Monopoly Graph Review and Practice- Micro Topic 4.2

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  • Опубликовано: 11 окт 2024
  • In this video I explain how to draw and anaylze a monopoly graph. Make sure to answer the questions and check out the bonus dance at the end. No! We can't play the board game.Thanks for watching. Please subscribe.
    Need help? Check out the Ultimate Review Packet for FREE: www.acdcecon.c...
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Комментарии • 652

  • @daniitzcoatl41
    @daniitzcoatl41 8 лет назад +601

    i like that he speaks fast. i have a short attention span and him keeping the speed up and having great timing really forces me to pay attention. if a concept gets a little trickier, i replay it or/and i slow the speed down. his fast speed as a default is pretty great cause once i watch the entire video with his lightning fast speech and am able to keep up, i feel safe knowing i've gotten the concepts in the video.

    • @JacobAClifford
      @JacobAClifford  8 лет назад +149

      +Thalia Pond Thanks Thalia. It is nice to here from someone who gets why I go so fast

    • @xingzhiguo8853
      @xingzhiguo8853 7 лет назад +8

      That's why I usually speed it up to 1.5 hahaha

    • @pedroestevesafonso8582
      @pedroestevesafonso8582 6 лет назад +2

      Same here!

    • @shitxlminersuser71
      @shitxlminersuser71 5 лет назад

      You should better rewind the video to understand rather than talking

    • @sakshamchowdhary1841
      @sakshamchowdhary1841 4 года назад +4

      @@xingzhiguo8853 u sure it doesn't become a rap xD

  • @CanINamePlease
    @CanINamePlease 8 лет назад +917

    Thank the lord this guy exists

  • @Bluebird.843
    @Bluebird.843 8 месяцев назад +73

    9 years later, and Mr. Clifford’s video is still teaching students!

  • @leannerachizzle8975
    @leannerachizzle8975 8 лет назад +247

    I have my Econ final exam tomorrow , and it's worth 70% of my grade from the entire semester. You have helped me more than my Prof & my TA for the past few months.
    Thank you so much for your hard work!

    • @JacobAClifford
      @JacobAClifford  8 лет назад +33

      +Leanne Rachizzle You are welcome Leanne. Please subscribe and tell your friends.

    • @theboldguy.
      @theboldguy. 2 года назад +5

      This guy sparked my interest in economics ! Thanks for that !

    • @aquiladanvers2021
      @aquiladanvers2021 Год назад

      @@theboldguy. same

    • @C901-r8i
      @C901-r8i 7 месяцев назад +1

      😂😂😂

  • @jasonwen2388
    @jasonwen2388 3 года назад +3

    Dude, this is the best economics channel ever. Tired of searching every question on the internet and get junk information. The speed he talks make the video so knowledge dense and efficient to digest.

  • @Myrvcleo_o
    @Myrvcleo_o 6 лет назад +1173

    hey guys just turn the speed down to 0.75 he sounds normal.

  • @redblood91
    @redblood91 8 лет назад +404

    Thanks Mark Cuban

  • @MS-ws3ss
    @MS-ws3ss 8 лет назад +98

    Mr. Clifford you are better than my prof at Harvard! I learned a lot from you.

    • @JacobAClifford
      @JacobAClifford  8 лет назад +79

      +Man Su Holy crap really?! I'm glad that you are enjoying my videos. Please tell your Ivy League friends:)

    • @138gainz2
      @138gainz2 8 лет назад +17

      +ACDCLeadership YOU ARE THE SUPER SAIYAN OF ECON!

    • @wendycarballo9539
      @wendycarballo9539 2 года назад +6

      @@JacobAClifford Harvard student here, I can confirm!

