Monopolistic Competition- Short Run and Long Run- Micro 4.4

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  • Опубликовано: 26 авг 2024

Комментарии • 508

  • @victoriakhammar7004
    @victoriakhammar7004 5 лет назад +268

    My professor for micro econ is god awful and I have to self-teach myself basically. I truly appreciate these videos, they help clarify my textbook.

    • @drugsdoer
      @drugsdoer 6 месяцев назад

      was your prof adomait

    • @mpbaird
      @mpbaird 5 месяцев назад

      Was your professor what?
      @@drugsdoer

    • @Literallyarealhuman
      @Literallyarealhuman 4 месяца назад +1

      You should try doing your homework. It might help or reading ahead before the class. That’s the only way that lectures work properly.

  • @shadybaby5309
    @shadybaby5309 8 лет назад +331

    It was 3 am when I opened this video and you scared me when you said "hey"😂😂😂

  • @gracesze2814
    @gracesze2814 9 лет назад +134

    41 minutes of class compressed into 2. Thank you!!

    • @gollavillihari2516
      @gollavillihari2516 4 года назад +8

      You could understand this only because you have listened the 41 min class. And your mind thinks that it understand by watching this video. Try the topic which completely new to you. You cant

    • @nottherealben
      @nottherealben 4 года назад +6

      @@gollavillihari2516 Works for me and I don't have a class lmao

    • @nikhilkundu6138
      @nikhilkundu6138 4 года назад +2

      @@gollavillihari2516 first time i'm learning about monopolistic competition and everything is crystal clear to me. Thanks Mr. Clifford!

    • @lorenzorichards7093
      @lorenzorichards7093 3 года назад +2

      @@gollavillihari2516 made her look like a dumbass 😂💀

    • @User-l3u6m
      @User-l3u6m 2 года назад +1

      @@gollavillihari2516 Some people just have this mindset lol

  • @willthomas996
    @willthomas996 8 лет назад +354

    these are so much more useful than my university lectures!

  • @puiachhangte1353
    @puiachhangte1353 2 года назад +26

    0.75x try this guys

    • @farhanekhtiar8385
      @farhanekhtiar8385 3 месяца назад +4

      Im using 1.75

    • @3nslaved_
      @3nslaved_ 2 месяца назад +3

      @@farhanekhtiar8385😂😂😂 is the test in 1 hour?

  • @iamyoursunny
    @iamyoursunny 2 года назад +7

    I studied these contents when I was an undergraduate student. And I am studying them for my master's degree again, meaning I've seen quite lots of professors. I won't say my previous professors were bad at teaching but I bet you are the best professor who teaches the Econ in the easiest way to understand. With the same input of time, your explanation is most clear and understandable compared to other professors. I sincerely appreciate it.

  • @cutiekabe21
    @cutiekabe21 8 лет назад +41

    I learnt more in 2 mins than I did in 1 hr! Thank you!!!

  • @prajeshu9451
    @prajeshu9451 2 года назад +1

    You will be the reason for me to pass my Managerial Economics Exam tomorrow.

  • @carterolson1627
    @carterolson1627 8 лет назад +28

    I really enjoy how you don't over explain things, like many other educational videos do. I like the speed. keep it up!

  • @tiamoirowe9323
    @tiamoirowe9323 7 лет назад +22

    It's not even debatable...this is where you can find the best econ teacher ever...

  • @TheLynnsepeda
    @TheLynnsepeda 6 лет назад +6

    Mr. Clifford, I'm sure you've heard it all before but you do an EXCELLENT, AMAZING, FANTASTIC job of explaining all of the concepts. Thanks to you I am able to grasps concepts that go over my head at times during class. I love that they're quick and straight forward. It's definitely an art what you do and how you explain things, again, you're amazing! Thank you for sharing your videos.

  • @TheSecksyManlady
    @TheSecksyManlady 7 лет назад +2

    You're amazing, man. I got stuck with a less-than-desirable professor and have to learn everything on my own time, and your enthusiasm along with your ways of explaining subjects are truly a gift for me and I'm sure many others. Thank you.

  • @LauraJ7713
    @LauraJ7713 8 лет назад

    I honestly thought I didn't understand managerial economics until I started watching your videos. I'm so relieved to not feel like an idiot anymore. THANK YOU!

