Production Possibilities Curve Review

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  • Опубліковано 1 гру 2024

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  • @foxiroonie91210
    @foxiroonie91210 9 років тому +2638

    thank you for not giving up videos to make hats

  • @SabRinouch94
    @SabRinouch94 9 років тому +933

    I love you. Seriously. My teacher needs a 50 slides powerpoint just to explain this, THANK YOU !!!

  • @anushamadhusudanan
    @anushamadhusudanan 6 років тому +378

    It’s my third week in Econ and you taught me what my teacher has been dragging out for THREE weeks in the first three minutes

    • @PERK-30
      @PERK-30 4 роки тому +3

      Durka durka

    • @WumblesS
      @WumblesS Рік тому +3

      my professor linked us this video and im grateful

    • @rovercoupe7104
      @rovercoupe7104 11 місяців тому +3

      Here’s a secret. Teachers have to drag out things. You don’t need to study for so long. It’s all about funding. Why do you think you go on field trips? M.

    • @kiwike007
      @kiwike007 Місяць тому

      Haha same

  • @Vikramjit13579
    @Vikramjit13579 9 років тому +297

    you're overwhelmingly lively. I like your teaching.

  • @aaronrayk
    @aaronrayk 8 років тому +522

    im convinced he does the funny parts because he knows were childish becus we cant grasp the material the first time in class 😂😂

  • @matimukhosa1514
    @matimukhosa1514 8 років тому +103

    Thanks. you saved me being a first year student and not having done Ecos in high school. Thanks Buddy. Keep on doing what your doing.

  • @malishalefave7428
    @malishalefave7428 Рік тому +8

    This is my first experience in an ECON class and this video was way more helpful than the first 2 chapters of my book. Thank you for the great content and helping me better understand my learning material.

  • @judykong7663
    @judykong7663 10 років тому +127

    LOL. I'm studying for my final exam on Tuesday and you are making it a breeze! Thank you so much for being very detailed and thorough, yet simplifying the concepts for me so that I'll be able to cram two days before. You rock! Keep up with the great work.

    • @monikaraina6231
      @monikaraina6231 6 років тому +3

      Judy Kong how did those exams go ?

    • @rayanamir6565
      @rayanamir6565 6 років тому +3

      @@monikaraina6231 im guessing not well

    • @judykong7663
      @judykong7663 3 роки тому +8

      @Clingo🦎 For it being 6 years ago I don't remember, but I did graduate from university and am working full-time so if that tells you anything xD

    • @judykong7663
      @judykong7663 3 роки тому

      @@monikaraina6231 Eh, I survived LOL

    • @judykong7663
      @judykong7663 3 роки тому

      @@rayanamir6565 You're not wrong.

  • @elitetech7728
    @elitetech7728 9 років тому +343

    KEY TERMS IN THIS VIDEO:
    1. Opportunity Cost
    2. Scarcity
    3. Trade-offs
    4. Constant Opportunity Cost
    5. Increasing Opportunity Cost -> When you use all your resources for one crop it will benefit, but not without the expense of the diminishing of the other crop.

  • @hayribahar8637
    @hayribahar8637 2 роки тому +32

    You are out there proving that it's not always the student who is the idiot, sometimes it's the professor that can't teach it properly. Thank you so much for your explanations 👍🏻

    • @CD-lp3fh
      @CD-lp3fh 3 місяці тому

      Yea man havent understood anything my teacher said for the past months but this video explain everything nicely

  • @ibissoooohard
    @ibissoooohard 2 місяці тому +4

    Omg this video is from 10 years ago but it’s helping me sm.! I subscribed u! I have a econ exam next week and this helps me a lot. Thank you so much

  • @laurenford3848
    @laurenford3848 7 років тому +1

    SAVING MY LIFE. These videos are gold... so confused in an online class and my professor recommended these videos and now it all makes sense! YAY!

  • @26joshterry
    @26joshterry 2 роки тому +5

    I’m not even an Econ student and decided to learn economics for personal knowledge and your videos are amazing! I watched the entire Crash Course series on Economics so knew I had to check out your channel!

  • @julianPrendes
    @julianPrendes 3 місяці тому +2

    9 years later you are still saving us. Thank you!

  • @disciplingministriesinc.7092
    @disciplingministriesinc.7092 8 років тому +16

    Wow, you have that "it" for this subject area. I've been struggling/frustrated for two days and you motivated me! Thanks for going the extra mile and sharing your gifts. Prayers

  • @angelscott4225
    @angelscott4225 Рік тому +2

    as a first year commerce student, i thank you endlessly. im 3 weeks behind on my course all bc i didnt understand this one graph (didnt help that my teacher didnt necessarily explain it much) and now i can understand it better. i owe u my life.

