Supply and demand in 8 minutes

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  • เผยแพร่เมื่อ 16 ม.ค. 2025

ความคิดเห็น • 449

  • @dylanleehobson6906
    @dylanleehobson6906 2 ปีที่แล้ว +1123

    These 8 minutes have been more beneficial than 4 weeks at my college.

  • @kyleighoster2668
    @kyleighoster2668 3 หลายเดือนก่อน +65

    i learned more in this 8 minute video than i’ve learned in class the past month, thank you for giving me some faith in myself for my exam today

  • @zoeybella234
    @zoeybella234 2 ปีที่แล้ว +137

    Thank you so much Jacob Clifford. your lessons are brilliant and saved me so much time on my assignments. I also have a much better understanding of business due to your excellent teaching style. Wish you were all of my lecturers. Thank you xx

  • @wrog13
    @wrog13 2 ปีที่แล้ว +47

    This man is really pedagogical to teach, I've learn more with this videos than in one period of university. Thanks.

    • @ugnevicinaite
      @ugnevicinaite ปีที่แล้ว +3

      what are you studying in uni?

    • @RJchaotic
      @RJchaotic หลายเดือนก่อน

      Sex​@@ugnevicinaite

  • @johnakl018
    @johnakl018 3 หลายเดือนก่อน +6

    You have singlehandedly explained this better in 8 minutes than what the Dr at my uni has in 2 weeks.

  • @oliviarogers1169
    @oliviarogers1169 2 ปีที่แล้ว +10

    Mr. Clifford helped me get through my MBA microeconomics course! Fun and interesting- one of the best teachers I have ever seen!! I cannot say thank you enough! BUY THE REVIEW PACKET!

  • @TheBlackKakashi
    @TheBlackKakashi 2 ปีที่แล้ว +143

    You've made me talk more about economics than my current teacher ever has

  • @sherylfrancis4163
    @sherylfrancis4163 2 ปีที่แล้ว +38

    Thank Jacob I was really struggling to understand supply and demand curves applications your video was so refreshing it breaks it down to its small detail whereby I could understand It. For two weeks I was trying to get the concept through reading my text book watching countless videos all of them just confused me even further I so happen to see your title 8 minutes you can learn about supply and demand and I was about to ignore it, I said another person just saying this because the want you to click on their video well you proved me wrong it did exactly what you set up to achieve. Now I can approach my homework with more confidence that is due tomorrow.
    Now you have me falling in love with economic. Thank Jacob.

  • @giulianascigliano7743
    @giulianascigliano7743 ปีที่แล้ว +5

    You have no idea how thankful I am for the effectiveness of this video

  • @bibianmagona3676
    @bibianmagona3676 ปีที่แล้ว +5

    As a social work student doing microeconomics module...This has helped me a lot.. imagine i don't have any background of economics nor any commercials subjects ..i really appreciate 🙏

  • @dianeprior4163
    @dianeprior4163 3 ปีที่แล้ว +33

    As a teacher of economics, I think Jacob's passion and enthusiasm alone make him in high demand!! You are a great compliment to my own classroom!

  • @abdulsamihashemi6821
    @abdulsamihashemi6821 3 ปีที่แล้ว +455

    Love from Afghanistan, the saddest country in the world. But one of your loyal students for ever sir .love you.... .

    • @Commander6444
      @Commander6444 3 ปีที่แล้ว +50

      Love back from Canada. Please stay safe.

    • @sadmansakib569
      @sadmansakib569 3 ปีที่แล้ว +1

      Secular?

    • @soumyaneelmanna3097
      @soumyaneelmanna3097 3 ปีที่แล้ว +7

      1. Study Economics
      2. Infiltrate Taliban
      3. Manipulate them to adopt secular/liberal economic policies for more money
      4. Liberalize the country by 2-3 generations
      5. Profit

    • @caseyjames6800
      @caseyjames6800 3 ปีที่แล้ว +12

      Stay safe man

    • @hetaeramancer
      @hetaeramancer 2 ปีที่แล้ว

      @@Shivdadarwal i thought indians hate muslims, theyre racist too right?

  • @vitali6137
    @vitali6137 ปีที่แล้ว +1

    Let’s face it no one cares about supply , demand and all this jazz . Unless you’re studying and then your content is GOLD!!!!
    Thank you wise man.

