Video 9 out of 50 covering AS-Level Economics. This video covers the essential microeconomics concept of Price Elasticity of Demand
Пікірлер: 80
@bradleywilliams26109 жыл бұрын
Paj is a merit good
@rheajain90618 жыл бұрын
+Bradley Williams aha best comment by far! :)))
@cottoncandyflossful9 жыл бұрын
So today I missed college because I was sick and the first thing that came to mind is to watch your video to catch up. Thank you for taking time to film all these! Wish that u are my teacher. Sending lots of love from Malaysia.
@syedeusoffaljunid47579 жыл бұрын
Wooooooo Malaysia! same here man. What University/collge are you in?
@michellelaw53347 жыл бұрын
From msia too😂
@123snooky3217 жыл бұрын
I love the motivation, "Because you're an economist" 22:20
@lolly07587 жыл бұрын
I know it's 2017 and I am watching this video but can I say Sir your incredible! Thankyou for your work, you don't owe us students anything but you took your time to make these videos and they are amazing and help us so much! Thankyou!
@liampenny90778 жыл бұрын
Mr Holden, you sir are a top don. Thank you.
@etiendemharry-cliffn9997Ай бұрын
This is amazing. I am really filled with knowledge after watching this video.
@sydvertigan393710 жыл бұрын
Wish you were my teacher! Thanks for this video!! :)
@melainekamdem85349 жыл бұрын
Thank you sir, am grateful for what you do for a student like me it really helps me especially when i dont understand in class. God bless you thank you
@levicissijuice10 жыл бұрын
this is really extremely helpful! thank you so much!! best teacher ever!
@zombiespaz110 жыл бұрын
I'm currently studying AS economics and i struggle a great deal with the maths side of things, but understand the theory most of the time; thankyou so much for creating these videos it really has helped me a great deal :)
@DanCave10 жыл бұрын
Interesting
@DanCave10 жыл бұрын
Can you name five items where price elasticity of demand are not affected grately?
@zombiespaz110 жыл бұрын
If you mean services or products which are inelastic then: electricity services, petrol, milk, water, toilet paper. These are necessary to everyday life. Therefore elasticity doesn't occur in price...I think that's right
@taufiqzainudin91547 жыл бұрын
Thank you so much this saved me because I missed the important lessons on this topic. God bless you
@chikineeter10 жыл бұрын
I wish I could shake your hand
@benedictfung39347 жыл бұрын
LOL
@hazeljanestronach30519 жыл бұрын
thank you this really helped, and especially for the tip at the end as I always say the good and not the demand for the good :D
@prasadaniewelgama61785 жыл бұрын
Sir, ur conclusion was great
@fernandaverdon-roe3389 жыл бұрын
this is simply the best thing for revision, thank youuuuuu
@manchunwong34039 жыл бұрын
thx so much , your explanation was simple. I really enjoy the way how you apply the concept to reality
@CombatTriangle9 жыл бұрын
Awesome video!
@NatStam184510 жыл бұрын
Thank you so much, this has helped me so much!
@KwikTele9 жыл бұрын
Such a good video on a key part of economics
@MissAsh98710 жыл бұрын
I love your videos, learn more from your videos than I do in my lesson
@sumeshinnaicker26262 жыл бұрын
Its now 2022 and this video still helped a lot!
@GiulioGraziano4 жыл бұрын
Good job, thank you so much !
@michelsamuel10059 жыл бұрын
You're the man...wish you was my teacher
@emilynstevenson315210 жыл бұрын
you my friend are saving my ass for my econ mid term tommorow. I thank you dearly
@MissBooAngel1019 жыл бұрын
Thank you sir! Please keep uploading videos >
@atiaauzim12349 жыл бұрын
nice explanation
@randomuser4059 жыл бұрын
Thanks a lot for this video
@JellyBabesXo110 жыл бұрын
Great vid I'm hoping you could do some exam practice very specific such as OCR
@seojinxian10 жыл бұрын
thank you so much, sir.
