Introduction to Perfect Competition

  Рет қаралды 393,292

Economicsfun

Economicsfun

Күн бұрын

Пікірлер: 170
@radhapatel8288
@radhapatel8288 8 жыл бұрын
I spent literally 8 hours studying this from my econ textbook and you still explained it better in 8 minutes
@badooral-holibi2281
@badooral-holibi2281 6 жыл бұрын
me too
@shristibaranwal796
@shristibaranwal796 5 жыл бұрын
Me too
@aumnamahshivaya6086
@aumnamahshivaya6086 4 жыл бұрын
Ncert aaa??
@yera1otag
@yera1otag 4 жыл бұрын
I actually recommend this one to my students, it is more efficient :)
@katesithole8629
@katesithole8629 3 жыл бұрын
I can relate...
@jurkevichegor2944
@jurkevichegor2944 10 жыл бұрын
After all these hours reading lectures and watching khan-academy i found a perfect explanation of the topic at your channel, nice job!
@economicsfun
@economicsfun 10 жыл бұрын
Jurkevich Egor Dang, I do appreciate your comment. Thanks for taking the time to write me and let me know. Good luck in your studies.
@ruchigoley329
@ruchigoley329 6 жыл бұрын
Sir I am an Indian and your pronunciation is so good that I could understand your lecture very interestingly and carefully. Thank you
@christinahyman216
@christinahyman216 7 жыл бұрын
This video perfectly explained Perfect Competition in less than 10 mins. Thank you!
@lindawisebear
@lindawisebear 9 жыл бұрын
You explain everything so clearly and succintly - keep doing what you're doing because it is SO HELPFUL!
@economicsfun
@economicsfun 9 жыл бұрын
Linda Zhang Thanks for that Linda. Good luck in your classes too. Hopefully you will like, share, subscribe, If you get a chance could you please like our FB page. www.FaceBook.Com/PartyMoreStudyLess It will help others find the videos.
@haiyentran9768
@haiyentran9768 6 ай бұрын
thank gods, finally i understand why produce at P=MR =MC is max profit. thank you a lot, My worthy 8 mins
@vincentkayijuka7603
@vincentkayijuka7603 5 жыл бұрын
Great use of graphs to simplify concepts that look very difficult in textbooks. I hope you do the same for the main economic concepts. Kudos!
@SamirHossain1191
@SamirHossain1191 10 жыл бұрын
Finally an explanation worth listening to and understandable. Thank you so much.
@economicsfun
@economicsfun 10 жыл бұрын
Samir Hossain Thanks for that. I appreciate that you took the time to write me. I spend a lot of hours working on the videos, so it is nice to hear they are useful. Good luck in your studies.
@SamirHossain1191
@SamirHossain1191 10 жыл бұрын
I liked the way you've represented everything required to understand the concept of perfect competition in a sequential order. That made things far less complicated than the faculty who taught me in the university. And you're welcome Sir :)
@User-zq9ic
@User-zq9ic 3 ай бұрын
@@economicsfun 9 years later and your saving me before my midterm, thank you for your hard work!
@sinamen516
@sinamen516 6 жыл бұрын
omg thank you!! the struggle has been real but this was so clarifying, thank you!!
@DannyMLT
@DannyMLT 11 жыл бұрын
Im in my 3rd year degree from LSE (london school of economics) .. I find the text book write such simple analysis in the most complicated way's... Your videos are enough for me that I did not need to attend any lectures... Honestly.. spot on ! Thanks so much .... Just another point, maybe you could have drawn the Industry demand & supply curves and how they link to the Individual curves, could make the explanation easier to understand :) Thanks again !
@Keezie27
@Keezie27 8 жыл бұрын
Geesh, I am studying for my final, which is a few days away. I wish I had found this earlier but I am finding these videos very helpful! This is the first time I feel like I understand Economics. I was feeling so hopeless before. Now, I think I might have a chance to do okay on the exam.
@retro527
@retro527 8 жыл бұрын
I failed my first midterm. I feel like shit. But I'm trying my best to understand Econ as much as I can :( College sucks.
@mohamedabdullahi1081
@mohamedabdullahi1081 7 жыл бұрын
Retro Controller dude how are you doing now?
@YoriNguyen-i3g
@YoriNguyen-i3g 3 ай бұрын
Dam! Easier to understand than hearing my teacher for 1 hour and a half :))
@Siouxjin
@Siouxjin 12 жыл бұрын
Holy smoke! Great video, thank you economicsfun and God bless the internet!
