Types of Profit- Old Version

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  • Опубликовано: 26 дек 2024

Комментарии • 252

  • @francoisrautenbach270
    @francoisrautenbach270 5 лет назад +275

    See those 37 dislikes? They're accountants.

  • @andreiv1048
    @andreiv1048 9 лет назад +215

    You are the best teacher I have ever seen. Thanks a lot!

    • @JacobAClifford
      @JacobAClifford  9 лет назад +23

      +Andrei Vex Thanks Andrei

    • @jimcook1040
      @jimcook1040 3 года назад

      Most of us get to see some life changing opportunities but fear Creep into our minds with words like is it legit is it real is this another type of scam, it okay to have these thoughts,you should know without risk there no reward true there a lot of fake platforms and fake people that has take advantage of this good opportunities to fool people that’s doesn’t mean they aren’t legit platform out there I used to have this fear but I have to give it a try when I came across Mrs Lauren I was marvel and amazed with her honesty and transparent trading process I was a novice in forex and binary options trade but with Lauren I felt like a pro i earned $48,000 weekly if you are interested in going into binary options trade ,forex and you are looking for a legit and transparent expert to put you through I highly recommend mrs Lauren Kudina click on this below to contact her now wa.link/zgkt74

  • @plankman6197
    @plankman6197 5 лет назад +147

    Jacob Clifford predicted “Taco Tuesday “

  • @Jassy19981
    @Jassy19981 9 лет назад +158

    wow I don't even have to go to class anymore thanks

    • @jimcook1040
      @jimcook1040 3 года назад

      Most of us get to see some life changing opportunities but fear Creep into our minds with words like is it legit is it real is this another type of scam, it okay to have these thoughts,you should know without risk there no reward true there a lot of fake platforms and fake people that has take advantage of this good opportunities to fool people that’s doesn’t mean they aren’t legit platform out there I used to have this fear but I have to give it a try when I came across Mrs Lauren I was marvel and amazed with her honesty and transparent trading process I was a novice in forex and binary options trade but with Lauren I felt like a pro i earned $48,000 weekly if you are interested in going into binary options trade ,forex and you are looking for a legit and transparent expert to put you through I highly recommend mrs Lauren Kudina click on this below to contact her now wa.link/zgkt74

  • @user-dw5gr6js3d
    @user-dw5gr6js3d 6 лет назад +8

    Preparing for my exam in two days and you're the only one that can make me smile in these hard times loll

  • @jacobwilson8151
    @jacobwilson8151 8 лет назад +20

    I am definitely not going to say anything bad about my current professor, because he is awesome, but you saved my life/grade. Thank you so much!

    • @jimcook1040
      @jimcook1040 3 года назад

      Most of us get to see some life changing opportunities but fear Creep into our minds with words like is it legit is it real is this another type of scam, it okay to have these thoughts,you should know without risk there no reward true there a lot of fake platforms and fake people that has take advantage of this good opportunities to fool people that’s doesn’t mean they aren’t legit platform out there I used to have this fear but I have to give it a try when I came across Mrs Lauren I was marvel and amazed with her honesty and transparent trading process I was a novice in forex and binary options trade but with Lauren I felt like a pro i earned $48,000 weekly if you are interested in going into binary options trade ,forex and you are looking for a legit and transparent expert to put you through I highly recommend mrs Lauren Kudina click on this below to contact her now wa.link/zgkt74

  • @SirMalabu
    @SirMalabu 10 лет назад +8

    Hey wassup Mr Clifford, my microecons exam is just a day away and its a miracle i found your youtube channel because in a few hours i managed to cover and understand everything from my module! A big thank you to you , really appreciate it!

  • @MrOutlawXXAKADaOutlaw
    @MrOutlawXXAKADaOutlaw 8 лет назад +136

    Is it awkward that im majoring in both economics and accounting lol...

    • @RTRT-ZAM
      @RTRT-ZAM 8 лет назад +23

      +DaOutlaw its means your a genius. LOL. All the best!

    • @jsvkia1
      @jsvkia1 7 лет назад +12

      Seriously, he or she is a genius, as an accounting major, economics has me stumped.

