Change in Demand vs. Change in Quantity Demanded

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  • Опубликовано: 5 фев 2025

Комментарии • 90

  • @annefebalota3576
    @annefebalota3576 3 года назад +70

    I was gonna cry , it was so confusing, I need to study and understand my module by myself and answer the worksheets after. Profs. Just upload modules because there's no face to face classes (* gonna be two years now). I'm glad I saw this. Thank you so much😭

    • @Messup7654
      @Messup7654 5 месяцев назад +1

      What are you doing now

    • @jqmqpa
      @jqmqpa 3 месяца назад

      @@Messup7654 edging

  • @samjam1992feb
    @samjam1992feb 4 года назад +76

    if it isn't for MRU I would never have fallen in love with economics.. and the affair is still going on.. thanks.. thanks a lot..

    • @LaFacedera
      @LaFacedera 4 года назад +5

      Same for me, MRU has been so helpful during my first year in college when I was learning my introductory micro and macro courses. Now I'm currently studying for my master in economics! I am so thankful for their content.

  • @jesslancaster3
    @jesslancaster3 2 года назад +26

    This video alone just saved the semester for me… and it’s only day 1! Thank you for this, and I’ll be sure to keep watching!

    • @7SkiTtLeS13
      @7SkiTtLeS13 10 месяцев назад

      This is my first week and my migraines are gone after this video lol

  • @MarginalRevolutionUniversity
    @MarginalRevolutionUniversity  4 года назад +2

    ***TEACHER RESOURCES***
    Supply and Demand 5-day HS unit plan: mru.io/9dr
    Assessment questions: mru.io/principles-b5a17
    More high school teacher resources: mru.io/high-school-59021
    More professor resources: mru.io/university-teaching-82b01
    ***CONTINUE LEARNING***
    Next video-Understanding the Supply Curve: Shifts and Producer Surplus: mru.io/look-supply-e9928
    Practice questions: mru.io/sl3
    Full Microeconomics course: mru.io/wsu

  • @kaushikghosh3007
    @kaushikghosh3007 2 года назад +11

    very Impressive, the way most complicated and confusing terms are explained in mere 3 mins !! hats off to your Knowledge Sharing Skills :)

  • @7SkiTtLeS13
    @7SkiTtLeS13 10 месяцев назад +1

    OMG!!! You have no idea how much this video has helped me understand the difference between these 2. Thank you so much for creating this video.

  • @iPlayBoyNo1
    @iPlayBoyNo1 4 года назад +17

    I am glad you guys are still making videos, I really like them, thanks! :)

  • @benjaminzimba8719
    @benjaminzimba8719 Год назад +3

    Absolutely, amazing 😍😘 I managed to get A+ in Economics because this video, am happy for your explanation.

  • @YandaniMv
    @YandaniMv 4 года назад +5

    This channel is the best ,
    Now I understand clearly.

  • @rishabhnayyar7421
    @rishabhnayyar7421 6 месяцев назад

    The explanation in the ending makes this the best video. Period.

  • @priscillaidehenre3205
    @priscillaidehenre3205 Год назад +1

    This two terminologies sounded confusing until I watched this ,thank you so much .

  • @seanj758
    @seanj758 Год назад

    OMG thank you, this short vid shifted my understanding to an all-time high

  • @xscout9572
    @xscout9572 Год назад

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  • @jitshenwangmodorji8723
    @jitshenwangmodorji8723 2 года назад

    I hv economics exam tomorrow and this video saved my life !

  • @leo-np6od
    @leo-np6od 8 месяцев назад

    Thank you, this channel actually has Chinese subtitles, which has greatly benefited me.

  • @GutsAndGlory734
    @GutsAndGlory734 4 года назад +8

    Lol I needed this, because I was introduced to these topics in class.

