Taxes on Producers- Micro Topic 2.8

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  • เผยแพร่เมื่อ 4 ม.ค. 2025

ความคิดเห็น • 560

  • @sarahs9553
    @sarahs9553 8 ปีที่แล้ว +1503

    this makes so much more sense in 5 minutes than it did in the two hour lecture

  • @10pmmemes88
    @10pmmemes88 5 ปีที่แล้ว +328

    Professor Clifford, I just want to say what a wonderful service your economics videos are.
    As an undergrad who is frustrated by my Econ professor (who seems to like puffing his intellectual chest by making elaborate points and examples) you really seem to prove what a good teacher looks like. A good teacher is not someone who can assert their intellectual superiority by impressing dummies like myself, but is rather someone who can explain a complex theory in a simple, and understandable fashion.
    Thank you so much for making these videos free as they are vital for struggling students like myself, even 5 years after you have created them!

    • @guptabhishek
      @guptabhishek 4 ปีที่แล้ว +7

      Shared the sentiments. Couldn't have said it better myself.

    • @benrawarg
      @benrawarg 3 ปีที่แล้ว +3

      I hope he got to read this.

  • @jaselinmunoz3672
    @jaselinmunoz3672 5 ปีที่แล้ว +80

    Wow. When my professor was explaining this lesson, I was overwhelmed and completely confused. Now I completely get it thanks to you. You save lives. Thank you!

  • @kelebogilemokoka5617
    @kelebogilemokoka5617 2 ปีที่แล้ว +15

    Sir....Hats off to you!! You helped me in High School and now in University!!! I will NEVER stop recommending your channel to others!!! Thanks a lot!

  • @pooyanhatami8090
    @pooyanhatami8090 7 ปีที่แล้ว +23

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  • @troypetersen5421
    @troypetersen5421 9 ปีที่แล้ว +639

    Econ final in 12 hours. only wish I found these videos sooner. Pray for me

    • @JacobAClifford
      @JacobAClifford  9 ปีที่แล้ว +128

      +Troy Petersen Good luck

    • @Apiabdul
      @Apiabdul 9 ปีที่แล้ว +3

      me too, it really helps me a lot to understand economy subject better

    • @paarthsharma7063
      @paarthsharma7063 6 ปีที่แล้ว +2

      this is so stereotype....o my exam is in 12 hours, and thank god i found this,,o my exam is in 2 days this video saved me. So stereotyped...

    • @paarthsharma7063
      @paarthsharma7063 6 ปีที่แล้ว +1

      and cliched

    • @Owlcrafter
      @Owlcrafter 6 ปีที่แล้ว +55

      whats more "cliche" than calling something cliche?

  • @krischarles5418
    @krischarles5418 7 ปีที่แล้ว +153

    lets take a moment of silent to bless and thank god for this man

  • @thereader5906
    @thereader5906 6 ปีที่แล้ว +22

    Dude, you're the kind of guy who I would pay ridiculous amounts of money so you could perform seminars in Universities and Colleges on "How to hire professors". The thing is that it is not just this course that makes you a "cool prof." it is actually within your nature to be like that and this is an attribute that needs to be present in a hiring process of a professor. Your communication style, in general, has a positive effect on students and you connect well with them, I haven't seen you in person but I'm pretty sure this is the way it is. I'm pretty sure that students even tend to talk about their problems outside of the class with you as well. Lastly, please keep this up and I'm not going to say "hopefully every person teaches like you do" because then there wouldn't be much appreciation for people like you!

  • @sharonneedles2555
    @sharonneedles2555 2 ปีที่แล้ว +8

    This video actually blew my mind with how clearly and effectively you explained this topic.

  • @mustaqeemrajpoot5632
    @mustaqeemrajpoot5632 ปีที่แล้ว +6

    Prof. Your 5 Minutes Video Is better Than Our 1:30 Hour lecture
    Really You are a Magician❤

  • @penpendoggo
    @penpendoggo 4 ปีที่แล้ว +2

    HEY YOU! Fellow high school econ student! if ever forget what goes to the government look for the box with "wings" (the left a right wings haha) .The money that goes to the government will alway be the box with triangles on both sides. pause at 2:39 to understand what i'm saying. The wings will either be the producer and consumer (taxes) surplus or dead weight loss (tariffs). I made up this mnemonic and got a 98% on my Unit 2 Test!!