  • @KidCudi72
    @KidCudi72 8 років тому +32

    Had to long in to comment on this video. Absolutely amazing. One of the best educational videos among any subject I've ever seen.

  • @johnr7910
    @johnr7910 Рік тому +2

    my prof's dog water vid werent loading so i search the lesson up and found this channel, so happy I found this explained so much info I that i was able to retain and not loose due to the fact you keep things interesting! so glad I found this channel!!!!

  • @j8678
    @j8678 9 років тому +13

    this is very helpful. I've been lost in my AP economics class for 3 months and 3 months of material i have to know for my midterm. Thanks!

  • @Sandmans.
    @Sandmans. 2 місяці тому +2

    Thanks for somehow making economics better by teaching something in a few minutes compared to what my teacher has been going on about for a week,

  • @nataliesvt
    @nataliesvt 5 років тому +5

    i'm like five years late but i wanted to say thank you so much for your videos, i have an exam next week and you're making this so much easier !!!

  • @jomilojuoluwaseyi8786
    @jomilojuoluwaseyi8786 Рік тому

    when you make learning so fun you make people understand so quick. Thank you!

  • @x_xsazz
    @x_xsazz 8 років тому +27

    You sir should run for the president ! Great video, thanks a lot.

  • @katsa_p2993
    @katsa_p2993 2 роки тому +1

    WHAT? are you telling me I didn't need to listen two hours to my teacher in class but I could have just watched this instead and save a lot of time???? I completely understood everything??? ENGLISH IS NOT EVEN MY FIRST LANGUAGE AND I UNDERSTOOD EVERYTHING??? I absolutely loved your way of teaching!

  • @CEEJAYBX
    @CEEJAYBX 10 років тому +4

    Mr. Clifford you are awesome taking an online class is difficult. When I watch your videos I get a better understanding then trying to read the book on my own.

  • @joshuathomas3988
    @joshuathomas3988 10 років тому +25

    You're the man. Great way to review for my college microecon final. Thanks a ton.

  • @sarahfeathers6173
    @sarahfeathers6173 5 років тому +2

    I understand this so much now !!!!! Whoah in just 5min I learned a whole 45min lesson of class

  • @noureennawar1728
    @noureennawar1728 4 роки тому +2

    My teeacher has been trying to make me understand this for WEEKS and you just did it in 5 minutes thank you cacti dude that i found randomly while trying to find help online:)

  • @milton2755
    @milton2755 8 років тому +88

    You saved me!!!!!!!!!!!!!!!!!! Thanks for this video

  • @elizaj.4462
    @elizaj.4462 3 роки тому

    I have taken micro and macro economics, I'm in my third econ class, and i finally understood PPC because of this 5 minute video....

  • @PaolaLuna-gu7ip
    @PaolaLuna-gu7ip 10 років тому +3

    God bless your soul oh my god I swear you taught me more in 5 minutes than my teacher has in a semester 🙌

  • @jackdavis8596
    @jackdavis8596 8 років тому +1

    I'm an econ tutor and this video has been very helpful in preparing for my lessons, thank you!

  • @maxeenee
    @maxeenee 8 років тому +19

    this just made everything so much clearer !

    • @JacobAClifford
      @JacobAClifford  8 років тому +6

      +maxene foong I'm glad I was able to help.

  • @meher94
    @meher94 6 років тому

    I have a test today at 9am. I was awake till 4am studying this from my textbook and I slept for a while and woke up at 6. I am so thankful to God that I saw this video, reading this from my textbook is so hard. Thanks for making these videos.

  • @InsertCN
    @InsertCN 5 років тому +58

    When he said *CACTI CACTII CAAACTII*
    I felt that

  • @jessicab.7135
    @jessicab.7135 7 років тому

    Thank you for your videos! I'm a visual learner who made the mistake of taking an online Macroeconomics class. Your energy level, sense of humor, and clear descriptions are so helpful to me. I've subscribed and will continue to watch your channel as I go through my class. Thank you thank you thank you!

  • @vfxsonic
    @vfxsonic 2 місяці тому +3

    I have my eco test tommorow by the looks of this video I think ill do just fine

  • @cedricbansah3051
    @cedricbansah3051 6 років тому

    I've been in about 5 2-hour lectures and didn't get a thing but your videos saved my life, man! Thanks!