  • @aquatraderr
    @aquatraderr 6 лет назад

    i swear your videos are so pleasing and easy to watch....you could make a person that hates economics drop whatever he's doing and just watch your vids for the sake of how fun they are

  • @kels6918
    @kels6918 8 лет назад +1

    Definite subscribe from me. I could not understand one word of my microec class until my teacher told me to come here. Thank you, Mr. Clifford!

  • @vanessamusa-aisien7137
    @vanessamusa-aisien7137 3 года назад

    The fact that you can compress what will take me 1.5hours to understand on my own into 2mins, and still have me understand it better than studying on my own, is truly a God send- Thank you so much!

  • @omadybinumady5518
    @omadybinumady5518 8 лет назад

    I wish u were my lecturer she was explaining this for more than 1 hour and I got nothing this made it simple keep up the good work man.

  • @LegenderyLdrago159
    @LegenderyLdrago159 Год назад +4

    What a legend
    Literally solved my basics for the finals tomorrow. Thank you good sir!

  • @pieceaisa5046
    @pieceaisa5046 8 месяцев назад

    i’m gonna buy the review packet just because i love you so much. i have bad attention issues so your ability to fit so much clear info in few minutes instead of 15-20 min per video is so valuable to me. and the best part is i understand it even in such short time!

  • @alexandrasnyder6228
    @alexandrasnyder6228 4 года назад +2

    thank you for saving my life my microecon final is tomorrow so now I'm binge-watching this channel

  • @Fahd_Khan
    @Fahd_Khan 7 лет назад

    thanks- i don't review my lecture notes any more- your videos do the job for me.

  • @chazrivera8263
    @chazrivera8263 8 лет назад

    Just knocked out Macro and Micro in 12 weeks over the summer. The content on these videos got me through it! The packet was on point. Consumer surplus for me was $ 10, as I would have bought it for double the price. Channel is legit!

  • @angelangelov1258
    @angelangelov1258 7 лет назад +12

    you just explained something in 2 minutes. my professor took 3 hours (a single lecture)... let that sink in for a moment

  • @anonymoussb1998
    @anonymoussb1998 9 лет назад +1

    You don't get how much I'm appreciating you right now Sir.

  • @airjordan8778
    @airjordan8778 9 лет назад +60

    I wish this guy was my professor.

  • @Ana-fe1fr
    @Ana-fe1fr 7 лет назад +284

    great videos! engaging and easy to understand. thank you!

  • @Troublemaker12341
    @Troublemaker12341 8 лет назад +104

    It would be really great of you could provide correct closed captioning for your videos so I, a deaf person, could learn from your videos.

  • @axelguillen3154
    @axelguillen3154 2 года назад +1

    Hey man I rlly wanna thank you for making these videos, it really touches my heart and I get through everyday watching these videos. It helps my depression whenever I watch your economic knowledge splatting all over my brain. Thank you so much

  • @wanggang6969
    @wanggang6969 8 лет назад +5

    You really have stepped it up since our first videos. Thousands of college students pray to your shine every semester before their dreaded Micro/Macro tests. You are our savior.

  • @tiffanyzhang659
    @tiffanyzhang659 6 месяцев назад +1

    thank you for making the sound effects at 1:40 so loud im studying for my unit test last minute and i fell asleep while watching the videos and thankfully the sound effects woke me up back LOL

  • @dimafromchristianpara3537
    @dimafromchristianpara3537 4 года назад +1

    This guy just made economics intresting. Me, when studying economics I either, try to crack my head open or I fall asleep.
    Great vid.

  • @williamshaw876
    @williamshaw876 3 года назад +1

    I'm an MBA student and find these tutorials genuinely superb. Thank you.

  • @irinamerc5429
    @irinamerc5429 9 лет назад +1

    Thanks so much. My lecturer is pretty good but because of the limit in class time she tends to speed through things. These videos are a great refresher

  • @phillieman100
    @phillieman100 7 лет назад +4

    I always watch your videos the night before an AP Micro test/quiz and i always do well on them thanks to you!

  • @alexandermcbride2943
    @alexandermcbride2943 4 года назад +6

    your "hey" in the beginning just made me jump lmao

  • @kriti3011
    @kriti3011 8 лет назад +3

    You are such a blessing for me sir. Love the way you do it everytime, in just 2 mins. Awesome. Great Clarity in just 2 mins!