  • @piperjeonghokim319
    @piperjeonghokim319 8 ปีที่แล้ว +19

    Mr C can still makes me crack a smile even when I'm cramming for my econ test at 1 in the morning XD Thank you so much :)

  • @thatnewguy5298
    @thatnewguy5298 ปีที่แล้ว +7

    This guy is what we call a economics legend thank u sir .I could say before I found ur channel I was seeing flames in my papers 😂 after watching Ur videos and making notes I'm finally understanding this module in university

  • @WZLR
    @WZLR 8 ปีที่แล้ว +48

    Can't thank you enough. Really enjoy the enthusiasm and upbeat attitude in the videos, really helps with staying engaged!

  • @Tube27184
    @Tube27184 10 ปีที่แล้ว +87

    Much easier to understand than our Prof. :)

  • @benripka6977
    @benripka6977 9 ปีที่แล้ว +68

    You just taught me my ENTIRE Econ 101 course in 2 days. I appreciate you. hahah keep it up !

    • @JacobAClifford
      @JacobAClifford  9 ปีที่แล้ว +59

      +Ben Ripka Great! Ben, return the favor by telling your friends and subscribing. Thanks

    • @brindleyadolphus4905
      @brindleyadolphus4905 4 ปีที่แล้ว

      @@JacobAClifford hahaha You got it

    • @ivydeng4050
      @ivydeng4050 9 หลายเดือนก่อน

      Can I assume who ever is more inelastic pays more tax?

  • @hughettecampbell1010
    @hughettecampbell1010 4 ปีที่แล้ว +5

    this man save my life, I have a quiz every Wednesday, each quiz five percent of my final grade, so far the lowest I've gotten is 60% and that was only one quiz.

  • @Roohaaniyat
    @Roohaaniyat 6 หลายเดือนก่อน

    its so amazing that a video made by you 9 years ago continues to be so very useful...and crayzily funny

  • @annetepeter7995
    @annetepeter7995 7 ปีที่แล้ว +4

    You, sir, are a life saver. You really simplify things and make them easy to understand. Thank you for my distinction. Now, hopefully I'll score another one today.

  • @MrMikeabcd1
    @MrMikeabcd1 7 ปีที่แล้ว +5

    Hi Jacob, I've been doing Economics this study period and watching your videos which have been a great help. Keep it up, you've got an excellent way of simplifying economic theories that makes it easier to understand

  • @BowieSpoon
    @BowieSpoon 8 ปีที่แล้ว

    I've learned more from half an hour of watching these videos than I have in my entire college micro class, how did my prof manage to say nothing in the past 3 months?

  • @helenchiang5526
    @helenchiang5526 7 ปีที่แล้ว +1

    You have no idea how much this has helped me, thank you so much for uploading :D

  • @RAZA-tg5bo
    @RAZA-tg5bo 2 ปีที่แล้ว

    bro u legit carried me through micro economics not gonna lie. im so thankfull for your videos. its informativ and very entertaining and im enjoying it all the time. thank you very much
    best regards from germany

  • @mbujjebenjamin1482
    @mbujjebenjamin1482 7 ปีที่แล้ว

    am also a teacher of economics here in Uganda, but never have i seen economics teacher as good as him, i would also copy your method and style of teaching

  • @isaacedwards8601
    @isaacedwards8601 4 ปีที่แล้ว +1

    This video still helping so many people in 2020.... Bless up

  • @christianfleming9449
    @christianfleming9449 5 ปีที่แล้ว +63

    All it takes for Econ teachers to make a little bit more sense is attitude. Everyone knows listening to economics for two hours straight is boring. Any teacher willing to keep the students attention are going to be winners 🤝

  • @twb_luis915
    @twb_luis915 3 ปีที่แล้ว

    Thanks to you I passed my Econ test! I didn’t really understand the material when my teacher explained but you helped me a lot and I appreciate it

  • @aidantribble7588
    @aidantribble7588 2 หลายเดือนก่อน +1

    Me learning more from this video than my entire semester

  • @oneinabillion654
    @oneinabillion654 6 ปีที่แล้ว

    Thanks Mr Clifford. Made more sense than 8months of studies on tax incidence

  • @glennzheng3111
    @glennzheng3111 2 ปีที่แล้ว

    this makes so much sense and helped me so much since my 2-hour lecture is just listening to my prof read through 50 slides

  • @Mikejrose8
    @Mikejrose8 7 ปีที่แล้ว

    You've been the reason I was able to get through Econ 101. I am eternally grateful Mr.Clifford.

