Perfect Competition Short Run (1 of 2)- Old Version

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  • Опубліковано 4 лип 2024
  • Watch NEW version of this topic: • Perfect Competition- M...
    In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph calculate total revenue, total cost, and profit. Thanks for watching. Please subscribe.
    Need help? Check out the Ultimate Review Packet for FREE: www.acdcecon.com/review-packet

КОМЕНТАРІ • 658

  • @chessman12rkt
    @chessman12rkt 8 років тому +538

    BEST ECON TEACHER EVER. I learn four-five weeks of college econ in less than an hour of your videos. You have a great passion for teaching!

    • @JacobAClifford
      @JacobAClifford  8 років тому +57

      +Chessman12rkt You are very welcome. Good luck in your class.

    • @rchallender2493
      @rchallender2493 3 роки тому +6

      I agree as well! I'm a senior Biology major and for some reason my school started to require that biology majors take an Econ 101 class 🤔🤷🏻‍♂️😂! So this is my first exposure to an Econ class ever and I'm not going to lie but I really don't find Econ interesting! I know this is really really bad, but I haven't read the textbook at all and haven't even gone to class once (except for exams) 😂! I've got a 98% in the class and honestly the only reason I've been making things work is because of these videos 😅! I usually start studying the practice exams like 2 days before the actual exam! I've been looking at the concepts in each question and then find one of these videos that covers the actual concept I need. All these videos are just so quick and easy to understand and have helped me to pick up all the concepts I need pretty quickly 👍🏻! I feel like you know these videos are super helpful when somebody like me is able to do so well in the only Econ class he's taken 👌🏻😂! I've basically been using the time I'd normally spend on Econ to really focus on all my upper division biology and chemistry classes, and it seems to be working well so far 👌🏻! Again these are amazingly helpful videos and I'm glad I was able to discover this channel, it's honestly been a total lifesaver 😁👍🏻!!

    • @ryaheudesadomingo6936
      @ryaheudesadomingo6936 3 роки тому +1

      same!!

  • @mariannaduarte2910
    @mariannaduarte2910 6 років тому +1127

    my tuition should be going to you, not my useless teacher's salary. thank you!

  • @huanghel
    @huanghel 8 років тому +713

    Love your videos! I know a lot of people tell you to talk slower, but i like your pace right now. It's clear and efficient, ain't nobody got time to sit through 10mins videos when a 3min video tells you all that you need to know. Don't change your style and keep up with the good work!

    • @AJPWPRFU
      @AJPWPRFU 8 років тому +4

      +huanghel Agree

    • @MoonBeam2194
      @MoonBeam2194 7 років тому +2

      huanghel I completely agree one hunnid percent!

    • @iknowdat123
      @iknowdat123 7 років тому +2

      bahahha i increased the speed even more then.. aint nobody got time fo this

    • @mutlenyea6500
      @mutlenyea6500 6 років тому +1

      I mean there are bloody captions.... the complaints are not warranted

    • @mikanatae7203
      @mikanatae7203 6 років тому

      I love the "aint nobody got time" lol

  • @williamschlosserph.d.8693
    @williamschlosserph.d.8693 7 років тому +139

    These are the greatest econ videos, specific to each topic, I have ever seen. I am a Doctor of Economics and I teach these materials in college. Mr. Clifford is a fixture for my students to hear the same terms and situations I use in my live classes, but put into ACDC situations, spoke with a different voice, and at a faster pace. I love them all. Most excellently done, Mr. Clifford!

    • @JacobAClifford
      @JacobAClifford  7 років тому +25

      Thanks. I'm humbled that you like my videos.

    • @belenavila6540
      @belenavila6540 5 років тому

      This is so hard I feel like I missed something...