  • @1994nba
    @1994nba 8 лет назад +53

    I spent the whole day watching your videos, so much more confident going into my exam!! I REALLY appreciate the work you put into making them, it must be hard sometimes. Keep posting dude, and the creative ideas bring the information home. Thanks alot :)

  • @pokad0t
    @pokad0t 8 лет назад +3

    SO FAST SO FURIOUS AND A BILLION TIMES BETTER THAN A BORING 2 HR LECTURE WHERE I LEARN NOTHING !! THANK YOOOOU

  • @kavyasivan5285
    @kavyasivan5285 7 лет назад +123

    You definitely monopolize this arena! Thank you so much Mr.Clifford! :)

  • @aniruddharao9350
    @aniruddharao9350 8 лет назад +2

    Haven't been watching these videos even though my Econ teacher recommended them; now I'm watching them the night before a giant test on all market structures. I didn't really understand these concepts when they were taught in class, but these videos have truly granted me enlightenment: I actually understand this stuff! It's an exhilarating feeling. Thanks to you, I feel ready to take on this test.

    • @JacobAClifford
      @JacobAClifford  8 лет назад +1

      +Aniruddha Rao I'm glad I was able to help Aniruddha. Good luck on your test, also please subscribe.
      ruclips.net/video/duTj26yjXnM/видео.html

  • @nnusantoro
    @nnusantoro 8 лет назад +1

    my economics teacher uses your videos to help us understand what shes saying, but you explain everything way better than she does. Thanks Mr Clifford, I wish you taught at my school

  • @baileyadams1622
    @baileyadams1622 8 лет назад +12

    Thank you so much for these videos. My friends and I in my college Microeconomics class use them to study for exams! Not sure what I'd do without these!

    • @JacobAClifford
      @JacobAClifford  8 лет назад +2

      +Bailey Adams Thanks Bailey. I hope you do well on your finals. Please subscribe. Thanks.

  • @janetwilkinson5404
    @janetwilkinson5404 8 лет назад +58

    Watching this video 3 times so ill be ready for my quiz tomorrow wish me luck

  • @kurtisrich
    @kurtisrich 9 лет назад +208

    You teach so much better than my professor.

  • @samantharegan3515
    @samantharegan3515 8 лет назад +2

    Your Videos are definitely the most helpful Economic videos I have seen yet. I love how you explain things very well and explain why. Also the length of them is perfect!!

  • @mariedalessandro5737
    @mariedalessandro5737 8 лет назад +6

    I never comment on youtube but i just wanted to say thank you so much for your videos! I'm a junior in high school doing the IB and i have a test tomorrow. my friend and i are watching your videos to study and they are super helpful

    • @JacobAClifford
      @JacobAClifford  8 лет назад +3

      +Marie D'Alessandro Thank you. I appreciate it Marie. Good luck on your exam:)

  • @annalisecole8061
    @annalisecole8061 6 лет назад

    Thank you! This was a great video and it helped me a lot!
    I like that you talk quickly. It gives a lot of information in a small amount of time. Your videos are very concise and information packed, which I like.
    Here are some tips for people who are struggling with the fast talking: watch the video more than once, take notes, pause and replay parts of the video when needed.
    I think one problem people are having is that they expect to be able to watch the video and just know the information. That won't happen most of the time. Focus and try to really understand what is being said. Think critically. Do not just passively watch the video. If you just passively watch the video, you will not absorb as much information. Focus and learn just like when you study any other type of material.

  • @ChristopherReardon85
    @ChristopherReardon85 7 лет назад +2

    Wow! Mr. Clifford's style of teaching is very concise, methodical, and well paced. His rate of speech is rather quick, which seems quite beneficial for learning in video format. I definitely paused the video a few times, in order to process what he said, but this was rather a relief. Goal to learning should be to fully understand this video in one sitting, with no pauses. I think once you can do that, this will be a pivotal piece of economics for your #LTmemory. Thanks #ACDCLeadership!!!

    • @ManuelSteiner
      @ManuelSteiner 7 лет назад

      Want to get a 5 in Micro? Check out my "oldest" video on how to get a 5! (I got a 5, so I know)... :)

  • @healingmycreativity
    @healingmycreativity 9 лет назад +4

    Thanks for all of your help - watching your videos has helped me in MicroEconomics class in college

  • @sthandiwemnguni6449
    @sthandiwemnguni6449 2 года назад +2

    Seriously sir you are awesome...our textbooks say a lot of things but you reduce it into something we can understand

  • @jtpazzo
    @jtpazzo 8 лет назад +12

    You were born to teach! Thanks so much for perfect lessons.

