Long-Run Aggregate Supply, Recession, and Inflation- Macro Topic 3.4 and 3.5

  Рет қаралды 1,011,896

Jacob Clifford

Jacob Clifford

10 жыл бұрын

In this video I explain the most important graph in your macroeconomics class. The aggregate demand and supply model. Make sure that you understand the idea of the long run aggregate supply and how to draw a recessionary gap and inflationary gap. Keep in mind that the "long run" is not a specific amount of time. The long run refers to enough time for resource prices (like wages) to adjust when there is a change in price level.Thanks for watching. Please subscribe.
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Пікірлер: 261
@simonesquared
@simonesquared 7 жыл бұрын
In 3 minutes you summed up what my teacher tried to teach in 3 weeks.
@tanavsharma7558
@tanavsharma7558 5 жыл бұрын
facts
@jasp9661
@jasp9661 4 жыл бұрын
Fr
@vividvybz
@vividvybz 4 жыл бұрын
thats so true lmao
@gold4963
@gold4963 4 жыл бұрын
That's too accurate.
@milkbeforecereal9257
@milkbeforecereal9257 4 жыл бұрын
hahahah i watch ur videos didnt expect to find u here
@daixpeterson1662
@daixpeterson1662 7 жыл бұрын
I just had my econ final, didn't understand what was going on the whole semester, binge watched your videos and here I am with an A- for the year. Thank you!
@terrapins
@terrapins 7 жыл бұрын
same bruh lets kill this ap exam in may
@PapaSeed
@PapaSeed 7 жыл бұрын
Player72 ye boyy
@aldrichwang5639
@aldrichwang5639 6 жыл бұрын
congrats!
@shihuiyeong2982
@shihuiyeong2982 8 жыл бұрын
omg...ur explaination is even better than my lecturer
@neelparmar6690
@neelparmar6690 8 жыл бұрын
+Shihui Yeong he summed up in three minutes what my lecturer was trying to do in an hour
@Justforthelulz8
@Justforthelulz8 6 жыл бұрын
Very easy to understand and I like it! im using it for my exam now
@madisontaylor8621
@madisontaylor8621 6 жыл бұрын
SAME GIRL!
@2024trotter
@2024trotter 5 жыл бұрын
i guess you are from ntu?
@WJames-vk2kp
@WJames-vk2kp 8 жыл бұрын
Your Econ videos have helped me get a good grade in my college class. Thanks for providing clarity where there was once confusion!
@JacobAClifford
@JacobAClifford 8 жыл бұрын
+Weston James I'm glad I was able to help Weston. Make sure to subscribe:)
@Commander_HW
@Commander_HW 8 жыл бұрын
Sir i want just you to know that if i passed both of my micro and marcecon classes then it's all because of you! Because i am taking macro and micro econ with the same profs, and he has bad handwriting and he jumps here and there that makes me lost as hell in class, and he tends to drag things too long which doesn't fit in my attention span. I like your teaching style how it's short and sweet and CLEAR, I can learn much more things in much lesser amount of time here than in class. 4 mins of your video is more than 2 hrs of my econ classes. Now i don't even bother to listen in class anymore since he gets me lost just 5 mins into the class, i don't write down his note too since i can't recognize what he writes on the board, all i do is come back home and watch your videos and within a few mins i'll be good to go. Thanks again! Most of my classmates can't tell what his writing on the board, and most of us will get discouraged, and i told them about your videos, and they told me i saved their asses! LOL.
@domoore8531
@domoore8531 7 жыл бұрын
He is the best teacher I have found on KZfaq! You take time to explain and not rush through like many instructors. U R the BEST
@shelvimaealferez9617
@shelvimaealferez9617 3 жыл бұрын
What's good about his videos is that they are short, yet very precise. Thank you for this!
@lisah6612
@lisah6612 8 жыл бұрын
I bought the packet and it was the best purchase EVER! I learned Micro in 4 days binge watching your videos (and passed my final), and now I'm learning Macro. I haven't used any other sources. Thank you for taking the time to do these, I encourage EVERYONE to buy the packet, it's worth the $10 and it will help you a lot!
@stefaniac2095
@stefaniac2095 8 жыл бұрын
OMG, I was going crazy with this concept in the book. You were so clear, in just few minutes!! Thank you so much :)
@JessicaSavery97
@JessicaSavery97 4 жыл бұрын
you've explained Aggregate Demand, Supply and long run better than my university lecture and tutors ever have!
@Schnoeli95
@Schnoeli95 8 жыл бұрын
i'm from germany and my hole course is learning with your videos for the exam tomorrow! Thank you very much!