@Childrensmathes
@Childrensmathes 4 жыл бұрын
All my doubts clarified.I will give you 100 out of 100.Thank you very much.P Siva Rao.India.
@economicsfun
@economicsfun 12 жыл бұрын
While the tag line is "party more study less" the idea is to help students do something other than study. It could me rock more study less, dance more study less... so on and so forth. Make sure you like MyBookSucks on FaceBook, you can see the link in the video description. This will help me spread the word about the educational videos.
@souechea1078
@souechea1078 10 жыл бұрын
these videos very helpful and understandably rather than study with my non-experience teacher. Thanks for these video
@Vc-pq1nf
@Vc-pq1nf 11 жыл бұрын
just logged in to say a massive thank!!!!
@economicsfun
@economicsfun 12 жыл бұрын
I added a link to the playlist in the video description. This should help you.
@economicsfun
@economicsfun 12 жыл бұрын
You are very welcome. I have maintained that economics lends itself to animation.
@economicsfun
@economicsfun 13 жыл бұрын
@shinenot More to come! Appreciate the feedback.
@muhammadazamreshad1108
@muhammadazamreshad1108 3 жыл бұрын
Which program are you using for movment of lines of graph Please tell me
@abdullahiabdulkareem4844
@abdullahiabdulkareem4844 Жыл бұрын
God bless you 💯💯❤❤❤ I love explanations. Understand more better now
@economicsfun
@economicsfun 11 жыл бұрын
Great to hear... I am building website that is much easier to navigate than KZbin. I am working on a series of videos on Consumer Theory and will include some discussion on how demand curves are built -- good idea.
@amabohenry5153
@amabohenry5153 4 жыл бұрын
Simple , clear and concise.
@angelinalim780
@angelinalim780 10 жыл бұрын
Oh my god I actually understand.
@ManojMishra-sr6hn
@ManojMishra-sr6hn 2 жыл бұрын
Very nice n attractive teaching with clear concepts to the learner . It is good step for you as well as learners . Continue with the same spirit . 👌👍
@economicsfun
@economicsfun 12 жыл бұрын
Great to hear and I appreciate the feedback.
@FinialPops
@FinialPops 12 жыл бұрын
Thanks for your videos! I'm using them to study for my Economics midterm.
@AsgharKhan-fd1ul
@AsgharKhan-fd1ul 12 жыл бұрын
I love ur Calculus methodology. please post more videos
@ZainKhan-xy7hi
@ZainKhan-xy7hi 8 жыл бұрын
You are far better than I must say the best compare to other clowns here who are jst desperate for like hits and counting time on videos that how quickly they can explain the material . Real teacher is the one who thinks from student perspective which you realy did rather than be fast and flip through power point slides and explaining in 60 seconds. You are genuinely trying to help students please keep up good work god bless.
@Hollylovesbeauty7
@Hollylovesbeauty7 9 жыл бұрын
Where have you been all semester? Watching your videos and preparing for my final. Great video!
@economicsfun
@economicsfun 9 жыл бұрын
Hollylovesbeauty7 Happy you found my channel before your semester ended. Hopefully you will like, share, subscribe, If you get a chance could you please like our FB page. www.FaceBook.Com/PartyMoreStudyLess It will help others find the videos.
@adeeep
@adeeep 5 жыл бұрын
I can't thank you enough you are genius
@SharanuEconomics222
@SharanuEconomics222 7 жыл бұрын
Nice and perfect explanation about out put Determination in perfect competition market Thank you Sir I like Your explanation style
@economicsfun
@economicsfun 12 жыл бұрын
You are very welcome from Kansas City, USA! I have been to Italy many many times. Great to hear that my videos are helping Italians. Make sure you like MyBookSucks on Facebook (see link in the video description). This will help Italians and others find the educational videos. Ciao, a presto. Grazie!
@jaitehkaba8753
@jaitehkaba8753 6 жыл бұрын
Much better than my Econ prof.
@hamidb6344
@hamidb6344 5 жыл бұрын
This is a great and simplified explanation. very helpful. Thank you very much
@shubhamchouhan2418
@shubhamchouhan2418 5 жыл бұрын
Thanks a lotttttt brother.
@MeLoveParisHilton
@MeLoveParisHilton 13 жыл бұрын
Thanks for the videos, had 1 day to learn whole course and you really helped :)
@AaliyaKhan
@AaliyaKhan 12 жыл бұрын
If there is a constant marginal cost per unit for the producer, he sells any amount of goods provided the price per unit is the given MC or more, yes?