@joshwilliams42858 жыл бұрын
great help
@amnini110 жыл бұрын
thank you for this video
@Arr96Bee10 жыл бұрын
darn it, I take my AS Economics exam during the October/November exam period. WHY COULDN'T YOU HAVE MADE THIS SERIES SOONER ?! :(
@jacksampson775210 жыл бұрын
This is great! and you also look like you could be Morrisseys brother :-)
@MrBoliao989 жыл бұрын
I'm struggling with A level economics, thanks for the help
@San-xc3gu4 жыл бұрын
Don't worry you'll do well
@finisher4899 жыл бұрын
Economics God!
@alba519810 жыл бұрын
tyyy
@shaanahmed16689 жыл бұрын
Isn't Demand for Coffee elastic since it's substitute is tea?
@dhruvsingh9710 жыл бұрын
Thanks
@wardvandijck19636 жыл бұрын
Is it possible to make an estimate about the demand being elastic or in-elastic when there is given that the quantity demanded drops and therefore the price rises? ( so the opposite way). And is a fast drop in quantity demanded equal to a big drop in quantity demanded ?( so an elastic demand) thanks for your answer!
@prasadaniewelgama61785 жыл бұрын
👍
@ETH928 жыл бұрын
can someone explain how he simplifies the numbers please. Why does he get rid of the zeros and half the numbers??
@lukepettican661110 жыл бұрын
Hi, have you got any videos on Unit 2 of the course?
@DeanFirth7 жыл бұрын
Where do we get these 1€ motorbikes?!!!
@coolboy149510 жыл бұрын
could you please do A2 videos I really find your videos helpful
@allemaiqbal657610 жыл бұрын
Could you please do some A2 vids, would be extremely helpful, thanks paj :)
@raicattivo2 жыл бұрын
Certified Hood classic
@IBU113T58 жыл бұрын
My man pajholden
@Ulfberht599 жыл бұрын
when you put the first ped question into the calculator without simplifying you get -4 so im confused now.
@MrOzzy2819 жыл бұрын
***** That's the percentage, u need to divide by 100 to get it into decimal.
@nxyanka8 жыл бұрын
Could someone please explain to me how he got the 25% in terms of percentage change in price?
@franciscoandaibarra45818 жыл бұрын
+Nayanka Singh [(10000-8000)/8000]x100=25
@nxyanka8 жыл бұрын
Francisco Anda Ibarra Thanks !
@wavestatic10 жыл бұрын
Can we have a copy of the slides in the video please?
@laylat93377 жыл бұрын
The first example of PED for the percentage chage formula isn't $8 to $10 a 20 percent change ?????
@jeremy64357 жыл бұрын
No, percentage change of the price is "(new price-original price) / original price" so it would be "($10-$8)/$8" which is $2/$8. That is equivalent to 0.25
@laylat93377 жыл бұрын
oh.... that makes sense, I thought 10 was the original. thank you
@trthto18 жыл бұрын
So are they always minus but you ignore that
@ralphtetenburg42008 жыл бұрын
yh you take the absolute value because that looks nicer i guess haha. Its just the negative has no significance so might as well leave it out. In XED for example the negative sign plays a large role.
@SkinnyMali8 жыл бұрын
Failed this bullshit anyways loooool found this again on my watch later list probably from years ago.
@lloydbanks2k67 жыл бұрын
Alonzo Harris what did u get?
@SkinnyMali7 жыл бұрын
Joshua D I think I got an E
@Clique477 жыл бұрын
PAJ is a subprime loan
@mbujjebenjamin14827 жыл бұрын
shaan your right the demand for coffee tends to be elastic because coffee and tea serve the same purpose.
@Riddersmate8 жыл бұрын
P.A.J.
@mohamedadam26569 жыл бұрын
1 week and 2 days worst when you try cramp all the videos and your teacher cant teach stressss..