  • @jezzahrixamontas1995
    @jezzahrixamontas1995 3 года назад +2

    Sometimes ECONOMICS is complicated and hard to comprehend but with your help it lessen :) Thank you so much. I learned a lot from your videos.

  • @progresswme
    @progresswme 6 лет назад +2

    mannnnnnnnnnnnnnnnnnnnnnnnnnnnn! u are just beyond my words. I HAD NEVER EVER COMMENTED ON RUclips OR LIKE ANY PARTICULAR VIDEO, BUT, HERE I COULDNT RESIST MYSELF FROM APPRECIATING THE WAY YOU TEACH.

  • @ashleyflores4966
    @ashleyflores4966 8 лет назад +2

    You're the reason I finally passed Macro Economics last semester (after failing it the semester before) and the reason why i'm doing well in Micro this semester at my University. I just wanted to say thank you for putting up videos and making it fun and informative. You're straight to the point and entertaining. Thank you! You're the best! Once I'm done with my final tomorrow I will definitely be donating.

    • @JacobAClifford
      @JacobAClifford  8 лет назад

      +Ashley Flores Thanks Ashley. I'm glad I was able to help.

  • @Greek_Panth
    @Greek_Panth 4 года назад +14

    3:18 "Did you get all that?" Nah man I am just trying to compute what you just said. Great video but a fast pace.

  • @exploringeconomics8221
    @exploringeconomics8221 2 года назад +1

    ITS BEEN 8 YEAR THIS VIDEO STILL ROCKS

  • @prekshareddy7898
    @prekshareddy7898 6 лет назад

    you are really a lifesaver! it's 1:45 right now and I​ have to give my exam at 8 in the morning and you just saved my life. *angel*

  • @adrienneshih3775
    @adrienneshih3775 9 лет назад +4

    Thank you so so so much ACDC Econ! I'm currently a freshman at UC Berkeley and I'm taking Econ 1 over the summer. Your videos definitely helped me with some additional studying before my final this week. Thank you again :)

  • @danishhassan6534
    @danishhassan6534 7 лет назад

    he is the best teacher. literally transfers energy. schools should pay lacs to keep such teachers. and they should.

  • @carleysedillo1816
    @carleysedillo1816 4 года назад +2

    Hello Mr. Clifford, thank you so much for making these videos. You make economics not only interesting but easy to understand. Please don't stop making videos!

  • @jlewint2
    @jlewint2 2 года назад +1

    Cornell Master student here - thank god for you.

  • @chrissiipooh4488
    @chrissiipooh4488 7 лет назад

    I literally hate economics and so far your teaching has been helping me so much. I got the review package 2017 and I look at it with the videos along with it. But the hidden videos that you say come with it I don't know how to access those. I am so grateful for you Sir.

    • @JacobAClifford
      @JacobAClifford  7 лет назад

      To watch the hidden videos upi must follow the link on the cover.

    • @chrissiipooh4488
      @chrissiipooh4488 7 лет назад

      +ACDCLeadership Oh okay. Thank you very much. I was literally going into finals with a zero, now I am at a 60-70 range.

  • @imadeadblueangel
    @imadeadblueangel 5 лет назад

    At first I thought he was just speaking wayy too fast. But, as I go along, his speed is just perfect. I sometimes get lost when people speak too slow, somehow my attention would shift to other things, like the talker's nose, or mouth, or even that little mole on the cheek. With Jacob speaking fast, I tend to be more focused on his points, if I think it is important, I just replay it over and over again until I get his point. Love his videos!!! especially helpful when you are stuck with your lecturer's (confusing) notes and you just want affirmation on your understanding.

  • @jasminlange8558
    @jasminlange8558 5 лет назад +2

    Hey Jacob,
    I usualy don`t do comments but after watching your videos for the last few days (and nights) I really wanted to say thanks for doing such an amazing job and helping me to get through my exam. Usulay I prograstinate a lot and end up bing-watching series on netflix. This time I bing-watching on youtube and leanrd more then I did in my entire class :D
    If I fail on my test I can at leat go on watching your cips ;)
    Greetings from Germany!

  • @shubham1e
    @shubham1e 9 лет назад +2

    Thank you Sir, we need teachers like you in India. You teach pretty well and so gregariously.