    • @JacobAClifford
      @JacobAClifford  8 лет назад +1

      +Kriti Khanna I'm glad I was able to help Kriti

  • @Nigarj
    @Nigarj 6 лет назад

    Bless you. I will pass my finals because of you. My mirco econ teacher left half way through the course and the new one is .... Something else.

  • @thomaspothet344
    @thomaspothet344 8 лет назад +1

    Interesting video, thanks, really helpfull. The way you explain the lesson is amazing, in only 2 minutes you explained something my teachers use to take hours to explain it.

    • @JacobAClifford
      @JacobAClifford  8 лет назад +1

      +Thomas Pothet Thanks Thomas. Make sure to subscribe and tell your friends:)

  • @mayankrai3252
    @mayankrai3252 6 лет назад +1

    Thanks Clifford sir. last night prep from the scratch still feeling like a champion

  • @robjacobs9653
    @robjacobs9653 2 года назад

    Mr. Clifford is my hero. I'm taking Freshman Micro Economics along side my son and I couldn't do it without Mr. Clifford. The only thing I don't like is ACDC, I'm 65 so my music is Linda Ronstadt and Jackson Browne and The Allman Brothers Band - but putting up with ACDC is worth it to learn from Mr. Clifford ;)

  • @anemedetn
    @anemedetn Год назад

    That dramatic replay took me by welcome surprise 😂

  • @deonlee1035
    @deonlee1035 6 лет назад

    Thank you so much Mr. Clifford! 4 minutes of your videos can be worth a 1 hour lecture

  • @md06783
    @md06783 Год назад

    I've said it once and I've said it through my entire semester - YOU ARE AWESOME MR CLIFFORD!!

  • @Musa.skylander
    @Musa.skylander 5 лет назад

    You the best helped me get through eco for the past 2 years in high school writing my final eco exam tomorrow
    Thank you🙏🙏🙏🔥🙏🔥🙏👏🏼👏🏼👊

  • @ChristinaCalypso
    @ChristinaCalypso 8 лет назад +1

    Feeling far more confident for my econ exam tomorrow after watching your videos thank you!

  • @msk5183
    @msk5183 4 года назад

    You are really good in combining multiple concepts in one video in a short period of time.... Thankyou

  • @Sara_The_Feral_Housewife
    @Sara_The_Feral_Housewife 7 лет назад

    These are so much easier to learn from than the videos my professor assigns. Short to the point and engaging.

  • @58raza
    @58raza 6 лет назад +15

    Firms entering the new market will definitely cause the ATC to shift upward as more firms means scarce resources, eventually causing the ATC of Production to rise, hence shift upwards. Furthermore, Demand will not only shift downward but will also become MORE ELASTIC because the product differentiation will be countered due to more firms making similar products or in the EASY WAY increase in substitutes. So D falls and becomes Elastic and ATC rises, hence normal profits in the long run. Talk about External dis-economies of scale also

  • @IzZyFoRcE1
    @IzZyFoRcE1 8 лет назад +38

    *video open in another tab, volume on loud* "HEY!" Me: *jumps* JESUS CHRIST!!

    • @Vishall-
      @Vishall- 5 лет назад

      My mom was scared the hell out of her sleep at 3 am when he yelled HEY

  • @archiesomaiya
    @archiesomaiya 8 дней назад

    the dramatic replay was much needed! thank you :)

  • @jackieachermann2809
    @jackieachermann2809 7 лет назад

    I'm currently studying abroad in Zurich as a business major (Home university is in San Francisco), and these videos are saving my grades in both my Micro and Macro economics courses. Thank you for the help! The packet is fantastic for studying for finals as well!

  • @mehrigholami9790
    @mehrigholami9790 7 лет назад

    i studied the whole monopoly chapter, I couldnt get as much as I got within these 2 min , great Job

  • @Purplelasagna6754
    @Purplelasagna6754 9 лет назад +11

    Thanks a lot for taking your time to make these videos!

  • @criticuttam
    @criticuttam 7 лет назад +1

    Why? Why? Why did I not come here for the entire semester? Cheers, you legend.

  • @yudiacemiboong
    @yudiacemiboong 7 месяцев назад

    i've been in trouble because i could not understand what my lecture taught at school you help me a lot thank sooo much :

  • @karenphillips4398
    @karenphillips4398 4 года назад

    Seriously, this man is a lifesaver. PSU online Econ 102 is HARD to grasp and he breaks this down even further for anyone to understand. He is just engaging enough to where it's not overbearing and he's goofy enough so you remember his quirks.

