No doubt, Dr Azevedo is one of the best Economics teacher in the World. Thank you for the lucid explanation. Quite awesome!
@ManusiaBiasa-jk5ru2 жыл бұрын
Pak, saya mengucapkan banyak terima kasih kepada Anda. Saya merasa bersyukur dan terberkati bisa belajar ekonomi dari Anda. Semoga anda sehat selalu dan segala hal baik bisa anda dapatkan. Saya sangat berterimakasih kepada Allah karena sudah dipertemukan dengan Channel KZbin ini. Terima kasih
@ilupeter539310 ай бұрын
This is just incredible, your style of teaching and the way you are able to break down and explain those economic chapters into smaller chucks for us to understand is exceptional. I am grateful for all the contents you have created for us online learners to view and learn free of charge.
@bakhtawarjehangirhaleem7873 Жыл бұрын
Your videos are one of the simplest to understand, yet one of the greatest to learn from. I also really like the short stories of your life. Great video and please make more!!!!
@DrAzevedoEcon Жыл бұрын
I'm glad you enjoy them!
@berkeoksuz-vb2xiАй бұрын
@@DrAzevedoEcon would you recommend me any website to practicing for my exams
@Tinhdang12311 ай бұрын
I have to watch your videos before attending my Econ class, so thank you very much for all of your help! You make my life easier.
@mmbogo2873Ай бұрын
Talented teacher. Great
@DrAzevedoEconАй бұрын
Thanks for watching!
@bbeeyangli8 ай бұрын
this is the only economics course i like! thank you! i dislike the cowen's course ,they just put conclusions directly(ignore the conditions), make me feel like economic is a fake science. and things are not clear actually in their course. yours is incredible, clear, more like a science. i love it. these two economic courses are great top1 couses.
@GirinSofiaАй бұрын
Thank you so much professor, thanks to your videos I passed my exam. Hello from Seoul
@RohitSaini-zd1kc3 жыл бұрын
Best economics teaching
@duongyst59722 жыл бұрын
The way you explain is really easy to understand. Thank you so much. Its really helpful to me 😊😊
@ghanatoolstv2220 Жыл бұрын
What an excellent teacher!
@DrAzevedoEcon Жыл бұрын
Thank you!
@WijthaGayan Жыл бұрын
Thank you so much for your videos sir. I've been struggling with Econ at uni but your videos are actually making it possible for me to help other students understand the content. Great videos👍❤
@DrAzevedoEcon Жыл бұрын
I'm happy to hear the videos are helping!
@sarthakpriyadarshi571811 ай бұрын
what an excellent prof to learn from ! thank you sir ( respects from INDIA )
@tiananguyen594011 ай бұрын
Love what u did, please continue sharing your wonderful knowledge and understanding ❤❤❤❤❤❤
@mortazakhawari9232 жыл бұрын
Dear professor, thank you so much for producing and sharing these videos to whom likes economics.
@12smart8992 ай бұрын
you are perfect teacher DR a🎉zavede
@user-fd1pg2vl6t10 ай бұрын
Thanks for your amazing lecture! It’s very interesting to think about “identical goods”: Identical goods are not whether goods are literally identical but consumer perception of the goods. ❤
@DrAzevedoEcon10 ай бұрын
You're welcome! Consumer perception is definitely what matters.
@oe4270 Жыл бұрын
Thank you Prof. I like the way you start the lecture. Thank you again and pls keep the good work.
@DrAzevedoEcon Жыл бұрын
Very happy to help!
@rushanakhusanova84972 жыл бұрын
So easy to understand, thank you professor
@marcocfitness2 жыл бұрын
Precise and easy to understand. Thank you so much
@m.hoeller042 жыл бұрын
God loves you all. He even sent his son Jesus so that he can put our sins off of our shoulders. Turn to Jesus before it´s too late. Thank you, God bless you!
@somamohomed15403 ай бұрын
You turn to one and only God in this world who creates you and I there is no God accept Allah 🙏 And we believe that Jesus cs is only messenger of Allah like other messengers..thank you
@anushkagupta39623 жыл бұрын
love the way of your explanation.
@DrAzevedoEcon3 жыл бұрын
Thank you!
@mnurullahh Жыл бұрын
Great lecture, thank you Professor
@DrAzevedoEcon Жыл бұрын
You're welcome!
@Wearenick Жыл бұрын
I enjoy these videos.
@DrAzevedoEcon11 ай бұрын
Glad to help!
@nationalcoordinatingcoalit1392 жыл бұрын
You're a boss; great explanation!
@sohoj-arp2 жыл бұрын
Awesome lecture
@MusicodeDios4ever2 ай бұрын
Hello Dr. Azevedo, Do you have a book of your own that I might be able to purchase to make my learning easier?
@kofiadjavon5641 Жыл бұрын
Good lecture
@DrAzevedoEcon Жыл бұрын
Thanks! Happy to help!
@abdul95713 жыл бұрын
Hi teacher, I really love your method of teaching, and I just have a question. Is an advertisement for a product consider a demand shifter? CUZ when Cristion Ronaldo who is a soccer player remove a Coca-Cola Bottle while he was doing a press conference, most people stop buying the product the next day!!
