Comparative Advantage Practice

แชร์
ฝัง
  • เผยแพร่เมื่อ 3 ธ.ค. 2024

ความคิดเห็น • 655

  • @JacobAClifford
    @JacobAClifford  7 ปีที่แล้ว +846

    Hey, is this type of video helpful? I'm sorry that it is so long, but you can skip ahead to 10:48 if you just want to practice.

    • @kenialievanos2864
      @kenialievanos2864 7 ปีที่แล้ว +11

      ACDCLeadership thank you for posting this, I really Review this, when I have doubts in my microeconomics class . Thanks

    • @minhcao7592
      @minhcao7592 7 ปีที่แล้ว +11

      very helpful! thanks a lot

    • @sopranosadiyah
      @sopranosadiyah 7 ปีที่แล้ว +9

      This was so helpful! Thanks for posting.

    • @jingerJD
      @jingerJD 7 ปีที่แล้ว +3

      Super super helpful! Thank you!!!

    • @giovanninogabadze
      @giovanninogabadze 7 ปีที่แล้ว +2

      Thank you so much ! It helped me a lot !

  • @mowtown75
    @mowtown75 4 ปีที่แล้ว +55

    "If you don't understand don't say I will get it later, get it now!" - yes classic, I needed to be reminded thank you!

  • @jasleendhillon6739
    @jasleendhillon6739 6 ปีที่แล้ว +618

    Hey Jacob, you’ll probably never read this but you have on multiple occasions helped me understand macro/microeconomics. Really appreciate you taking out time to help us understand this material. Keep up the great work, you’re the best.

    • @JacobAClifford
      @JacobAClifford  6 ปีที่แล้ว +228

      Of course I will read this :) Thank you so much for watching my videos. You rock Jasleen

    • @mindgraphy_
      @mindgraphy_ 6 ปีที่แล้ว +28

      Jacob Clifford Sir, you are a legend! 🙏🏼

    • @brenylove4117
      @brenylove4117 5 ปีที่แล้ว +7

      Me tooo

  • @jingerJD
    @jingerJD 7 ปีที่แล้ว +197

    Every time I am completely lost in Economics I come to one of your videos! Great job! You're an excellent teacher. Oh and I love the memes you add in too!

  • @Scorpien
    @Scorpien 3 ปีที่แล้ว +12

    You're explaining economic concepts better than anyone else I found in the internet... my compliments! Very helpful!!! So appreciated!

  • @howiedaubenspeck9028
    @howiedaubenspeck9028 5 ปีที่แล้ว +8

    I've taken Micro and now I'm taking Macro and this video in eight minutes helped me understand comparative advantage more clearly than anything i've tried previous. Thanks

  • @t.e.1934
    @t.e.1934 ปีที่แล้ว +3

    I love you Jacob Clifford, you've restored my faith in humanity. You've proved that it's never the subject that is too hard, it's just the teacher.

  • @sevaraamirkhamzaeva3297
    @sevaraamirkhamzaeva3297 5 ปีที่แล้ว +608

    damn I can learn the concept in 10 mins while it takes 2 hrs for my lecturer to explain,
    university sucks

    • @derkhaslol
      @derkhaslol 5 ปีที่แล้ว +19

      Well, my teacher explained it in 5 min. Surprisingly, I just didn't get it haha.

    • @joussefabouali4795
      @joussefabouali4795 4 ปีที่แล้ว +8

      Guess what school sucks, and guess what we take this.

    • @maxcadilha2490
      @maxcadilha2490 3 ปีที่แล้ว +9

      You have the absolute advantage

    • @applemusic751
      @applemusic751 3 ปีที่แล้ว

      @@maxcadilha2490 LMFAO

    • @Zygotic
      @Zygotic 3 ปีที่แล้ว +5

      Professor posts slides expecting us learn like that

  • @OzarkGenerations
    @OzarkGenerations 7 ปีที่แล้ว +157

    Just started an economics class. This video is a lifesaver! Thanks!