  • @johnm_o_
    @johnm_o_ ปีที่แล้ว +33

    I spent 3 hours watching and taking notes on an Econ lecture yesterday. Your video taught me more in 8 minutes! You should have a tip option on your channel. You deserve it lol

  • @anishgokhale92
    @anishgokhale92 ปีที่แล้ว +9

    You sir, are a lifesaver. I am struggling at microeconomics at my college, and this channel has been such a huge help. Thank you very much and god bless you :)

  • @mahendrakapady4482
    @mahendrakapady4482 6 หลายเดือนก่อน +2

    I was seeing professor slides for more than 2 hours, this video made things clear for me in less than 10 mins. Good work Jacob. You are too good in explainng things at fast pace as well.

  • @taliesinmusic
    @taliesinmusic 2 ปีที่แล้ว +1

    3:41 in, this is the best video yet Iv'e watched about the topic. only thing i'd adjust so far, is explicitly state that supply regards PRODUCERS, and demand regards CONSUMERS, even though it seems obvious.
    This therefore assumes there is a middle man.

  • @abinandhc3865
    @abinandhc3865 2 ปีที่แล้ว +40

    You prepared me for the test in 8 minutes....wow ! keep up the good work !

  • @empresscarrot5417
    @empresscarrot5417 ปีที่แล้ว +4

    You're an amazing teacher. I've been watching your videos since I was in college. Now I'm taking my masters degree and your video is still very helpful to me. You explain in a fun and easy to understand way :)

  • @4KFILMshorts
    @4KFILMshorts ปีที่แล้ว +2

    Love from Bangladesh. Thank you for your 8 Minutes that was more beneficial than 6 hours class of my University.

  • @asmarlitvinjabarova4122
    @asmarlitvinjabarova4122 3 ปีที่แล้ว +179

    The best teacher on the entire planet and in history

  • @Jacob-fw4ve
    @Jacob-fw4ve ปีที่แล้ว +4

    You’re a fantastic instructor and video creator. Thanks Mr. Clifford!

  • @MLBBTOPLAYS
    @MLBBTOPLAYS 2 ปีที่แล้ว +9

    Hello jacob! I really want to say thank you very much from the bottom of my heart. ❤ I am so happy that i watched your videos. Our board exam just ended yesterday and economics was included. I was frustrated that i don't have time to study econ and just keep watching all your videos, and i really nailed it yesterday specially on macro ❤ so thank you!

  • @XiaoWei-mp4vh
    @XiaoWei-mp4vh 5 หลายเดือนก่อน +1

    Thank you sir. I'd never been to eco but since I had to learn it as minor subject, my brain couldn't keep it together and had no idea what's happening due to teacher's Malaysian accent and vast magnifying until i see your video here.

  • @simonibarnard5497
    @simonibarnard5497 2 ปีที่แล้ว +2

    thank you so much. this is the night before 3 big exams and i had no clue what was going on. you saved a life today

  • @udon_tur
    @udon_tur 2 หลายเดือนก่อน

    This 8 minutes taught me more content than 1 week in high school. Thank you Jacob!

  • @sethhhh
    @sethhhh ปีที่แล้ว +3

    law demand > menunjukkan hubungan terbalik atau inverse relationship antara harga dan kuantitas yg ditawarkan dan mampu dibeli konsumen, saat harga naik jumlah barang yg diminta turun dan saat harga turun jumlah barang yg diminta tinggi
    there's three reasons for the law demand
    1. susbtitution effect barang pengganti > menggerakkan kurva
    2. pendapatan
    3. law of diminishing marginal utility

  • @rebirthed1274
    @rebirthed1274 3 ปีที่แล้ว +5

    Am glad you still.around...was watching your video from 6 years ago and praying that you still.posting.yeey😄

  • @ornobbaba
    @ornobbaba 3 หลายเดือนก่อน +6

    i learned something in 8mins that i couldnt learned in 8weeks in college.

  • @SiddheshPande24
    @SiddheshPande24 3 หลายเดือนก่อน +1

    Thanks for this amazing video. I was so confused regarding the demand and supply curves but I got a proper understanding of the concepts after watching the video

  • @joshuajooste2431
    @joshuajooste2431 4 หลายเดือนก่อน

    Thanks for these useful videos it really helps when a person feels like they lost in their modules and then come across your videos to know it is possible through hard work and dedication through your videos that we can begin to understand these concepts in economics

  • @CK326
    @CK326 2 หลายเดือนก่อน +3

    trying to clutch out that test tomorrow Ty 🙏

  • @abdinasirnunimohamed3990
    @abdinasirnunimohamed3990 2 ปีที่แล้ว +6

    This is perfect explanation of supply and demand.