@DrAzevedoEcon3 жыл бұрын
Yes, this can definitely shift the demand curve. It would go in the category of tastes (preferences). Firms try to change our preferences using advertising, but preferences can also be influenced by the results of medical research, high profile people using (or not using) a product, etc. The Ronaldo incident is a little different though. The impact of what he did wasn't so much that people quit buying Coke....it was that the price of shares of Coca Cola stock dropped by 1.6%. If you look at what happened to the overall stock market at that time (June 10, 2021 to June 18, 2021), there was a general decline in stock prices. That means that the decline in Coca Cola stock price probably didn't have much to do with Ronaldo. By July 14th, the price of a share of Coca Cola stock was higher than it was when Ronaldo moved the bottles. This is a good example of the 'post hoc, ergo propter hoc' fallacy. It's the idea that one thing caused another things simply because it came first. Examples of the fallacy are abundant in the media.
@abdul95712 жыл бұрын
@@DrAzevedoEcon Thank you so much.
@samasihghazanfari154411 ай бұрын
thank you
@gjayadevan22 жыл бұрын
Brilliant!
@ummekalsoom73253 жыл бұрын
it's appreciatable!
@divyavisharadshukla2 жыл бұрын
💚 from India
@shrajaltripathi2793 жыл бұрын
How share stock exchange identical... When the prices are different... And buyers are careful aur price of shares they buy??
@mutalemutale414210 ай бұрын
Thank you so much ❤
@DrAzevedoEcon10 ай бұрын
You're welcome! Glad to help.
@danielagonzalez555772 жыл бұрын
Hello Professor. Thank you so much for your videos and sharing such valuable information. It is clear and very understandable. What is the textbook that you are using? Would it be helpful to acquire it?
@DrAzevedoEcon2 жыл бұрын
Hi Daniela! My videos are all based on Mankiw's Principles of Economics. I highly recommend it. You can find older editions on eBay.
@livenite90582 жыл бұрын
Hi professor, do you plan to make more video in the future? I’m 1 of your fan
@KageManTV Жыл бұрын
I know this comes late Prof. But thank you so much for these videos. I'm doing economics now and this has been a god send. What software are you using to write out everything though it seems like you're writing in reverse? The effects so cool.
@DrAzevedoEcon Жыл бұрын
Thank you! Glad the videos are helpful. I'm actually using a light board...there's no special software. The image is simply reversed so that you can read what I'm writing. It works great.
@sarthakpani9381 Жыл бұрын
I also thought of the noodles, sir.
@DrAzevedoEcon Жыл бұрын
Haha!
@ogundipejustina9562 Жыл бұрын
Dr. Azevedo, your teaching has been great for me. However, as for this class, particularly on demand schedule, you started the price with zero. I don't really think there is a commodity with zero price sir.
@DrAzevedoEcon Жыл бұрын
Glad to help! You're absolutely correct....prices of zero would be highly unlikely. I use that example only to help people understand the relationship between the demand schedule and demand curve.
@ogundipejustina9562 Жыл бұрын
@@DrAzevedoEconI gat the gist.
@jeffreylaryea8120 Жыл бұрын
Prof...thank you very much,your video helps me alot and I even recommend to most of my cost mates...but pls there is something which is not clear ...I want to know if for inferior goods there is jus a movement on the demand curve or the demand curve shifts...
@DrAzevedoEcon Жыл бұрын
Glad the videos are helpful. Here's the answer to your question. For both normal and inferior goods, a change in income will cause the demand curve to shift. For a normal good, an increase in income will cause the demand curve to shift to the right. For an inferior good, an increase in income will cause the demand curve to shift to the left. I hope that helps.
@jeffreylaryea8120 Жыл бұрын
@@DrAzevedoEcon Pls when am trying to draw the graph for that there is just a movement along the deman curve .since an increase in income decrease demand and vice versa...is like there is an negative relationship between price and quantity but for normal good my curve shifts....and when I was reading some books too I they said with inferior goods there is a movement along the curve ...this has made me so confused prof....I really wish you can help understand this well...pls I will be looking forward for your answer..thank you
@jeffreylaryea8120 Жыл бұрын
@@DrAzevedoEcon I had an assignment and when I was trying to draw the graph I was finding it difficult because with inferior goods there seems to be a negative relationship between price and quantity demanded
@DrAzevedoEcon Жыл бұрын
@@jeffreylaryea8120 If you're reading another book that is telling you that with an inferior good you move along the demand curve, then I recommend not reading that book....it's wrong. A change in income causes the demand curve to shift. The only issue is whether it shifts to the right or the left. That's the difference between a normal good and an inferior good. When income goes up, demand for a normal good will increase (shift to the right), while an increase in income will cause demand for an inferior good to decrease (shift to the left). Perhaps the book that you are looking at is referring to a shift along the supply curve? When income changes, the demand curve will shift, which causes your new equilibrium to be at a different point on the supply curve. It other words, you move along the supply curve.
@jeffreylaryea8120 Жыл бұрын
@@DrAzevedoEcon thank you very very much prof..I now understand..so am increase in income with the price of an inferior good still the same..the demand curve will shift to the left..and vice versa....? Pls is that it....
@nehanthv4238 Жыл бұрын
42:43
@syedsaqibali14822 жыл бұрын
Hello professor. One thing I want to ask is that is there any proper economics course that you are providing online that we could join?? Your way of teaching is awesome
@christinaashley12 жыл бұрын
When I think of inferior goods I think of fast fashion
@katheryninh47362 жыл бұрын
Thank you so much
@mixkds66352 ай бұрын
the marginal cost of watching your videos would be bigger than the marginal benefit if and only if death was the op cost