  • @Illusivejackalvidoes
    @Illusivejackalvidoes 6 лет назад +38

    You just made more sense than 10 of my micro classes did

    • @jimcook1040
      @jimcook1040 3 года назад +1

      Most of us get to see some life changing opportunities but fear Creep into our minds with words like is it legit is it real is this another type of scam, it okay to have these thoughts,you should know without risk there no reward true there a lot of fake platforms and fake people that has take advantage of this good opportunities to fool people that’s doesn’t mean they aren’t legit platform out there I used to have this fear but I have to give it a try when I came across Mrs Lauren I was marvel and amazed with her honesty and transparent trading process I was a novice in forex and binary options trade but with Lauren I felt like a pro i earned $48,000 weekly if you are interested in going into binary options trade ,forex and you are looking for a legit and transparent expert to put you through I highly recommend mrs Lauren Kudina click on this below to contact her now wa.link/zgkt74

    • @Illusivejackalvidoes
      @Illusivejackalvidoes 3 года назад

      @@jimcook1040 did you just like your own post?

    • @joyafortunechreia.752
      @joyafortunechreia.752 3 года назад

      @@Illusivejackalvidoes I suppose he did

  • @MerissaMitchell
    @MerissaMitchell 8 лет назад +10

    I've been watching your videos for an entire night and they're mind- blowing, everything makes sense to me now! Thank you so much! :) x

  • @Aprilz100
    @Aprilz100 7 лет назад +1

    Thank you! Thank you! Thank you! I have online classes and my professor is terrific but his accent is extremely difficult for me to understand most of the time, I'm maintaining an A in his class because of your terrific talent of teaching on youtube. I would have never imagined learning so much on RUclips, you found your talent, I am grateful for you!

  • @jamezbuddz
    @jamezbuddz 8 лет назад

    All the way from Trinidad and Tobago you have made me enjoy Micro 5 days before my exam! currently doing a bachelors in business admin, thanks for this great package you offer everyone!

  • @AJ7CANADA
    @AJ7CANADA 9 лет назад +16

    I have my finals in 3 hours and i was so stressing out ... this video explained everything i wanna know and still made me laugh. you are the best

  • @miransirdar
    @miransirdar 5 лет назад +3

    An hour class in just nearly 4 minutes really that's helpful thanks alot

    • @jimcook1040
      @jimcook1040 3 года назад

      Most of us get to see some life changing opportunities but fear Creep into our minds with words like is it legit is it real is this another type of scam, it okay to have these thoughts,you should know without risk there no reward true there a lot of fake platforms and fake people that has take advantage of this good opportunities to fool people that’s doesn’t mean they aren’t legit platform out there I used to have this fear but I have to give it a try when I came across Mrs Lauren I was marvel and amazed with her honesty and transparent trading process I was a novice in forex and binary options trade but with Lauren I felt like a pro i earned $48,000 weekly if you are interested in going into binary options trade ,forex and you are looking for a legit and transparent expert to put you through I highly recommend mrs Lauren Kudina click on this below to contact her now wa.link/zgkt74

  • @seaweedlvr
    @seaweedlvr 2 года назад +1

    youre saving me fr my economics teacher is kinda bad... ps im an accounting major but i'll take it since you're helping me so much LOLL

  • @wandrag1430
    @wandrag1430 6 лет назад

    You basically insulted my profession as an accountant but the attitude and arguments behind it definitely softens the blow. Nice lecture!

  • @koug7430
    @koug7430 5 лет назад +1

    Your videos make me feel I can throw my economic textbook into the trash can :) You are the best teacher ever!

  • @ankitkaushik6469
    @ankitkaushik6469 7 лет назад

    You are a life saver i have my IB econ test and you have saved my life

  • @leajohnson6817
    @leajohnson6817 10 лет назад +4

    Love your examples. I am a visual learner and to have these things put into perspective like that is great :D Thanks Again!

    • @jimcook1040
      @jimcook1040 3 года назад

      Most of us get to see some life changing opportunities but fear Creep into our minds with words like is it legit is it real is this another type of scam, it okay to have these thoughts,you should know without risk there no reward true there a lot of fake platforms and fake people that has take advantage of this good opportunities to fool people that’s doesn’t mean they aren’t legit platform out there I used to have this fear but I have to give it a try when I came across Mrs Lauren I was marvel and amazed with her honesty and transparent trading process I was a novice in forex and binary options trade but with Lauren I felt like a pro i earned $48,000 weekly if you are interested in going into binary options trade ,forex and you are looking for a legit and transparent expert to put you through I highly recommend mrs Lauren Kudina click on this below to contact her now wa.link/zgkt74

  • @haanhvu5266
    @haanhvu5266 3 года назад +2

    I don’t know whether you will read this comment or not, but I just want to thank you for making my economics learning less vulnerable :)) Thank you for these useful videos 🙌🙌

  • @gvott1
    @gvott1 6 лет назад +1

    I love you Mr. Clifford, you are the best teacher ever!

