surplus of my time with this video. Thankyou.

@khayalethumakosi6678 2 жыл бұрын

you Sir are truly a genius!!!!!!! what a superb lecturer

@diabolicmaven6906 9 ай бұрын

A gifted individual, this man.

@mariahlatin2807 2 жыл бұрын

Thanks so much!! The Public Finance text is so convoluted - appreciate you teaching us!

@Em-dl8jv 4 жыл бұрын

omg thank you so much for making this video! im finally confident going into my practice paper 1 :)

@simranhurrill9346 4 жыл бұрын

This is so helpful You are such a good teacher

@JD-fg2dz Жыл бұрын

exam tomorrow this legend is coming in clutch

@anassiddiqui6846 6 жыл бұрын

@econplusdal kindly upload a video on transition economies and problems involved in the process. Also, include the advantages and examples of famous transition economies. I would be very grateful.

@user-sq2xs9ph2z 4 жыл бұрын

Do more of A-levels Year 1 and year 2 vids pleaseee ... its so helpful

@rachulus5897 2 жыл бұрын

beautiful man.thank you so much for teaching me this. i was lost.

@ReemaNayyar 2 жыл бұрын

Beautifully explained 👏🏻

@fmn10 3 жыл бұрын

Nothing much from me other than saying that U'RE THE BEST

@musium7569 4 жыл бұрын

Very clear and simple explanation. Really efficient. Kudos :)

@oliviawoodhead8768 2 жыл бұрын

9k for a university lecture to not make sense but i suddenly feel like a qualified economist after this 8 minute video

@anshkalwar7251 2 жыл бұрын

Hats off sir!! Amazing explanation.

@denuwan7688 3 жыл бұрын

Legend!

@danapink2150 5 жыл бұрын

Fs in the comments boys, i have exam tomorrow, wish me luck ENGLISH GEEZAS

@mariocincu479 3 жыл бұрын

good luck

@hiitsmeb7445 3 жыл бұрын

Good luck

@vongaichiwade164 3 жыл бұрын

What did u end up getting!x

@SugmaNutz69 3 жыл бұрын

Good luck bit late but why not 😂

@IAP_mkt 3 жыл бұрын

you've explained it a lot better than Khan Academy! thanks!

@IAmDistractedRn 2 жыл бұрын

oof throwing shade when they are already underwater. damn

@DeboraSuday-fw5uo Ай бұрын

Very detailed and clearly explained.

@sshubamsanmotra 6 жыл бұрын

one of the best lecture

@tanyaarora1445 4 жыл бұрын

great explanation! thankyou!

@ticloo3936 2 жыл бұрын

My teacher explains it just as well as he does, but im just allergic to the textbook so i still watch him.

@aliciabell4116 2 жыл бұрын

It’s so simple when you explain it Thankyou!!!!

@lucaslosantos8307 4 жыл бұрын

when the supply curve shift it does not only change the consumer surplus but also the producer surplus as the equilibrium changes and therefore the price changing both surplus right? Is something that i am wondering and that i might have wrong but as you do not talk about it in the video is having me wonder if I am right or wrong. Thank you for the videos, they are helping me a lot.

@formerlybn2786 6 жыл бұрын

EconPlusDal fan edit on my channel 👍🏽

@lolmaglkj4602 6 жыл бұрын

Great fan edit! Econplusdal you should watch this !

@EconplusDal 6 жыл бұрын

So awesome - gonna share all over social media 😂

@maanas799 2 жыл бұрын

dude i will pay u 10000 sgd a month to be my econs teacher. Ur amazing man keep up the good work

@user-uu3gd8eo1c Жыл бұрын

very well spoken, clearly explained, thanks

@rfhn2740 3 жыл бұрын

7:08 he said shit yes, that in fact is everything i understood from this video

@rayray97509 3 жыл бұрын

It was Shift. Not Shit😂😂

@teymommao6892 9 ай бұрын

Thank you for your vdo, after watching this I passed my quiz

@jamesinabradshaw1799 2 жыл бұрын

Thanks so much! I understand so much now. I am so grateful to you!

@jacobcouldridge9272 3 жыл бұрын

Your the GOAT

@thetoastedpotato1618 Жыл бұрын

This is kinda goated

@nareshsingh1090 Ай бұрын

Thank u sir you made this super easy

@saamiyaaa7269 5 жыл бұрын

This was really helpful👌🏽thank you

@BeforetheStorm. Жыл бұрын

Thank you for this video. Very easy to understand 👍

@indikakumarawalisundara3961 3 жыл бұрын

Very nice explanation. Keep it up. Thank you very much

@Adri_noseua 10 ай бұрын

Thank you so much! You clarify my doubts !!!