  • @nnamdiiheonu9670
    @nnamdiiheonu9670 3 месяца назад

    Like I was a confused fowl untill I found you ..😊thank you 😊😊❤

  • @lukechan8460
    @lukechan8460 3 года назад +2

    this is more useful than my economics lecture

  • @johnsonpur8556
    @johnsonpur8556 Год назад +1

    Man I really like your videos, it helps me alot. I'm sharing your link to all of my social media platforms so that all my classmate can gain access.
    Appreciate your help 🙏

  • @shrutisinha1706
    @shrutisinha1706 2 года назад

    Love your contents...they are life savior for me....i wish i could have you as my teacher

  • @atrus9217
    @atrus9217 2 года назад

    Thank you for posting these videos. They have helped me study for my CLEP test.

    • @Britney-vq6fu
      @Britney-vq6fu 2 года назад

      How did you do? Mine is tomorrow and i do not think i will do well

    • @atrus9217
      @atrus9217 2 года назад

      @@Britney-vq6fu Sorry for the late response, I got 73 out of 80 points. How did you do?

    • @Britney-vq6fu
      @Britney-vq6fu 2 года назад

      @@atrus9217 its okay! Also good job. Sadly i got a 49.

  • @Varkdom2
    @Varkdom2 3 года назад +1

    Nice clear straight to the point explanation

  • @AHLORDTONY
    @AHLORDTONY Год назад

    Simple but great presentation

  • @Rhea-dn4up
    @Rhea-dn4up Год назад

    tysm!! i really suck at economics and this helped me understand it a bit

  • @BrickBuilderDaniel
    @BrickBuilderDaniel Год назад

    Saving me before my Econ quiz thanks!!

  • @jvb5590
    @jvb5590 4 года назад +8

    Thank you for this video! Please make more animated videos, explaining economics.

    • @MarginalRevolutionUniversity
      @MarginalRevolutionUniversity  4 года назад +2

      You are welcome! We are working on more.
      In the meantime, have you seen our Principles courses?
      Micro: ruclips.net/p/PL-uRhZ_p-BM4XnKSe3BJa23-XKJs_k4KY
      Macro: ruclips.net/p/PL-uRhZ_p-BM52EbMG1NR1ZfG9tEvcxE4u
      -Roman

  • @viviennechen5697
    @viviennechen5697 2 года назад

    Thank you so much you saved my tests!

  • @komagene3041
    @komagene3041 2 года назад +1

    Thanks for expounding on this... fantastic

  • @Banana-x
    @Banana-x 8 месяцев назад +1

    I love the jokes and explanation in 😊 the video

  • @sharmilavithanage2880
    @sharmilavithanage2880 Год назад

    Finaly i got from you. thank you

  • @venustann1300
    @venustann1300 2 года назад +1

    aaahhh so thankful for this vid!!! tysm for the simple and clear explanations :)

  • @Je.rone_
    @Je.rone_ 4 года назад +2

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    @nazmaakhter6850 3 года назад

    I am in love with these classse 🥰🥰🥰🥰

    • @MarginalRevolutionUniversity
      @MarginalRevolutionUniversity  3 года назад

      Thank you! Don't forget the interactive practice: mru.org/courses/principles-economics-microeconomics/change-demand-vs-change-quantity-demanded/interactive-practice
      -Roman

  • @Mao_Yijie
    @Mao_Yijie 2 года назад +1

    I think that "Change in Quantity Demanded" indicates the quantitative change of the original product. "Change in Demand" shows the qualitative change of other related products. (refer to the soda case)

  • @afreenbasheer3773
    @afreenbasheer3773 2 года назад

    Great videos sir thank you so much

  • @ashleyashley369
    @ashleyashley369 3 года назад

    Thank you very much, it is what I need

  • @danielefr
    @danielefr 4 года назад +6

    Love your contents! What software do you use for the animated graphs? Thank you!!

  • @gloriatagoe3497
    @gloriatagoe3497 3 года назад

    Interesting,I would like to watch the next video in Economics

  • @shobhapal6393
    @shobhapal6393 Год назад

    Thank you so much ❤

  • @rajannepali5607
    @rajannepali5607 Год назад

    Thank you Very much.

  • @c.manuell0202
    @c.manuell0202 Год назад

    Thanks MRU

  • @quanliu2175
    @quanliu2175 3 года назад

    This is soo great!!

  • @wahidrahman7286
    @wahidrahman7286 Год назад

    Does quantity demanded increases when demand increased?

