I come here and its 2019, This dude saved my GPA 🌚💗

What a wonderful compliment. And yes I plan to post more and more videos on economics, statistics, calculus, algebra and trigonometry. You can find links to all this on the MyBookSucks facebook page (see link in video description).

Excellent!I took me hours to find this perfect video, simple clear and efficient.

You are very welcome! Make sure you like MyBookSucks on FaceBook. This will help others find the educational videos (see video description for link).

You are very welcome. Make sure you like MyBookSucks on FaceBook (see link in video description). This will help other students find the videos.

yes, lol! Good luck in your studies too. Make sure you like MyBookSucks on Facebook see the link in the video description.

Thank you very much for taking your time to help people like me..May the Good LORD Bless you and give you strength to continue with you outstanding work..I really love economics but right now I am struggling with development economics-its not difficult but I find it hard to interpret everything or even how to answer the questions

Thanks! Make sure you like MyBookSucks on FaceBook (see link in video description). This will help me spread the word about the educational videos.

Good luck on your exam! Make sure you like MyBookSucks on FaceBook (see link in video description). This will help others find the educational videos.

Wow! Thanks for such an articulate compliment-- much appreciated. Make sure you like MyBookSucks on FaceBook (see link in video description). This will help others find the educational videos.

I have found your videos lucid , the voice - over persuasive , and overall presentation of excellent A+++ quality . Wish You all the best and continue with the good work.

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Great to know and good luck in your studies too. Make sure you like MyBookSucks on FaceBook (see link in video description). This will help others find the educational videos.

wow....My teacher has already spent a week teaching this, and i never once understood anything- and this guy teaches me this in less than 10 minutes and I understand.....thank you

It is the best video i saw to explain "Income Elasticity of Demand."

You explained that way better than my professor -_-. I finally understand.. Thank you very much. :)

Explained it very well God bless you, you are helping millions of people around the world who can't afford to pay high tution fees Thanks.

Great video! Explained simply and clearly!

Great to hear. I have often that economics can be taught much better with animations.

before watching these video I ran after my class fellows to tell what is demand elasticity marginal curve etc.. but now they will run after me hehehehe Thank you so GOD BLESS YOU again Thank you... 😊😊😊😊

Your videos are really helpfull and easy to understand. I've seen eight of them as far and in this video you could divide normal goods to necesarry and luxury. Some faculties thinks its important. Also in video about price elasticity of demand there was one mistake, because PED is always negative, but still you are doing a great job.

Man, you explain to where I can understand it. Thank you so much!

ah! Thank you. How sweet of you. Make sure you like MyBookSucks on Facebook (see link in video description). This will help others find my educational videos and fall in love with me too :)

your vids are out of this world... love from Pakistan

Ah yes, makes sense thank you. I have my midterm tomorrow and I didn't really understand the concepts of inferior good. Thank you!

Thank you very much. This is so helpful. and Yeah, your vid is the best. easy to understand with good looking visual.

your videos helped me pass my mid-term exam worth 30% lol keep in mind i learned it watching your videos for about 8 hours

Thanks. Very good explanation. Interesting graphics.

Only 2 words: GREAT AND THANKS !

thx for this video ,actually when my teacher explain i did not really got it,but now after watching this video i can get my A+...... thank you again

Thank you so much for the explanation

YOU SAVED MY LIFE MY EXAM IS TOMORROW THANK YOU.

Thank you, this is very helpful.

I have a grad student teaching our ECON class and I learned more from these videos. Nice guy but I have trouble following him. I think, now, I will be able to pass my test. Whoop!

Thank you, this was really helpful.

wonderful illustration good teaching

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Thanks for this helpful explanation.

sir is so calm that it seems he does more party fun than me

in testbook, it is said that it is Q2-Q1/[(Q2+Q1)/2] not Q2-Q1/Q1, whose is correct, you need to explain

Your videos are the best. :) gives me hope for econ lol

Super helpful! 👏

Thank you; you make it easy :)

I have a playlist on Theory of Cost and Theory of Cost in the Long Run. I would encourage to review the playlists on my channel. One of the problems with KZfaq is it is so hard to find anything and I can not include links in my comment response either. Again, check out the playlists and let me know if that helps or not.