  • @MartandVeronica
    @MartandVeronica 10 лет назад +16

    This is helping me SO much for my exam tomorrow! Thanks!

    • @JacobAClifford
      @JacobAClifford  10 лет назад +17

      You are welcome. Good luck on your exam.

  • @FANCIAS911
    @FANCIAS911 6 лет назад

    It's 11:30 pm. I have an AP Econ test tommorow. And I plan to binge watch your videos until 2 am

  • @keishacarr3063
    @keishacarr3063 7 лет назад

    God Bless your soul because I was struggling with managerial economics before I found your videos!

  • @mitchellhounsome6625
    @mitchellhounsome6625 8 лет назад +3

    Me and my revision buddies find your videos so much easier to understand than using our books/seminars and lectures. you use great examples and keep the content engaging. the movie examples in particular are great, but the key concepts in 60 seconds I find a bit too fast :) if i pass my exams coming up its because of you :)

  • @EshaAshfaq1122
    @EshaAshfaq1122 Год назад

    one of the coolest economy teacher so far in internet

  • @austinstevenson3226
    @austinstevenson3226 Год назад +1

    still awesome in 2022. Thanks man.

  • @sherlockholmes2323
    @sherlockholmes2323 2 года назад +2

    I have a quiz tomorrow and I am here. Greetings from Azerbaijan.

  • @seandawsou2161
    @seandawsou2161 4 года назад

    watching your videos helps me deciding the major that I'm going to take.

  • @gabrielasophija
    @gabrielasophija 6 лет назад

    Perfect speed. Finally some videos I can use to review the microeconomic topics for the exams without losing time. Thank you.

  • @stefankalay
    @stefankalay 7 лет назад

    I'm just refreshing my knowledge on Microeconomics and didn't intend to watch your other videos, but you won me on your pauses. You're crazy, I like you => new subscriber. Thanks for the quick reminder!

  • @TheJDvisser
    @TheJDvisser 8 лет назад +20

    Brilliant presentation

  • @rebeccaphilip4065
    @rebeccaphilip4065 8 лет назад +8

    You are AWESOME !!! Thanks for making economics so easy!!

    • @JacobAClifford
      @JacobAClifford  8 лет назад +3

      +Rebecca Philip Thanks Rebecca. I'm glad I was able to help. You should definitely check out my new Summary videos and and the Uktimate Review Packet

  • @imqwerty5171
    @imqwerty5171 4 года назад

    Thanks to you I finished my the whole syllabus in just 6hours from zero to hero! :)

  • @saeedel-ashkar6759
    @saeedel-ashkar6759 8 лет назад

    I personally like that you talk really fast. This videos are great

  • @derekbranch9295
    @derekbranch9295 7 лет назад +1

    Good Stuff, Ive been watching these videos to prepare for my AP Micro midterm. Il be sure to buy the packet when we progress further in the year. As of now we've only reached unit 4.

    • @ManuelSteiner
      @ManuelSteiner 7 лет назад

      Want to get a 5 in Micro? Check out my "oldest" video on how to get a 5! (I got a 5, so I know)... :)

  • @empatheticalpieces
    @empatheticalpieces 8 лет назад +3

    omg i didnt think it was possible to make economics enjoyable. thank you!!

  • @paulscarpelli3308
    @paulscarpelli3308 6 лет назад

    Always help me understand the topic without you I wouldn't have passed my class. Thank you. Much appreciated

  • @merilyn1021
    @merilyn1021 7 лет назад +1

    Your ultimate review packet is so great!! Help me a lot!!

  • @liamhoward2208
    @liamhoward2208 5 лет назад +2

    There is an economic reason behind the speed of his videos. He knows these concept are hard to grasp and he also knows that his revenue depends on views. How does he maximize his revenues? Make the viewer rewatch the video 10 times.

  • @junaidJUNEhamid
    @junaidJUNEhamid 8 лет назад +1

    you truly have a way with explaining , youve helped many dumbasses like me , shot a lot ma man

  • @charliechan6694
    @charliechan6694 8 лет назад

    much more efficient than just read the lecture notes:) Many thanks

  • @georginathomas2764
    @georginathomas2764 4 года назад

    You are better than my Professor at Imperial. Big Economic Love to you Mr. Clifford.

