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Micro Unit 2 Summary (Old Version)- Supply, Demand, and Consumer Choice

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Jacob Clifford

Jacob Clifford

Күн бұрын

Пікірлер: 419
@impressicaj
@impressicaj 8 жыл бұрын
no youtuber brings me more utility than Jacob Clifford
@makanakabmutsakani2663
@makanakabmutsakani2663 3 жыл бұрын
Say it.....a true economics student
@JacobAClifford
@JacobAClifford 8 жыл бұрын
So, what did you think? Did this video help? What else do you want me to cover?
@maximlyakh4575
@maximlyakh4575 8 жыл бұрын
+ACDCLeadership thank you so much for uploading it. It really helps
@JacobAClifford
@JacobAClifford 8 жыл бұрын
You are welcome. I have more videos on the way
@raiyaal-nsour4725
@raiyaal-nsour4725 8 жыл бұрын
+ACDCLeadership Awesome videos! It would be really great if you had one video that talked about all of the graphs in micro, often I have a difficult time differentiating between them.. especially when it comes to perfect and imperfect competition graphs
@JacobAClifford
@JacobAClifford 8 жыл бұрын
Working on that right now:)
@juliestewart6500
@juliestewart6500 8 жыл бұрын
+ACDCLeadership Hi, I purchased your review packet but there is a page or two missing from your micro answer key on unit two supply and demand. I thought you should know and was wondering if there was a way I could get the missing pages :) I am finding your videos very helpful as well as your review packet!
@acmusiclover769
@acmusiclover769 8 жыл бұрын
this man should know how great he is.... just wow. Really thankful
@LilFletch926
@LilFletch926 8 жыл бұрын
You are the best online teacher there is by far! Everytime I need help in economics you are the first person I look for to help. Your videos are easy to understand, entertaining, and extremely helpful. Thanks you so much for putting your time in and making these videos!
@JacobAClifford
@JacobAClifford 8 жыл бұрын
+Lil Fletch You are very welcome. Thanks for watching
@jett4653
@jett4653 5 жыл бұрын
a little acronym i was taught for change in demand is times/c t-taste and preferences i-income m-market size(number of consumers) e-expectations(future) s/c-substitution/complimentary good
@marshakerr1036
@marshakerr1036 5 жыл бұрын
Will be using this, thanks....what can I use for Supply?
@stevenguyen731
@stevenguyen731 5 жыл бұрын
Marsha Kerr for supply 5 shifters i came up with TIMER T ax and subsidy I novation/technology M arket /producer E xpectation R esource price
@marshakerr1036
@marshakerr1036 5 жыл бұрын
Steve Nguyen if I use the same TIME I will be confused 🤷🏻‍♀️.....I use PENTS. Price of resources Expectation Number of producers Technology Subsidy and Taxes
@xDisykinsx
@xDisykinsx 8 жыл бұрын
You are awesome! 3 weeks I've been struggling in my microeconomics class.Tomorrow is our exam... Yet, I've learned all the materials in one night from your videos!
@JacobAClifford
@JacobAClifford 8 жыл бұрын
+Adisa Disy I'm glad I was able to help. Good luck on your exam
@wendyhartlen742
@wendyhartlen742 5 жыл бұрын
I am a 44 year old American just starting out my University studies in Sweden (yes in Swedish). Even though I speak fluent Swedish, Microecon is a whole other language. I was on the verge of dropping out when I found your videos. I'm only on Unit 2, but I think I may pass my first exam soon thanks to you!! THANK YOU!!!!
@nermienmedhat9153
@nermienmedhat9153 7 жыл бұрын
Sir you are amazing and I wish my university hired people as good as you or as passionate about their subject, thank you in advance for saving my gpa!
@tricia9015
@tricia9015 6 жыл бұрын
More helpful than you'll ever know. My brain, my family, my tuition money, my sanity, my excitement for graduating all thanks you!
@derick42790
@derick42790 6 жыл бұрын
Even 2 years later you're making a huge difference in peoples grades. Love it and thank you for what you do
@lenn6776
@lenn6776 7 жыл бұрын
First time I understood the concept of CS and PS! Explained so easily and practical like "someone was willing to pay $10 but got it for $5.." and so on. Please keep it up! Thanks a lot!
