Price Ceilings and Floors- Micro Topic 2.8

[@thefatherrabbit]

These videos are saving my life right now. The textbook material for my microeconomics class is so drawn out in explaining things that it just confuses me and these videos have helped me understand the topics in less than half the time it would take me if I used the book. Many of them are 4 or 5 years old but they're still incredibly helpful for me at least.

[@JacobAClifford]

I'm glad I can help. I've thought about remaking some of the older ones, but they are really good :)

[@clickbaitpolice9792]

this guy, he truly is a great tutor. learning things in 5 minutes as opposed to 90 minutes in the lecture. cheers boss, keep up the good work

[@JacobAClifford]

Awesome! I'm glad I can help

[@penpendoggo]

if you ever forget: FlooR - the "R" stands for "roof" CeilinG - the "G" stands for "ground" edit: this mnemonic got me a 98% on my Unit 1 Quiz!! feel free to use it :)

[@das8320]

tyyy (:

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@@das8320 hot - Will Smith

[@brindleyadolphus4905]

wow thats literally the synonyms given to the opposites. Very Helpful though. hope it doesnt mess with my english hahaha

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Thanks yr theory makes it more simple❤

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[@MailinP]

I wish Mr.Clifford was my actual AP Econ teacher. He's so great

[@JacobAClifford]

Thanks. I don't think my actual students feel that way some time :)

[@miykaelgadolisrael2209]

@@JacobAClifford Give them milk, just give them milk, you'll see

[@JamesHersh]

I use Mr. Clifford's videos so much (especially online teaching during Covid 19) I refer to him as my teaching assistant. I also refer to him as "our big homie Mr. Clifford" but I teach in Sharpstown in Houston.

[@daniellaalvarez8838]

mines cool but he explains it so much better

[@abdulhamidalalimi3281]

@@JacobAClifford Decision making over pricing products and services? Please answer question mr jacob

[@gassiusdave]

You took me away from khan academy and my school's textbooks, powerpoints, and video lectures. Your videos make for amazing normal service while my other resources are inferior ones. wtg! :-D

[@JacobAClifford]

+gassiusdave Thanks. I'm glad you like my stuff

[@cheesybuckets2622]

Khan Academy is overrated

[@anshul9856]

Cheesy Buckets I love khan academy for certain math videos and for physics, but yes their economics content is average

[@janedi4691]

gassiusdave I know right! Totally agree, going to Econ lecture is a waste of time

[@brindleyadolphus4905]

Woah so im not the only one who is from Khan Academy. but khan Ac. is verrrry good too specially that black screen but Mr. Clifford is better.

[@kieutulinh]

*I like replaying all of these videos for my class. The way you explained all the concepts was so easy to follow, understand, and remember. Thank you very much.*

[@JacobAClifford]

+Kiều Tú Linh You are very welcome

[@安迷修书]

man, you are a legend, no trash talk, no waste time, easy and quick, time is money!!!!!!!!!!!!

[@greatnpowerfulj7610]

You know what, I just absolutely love when a happy man in a screen can explain an 1 1/2 hours worth of econ and explain it better than my teacher in less than 5 minutes.

[@auradkhan5065]

the best part is that you talked about the confusion and then cleared it again... hats off to you sir :-)

[@blache2rose]

I love your videos. they are a life saver for me! I thought I'd never understand this whole economic stuff and fail the exam, but now I think I might have a chance of passing! You're doing an amazing job! Thanks a lot for sharing this and making economics easy to understand.

[@JacobAClifford]

+Emma Brighton You are welcome Emma. Good luck on your exam. Please subscribe and check out the Ultimate Review Packet. It's good

[@ericmphumbude8731]

I am eric from south Africa I am a student in wits university and doing econ as a semester course your videos are helpful mr Clifford

[@user-tw5ek1gg8j]

eric mbulaheni You didn't mention your height ! Fail! Do it again!

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In nov 2023, your economics videos remain unmatched. MBA journey made easier with your clear, concise content. Time flies, but your value endures

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This is my first comment . I want to meet mr Clifford in my life I know it's not possible but i can do one thing " i will try my best in economics " so to become a teacher like him .YOU ARE THE BEST TEACHER !!!!!!

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I have my mid terms quiz coming up tomorrow so i have been seeing this dude's face for HOURS but you have no idea how much i enjoy econs now simply because i start to understand the theories! MILLION thanks to you sir

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With every video I see from this channel I can understand more and more about economics. Thanks Mr. Clifford!!!

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Lol my Econ teacher's been showing your videos all the time and I just want to say you're great :)

[@saqibsami2609]

lmao same

[@cheesybuckets2622]

Thanks to you I got a high distinction in my first ever Econ exam :)

[@ronjaroeder9879]

After trying to find this topic in my Class books and the many links my teacher posted I finally gave up and googled it. Your video makes so much sense and explained the topic within a few minutes. Thank you for that!