  • @eaintyoonthu5547
    @eaintyoonthu5547 3 ปีที่แล้ว +8

    i think he just saved my life

  • @xhachiesoliezy8989
    @xhachiesoliezy8989 4 หลายเดือนก่อน +2

    I was biased with economic but after watching this have changed my mind 😊❤thank you so much.

  • @nivneedscoffee
    @nivneedscoffee 3 ปีที่แล้ว +9

    Self studied for AP Micro and couldn't have done it without Mr. Clifford! Thank you so much :)

  • @Whitebear373
    @Whitebear373 29 วันที่ผ่านมา

    Having mid terms at 8pm today, thank you sooo much, legit dont understand why my uni makes 2 hour long class time when 8 minutes is already enough to understand everything. No joke but after 1 hour no one even focus in class, even if you try, nothing is going in. It’s wasting the teachers and students time because we dont learn anything and just suffer from information overload

  • @aaronbdeleon2
    @aaronbdeleon2 3 หลายเดือนก่อน +1

    bro is saving my microeconomics grade

  • @theflashclashroyale1245
    @theflashclashroyale1245 3 ปีที่แล้ว +5

    Mr. Clifford is awesome! My school did a block schedule and so I had to learn Micro + Macro in a span of 3.5 months. Mr. Clifford hard carried me through it all, and helped me get me a 4 and 3 on the AP Tests!

  • @shadow_lord7771
    @shadow_lord7771 หลายเดือนก่อน +2

    I've learned more from this than the past year

  • @jennashaw9572
    @jennashaw9572 10 หลายเดือนก่อน +12

    My test is tomorrow and now I suddenly understand

    • @JacobAClifford
      @JacobAClifford  10 หลายเดือนก่อน +1

      Awesome! I'm glad I can help. Good luck!

  • @coolestsnowflake
    @coolestsnowflake 6 หลายเดือนก่อน +3

    i passed my commerce test cuz of u thanks bae

  • @margarethaines9310
    @margarethaines9310 3 ปีที่แล้ว +18

    Great video to review Supply and Demand prior to a test! Will definitely make these concepts memorable to students who have had some "hands on" experience with these concepts prior viewing. Thank you for updating your videos!!!

  • @queenofcrowleys
    @queenofcrowleys 2 ปีที่แล้ว +3

    economics quiz tomorrow. this made the lessons so much clearer. thank you!

    • @Big_body_bitch_with_an_opinion
      @Big_body_bitch_with_an_opinion 2 ปีที่แล้ว +1

      My econ final is in 3 hours good luck bro !!

    • @queenofcrowleys
      @queenofcrowleys 2 ปีที่แล้ว

      @@Big_body_bitch_with_an_opinion how was it? i aced mine! ;)

    • @Big_body_bitch_with_an_opinion
      @Big_body_bitch_with_an_opinion 2 ปีที่แล้ว +1

      @@queenofcrowleys i haven’t gotten my results yet but I’m pretty sure I did well I’m still super nervous about it tho😩 and congrats bro!!!

    • @queenofcrowleys
      @queenofcrowleys 2 ปีที่แล้ว

      @@Big_body_bitch_with_an_opinion goodluck! im sure you aced it too! congrats in advance!

  • @CrescentKnowledge
    @CrescentKnowledge 2 หลายเดือนก่อน

    These 8 minutes helps me alot Thanks Dear sir from Pakistan

  • @PaulineLewis-k1t
    @PaulineLewis-k1t 2 หลายเดือนก่อน +1

    I have learnt more in this 8 minutes better than I have in the last 2 terms 😮❤

  • @tangir_
    @tangir_ 8 หลายเดือนก่อน +12

    my economics exam in 40 minutes

  • @Estudo-slaoq
    @Estudo-slaoq 2 หลายเดือนก่อน

    Thank you for this masterpiece of a video, professor. Much love from Brazil

  • @Normalperson007
    @Normalperson007 ปีที่แล้ว +1

    For the longest time I had the misconception that the higher the quantity supplied, the higher the COST needed to produce all those goods. (3:24) Hearing this explained in the perspective of the seller wanting to produce more quantity if the price is higher to make profit makes more sense. I guess I'm just awake this time or something but it clicked and I finally realized that it's PRICE to Quantity not Cost to Quantity.