@shondrahacockrell9297
@shondrahacockrell9297 7 жыл бұрын
Honestly this man should be getting my econ. teachers pay check. Everything I've learned is from his video and they explain everything so well. LOVE IT!
@JacobAClifford
@JacobAClifford 7 жыл бұрын
Thanks! I'm glad I can help
@nathanminteer6437
@nathanminteer6437 8 жыл бұрын
My Econ professor should be fired.
@wewarnedyou97
@wewarnedyou97 8 жыл бұрын
same
@hoangpham2658
@hoangpham2658 7 жыл бұрын
So truee haha
@50nya
@50nya 6 жыл бұрын
same
@Maria-mu9wt
@Maria-mu9wt 6 жыл бұрын
Same lol
@billhuang2731
@billhuang2731 6 жыл бұрын
big facts
@asfiakhalique5057
@asfiakhalique5057 4 жыл бұрын
BEST ONLINE TEACHER EVER, YOU JUST SAVED ME A WHOLE LOT OF TIME AND EFFORT. BLESS UP MAN!
@maxzussman5692
@maxzussman5692 8 жыл бұрын
This helped me so much for midterms! Thanks a lot and keep making great videos!
@JacobAClifford
@JacobAClifford 8 жыл бұрын
+Max Zussman Thanks Max. I'm glad you enjoyed it. There are more videos on the way
@amyagonz5620
@amyagonz5620 7 жыл бұрын
I think one of the reasons this is very helpful is because of how fast paced it is. It gives me a vibe of energy and i think it puts me in the mindset that I already know what I'm doing...
@Ozoma
@Ozoma 7 жыл бұрын
Hey Mr. Clifford just wanted to say thanks for your amazing teaching. I am a second degree student and passed the Macroeconomics CLEP with your Review Packet and videos. Thank you for putting out such a high quality product.
@JacobAClifford
@JacobAClifford 7 жыл бұрын
You are welcome!
@deeannbill8906
@deeannbill8906 6 жыл бұрын
Just wanted to let you know that I took my Macro test last night and passed with a pretty respectable score. I'm attributing much of my success with your videos and the packet I purchased from you. Now I'm on to Micro! Thank you for doing this, and please keep it up!
@nickbrekke3375
@nickbrekke3375 5 жыл бұрын
I wanted to let you know how much your post are appreciated. My current micro instructors doesn't do a very good job explaining he more just shows. Everything beneficial has came from youtube searching "Jacob Clifford" you are an excellent teacher and are helping SO many students. SHOUT OUT MR. CLIFFORD
@rosasmith8695
@rosasmith8695 6 жыл бұрын
I got scared when the girl started to say Dad. I thought I was getting hacked. Lmaoo
@kimberlyb5031
@kimberlyb5031 8 жыл бұрын
This is my 2nd time Econ classes in college and let me tell you this has REALLY REALLY REALLY help me get a better understanding. Thank you !!!
@JacobAClifford
@JacobAClifford 8 жыл бұрын
+Kimberly B You are welcome Kimberly
@zaakirabridges1383
@zaakirabridges1383 5 жыл бұрын
Acts 2:38 Bible
@ryannguyen4983
@ryannguyen4983 7 жыл бұрын
I finally get price elasticity of supply now! TYSM! My teacher LOVESSSS you, she raves about you all the time.
@aliasalin2
@aliasalin2 5 жыл бұрын
3 hours in the library trying to do my homework with 2 books in front of me.. first 7 minutes of your video taught me how to get it done. THANK YOU
@Crimby.
@Crimby. 7 жыл бұрын
This is the first video I actually put to .75 speed
@spazzappleee
@spazzappleee 4 жыл бұрын
Hahah as soon as I saw this video I had to make sure I wasn't at a higher speed than normal.
@MariaGutierrez-xx6zc
@MariaGutierrez-xx6zc 7 жыл бұрын
You've become my hero, thanks to you I'm not failing economics. Greetings from Spain!
@taylordulmage3392
@taylordulmage3392 5 жыл бұрын
All of your videos have helped TREMENDOUSLY in seriously preparing in the past week for my midterm coming up tomorrow! I even bought the review packet - thank you so much!
@joeponti4049
@joeponti4049 8 жыл бұрын
These videos are absolutely amazing. I'm currently enrolled in EconS 101 and having this tool to clarify what I read in the textbook and what I listen to in class is much appreciated. Keep on doing what you're doing!