  • @TriggerHapySheep
    @TriggerHapySheep 8 років тому +328

    Im Watching this video at 12 am with an 8am exam in the morning lol

    • @alina_dial
      @alina_dial 8 років тому +3

      +TriggerHapySheep lol same

    • @2303karina
      @2303karina 8 років тому +4

      lol guys,so relatable , I'm watching this at 3:44 am with an 8am exam haha:D

    • @mclovin9151
      @mclovin9151 7 років тому +24

      Watching it at 4:56pm with exam at 5:30pm

    • @mclovin9151
      @mclovin9151 7 років тому +3

      Have to give my self some time to get to the test you know!

    • @tiffanyng9844
      @tiffanyng9844 7 років тому +6

      it's 4:06am and i have a final at 8:30am suck on these nuts

  • @abdulghanimohamud6541
    @abdulghanimohamud6541 3 роки тому +42

    Man you are a genius. You just summarized a whole 3 hour class into 5 minutes. Man thumbs up. #besteconteacher

  • @lachyn3777
    @lachyn3777 3 роки тому +29

    This guy is honestly a beast, such a good teacher. His school is lucky to have him.

  • @TakeItorLeaveItReviews
    @TakeItorLeaveItReviews 7 років тому +109

    I graduated with a degree in Econ from the University of Chicago back in 2011 and am now in MBA school taking micro econ, and these videos have almost replaced the current class lecture when it comes to refreshing what I learned 5+ years ago. If you're a student who goes to this professor's school, you'd be foolish not to take his course, learning Econ (ESPECIALLY from a guy like this who just "gets" how to teach this stuff) will change the way you think altogether and make you realize how many economic decisions you make on a second by second basis (party or study?...ECON BABY!). Bravo sir and thank you!

    • @Frederick0220
      @Frederick0220 5 років тому

      UChicago, baby! Epic!

    • @angelinasenoge4365
      @angelinasenoge4365 5 років тому

      opportnity costs. is it safe for me to study what m i trading off

  • @adithyasastha1923
    @adithyasastha1923 5 років тому +60

    Is it just me or does he remind anyone of mark cuban

  • @grantsanchez5702
    @grantsanchez5702 8 років тому +10

    I wouldn't pass any of my Econ tests without these videos, I can learn more in 20 minutes off of these videos than a semesters worth of college lectures

  • @lilmoesk899
    @lilmoesk899 7 років тому +2

    Thanks for your great videos! From one teacher to another, I can sincerely say that you are a natural teacher: you take complicated ideas and turn them into simple ones; you anticipate problems students will likely have; you use mnemonics to help students remember key concepts; you're an engaging speaker; you use visuals to reinforce your points; and finally, you give us meaningful opportunities to practice the concepts. Wish the education system in the US would incentive people like yourself not only to teach students at all levels, from secondary to post secondary, but also to train other educators--especially at the university level--in effective pedagogical techniques. If I were a university president and I read the comments about how so many of my students complained about how useless their Ph.D. lecturers were, I would immediately find teachers like you to come to train my faculty.

  • @graceknight408
    @graceknight408 3 роки тому +3

    You just enabled me to understand more about economics in 5 minutes than my professor has been able to in the past 3 months. thank you for saving my grade.

  • @sunnychan3420
    @sunnychan3420 5 років тому +5

    I have no economic background at all and I feel really hopeless after I enter university. All these videos really help me out by explaining the economic concept behind, I really appreciate the videos that you have made. It's really awesome and I often promote your channel to my friends who struggling in Microeconomic! Keep up with the good work Mr DARP

  • @leahs.monderoy2072
    @leahs.monderoy2072 7 років тому +2

    Dear Mr Clifford. I want to thank you for your very interactive economic videos. Your presentations has made this study very exciting and because of your approach, I have a deeper understanding and appreciation. Thank you.

  • @gassiusdave
    @gassiusdave 8 років тому +147

    Best econ videos! I typically watch a video twice and the concept makes sense! teach on, teach. teach on. :-D

    • @JacobAClifford
      @JacobAClifford  8 років тому +67

      +gassiusdave Thanks. Learn on, student. Learn on:)

    • @baka2734
      @baka2734 8 років тому

      +gassiusdave mmm...acorn milk... ap testsss

  • @JenniferBellfilms
    @JenniferBellfilms 5 років тому +33

    I have a microeconomics exam today and this totally helped me. My professor in college is alright but I like your personality a lot more. Bless you, sir.

