he was like "okay, okay, im gonna cut this bit no worries" but he posted the whole uncut video anyways LOL
@florencebanks31568 жыл бұрын
Dear teacher, i just wanted to say that you probably saved a part of my economics test tomorrow lol ! So thank you very much from a french student studying law and who's going bonkers in economic class.
@aubreykellum36629 жыл бұрын
For someone who is thoroughly confused, this has been one of the best explanations. Thank you.
@mendaus0708 жыл бұрын
Dear Teacher, I just wanted to voice my thanks for all your videos and hard work. I'm a young teacher working in China and your videos have been of great help to many of my students that struggle with English & Economic terms. Being able for them to go back to their dorms and still have someone explain the concepts discussed in class has been of great help for them! Keep up the good work! many tks!
@gorgeouscurls10 жыл бұрын
I cracked up at the beginning and the end! ha
@omilosavljevic14 жыл бұрын
You should be given a Nobel prize for humanitarian aid for helping desperate students all over the world !! Brilliant !
@kathiaduran681011 жыл бұрын
Thumbs up if a student in your class teaches you economics better than your teacher. AND THIS GUY helped so much! thanks!
@mansi4515 жыл бұрын
You're such a great teacher!!!! MICROECONOMICS SEEMS SO MUCH MORE EASIER...AFTER THIS VIDEO!! THANK YOU FOR SHARING THIS VIDEO WITH US CLUELESS STUDENTS!!
@EnhanceTuition7 жыл бұрын
Thanks for all of the work Phil. When I started teaching several years ago I used your videos to help me cover the tougher topics in economics. You are a one of the biggest reasons I started my own channel to help economics students. I also currently work with an old colleague of yours, Mr. Heath. All great things to say!
@mmantik15 жыл бұрын
You are amazing! Thanks so much. What my teacher was saying before sounded Greek to me, but now I am understanding price elasticity much better. Please post more instructional videos, you truly have got talent.
@srslayerz13 жыл бұрын
Thanks so much for this video. I really can't show how much us economics grasshoppers appreciate your videos. Keep it up, from all the viewers, THANK YOU! :)
@MrPrimus10111 жыл бұрын
3 more hours for the finals and you are the life line. Thank you so much.
@DreadAces12 жыл бұрын
i find myself coming back to this vid every single week :) extremely helpful. Problem is my mom thinks the internet is ruining my studies!
@SpiderManonTRT11 жыл бұрын
Thank you so much pajholden! With your help I managed to achieve a B in A Level Economics even though I did not listen all year! Your video's are amazing!
@georgemullens12 жыл бұрын
thanks so much, I've been finding it very difficult to study economics just because of the sheer amount of topics, this is both concise and well explained. Thanks.
@AA-ew9qf7 жыл бұрын
man never cut the beginning. Paj is a what we call a rebel.
@indiefilms11111 жыл бұрын
you are helping me so much in my Economics 001 class. you explain it so much better than my teacher. with your help explaining so far i have an A in class. thank you thank you
@Roberto-qw4bo7 жыл бұрын
Very well explained. Great work and better than my professor.
@padderz123411 жыл бұрын
I've just spent an hour pouring over textbooks unsuccessfully trying to learn something that you taught me in 6 minutes.
@Burgattti10 жыл бұрын
this guy is awesome, he writes so fast! and leave the camera guy alone, he did a decent job to be honest!
@zaaxi742410 жыл бұрын
Before I watch all the relevant videos for my economics exam tomorrow I'll thank you in advance for all the great videos! :)
@YMarshall7715 жыл бұрын
His formulas are actually precise. The concern is that in calculating the percentage change, you may go from a higher to lower quantity or price or vice versa. I suppose the generally accepted method is to use the average initial and final quantity and price for simplicity. I've found these vidoes extremely helpful.
@erikapk14 жыл бұрын
This is fantastic and crystal clear. Wish I had a prof like you!
@Dorkus89Malorkus11 жыл бұрын
Thanks dude. I took Econ 101 back in college during my first year but couldn't remember anything about it. I recently switched jobs from writing algorithms for an insurance company to management consulting where this stuff keeps showing up. I remembered the vocabulary but couldn't remember what it stood for. You saved me hours of reading through old notes and books :).
