Price Elasticity of Supply

Поділитися
Вставка
  • Опубліковано 19 січ 2025

КОМЕНТАРІ • 181

  • @finisher489
    @finisher489 10 років тому +41

    This guy is an outstanding teacher and is so concise and clear. He teaches you so much in just 7 mins.

    • @thisevinj
      @thisevinj 9 років тому

      +finisher489 is he teaching at university?

  • @Eutait
    @Eutait 13 років тому +1

    Just to be clear here... I've made my peace with not going to class anymore and learning the material by myself, given the absolutely horrible teacher I have (and I'm sure this is true for many other students). You've cemented this through your incredibly well-explained videos. I feel at ease knowing that while I may not be at school, I am maximizing my learning time (which, thanks to you, has drastically decreased) thanks to your videos.
    Thank you so very much.

  • @jin37uk
    @jin37uk 11 років тому

    I'd just like to say a big thank you. I used these videos during my time at university a few years back, and thanks to you I was able to obtain First Class Honours in Economics. Couldn't have done it without you :)

  • @ironbeast6
    @ironbeast6 14 років тому

    Mr. Holden, you are an exceptional tutor, you help clear up items that my lecturers in university gloss over.

  • @emmavermeulen5272
    @emmavermeulen5272 11 років тому

    Sir, you have just made me fully understand what my teacher is been trying to teach me in half a year. Huge thanks from Holland!

  • @indiefilms111
    @indiefilms111 11 років тому

    OmG thank you. i toally have only a few minutes to complete my homework and i couldnt grasp from the book. I wished you were my professor..so i am adopting you via youtube as my professor. you're the BEST .. i don't know how i would learn this without this yt video

  • @paulinhojc7546
    @paulinhojc7546 9 років тому +11

    Best economics teacher I've ever had, and he's on UA-cam😂

  • @xbebex05
    @xbebex05 15 років тому

    You are a great teacher! I always got confused at University when teachers started talking about PES. But after I watched this video I even learned more than following an hour of Microeconomics lecture...

  • @arsenalmanz
    @arsenalmanz 14 років тому

    wooow over the past few weeks you've helped me understand economic consepts so much better!!-i used to get 14/25 in my economics mocks but now i get over 20!! last mock we had i got 23/25 and of the answer that i got wrong in that mock was because of a simple miscalculaion-you are the best!!!!

  • @shadowkitty1988
    @shadowkitty1988 15 років тому

    Thank you so much for all your videos! I'm at University and taking a microeconomics course---and your videos are great at explaining what I did not understand, and wonderful for giving me a review.
    The videos have helped me to ace my first exam. Thanks! :)

  • @TinaMarie1
    @TinaMarie1 11 років тому

    OMG I spent 3 days and shed many tears over price elasticity of supply. I watched your 7 minute video and I get it so much better than 30 hours of studying. Thank you. I just wish you went a bit slower. I had to rewind many times.

  • @purculime
    @purculime 15 років тому

    You are an amazing teacher. Thank you so much for posting these videos. I'm a student at what suposedly is the best economics academy of Romania, ASE, in the international economics relationships section. And I must say that my current macroeconomics teacher is the tipe of woman that just shows up for us to see her talking without saying anything useful (I'm not her only student with this opinion). You are amazing, wish you were my teacher!

  • @XinTian100
    @XinTian100 13 років тому

    Thank you so much for these GREAT videos!in Egypt the resources are limited,but you made it very easy for me to understand the concepts,you really are THE BEST!keep posting more pleassssse.wish you billions of blessing!!

  • @gabrielmeurerwilde
    @gabrielmeurerwilde 10 років тому +8

    Paj Holden! What a man. women want him. Men want to be him! Such economic knowledge he helped my A level class and teacher infinitely!

  • @indiefilms111
    @indiefilms111 11 років тому

    my teacher didnt even give us a formula. this is AWESOME. i have a new notebook with notes from your yt videos to help me

  • @kong11232
    @kong11232 13 років тому

    Sir, on behalf of my school which is half away across the globe I would like to say thank you. Without your notes I would never had gotten an A* For IGCSE Economics!