  • @S4M1_
    @S4M1_ Рік тому +317

    I hate my economics teacher sm bro 😭😭

    • @first-itbe
      @first-itbe 10 місяців тому +8

      REAL 😭💀

    • @codm-creed
      @codm-creed 8 місяців тому +17

      I couldn't understand mine so I'm here

    • @Agent-Ceph
      @Agent-Ceph 7 місяців тому +9

      ​@@codm-creed I understood but I forgot 💀

    • @garlic_bread_toast4403
      @garlic_bread_toast4403 7 місяців тому +6

      @@Agent-CephI was sick and she didn’t tell me anything. She also expected me to be done with the assignment the day after I got back despite being gone for a week and having no instruction whatsoever

    • @yanele_1
      @yanele_1 6 місяців тому +1

      real man

  • @Raineyes1104
    @Raineyes1104 6 років тому +1

    Currently taking Econ, and this video really elaborated on some of the points I was confused on. May the power of the Cacti be with you.

  • @MicahAP514
    @MicahAP514 10 років тому +48

    I have a final tomorrow and this is saving my life

    • @arma4967
      @arma4967 10 років тому +1

      holy shit were in the exact same boat

    • @ilovsaw
      @ilovsaw 10 років тому +2

      armand yazdani Me three

    • @egmaalouf
      @egmaalouf 10 років тому +1

      My final is in 6 days and this is awesome

    • @Kobefan217
      @Kobefan217 6 років тому

      Micah P did you pass

    • @mohiuddinkhan4069
      @mohiuddinkhan4069 3 роки тому

      my final will be held in march

  • @bnc4225
    @bnc4225 3 роки тому

    omg I generally don't write comment on videos but this one literally saved me from suffering thank you soo much!idk why books or instructors cannot tell it that way, it seems so easy when I watched it but before that I was about to cry. thanks again!!

  • @MetalBuffalos
    @MetalBuffalos 8 років тому +118

    you remind me of mark cuban

  • @anahgrimaldi6718
    @anahgrimaldi6718 2 роки тому

    Im taking economics, read the book, attended the classes and still couldn't understand it fully. After watching this video, I got a MUCH clearer idea. You are very much appreciated rn, thank you. LOL

  • @beel1952
    @beel1952 5 років тому +2

    Are you my economics guardian angel here to save me in this subject 😂❤️? love the video and can’t wait to use you as my teacher through it all 😭

  • @MarouaChibani-f7n
    @MarouaChibani-f7n 10 місяців тому

    English is not my native language but I understand the concept that you explained in your video better than in my french class ! You're doing so well ! Thank you !

  • @zibah650
    @zibah650 6 років тому +2

    Thank you so much! I have my Econ final tmrw! Your explanation really helped me!

  • @gwenkozak8671
    @gwenkozak8671 7 років тому

    I have a huge final coming up and I need a good grade to pass. This video is helping me so much. I understand almost nothing of what my teacher says. This video makes complete sense and is helping fill in so many blank spots for me!

  • @Neobeorio
    @Neobeorio 3 роки тому +3

    If I had him as my Economics Professor, I'd attend classes every day, I would've been able to learn so quickly TT-TT

  • @colinramirez7430
    @colinramirez7430 3 роки тому

    Thanks so much, I learned way more from the 5min video than 5 whole days of being “taught”

  • @RootsOfBharatvarsha
    @RootsOfBharatvarsha 3 роки тому +15

    Legends are those who are here before few hours before exam

  • @yomomgaeeeee3325
    @yomomgaeeeee3325 3 роки тому

    man my tuition teacher couldn't explain this to me for 3 days straight.And sir you did it in 5 mins🥰.Thank you so much for teaching it. Internet teachers like you are a blessing for students. Lots of love...

  • @megasweity
    @megasweity 8 років тому +49

    Not all heroes wear caps

    • @a.z2600
      @a.z2600 7 років тому +24

      they wear hats i suppose

  • @getyoueverytimeaaa5976
    @getyoueverytimeaaa5976 8 років тому

    I'm here to study for my master for my econ class.
    your energy is contagious =)
    thanks from Saudi Arabia.

  • @themask1996
    @themask1996 9 років тому +5

    You are awesome ! You've helped me in learning econ concepts in an extremely easy manner ! THANK YOU. #RESPECT

  • @ritikaritu2181
    @ritikaritu2181 6 років тому

    tomorrow is my exam and my class teacher is big no no when it comes to doing her job. but you're so freakin lively and explained the samething my teacher failed to explain in 50+ slides...

