Short-Run Cost Curves (Part 2)- Micro Topic 3.2

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  • Опубликовано: 2 окт 2014
  • In this video I explain how to draw and analyze the cost curves. Most teacher sad professors focus on the per unit cost curves. That included marginal cost, average total cost, average variable costs, and the average fixed cost. Each have a specific shape. It might not be the most exciting thing in the world, but I promise that it gets enjoyable once you understand it. Thanks for watching. Please subscribe!
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Комментарии • 616

  • @Lizzie8697
    @Lizzie8697 8 лет назад +923

    you are the reason i will pass my college final tomorrow. i love you.

    • @JacobAClifford
      @JacobAClifford  8 лет назад +96

      +hi Good luck on your final

    • @Firestar-rm8df
      @Firestar-rm8df 8 лет назад +7

      +hi lol, I'm preping for my econ final too. I've been trying to understand this for a while, but its making a lot more sense now that I've watched his unit 3 videos a few times.

    • @sammusa7812
      @sammusa7812 7 лет назад +1

      Lizzie Huhn me too I have exam tomorrow morning but after this video I'm sure I'll pass

    • @ilovelaurynguku
      @ilovelaurynguku 7 лет назад +2

      Lizzie Huhn omg I have an exam tomorrow too

    • @jenniferluong2899
      @jenniferluong2899 7 лет назад +4

      Lol. Her comment was 1 year ago.

  • @corrieszhi8092
    @corrieszhi8092 8 лет назад +382

    These videos leave me thinking why I have to pay the school tuition

    • @whatisnxt3466
      @whatisnxt3466 5 лет назад +5

      Yes me too

    • @tillerbuckets386
      @tillerbuckets386 3 года назад +15

      It’s ridiculous. These concepts are so simple and the professors just can’t explain them efficiently.

  • @mcmugget
    @mcmugget 8 лет назад +1443

    why did 10 minutes of your videos make more sense than 8 hours of lecture -.-

    • @JacobAClifford
      @JacobAClifford  8 лет назад +166

      +mcmugget Weird huh?

    • @mcmugget
      @mcmugget 8 лет назад +30

      *****
      extremely. but im not here to complain etc. appreciate the videos i think this resource will do the trick to keep me on top of the next test. scholarships are stressful and this will take off some of the that pressure. thanks

    • @tracyann4660
      @tracyann4660 7 лет назад +5

      mcmugget TOTALLY RIGHT

    • @shanicewilliams2838
      @shanicewilliams2838 5 лет назад +1

      I AM SAYING

    • @nduduzontuthukovundla4901
      @nduduzontuthukovundla4901 5 лет назад +6

      lectures are useless

  • @dmytroklapushynskyi1425
    @dmytroklapushynskyi1425 9 лет назад +377

    Your RUclips channel figured out to be more useful than any of my econ lectures at the university. Thanks a lot

    • @mcmugget
      @mcmugget 8 лет назад

      +Дмитро Клапушинський THIS

    • @TehG00gly
      @TehG00gly 6 лет назад +2

      And I thought I was the only fucking one XD

    • @johnabd3015
      @johnabd3015 5 лет назад

      Dmytro Klapushynskyi same here lol

    • @TheStrangeMan13
      @TheStrangeMan13 Год назад +3

      youre doing this at university? Lord save me, im doing this at 16 😪

    • @user-cq7uk4nf8t
      @user-cq7uk4nf8t 7 месяцев назад

      same @@TheStrangeMan13

  • @erlingwikborg6076
    @erlingwikborg6076 6 лет назад +160

    This guy is amazing, just learned more in 1 hour than in a full semester of econ classes...

  • @ScittyKitten
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    You somehow managed to summarize a 60-page PowerPoint lecture in 3 3-minute videos. You're a life saver

  • @qasemtv1737
    @qasemtv1737 Год назад +9

    This man deserves serious accolades for his simplistic explanation, this is the first time in my life as an Economics student to actually understand this stuff like damn!!