@JacobAClifford
@JacobAClifford 8 жыл бұрын
+Nils Horn You are welcome Nils
@DerGraueFuchsss
@DerGraueFuchsss 7 жыл бұрын
*whole
@Schnoeli95
@Schnoeli95 7 жыл бұрын
embarrassing :D
@AlperenDemirkilit
@AlperenDemirkilit 5 жыл бұрын
No matter what some people say in some of your premium videos, those free educational vids help me so much. Thanks a lot.
@watthakanthani5439
@watthakanthani5439 7 жыл бұрын
I have macro and micro exam next week, just listening to you made me feel so confidence. thank you.
@haoqiu8542
@haoqiu8542 4 жыл бұрын
I'm going to have final exam in two days, you really helped me a lot! Thankyou So much !!!
@leticiagenao8198
@leticiagenao8198 6 жыл бұрын
Although I'm almost done with my economics classes I still subscribed because you helped me get through it all. Thank you!
@Ryan-me9el
@Ryan-me9el 5 жыл бұрын
I know I'm a bit late to the party here, but thank you so much for making these videos man. You've saved the asses of numerous university/college students. It's crazy to think that there are professors making ridiculous amounts of money when they can barely teach anything right -- especially compared to you. Cheers.
@aztecclient8231
@aztecclient8231 3 жыл бұрын
My teacher has been "teaching" this for the past week and this video taught me more than that in 4 minutes.
@joeblackjackal6288
@joeblackjackal6288 5 жыл бұрын
bruh!!! Glad you make videos like this. Everything click when you said " the trick is to remember when there is recession wages will eventually fall and when there is inflation wages will eventually go up!!! my final is next week and this chapter was putting me on my knees LOL
@saphroniac2983
@saphroniac2983 4 жыл бұрын
Thank GOD for this channel, you are helping me get through my online economics class by explaining it in a way that I understand. TY!
@CheesecakeFitness
@CheesecakeFitness 5 жыл бұрын
Nice job man, you literally explained the concept in less than 10 minutes that took my instructor 3 weeks
@linzhang8519
@linzhang8519 6 жыл бұрын
this is my favorite economic channel, which is second to none. Hope it can last forever.
@ericliciousWJJ
@ericliciousWJJ 7 жыл бұрын
Your lessons, help me score well in my assignments..
@hannahjean731
@hannahjean731 4 жыл бұрын
thank you thank you! I wish I had you for a teacher, this is so condensed and comprehensive!
@calidrummer1221
@calidrummer1221 8 жыл бұрын
The shifts in the graph have probably confused me the most ever since we started learning AD/AS. This has clarified so much more, thank you so much!
@JacobAClifford
@JacobAClifford 8 жыл бұрын
+CALIDRUMMER I'm glad I was able to help
@jollysarah4
@jollysarah4 6 жыл бұрын
These videos are amazing. Thank you for making these concepts so clear!
@hdezoo
@hdezoo 6 жыл бұрын
You make so much more sense that any overpriced textbook. You are a fantastic teacher!
@MegaJordan691
@MegaJordan691 9 жыл бұрын
Seriously this guy is good! What a great teacher.
@mariajuanesta3319
@mariajuanesta3319 5 жыл бұрын
Dude... These videos are old but they are better than my 2000.00 macro university class. Thanls for being amazing.
@BK29111
@BK29111 10 жыл бұрын
I'm so glad I found your channel! Now I feel confident in getting an A for my AS Level (UK) economics exam.
@filipacarvalho2747
@filipacarvalho2747 7 жыл бұрын
Great job Mr. Clifford! A big thank you from a portuguese BSc in Economics student!
@qilianmincioni5243
@qilianmincioni5243 6 жыл бұрын
His explanation is awesome and really clear. It really helped me understand all these terminologies better
@Legat69
@Legat69 7 жыл бұрын
You are really good at this, the way you explain and demonstrate. I wished I had you as my teacher.
@willstraub6794
@willstraub6794 5 жыл бұрын
I love you. You're such a great teacher and great person too !
@katecorrigan1394
@katecorrigan1394 6 жыл бұрын
Your explanation is so easy to understand. Thank you so much!!
@mr_mrs_bains2320
@mr_mrs_bains2320 3 жыл бұрын
amazing job!!! very clear understanding prof.
@LemurInBlack
@LemurInBlack 10 жыл бұрын
My econ teacher is very good but I enjoy going over these videos to help get a better understanding of the topics that I study for Macro (she only teaches micro.) Thank you.
@MrJayPuff
@MrJayPuff 8 жыл бұрын
Thank you. I learned more in your 4 minute video than I did in a 4 hour lecture.