  • @patrickdurdenman7221
    @patrickdurdenman7221 Год назад

    I absolutely agree - great explanation, back in my german school the teachers were basically narcoleptic pills and i guess still are due to the crusty system but you sir understood how to keep the listener interested that's why you deserve lots of monopolistically competitive kudos for that

  • @mrscheshirecat10
    @mrscheshirecat10 7 лет назад

    I have an exam in a few hours and these videos are really helping me study! thanks so much!!

  • @ummenazmamulla4988
    @ummenazmamulla4988 5 лет назад

    I wish I could have him as my professor!
    However he is still teaching me better than the books and the professors themselves.. I respect for the wonderful explanations, they do save your life during exams!

  • @bee-wv2jr
    @bee-wv2jr 8 месяцев назад

    superb
    i was confused wether demand fell or atc curve shifted up and this explained just that with reasoning

  • @carolinachavezlopez8820
    @carolinachavezlopez8820 9 лет назад +1

    This is better than my class in a post graduate course ... or any class in microeconomics that I ever had, thanks for doing this, teachers should go to a teacher school where someone teach them how to teach. It should be engaging fun and fast like Mr cliford!.

  • @alefiyahvahanvaty3091
    @alefiyahvahanvaty3091 4 года назад +1

    You are my savior for ECON.

  • @vukzivkovic2906
    @vukzivkovic2906 9 месяцев назад

    Mr Baretts class is rlllyyy thankful for this xx

  • @Wollumby
    @Wollumby 7 лет назад

    Thank you so much! These videos are a tremendous help towards understanding econ! We have a professor that sometimes does a poor job of explaining a topic and this is the first place I come to fill the gap.

  • @pride7416
    @pride7416 6 лет назад

    Wow I think my teacher copies all his lessons from you. He even uses the same examples with burgers and stuff LOL. You're an all around better version of him, thank you man.

  • @sarahkate246
    @sarahkate246 7 лет назад

    hey look it's my entire 2hr UNI lecture + the 2hr tutorial all summed up in 2mins

  • @SalmanKhan-oo9we
    @SalmanKhan-oo9we 4 года назад

    Wow, this guy explained the whole concept in just 2 mins.

  • @thuliswazwane1992
    @thuliswazwane1992 7 лет назад

    Just in two minutes now I understand the monopolistic competition. Thanks..lemme quickly subscribe

  • @morochos92
    @morochos92 2 года назад

    i have to say, i truly enjoy your videos, they are very through,. You tend to speak a little to fast, i usually just back it up to relisten to it, but today I slowed down the speed to 0.5, soo much better and it was funny to, cause you sound drunk at times @ that speed. tks for the info, almost sad to be almost done w/ this class. God Bless & may you cont to help tons of people.

  • @kevinmin7105
    @kevinmin7105 7 лет назад

    Whoever is studying for AP econ, Get his ultimate review packet and look at every single video online... Seriously.... It's better than any other AP prep books in Amazon

  • @zachrowell6351
    @zachrowell6351 2 года назад

    Thank you so much my professor have a horrible explanation and said that the short run was the long run, and the long run was the short run

  • @FreeBladez
    @FreeBladez 7 лет назад +41

    Wish me luck on my MicroEcon final

    • @JacobAClifford
      @JacobAClifford  7 лет назад +25

      Good luck

    • @emmarose2385
      @emmarose2385 5 лет назад +3

      good luck!! mine is tomorrow

    • @oash6041
      @oash6041 5 лет назад +2

      same here pal taking mine in 7 mins

    • @thas1227
      @thas1227 4 года назад

      HAHA Mine is tomorrow

    • @Abby_J_20
      @Abby_J_20 4 года назад

      Mine is tomorrow lol

  • @apmarkfedrbk-hubpunganur
    @apmarkfedrbk-hubpunganur Год назад

    Transfer of the most expensive wealth 🔏💯
    In ACDC 🖊️✒️by a good hearted legend🤗

  • @luthandodludla4914
    @luthandodludla4914 6 лет назад

    These videos are the best doing my final year in varsity and these videos are the only reason I'm passing

  • @tannerazm
    @tannerazm 9 лет назад

    That Dramatic Replay at 1:40... I lost it! LOL! This guy is the bomb.com (don't go to that website, might not be safe for all audiences, I really don't know). Anyways, thanks so much for the videos, watched at least 15 of them and already know 50 times more than what I used to. You rock... ACDC style!