  • @gingerchang8556
    @gingerchang8556 8 лет назад +7

    AP Micro exams tomorrow. Good luck everybody and thank you so much Mr. Clifford. We crammed for a unit test for school during the school year by watching your video and the whole class has been watching your videos ever since. thank you!!!

  • @CounterBalance567
    @CounterBalance567 4 года назад +11

    Thank you so much! I have AP micro in literally TOMORROW and I’m still confused about these curves. You were my last minute aid. I legit don’t know how to thank you more.

  • @hugeblast107
    @hugeblast107 8 лет назад +14

    Mr. Clifford, you are a great help to microeconomics. Your explanation is fantastic and you are helping so many students understand the concept while having a sense of humor in your videos that keeps it fun and interesting to watch. Thank you so much for these videos. You are a great professor.

    • @JacobAClifford
      @JacobAClifford  8 лет назад +2

      +Wiskey107 rs You are very welcome. Thanks for watching

  • @yousafsandhu7813
    @yousafsandhu7813 8 лет назад +61

    "COST CURVES COST CURVES COST CURVES COST CURVES!"
    LMAO YOU NEED TO BE MY E-CON TEACHER

  • @jackhh42
    @jackhh42 5 лет назад +9

    Man, my college professor could learn a few things from the way you teach. I always appreciate your videos!

  • @AnaPenunuri
    @AnaPenunuri Год назад

    I am very grateful to be able to count on this type of content to solve and clarify doubts. Many students find themselves in a difficult situation where they do not understand their teachers or need someone else to explain or clarify the subject in some other way because it is easier for them to understand. I am a very visual person, and by watching your videos, I have more hope of getting a better understanding of the subject as well as you encourage me to continue studying economics.

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    @thomasmiller9589 8 лет назад +286

    big help, but Mr. Clifford looks like a young Mark Cuban

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      @JacobAClifford  8 лет назад +117

      +Thomas Miller I here that a lot. Now all I need is a billion dollars to go with it.

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      SHARK TANK TIME.....

    • @pinkiprasad4906
      @pinkiprasad4906 6 лет назад

      Thomas Miller yes he does look like mark Cuban ( young)😊

    • @dipenmodi1807
      @dipenmodi1807 4 года назад +1

      Jacob Clifford you also look a lot like Jason Segel! 😃

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    This man deserves an award, man just made more sense with a 3 minute vedio compared to a 3 hour lecture

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    This channel is great. You explain stuff way better than my prof can... I always come here before an exam and it helps me understands all the little things I may have not caught in class.

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    Why can't my econ professor be this man? I've learned more from him by binging his videos covering all of the chapters we've covered in the past 2 months than I have with my actual prof

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    @mustufakhalid1590 2 года назад

    Watching this after 8 years of its release and still its probably the most useful video on RUclips.

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  • @elxpatto1738
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    @jakubk1755 8 лет назад +176

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      @umadbroyo2388 6 лет назад

      You guys study this in uni?

    • @ao4xifku188
      @ao4xifku188 6 лет назад

      yeah econ 140 in Bahrain university

    • @umadbroyo2388
      @umadbroyo2388 6 лет назад

      We studied it in AS-Level ( grade 12)

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    @Hayat-xj2gi 4 года назад

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  • @gaetanom5242
    @gaetanom5242 4 года назад

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  • @rachelheser5655
    @rachelheser5655 4 года назад +4

    This makes so much more sense here! Thank you!!!!

  • @AJPWPRFU
    @AJPWPRFU 8 лет назад +70

    I love the passion for cost curves!! LOL

  • @twinkielight64
    @twinkielight64 5 лет назад

    Thank you for making it all make sense. I'm an old woman trying to understand micro. I was getting lost but I get it....more than I did before!