    • @Jside68
      @Jside68 6 ปีที่แล้ว

      Its a really big batch

    • @shammaalali352
      @shammaalali352 3 ปีที่แล้ว

      But how is 2 divided by 20 is one over 10 it’s 0.1

    • @tokyo7671
      @tokyo7671 2 ปีที่แล้ว

      @@shammaalali352 lmfao

    • @kaeyasimp7028
      @kaeyasimp7028 2 หลายเดือนก่อน

      It’s helping even now in my AP class ☺️wish me luck

  • @samanthafoster1227
    @samanthafoster1227 5 ปีที่แล้ว +10

    Thank you so much for helping me to understand this concept. I sat in class for 3 hours and understood nothing, got 1 hours extra lesson and was completlely clueless. This video made me understand the entire concept. keep up the good work!

  • @rockysavage9336
    @rockysavage9336 3 ปีที่แล้ว +4

    I don't care if I'm 3 years late in this video but you are THE BESTat teaching this stuff. I get this much more easier here than in my normal class. It's ridiculous!!! Your awesome Jacob.

  • @crsty.s
    @crsty.s 11 หลายเดือนก่อน +2

    You make our 58 mins video from the teachers, less than 20 mins. Thank you so much! Everything makes sense now for my long exam

  • @johnniestacyjordan2915
    @johnniestacyjordan2915 2 ปีที่แล้ว +2

    Your explanation erased hours of study. It made what others complicated, simple. Thank you.

  • @Overcome_Thyself
    @Overcome_Thyself 2 ปีที่แล้ว +4

    Thank you Jacob I understand the whole concept in 10 minutes in comparison to my 2 hours lecture. You are a savior to students like us!

  • @vanibisara7632
    @vanibisara7632 2 ปีที่แล้ว +5

    Hello Jacob Clifford. You are a great Teacher. First I found it difficult to understand but later on I watched the videos again and I understood very well. Thank you for spending your time for teaching.

  • @chitras6897
    @chitras6897 6 ปีที่แล้ว +8

    brilliant video. trust me, i was struggling with this concept literally for 4 years. and you cleared it almost in 10 mins. thank you so muchhh.

  • @pickleslicker
    @pickleslicker ปีที่แล้ว +5

    I was so stressed about how I was going to answer these questions on my midterm bc I was a little lost on this topic but this video gave me so much confidence bc I understood everything so well!! From the bottom of my heart, thank you so much for your work, I will now watch your other videos as I continue to study

  • @fredbear7901
    @fredbear7901 5 ปีที่แล้ว +4

    I just wanted to say a HUGE thank you Jacob. I always did in my brain in High School and at College (Uni over here in Australia) and now I'm trying to teach comparative advantage in High School!!! I never had it explained to me as simply as you have. BIG thumbs up to you!!

  • @emmamcguinness8165
    @emmamcguinness8165 2 ปีที่แล้ว +1

    This man is single handedly saving my grade. Even years later, thank you!

  • @District4girl
    @District4girl 5 ปีที่แล้ว +3

    ok i was freaking out because i didnt know how to do this in class and i came here and have a better grasp on it. thank you so much!!!!

  • @andreiguban7079
    @andreiguban7079 5 ปีที่แล้ว +12

    Thank you so much for doing this video. You're helping so many students like me for our academics. Please keep it up and continue helping not just more students but more people that wants to learn economics

  • @royah5404
    @royah5404 6 ปีที่แล้ว +13

    This video literally explained everything I wasn't able to understand and I love how you take time to explain even the simplest things, and several times. Keep up the good work!

  • @from_embers_to_greatness
    @from_embers_to_greatness 2 ปีที่แล้ว +3

    I really like how you do multiple videos for concepts that are a little more difficult because it really helps us understand these concepts better! :D

  • @jaymzz200
    @jaymzz200 5 ปีที่แล้ว +2

    you're a miracle worker for us econ students Jake! i would be nothing without these videos. mad love!

