Hey, Jason. I'm in my first year of economics and finding it hard to keep up. Thanks so much for giving up your time to help people like me, I really appreciate it.
for years I have struggled to understand the concept of scarcity, choice and opportunity cost with reference to the PPF but to no avail. thanks to your site, I now understand it clearly and would love to have a lot of videos from you.
Just click the on my name and then click the "subscribe" button! If you then follow the link to "playlists" from my channel page you can see all my units of study with videos organized in the order they should be watched.
I have exam after 2 hours and I hope everything will be ok ! Btw, Thanks ! I didnt want to read a chapter about scarcity; so, I just watched this video and I found it very helpful .
Please Mr Jason, could you explain explicit cost, implicit cost, economic profit, accounting profit, and normal profit? 🙏🙏🙏😍😍🌿🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻 Thanks a lot for your epic and beneficial videos.🙏🙏🥰🥰
Michael sometimes the truth hurts. A lot of people would like to live in a world without the implications of what is explained here. Thus the now 36 thumbs down. (I agree, they are stupid)
Conservative Catholic so in your head an imaginary group of people who decide to... disregard basic economics entirely have now also decided to... go around youtube disliking videos about basic economics?
Thanks a lot for making it so easy to understand for a medical student without any knowledge about economics.....Wish you could have done all my medicine subjects as easy as this one.....
Can someone please explain food vs fuel issue and how the concept of opportunity cost might be used to explain the trade-offs as they effect government, farmers and consumers. (Related to food vs fuel)
Printing money reduces the value of money already in circulation. It has been tried in the US in the 70's and, to catastrophic effects in German in the 20's. In 1921, the Mark had a rate of 60-1 to the Dollar. A few years later, it was over 4 trillion marks to 1 dollar.
For foreign studenten? ? You speak very much too fast.Easy go, my man as if you want to run away because someone wants to attack you! Slow down, my man.Please Slowly. Because you are such a great teacher!!
Yahye Amaanat it’s not necessarily about what you decide to do. Rather it is about your options and the possibilities. It is a graphical representation of the consequences of your choice of how much to work and play - the opportunity costs of these decisions.
i learned more in 14 min than i did a 2hr lecture, thank you for this helpful video!
me too
But is it useful?
Thanks, this video worth to watch due to scarcity of time
I WAS SURE SOMEONE WOULD MAKE THAT JOKE :D
Hey, Jason. I'm in my first year of economics and finding it hard to keep up. Thanks so much for giving up your time to help people like me, I really appreciate it.
for years I have struggled to understand the concept of scarcity, choice and opportunity cost with reference to the PPF but to no avail. thanks to your site, I now understand it clearly and would love to have a lot of videos from you.
Thanks Obed! If you subscribe you can take my whole course in order from the playlists! th-cam.com/users/jasonwelker
I enjoy your videos honestly
get me the guidelines subscribe please
Just click the on my name and then click the "subscribe" button! If you then follow the link to "playlists" from my channel page you can see all my units of study with videos organized in the order they should be watched.
Awesome lesson! Such clarity and an excellent teaching method. thank you for simplifying!!!
Thank you for explaining this in 14 minutes you just saved me a month of studying not that im complaining about studying
Hey Jason , thanks so much for your lecture, you are really good at bringing your message across, i really enjoy your teachings, keep it up!
I am very delight to learn quickly from your respected lectures, Thank you very much.
Many thx for those great videos, would you please share the application you used for drawing and sharing those notes
Just started my economics 101 class for personal knowledge. People don't realize that economics affects every aspect of our lives.
I learned more than I was expecting, really pleased with the definitions ; they are helpful.
I have exam after 2 hours and I hope everything will be ok !
Btw, Thanks ! I didnt want to read a chapter about scarcity; so, I just watched this video and I found it very helpful .
Thanks so much for this video. I've learned so much in this small amount of time than I have in 2 weeks 👏🏾👏🏾👏🏾
Great lecture! very informative and inspiring,thanks.
Excellent teaching.But how does a person use this O.C.in production or business.You are a great teacher.
This is best channel ever.Can't stoping myself learning:
Your video just made it look so easy to me. Thank you so much.
Well explained. I do the same example in my economics class
Hey Jason , It was really worth watching . Well explained . Thank you very much :)
thank you so much for this explanation, it was the best so far from all that I hv been watching from others trying to explain
economic problem: unlimited wants, limited resources
How do you know what to put on the x axis and what to put on the y-axis?