  • @malkiadebbie
    @malkiadebbie ปีที่แล้ว +3

    “Puts pen and paper back in bag” yes sir

  • @TimidDreams
    @TimidDreams 3 หลายเดือนก่อน +3

    you literally did more for me in 8 minutes than my professor in a month

  • @vintun9623
    @vintun9623 3 ปีที่แล้ว +13

    Thank you so much, I have a test tomorrow and I only watched like 10 of your videos and I think I'm ready for it. Keep uploading you've got some viewers like me! :)

  • @SashaOnwumelu
    @SashaOnwumelu 2 หลายเดือนก่อน +1

    thanks for the knowledge best teacher i understood more here than in class

  • @WenlinZheng
    @WenlinZheng 3 หลายเดือนก่อน +1

    Thank you so much for this midterm-saving video!!

  • @missadilaa-871
    @missadilaa-871 ปีที่แล้ว

    Best channnel ever thank you literally a life saver ❤

  • @krishnakishan1567
    @krishnakishan1567 7 หลายเดือนก่อน +2

    Hat's off ❤❤❤❤❤❤❤❤

  • @mimiudo_
    @mimiudo_ 11 หลายเดือนก่อน

    Literally came to TH-cam for last minutes revision and saw this video. Really helpful
    Thank you so muchhhh❤

  • @MasC_1998
    @MasC_1998 27 วันที่ผ่านมา +1

    December 20th 2024, i am saying this, that this channel is criminally underrated 😮‍💨

  • @HCYOOJIMIN
    @HCYOOJIMIN 6 หลายเดือนก่อน

    Thank you so much these 8 minutes taught me what i would lean in an hour and still not understanding again thank you

  • @Angela-dt1me
    @Angela-dt1me 3 หลายเดือนก่อน +1

    Happy teacher Day Sir 🎉

  • @muzammilrizvi6424
    @muzammilrizvi6424 7 หลายเดือนก่อน

    Good to see you again, you change a lot but your teaching style as effective as before

  • @JasperConway-u5v
    @JasperConway-u5v ปีที่แล้ว

    so much better than my teacher, btw, i only came to this channel because my teacher put some of your videos on in my class

  • @xavierjones9804
    @xavierjones9804 3 ปีที่แล้ว +13

    Big bro came back as soon as the semester started. I'm in my third year as an econ major. Your videos has helped me so much.

  • @Myspace1986
    @Myspace1986 3 ปีที่แล้ว +4

    1:40 was an absolute light bulb moment. Why it took me so long I'm not sure lol but thank you!

  • @glendacortes9497
    @glendacortes9497 ปีที่แล้ว

    I've always struggled with microeconomics and macroeconomics. Your video is very helpful.

  • @zyyy8973
    @zyyy8973 ปีที่แล้ว +2

    Thank you so much Sir
    Love from Bharat (India) ❤️

  • @ArntBhoneMyint
    @ArntBhoneMyint หลายเดือนก่อน

    I'm in both Micro and Macro Classes, so thank you so much. I'm gonna have to survive this term with your channel

  • @Thatmattdoe
    @Thatmattdoe 3 หลายเดือนก่อน

    What a great video. I'm currently taking microeconomics and this video surely help me clarify some stuff. Thanks for posting man!!

  • @roderickmacteine
    @roderickmacteine ปีที่แล้ว +1

    You Sir, just saved my life. Thank you🤜🏾🤛🏾

  • @habiodunidrees6425
    @habiodunidrees6425 ปีที่แล้ว

    Wow, so good and sound teaching.

  • @thatdayumnguy
    @thatdayumnguy 3 หลายเดือนก่อน +7

    now i want ice cream

  • @hawkyt5650
    @hawkyt5650 2 หลายเดือนก่อน

    Love from india sir what a great explanation and it was easy too to understand 🎉❤

  • @royvincenttrani
    @royvincenttrani 3 ปีที่แล้ว +23

    Thank you for this - currently using supply and demand to understand the market forces that impact housing prices and development

  • @souadelhad1672
    @souadelhad1672 5 หลายเดือนก่อน

    oh I m lucky to see this pedagogy teacher ❤❤😊😊😊

  • @Phoenix-np1iu
    @Phoenix-np1iu 3 หลายเดือนก่อน +2

    I am someone who really usually needs in person learning but honestly... the opportunity cost of attending this class is getting high.