  • @julienpounders4899
    @julienpounders4899 8 лет назад

    it took me all semester and this video to understand this concept of "0 economic profit". Unbelievably simple concept too.. Thanks!

  • @andrescorrea6129
    @andrescorrea6129 5 лет назад +18

    Wow this guy predicted TACO TUESDAYYYYYYYYY

  • @louisehonner3018
    @louisehonner3018 9 лет назад +3

    THANK YOU! Doing an MBA, never done economics, haven't done any maths in years and you are saving my bacon! You should write a text book.

    • @JacobAClifford
      @JacobAClifford  9 лет назад

      +Louise Honner I'm glad I've been able to help Louise. Please subscribe and tell your fellow students:)

    • @louisehonner3018
      @louisehonner3018 9 лет назад

      +ACDCLeadership Done and done!

    • @JacobAClifford
      @JacobAClifford  9 лет назад

      Thanks

    • @pankajsheoran9429
      @pankajsheoran9429 6 лет назад +1

      A little late, but he's right, you should write a book!

  • @classyyygirll7853
    @classyyygirll7853 7 лет назад +1

    Best bestt best teacher in my entire life😍😍😍😍

  • @jannashebli3611
    @jannashebli3611 6 лет назад +1

    Thank You! I wish there were more teachers that taught economics like you do.

  • @yeuxdefer
    @yeuxdefer 6 лет назад

    god bless this guy for summing up in 3 minutes what took 3 lectures for my microecon prof to teach

  • @nitinkaura1323
    @nitinkaura1323 5 лет назад +10

    Taco Tuesday, he called it 5 years ago. GENIUS!

    • @Ptiou99
      @Ptiou99 5 лет назад +1

      I know right 🔥🔥🔥🔥🔥 Mindblowing to see this is 5years old 👀 Lebron should definitely invest in tacos 🌮🌮=💰💰

  • @pasmec4309
    @pasmec4309 4 года назад

    it is unbelievable how good this guy is.

  • @PavanBhoge_003
    @PavanBhoge_003 9 лет назад +1

    Hey, your videos are great fun man!!! Because of exams I had to learn these Micro Eco Concepts as fast as I could. And thanks to you that I am gonna score well in my exams. I hope you keep it up!!!!

  • @crosytsui
    @crosytsui 7 лет назад +2

    Great video. I never gone to any of my econ class and still got 98% just by watching your videos. Thank you so much!!!

  • @eddienajm9481
    @eddienajm9481 3 года назад

    really excellent video. 2 textbooks couldn't give me an easy-to-understand example like this.

  • @kaylabarbarick2016
    @kaylabarbarick2016 5 лет назад +1

    Ha! LaBron must be enjoying Mr. Clifford's videos and decided to open up his own pizza shop lol. Keep up the awesome work Mr. Clifford the review packet is a lifesaver!

    • @nagaapi
      @nagaapi 5 лет назад

      hahaha, LOL

  • @brandonwoods3592
    @brandonwoods3592 8 лет назад +1

    Excellent teacher with a great vibe that makes watching your vids exciting! This was extremely helpful :) thanks a lot!!

  • @nagaapi
    @nagaapi 5 лет назад +1

    i love that lebron example...

  • @corneliaandersson7217
    @corneliaandersson7217 4 года назад

    You are one of the most important people in my life these coming months 🙏🏻

  • @lherath8658
    @lherath8658 7 лет назад

    Why do you make soo much sense...?? I mean I understood everything in just one go! Thank you so much:)

  • @maritzagaviria3368
    @maritzagaviria3368 6 лет назад +1

    You are an amazing, funny, and excellent teacher! I love all your videos, are so helpful for everyone that can learn from you. You do a Great Job!!!!

  • @dddphoenixd5683
    @dddphoenixd5683 5 лет назад

    your explanation is even better than a UC Berkeley Prof. Thank you Jacob
    I'm a UC Berkeley Econ Junior and I find your video so helpful OMG

  • @mattspyro
    @mattspyro 10 лет назад +2

    I like how you gave a good example showing how economic profit was better! Love the vids!

    • @everygalmansosick7358
      @everygalmansosick7358 6 лет назад

      Matt no accounting wud simply calculate profits from both n compare.