It helps me a lot! Thankyou!

best explenation i have ever heard or seen.

Great. thank you so much

9 minutes for my exam, thank you so much😇

I use a a lot of different software applications including photoshop, illustrator, flash and HTML5 and I string it all together using Final Cut Pro. Unfortunately there is not one single product.

OMG thank you so much you just saved me :)

great video indeed

what if you get an answer which is slightly greater then zero, for instance 0.2, is it going to be an inferior good or a normal good

god bless you again and again thanks

what if the Income increases and the quantity demand increases, but the Income elasticity is less than 1. for Example the demand goes from 99 to 100 and income goes from 285 to 350. the income elasticity comes to 0.04 ( 2 dp). what type of good is it?

You are brilliant

I wanna know what is the difference between Normal Good and Inferior Good? I mean are they similar to the Elastic, Unit Elastic, and Inelastic or not?

omgggg i find economics so easy now

Thank u so much sir...

Bless you!

what are another formulas of price elasticity, supply elasticity, and demand elasticity

Could you explain me please! As I know when you substract Q2-Q1 next step should be dividing the sum of the Q2 and Q1, am I right? And the same steps for Change in income, Looking forward! Thanks

Good question. Typically the money supply is increased by the government accumulating debt and then "printing money" to pay off the debt. This normally causes inflation (see Zimbabwe inflation as an example).

thank you!

Thank you sir

can u please tell about reasons for changes in supply of a country's currency... how would supply increase... the factors which may shift supply curve of currency of country... thx

I use a series of different products all on an (Photoshop, Illustrator, Flash, and Final Cut Studio). There is no easy way to do this or one single product unfortunately -- I wish there was though.

Thank you

this is waooooo......thankz alot

Thank you :)

Beautiful

Great !!!

hahah! Good to hear that the videos are helping you. Make sure you watch "Economics Class Sucks and Its Boring" on my Channel.

thx brov your great

Sir how can i chat with you direct i want to ask a question

As income goes up consumers buy less of an inferior good (quantity demanded is less). Imagine a person who gets a good job and income goes up, they buy less bus tickets (inferior good) because they can afford a taxi. As income goes down a person will buy more of an inferior good like bus tickets. So if the same person I mentioned above loses their job they need to ride the bus to visit friends instead of taking a taxi. Make sense? btw, you have nice music videos, "Sing More Study Less!"

thanks alots

cool stuff

How to find total cost marginal cost and average cost

Please show how to find out total cost marginal cost average cost

what are my QD and ID on these problem? thank you Becky really likes Macaroni Grill, but can only afford to eat out 4 times a year. Her boss only gives small raises, so this year she receives a 4% raise. She decides that a 4% raise is enough to warrant going out 1 more trip per year to Macaroni Grill. Calculate for restaurants. Lauren has to accept a pay cut to stay on as a fashion designer at Vogue from $82,000 a year to $74,000. Because of her pay cut, she buys 5% less t-shirts, skirts and jeans but still enough to refill her dresser. Calculate for clothing.

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helpful

So income goes up and quantity goes up it is an inferior good. What? It doesn't exactly make sense to me why the quantity goes up if income goes down... Can someone explain?

thank you dad...

Suppose that Company X noticed that when the average income of movie-goers increase with 8%, the number of movie tickets sold falls by 6% in 2015. Economists predicts that the average income of movie-goers will rise by 5% in 2016, calculate the change in quantity demanded of movie tickets for 2016, assuming that Company X sold 120,000 tickets in 2015.

Wow...

I love you

That 's wrong ! calculating the elasticity of demand , we should figure out the change quantity , Q2-Q1 divide by (Q1+Q2)/2 ! change price too ! (P2-P1)divide by (P2+P1)/2! OMG , I can't see how many people were taught by you .

You made a mistake in +7:01 result is -10/20=-1/2

the Factor T^T