[@nosiphondhlovu854]

I cannot start to express how grateful I am because of this video! I hope you live a wonderful life. Thank you for everything

[@jingyiwang5113]

Thank you so much for making this video. I actually have watched a lot of this series since I started my journey to learn Economics 101 in college. I was confused when Professor talked about this point in class. Thanks to this video, I have understood it completely. Thank you for saving me in my ECON 101 final exam. HOORAY!

[@godzilla16der93]

Dude I give you serious respect for being able to teach economics the way you do. It is helping me to understand economics better and is also helping me see that economics is not as scary as i once thought it was.

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I'm just watching your videos in preparation towards my upcoming IGCSE in May/June. They are very straightforward and it's like I'm refreshing my memory!

[@minvs]

I watched his videos and got a 95%!

[@yogeny6413]

A life saver... i have final in two day these video really help me alot... Now i have a clear view of price ceiling and price flour... Thank u so much..

[@JacobAClifford]

+Yogen Y I'm glad I was able to help.

[@soheneebanerjee571]

You are literally SUCH a great teacher. I understand the things you say and you make it so easy to do so. Thank you SO much. I don't know how I would survive econ without you! Keep being the amazing teacher that you are; I hope you know how many students' lives you are helping out :)

[@gabrielmalcolm4812]

Mr. Clifford is the GOAT. Price floor policy very relevant right now. Learn up!

[@philsorensen6268]

Bushels are the units that corn is sold in. Thanks for the video, my class and I enjoy them!

[@cactusberk]

I can watch all of your econ classes without needed an exam, fun to watch and instructive.

[@freatythedreary5491]

Have a test tmr, I think this will help

[@earrape]

sooo, how was that test two years ago?

[@freatythedreary5491]

@@earrape can't remember, but I'm having another final in an hour and I'm watching this again xD

[@earrape]

@@freatythedreary5491 lmao, last year I passed my test so gl homie

[@emmanusabo]

Freaty the Dreary How did the test go for both of u guys?

[@jessicadelavega1345]

You are awesome. I struggled so much the first week of class before discovering your videos. I wish the class was taught like this. Straight to the point and using great examples. Thank you so much for these videos. I have had A's on my assignments since watching your videos.

[@chriscollins5320]

Wow, why is this not "liked" by more people? This is a great instructional intro video on economics. Excellent!

[@elzarqua]

mark cuban?

[@brindleyadolphus4905]

He never replies to these message haha

[@kellynalquisada7649]

Now I am feeling excited about Macroeconomics. Your teaching methods really interest and help me tremendously. You are making this class so engaging. Thank you for making this class easier for many different learners like me

[@maissarouissi7977]

Why isn't this man teaching in Harvard? Also, THANK YOU! Not only did you make me understand econ, you made me love it.

[@hafizmohsinsajjaddar1855]

Thanks Clifford you're Teaching more effectively than my University teacher!

[@FunnyAsian00]

You have no idea how much I spent understanding price ceiling and floor because I always get confused and floor down ceiling up. You helped me alot you made socio major person understood econ! Thank you subscribed and liked Be safe ❤️🇨🇦

[@hanhi3130]

Jacob , you've done an amazing things for us . its so great to learn these subjects with you , im getting stuck to understand this , and you just helped me a lot . I thought economics is boring until...ive watched your lectures . Thankssssss

[@annshii6771]

Hello ACDCLeadership.. I am a student at university and i never did economics ever in my life not even at my sc or Hsc level.. At university i was completely shattered i wouldn't understand anything taught during class. i had no motivation at all. But then i came across your videos i was motivated and i understood economics. Today i got my results au UNI level and i scored an A in Economics . I can't believe it though. But yesss its all because of You.. Though im not from your country you helped me a lot more than my lecturer did.. SO thankss you a lot for that... God bless you with long life. I can really thank you through this message only tho you deserve more gratitude than this. That A changed my life im more motivated to work harder in other subjects also. I still remember how devastated i was when i started doing this subject.. Thanks a lot

[@minvs]

How did you get into a uni course without econ at HS level? Did you get in because of math?

[@kshitizgarg8272]

You are an Absolute gift. I have no basic background but still taking Ap MICROECONOMICS. Love. All the best . Kshitiz Garg from India.

[@johnmcgeough9662]

Thank you Mr. Clifford you have made teaching APMicro/Macro easier and more enjoyable.

[@melissabrown8118]

Thanks a lot Mr. Clifford this video has helped me to understand price ceiling and price floor way better than before.

[@yugelpradhan5457]

Bro this video helped me more than the 1 hour class i attened on this topic

[@davidanderson4597]

Finally someone has clearly explained Price floors and price ceilings! I get it!

[@rogLucas]

Dude, I LOVE YOU :)... I failed in Economic Principles before only because I didn't know about your channel at that time. Thanks!

[@p1sc3s4]

This is soooo good, I can't believe how clear and concise your videos are.

[@tckidd27]

Mr. Clifford, You are so rad. My professor is a first time adjunct for my campus and I know he is doing his best to teach but his lectures are extremely dull and not as active as yours is. Show him the ways to the force, please. - Uninterested now Interested Student in Microeconomics.