  • @MuhammadTalha-fs3ml
    @MuhammadTalha-fs3ml 5 років тому +11

    Great job!
    I have my Managerial Economics' final tomorrow. This video just saved my grade!

  • @erical0720
    @erical0720 3 роки тому

    It's already been said by many, but your videos are teaching me what my professor and the textbook are not. THANK YOU for posting these videos!

  • @aimansuhailmohammedabdulhu3037
    @aimansuhailmohammedabdulhu3037 7 років тому

    for the first time i come across a teacher like you+Econ ...."perfect" big concepts in just few mins having all the necessary informations!!!thanx alot

  • @fitnetworkershub1775
    @fitnetworkershub1775 9 років тому +254

    MR DARP URRRRRRRRRRH

    • @emmali3796
      @emmali3796 5 років тому +4

      mkalwisha value I died.

    • @prachimallick6958
      @prachimallick6958 3 роки тому +5

      Imagine students doing urggggghhh in exam halls

  • @AbdusSalam-vu9os
    @AbdusSalam-vu9os 8 років тому +19

    I can't tell you how much I love you. Keep making such videos for us, Bless you! :)

    • @JacobAClifford
      @JacobAClifford  8 років тому +4

      +Abdus Salam You are welcome Abdus. Please Subscribe and tell your friends.

  • @hussnainshah999
    @hussnainshah999 2 роки тому

    Hi Clifford, your lectures are perfect by all means, perfect delivery, perfect length and a great way to elaborate.

  • @NkJunior100
    @NkJunior100 5 років тому +2

    Just here to say, last night when i watcjed it i didn't really pay attention to the "mr darp" part, but i just randomly remembered it during exam n it helped a lot. Cheers!!

  • @noahmasozera7588
    @noahmasozera7588 Рік тому

    I can't explain how amazing your videos are, you've helped so many Mr. Clifford!

  • @melearina
    @melearina 3 роки тому +1

    Thanks! Your channel always saves me from reading 60 plus slides of PowerPoint! You are truly awesome, Sir Clifford!!!

  • @avataryashu
    @avataryashu 6 років тому +3

    I am such a big fan of your videos! :') they are at the right pace and they teach concepts very clearly

  • @christinechristine6102
    @christinechristine6102 6 років тому +1

    Your videos are the best! Clear, on point, short and very understandable! Thank you so much!

  • @Roberto-qw4bo
    @Roberto-qw4bo 7 років тому +3

    I think my professor took around a 30 minutes trying to explain but i understand you on the first attempt lmao wow.

  • @crystal1211797
    @crystal1211797 8 років тому +167

    You remind me of Marshall from How I met your mother. :3

  • @glemonte1
    @glemonte1 8 років тому +1

    I've learned more from your videos in one day that I have in my Micro class this entire semester at Indiana University.

  • @eileenmonica730
    @eileenmonica730 3 роки тому

    THANK YOU! You make learning econ much easier and actually more enjoyable, that's crazy what a good teacher makes difference to learning. Keep up the good work!

  • @enricocagliari706
    @enricocagliari706 6 років тому

    I never write comments, but this time I have to tell you that you are an AMAZING PROFESSOR.
    I love mathematics, but I hate to waste time (that I don’t have). These concepts are not so hard to be taught and understood, but many teachers love to have boring classes that kill students engagement.
    You were able to teach a concept quickly and without being boring. Good job.

  • @angeliqueduplessis1416
    @angeliqueduplessis1416 7 років тому +1

    This is epic.Thank you!!!LITERALLY the first video I found that did not put me to sleep!!!

  • @savageguy134
    @savageguy134 5 років тому +20

    In my Econ. class, the professor wrote it like MR = P = AR = D which can be remembered as Mr. Party.

