Market equilibrium | Supply, demand, and market equilibrium | Microeconomics | Khan Academy
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- Опубликовано: 3 окт 2024
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Equilibrium price and quantity for supply and demand
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Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
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i just want you to know that our university uses your videos as a 'pre-lecture study' in Economics. That's how excellent your vids are.
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@@UsamaMalikKhabba1567 university like bro we are doing this topic in middle school
@@farajaemmanuel2674 haha same
Thanx
@@farajaemmanuel2674 yeah ok. unless you test out of the class you will probably have to do it again. so congrats
I would just like to say that I thoroughly enjoyed this diagram not because of the information provided but rather the penmanship this man has.
That is some fine penmanship.
Is this ume or nme. ...
Been 10 years , you still studying Economics?
you are amazing !! do you know that my whole class at an International business school in The Netherlands passed the economy exam thanks to u ? ! please keep making videos !! thanks again
dam
I'm in uni now, taking an econ course. Coming to one of Khan Academy's videos has brought back memories of how much I used to watch these videos for functions in high school!!! Wow! This channel and guy is simply amazing. Constantly helping so many people.
I used to watch his videos on multi-variable calculus for the Advanced Calc course in my high school for the SATs, and boy were those videos so good and helpful! I even watched the ones that one of his good friends Grant Sanderson (who has his own very reputed YT channel by the name 3Blue1Brown) do his explanations for Sal or sometimes they would collaborate in a single video. Imagine that - two brilliant folks explaining all the juicy math stuff.... it was a bliss!
Sal is the only teacher I have seen to encourage people to start from the scratch and think through logically.
you are going to be the only reason I pass microeconmics this semester thank you so much for these informative videos.
same heree my mba midterm exam.gota good mark
khanacdemy, thank you so much for all of ur tutorials. ur the best tutor that i've had in my entire life and oh my god.. ur service is free!
i don't know how to thank you because these videos helped me a lot to understand the economic idea, and i can learn with so much fun. Thank u so much. thank you thank you thank u. I love u!
simply the best video for the equilibrium , shortage surplus chapter. This video helped so much, i managed to get an A in microeconomics and carry my colleagues in my class too.!
WARNING: There's a mistake in this video at 8:14. He says, "As you decrease the price, what's going to happen to the demand curve? Well, the demand is going to go up."
This is incorrect. A change in the price will not affect the demand curve at all. What will change is the *quantity demanded*. "Quantity demanded" will go up, but "Demand" (i.e., the Demand Curve) will stay the same. This is an important distinction that frequently trips up students. Be careful.
I'm sure Mr. Khan knows that distinction; he probably just misspoke.
Thanks
In other words, notional vs effective demand
He meant to say about the expansion of the demand curve due to decrease in price and the curve in terms of expansion or contraction does not move. To it is a minute discussion that can easily be digested using common sense
It's 2024 and my University's MBA program still references your videos for study material. It just comes to show how good students are able to retain your information.
Khan, God bless you. Am a first year university student in Germany but can not understand my lectures, the language is terrible. Imagine I spent two years learning Deutsch in Uganda before I came Germany to start my studies but still, cannot understand my lectures! So what I have decided to do is to follow your lectures, both Math and Economics. Hope it will help me ! Thanks once again for helping people like me.....
Simple explanation and engaging manner. Thank you for making market equilibrium realistic and relatable.
I will be answering my Igcses next year, and just started taking up Economics, i missed my class when teacher taught about market equilibrium, and i didnt understand when she tried to explain it to me back
But i found your video and this explained the topic better and now i understand the topic well, i know its been 8 years since this was first uploaded but thankss ❤
How did your IGCSE go?
@@saniakhan4068 ill be answering it in 70 days, wish me good luck
@@richymt20 Wishing you all the best! Hope you get your desired grades
thank you too much for this videos. I am reading economics on the universty and i always watch makroeconomis and microeconomis video on the khan academy, because they are so informative. Thanks to it my microeconomics exam is 95...
3:56 you know he's dedicated to making these videos when he skips lunch for it
+Raki Sathark hahahhaha omg
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Wow really good listener
Lmao thats so sad, yo feed your tutors man
Or it's a fart
I've been banging my head against the wall for the past hour trying to understand this concept for my college homework due in 2 days, and this 4:10 is where it clicked. So much easier than my textbook.
You are making my Microeconomics class a lot easier to understand than I was initially anticipating. Thank you.
multi-talented man! I taught you teach math only but you do both economics and environmental system too. Worth to watch. Every time I dont understand, I will come to watch your videos.
You explain so well! Simple examples and clear speech.