  • @Yahya_509
    @Yahya_509 5 лет назад +1

    Great Clarification! Thank you for your informative video!

  • @gassiusdave
    @gassiusdave 9 лет назад +18

    But economists and accountants are looking at profits from 2 different perspectives.
    Accountants are busy focusing on an owners capital gains/losses for one of their potential many businesses while an economist is looking at the owners gains/losses from a holistic perspective.
    But maybe this is hatred grows stronger as both majors go deeper into their specialties?

  • @julianburke7726
    @julianburke7726 4 года назад

    Great videos, learned more from you than any of my other professors this term

  • @dona335
    @dona335 9 лет назад +4

    I have economics and u by far the best and the most awesomest teacher ever!!!!! i frikin love you

  • @marinevivek
    @marinevivek 4 года назад

    Thankyou Sir, The way you are teaching Economics is service to the Financial world

  • @HyperbolRecords
    @HyperbolRecords 7 лет назад

    you're better than every real life teacher i've had.

  • @sethabal4580
    @sethabal4580 5 лет назад

    Great Video, the real-life examples are simple and help in grasping the whole idea of economic profit. Love this channel!!!

  • @robintsang
    @robintsang 5 лет назад

    BEEEEEEEEEEEEEST economic tutor I've seen

  • @ghaziali3504
    @ghaziali3504 5 лет назад

    Most underrated teacher smh.

  • @karlagomez2261
    @karlagomez2261 8 лет назад

    Your students are extremely lucky!!!! Your videos make me wish I was in your class.

  • @jessicalin6740
    @jessicalin6740 6 лет назад

    really helpful! even better than the professor from school!

  • @unknown-sj1zc
    @unknown-sj1zc 5 лет назад +1

    As someone who takes econ and accounting in the same quarter, I realize why I struggle so much

  • @ziyeew1637
    @ziyeew1637 5 лет назад

    Tmr the midterm... Thanks sir, you helped me to survive my ap...

  • @deeqaxuseen7234
    @deeqaxuseen7234 8 лет назад

    u are best teacher and i like the explanation style thnks alot

  • @buyersguide-ECOM
    @buyersguide-ECOM 4 года назад

    U r a life saver. Thanks honestly. Have huge respect for you !

  • @zakbdz
    @zakbdz 5 лет назад

    Straight and to the point. Love this guy!!

  • @anushkachowdhury7511
    @anushkachowdhury7511 7 лет назад

    Your videos have helped me so much.Thank you,Mr Clifford

  • @nisitahafia5399
    @nisitahafia5399 6 лет назад

    Thanks a lot! I wasn't expecting to remember your explanation at first, but turns out i could answer the test based on what i learnt in here. Really really helpful! Hoping to see more like this in my country tho :D

  • @arwaabougharib8698
    @arwaabougharib8698 9 лет назад +1

    Can you please make a video on the distinction between economic profit/rent/surplus ?
    Thank you !

  • @SomeRandomGuy789
    @SomeRandomGuy789 7 лет назад

    I learned more in this video than my entire semester in econ.

  • @najlanuts
    @najlanuts 8 лет назад +1

    i understand your videos much better than all my postgraduate economics lectures. thank you so much for your videos!

  • @elifkuscu5625
    @elifkuscu5625 7 лет назад

    It made sense now!! Thank you Mr. Clifford.

  • @jeffamato3185
    @jeffamato3185 2 года назад

    You the man Professor Clifford

  • @LhnAran
    @LhnAran 9 лет назад +3

    you teaching style is awesome

  • @vusalamirzayeva3443
    @vusalamirzayeva3443 8 лет назад +1

    I have learnt a lot of things from you. Thank you for everything

  • @Mak8kaela
    @Mak8kaela 8 лет назад

    TY FOR SAVING MY GRADE AND MY LIFE (HOPEFULLY). TIME WILL TELL WHEN THE EXAM RESULTS COME OUT!

  • @tubeprincessamirahtv7993
    @tubeprincessamirahtv7993 6 лет назад

    This was a great one. Much love.

  • @ArefinDipto
    @ArefinDipto 6 лет назад +5

    0:41 i am laughing so much right now. i dont know why. That was too funny!!!!

  • @nicolahamman9784
    @nicolahamman9784 5 лет назад

    You are an amazing teacher ! Thanks..