  • @yuvrajsinghrajput921
    @yuvrajsinghrajput921 4 года назад

    Dear Jacob
    Thankyou ..because of you I 'll pass in my exam today

  • @katrinaschmidt2
    @katrinaschmidt2 8 лет назад +1

    I really appreciate your videos. You are saving me in my university course.

    • @JacobAClifford
      @JacobAClifford  8 лет назад

      +katrinaschmidt2 Great. Please subscribe and tell your friends.

  • @rosedumerle4351
    @rosedumerle4351 3 года назад

    Thank you sir, I've watched about 9 of your videos and they help me a lot to do my reviews for my exam! You are a hero :D

  • @fortunesa83
    @fortunesa83 5 лет назад +2

    I wish I knew about you at the start of this term. Microecon has been a struggle for me. I'll definitely be following you next term when I tackle macroecon! Thank you so much for the visual and enthusiastic lessons!!!

  • @allyreeve3659
    @allyreeve3659 6 лет назад

    Watched a lot of these videos! Makes everything more simple and much easier to understand! Thank you!

  • @rachelleliddiard4067
    @rachelleliddiard4067 2 года назад

    You're still saving the day today! Thank you for your videos, it helps more than my professor!

  • @kennethchen8315
    @kennethchen8315 3 года назад +1

    6 years later students still watching your vid tysm

  • @rifamanasiya9788
    @rifamanasiya9788 10 лет назад +8

    love you
    saved my life for tomorrow's tesy

  • @cookiesandcream96
    @cookiesandcream96 9 лет назад +2

    My Prof confuses stuff and u make the point straight xD Thx so much Mr Clifford :D

  • @katieselway8569
    @katieselway8569 8 лет назад +2

    Your teaching has helped me so much, I've questioned whether it's even worth going to class! Thank you so much! Good grades thanks to your videos =)

  • @yenikk3993
    @yenikk3993 5 лет назад

    I got full marks in my microeconomics midterm test. Thanks for your help!!!!

  • @LisaIsMimi
    @LisaIsMimi 2 года назад

    A shout out from Sudan/Africa. Mr. Clifford You Rock!

  • @MEUProductions
    @MEUProductions 7 лет назад +2

    SLOW DOWN FOR THE LOVE OF GOD! but this is exactly the channel I needed. Thank You!

  • @ysl9784
    @ysl9784 6 лет назад

    Hi just to say thank u. Your work is great. I on your lesson and let my daughter listen to it while I fetching her to college.

  • @Nicholas-ec5vi
    @Nicholas-ec5vi 8 лет назад +1

    Your awesome, fast, straight to point, funny. Unlike some, slow voice, sloth attitude dudes that make videos on the subject. Keep it up 👍🏻

    • @JacobAClifford
      @JacobAClifford  8 лет назад

      +Nicholas Muradov Thanks Nicholas. You rock!

  • @zakgreen7429
    @zakgreen7429 4 года назад +1

    I've got my ep econ midterm tomorrow and I'm watching these in hopes that I'll remember sumn tomorrow

  • @manojn6645
    @manojn6645 Год назад

    Extraordinary content! I have become a fan of you professor. So concise and crisp!

  • @bobshowmore
    @bobshowmore 7 лет назад

    Guys, if he talks too fast, reduce the speed to 0.75. It's at the perfect speed. Thank you so much for the informative video @ACDCLeadership

  • @KingMJAH
    @KingMJAH 7 лет назад +5

    that's so much more that the crash course video I got hear from.

    • @JacobAClifford
      @JacobAClifford  7 лет назад +3

      You are welcome. Thanks for watching

    • @lakhamameir7885
      @lakhamameir7885 7 лет назад +1

      ACDCLeadership speed down, speed down, speed down...... pls
      you're so faster that I have to watch your lesson more than 5 times to understand

    • @yakubmomodu3925
      @yakubmomodu3925 7 лет назад

      I was just wondering did you say Monopolies have high barriers to entry so that means other firms can enter or can't enter??