Your videos are going to help me pass my economics class!!
Best video, more informative and clearly explained .
Please Mr Jason, could you explain explicit cost, implicit cost, economic profit, accounting profit, and normal profit?
🙏🙏🙏😍😍🌿🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻
Thanks a lot for your epic and beneficial videos.🙏🙏🥰🥰
Thank you so much I learned a lot.....
So easy to understand! Thank you! I wish my textbooks were this easy to understand.
I am wondering, which software / online tool do you use in your demonstration?
such a helpful video! Great lesson! 👍👍
I love the K-I-S-S teaching method. Thank you very much! As for the 13 thunbs down ... I don't understand them at all.
Michael sometimes the truth hurts. A lot of people would like to live in a world without the implications of what is explained here. Thus the now 36 thumbs down. (I agree, they are stupid)
Conservative Catholic so in your head an imaginary group of people who decide to... disregard basic economics entirely have now also decided to... go around youtube disliking videos about basic economics?
Thanks a lot for making it so easy to understand for a medical student without any knowledge about economics.....Wish you could have done all my medicine subjects as easy as this one.....
Worth watching it!!
You are my savior man. Saved me so much time on my exonomics homework! Thanks :)
Thanks king of the economics
excellent video
This helped me so much before my exams
Thanks, I learned a lot! Your explanation is very clear 😊
thanks! you helped me understand way better than my professor did!
What Matters Is The Use Plans for Reserves & Ineffienciencies That Contribute To Scarcity Issues
Can someone please explain food vs fuel issue and how the concept of opportunity cost might be used to explain the trade-offs as they effect government, farmers and consumers. (Related to food vs fuel)
Imagine being in school for a year, Imagine studying something for 2 weeks but ended up knowing more in 14 minutes..
School is such a waste of time!
2019 ...thanks for the best explanation
thanks Jason i really enjoyed this video and i understand now the ppc.please do more videos on other topics
Informative thank you so much
Printing money reduces the value of money already in circulation. It has been tried in the US in the 70's and, to catastrophic effects in German in the 20's. In 1921, the Mark had a rate of 60-1 to the Dollar. A few years later, it was over 4 trillion marks to 1 dollar.
Helpful 👏👏
Thank you.
this is the best explanation i have ever heard, amazing work done.......very useful.
Thank you very much for uploading.......
Thank you 😊
Thank you very much.
you bring this over very clear.
Thank you so much. You explained this really well
Great video! Helped me a lot.
Economics made simple, thank you much
thank you very much i have a awful teacher and im so confused but your vid helped me alot.
Very usefull.
Amazing lecture! Thank you very much.
Excellent presentations particularly for students.
Thank You Master! It was great!
Very nice example!
Thank you. So clear!
Awesome lecture
This video really helped! Thank you so much!
Thank you so much it really helped a lott😀😀
Great video, thanks a million
amazing way to explain, Thanks :)
really good video
Worth watching
Awesome lecture!
very helpful. Thank you.
thanks so much, really helped!
Thanks!
you are great sir
OMG Thank you!
For foreign studenten? ?
You speak very much too fast.Easy go, my man as if you want to run away because someone wants to attack you! Slow down, my man.Please Slowly.
Because you are such a
great teacher!!
excellent vid
thanks
Thank you. Really helpful :)
Thank You !
why isn't the production possibilities CURVE a curve??
whats the song called?
+Setareh Pirmorad brad sucks - making me nervous
Thank u so much
Came for economics homework, stayed for intro music.
Thank you :)
wat song is in the intro??
+Astitwa Adhikari brad sucks - making me nervous
Thanks :)
best !
was good but example of ppc should have been on economy
You're doing god's work.
haram delete this comment
bro i amtelling u so u dont enter hell pls bro delete the comment or edit it
sick vid dude
Then what You decide to do work or play ? I don't understand
Yahye Amaanat it’s not necessarily about what you decide to do. Rather it is about your options and the possibilities. It is a graphical representation of the consequences of your choice of how much to work and play - the opportunity costs of these decisions.
I'm here the Friday before I go back to school cramming for my AP econ summer homework. anyone else?
thx
Wow
Greetings, Mr. Crotty.
Greetings, Classmates.
shiiiit dat music fire af
That why all now are in deep st. All wants infinity but not as an ought.
pphs
WHAT'S UP U S T !!!!!
Hola jijiji
you are great sir
Thanks!