[@BythanProductions]

This is a fantastic way of reviewing- I'd say watching this video after some prior studying is a great way to keep all of that information in your head just because this explains everything so concisely. Also boxes of corn- good one~

[@chiyabimwanahamuntu7562]

Mr Jacob Clifford really helps me to understand economics way better

[@aakashchawla7899]

Hey, Mr. Clifford, Recently I watched your video on Microeconomics and seriously you have made my life easier. Thank you so much..!!

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you helped me out in college now on the CPA exam. thanks !

[@joelangula4116]

i am going to write microeconomics tomorrow, and this video really help me. student from university of namibia.

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I wish I would of realized sooner that when doing school online, all you need is youtube, thanks Jacob! These videos are making this class i'm taking so easy, I feel like its cheating, haha

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Good Job. I love to see teachers who love to teach!!! Wish they could all be that way.

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You are an amazing teacher!! Explains everything without confusion

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Amazing video! Explained way better than my textbook! You saved me! Thank you so much.

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I really like Mr. Clifford's teaching on economics.

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Your videos are short, engaging and to the point. perfect!

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Thanks for the continuous help Mr Clifford!

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Thanks Jacob , you just made my economics better and better ..

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[@youssefmohamed7783]

Thank you so much economics would has been a nightmare without your help

[@swamyswamy5071]

Your just fantastic in explaining the concepts right to the point in very little time, can we expect more such videos on developmental economics as well lets wait and see. thank you

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A little too much energy, but I enjoyed it all they ... he kept me interested with that bit of humour and most importantly I FINALLY UNDERSTAND !!!

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Very useful video. You cleared my doubts in just four minutes.

[@sevenaries]

Jacob really making me doubt why I even go to lectures instead of watching a 4 1/2 video...

[@shanielsan]

your explanations are at the right pace for me very clear and easy - AC/DC belt \m/

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Thank you so much MR.JACOB. i wish you become my econ teacher

[@kimberlyfoo404]

These videos are seriously saving my life. #ThankYou

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Really helping me refresh on these topics for my grad level Econ course. Awesome videos!

[@nikitamayg.7691]

seriously you just saved me from failing, i understand all the key concepts now

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"Hey! COOL AC/DC BELT!" My classmate noticed it right away and the video is helping us prepare for our assignment and test.

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God bless your amazing teaching skills

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Great video really helping me understand economics. I am a visual learner so this is great.

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I am so glad I found your videos!!! Did not do well on my last econ test and was struggling trying to study for the make up test from jsut a textbook. My professor, and the textbook, only confuse me more and dont explain concepts very well, only discouraging me thinking it was hopeless. I have watched so many of your videos, and with only 5-10 minutes each, I have been able to completely understand all of these concepts and I can apply the knowledge too. Im so so grateful. You can truly tell that you want students to not only understand and apply econ, but enjoy as well, which is exactly what im doing. Thank you, school can be very hard and stressful and overwhelming but its professors like you that can make all the difference.

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You are the man getting me through my A-Level!

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Thank you so so much for explaining it on detailed and used vocabulary that is easy to understand

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Thanks so much! This made me understand what my book didn’t!

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Dude...that charisma. I think I'm in love.

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Great supplement thank you. Your videos help a lot of people in my class

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I wish you were my teacher....I love how you explain things *.*

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your econ video s are very helpful for beginners in economics! thank you!

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I love this type of learning! I'm taking ap macro soon and with my prepbooks, this is where I first learn the material here, because I'm not taking this in a class in my school, but I find this better than my school :D

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u r better than our professors.

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your video still helping people like me. Thank you!

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Hopefully watching this will help me pass my test tomorrow if I don't I'm blaming you

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You're the guy my econ prof hates. thank you for doing what she can't

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Great... this have help me understand so much better my class

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Your videos are really helping me understand these concepts as a new microeconomic student! p.s. a unit of corn is a bushel :-)

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dude you literally just saved me while taking an online quiz in my dorm, i didn't understand this unit at all

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Best teacher ever

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Amazing. Your lectures keep helping me.

[@saraha.s5061]

Thanks to your great teaching, i have understood price ceiling

[@rajanpaudel449]

It turns out that's why you're in this class. Epic

[@josephsanchez3508]

Professor Clifford - This lesson, in particular, is the one that I ponder the most. If the government institutes a price floor for a resource (labor, minimum wage), doesn't it guarantee a surplus of that resource (unemployment)? Wouldn't it be advisable to eliminate minimum wage and government subsidies for unemployed workers to allow the market to achieve equilibrium? Fluctuations in wages could then be tied to in/de-flation at the federal level (COLA no longer optional/negotiated). As a business owner, an increase in minimum wage would push me towards machines, not people. At the same time, people will have to go to work when they get hungry enough (sustenance).

[@harryretief3683]

Your an absolute legend. You should do IB specific content. Loving your Work!!!!

[@gilbertvelasquez8573]

Who are the crazy 135 people that thumbs downed this guy? This was great!

[@khongoroozul]

what can i say You are amazing Watching all your vids I will buy your Macro set after i done with my micro exam

[@sumasuma6805]

How a non-binding price ceiling can be differentiated from a binding price floor? When both are drawn above the equilibrium price?