I have econs test tomorrow and i am enjoying this video. the fact that this video is better than my lecturer's pre-recorded lecture!😭😭
You saved my life in high school and you're saving my life again in my university life. THANK YOU SO MUCH
my IB will be saved thanks to you :')
may god bless this man who which i have learned more from economics from him than my actual school teacher! keep the good work
thank you so much for this simplification... looks really easy after your wonderful explanation.
It was stupendously helpful for me. I was struggling with this 'equlibrium' concept for the last few weeks. This video helped me understand the nitty-gritties of the concepts. Thanks Khan Academy!
this is great! Just tomorrow will be my economics exam, thanks for that!
My graduate level Economics professor recommended my class watch this video. I like him. This video also made a ton of sense for me. Thank you!! :D
thanks for the explanation sir. now I am taking microeconomics, and your video really helps me even after 11 years (in 2023)
This is helping me remember a lot of stuff I learned in Macroeconomics a couple years back. Thank you!
Man, honestly the way you explain things, you make it so simple and easy. I was lost in the lecture my teacher was giving to us lol you provided me with such help with your microeconomics videos. Thank you so much :D
This is the platform ...where i always get all my doubts clear..thank from the core of my 💓
Simple way of teaching, really amazing.💙
Good job on this clear explanation!
Imagine paying for tuition just to watch these videos 😭😭😭
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you are a lifesaver I don't know how to thank you.
Thank you! I’m struggling in economics. These videos help me.
Great explanation. Thank you!
Sir, the way you explain make these complex topics so easy...Huge respect for you !!!
Thank you so much for this simple and understandable tutorial.
Thank you so much for making a simpler explanation on how the market flow works
Totally helpful and easier explained🙏🏻 Econ final here I come
Sal, your voice is very soothing, You could totally record an e-book...
I really like his voice classification and materials shalom from Israel business administration
wow thanks this channel has been really helpful
very presumptuous approach.........
it is very understanding ,
I just spent so much time in awe of the fact that this guy has the only voice capable of being correctly translated by youtubes automatic captions
+Khan Academy Thank you very much for this video! It helped me a ton!
Eating apple while watching this. My demand is one apple, but i have like 10 apples in my apple stash. There is no equilibrium between demand and supply :(
You explained the concept in such an easy way. Thanks a lot.
You are amazing man, my lecturer explained this so badly and I didn't understand it all but now I do! Thank you
These are actually entertaining to watch.
quality of content is way better than scam edtech companies like byju's and vedantu
Thank u so much Sal Khan. You are a hero!
Love ya!
Chally really made me watch this...
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HOLUP
(travis here lmao)
Miles Luu ik u too lol
Melanie Wong oh wow hi 😂
Nicely explained 😊
great video!
Andito ako para sa subject na applied economics hahaha
When the price goes up de Supply goes up and Demmand goes down.
When the price goes down de Supply goes down and Demmand goes up
It was an excellent lecture, even for someone who is just starting to learn the laws.
I understand you more than myself
this is amazing explanation
When we have a general surplus then we have abundance. When we have a general shortage then we have scarcity. The price converges towards the equilibium price.
THIS WAS SO HELPFUL THANK U
I'm watching this to prepare for my second yet last class in 7 hours, cause I have nothing to do at the moment.
This is awesome right now I'm taking notes on this! Yay
Thanks sir. You helped me.
Thank you for your videos
Thank you so much.... big help!
very helpful tutorial, thank you sir.......
Amazing Video. Thank you Mr. Khan
Khan, thank you so much, you are the best Thanksssssssss
thanks for the vid this does help
AWESOME explanation! Thank you!!!
Yo thanks Khan, I can now move on to my next question in Finder Land.
Awesome video! Thank you for sharing!
Thank you
simple and clear.
This video was very helpful. Thank you!
great video!
THANK YOU!
Your videos are great!
one of the best things on internet
This was really helpful but could you give and example in which the scale values are different
just what i needed to learn for my exam :) right in time !
Very insightful!
That curves only show how prices fluctuate, not the actual price!
Problem is that worker's effort and payment wouldn't be considered in equation so it won't tell u a lot
Well explained
Qd =10-P+Y and Qs = 5+P, where Y = Consumer's income, so if I have to set equilibrium price and equilibrium quantity as functions of consumers income would that then mean Y = -5?
Thanks really helpful !! :)
New subscribers here.
I love your video so informative 😍😊
It's all right..
Superb!! loved it!!!
please post video on equilibrium and it,s types
great explanation
Thanks a million.
Is this the best video on RUclips??
So the supply curve is change of quantity supplied according to how much price there is. For a shortage, or a surplus, wouldn’t you move along a new supply curve? Because yeah i’m in surplus i need to produce less, makes you produce even less than, oh the price goes a bit down
excellent!!!
It's exactly 40 mins before my exams I'm F'd!
How’d they go?
Plzz add the malayalam version of this video