  • @imbrownbutimnotbrown
    @imbrownbutimnotbrown 5 років тому

    Thank you for making these videos!! You've gotten me through my econ class and actually helped me to love economics! Love from Newfoundland, Canada. 🤓

  • @BGriff-
    @BGriff- 5 місяців тому

    I'm reading through an Econ book on my own time and you really do a GREAT job explaining these topics. I just know that If I ever decided to get a degree in economics, I'd be on your channel even more and Ace the class.

  • @brindleyadolphus4905
    @brindleyadolphus4905 3 роки тому +1

    Woah woah that escalated quickly... I got more than what i was expecting. Thought of finishing the first half and actually finished the entire lesson

  • @kristinamontesinos2631
    @kristinamontesinos2631 5 років тому +2

    I LOVE your content. Thank you for making my micro economics so much more understandable!!!!

  • @user-pr9pd5wb9y
    @user-pr9pd5wb9y 6 років тому

    I really like your video! It helped me a lot in the economics. Some people are saying you to slow down, but I really like this pace. Thanks a lot.

  • @nurcandashdamirova7864
    @nurcandashdamirova7864 3 роки тому

    If I have enough money, I will bough all of your ultimate review pocket to support you! BEST Econ Teacher Ever!

  • @liannelewis4651
    @liannelewis4651 4 роки тому

    All my life I hated economics, and all of a sudden I'm hooked to my phone watching economics videos. Can't understand a word what the professor says in college. But you are a blessing for us. Thanx a ton. Love all the way from India ❤️🇮🇳

  • @blackamericanlesbianprofes4357
    @blackamericanlesbianprofes4357 5 років тому

    Thank you for posting this video explaining about the four market types in economics, and giving detail on perfect competition. The visuals help to show what you are describing.

  • @therealmissglamBAM
    @therealmissglamBAM 6 років тому +34

    You are an angel brought to us by the studying gods
    I've been in master's level econ for a month now and this has made way more sense than any mumbling that has come out of my professor's mouth, please come replace him haha!

  • @chizas47
    @chizas47 7 років тому +30

    I love this guy is very funny and makes easy to understand those topics.

  • @Melissa-Juisi
    @Melissa-Juisi 7 років тому

    Hey Sir,i have never commented on any educatioal video before.But you made Economics look so easy.Most of my classmates are giving up on Economics,i will refer them to this channel,Thank you and please never stop

  • @rafikking5169
    @rafikking5169 4 роки тому +3

    Brilliant teacher with humour sens .I love it

  • @michaelto5420
    @michaelto5420 5 років тому +2

    Thank you! you explained in 5 mins what my prof couldnt in three, one-hour classes :)

  • @alexolsson2092
    @alexolsson2092 8 років тому +2

    thank you so so much for these videos, you've helped me beyond belief with my econ revision before my IB exams in May, I've got my mocks in February and watching these videos has helped me more than hours spent revising my textbooks and hours spent in lectures. you're a lifesaver! keep it up! :) / alex

    • @JacobAClifford
      @JacobAClifford  8 років тому +2

      +Alex Olsson Thans Alex. Let me know if you need anything else. Please subscribe and tell your friends.

  • @ObydurRahmanShazol
    @ObydurRahmanShazol 5 років тому +1

    Hey Jacob Clifford ....You literally saved my Semester...... I Thank You Man...... Love and Respect from #Bangladesh....

  • @martinwurm4631
    @martinwurm4631 2 роки тому +1

    A lot of the jokes are really cringe, but I love how informative they are. You're a dope teacher

  • @safiasalhidrissi2751
    @safiasalhidrissi2751 5 років тому

    Its 4.16 AM, mid mental breakdown because my 900 page economics book is complicated as hell, and i stumble upon this video. I have learned more in 5 mins than the past 6 hours of struggle. LIFE SAVER.

  • @yusradede1333
    @yusradede1333 8 років тому

    I don't know what would I do without ACDC !

  • @user-vk9co4bj8l
    @user-vk9co4bj8l 3 місяці тому +1

    62yrs back to University Econ major, great videos! Thank you

  • @daaisees14
    @daaisees14 8 років тому +8

    I absolutely love your videos! thank you!