  • @feriz_dino
    @feriz_dino 5 лет назад

    I'm very grateful when I see how you explain these microeconomics to us. Thank you very very much. ❤

  • @Naryui
    @Naryui 8 лет назад

    THESE VIDEOS ARE LIFE I HAVE A TEST TOMORROW AND I'M JUST BINGE WATCHING YOUR VIDEOS.

  • @bindutiwari1678
    @bindutiwari1678 7 лет назад

    i really dont know that economics can be such an intresting subject,,,,,,,,,,,,,,,,,,,thank u sooo much

  • @renhardhalim
    @renhardhalim 2 года назад

    Only need 2 minutes to understand this, meanwhile my teacher explained it almost 2 hours and still don't understand the curve
    Quality over Quantity, Thanks for the help

  • @ghadaalalawi4209
    @ghadaalalawi4209 4 года назад

    Thank you for the explication. For non English speakers, it is fast. Considering the topic being for beginners in economics, it is challenging to capture the information.

  • @batyrnuryyev5944
    @batyrnuryyev5944 8 лет назад

    These 2 minutes explained me what I could not understand for 2 hours lol

  • @tawnyevergreen4169
    @tawnyevergreen4169 4 года назад

    That was so quick and to the point while still explaining everything well, thank you for these videos

  • @alexhernandez1217
    @alexhernandez1217 5 лет назад

    I have an exam in 2 hours, I think you just saved my grade. Thanks!

  • @ethanpadilla7088
    @ethanpadilla7088 Год назад

    Wow. Short simple and easy to grasp. love your vids

  • @markusrak6589
    @markusrak6589 9 лет назад

    You're speaking so fast I can't get your name... but what you're saying about economics is very clear and easy to understand! :) Thank you for the great job you're doing - it's really helpful! Best regards from Poland

  • @mariemcallister2704
    @mariemcallister2704 7 лет назад

    Loved that dramatic replay, the drama lol

  • @fevzikamalov965
    @fevzikamalov965 5 лет назад

    I go to a top 20 university in the world and Clifford still teaches better than my professor.

  • @farahzeba7573
    @farahzeba7573 7 лет назад

    This was very helpful and even better than my university lectures! Thank you! -Greetings from Bosnia-Herzegovina

  • @just_there5427
    @just_there5427 3 года назад

    Now I'm going to remember the dramatic music and shift when I'm looking at long run monopolistic competition XD

  • @abegailduran1222
    @abegailduran1222 9 лет назад

    You explained it way better than my professor

  • @MoAntphonyMo
    @MoAntphonyMo 7 лет назад

    I think you should also mention when the monopolistic competition shows a loss for the long run. I got it wrong on a quiz and moved it to the left, but the answer was "shifted to the right" for a loss.

  • @flip_n_glitch9545
    @flip_n_glitch9545 8 лет назад

    dude you awesome!
    today is my exam n the things which were not getting in my head for about a week you have put them in 60 sec
    thank you

  • @richardhastings8217
    @richardhastings8217 6 лет назад

    This all makes sense now! Very useful for studying before exams.

  • @bellabozied7303
    @bellabozied7303 4 года назад

    Love the video-
    I turned my playback speed down a notch and even your INTRO IS FAST

  • @oliviajin1241
    @oliviajin1241 6 лет назад

    wish all professors and instructors could be like you, then our student life would be more interesting!!

  • @shagunprasad4592
    @shagunprasad4592 3 месяца назад

    jumped in my seat with the headphones on with that hey😭

  • @mahaal8707
    @mahaal8707 7 лет назад

    omg!! these videos are amazing thank you so much Mr. clifford I understood so much from a 2 minute video than a 75 minute lecture.

  • @sashankvissa2358
    @sashankvissa2358 4 года назад

    YOU ROCK, Mr. CLIFFORD.
    Love from India!

  • @leopard6554
    @leopard6554 6 месяцев назад

    Thank you Jacob!
    We wish you would include some real world examples to make it understandable better...!!!
    We are doing self-study and have no books...!!!
    Your videos are the only source of our study...!!!