  • @chairlovawitabat
    @chairlovawitabat 3 года назад

    “Down and to the left”

  • @merakeemeraki6411
    @merakeemeraki6411 Год назад +1

    Thanks

  • @deathstroke8639
    @deathstroke8639 4 года назад +1

    I have one question. Couldn't a decrease in price actually shift the demand to the right? For example, if the price of hot Cheetos were to decrease then wouldn't more people who bought other brands of chips then prefer to buy more hot Cheetos since its price is now lower?
    to make sure I get it, would this not count since we are measuring more than just the price? Since now we are adding another variable such as people preferring hot cheetos over any other brand because of the price. If this is true.....then when will we ever have a true change in quantity demanded alone? Since there is always a substitute for mostly everything meaning that a change in price can result to their demand to either shift to left or shift to the right.

  • @bryanbernal3112
    @bryanbernal3112 3 года назад

    Amazing content!

  • @M.Alturki
    @M.Alturki 4 года назад

    Ultimately in both cases the quantity would change right ? Weather it's due to price or income and other factors

    • @MarginalRevolutionUniversity
      @MarginalRevolutionUniversity  4 года назад +1

      Yes, a shift in demand (assuming supply stays the same) would change the quantity as well. A little later in micro (after we cover supply shifts) we go over this distinction in more detail: ruclips.net/video/BwNzl15NOTI/видео.html
      -Roman

  • @atulshankar1224
    @atulshankar1224 3 года назад

    Thankyou very much sir 🤍🖤

  • @shreosimondal1932
    @shreosimondal1932 Год назад

    Helpful for me..

  • @GatkhorBiem
    @GatkhorBiem 9 месяцев назад

    I have to get the point here sir

  • @jobethcrafton1119
    @jobethcrafton1119 2 года назад

    great video

  • @ThategoFührer
    @ThategoFührer 9 месяцев назад

    Thank you sirr

  • @florencecordjotse7300
    @florencecordjotse7300 4 года назад

    Thank you very helpful

  • @rushikamble4457
    @rushikamble4457 3 года назад

    Good one

  • @brucesmith6868
    @brucesmith6868 4 года назад

    Thanks Josh

  • @Ankitbisht.73736
    @Ankitbisht.73736 3 года назад

    Thanks a lot

  • @atulverma6718
    @atulverma6718 3 года назад

    Thank you sir

  • @tGoldenPhoenix
    @tGoldenPhoenix 3 года назад

    Thank you

  • @zainyamin9973
    @zainyamin9973 4 года назад

    thank you!

  • @Felipe_Medeiros2.0
    @Felipe_Medeiros2.0 2 года назад

    Receba,aqui é o cara da luva de predero

  • @sagarmahobia5159
    @sagarmahobia5159 3 года назад

    Cristiano Ronaldo sent shockwaves to the curve . 💣

  • @celsiusfahrenheit1176
    @celsiusfahrenheit1176 3 года назад

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  • @himendranayanajith3813
    @himendranayanajith3813 3 года назад

    ♥️

  • @WelsonTeron-sz1il
    @WelsonTeron-sz1il 5 месяцев назад

    Wow

  • @georgeverghese6970
    @georgeverghese6970 4 года назад +2

    It’s time to instigate martial law

  • @ernestoglez6725
    @ernestoglez6725 4 года назад

    Soda 👍

  • @harpreetmutt4862
    @harpreetmutt4862 Год назад

    Thankyou
    so much bro

  • @nbaspinna8906
    @nbaspinna8906 2 года назад

    hi tyler

  • @ThePeterDislikeShow
    @ThePeterDislikeShow 4 года назад

    I prefer to call it toilet bowl cleaner. Not a beverage to me.

  • @GoGreaterGood
    @GoGreaterGood 4 года назад +1

    IT'S SODA 😠😠😠

  • @JoslainKenjo
    @JoslainKenjo 3 месяца назад

    You cannot write while explaining

  • @7Zee790
    @7Zee790 3 месяца назад

    Thank you very much.❤❤❤

  • @Jahanzaib_shah
    @Jahanzaib_shah 2 года назад

    ❤️