Five things you MUST understand to pass economics

This video goes over the five fundamental principles that you must understand to be able to pass your principles of microeconomics course. These are the ideas of costs and benefits, people being rational (and responding to incentives) as well as the idea of marginal analysis. More information on this topic can be found at:
www.freeeconhelp.com/2011/06/...

[@Franky566]

someone get this man a medal.

[@sanelisiwesanelisiwe2897]

I'm struggling with macro economics 😭

[@pete9320]

I am studying Microeconomics as part of my bachelor degree regarding Political Science. I have been fairly good at logic, and fairly well at keeping my head cool during exams. I crashed during my exam, as I spent so much time figuring out which models to use during the exam, and finding relevant theory and whatever. Your videos have given me a fake cheat sheet, I have been able to follow along, writing down models and figuring it out. You've done better than my semi nerdy economics professor (in his free time, he writes about interest! Ha!) Thank you! Really!

[@FreeEconHelp]

Thanks for the kind words. Economics can be tricky (we tend to use words that have different meanings in different disciplines) and do other counter-intuitive things.... so anything I can do to help. I hope the rest of your courses go well!

[@pete9320]

Micro went very well! A big part of it being thanks to your videos! You deserve sincere kudos!

[@liamwhyte7533]

Ive got a test tomorrow, im so nervous.

[@sonofkemet2959]

Same here, how did it go lol

[@suhabiika1329]

Thanks alot man

[@Pages_Perfected]

well, well, i don't want to take economy next semester

[@dylanr8481]

It sucks so bad