  • @rossb9053
    @rossb9053 4 ปีที่แล้ว

    This is so much easier to pay attention to than my lectures. Even khan puts me to sleep on this subject, Thank you for doing these!

  • @Nili7012
    @Nili7012 4 ปีที่แล้ว

    Thanks a lot , you just explained in 5 minutes my teachers one hour lecture.
    I think it's not too far fetched to say you are one of the best prof that ever lived !

  • @zambianpoliticsupdate9754
    @zambianpoliticsupdate9754 ปีที่แล้ว

    This is not just good but it's simply unbelievable. Just 5 min videos has made me understand what I failed to understand in 1hr lecture

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    @ariannali2311 5 ปีที่แล้ว +4

    This video saved my ECON midterm, really.

  • @dopa9
    @dopa9 5 ปีที่แล้ว

    Jacob Clifford you are the best Economics teacher!

  • @fredygerman_
    @fredygerman_ 4 ปีที่แล้ว +4

    Mr.Clifford always saves me, especially during this Covid-19 times coz my teacher is not used in teaching online and all I get is Assignments

  • @ummehani2222
    @ummehani2222 3 ปีที่แล้ว

    Can't believe his videos are still that helpful .... Thank uu so much 💓

  • @Karenross22
    @Karenross22 6 ปีที่แล้ว

    Have econ for summer school, finals this wednesday, I had only 2 weeks and a half of econ and I've been lost lmao, with him things make more sense haha thank youuuu

  • @sanjanayasmin2366
    @sanjanayasmin2366 6 ปีที่แล้ว

    just few mins before i had no idea about taxes and now i understand,, im going to give exam now hope i will do the right thing..thank you so much for you super helpful videos .. i wish i could see it yesterday so i could study more affectively,,anyway thanks very much :)

  • @timbennjah4091
    @timbennjah4091 3 ปีที่แล้ว +1

    I love how fun you make this topic sound.Thank you so much

  • @naitken8751
    @naitken8751 4 ปีที่แล้ว +1

    Thanks for these videos. I've been watching them every Monday. I'll get an A for sure tomorrow!

  • @abhijeetsingh1386
    @abhijeetsingh1386 5 ปีที่แล้ว

    This video was really helpful, my economics professor confused me so much on this taxation thing, but now after watching this video, I am all good.

  • @connorsim9624
    @connorsim9624 7 ปีที่แล้ว

    Taking a mid-term and this has taught me more than everything in class so far

  • @ujjwalsharma7283
    @ujjwalsharma7283 5 ปีที่แล้ว

    Mr. Clifford you once again saved me... Thanks... Love from India❤️

  • @tendaizvikomboreroparaffin3925
    @tendaizvikomboreroparaffin3925 7 ปีที่แล้ว

    this guy has too much wisdom, thanks Mr , your are always helpful

  • @umarrasmi5016
    @umarrasmi5016 5 ปีที่แล้ว +1

    I'm telling you no joke your a legend sir. Thank you so much. exceptional video

  • @therealmissglamBAM
    @therealmissglamBAM 7 ปีที่แล้ว +6

    your enthusiasm cracks me up, thank you

  • @luizfelipecastrocoelho9314
    @luizfelipecastrocoelho9314 7 ปีที่แล้ว

    Dude.
    I have an exame tomorrow and you just helped A LOT!!!!!
    Thanks!

  • @vubaoanhnguyen2709
    @vubaoanhnguyen2709 8 ปีที่แล้ว

    u'r the best out of the best! 2 hours lecture won't be comparable to this video.
    tks so much

  • @fahimnafis1121
    @fahimnafis1121 5 ปีที่แล้ว

    2019 and here I am. this 5 mins made sense of what my faculty couldn't make me understand in 4-5 classes :3

  • @EnzoValentinoDePellegrin
    @EnzoValentinoDePellegrin 10 หลายเดือนก่อน

    You just explained to me in 5 minutes what I didn't understand in a 2 hours lecture

  • @thanhdiep.0806
    @thanhdiep.0806 3 ปีที่แล้ว

    Thank you! saved my university education & its investments!

  • @chenxuepan4792
    @chenxuepan4792 3 ปีที่แล้ว

    The king! Thanks for making my university life easier!