  • @Shrugboatt
    @Shrugboatt 2 роки тому +19

    It is a little odd paying thousands of dollars in tuition to be sent to UA-cam videos for most of my learning...

  • @MrKhanain
    @MrKhanain 4 роки тому

    what an incredible method of teaching, love this, a boring teacher with a boring topic leads to super boring

  • @bludifulday0101
    @bludifulday0101 6 років тому +7

    For those of you who feel that Mr. Clifford is talking to fast, I have a solution.
    1. Use your mouse and hover over the video.
    2. Click the setting button which is right next to the Subtitles button that displays "cc".
    3. Click the speed button.
    4. Adjust the speed to you liking.
    Give this a like if it helped you and to help other people too :)

  • @sujaybhandarkavate219
    @sujaybhandarkavate219 2 роки тому

    one of the coolest professor i've ever seen !!!!!!!!

  • @crystal1211797
    @crystal1211797 9 років тому +3

    This is helpful. i have an econ exam tomorrow and I'm totally freaking out, all these freakin' curves I have no clue about. The humor helps ^^

  • @AustynTexas701
    @AustynTexas701 8 років тому

    Thanks so much! I have an econ quiz tomorrow and I had no idea how to calculate opportunity cost correctly until I watched this video. Thank you

  • @paulfoo7397
    @paulfoo7397 6 років тому +19

    YOU LOST ME AT "WHAWAW! CACTI!! CACTI!!!" HAHAHAHA
    Don't worry, my lecturer lost me at "Today we're gonna learn..."

  • @tenamanliguis9373
    @tenamanliguis9373 4 роки тому

    I would have failed my PPC test without this AWESOME video! Thank you Jacob!!!

  • @GT-eg4vu
    @GT-eg4vu 6 років тому +3

    0:45 what a sick hat

  • @canavarbeusefulforbrainand3261
    @canavarbeusefulforbrainand3261 7 років тому

    You ar one of the super significant Teacher i have ever seen
    Thanks

  • @Cupcake-gg1bp
    @Cupcake-gg1bp 8 років тому +5

    I still don't get how to calculate the opportunity cost

  • @sthastha7
    @sthastha7 5 років тому

    I watched most of the videos of my course from your channel and went to take my exam. Thanks a lot, I will pass.
    seriously Thanks, I can confidently say I will pass.

  • @sumayarahman9356
    @sumayarahman9356 8 років тому +4

    is production possibilities curve (PPC) the same thing as production possibility frontier (ppf)?

    • @JacobAClifford
      @JacobAClifford  8 років тому +1

      +Sumaya Rahman Yes, this is exactly the same thing

  • @asmaaaabm8066
    @asmaaaabm8066 8 років тому

    Hi, I'm from England; and I first saw your videos when I was around 15. And I think, AP is equivalent to A-Levels, here in England. When I had to choose the subjects I wanted to do, I was completely lost. But when I first saw your videos .. Something switched on inside of me. Everything I had learnt from your videos, I had to tell everyone (Some may say I'm very nerdy, oh well) I found it so facinating. At the time, I wasnt even taking econmics, I still had a year and a bit to go! But I knew, your videos were going to be truley useful and have honestly made me so intrigued about the way the econonmy works. All my other classmates, who also take econ, I always recommend them to you. Even my teacher! You are an amazing teacher, and I'm happy your hard work and effort gone into teaching is getting recognised and being valued (I saw your vlog) Thank you so much for making these videos, these videos are very much appreciated :)

  • @rodriguezg100
    @rodriguezg100 10 років тому +58

    why can't teachers be like this??? I need fun teachers not teachers that talk and talk and talk and don't explain shit.

  • @stevenfoster9402
    @stevenfoster9402 4 роки тому

    THANK YOU SO MUCH. I'm taking Macroeconomics right now and my professor has a THICK Indian accent and we don't know WHAT he's saying. I'll be back on this channel often.

  • @ashburner1404
    @ashburner1404 10 місяців тому +3

    Adcd is the answer key

  • @markbussey593
    @markbussey593 2 місяці тому

    AC/DC economics for the win! Thanks for the vid and KEEP THEM Coming!

  • @henrykwok-x4m
    @henrykwok-x4m Рік тому +4

    My economic teacher really sucks 😅

  • @LukeFennell
    @LukeFennell 8 років тому +1

    I have my econ assignment on my desk and the first question is opportunity cost... had no idea. so i sear for a video and i found this.... WTF?! kid has some MAD ECON SKILLS YO!
    felt like I was on a highway to hell watching this. lol. Keep on rocking man.