  • @mahmoodurrashid5411
    @mahmoodurrashid5411 6 ปีที่แล้ว +1

    You just cleared my concept about comparative advantage . That per unit opportunity cost is lifesaver .

  • @julie1693
    @julie1693 6 ปีที่แล้ว +1

    I'm taking this class in Macroeconomics and my gosh you hit it out the park with the way you explain it. Thank you Jacob!. You Rock!

  • @joseafalvel
    @joseafalvel 6 ปีที่แล้ว +28

    these lessons are awesome ¡¡ I'm falling in love with economics

  • @hollybecker5975
    @hollybecker5975 5 ปีที่แล้ว +1

    I don't know what I'd do without your videos- thank you so much!

  • @studywithme5206
    @studywithme5206 2 ปีที่แล้ว +2

    I missed a couple of classes in International Econ this term and was clueless! This greatly helped, thanks a ton! Your videos have helped me a lot!

  • @jashannagra1092
    @jashannagra1092 หลายเดือนก่อน +1

    The video was very useful, and I hope I get favorable grades in my exam. Thank you.

  • @uraharakisuke8035
    @uraharakisuke8035 5 ปีที่แล้ว +2

    this vid taught be more in 19 minutes than an hour long class. i love your vids man they're amazing

  • @estherguillen7777
    @estherguillen7777 6 ปีที่แล้ว +1

    I have a quiz tomorrow. I knew the concept but kept getting confused, this video helped ALOT thank you so much your a lifesaver !

  • @shiloxiri8808
    @shiloxiri8808 6 ปีที่แล้ว +3

    Hi Jacob,
    I just loved your lectures the only thing that some times hinders my focus is your speedy conversation. But over al its wonderful!!
    Nadia
    Chitral/Pakistan.

  • @christophelawson3458
    @christophelawson3458 5 ปีที่แล้ว +1

    hey jacob im just a random kid from australia trying to pass year 12 atar your video on this concept was easy to understand and I now completely get it thanks a bunch

  • @nickgordon6125
    @nickgordon6125 4 ปีที่แล้ว

    you are an excellent tutor. Thank you for being so detailed and repetitive. I Finally understand.

  • @andreyshor1743
    @andreyshor1743 6 ปีที่แล้ว +1

    YOU LITERALLY MADE THIS CONCEPT AS EASY AS POSSIBLE IN A MATTER OF MINUTES!!!! THANK YOU :)

  • @brenylove4117
    @brenylove4117 5 ปีที่แล้ว +2

    Extremely helpful. You explain way too well. Thank you sooo much.

  • @Dedadudu09
    @Dedadudu09 6 ปีที่แล้ว +1

    SOOOOOOOOOOOOOOO HELPFUL! College student in macro, this is my go to study resource now!

  • @mervetokuc7923
    @mervetokuc7923 4 ปีที่แล้ว

    thank you!! I was struggling because of coronavirus break at my college. you teached everything in nearly 30 mins (total of your all comp. adv. videos) that my lecturer struggled to teach in 2 weeks. you are amazing. you should be the god of economics!!

  • @jenniferyepez1947
    @jenniferyepez1947 4 ปีที่แล้ว

    I have an exam today, I've been trying to understand this concept for days!!! It's amazing that I was able to understand it in less than 30 min. Thank you so much!!!

  • @akshatjuneja2477
    @akshatjuneja2477 5 ปีที่แล้ว +1

    You are the GOAT of ECON, thx so much for making these!!

  • @staysharp_chaos
    @staysharp_chaos 5 ปีที่แล้ว

    Dude, first off, thank you so much!!! I can not understand any of what my professor currently talks about. You articulate this to where I learned the entire first 5 chapters of my book a couple hours before my exam!!!