@ramitachaurasiya6823
@ramitachaurasiya6823 5 жыл бұрын
The way of making this video is awesome can you please tell me the name of software you have used for this video?
@rogermichaeltx
@rogermichaeltx 12 жыл бұрын
Very clear explanations and graphs! Thanks!
@economicsfun
@economicsfun 12 жыл бұрын
Thanks for the feedback. Make sure you like MyBookSucks on Facebook. You can see the direct link in the description of the video.
@shristibaranwal796
@shristibaranwal796 5 жыл бұрын
It helped me a lot.. thank you very much😄
@domenica369
@domenica369 10 жыл бұрын
This helped me understand so much better!
@umibrahim3564
@umibrahim3564 4 жыл бұрын
Awesome explanation on KZbin
@panchamirai3903
@panchamirai3903 5 жыл бұрын
Thank you so much sir 🙏 your video really helped me
@kiml255
@kiml255 9 жыл бұрын
Thanks so much for these videos! They are truly helping with my online economics class so much and improved my scores. So glad I found these, Thanks again!
@shakthithanush
@shakthithanush 5 жыл бұрын
Very clear explanation.... Thank you so much...
@MIbtehajKhan
@MIbtehajKhan 7 жыл бұрын
i think you should be my teacher, AWESOME SIR!!!!
@seddiqaredha1562
@seddiqaredha1562 5 жыл бұрын
Thank you great presentation , may I ask you what program did you use to illustrate the topic?
@sabinamulalambuka3065
@sabinamulalambuka3065 5 жыл бұрын
Excellent tutor👌👍
@heraclischristofi7228
@heraclischristofi7228 11 жыл бұрын
Thanks for the tour. Was very helpful and understandable.
@Mhiltzify
@Mhiltzify 13 жыл бұрын
Thanks a lot, learning from this material is lot more easier... keep it up!!
@economicsfun
@economicsfun 11 жыл бұрын
Thank you very much! Make sure you like MyBookSucks on FaceBook (see link in video description). This will help others find the educational videos.
@noxarsa6846
@noxarsa6846 5 жыл бұрын
the video helps a lot but the perfect market doesnt make economic profit, only normal profit in the long run. please correct me if im mistaken
@uluvmycrazymind07
@uluvmycrazymind07 8 жыл бұрын
You make reading graphs seems so easy!!!
@VicSMeIsTeR
@VicSMeIsTeR 6 жыл бұрын
Great, you have my sincere "Thank-you"!
@bhopapandu8300
@bhopapandu8300 6 жыл бұрын
I try to share this video more and more it helpfull
@economicsfun
@economicsfun 12 жыл бұрын
Well, thank you misspumpkin for such a nice compliment. Make sure you like MyBookSucks on FaceBook. This will help others find the educational videos (see video description for link).
@Sparks29857
@Sparks29857 9 жыл бұрын
Thank you so much, your video was very clear and concise. One question though, why does the MR curve become negative? How do you make a negative revenue?
@economicsfun
@economicsfun 9 жыл бұрын
Scrippy Chicken It is the change in revenue that is negative. That would mean a decreasing revenue not a negative revenue. Make sense?
@Sparks29857
@Sparks29857 9 жыл бұрын
Economicsfun Yes, thank you very much!
@serinacat4781
@serinacat4781 7 жыл бұрын
very clear, wise I could see this earlier
@FreshTown15
@FreshTown15 12 жыл бұрын
Great Video, very well made
@daughterdiary
@daughterdiary 9 жыл бұрын
this really very good video. thank you very much
@economicsfun
@economicsfun 9 жыл бұрын
Kazi Md. Nurul Karim You are very welcome. If you get a chance like on FB (www.FaceBook.Com/PartyMoreStudyLess), share, like the videos, and subscribe. It helps others find the videos.
@nusratanj7196
@nusratanj7196 Жыл бұрын
How can i distinguish the accounting profit and Economic profit from this curve?
@PradeepChandy
@PradeepChandy 11 жыл бұрын
this is grreat. Which software do you use?
@junaidshaikh5513
@junaidshaikh5513 6 жыл бұрын
incredible teaching..
@adwiseconsulting
@adwiseconsulting 5 жыл бұрын
Awesome! Loved it 😍
@szekeing904
@szekeing904 4 жыл бұрын
Thanks a lot, bcuz of u totally understand😍
@tehaniaedirisinghe6682
@tehaniaedirisinghe6682 10 жыл бұрын
Thank you so much for this. Helps a lot
@shebeerahammed123
@shebeerahammed123 3 жыл бұрын
what's the name of the software have you used for creating this video
@deniel1215
@deniel1215 6 жыл бұрын
This video is really helpful!Thank you so much!!