  • @nomsandlovu6332
    @nomsandlovu6332 ปีที่แล้ว

    Yu are my new lecturer l understood everything perfectly

  • @unknown36556
    @unknown36556 ปีที่แล้ว

    i never understood the price changes, but you made everything clear now, tysm

  • @tara-fz4st
    @tara-fz4st ปีที่แล้ว

    watching this the night before my exam after taking classes related to economics for 2 years lmaooo a life saver

  • @adamnanney4952
    @adamnanney4952 ปีที่แล้ว +1

    @ 4:03 unless its the ice cream machine at mcdonalds, then forget about any ice cream.

  • @ImbaJolenePaulus
    @ImbaJolenePaulus 2 หลายเดือนก่อน +1

    Good explanation ever!!

  • @Stupidworld888
    @Stupidworld888 ปีที่แล้ว +1

    Thankyou sir i didn't understand my classes well so i came checking any good classes on youtube after reading notes and coming to your class it totally boosted my confidence 🙏👌✌
    it's not good its just an amazing class

  • @allihawawu9740
    @allihawawu9740 3 ปีที่แล้ว +3

    Thank you so much for your videos
    Can't wait for more

  • @Enriqueptz2004
    @Enriqueptz2004 ปีที่แล้ว

    microeconomics midterm in 2 hours this really helped

  • @ajaydeepak5815
    @ajaydeepak5815 ปีที่แล้ว

    awesome content came here to learn for an assessment 8 minutes had ton of information will watch videos as well.

  • @sangyayogi6873
    @sangyayogi6873 3 ปีที่แล้ว +4

    I recently passed my CLEP test and I am so thankful to you. The ultimate review packet is totally worth it. I can not even say enough how good are your videos are. Thank you!!

  • @AhmedYusuf-mw7bh
    @AhmedYusuf-mw7bh 2 หลายเดือนก่อน +1

    Very useful

  • @fatimaalbusaidi581
    @fatimaalbusaidi581 3 ปีที่แล้ว +2

    Saying thank u for all of this amazing explanation is not enough
    .

  • @ThayaneTonizza
    @ThayaneTonizza ปีที่แล้ว +1

    Excellent video, easy to understand. Thank you for sharing this with us.

  • @nsrttv1333
    @nsrttv1333 ปีที่แล้ว +1

    sir thank you for everything I understood everything well with u otherwise I couldn’t

  • @duwateveruwant
    @duwateveruwant 2 หลายเดือนก่อน

    Love from Taiwan NCCU,your video indeed very helpful!!!

  • @parikshitsharma7328
    @parikshitsharma7328 2 ปีที่แล้ว

    I knew about this in detail already, this just jogged the memories, good work

  • @sama5234
    @sama5234 2 ปีที่แล้ว +1

    You made this so easy to understand, thanks!

  • @thanatos3027
    @thanatos3027 ปีที่แล้ว

    Sir saved me some precious time. Thank you very much!!

  • @Elsiedevan11
    @Elsiedevan11 3 ปีที่แล้ว +2

    Thank you Mr Clifford!! So so helpful!

  • @HarshitaSolanky-bc1yf
    @HarshitaSolanky-bc1yf 10 หลายเดือนก่อน

    ya all I spent a month in school with full focus and attention only to get fail marks in the mock exam
    then there is this who just comes into my life like a genie and I wish to be an economic expert and he just says wish granted

  • @JossinJax
    @JossinJax ปีที่แล้ว +1

    Hi! Quick question: the left and right shifts seems to have a vertical element…is this so that it can fit on the graph or is it accurate? For example supply left shifts @4:15 due to taxes. Is that left and up? Also, I was trying to show my roommate how the supply of iPhones would drastically lower should all manufacturing be brought to the U.S. due to the astronomical rise of labor costs. How would that fit here? A shift to the left under price of resources?

  • @farzan1127
    @farzan1127 13 วันที่ผ่านมา

    damn this makes so much sense now wish i found this earlier

  • @juliashulias8359
    @juliashulias8359 3 ปีที่แล้ว

    you just saved my exam tomorrow!!!!!!!! thanxxxx

  • @ParamVaishya
    @ParamVaishya ปีที่แล้ว

    Thanks bro, this is helping me prepare for my FBLA exam