  • @moizzasalahuddin7078
    @moizzasalahuddin7078 8 ปีที่แล้ว

    Thank you so much! Your videos are the best, most engaging and you got the simplest ways for explanation!

  • @outermarsmusic2946
    @outermarsmusic2946 3 ปีที่แล้ว

    Dang Mr.Clifford this is awesome!

  • @adiyasagao3523
    @adiyasagao3523 7 ปีที่แล้ว

    I really thankful for this video , because right now I'm in Taiwan and it is hard for me to listen chinese language.
    thank you Professor It is really helpful

  • @derekjscott1
    @derekjscott1 6 ปีที่แล้ว

    wow i feel like i have had 4 coffees listening to this guy but he did give me the answer.

  • @h8nnahs
    @h8nnahs 2 ปีที่แล้ว

    Thank you I was struggling to understand this concept for a while

  • @rexynator_ytb
    @rexynator_ytb 5 ปีที่แล้ว

    1:35 producer pay 1 $ tax and consumer also at 5:08 its its equilibrium that change when demand is elastic which cause the producer to pay more tax

  • @JN-jx7nx
    @JN-jx7nx 2 ปีที่แล้ว

    I love ur explanations the most, always so informative and to the point

  • @danielk7225
    @danielk7225 6 ปีที่แล้ว +8

    I just had to thank him a thousand times.

  • @madisonfitts4982
    @madisonfitts4982 5 ปีที่แล้ว +1

    YOU SAVED ME FOR THIS EXAM!!!! THANK YOU

  • @kmsknight6600
    @kmsknight6600 3 ปีที่แล้ว

    Mr Clifford you help me lot sir. Thank you so much. I think I did my exams well ♥️🤩

  • @benrosenblat6433
    @benrosenblat6433 6 ปีที่แล้ว

    My exam is tomorrow. You helped me so much thanks. :D

  • @tommyliddle9952
    @tommyliddle9952 9 หลายเดือนก่อน

    another 10/10 video, makes me want to switch my major to Econ honestly.

  • @AlextheLue
    @AlextheLue 3 ปีที่แล้ว +2

    Thank you, Dr. Clifford! You're saving my grade (and sanity) :)

  • @Fraugrin
    @Fraugrin 5 ปีที่แล้ว +2

    2019 and this is still more helpful than 2 hour lecture

  • @jonjacobjinglehimer-shmit8608
    @jonjacobjinglehimer-shmit8608 4 ปีที่แล้ว

    I know you hear this a lot because I read the comments, and I’m not gonna ask you for a lock of hair, but you’ve saved my grade. I can’t thank you enough.

  • @AnnabelWillison
    @AnnabelWillison ปีที่แล้ว +1

    can someone teach me how do do this if I don't have the graph, just the schedule?

  • @helenzhang9689
    @helenzhang9689 ปีที่แล้ว

    most helpful video i've ever watched. thank you SOOO much

  • @ExcelTutorials1
    @ExcelTutorials1 2 ปีที่แล้ว +1

    So condensed and so valuable. Thank you!!

  • @kazinayeer
    @kazinayeer 7 ปีที่แล้ว

    YOU ARE ABSOLUTELY AMAZING!!!!
    A LIFE SAVER!!!
    THANK YOU SO MUCH FOR MAKING ECO SO MUCH EASIER FOR US!!!

  • @emusl0veme
    @emusl0veme 7 ปีที่แล้ว

    I love your videos! It helps me understand much better before and after reading the book.

  • @artang3l
    @artang3l 7 ปีที่แล้ว

    This channel is gold. Thank you so much for your videos!

  • @sindbad184
    @sindbad184 3 ปีที่แล้ว

    wonderful explained with clover manner for giving the IFs, thanks a lot

  • @chlololuyi
    @chlololuyi 2 ปีที่แล้ว

    self reference!!
    1:25 how to see tax]
    2:39 gov tax revenue
    2:44 dwl
    3:22 every explanation