@meenakshivaish5057
@meenakshivaish5057 6 жыл бұрын
Very nice video sir , thank you so much
@NikaMM89
@NikaMM89 12 жыл бұрын
Thank you so much! Very clear explanation!
@hammerhead19able
@hammerhead19able 10 жыл бұрын
Awesome!! Thank you! Very helpful!
@economicsfun
@economicsfun 10 жыл бұрын
Thor Hamm You are very welcome! Hopefully you will like, share, subscribe, If you get a chance could you please like our FB page. www.FaceBook.Com/PartyMoreStudyLess It will help others find the videos.
@nklpapa1
@nklpapa1 Жыл бұрын
Excellent 👌
@xxczerxx
@xxczerxx 5 жыл бұрын
So AVC is only relevant to (short term) shut-down decisions?
@RosaliaFotolela
@RosaliaFotolela 9 жыл бұрын
Perfect work...very useful
@economicsfun
@economicsfun 9 жыл бұрын
+Rosalia Fotolela Thank and your words are much appreciated. Hopefully you can like and share the videos so other students can find them.
@RakeshKumar-zx7ot
@RakeshKumar-zx7ot 4 жыл бұрын
which app you have used to describe this topic?
@jonnyboi5963
@jonnyboi5963 9 жыл бұрын
if i want to cite a reference from an article or book, is there any suggestions where i can find ,
@shinenot
@shinenot 13 жыл бұрын
Wow, great video! Keep it up!
@PRABHATP77
@PRABHATP77 9 жыл бұрын
This is a very good video. Thank you. Could you please let me know which software you used to make this video?
@economicsfun
@economicsfun 9 жыл бұрын
Prabhat P I use a lot of different software including adobe flash, illustrator, final cut, garage band and a few others. Each minute of video takes about 8 hours to put together.
@TheWeirdologist
@TheWeirdologist 8 жыл бұрын
I admire your dedication! You've helped thousands of students worldwide.
@Gemechuwerkine
@Gemechuwerkine 28 күн бұрын
Wow that's great
@hennyg9366
@hennyg9366 7 жыл бұрын
It's a bit fast but it really makes sense, thanks!
@SibandiMubita
@SibandiMubita 9 ай бұрын
Good explanation
@pranavmhaske0911
@pranavmhaske0911 4 жыл бұрын
GREAT MAN
@aigulzhaparova12
@aigulzhaparova12 4 жыл бұрын
God save such people as you
@hercules-atlas
@hercules-atlas 3 жыл бұрын
Amazing👏
@akngumus3933
@akngumus3933 5 жыл бұрын
I signed in to thank you.
@LuyandaNkosi-vo9tg
@LuyandaNkosi-vo9tg 9 ай бұрын
The explanation in point forma
@周炜-b2z
@周炜-b2z 11 жыл бұрын
that's good, helpful and useful !
@Avante123able
@Avante123able 11 жыл бұрын
Simply Awesome!!! Thanks a ton!
@giovannaporcino
@giovannaporcino 11 жыл бұрын
This is awesome!!
@umerwajahat5772
@umerwajahat5772 5 жыл бұрын
This video was so fucking good. Concept cleared!!
@mdsiam9687
@mdsiam9687 6 жыл бұрын
Yeh now I get understand. Thank you so much
@kamarazali253
@kamarazali253 10 жыл бұрын
thank , may god bless you ! it help a lot !
@economicsfun
@economicsfun 12 жыл бұрын
Wonderful to hear and your feedback is much appreciated. Make sure you like MyBookSucks on FaceBook (see link in video description). This will help others find the educational videos.
@drallisimo34
@drallisimo34 9 жыл бұрын
great lesson!!!
@CamarenaRacing
@CamarenaRacing 11 жыл бұрын
kickass video
@economicsfun
@economicsfun 10 жыл бұрын
Thanks appreciate that.
@balqishaida2391
@balqishaida2391 4 жыл бұрын
Thank you💐
@economicsfun
@economicsfun 12 жыл бұрын
Thank you very much.
@mayurameemanage9938
@mayurameemanage9938 9 жыл бұрын
very usefully for my test
@economicsfun
@economicsfun 9 жыл бұрын
Mayura Meemanage Great to hear.. (www.Facebook.Com/PartyMoreStudyLess)
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