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    @johanneslimbi2898 2 года назад

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  • @manisnewa8449
    @manisnewa8449 7 лет назад

    Thank you so much for this video.
    Now I'm finally understanding little by little.
    Watching this videos are far more better than the boring lectures in college

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    @sreram1362 3 года назад

    its been 7 years and still these videos are the best

  • @nolimit167
    @nolimit167 5 лет назад +2

    " Cost curves! Cost curves! " you're the best! Thanks for the breakdown

  • @sonpauten
    @sonpauten 7 лет назад

    Thank you so much for all your help! I've got my first year exam next week at Uni and your video's make everything so easy to grasp. :D

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    @ejtischler1480 5 лет назад +1

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    not only are your explanations very clear but your attitude is super broski - just subscribed

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    @greekbau5 8 лет назад

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    @imanibranch3046 7 лет назад +4

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    @Peanutbutter58 Год назад

    I really appreciate these videos; they make it so easy to learn! I wish I found these videos sooner!

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    @richardhauser809 7 лет назад +13

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  • @amethystwings7337
    @amethystwings7337 6 лет назад

    You can explain way better than our eco teacher so now I've fully understood this concept :D
    Thank you so much!

  • @stephaniebyrne7095
    @stephaniebyrne7095 7 лет назад +2

    you make this subject likeable! thank you so much for your great videos.. all the way from Ireland :)

  • @TheCloud2012
    @TheCloud2012 3 года назад

    Thank you this is actually so simple!!!! I was struggling for like 2 days until I found this!!!!!! YOU'RE THE G.O.A.T!!!!!

  • @ireviewfastforyou
    @ireviewfastforyou 3 месяца назад

    thank you for making these short, informational videos

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    @hansoyi6726 2 года назад +1

    Sir, bless you. You were conceived for a purpose higher than yourself. I NEED you to know that you have saved many people's grades and have saved them from flunking. You're a king!

  • @namdoltakza6011
    @namdoltakza6011 4 года назад +1

    I majored in Economics and pretty much forgot everything I've learned since that was over 7 years ago lol. Now I am back in school and currently taking a Healthcare Economics course for my MHA, and this course is pretty much self-taught because the professor has been basically just giving us chapters to read from the textbook and his assignments make no sense whatsoever. I've been watching your videos all day and I have learned more from your videos than all those chapters and his horrible horrible videos he makes to "summarize" those chapters. Thank you so much!!!!!!

  • @jacqisip179
    @jacqisip179 7 лет назад

    your videos make learning econ rlly fun! thanks mr. clifford!

  • @santursharma
    @santursharma 7 лет назад +7

    I wish you were my lecturer..you are Awesome Mr. Clifford.

  • @swissdon5971
    @swissdon5971 2 года назад

    Thanks Mr. Clifford… your video came in clutch🙏

  • @riazzaman20
    @riazzaman20 Год назад

    That was super helpful. I went from looking and this graph with dreed and now I get what is happening.

  • @bunnietime
    @bunnietime 5 лет назад +1

    omg you at 2:47 is how i m trying to feel about this unit of econ. thank you for the video 💗

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    @thilinaperera8381 5 лет назад

    The best econ teacher that i have ever saw...by your videos econ is much more easier than i thought.....

  • @mercedesbenz1457
    @mercedesbenz1457 6 лет назад +2

    I love the way he explains it.
    I WILL PASS MY EXAM TOMORROW!! WOHOOOO

  • @dantana317
    @dantana317 3 года назад

    I've learned more from you than any other professor or instructor ever! SUB'd and SUPPORTING!!

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    @elethunkala8885 2 года назад

    I always come back, for the energy and the content simplification
    thank you form South Africa

  • @luvvreni
    @luvvreni 5 месяцев назад

    I'm taking an online class where all we do is read from the textbook and I have a hard time digesting content from a textbook, so these videos are a big help. Thank you!

  • @thechindianraj
    @thechindianraj 6 лет назад

    i am much more ready to face my test today. thank you!!!! very helpful!!! i understand the concept even more after watching your video.

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    @andraedennis7877 6 лет назад

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    @NoorAhmed-ml2uy 4 года назад +4

    I love you mr clifford, I am gonna pass this managerial economics exam tomorrow ........... yheay !

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    You're a blessing to mankind

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    @improvmaniac 5 лет назад

    Love your energy! Which explains the AC/DC belt.

  • @laurenann5481
    @laurenann5481 2 года назад

    Dude you’re actually teaching me graduate level micro economics. Thanks!!!