@angelanguyen3503
@angelanguyen3503 6 жыл бұрын
Used these videos in high school... now using them in college. No one can beat this economics LEGEND (aka Mr. Clifford)
@xochiltarroyo3484
@xochiltarroyo3484 2 жыл бұрын
somehow me struggling for three weeks tryna to understand these basics concepts has been cut short to 29 minutes. You are a life saver sir
@OliviaKalmer
@OliviaKalmer 7 жыл бұрын
Thank you so much!! Micro has been so difficult to me and these videos are making me understand it. I have my test Thursday. I've been studying! Hopefully I do well.
@accordingtoclau2199
@accordingtoclau2199 7 жыл бұрын
Jacob Clifford, you are truly amazing. Hoping to pass my first year of University PURELY thanks to your online lessons! My economics professor should be fired.
@krissyjames2204
@krissyjames2204 6 жыл бұрын
I appreciate you so much for these videos! I rewatch them over and over so the concept can stick. Thank you for all that you do. VERY HELPFUL!
@AmaniHamzah
@AmaniHamzah 5 жыл бұрын
I'm a part time student who works full time. So i self-study for most of my subjects. Mr. Jacob's videos really helped me with my Econ. Thank you for the efforts! :) - All the way from Malaysia
@jack-o-claus
@jack-o-claus 5 жыл бұрын
God... Are you listening? Thank you for this man.
@shalinisingh8103
@shalinisingh8103 6 жыл бұрын
i swear to god i love this man. This is helping lot ,it's like a blessing .Thank you so much
@allanknives
@allanknives 6 жыл бұрын
Great... now I have econ herpes. Seriously though... these videos are excellent primers for Econ concepts. Using the videos for my WGU classes. Bought the packet, which is more than worth every penny! Thanks Mr. Clifford!
@MusicalInquisit
@MusicalInquisit 5 жыл бұрын
This is very helpful for USAD. It covers all the concepts (plus some extra content). I scored 580 on the District test but I want to increase my score, so I thought a big review was necessary. Your videos seem to be very useful for review purposes, so thank you for this video!
@SB-ht8uo
@SB-ht8uo 5 жыл бұрын
You really inspire me to love economics, my econ teacher isn't the most entertaining and the text book he wrote is oversimplified but over complicated. SO jealous of your students.
@aadarshjasthi2245
@aadarshjasthi2245 5 жыл бұрын
Straight up saved my Econ grade Thanks so much
@yogeshpusooputh8145
@yogeshpusooputh8145 8 жыл бұрын
Hi I am from Mauritius special thanks from my island to you I am studying both micro and macro economics here and I am only 15 years old so thumbs up dude you are cool keep it up !!
@asankacool1
@asankacool1 8 жыл бұрын
One of the best teachers I've seen. every word is very valuable and convincing!
@Thaseee
@Thaseee 5 жыл бұрын
Iuuuu
@CarrieS864
@CarrieS864 8 жыл бұрын
You have really helped me understand this, before I was just lost and confused. Thank you for the videos!
@lukefox5852
@lukefox5852 5 жыл бұрын
Thank you so much for these videos, I have an exam next week and this really helps learn the content!
@sujiliuu
@sujiliuu 5 жыл бұрын
Hi sir, I just want to say THANK YOU SO FOR HELPING ME PASS ECONOMICS EXAM😥
@amunyanOwO
@amunyanOwO 7 жыл бұрын
Thank you for covering so much material so fast! Best review sesh ever, I feel ready for my midterm.
@vandalistification
@vandalistification 7 жыл бұрын
Understood Econ..... But more importantly I am still unable to do the thing with my pinky and thumb.
@193338heitman
@193338heitman 8 жыл бұрын
Harambe smiles when he looks at Jacob Clifford
@Campers_Anonymous
@Campers_Anonymous 4 жыл бұрын
One name came to mind 3.5 years after my first economics course MARK CUBAN aka Jacob Clifford This man has given more insight digitally than my four economics professors have been able to provide in person. This man is a legend.
@iamnowannabe1
@iamnowannabe1 8 жыл бұрын
Thank you for taking the time to upload these videos. They are of great help and you are an amazing teacher!