    • @jauharzahari9309
      @jauharzahari9309 7 лет назад

      cant

  • @suzettagibson6084
    @suzettagibson6084 4 года назад

    slowed it down right at the dance break, had to stop so i could catch my breath. thanks lol

  • @kexinwang5575
    @kexinwang5575 2 года назад

    Saved my life even after 8 years

  • @aplooploo3909
    @aplooploo3909 8 лет назад

    Gonna be showing this video to class. Its so much help in our economics class!

    • @JacobAClifford
      @JacobAClifford  8 лет назад +2

      +keren alexis d Thanks for spreading the word

  • @vedanshnathani541
    @vedanshnathani541 5 лет назад

    absolutely love you Prof. Clifford

  • @TheSalehmm77
    @TheSalehmm77 8 лет назад +3

    Thank you very much Mr clifford, your videos are really helpful. My prof gave us a question and i really didn't know how to answer it, maybe somebody can help me with it:
    why would an airline company charge a higher price on international flights the larger the period between travel and return during a vacation season?

    • @JacobAClifford
      @JacobAClifford  8 лет назад

      +saleh mohammed Sorry for being late on answering this. It is a good question, but I don't know the answer for sure. I can only speculate. Pehrpas it is because the airlines assume that someone who goes on a long international vacation has a higher income.

    • @TheSalehmm77
      @TheSalehmm77 8 лет назад

      +ACDCLeadership thank you for your time Mr.Clifford, I will write the answer once the prof give it to us.

    • @majaa318
      @majaa318 7 лет назад +1

      What was the answer? ☺️

  • @eduardotito1358
    @eduardotito1358 7 лет назад

    You're amazing, I didn't even needed to study hard to approve, all I needed was your videos lol

  • @candicemelaku3637
    @candicemelaku3637 4 года назад

    *i will never skip your ads*

  • @xsauce3858
    @xsauce3858 8 лет назад +1

    Thanks to these videos helped me a lot. And I like your type of teaching.

  • @cassiepinecone873
    @cassiepinecone873 6 лет назад

    Mr Clifford has save my life multiple times. He’s a god.

  • @DJW2912
    @DJW2912 9 лет назад

    This is making all of my AP ECON worries go away. So helpful!!!

  • @calvinkongcalvin5431
    @calvinkongcalvin5431 9 лет назад +5

    HEY! Mr Clifford you are great!

  • @206vaishnaviadhikari5
    @206vaishnaviadhikari5 3 года назад +1

    Thank you sir for making economic so easy. I pray for you for your good health 😊😊

  • @danim1486
    @danim1486 6 лет назад

    Thank u so much! Needed an extra quick review of how to answer all these questions!!! perfect

  • @jawbreaker772
    @jawbreaker772 9 лет назад

    Taught so much better than my Professor! You're gonna help me pass my test!!!

  • @asmeracullen
    @asmeracullen 7 лет назад

    We only use your videos in my classroom, Thank you so much!

  • @yashsrivastav3859
    @yashsrivastav3859 Год назад

    Everything seems so simple when you teach !
    Thank you

    • @BOTyrago
      @BOTyrago Год назад

      Can u send me the link of game theory? Oligopoly competition? I can't find his class

  • @shubhankarkulkarni7667
    @shubhankarkulkarni7667 5 лет назад

    I recommend EconPlusDals youtube channel for understanding and this channel for review

  • @adinayelyubayeva4878
    @adinayelyubayeva4878 7 лет назад

    The best explanation! Short and clear! Thank you

  • @barthonjiki9046
    @barthonjiki9046 3 года назад

    wow this is amazing. learned all the basics for intuition in monopoly: now i can deal with the advanced theory. This really helps

  • @sergiopavonlule3639
    @sergiopavonlule3639 5 лет назад

    Legend! Thanks for this video! Amazing how you can encompass so much information in such a short period of time, and I could understand everything! Thanks!

  • @woldgamer58
    @woldgamer58 6 лет назад

    Helped me ace my econ final. Bless your soul.

  • @antongronberg7123
    @antongronberg7123 8 лет назад +40

    Really great videos - helps me a lot. But as many others have said - you talk super fast. I have to paus all the time to think haha =) But once again - thank you so much!