@jin37uk12 жыл бұрын
I remember watching your videos when I was studying Economics at university.. thanks to your help I got a First :)
@honeypulse15 жыл бұрын
I may pass my IB higher economics exam in 10 days... Thank you for loving to teach! My teacher recommended your videos-
@ekhlaqueahmad883910 жыл бұрын
Sir , i am also a teacher of Economics , and i can proudly say that ur way of teaching is awesome.... i love to see your video
@karatekristen113 жыл бұрын
Thanks for the excellent explanation for elasticity in demand, I do believe this has helped me more than any other video I have watched.
@BoostedSilEighty12 жыл бұрын
Seriously, you make it very easy. Wish you were my Managerial Economics teacher here in California.
@1966TYSMITH11 жыл бұрын
Thanks a milion. The explanation were so simple that I actually got the concept.
@matyasfilippi624210 жыл бұрын
I've got a test coming up tomorrow in elasticity! This video helped me a lot!!!!!! Cheers!
@smarieasian11 жыл бұрын
The promo/ad for Kissland was the best part of the video :)
@whizbang2815 жыл бұрын
You are amazing. I owe my A in microeconomics to you. I referred your videos to all of my classmates!!
@ya0sef9 жыл бұрын
Lol, you made me pass economics in highschool a few years back.... Now im in college and I always come back to watch your videos to remember the things I've forgotten since highschool........ thank you Pajholden
@z9.b6 жыл бұрын
same
@Sweetrad7 жыл бұрын
thank you, my current economics professors have really thick accents so i dont learn anything in class, this is probably saving my grade
@SCAR-FACE-9913 жыл бұрын
You explain it so much better than my teacher, thanks mate :)
@foongbooey14 жыл бұрын
I have an assignment due that covers this and I couldn't understand it, but you've explained it perfectly! Thanks so much.
@pharmalokd13 жыл бұрын
you just explained this so perfectly. wish you taught at my school. respect!!
@Soul4eva111 жыл бұрын
YOU ARE AN AWSOME TEACHER! U MADE ECONOMICS SO EASY FOR ME!!!!
@sebrullezz8914 жыл бұрын
The best!! got my exam in a few hours and this explains it all :)
@radip14 жыл бұрын
It's great that you used the example to show us how PED works :)
@anydayatall11 жыл бұрын
I have a SAC tomorrow-You saved my life!!
@nagbe215 жыл бұрын
This video is great, the guys is a great teacher. Bravo
@GatitaRebulera30315 жыл бұрын
Thank you so much, I wish you were my teacher too. I wish you teach in Tampa, Florida. I was so lost until now, everything makes sense. You are an A(awesome) teacher
@JohnBehan16 жыл бұрын
Thanks from Tom, doing an exam on Monday, excellent tutorial
@TaelorPP10 жыл бұрын
You're amazing! A big thank you from myself and on behalf of some of the fellow economics students in my class (Perth, Australia) :)
@dengkon88627 жыл бұрын
fantastic lecture. thank you sir I'm sure i will be passing my econ class because of you. i will be sharing this with the rest of my class so we all get that A grade we want lol. Nairobi, Kenya
@redplum00714 жыл бұрын
YOU ARE REALLY A GREAT HELP SIR! I'LL BE HAVING MY REPORT TOMORROW AND I'VE UNDERSTOOD THE TOPIC BECAUSE OF THIS VIDEO! I'M LOVING ECONOMICS MORE.
@egorka220114 жыл бұрын
I wish my teachers could explain it that well )) great job!!
@divyanshurajput76159 жыл бұрын
Your way of teaching is awesome
@irenethanasi12314 жыл бұрын
YOU ARE BEYOND AMAZING!!! i ahve a midterm in 2 days and this helps me tremendously!
@xbebex0516 жыл бұрын
clear and straight to the point! thank you for these wonderful online lectures!
@Sanity111114 жыл бұрын
You are an awesome teacher. Keep on the good work and thanks a bunch for this
@babiitiger15 жыл бұрын
thank you so much for posting these explanations up! it really helped clarified things I had a hard time grasping.
@mytra0814 жыл бұрын
Thanks you explained it much easier than my professor!!!
@senorchipotle12 жыл бұрын
well articulated and extremely easy to follow. thank you, good sir!
@DasGrammarNazi12 жыл бұрын
Thank you! Your video helped me in preparing for my midterm.
@MrLuftwaffe10912 жыл бұрын
Good video. Very straight-forward and helpful.
@pajholden14 жыл бұрын
@chinzie275 HI - thanks for your comment. You have misread the equation, which calls for change in price. As price rose from 10 to 12, thus the change in price is 2.
@dispense198315 жыл бұрын
I worked this out, if you use the percentage method it is a more precise way of measuring elasticity - midway between the original and the new point. This is the average price and average quantity method. Stick to the way phill does it, but this is why the percenatage method figure is different.