@JacobAClifford
@JacobAClifford 8 жыл бұрын
+Nadya latumahina Thanks Nadya. Please subscribe and tell your friends
@divinedestinyera
@divinedestinyera 4 жыл бұрын
Jacob, I appreciate your service. God bless you
@lyksjackson2864
@lyksjackson2864 6 жыл бұрын
I really love your videos. Really helping. I'm currently downloading them. Continue the good work sir! High five from the Philippines!
@byobandladygagafan
@byobandladygagafan 5 жыл бұрын
I’m trying to teach myself one full semester of microeconomics before Monday in order to pass my CLEP exam. If i pass I’m eligible to graduate community college in May and go to university in August! Wish me luck.
@GrimmTheGuy
@GrimmTheGuy 8 жыл бұрын
Late night cramming with a friend and this is my savior. AP exam tomorrow morning. Also my teacher loves you in both a professional and creepy way.
@Hasounah1
@Hasounah1 4 жыл бұрын
Great lessons... I relied a lot on these videos to complete my MBA program
@philnkrumah2778
@philnkrumah2778 4 жыл бұрын
Thanks God you exist .....its has been so helpful, I now know a lot about economics.........
@kuboextraa4365
@kuboextraa4365 2 жыл бұрын
life saver right there . he makes all the complicated concepts see like child's play🔥🔥🔥🔥🔥
@chalkchalker7084
@chalkchalker7084 4 жыл бұрын
he just couldn't shut up about this ultimate review packoshit. cool video dou
@Olav3D
@Olav3D 7 жыл бұрын
Exam tomorrow, love watching these summaries 👍
@sadafzia8533
@sadafzia8533 6 жыл бұрын
bestest professor .. and i can pasue , review .and stop to make notes... thanks a lot
@clepclips7593
@clepclips7593 6 жыл бұрын
I think the part on Total Revenue could be cleaned up a little. The examples only talk about price increases and decreases but do not specify that those price fluctuations are due to a supply shift. When price fluctuations occur due to a demand shift, the outcomes on Total Revenue would be different.
@Nuolong
@Nuolong 6 жыл бұрын
agree im kinda confused why there's a supply shift when he says price increases
@quhaotian1987
@quhaotian1987 8 жыл бұрын
This is better and clearer than my lecturer but for exactly the same concepts. Thank you! I always confusing about the differences between demand and quantity demand.
@newshinything
@newshinything 6 жыл бұрын
I don't know how I suffered through the first 4 weeks of the term without this.
@davidmakogon4design
@davidmakogon4design 8 жыл бұрын
man i cant believe it, but your summary's... thats amanzing! Your Videos and the way you do it - it helps a lot!
@AkashThomas99
@AkashThomas99 6 жыл бұрын
You are the one who made this science student choose economics.
@UdyKumra
@UdyKumra 7 жыл бұрын
I made mnemonics for shifters of Supply and Demand. Demand: CRITE Consumers number Related goods/services prices (complements/substitutes) Incomes of consumers Tastes of consumers Expectations of future prices Supply: PRITE Producers number Related goods/services prices Input prices Tech changes Expectations of future prices There's some others that are important as well but this covers a lot of them.
@ellen128
@ellen128 4 жыл бұрын
The best econ teaching ever!!!
@y668841ruby850831
@y668841ruby850831 8 жыл бұрын
Love your teaching style and it make me understand things easier😁Already bought the app😄
@JacobAClifford
@JacobAClifford 8 жыл бұрын
+陳宥蓉 Thank you for supporting ACDC Econ. I appreciate it
@carolineposey3009
@carolineposey3009 7 жыл бұрын
DO THIS FOR ACCOUNTING
@messiisthegoat2024
@messiisthegoat2024 4 жыл бұрын
ikr
@natalieoconnor7536
@natalieoconnor7536 5 жыл бұрын
Thank you so much. I would literally be destroyed by my midterm. Has anyone ever told you that you are a hybrid of Mark Cuban and John Mayer
@Sasha45506
@Sasha45506 7 жыл бұрын
how can you not like this ? Amazing job but go a bit slower. Have a midterm tomorrow , this video made me confident
@jeffreyxing7177
@jeffreyxing7177 6 жыл бұрын
My marginal utility increases per ACDC video.