  • @ks18882
    @ks18882 8 ปีที่แล้ว

    Understood in 5 mins, wonder why I spent 6 months on EC101- thanks for the video

  • @zechyim
    @zechyim 4 ปีที่แล้ว

    A rare educational video that I don't have to fast forward

  • @FeraldiMarco
    @FeraldiMarco ปีที่แล้ว

    thank you so much. you consolidated my understanding on taxes and DWL

  • @markwoo7231
    @markwoo7231 7 ปีที่แล้ว

    Love your videos Great explanation accompanied with great visuals. on the topic of the video on taxes I am a citizen of Canada and many do not feel that taxes are "the enemy" or "dead weight" or "a burden". I know you did not create those phrases but you must realize these terms are biased and loaded. It would be great if you could add a "Springer's Final Thought" to this video explaining that taxes are used for health inspectors that check your restaurants for cleanliness; libraries; snow removal; keeping lakes clean and wildlife monitored/protected. In your video example you talk about milk. Taxes collected should be used to assess the long term health affects of growth hormones or anit-biotics on humans and to advise farmers on how to protect cattle from mad cow disease. Taxes are necessary revenues collected to pay for externalities that corporations do not factor into the price of their goods ie. take away coffee cups and their disposal.
    Just a thought from your northern neighbour to help Americans not hate and mistrust government.

  • @jimbobbab
    @jimbobbab 9 ปีที่แล้ว

    This is the most exciting econ I've ever learned

  • @sadoubabi9652
    @sadoubabi9652 8 ปีที่แล้ว

    your the best economics teacher.

  • @freatythedreary5491
    @freatythedreary5491 5 ปีที่แล้ว

    Way better than the shitty 2 hrs lecture I’m currently sitting in rn. Thank you sir

  • @koresenzo
    @koresenzo 3 ปีที่แล้ว +1

    you actually help a lot i love you

  • @KnowArt
    @KnowArt 3 ปีที่แล้ว

    This video is indeed awesome

  • @TheMelanie04fol
    @TheMelanie04fol 5 ปีที่แล้ว

    This guy cracks me up. Great way to learn!!

  • @LeliPlaysBeatSaber
    @LeliPlaysBeatSaber 6 ปีที่แล้ว

    Somehow a few hours of your videos were more effective than most of my lectures 😂

  • @qwerty-2881
    @qwerty-2881 6 ปีที่แล้ว

    this is great Im taking public finance lecture, this video help me to explain tax incidence. Thank you

  • @thomasheyden3669
    @thomasheyden3669 6 ปีที่แล้ว

    You're So Funny Mr. Clifford! You make Econ fun!

  • @eva7in
    @eva7in 8 ปีที่แล้ว

    👏🏼👏🏼👏🏼awesome videos😭😭😭so smart and explains things so well

  • @Phionerulz
    @Phionerulz 3 ปีที่แล้ว

    I'm watching this before my macro midterm. Apparently, this is included in my macro class

  • @shreyaspandey9189
    @shreyaspandey9189 6 ปีที่แล้ว +18

    hit like if anyone still watching this video and it is totally making sense!

  • @karanbajaj852
    @karanbajaj852 5 ปีที่แล้ว

    Mr Clifford amazing lecture on TH-cam, Economics is very much interesting.
    your online lectures helping our nephews, Thank you for all details .

  • @WonderfuulDay
    @WonderfuulDay 8 ปีที่แล้ว +1

    AP test tomorrow. Thank you for these videos xD

  • @SaharNawaz
    @SaharNawaz 9 ปีที่แล้ว +1

    It all makes sense now. Wish I came across this before dropping micro, cause now Ive gotta sit around for round two of it.

    • @JacobAClifford
      @JacobAClifford  9 ปีที่แล้ว +2

      +Sahar Nawaz Well, that's ok. Now you will know everything:)

  • @tiiitowww
    @tiiitowww 4 ปีที่แล้ว

    Amazing!! You are just gifted. Thank you 🙏🏾🙏🏾

  • @nurafiqahsaridaut2548
    @nurafiqahsaridaut2548 8 ปีที่แล้ว

    got a test in two days, this helps a lot!

  • @tamok.nguyen
    @tamok.nguyen 2 ปีที่แล้ว

    It was a little confusing at first but I eventually grasped the concept. Thank you so much!

    • @rey7014
      @rey7014 2 ปีที่แล้ว

      You got an exam?

    • @tamok.nguyen
      @tamok.nguyen 2 ปีที่แล้ว +1

      @@rey7014 Yessir in 2 days and I'm at unit 2

  • @easylearning7665
    @easylearning7665 4 ปีที่แล้ว

    8.1 Are predictions using the supply-and-demand model
    likely to be reliable in each of the following markets?
    Why or why not?
    a. Apples
    b. Convenience stores
    c. Electronic games (a market dominated by three
    firms)
    d. Used cars