@BloodOrangeLover9310 жыл бұрын
Aww the beginning and end was so adorable. Thanks for explaining to me. You're amazing!
@mrhatman2210 жыл бұрын
Smashed it Paj
@dudemanguyguy18212 жыл бұрын
I wish you taught my economics class, you can actually speak English. Very refreshing.
@collinsacheampong93797 жыл бұрын
Ten years, and I'm now coming to watch it
@monoremu32008 жыл бұрын
Who came here because their econ teacher sent them here =))))
@McDADDyK8 жыл бұрын
AQA now recommends him
@dumpster90488 жыл бұрын
I came here because my econ teacher sucks :) she's nice tho.
@monoremu32008 жыл бұрын
dumpster mine recommended this channel to us and, yeah, we pretty much teach ourselves for the final
@twlohaHOPE10 жыл бұрын
My Econ final is tomorrow and this is extremely helpful!!!
@tinygoof10 жыл бұрын
this is extremely helpful, your videos have helped me SO MUCH! thank you x
@NavyNigg5511 жыл бұрын
This was extremely helpful. Thank you so much for these videos!
@awsmits13 жыл бұрын
Thanks very much, you're getting famous in Groningen (Netherlands).
@shawjaime198816 жыл бұрын
really clear and understood the explanations! wish you could teach us in school phil! cheers
@csilatolu16 жыл бұрын
omg........this video is greater...i wish you could be my tutor in the uni..
@paisa95415 жыл бұрын
awesome video i hope to see more thanks
@pestss14 жыл бұрын
My god he just taught me PED in less than 7 minutes compared to my lecturer who failed to teach me that in 50 minutes. EPIC OWNAGE!
@meashy1115 жыл бұрын
Very nice guy... Thank you for your help Adrian from New York
@ZdendaR37R14 жыл бұрын
Thanks alot !! =) much better than my teacher´s explanations :-)
@cxilelab15 жыл бұрын
love your teaching style!
@fareed432114 жыл бұрын
very nice ,,,, thnak u very much keep it up bro
@mileynmandyfan10114 жыл бұрын
i love you. thanks for making my day better and helping me with the subject
@warishraaz60739 жыл бұрын
Thanxxx for the video... Very good...
@alih667211 жыл бұрын
thanks a lot! saved me time reading my Econ book!!
@asha11223314 жыл бұрын
thank you so much for this video i was so confused i was not getting my teacher what she teaching me but when i have seen ur video i got everything in optimal way thank uuuu so so so much i love the u teach plz plz plz upload more videos about MBA economics can u plz upload regression analysis and standard error estimation, demand estimation plz will look forward for ur kind help u r great owsome and best teacher.
@younaster14 жыл бұрын
Perfectly Explained.. Thank you very much
@deniskatashkentskiy14 жыл бұрын
u did some great job dude! its so clear to me now!
@ponison14 жыл бұрын
You're great lecturer ... Thank you so much
@vishalwall16 жыл бұрын
Thanks Bro..If there is god..I'm sure he loves you...I will ask my cousins to attend these online lectures..thanks
@nicolodelonghi60687 жыл бұрын
Very, very helpful for studying.
@suzanbones441311 жыл бұрын
wow. great teacher :D so easy 2 understand
@nan65878912 жыл бұрын
Thank you very much !!! Perfect explanation !!!! You're great !!!
@judst509810 жыл бұрын
Thanks a lot this helped me to understand what I was reading.
@jasonpuxty9459 жыл бұрын
Thank you for putting this up. I found it very helpful.
@jllerenab15 жыл бұрын
A great professor, thank you.
@12334ttqtqt8 жыл бұрын
great explanation
@chowash9 жыл бұрын
Thanks Phil, this is very useful.
@somalilandnew12 жыл бұрын
very helpfull man thanks a lot saves hours of reading
@carlislehoops4411 жыл бұрын
I wish you were my econ teacher. BIG help boss
@Gangstaq815 жыл бұрын
This is because of the negative ( Inverse ) relationship between price and quantity demanded, that is, as the price goes up the quantity demanded goes down. Conventionally Economists refer to PED in absolute term by ignoring the negative sign .
@runway200715 жыл бұрын
better than my professor :D thank you!
@budourhasona86111 жыл бұрын
I hate microeconomics but this professor is really good.
@braintrain500013 жыл бұрын
beautifully taught, i have seen your other lectures as well, great work :-)