@abhijeetkumarsingh1511 6 жыл бұрын

hello sir please give a link of your website where anybody can go and just watch or download the whole video so that it can add you some extra more money as compared what you are earning from youtube. by the way very nice explation hatssoff

@diligentbwalya551 27 күн бұрын

Wow you have really saved me

@user-bg4cm4yn5t 2 жыл бұрын

This is really so clear and helpful.thank

@taibnawaz01 3 жыл бұрын

Nicely explained 👍

@to_discover_life 6 ай бұрын

pure love g

@Rey_B 2 жыл бұрын

hi, one doubt. in consumer surplus (inversely in producers surplus too) the price they are willing to pay more is for more quantity, but in this surplus concept, we discuss it as though, for same quantity demanded they are willing to pay more yet they actually paid less, resulting in surplus. this doesn't hold good for me. can you clarify that?

@yashwanthreddy7793 2 жыл бұрын

The demand curve is made by aggregating the demand from every consumer in the market, not just one specific consumer's price for different quantities. So basically if the price is 50, 75 people are willing to buy. If the price is 75, only 50 people are willing to buy because the other 25 people thought it wasn't worth it. Now to explain consumer surplus: when the price is 50, you have those 25 people + the 50 people who would have bought it even if the price was higher. For those 50 people, they'll happily save 25 bucks which is their surplus. Hope it's clear

@graced3091 5 жыл бұрын

Hi, can I know, why is it important to find the consumer surplus and producer surplus? How does it help the producer?

@cdog2305 3 жыл бұрын

Did you ever get an answer to this?

@graced3091 3 жыл бұрын

@@cdog2305 nope :/ hehehe

@hryhoriikaliuzhnyi4311 5 жыл бұрын

Very good explanation. But sometimes you speak too fast :) However, that doesn't distort the information Good luck!

@JohnWilson-qy8en 2 жыл бұрын

Thank you for your excellent help !!

@Alettifaqi 4 жыл бұрын

Thank you

@noushrab 3 жыл бұрын

Thank you. Great one. God Bless.

@hesselmulligan4846 Жыл бұрын

This video is really detailed

@BrawsonProductions 6 жыл бұрын

appreciate your vids- great help!

@shrutisharma48 3 жыл бұрын

Thank You so much sir. Please do one video for topic "Returns to scale" with diagramatic explaination.

@mousumichakraborty353 6 жыл бұрын

What happen the producer surplus when supply curve increase or decrease or when supply curve change? Similarly what happen the consumer surplus when demand curve change?

@willrobinson2958 5 жыл бұрын

Banger of a video

@thebible913 3 жыл бұрын

Thanks alot

@ahmedabdallah4346 3 жыл бұрын

You are the best ✊

@tahsinrahman8671 Ай бұрын

I was here to learn economics but here I'm all focused on his accent

@eliasalvarez6881 6 ай бұрын

Thank you, very very helpful

@ric6383 Жыл бұрын

Many thanks

@camilachoto5033 Жыл бұрын

thank you so much very helpful

@samran4 4 жыл бұрын

is this as for aqa as? thnx

@maxvest5413 3 жыл бұрын

you're a legend

@manasigoenka7599 Ай бұрын

Thanks

@anaya1012 2 жыл бұрын

Thank you so much 🙏

@aubreydebruyn84 Жыл бұрын

Thank you!

@rifathakhter8282 Жыл бұрын

Thankuu

@jessegomola2311 5 жыл бұрын

Good video, man. Thanks.

@pikapika3466 5 жыл бұрын

I love ur videos XD

@effmltalks Жыл бұрын

THANK YOU.

@paulothirstyfisharsenal1960 8 ай бұрын

Fantastic

@PixelPulse03 2 жыл бұрын

thank you so much!!

@venuri5254 2 жыл бұрын

Thanks a lot sir

@abdulfathah1403 Жыл бұрын

thank u so much man mgbu

@ahmedalabudi5171 3 жыл бұрын

sam luke

@mmarr4081 2 жыл бұрын

thank you

@prakaashjayabalan208 3 жыл бұрын

thanks sir .

@janeeire2439 Жыл бұрын

3:50 6:06 7:50

@ai-no4tc 6 жыл бұрын

Thankyou 👍

@hemanmohabir1292 4 жыл бұрын

It was helpful

@ThatWookieGuy 6 жыл бұрын

Do you teach managerial econ (calculus) Dal?

@jamescavan9187 Жыл бұрын

🐐🐐🐐🐐🐐

@user-st4gl6xw5t 7 ай бұрын

i love you

@JohnDoe-kj2cs 3 жыл бұрын

Best

@BroTraveler 3 жыл бұрын

I am embarrassed! what does it actually mean? how can it be a producer's surplus? He sold it at P2 that is it right? And he received P2 price. Then where is the surplus!!! He sold Q2 at P1 and he cannot sell it again for any less/more price. what does it actually mean!