  • @jbmohan
    @jbmohan 15 років тому

    All of your resources are just GREAT! It's clear and concise...EXCELLENT resource for students...consider uploading on iTunes.

  • @steelblade310
    @steelblade310 12 років тому

    you've given me confidence by helping me out sir! May God bless you. thank you for uploading!

  • @trinisce
    @trinisce 16 років тому

    I have an exam tomorrow, and this is helping soooo much. Absolute life saver!

  • @kong11232
    @kong11232 12 років тому

    Sir, I have my AS economics Multi Choice exam tomorrow and I would like to say thank you very much for not putting up any ads at all on your videos. I will repeat my success last year by reviewing all of your notes again =D

  • @julianwan607
    @julianwan607 8 років тому +2

    This guy taught me more in 7 minutes than my teacher taught for 20 hours at school.
    #Respect

  • @tipplegend99
    @tipplegend99 15 років тому

    Got my Leaving Cert Economics exam tomorrow, these are really helpful, tanx a milllion.

  • @olgadelgadillo9170
    @olgadelgadillo9170 10 років тому

    Thank you! Very helpful! I was very lost at first but your video made it easier to understand. Had to see you video a few times but it really help. Thank you!

  • @purculime
    @purculime 15 років тому

    By the way, I want you to know that I've submited your videos to stumbleupon in order to give more people the posibility to enjoy your videos. Thank you once more!

  • @laronantungwana9934
    @laronantungwana9934 9 років тому

    i listen to him for most of my economics content,shall a great help.thanks a lot sir

  • @OmgItsIce
    @OmgItsIce 13 років тому

    I have an econ final next week, this is going to help me so much!
    Thanks for the Videos!

  • @leonard740
    @leonard740 15 років тому

    ur the best i have ever seen......ur better than our teachers in school

  • @xUKzR3VOlluTiONz
    @xUKzR3VOlluTiONz 13 років тому

    basically my economics teacher is boring and less intellectual than you and you've helped me get through my A levels thankyou!!

  • @bangtongyik8723
    @bangtongyik8723 6 років тому

    Thank you so much for more illustration in the PES. You make it really clear

  • @md06783
    @md06783 2 роки тому

    Sir!! I have to thank you again - that rule @1:35 made it soooo much easier to remember!!

  • @Kachaloo
    @Kachaloo 15 років тому

    GOd, you are soo good. You make things so much easier. Thanks a world. Wish you were my prof. Please keep updating more videos.

  • @TopGearrules
    @TopGearrules 13 років тому

    Thank you sooo much for this video, really needed my understanding of PES and elasticity cleared up and you have certainly done this! Thank you!!!

  • @jameywright9822
    @jameywright9822 9 років тому

    you are the reason why I am passing microeconomics..... I love you

  • @ko95
    @ko95 8 років тому

    Thank you so much! Extremely comprehensible and insightful teaching!

  • @Doves8
    @Doves8 16 років тому

    This was excellent as usual. I too have been hoping you would do this to round out the "elasticity" segment of micro

  • @milemead
    @milemead 15 років тому

    y do i learn more from a 7 min clip than an hour lesson lol, ur a legend.

  • @zulay7610
    @zulay7610 11 років тому

    Very helpful. I wish you were my teacher. LOVE your videos!

  • @WOGI5M
    @WOGI5M 15 років тому

    Thanks so much for this. I was stuck on PES, but you have clarified it for me.

  • @xDropless
    @xDropless 13 років тому

    you really helped my friends and I with your videos KEEP IT UP!!!!

  • @athenkosinzala7252
    @athenkosinzala7252 10 років тому

    this really helped me a lot, thank you, please do not stop.

  • @plcltd
    @plcltd 15 років тому

    Man, your channel is a life saver! Thanks so much

  • @sanelisiwenkosi7749
    @sanelisiwenkosi7749 9 років тому

    thank you, you have really helped me, i was really confused with this whole thing but now i have a greater idea of whats happening.

  • @domokun92
    @domokun92 15 років тому

    10:50 PM with a 10 minute oral due tomorrow on this very topic which I have not started
    Right now, you are my god.