    • @JacobAClifford
      @JacobAClifford  8 років тому

      +Luke Fennell Thanks Luke. Once you really get into it you are going to love econ. It is like being Thunderstruck

  • @ambrenkhan19
    @ambrenkhan19 7 місяців тому +4

    legends are watching it in 2024

  • @jaker7335
    @jaker7335 8 років тому

    I'm in college guys. This man is good. Learn from him!

  • @jakeharrison3124
    @jakeharrison3124 6 років тому +25

    Go to 4:45 and skip back 10 sec for a suprise

  • @katelynfraserr
    @katelynfraserr 6 років тому +3

    Thank you for saving my grades lmao

  • @leticiagenao8198
    @leticiagenao8198 6 років тому

    Thank you so much! Way easier to understand than the convoluted way the professors teach it.

  • @Alexanderbuilds2001
    @Alexanderbuilds2001 4 роки тому +3

    I’m so lost

  • @user-pk5sz1vq1j
    @user-pk5sz1vq1j 8 років тому

    It takes a lot for me to be impressed, but i wanna say that; you are one of the best professor i have been seen. Your approach is phenomenal!

  • @sanfran224
    @sanfran224 8 років тому +8

    4:35 lol

  • @dantonwilson-swampy7392
    @dantonwilson-swampy7392 2 роки тому

    This got me through economics in college, always see it in my feed just want to say thank you!

  • @Soulless64
    @Soulless64 9 років тому +60

    I hate the fact that he is really good at teaching economics, but at the same time he is such a freaking doofus.

    • @JacobAClifford
      @JacobAClifford  9 років тому +151

      Soulless64 Doofus? More like charismatic hot stud:)

    • @elitetech7728
      @elitetech7728 9 років тому +55

      Soulless64 Humor helps us pay attention.

    • @TopWorldTalentHD
      @TopWorldTalentHD 9 років тому +13

      +ACDCLeadership I hope that you keep putting these videos out, they are helping me tremendously. I have attention deficit problems and it helps when you talk faster and make random outbursts.

    • @jonathanjochem7289
      @jonathanjochem7289 6 років тому

      I think he's sexy! hot econ prof! lol.

  • @meowk61
    @meowk61 3 роки тому

    i just love this I'm a fan of Jacob Clifford now !!!!!!!!!! thank you god so much for letting me find this video

  • @mikesachoma3178
    @mikesachoma3178 2 роки тому

    Enjoying your lessons all the way from Zambia keep educating us

  • @Sky-qy2yh
    @Sky-qy2yh 3 роки тому

    THANK YOU SOOO MUCH!!!! I’m learning this in my class but I couldn’t understand what my teacher was talking about. This video helped me learn how to read production possibilities curve really fast and I was able to understand it.

  • @claudiacorr9306
    @claudiacorr9306 2 роки тому

    You are a life saver. I have a microeconomics exam Tuesday and I know nothing

  • @ll5474
    @ll5474 2 роки тому +2

    Cacti!! Your videos rock! This dry and abstract material has been so challenging for me and your examples and energy really help!

  • @ashleytaipale5881
    @ashleytaipale5881 6 років тому +1

    This video was amazing and your teaching method is great. I also appreciate your sense of humor (so funny!). Thank you!
    -Miami, FL

  • @tumbleweed7260
    @tumbleweed7260 4 роки тому

    Mate this video is unreal, literally explained it like a boss understand so easy. Appreciate alot!!!

  • @somalilandteachersassociat4563
    @somalilandteachersassociat4563 6 років тому

    great teacher, very brilliant, I never seen such teacher like him who explain like this way,

  • @FrankTBird1
    @FrankTBird1 5 років тому +1

    You, Sir, are a legend. I have exams in two weeks. Thanks for saving my life. Yeeha!

  • @allisonblevins7221
    @allisonblevins7221 9 років тому

    Taking an AP Microeconomics test tomorrow and I'm pretty sure this just saved me. Thank you so much.

  • @zachisosum
    @zachisosum 9 років тому +1

    you're literally the best math teacher

  • @keekli9046
    @keekli9046 3 роки тому

    Best video i found explaining ppc, thanks!

  • @romant78
    @romant78 9 років тому

    Fantastic instruction. Quick, simple and to the point. Thanks!

  • @andrearoshini6721
    @andrearoshini6721 7 років тому

    love your teaching style!!. you made this concept very easy to understand, others would have taught it in a boring way..