  • @isabellathomas9617
    @isabellathomas9617 2 роки тому

    I’m cramming for my midterm and you already saved my grade in the first minute of this video, thank you!! :,)

  • @OliF95
    @OliF95 7 років тому

    Saving my gpa one video at at time! Thanks a lot! Keep up the good work and God bless you!

  • @dishjones6667
    @dishjones6667 7 років тому

    Very helpful. Clearly explained what my textbook couldn't in five minutes.

  • @rrawat7022
    @rrawat7022 6 років тому +3

    amazing method of explaining sir
    i was always confused when my teacher taught this but it got clearer when you explained it 😀😀

  • @yurushiko2721
    @yurushiko2721 7 років тому

    I totally love your videos! You are amazing! Thanks to you I get things I couldn't understand from my textbook!
    Btw professor form my university gave us your channel to prepare for exam. So you rock! :D

  • @annam9498
    @annam9498 4 роки тому

    I sure liked this video. Mr. DARP - so silly yet so helpful, I wish they showed some humour in the books. You must be an awesome teacher!

  • @kundansaha4344
    @kundansaha4344 3 роки тому

    Learned a months worth of Econ in less then an hour. TRUELY THE GREATEST. 🔥🔥

  • @user-tx9fp6wx7u
    @user-tx9fp6wx7u 4 місяці тому +1

    Loved the enthusiasm in the beginning :)

  • @lianneangelicodepante6006
    @lianneangelicodepante6006 8 років тому +53

    I actually find your jokes funny. Kudos in making the discussion more interesting!

    • @christaylor7411
      @christaylor7411 8 років тому +4

      His jokes are awful. Are You bleemmm dawg?

    • @nikolu9560
      @nikolu9560 6 років тому +1

      An awful joke means funny and it implements the original purpose of a joke. :p

  • @JohnBackus101
    @JohnBackus101 3 місяці тому

    I understood a 5 minute video more than my 4 hour economics class. Thanks jacob ♥

  • @nonayyynoni
    @nonayyynoni 6 років тому

    the students that you teach are really lucky to have a great teacher!!

  • @OnomehPeculiar
    @OnomehPeculiar 3 місяці тому +1

    You explained what my teacher could not explain in 1hour 30 minutes

  • @emmaculatemhere7906
    @emmaculatemhere7906 7 років тому

    i really really love these videos ,they are really helping me.keep up the good work

  • @blueSKIEStwentyfour7
    @blueSKIEStwentyfour7 8 років тому +1

    You are the only reason I am passing economics at school right now. Thank youuuuuu

  • @ajsav100
    @ajsav100 7 років тому +2

    How many more people do you need to tell you your videos are amazing? Love from Slovenia

  • @vivekn6530
    @vivekn6530 5 років тому +1

    I never knew that economics would be this much fun..especially your way of teaching 😄😆 Thank you sir 😊

  • @urMYangel777
    @urMYangel777 6 років тому

    thanks so much for your videos. you make learning fun and fast and understandable, whne im a student at home with no lecturers. you literally are the reason i feel (marginally) prepared for my econ exam tomorrow. thank you!!!!

  • @lenerio7736
    @lenerio7736 5 років тому +1

    Your an Angel that sent from heaven thank you, professor, Clifford!

  • @tomjong4141
    @tomjong4141 5 років тому +1

    omg you are a great teacher i was really gonna fail the final tomorrow and now feel pretty confident thanks a lot!

  • @mk4sauce717
    @mk4sauce717 5 років тому +12

    I learned from you in 5 min what my college prof couldn’t teach me in a semester

  • @deanni.i.648
    @deanni.i.648 7 років тому

    This man is God's gift to econ students! THANK YOU!

  • @svenjag2954
    @svenjag2954 8 років тому +39

    I love the Mr. Darp example! It makes it so easy to remember

  • @QuynhLe-gv3ur
    @QuynhLe-gv3ur 5 років тому

    I love all economics videos you made! it made me much more clear about my lessons in class! thank you!

