Short run aggregate supply | Aggregate demand and aggregate supply | Macroeconomics | Khan Academy
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- เผยแพร่เมื่อ 30 ก.ย. 2024
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Justifications for the aggregate supply curve to be upward sloping in the short-run
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Why is it so easy to learn from this in comparison to lectures? I feel like I am cheating by watching these videos.
Professors don't use diagrams and visuals. My classes are mostly the instructor speaking for 1 hour. The instructor goes in extreme detail that in the end, I am not sure what the whole picture is. Also, Because professors are in university because they are passionate about the research! And they have been at university all their lives and sometimes lack the understanding of what does it mean to a beginner in something! Most of them have never taken a teaching class and even if they did, they aren't necessarily passionate about teaching. Some teachers just have that gift of reaching people's minds and hearts. And Sal is one of them.
These videos helped me refresh my knowledge on AD/AS curves in about 40 mins. Much simpler than the piece of shit overpriced textbooks.
i agree with u
For real. I aint buying the textbooks anymore.
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ACDC Macro Review Packet for those those interested. Your welcome ;)
thank you so much, I shouldn't have attended my professor's classes. they were waste of my time.
I feel the same when I totally black out on lectures.
Khan's a genius, your best friend, and the one who saves your azz in every exam.
Did you get an A?
Your videos are amazing. However, students should be advised, that they may be taught by a HORISONTAL SRAS (Short Run Aggregate Supply) function, from the assumption that prices cannot change in such a small time frame. This means that Prices are fixed here.
isn't that a classical theory?
No. Classical assumes that prices and wages changes so quickly that there basically is not short run supply curve in the first place. Everything stays at the natural rate
Thank you! I was hoping this video would help explain why my textbook has an AG S curve that is sloped but my prof drew it horizontally! :)
I read in another place that the upward slope would be the MRAS and the horisontal would be SRAS. Is any of these more true or is it just a matter of perception?
Literally spent two hours in a review session for my econ exam tomorrow, and my professor took the whole time to try and explain these concepts, and I've learned more from watching these short videos.
So this is the first time I've seen an upward sloping sras. Is there a reason this is different from every other explanation of this showing the SRAS as downward sloping??
I Thank God for this video.
this mans a fcking genius , no professor can ever top him
vote Sal for president
These videos are by far the best explanation I have ever heard or read in regards to the basic principles and concepts of macroeconomics. These videos teach more in 12 minutes than a three hour lecture at any college/university (assuming the uploader isn't a college professor). I watched this video to clarify a single point while studying for the CPA, and ended up learning more in 12 minuets than I did in a 4 hour lecture by Becker. Thank you!
If the SRAS curve is upward sloping then when will the SRAS curve is horizontal ? , What are the different conditions for them ?
Please review this question - economics.stackexchange.com/questions/20656/aggregate-supply-curve-in-nominal-wage-rigidity-and-real-wage-rigidity
Economists do it with models. xD
Professors don't use diagrams and visuals. My classes are mostly the instructor speaking for 1 hour. The instructor goes in extreme detail that in the end, I am not sure what the whole picture is. Also, Because professors are in university because they are passionate about the research! And they have been at university all their lives and sometimes lack the understanding of what does it mean to a beginner in something! Most of them have never taken a teaching class and even if they did, they aren't necessarily passionate about teaching. Some teachers just have that gift of reaching people's minds and hearts. And Sal is one of them.
lemons and frickn lemonade. I love u sal.
you're really good... u make it easy to understand 😄😄
Mr Salman Khan rocks! Both the actor and the teacher!
Thanks for these great videos but I still have some question on the misperception theory.
Why will the firm think that the price of their goods & services is going up?
Isn't it the firm itself decides the price of their goods & services?
Why they raise the price of their goods & services?
If it is based on demand & supply, why there is more demand for the goods & services?
When I review what causes the aggregate price ↑, I seem to find the answer.
Money Supply↑=> people become wealthy => C↑ => demand of all kinds of goods & services↑ but supply remains unchanged => aggregate price ↑
Therefore, the firm perceives the demand for its goods & services↑ and decided to increase the price. Since there is the demand for its goods and services and the price ↑, the firm decides to produce more to earn more => Y↑.
What misperception theory here is that the firm incorrectly thought that only the price of its goods and services ↑ thus the firm thought that both its nominal and real revenue ↑. However, in long run, the firm realizes that only its nominal revenue ↑ but not is real revenue because the price of other goods and services ↑ too.
+Alan Au right
these videos are fantastic, you are able to summarise my two hour lectures into understandable 15 minute videos, top notch work sir, keep it up!
I have an exam on this tomorrow
Shut up
I started searching the definition of a dividend, and I ended up here.
I love economics, you start with one little thing and it can take you beyond infinity
huh...the upward sloping short run i remember from beginner Macor, but in advanced macro now we are graphing shortrun AS as a horizontal line
Driven_Mx5 it's just a simplification, it makes the model easier to use
3:00 how school works.
😂 HAHAHA JUST TRUE DUDE
why in my textbook (written by Mankiw) the short run curves is drew horizontal not having a slope like yours?
They assume prices can't change in the short run
"Asymptote-ing it up" xD
Thank you!
this is the keynesian view? or just a moderate modern view
I think the Keynesian view is when the SRAS is horizontal. But I'm not sure. There was something on the Wiki-page for aggregate demand/supply
How will the AD-AS model look like with the impact of strikes on the general price level and the level of real production and income in the economy?
Taking economics in my Master Degree and I hvae learned more in one 12 minute vidoe than i ever did in the last 6 x 2hr lecturers I have sat in in the last 6 lecturers ....University Professors need to learn from this guy on how to deliver a freaken course adn teach students the basics. Thank you Khan!
What happens when there is a shift both in LRAS and Aggregate demand? Equilibrium shifts from one point to two others. I can't get my head around that.
Ulan ibranice bile altyazı var neden Türkçe yok neden
What's the mispeucephon theory?
poonugz misconception theory
Will u plz provide video on derivation of AS curve from labour market?
thank you so much , I owe you my International Marketing Degree
you're the best!!!!!
can you explain the shift in the aggregate supply model? That would be helpful, Thanks!
when he dotted the letter k in the word sticky :((((((
Thank you, Thank you, THANK YOU!!
you sound like Reuben from the Ocean's movies
Do you know how awesome you are??? 😍😍😍😍
And we have to believe all this crap?
Your fried rat on a stick
7:40 whoops
sticky
That is what the explanation is!
shout out to my boi hema😍🤩
Thank you for sharing! This is super helpful!
@DONHSD nobody forced you to watch his series.
My teacher for my online econ class puts these in the notes for us :D
He sounds like ranboo
Thank you so much! This is really helpful
3:25
Great Source of knowledge
thank you sir
excellent lectures
god bless you
Thanks G!
great video
Last!
Dope
fifth !
very gud
fourth!
first!
thanks vlad!