Price Elasticity of Supply

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  • Опубліковано 7 жов 2024
  • What PES means, how PES is calculated, how PES values are interpreted and what is it about the supply of a good that give it its elasticity of supply.

КОМЕНТАРІ • 181

  • @finisher489
    @finisher489 9 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 8 років тому

      +finisher489 is he teaching at university?

  • @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!

  • @Eutait
    @Eutait 12 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.

  • @ironbeast6
    @ironbeast6 14 років тому

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

  • @paulinhojc7546
    @paulinhojc7546 8 років тому +11

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

  • @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 :)

  • @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!

  • @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...

  • @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

  • @arsenalmanz
    @arsenalmanz 13 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!!!!

  • @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.

  • @kong11232
    @kong11232 12 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!

  • @julianwan607
    @julianwan607 7 років тому +2

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

  • @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

  • @shadowkitty1988
    @shadowkitty1988 14 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! :)

  • @trinisce
    @trinisce 15 років тому

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

  • @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!!

  • @steelblade310
    @steelblade310 12 років тому

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

  • @xUKzR3VOlluTiONz
    @xUKzR3VOlluTiONz 12 років тому

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

  • @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!

  • @jbmohan
    @jbmohan 14 років тому

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

  • @laronantungwana9934
    @laronantungwana9934 9 років тому

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

  • @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!

  • @tipplegend99
    @tipplegend99 15 років тому

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

  • @bangtongyik8723
    @bangtongyik8723 5 років тому

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

  • @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

  • @ko95
    @ko95 7 років тому

    Thank you so much! Extremely comprehensible and insightful teaching!

  • @jameywright9822
    @jameywright9822 9 років тому

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

  • @md06783
    @md06783 2 роки тому

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

  • @TopGearrules
    @TopGearrules 12 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!!!

  • @milemead
    @milemead 14 років тому

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

  • @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.

  • @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

  • @npmmurshid
    @npmmurshid 14 років тому

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

  • @athenkosinzala7252
    @athenkosinzala7252 10 років тому

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

  • @madlife7274
    @madlife7274 10 років тому +3

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

  • @zulay7610
    @zulay7610 11 років тому

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

  • @WOGI5M
    @WOGI5M 14 років тому

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

  • @tendairichardgurure5457
    @tendairichardgurure5457 7 років тому

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

  • @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!

  • @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.

  • @bikenoobcircle
    @bikenoobcircle 10 років тому

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

  • @Karousha
    @Karousha 14 років тому

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

  • @mahakeem110
    @mahakeem110 14 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.

  • @plcltd
    @plcltd 15 років тому

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

  • @richardgordon
    @richardgordon 3 роки тому

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

  • @emd514
    @emd514 11 років тому

    Such clear explanations. This really helped. Thank you!

  • @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.

  • @Doves8
    @Doves8 15 років тому

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

  • @xDropless
    @xDropless 13 років тому

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

  • @rollmosses1351
    @rollmosses1351 6 років тому

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

  • @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.

  • @dontsleep-.-
    @dontsleep-.- 7 років тому

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

  • @ezekiels8064
    @ezekiels8064 6 років тому

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

  • @yuko007
    @yuko007 14 років тому

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

  • @acdc792
    @acdc792 12 років тому

    thanks, you are way better than my teacher!

  • @danyoung9321
    @danyoung9321 11 років тому

    Fantastic video, very helpful clear and easy to follow.

  • @CassandraTheCanadian
    @CassandraTheCanadian 11 років тому

    You're the man. Cheers from Canada

  • @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!! =)

  • @andreasalayzae
    @andreasalayzae 15 років тому

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

  • @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

  • @hgaillet1
    @hgaillet1 13 років тому

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

  • @BoostedMotorsports
    @BoostedMotorsports 15 років тому

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

  • @maxairtube001
    @maxairtube001 15 років тому

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

  • @Bleuzman1
    @Bleuzman1 10 років тому

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

  • @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 :)

  • @xAnotherRandomNamex
    @xAnotherRandomNamex 9 років тому

    Big up Paj, helping me through AS econ

  • @sjiawan
    @sjiawan 10 років тому +2

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

  • @boyofthestreets
    @boyofthestreets 8 років тому +9

    Thanks man! you are better than my teaacher lol

  • @97Clyde
    @97Clyde 11 років тому

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

  • @tahsinanan147
    @tahsinanan147 5 років тому

    Want more videos from him over econimics.Thank you

  • @reetubiotech
    @reetubiotech 12 років тому

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

  • @adawnmachacek
    @adawnmachacek 11 років тому

    Awesome!! Thanks so much for the explanation!!

  • @Bleuzman1
    @Bleuzman1 10 років тому

    Huge thank from Hong Kong

  • @yunus123456789
    @yunus123456789 14 років тому

    your the best man , thanks keep uploading videos

  • @nguyendactung
    @nguyendactung 12 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.

  • @fszyx
    @fszyx 11 років тому

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

  • @Kadderin
    @Kadderin 13 років тому

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

  • @sakiffarhan8790
    @sakiffarhan8790 11 років тому +1

    NO, THANK YOU FOR TEACHING US!

  • @VAHIK87
    @VAHIK87 14 років тому

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

  • @fredoginga456
    @fredoginga456 9 років тому

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

  • @khiemeyer
    @khiemeyer 15 років тому

    got my exam tomorrow.. This really helps!

  • @vietnamcustomersuccess
    @vietnamcustomersuccess 10 років тому

    Super helpful. Thank you teacher.

  • @ravensuichiro03
    @ravensuichiro03 13 років тому

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

  • @KV--gj6ig
    @KV--gj6ig 9 років тому +1

    in 7 min I understood more than from a week of book practice

  • @JasonA12345
    @JasonA12345 12 років тому

    Superb teachings, thank you very much!

  • @Wrckless
    @Wrckless 13 років тому

    THANK YOU! This was a huge help!

  • @llDeathll
    @llDeathll 15 років тому

    great teacher just great great great

  • @bejnet
    @bejnet 13 років тому

    you explain so well. thanks

  • @nicholaslyon8783
    @nicholaslyon8783 7 років тому +4

    I've commented on this video to prove to Mr Gledhill that I have revised and that he shouldn't give me a minus

  • @captbax313
    @captbax313 14 років тому

    this video is wonderful, thank you for sharing

  • @blablagoogla
    @blablagoogla 10 років тому +4

    you are a god

  • @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.

  • @RangaReaper
    @RangaReaper 12 років тому

    Best Cambridge Study Evarrrr

  • @01baker
    @01baker 12 років тому

    just what i needed!

  • @chedbeckford8067
    @chedbeckford8067 11 років тому

    Really helpful much appreciated

  • @paidamichelle754
    @paidamichelle754 9 років тому +1

    thank you!!
    watching in 2015

  • @RBAFleet
    @RBAFleet 15 років тому

    thanks, this help me a lot!

  • @SheenaSodha
    @SheenaSodha 15 років тому

    Just subscribed to your blog! Thanks!