  • @Coolabdelify
    @Coolabdelify 9 лет назад +1

    Even tho I'm an accountant I still like the way you explained that .. Well done

  • @noahfrench7267
    @noahfrench7267 5 лет назад

    wow, what a life savior. My midterm is in the next 5 weeks, my average is good with 80 average but my microeconomics class isnt. I need at least 55 percent to pass. Aiming for that 55

  • @chldndyd21
    @chldndyd21 10 лет назад

    Very clear explanation thank you so much!

  • @jasminez3959
    @jasminez3959 4 года назад

    I am not struggling to drop the econimics class because of you.

  • @tunchiwrld2787
    @tunchiwrld2787 5 лет назад

    You are amazing cliff👏👏

  • @cw4933
    @cw4933 4 года назад

    This man is something else, not to mention nuts

  • @qnarik12
    @qnarik12 6 лет назад

    THANK YOU SO MUCH I FINALLY UNDERSTOOD

  • @joshuasalka8665
    @joshuasalka8665 6 лет назад

    I'm not gonna lie, I still don't understand why someone wouldn't use both economic and accounting. But the vid definitely helped, thanks mate

  • @pranjaykumar5092
    @pranjaykumar5092 4 года назад

    Isn't this basically the barrons example, just more relatable? I don't judge, you do a good job of explaining it.

  • @Mrootaiwo
    @Mrootaiwo 6 лет назад

    Thank you this made a whole lot of sense

  • @RTRT-ZAM
    @RTRT-ZAM 8 лет назад +1

    LOL! TAKE THAT ACCOUNTANTS! I LOVE IT! Thanks for video. I really needed this explanation. Writing a test tomorrow

  • @celinadoherty3771
    @celinadoherty3771 6 лет назад

    you are the only reason I am not failing micro wow

  • @thatamerican550
    @thatamerican550 7 лет назад +2

    Are you god? You're seriously carrying my entire microeconomics class right now

  • @henrycb98
    @henrycb98 5 лет назад

    That made so much sense... Thank you

  • @stephensmith6812
    @stephensmith6812 5 лет назад +1

    This man's really predicted the future

  • @Регистровыйанализнавязчивыхмыс

    We can accuse our destiny of doing something wrong, but... To my mind, we will get some profits, if we rely on our own abilities. But if we depend on abilities or skills of other people, we may get a lot of additional costs (or they may betray you).

  • @willboy2045
    @willboy2045 8 лет назад +1

    YOU ARE THE MAN

    • @nagaapi
      @nagaapi 5 лет назад

      he is superman

  • @brendan9822
    @brendan9822 8 лет назад

    helped with my aplia assignment...thanks sooo much

  • @swarnendu
    @swarnendu 4 года назад

    Sir, please answer my question. My book says that Abnormal Profit is more than Normal Profit, and although Normal Profit is always positive, ABNORMAL PROFIT CAN BE NEGATIVE. How ???

  • @shals10000
    @shals10000 8 лет назад +8

    You are a star! Thank you !!!!

  • @onemoretime3453
    @onemoretime3453 7 лет назад +1

    he is so great ! love the way he teaching . it really helps . thank you

  • @DavidPerez-ef8yp
    @DavidPerez-ef8yp 5 лет назад

    he said: if economic profit is 0, accounting profit must be positive
    but what if in your 2 options you either loose money or loose a lot more money.
    One economic profit will be greater than the other, but in both scenarious accounting profit is negative
    come to think of it, is there aslo "opportunity revenue" they money you are gaining by not spending it in a different option?
    Either way help please.....

  • @gunelmamedova9194
    @gunelmamedova9194 9 лет назад

    Thank you so much for your videos! :)

  • @waleedsaeed540
    @waleedsaeed540 7 лет назад

    Does zero economic profit equal the industry profit or the interest on government bonds? or other thing ?

  • @2BuckLives
    @2BuckLives 9 лет назад +2

    God bless you for saving my ass from getting destroyed by the final

  • @feliciafelly6314
    @feliciafelly6314 7 лет назад

    What video editor that his used?

  •  9 лет назад +1

    Thank you so much. Your channel is so helpful!

  • @mehrnazbarangbou7341
    @mehrnazbarangbou7341 5 лет назад

    it was great thank you so much , really helped me!

  • @ovarly
    @ovarly 5 лет назад

    wow this guy is a legend
    thank you man :(

  • @anamikaislam6755
    @anamikaislam6755 7 лет назад

    in a word u r the best....

  • @BB-cc9qr
    @BB-cc9qr 9 лет назад

    Thank you very much sir!