@JOONHODAVID
@JOONHODAVID 8 жыл бұрын
This guy is the real mvp. #LikeForDecroly
@lyndam8653
@lyndam8653 8 жыл бұрын
Your videos are Amazing you saved my life for my economics exam ! THNKS!!!! :)
@isaacedwards8601
@isaacedwards8601 4 жыл бұрын
Still watching this in 2019. I had no idea what the professor said, but now I do.
@amoghap.8231
@amoghap.8231 2 жыл бұрын
This man is truly a life saver...
@abdulkhan43
@abdulkhan43 9 жыл бұрын
I seriously learned alot from you. Thank you for being you !
@Haurshanked
@Haurshanked 10 жыл бұрын
awesome! didn't quite get it in class but u made it a lot clearer! thanks!!
@kiavanlooveren6108
@kiavanlooveren6108 4 жыл бұрын
You rock! do you do the CFA economics content? I just love how simple you make everything.
@angelachumusic
@angelachumusic 8 жыл бұрын
Thank you for these great videos, they help a lot!
@dillonbequette7230
@dillonbequette7230 8 жыл бұрын
Thanks a lot man, your videos are extremely helpful.
@aaroncrumbley
@aaroncrumbley 9 жыл бұрын
Can you come teach my Macro Econ class? My college professor is horrible...
@ParaguaneroSwag
@ParaguaneroSwag 4 жыл бұрын
Try taking a half semester online class with a bland text book. Gosh videos like these are necessary to pass
@Blazzkystr
@Blazzkystr 4 жыл бұрын
@@ParaguaneroSwag This is where we all are right now haha
@alfredhitchcock45
@alfredhitchcock45 3 жыл бұрын
i assume you have graduated from college now. do you still hate your professor?
@aaroncrumbley
@aaroncrumbley 3 жыл бұрын
Alfred Hitchcock I don’t hate her but she was very strict and had a thick Ugandan accent so it was hard to understand her and if you asked her to repeat herself, show wild get increasingly mad. Why do you ask?
@alfredhitchcock45
@alfredhitchcock45 3 жыл бұрын
@@aaroncrumbley I just came here because I was taking a Macroeconomics course in edX to enhance my forex trading skills. I was just curious how are you right now, 5 years after and do you still see the relevance of taking Economics in College?
@iankamwende7827
@iankamwende7827 8 жыл бұрын
You are a very helpful man , i found a new teacher
@JacobAClifford
@JacobAClifford 8 жыл бұрын
+Ian Kamwende I'm glad that it was helpful
@alfreduludo384
@alfreduludo384 4 жыл бұрын
Thank you Jacob ! You just made my life so easy !
@teacherm96
@teacherm96 9 жыл бұрын
My final is Saturday you made the concepts clear. Thanks
@johnparks6936
@johnparks6936 9 жыл бұрын
You make everything so easy!! Thanks :)
@tabeamatthies2104
@tabeamatthies2104 5 жыл бұрын
As a non-native always have to change the speed at which the video is played to 0.75 cause you´re speaking so incredibly fast. But I like the way you explain things. Thanks for all these helpful videos!!
@tijnvanderkooij6416
@tijnvanderkooij6416 2 жыл бұрын
love to this man, explains it very very clear.
@momoa6527
@momoa6527 9 жыл бұрын
Thank you for your effort ! really clear explanation
@misozinamonje3226
@misozinamonje3226 7 жыл бұрын
Your lessons are awesome thanks
@emilybarros6364
@emilybarros6364 9 жыл бұрын
Thank you for all your videos!
@ashadevidevi6496
@ashadevidevi6496 3 жыл бұрын
Man you are amazing explained a pelothra of things and cases in just 3 min which my book took 10 pages
@chantel2689
@chantel2689 6 жыл бұрын
THANK YOU I have gained so much knowledge 😍
@stevepetrosyan6846
@stevepetrosyan6846 7 жыл бұрын
Thank you for you videos, very helpful.
@boitumelomaloka5722
@boitumelomaloka5722 2 жыл бұрын
I appreciate what you do sir From South Africa.
@flamedomegamer537
@flamedomegamer537 2 жыл бұрын
When ever I feel that my concepts are dieing I start watching your videos
@afrahu197
@afrahu197 8 жыл бұрын
you helped me a lot! Great video !
@UnoMotlh
@UnoMotlh 8 жыл бұрын
This video just saved my life, hehehe...
@raffi3o3
@raffi3o3 7 жыл бұрын
thank you Mr Cliffard
@akshitrohilla1752
@akshitrohilla1752 4 жыл бұрын
I owe you so much that I watch the advertisement put up by you as they generate revenue for you 😊
@dogancankaraman3724
@dogancankaraman3724 6 жыл бұрын
Thank you man for all your support because I almost decided to kidnap my instructor's 8 year old son to pass the course but your videos helped me a lot. Now I decided to enter to the exam tomorrow.