  • @jessicafadel5196
    @jessicafadel5196 2 ปีที่แล้ว

    Thank you so much Mr.Clifford I have had 2x A+ at my economics exams ! and I have been learning with you mostly because I am doing an online Bachelor of Business. Thanks so very much! You are an absolute gem of a professor :)

  • @annaktrman
    @annaktrman ปีที่แล้ว

    Jacob, you are my hero! You can't imagine how grateful I am for your videos. You've helped me a lot in micro and macro. THANK YOU

  • @Journaluxe
    @Journaluxe ปีที่แล้ว

    I’m using this as part of my study session and it popped up randomly on my feed. Thank you for making economics fun!

  • @TrinidadSanchez
    @TrinidadSanchez 5 ปีที่แล้ว

    You are a f***ing hero! Im doing a 8 week crash course and your videos are lifesavers

  • @megacow2005
    @megacow2005 7 ปีที่แล้ว +7

    This man has saved me, I will forever be in your debt

  • @PartnerWithAngela
    @PartnerWithAngela หลายเดือนก่อน

    Came out of a lecture room confused now it’s crystal clear

  • @manganizulu1565
    @manganizulu1565 5 ปีที่แล้ว +3

    very helpful information, I always search for your videos.

  • @micahstone1475
    @micahstone1475 2 ปีที่แล้ว

    Just passed my Micro Economics Clep Test because of these videos. Thanks Jacob!

  • @nateriver1005
    @nateriver1005 6 ปีที่แล้ว +1

    Excellent! A really good base introduction. It starts to get complex when the realities of technological is thrown into the loop.

  • @theyouleadnetwork9109
    @theyouleadnetwork9109 7 ปีที่แล้ว +1

    Thank you so much, I've never understood comparative advantage like this before.

  • @rwalphonse2946
    @rwalphonse2946 ปีที่แล้ว

    This video is very helpful. I have been struggling with the concept of comparative advantage until I watched this video! Thank you so much!

  • @allissavalenzuela385
    @allissavalenzuela385 5 ปีที่แล้ว

    I watched your videos as a high school senior in AP Macro and Micro. Now I'm a college student studying for the exams for my teaching certificate and I'm taking the subject test to teach econ so I'm watching your videos again to review!

  • @yonelanotshe5202
    @yonelanotshe5202 5 ปีที่แล้ว

    Your videos are the best I never write exam without visiting them...they are simple and helpfull

  • @yazminmoreno1787
    @yazminmoreno1787 ปีที่แล้ว +1

    Mr. Clifford you make me believe I’m an expert in international trade 😊🎉

  • @VictoriaEdet-d1f
    @VictoriaEdet-d1f 20 วันที่ผ่านมา

    This is the best video ever from you Clifford

  • @yenglor691
    @yenglor691 5 ปีที่แล้ว

    Thanks so much! I was looking over my notes and l asked myself why did my math looked so different. That last problem is a life savor because the example my professor used in class was input not output. Now I understood!

  • @silverose15ify
    @silverose15ify 6 ปีที่แล้ว +3

    i never had economics, still dont, but i just love how capable you are at explaining stuff . i mean i understood it all and managed to work them out xD

    • @emmaharrison5449
      @emmaharrison5449 4 ปีที่แล้ว +1

      lol the fact that you just did this for fun

  • @shimao5505
    @shimao5505 2 ปีที่แล้ว

    Now I totally understand. I messed up with outputs and inputs question. Thank you so much you’re my lifesaver

  • @jenniferdemoss3513
    @jenniferdemoss3513 2 หลายเดือนก่อน

    I really appreciate the way you've explained the concepts. My class is an online class because of the hours I work, so as a result I miss the opportunity of live lectures which can be really beneficial. This is a great alternative to that. Thank you so much for taking time out of your life to do these videos and create these review plans. I am so grateful.

  • @John-lf3xf
    @John-lf3xf 5 ปีที่แล้ว

    Thank God for people like you.

  • @cm-xw3qp
    @cm-xw3qp 2 ปีที่แล้ว

    THANK YOU SO MUCH FOR HELPING ME!!! I now understand the concept WAY better now!!!