@mobob7989
@mobob7989 6 жыл бұрын
yeah thats cuz they are different. it would decrease if you watch this video again and again
@rueflower22
@rueflower22 8 жыл бұрын
I tested positive for econ herpes
@sonwabososo3616
@sonwabososo3616 6 жыл бұрын
This video helped me a lot, thank you so much sir, keep on producing.
@sueregal6317
@sueregal6317 4 жыл бұрын
You are a GEM!!! Imma get the packet ASAP, my exam is in OCT, Alevel Eco
@zinanwang301
@zinanwang301 7 жыл бұрын
Well I am a Chinese students and when I taking my eco class, I always totally lost. hh But your small quiz and practice are really helpful and it let me to concentrate on the question quickly. It is really helpful videos for international students!
@morganelavia8960
@morganelavia8960 7 жыл бұрын
jacob clifford is my life
@joonjung98
@joonjung98 8 жыл бұрын
Thanks so much for your video Mr. Cliff! Btw, in 20:44, is Pc a typo for Pd?
@JohnCornwill
@JohnCornwill 5 жыл бұрын
The best Econ Professor ever!
@underoat
@underoat 4 жыл бұрын
got 90% o my last micro exam thanks to these videos.
@priscillanelson6770
@priscillanelson6770 4 жыл бұрын
Am so into this. Thank you for making econs easy.
@jolenek8978
@jolenek8978 5 жыл бұрын
THANK YOU SO MUCH !!!! Understand more than I ever would !
@furqanfurqan6589
@furqanfurqan6589 4 жыл бұрын
You are really very best teacher
@ohmygoddahal
@ohmygoddahal 8 жыл бұрын
This video helped me out on my Econ test! Thanks!
@JacobAClifford
@JacobAClifford 8 жыл бұрын
+ohmygoddahal You are welcome
@Excaliberjih
@Excaliberjih 8 жыл бұрын
Great job on the summaries! really helped me understand micro a lot more :)
@nikmil6804
@nikmil6804 4 жыл бұрын
This man deserves a Nobel prize
@rachellow333
@rachellow333 4 жыл бұрын
He speaks so fast that when I first listened to this, I thought I was listening to a foreign language and had to double check the comments if this was an English video XD
@jompis007
@jompis007 7 жыл бұрын
Do you accept kidneys? (I'm a broke student so I dont have cash)
@itsmatthew9545
@itsmatthew9545 5 жыл бұрын
Man this is so helpful for my exams tomorrow
@blabla-in8rx
@blabla-in8rx 4 жыл бұрын
It's Matthew same situation Have an exam tomorrow 😭
@reemyasir4673
@reemyasir4673 7 жыл бұрын
this is really helpful, thank you for making this AWESOME videos
@jiuchengding8952
@jiuchengding8952 5 жыл бұрын
Your videos are helpful. You should be a professor in my college!
@QasimWani69
@QasimWani69 6 жыл бұрын
You are a very good teacher. This is my first comment on youtube.:)
@jonathansim8725
@jonathansim8725 4 жыл бұрын
Hello! Thanks for your videos, they are a great help :) Just wanted to clarify at 15:00 when price changes isn't it a movement along the curve instead of a shift in the supply curve? Just had a small confusion there, thanks!
@vandergrift5557
@vandergrift5557 4 жыл бұрын
Man your video is a blessing for this subject
@myhops
@myhops 4 жыл бұрын
Awesome lesson. You turned a 3 hour college lecture into 30 mins.
@peternukasani
@peternukasani 7 жыл бұрын
mr.clifford! your awesome man! you should consider finding other teachers to add on the ACDC leadership channel with other subjects teaching with the similar style
@valerieromero6360
@valerieromero6360 2 жыл бұрын
Thank you my exam is tomorrow. You’ve explained everything better than my professor
@elianna9722
@elianna9722 4 жыл бұрын
I learned more from this than I did from 8 weeks from my teacher
@TheMathieu2011
@TheMathieu2011 5 жыл бұрын
Am an Atheist but i have to believe that angels do exist when i see your vids Mr. Jacob. Thanks for saving my semester ❤️
@sandralao2238
@sandralao2238 6 жыл бұрын
It's really helpful and I enjoyed it pretty much. THANK YOU SOOOOO MUCH!!!
@serahqueen2977
@serahqueen2977 6 жыл бұрын
Thanks a lot.. Your tutorials helped me pass my exams
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