@josephinemwidya
@josephinemwidya 3 жыл бұрын
Great video, clear explanation thank you so much! what is according to you the best solution to stagflation?
@saraakdogan5868
@saraakdogan5868 3 жыл бұрын
thanks champ! you've saved my economics grade
@yasminearida667
@yasminearida667 8 жыл бұрын
thank you so much foe these videos they are very very usefull!!
@alexisortiz5752
@alexisortiz5752 8 жыл бұрын
Oh My Gosh, I just realized that you look like Mark Cuban!
@katec4615
@katec4615 6 жыл бұрын
I thought so too lol
@TheGraceornell90
@TheGraceornell90 6 жыл бұрын
A litle bit
@tamzidazad5552
@tamzidazad5552 4 жыл бұрын
He does OMG
@christobledias2
@christobledias2 3 жыл бұрын
Some say they're twins.
@veronicasultan6901
@veronicasultan6901 8 жыл бұрын
You are the best! You make things as easy as ABC.. (Y)
@quriositysquared1028
@quriositysquared1028 7 жыл бұрын
3:37 "Hopefully that makes sense"-It does now, thank you!
@yusufabdullah8081
@yusufabdullah8081 4 жыл бұрын
thank you man,you are great
@kevyhot
@kevyhot 4 жыл бұрын
he is totally my type. I need him.
@livandersalinas2530
@livandersalinas2530 4 жыл бұрын
Wtf!!! Pardon my French!!! Dude, my head has been burning for this stupid topic!!! Hours days weeks reading about it.... It took you 3 mins!!! 3 mins!!!!!!!! I'm so angry ugh!!!!!! I hate you in all the loving ways!!! You're incredible...!!! Thank you so much
@ashleyyen9868
@ashleyyen9868 6 жыл бұрын
I've never learned so much in 3 minutes and 40 seconds
@ExcelTutorials1
@ExcelTutorials1 2 жыл бұрын
thanks! super helpful
@aliakhan239
@aliakhan239 3 жыл бұрын
Thank you, extremely helpful
@gauravguptaGG2
@gauravguptaGG2 9 жыл бұрын
you are too good i got no words
@Justsomeguy1015
@Justsomeguy1015 9 жыл бұрын
YOU SAVED MY GPA. THX
@MilesEvery
@MilesEvery 5 жыл бұрын
Great vid, thanks
@S.P20sss
@S.P20sss 4 жыл бұрын
Amazing..respect from India
@waleedharbi1149
@waleedharbi1149 8 жыл бұрын
Perfect. Thanks Jacob :)
@saradavies9960
@saradavies9960 9 жыл бұрын
Can I ask what determines aggregate supply in a closed economy and how? Love your videos Thanks!!!!
@yashb2997
@yashb2997 4 жыл бұрын
Wow. Simply wow.
@pu55inbootsluvr
@pu55inbootsluvr Жыл бұрын
Would love a video on the savings and investments diagram!
@matthewk7999
@matthewk7999 4 жыл бұрын
Thank you!
@Pleasedontbustmeimsorry
@Pleasedontbustmeimsorry 4 жыл бұрын
Thanks, Cliff
@TheMimnahhas
@TheMimnahhas 8 жыл бұрын
Thank you soo much!
@oceanusprocellarum6853
@oceanusprocellarum6853 3 жыл бұрын
For a second I thought you were Mark Cuban. Great video
@ishmaelramushu7808
@ishmaelramushu7808 9 жыл бұрын
thanks sir i aways get distinctions in Econ because of you ..
@kcg5336
@kcg5336 2 жыл бұрын
40 seconds in when the graph came to life the heavens opened and I finally understood.
@veronicavoinovich1300
@veronicavoinovich1300 6 жыл бұрын
God these videos are helpful! Thank you!!
@giselegiram
@giselegiram 6 жыл бұрын
Nice Videos.
@carlosgavidia6459
@carlosgavidia6459 8 жыл бұрын
Thank you!!!
@ollie623
@ollie623 7 жыл бұрын
My economics professor teaches in a 1 hour lecture and I don't understand anything, then I come here and I understand it within 2 mins!!
@speaknut
@speaknut 7 жыл бұрын
Thank you so much sir.
@areejatta3338
@areejatta3338 5 жыл бұрын
Thanks man 😊
@rovercoupe7104
@rovercoupe7104 7 ай бұрын
I have to watch this so often. M.
@urvashiseth7936
@urvashiseth7936 8 жыл бұрын
THANKYOU !!
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