  • @ezekiels8064
    @ezekiels8064 6 років тому

    wow.. you explained it in a very simple way ... thank u sir..

  • @mahakeem110
    @mahakeem110 15 років тому

    Your lecture clearly elaborates the meaning it would be more useful and easy to put into our brains if you use simple examples...Thank you.

  • @richardgordon
    @richardgordon 4 роки тому

    Amazing what a talented teacher with a chalkboard can teach you!

  • @rollmosses1351
    @rollmosses1351 6 років тому

    Nice video, thanks. My teacher loves to show us your videos

  • @madlife7274
    @madlife7274 10 років тому +3

    wow... if this was my teacher... i would probably get an Grade A.... thanks teacher ....

  • @danyoung9321
    @danyoung9321 11 років тому

    Fantastic video, very helpful clear and easy to follow.

  • @xAnotherRandomNamex
    @xAnotherRandomNamex 9 років тому

    Big up Paj, helping me through AS econ

  • @npmmurshid
    @npmmurshid 14 років тому

    Excelente way to understanding the economics it's helps me to understand very easy.
    thx

  • @Karousha
    @Karousha 15 років тому

    Thanks for everything i learn alot from these clip i'm at college u make thing easy thank u

  • @BoostedMotorsports
    @BoostedMotorsports 16 років тому

    Thanks once again! hopefully you have a video through all the chapters in my book :)

  • @bikenoobcircle
    @bikenoobcircle 10 років тому

    very clear and straight to point. Thanks a lot, student from sg.

  • @CassandraTheCanadian
    @CassandraTheCanadian 11 років тому

    You're the man. Cheers from Canada

  • @tendairichardgurure5457
    @tendairichardgurure5457 7 років тому

    thanks a loooot, I was about to give up on Economics when this showed up.

  • @the_rea5223
    @the_rea5223 13 років тому

    it is very clear and easy to understand especially for a student with no basics. My lecturer should be replace!! =)

  • @emd514
    @emd514 12 років тому

    Such clear explanations. This really helped. Thank you!

  • @reetubiotech
    @reetubiotech 13 років тому

    very informative in simple sentences...........thank u

  • @nicholasbellizzi6915
    @nicholasbellizzi6915 11 років тому

    Thank you for clarifying what the author of my text has so horribly attempted to explain over the last 20 pages or so.

  • @acdc792
    @acdc792 12 років тому

    thanks, you are way better than my teacher!

  • @VAHIK87
    @VAHIK87 14 років тому

    Brilliant thank you very much please keep uploading videos.trust me people will talk about you sooooooon.:)))))

  • @LasithaRandunu
    @LasithaRandunu 9 років тому

    Phil, thanks very much and watch many of your as soon as possible (y)
    hope i'll be able to do something in today's Econ paper..... you are a amazing teacher (y)

    • @mijaco999
      @mijaco999 9 років тому +1

      ***** Good luck. I got my Econ 1 paper (AQA) on Monday... he's been really useful

  • @nguyendactung
    @nguyendactung 13 років тому

    In Supply, I think you should mention more about supply in short-run and Long-run.
    Some kind of commodity goods like Oil, Gas, Gold...etc, in short-run they can be so inelastic but when the price keeps increasing, in long-run, due to the improvement or investment in extraction of these industries, the Supply will become more elastic.

  • @andreasalayzae
    @andreasalayzae 15 років тому

    thank you very much for doing these videos, they are very helpfull

  • @Bleuzman1
    @Bleuzman1 11 років тому

    Help me a lot for the exam!!
    Thank you sir!!

  • @hgaillet1
    @hgaillet1 13 років тому

    Thank you so much!!! I am not going to fail econ because of you!

  • @dontsleep-.-
    @dontsleep-.- 8 років тому

    great teacher that's what you are sir, thank you!

  • @Kadderin
    @Kadderin 14 років тому

    Thank you so much :D My teacher had a little difficulty getting these points across!