  • @lewishodder1843
    @lewishodder1843 3 ปีที่แล้ว

    This is an incredible video, made so much more sense listening to you than my lecturer. Thank you so much

  • @yeahyeah12207
    @yeahyeah12207 2 ปีที่แล้ว

    years later and you might not see this but THANK YOU! Like this was exactly what I needed and really helped me understand this concept. I am so happy I can finally do it. Really wasn't that hard like I was making it. Thank you so much.

  • @lujdivertid
    @lujdivertid 3 ปีที่แล้ว

    Wow!!!! now I understand the idea of comparative advantage and calculations related to it. Thank you Jacob!!

  • @ashleyrhae_
    @ashleyrhae_ 5 ปีที่แล้ว +1

    You've really helped me understand the concepts of Microeconomics. THANK YOU OF SO MUCH!!!

  • @anarocha6637
    @anarocha6637 6 ปีที่แล้ว

    I have an important economics exam next week and your videos are helping me a lot. Thank you so much!

  • @thesecretjin5988
    @thesecretjin5988 3 ปีที่แล้ว +1

    My professor made me hate eco. Sir Jacob made me love this subject again

  • @luvdisneyworld
    @luvdisneyworld 6 ปีที่แล้ว

    Thank you so much for this! This is helping me so much in my microeconomics class that I failed once! So glad I have your videos for this time around! Yours are the only ones that make sense to me. I love the way you explain things and give examples! THANK YOU!

  • @davidodivwri6304
    @davidodivwri6304 2 ปีที่แล้ว

    Thanks Jacob. The video was really helpful, it helped me understand the concept without even learning from my teachers

  • @nancyrobbins9190
    @nancyrobbins9190 3 ปีที่แล้ว

    You're an incredible teacher! Wish you had been around when I was learning this in highschool... many, many, moons ago! I'm using this now for a Macroeconomics class for a second career - it's a great resource! I just sent it to some friends to help with their homeschooling co-op. Thanks for the stellar teaching!

  • @umairrehman3369
    @umairrehman3369 6 ปีที่แล้ว

    I wish I had a teacher like you..

  • @EndlessMotivation1.0
    @EndlessMotivation1.0 5 ปีที่แล้ว

    your examples can teach every confusion .and one more thing ... good work men thanku so much

  • @weekendresearcher
    @weekendresearcher 5 ปีที่แล้ว

    Raw concept. Jargonless. Great tips and tricks.

  • @markanthony523
    @markanthony523 2 หลายเดือนก่อน

    You helped sooooo much , explaining it this way. Being able to pause and giving us more than one practice question!c Thank you!

  • @Jigglewigglewiggle
    @Jigglewigglewiggle ปีที่แล้ว

    I spent 3 hrs understanding this ( and still don't get it ) and took me 30 mins to get it by this video ( by doing the practice) .. THANK YOU SO MUCH

  • @Chew322
    @Chew322 7 ปีที่แล้ว

    omg this video is indeed a lifesaver. I was confused why the formula for output doesn't work with the input but after watching this video I finally got it. Thanks !

    • @claudiad4987
      @claudiad4987 7 ปีที่แล้ว

      I had the same problem!...but thanks to the video I'm cool now

  • @haroonalhayder568
    @haroonalhayder568 6 ปีที่แล้ว +1

    I am taking microeconomics class and i found this video extremely helpful. could you please make one on Production and consumption table ? thank you!

  • @rheanng1920
    @rheanng1920 6 ปีที่แล้ว +1

    hi im studying for my 3 part micro final tmr and lemme just say u made more sense in these vids than he ever did in a semester ... oop !

  • @karenwisusa6258
    @karenwisusa6258 6 ปีที่แล้ว +1

    I’m a Macro student. This video was VERY useful for Absolute/Comparative advantage. I think it’s the best one out there.
    I bought the packet, but it’s confusing. I would have liked links to videos in order of the Mankiw chapters. Too late for me if I pass my final exam, but it may help future struggling students.