  • @darlingtonnota2152
    @darlingtonnota2152 7 лет назад

    MAN YOU HAVE A GIFT FOR SURE,,,,,THANK YOU FOR HELPING US,,,,,,MAY GOD BLESS YOU MORE

  • @gsp745
    @gsp745 6 лет назад

    😂why haven't I came across this guy earlier, his spirit is contagious.

  • @rothpichkhemara1954
    @rothpichkhemara1954 3 года назад

    April 7, 2021 I was new to this. After abt 10min of both part, I now clearly get the idea of this.🤩

  • @joeharringtonbuilds
    @joeharringtonbuilds 8 лет назад

    You are literally god sent... Wish I found these sooner than 2 hours before my final exam

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    @sohailakn6982 4 года назад

    Thank you so much, this was the greatest video I’ve ever watched💐🙏

  • @gatluakmachuol1675
    @gatluakmachuol1675 Год назад

    Besides the good lecture, I really enjoy your sense of humor
    Thanks for making it more than learning

  • @sebastianyavar563
    @sebastianyavar563 6 лет назад

    God bless you Prof. Clifford, you're the real MVP.

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    @isaman8278 7 лет назад

    Thanks!! your videos saved my asymptote

  • @gayskavetotama6221
    @gayskavetotama6221 2 года назад +1

    Sir, you are the reason why I successfully enter the university I wished for. Thank you

  • @jessicahardisurjo5597
    @jessicahardisurjo5597 5 лет назад

    ur energy makes me feel motivated to learn thank u

  • @Willow._78942.
    @Willow._78942. 2 года назад

    Legit, this 3 min video helped me understand and read this graph, faster than reading the damn book!!

  • @xanderbn_6787
    @xanderbn_6787 Год назад

    Had me at AC DC belt, clearly a man of taste and knows what he is doing

  • @stanleynnajiofor9548
    @stanleynnajiofor9548 Год назад

    10 mins in paradise.. thanks alot

  • @vubaoanhnguyen2709
    @vubaoanhnguyen2709 8 лет назад

    U'r truly my Econ saviour!!!!!

  • @sabaunkhan6821
    @sabaunkhan6821 8 лет назад

    Amazing! You explain it very well. Thanks for your all lecture which I have seen and which I m going to see in advance.

  • @shanesonn
    @shanesonn 4 года назад

    My professor made this extremely difficult to comprehend. You made it easy. Thank you.

  • @drewrg
    @drewrg 2 года назад

    You're a legend, mate!

  • @darinasa4428
    @darinasa4428 5 лет назад

    i swear i shouldn't have paid for my uni, you give me all the knowledge! thank you so much for doing this!!!!!

  • @farrouckruiz7027
    @farrouckruiz7027 5 лет назад

    Jacob, your amazing by the way you teach, thank you for sharing your knowledge!!

  • @veknithabalasathiesh2505
    @veknithabalasathiesh2505 2 года назад

    Your teachings are so easy to understand

  • @tanjilaafrin7767
    @tanjilaafrin7767 3 года назад

    Thank you so much. You're a saviour!

  • @c172inthesky
    @c172inthesky 8 лет назад +13

    LOL can you be my microeconomics professor? You literally helped me grasp the concept in 3 minutes when my shitty professor leaves the class dumbfounded after an hour lecture about this. Thank you!

  • @15Lola
    @15Lola 4 года назад

    I love your vids. I literally learn more here than at uni

  • @zubairzafar280
    @zubairzafar280 6 лет назад +3

    Thanks sir these videos was great help i just completed my mid term syllabus in one night 😊😊😊 and i like your teaching style.

  • @jhonnykokos8522
    @jhonnykokos8522 6 лет назад

    Ive found motivation to continue reading the book, thanks!

  • @fefe307
    @fefe307 5 лет назад

    SERIOUSLY SO GRATEFUL FOR YOU AND YOUR VIDEOS💯🙏🏼only reason I’m passing rn

  • @charmalvarez9717
    @charmalvarez9717 4 года назад

    all those years spent in confusion in undergrad explained in 2 videos lol thank you as always Professor Clifford!