  • @moizzasalahuddin7078
    @moizzasalahuddin7078 7 років тому +1

    You are so funny! You're a billion times better than my PhD professor (or anyone else I've had so far)!

  • @samuellungu6411
    @samuellungu6411 3 роки тому

    Best econ teacher ever I nailed my econ exams because of your help God bless you man

  • @marig0ldaa
    @marig0ldaa 8 років тому +9

    Thank You! I just want you to know that you've saved lots of students' lives. xoxo from Singapore

    • @JacobAClifford
      @JacobAClifford  8 років тому +4

      +marig0ldaa I'm glad that you liked the videos. Please subscribe. xoxo From Canada:)

    • @Ainayadanar
      @Ainayadanar 6 років тому

      Omg yeah man...My A level H2 Econs in a few days sia

  • @LINO119966
    @LINO119966 8 років тому

    i have a final tomorrow and your videos are the only way i can understand micro thank you,,, xoxo from Saudi Arabia

  • @exceedingyoureverest184
    @exceedingyoureverest184 7 років тому

    I am really loving your videos! I wish I could have found them sooner during my business program

  • @crystalczarnecki3708
    @crystalczarnecki3708 6 років тому

    Your videos have helped me a lot with my Microeconomics class. Thank you!

  • @brendaroldan92
    @brendaroldan92 7 років тому +1

    where would i be without you! i love econ!!

  • @christopherbolar
    @christopherbolar 8 років тому +1

    It's 5am and I've got a final at 9 that I'm gonna ace thanks to you!!

  • @thobanivitaleous2837
    @thobanivitaleous2837 8 років тому

    your videos are short, fun and educative. better than my long 1 hr lectures.

  • @dantebogarin4333
    @dantebogarin4333 5 років тому

    This channel is great keep up the good work!

  • @Iselsabella
    @Iselsabella 8 років тому

    I really love the way u teach. Very easy to understand. Because of u i got A's in my final exams. While before i always get the lowest marks in class.

  • @hernandezradrian
    @hernandezradrian 4 роки тому

    Better than mi economics teacher!! Glad to that I find this channel before the test

  • @user-vk9co4bj8l
    @user-vk9co4bj8l 3 місяці тому

    62 yrs. back to University Econ major. Great videos!! very helpful & funny

  • @ankiechen5226
    @ankiechen5226 7 років тому +4

    l cannot believe it! this guy is amazing!!! l am paying 5000AUD to study at USYD, but this guy explain everything so much better for free! thank you for making it

  • @zachperson8300
    @zachperson8300 7 років тому

    You are helping me pass this class. Thank you so much!

  • @cathrung9220
    @cathrung9220 7 років тому

    this video is super clear. thank you. I watch it a few times in preparing for my test.

  • @MROLDROCK50
    @MROLDROCK50 9 років тому +16

    Excellent videos... please keep up the good work! I really appreciate great teachers like you...thank you

  • @madhumathiperumal1576
    @madhumathiperumal1576 3 роки тому

    God, I love your energy. I wish I could Watch your videos a whole day❤️❤️❤️❤️❤️

  • @elizabethvaldez7456
    @elizabethvaldez7456 6 років тому

    I love your videos!!!!! passed my test because of you!!!!

  • @elodpalffy7452
    @elodpalffy7452 6 років тому

    Really good teaching, thank you, Mr. Clifford. :) Please, keep up working well!

  • @kekeletsomolefe8127
    @kekeletsomolefe8127 2 роки тому

    Your videos helps a lot and you know how to explain sir. More especially on your video where you explained Elasticity😊 You really do have passion for teaching and your examples are relevant. It's my second year in Varsity now and I didn't do economics in high school but because of your videos economics is not too difficult but fun and understandable. Thank you sir.🤝🙏

  • @marinahernandez4609
    @marinahernandez4609 5 років тому

    I'm failing microeconomics right now, but after this video, i don't think i will be anymore so THANK YOU MR. CLIFFORD

  • @kennte
    @kennte 4 роки тому

    I slowed the speed by 0.75 and i finally understood after rewatching the video ten times. Great content