  • @damolababalola941
    @damolababalola941 5 ปีที่แล้ว

    Just to let you know I did very well on a test 2 weeks ago because of this video! Thanks Man!!

  • @MohamedEsmailAlazraq
    @MohamedEsmailAlazraq 5 ปีที่แล้ว

    Thank you sir, regards from Libya 🇱🇾

  • @princearango3221
    @princearango3221 6 ปีที่แล้ว

    great job. Using this to help me pass my midterm at Hunter College. Very helpful

  • @fishlol0525
    @fishlol0525 7 ปีที่แล้ว

    I really benefited from this video and I'm so happy I know how to do this now. I really like how you went though all the example problems step by step.

  • @rickyharper7795
    @rickyharper7795 5 ปีที่แล้ว

    Thank you. Way better explanation than my prof.

  • @Melanesiangurl
    @Melanesiangurl 4 ปีที่แล้ว +1

    This is so helpful , this is really helping me revise for my university exams . Thank you so much and keep up the great work :)

  • @superdarkboy12335
    @superdarkboy12335 6 ปีที่แล้ว +135

    is it just me or did he actually "absolute advantage on lollipops" 13:28 lol

    • @icarusshepherd1724
      @icarusshepherd1724 4 ปีที่แล้ว +4

      yes he meant laptop.

    • @connormueller6529
      @connormueller6529 4 ปีที่แล้ว +2

      Icarus Shepherd you missed the joke

    • @icarusshepherd1724
      @icarusshepherd1724 4 ปีที่แล้ว +1

      @@connormueller6529 lmao what

    • @connormueller6529
      @connormueller6529 4 ปีที่แล้ว +3

      Icarus Shepherd he was just saying he said lollipops we all know he meant laptops lol. But at the end of the day we’re in economics together

    • @icarusshepherd1724
      @icarusshepherd1724 4 ปีที่แล้ว +2

      @@connormueller6529 lol yeah i was kinda confused just to clarify

  • @evogenmarketing
    @evogenmarketing 5 ปีที่แล้ว

    super helpful, much more simplified and right to the point with detailed instructions love what you are doing. Keep it up!!

  • @eylulwantsomemore
    @eylulwantsomemore หลายเดือนก่อน

    i dont know what would i do without you

  • @Noname-177
    @Noname-177 2 ปีที่แล้ว

    My teacher tried explaining comparative advantage and I couldn’t understand it until you explained it. THANK YOU

  • @esmeevestjens9456
    @esmeevestjens9456 6 ปีที่แล้ว +1

    Thank you so much for this video sir! I finally understand how to calculate this.

  • @aqsashahzad4810
    @aqsashahzad4810 2 ปีที่แล้ว

    THANKS SO MUCH! LOVED THE EXPLANATION AND THE PRACTICE PROBLEMS AT THE END!!

  • @mr.bright1421
    @mr.bright1421 2 ปีที่แล้ว

    Hey Jacob, this is so helpful. Thank you for making comparative advantage more easy for me....appreciate it!!!

  • @masibulelesani3205
    @masibulelesani3205 6 ปีที่แล้ว

    you deserve a Nobel prize!

  • @cmwooley
    @cmwooley 5 ปีที่แล้ว +3

    This is helpful! Im taking an online microeconomics class for my college and this is honestly my only resource for help, so thank you!

  • @theservantsjournal
    @theservantsjournal 4 ปีที่แล้ว

    He makes the concept more fun by adding memes etc to the video.

  • @stephaniecleal4507
    @stephaniecleal4507 3 ปีที่แล้ว

    wow... thank you, this video is great. I have a final exam next week and your videos and the packet have been very helpful.

  • @carlsonanim7286
    @carlsonanim7286 4 ปีที่แล้ว

    woww oh my God, you made it so easy to understand the concepts than my lecturers and the numerous illustrative text books i read just trying to understand the term. Thanks so much Sir.

  • @alainmuendo6879
    @alainmuendo6879 3 ปีที่แล้ว

    This is super helpful you made finals preparation easy- Thanks