  • @sjiawan
    @sjiawan 10 років тому +2

    Thanks a lot professor! You really helped me out :)

  • @yunus123456789
    @yunus123456789 15 років тому

    your the best man , thanks keep uploading videos

  • @tahsinanan147
    @tahsinanan147 6 років тому

    Want more videos from him over econimics.Thank you

  • @blazemk
    @blazemk 12 років тому

    I wish i found him while I was doing my IGCSE but im still im glad i found him while doing IB :)

  • @ravensuichiro03
    @ravensuichiro03 14 років тому

    thank you mister!you help me understand my midterms..hehe...

  • @97Clyde
    @97Clyde 12 років тому

    Thank You good sir for explaining this to me in such an easy way :D

  • @yuko007
    @yuko007 15 років тому

    If I could, I would give this video ten stars.

  • @boyofthestreets
    @boyofthestreets 8 років тому +9

    Thanks man! you are better than my teaacher lol

  • @maxairtube001
    @maxairtube001 15 років тому

    Thanks you. It really helped. You are the MAN.

  • @vietnamcustomersuccess
    @vietnamcustomersuccess 10 років тому

    Super helpful. Thank you teacher.

  • @xazngiirlx
    @xazngiirlx 14 років тому

    umm what about perfectly elastic or inelastic supply? how do u know when thats the case? is it when the value is 0 or infinity?

  • @bowlste
    @bowlste 15 років тому

    thanx again for a superb video- do you think you could make a short clip on what the Price Mechanism actually is and how it works please?
    thanks :) A*

  • @sakiffarhan8790
    @sakiffarhan8790 11 років тому +1

    NO, THANK YOU FOR TEACHING US!

  • @taconight2night
    @taconight2night 13 років тому

    But what if it passes through the origin (0,0) but is rather steep or shallow? Couldnt it be either elastic or inelastic, then?

  • @fszyx
    @fszyx 12 років тому

    Amazing video!!! Thank you so much for helping me out!!

  • @SheenaSodha
    @SheenaSodha 16 років тому

    Just subscribed to your blog! Thanks!

  • @anselmsim
    @anselmsim 16 років тому

    I'm sorry Pajholden but I have a question I wish you would answer.
    I heard that at every single point of the supply curve, the price elasticity of supply value is different. In the case of T-shirts, maybe the value 4 is only for a percent change in price of Tshirts which leads to a 4 percent rise in quantity supplied of the T-shirts.
    Assuming there is really a 10 percent fall in price of Tshirts, the fall in quantity supplied may not be 40 percent. Am I correct? Please answer =)=)

  • @anselmsim
    @anselmsim 16 років тому

    What I mean is that when Price fall for a price elastic supply curve, there will be an increase in the PES value. Is it true?

  • @adawnmachacek
    @adawnmachacek 11 років тому

    Awesome!! Thanks so much for the explanation!!

  • @JasonA12345
    @JasonA12345 13 років тому

    Superb teachings, thank you very much!

  • @khiemeyer
    @khiemeyer 15 років тому

    got my exam tomorrow.. This really helps!

  • @Bleuzman1
    @Bleuzman1 11 років тому

    Huge thank from Hong Kong

  • @pajholden
    @pajholden  15 років тому

    They don't have to know, but it might help them predict the impact on sales in a recession or boom I suppose.

  • @DominiquedeJong1994
    @DominiquedeJong1994 8 років тому

    I have a question:
    In the video he says a agricultural market is inelastic. Which sound logic to me. But in my economic lessons I learned that a agricultural market is part of a perfect competition, and a perfect competition is always elastic.
    Can someone explain to me how that works than?

  • @camroberts1
    @camroberts1 13 років тому

    what factors will effect price elasticity of supply?

  • @TheLifeYouGave
    @TheLifeYouGave 12 років тому

    Your blog no longer exists...what are we to do? Please bring it back!

  • @llDeathll
    @llDeathll 15 років тому

    great teacher just great great great

  • @Truthpolice9698
    @Truthpolice9698 14 років тому

    What about the mid point formula?

  • @delaarat785
    @delaarat785 12 років тому

    you are simply the best :) would you really provide skype lessons ???

  • @captbax313
    @captbax313 15 років тому

    this video is wonderful, thank you for sharing

  • @fredoginga456
    @fredoginga456 9 років тому

    Thank you, I got it, it's so important