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AS-Level Economics Video 6 - Equilibrium Price and Quantity in a Market

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pajholden

pajholden

11 жыл бұрын

Video 6 out of 50 in a complete AS-Level Economics course. This video explains how demand and supply interact to establish a market clearing price. The video covers excess demand and supply and the impact of changing demand or supply on price and quantity levels

Пікірлер: 49
@Erica-rv7ze
@Erica-rv7ze 4 жыл бұрын
Even today in 2020, your videos are really helpful. Thank you.
@ahmedibrahim247
@ahmedibrahim247 10 жыл бұрын
i didn't know any thing in economics but because of you ( the uploader ) i understanded everything , THANK YOU VERY MUCH !!!!!!1
@zanstunner8786
@zanstunner8786 8 жыл бұрын
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@oscarraymondyearu6587
@oscarraymondyearu6587 2 жыл бұрын
bit much mate
@jahbye5135
@jahbye5135 10 ай бұрын
bit much mate
@user-yb5ye8xr7u
@user-yb5ye8xr7u 10 ай бұрын
bit much mate
@yinyin7614
@yinyin7614 2 жыл бұрын
Great work. Recommended.
@mugbilyasser
@mugbilyasser 7 жыл бұрын
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@sanjaymishra7121
@sanjaymishra7121 8 жыл бұрын
Thank you so much for your teaching video this was very helpful
@danstastudios2602
@danstastudios2602 Жыл бұрын
Brilliant video - thank you!
@ddhussein
@ddhussein 11 жыл бұрын
Good to see you back
@MzDMarieRose
@MzDMarieRose 8 жыл бұрын
Really helped me for my test! Thank you so much!
@nthperson
@nthperson 8 жыл бұрын
A serious debate exists over whether macroeconomics is useful to policymakers. The reason is that the very concept of general equilibrium is detached from what happens in the real world. The example raised here regarding "housing" requires control over variables (in order to maintain a "all other things being equal" static state). The real world works quite differently. There are many variables, many externalities. When government regulations increase the labor costs of producing housing, housing developers find ways to reduce the labor cost component. We get housing units produced under controlled conditions in factories and delivered to sites for assembly. We get attached housing or multi-level residential buildings in order to counter the rising cost of land acquisition. We also get sprawling development in order to escape both high land costs and increases in regulatory compliance.
@x3SHINeeFTI
@x3SHINeeFTI 11 жыл бұрын
Thank you for uploading such great stuff!! I'm having my A levels this coming November so I'm very desperate for such resources!!! Thank god there's you!! Thank you once again!! ^^
@MrOhWhatTheHeck
@MrOhWhatTheHeck 9 жыл бұрын
Great video, very helpful. I would have thought however that ketchup would be a complementary good to mustard, and not a substitute. If this was the case, demand for ketchup may have risen.
@beenfordkumwenda5632
@beenfordkumwenda5632 9 жыл бұрын
true. I think so too.
@sanjokgurung9409
@sanjokgurung9409 9 жыл бұрын
Very helpful video.
@amnilikesturtles
@amnilikesturtles 10 жыл бұрын
Thanks for the videos! you really helped in making me be interested in Economics again.
@kjparker28
@kjparker28 10 жыл бұрын
I would see this as more people willing to pay higher prices for the same product. Therefore pushing the price up as supply is outstripped by demand, This acts as a trigger for suppliers to supply more at a higher price to reap the bigger profits until the price moves to the equilibrium price. The suppliers cost per unit would remain constant or reduce due to economies of scale. This would continue until that supplier maxes out his capacity to produce.
@vivt97
@vivt97 11 жыл бұрын
Thank you so much! please keep posting videos they are really helpful.
@MeoLaKid
@MeoLaKid 11 жыл бұрын
You're back!!
@pragyat12345
@pragyat12345 11 жыл бұрын
Thank you very much for the helpful videos, please keep doing more videos!!!
@brianmcqueen2604
@brianmcqueen2604 9 жыл бұрын
really helpful...thank you
@richardl.currier4052
@richardl.currier4052 8 жыл бұрын
this man is so pro!!!
@chrissuave2358
@chrissuave2358 8 жыл бұрын
Trust me
@manishapshah9209
@manishapshah9209 9 жыл бұрын
i love you
@federicomedina1692
@federicomedina1692 10 жыл бұрын
thanks for your video, i could finnaly understand this subject
@saurtykamini4234
@saurtykamini4234 4 жыл бұрын
Hello Sir Thank you for all the videos. these have been quite helpful to me to understand what I did not understand in class. For the last exampIe, I would like to know if the curves for the different situations should be plotted on the same graph. And I would like to see these curves how they are plotted. Thank you!
@Beyondthe_vlog
@Beyondthe_vlog 9 жыл бұрын
U r great, thanks
@ricksanchez1614
@ricksanchez1614 6 жыл бұрын
thank you
@re5had390
@re5had390 7 жыл бұрын
welllllll done cuzzzzzzzzzzzzzz
@aaronsonnykurian2445
@aaronsonnykurian2445 7 жыл бұрын
Its very helpful. Thanks
@shriniwaschoubey7279
@shriniwaschoubey7279 9 жыл бұрын
Nice video
@cookiesandcream96
@cookiesandcream96 10 жыл бұрын
Thx for the Lesson :)
@arimax888
@arimax888 10 жыл бұрын
Thanks for post this!It was very helpful ^_^
@rajajmeri01
@rajajmeri01 9 жыл бұрын
Thanks alot, Really Helpful
@totty4111
@totty4111 6 жыл бұрын
amazing, Thank u :)
@janawillem9278
@janawillem9278 9 жыл бұрын
Great videos, but i can't find nr 25, 28 and up. Are they coming up? Plz they are helping me so much.
@daemonmage7274
@daemonmage7274 11 жыл бұрын
Hi, Wouldn't an increase in incomes lead to a decrease in suppliers ability to supply; since their production costs would increase, therefore having to either spend less on workers, thereby reducing their efficiency and making them supply less, or producing less in order to reduce the excess supply? Thank you, Ryan. P.s, Keep up the videos!
@dhruvsingh97
@dhruvsingh97 11 жыл бұрын
Thanks alot Sir. Could you please upload a video about productive and allocative efficiency also ? I would be very greatful.
@BreathofSalvation
@BreathofSalvation 11 жыл бұрын
Got an A coz of you
@tuluvota
@tuluvota 10 жыл бұрын
thank you.... now i can finish my homework....lol
@JustKhawix
@JustKhawix 11 жыл бұрын
Can you do A2 Vids?
@randomuser405
@randomuser405 9 жыл бұрын
What does he mean by, "customize your message. " ? I think I am the only one who doesn't get it.
@CANProductionZz
@CANProductionZz 8 жыл бұрын
+don't Bother It's the default comment for the uploader. He simply doesn't edit it.
@annsmith9563
@annsmith9563 9 жыл бұрын
I'd still have ketchup though
@ZulaikhaMemon
@ZulaikhaMemon 7 жыл бұрын
(Y)
@khybersafi6615
@khybersafi6615 8 жыл бұрын
d
@shanequasmith8322
@shanequasmith8322 8 жыл бұрын
thank you
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