Y1 8) Consumer and Producer Surplus

Y1 8) Consumer and Producer Surplus. Video covering everything there is to know about consumer and producer surplus
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[@Lazymath007_]

This guy explained me something in 8 minutes that my economics teachers couldn't explain in multiple lessons

[@NotionalNoor]

Sammee. Got my A levels next week, I'm just gonna binge all his vids 😭

[@Lazymath007_]

@@NotionalNoor all the best! I am also doing A levels this year but I got mid term exams next week lmaoo

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@@nzeicyprian7198 who does?🤧

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[@erikadroldan]

I've spent days trying to understand this concept, using study guides, econ textbooks and videos, no one has explained it as in depth and as simply as you have. I thought I was beyond help thank you so so much!!!!

[@shaklainmohammedsifath8836]

Very nicely explained in such a short time! Waiting for more videos.

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please do not ever stop, very helpful and one of the best!! thank you!!

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he shouldn't die then kkk

[@burmatt5980]

I understand so much more of this topic now thanks to you, I was struggle with this for 3 months and within a 8 min video you've taught me everything thank you!!!!

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Great lesson! Also very satisfying the way you draw the triangles with the black marker

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you Sir are truly a genius!!!!!!! what a superb lecturer

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Return of a legend

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A gifted individual, this man.

[@Nileshpandey0907]

Thank you so much econplusdal i am economics graduate and preparing for PG MA economics entrance exam for Mumbai school of economics and Public policy(MSEPP) Which is schedule on this sunday on 23rd june 2024.
I was so confused about this topic but today after watching your video now i have understood this topic crystal clear. Thanks a lot again lots of love, support and respect for you from india(Mumbai).
17/06/2024 Monday 07:28AM

[@mariahlatin2807]

Thanks so much!! The Public Finance text is so convoluted - appreciate you teaching us!

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This is so helpful
You are such a good teacher

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omg thank you so much for making this video! im finally confident going into my practice paper 1 :)

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You just created a surplus of my time with this video. Thankyou.

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exam tomorrow this legend is coming in clutch

[@anshkalwar7251]

Hats off sir!! Amazing explanation.

[@ReemaNayyar]

Beautifully explained 👏🏻

[@anassiddiqui6846]

@econplusdal kindly upload a video on transition economies and problems involved in the process. Also, include the advantages and examples of famous transition economies. I would be very grateful.

[@musium7569]

Very clear and simple explanation. Really efficient. Kudos :)

[@rachulus5897]

beautiful man.thank you so much for teaching me this. i was lost.

[@03f12]

Do more of A-levels Year 1 and year 2 vids pleaseee ... its so helpful

[@sshubamsanmotra]

one of the best lecture

[@aliciabell4116]

It’s so simple when you explain it Thankyou!!!!

[@IAP_mkt]

you've explained it a lot better than Khan Academy! thanks!

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oof throwing shade when they are already underwater. damn

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9k for a university lecture to not make sense but i suddenly feel like a qualified economist after this 8 minute video

[@fmn10]

Nothing much from me other than saying that U'RE THE BEST

[@tanyaarora1445]

great explanation! thankyou!

[@FeraldiMarco]

very well spoken, clearly explained, thanks

[@lucaslosantos8307]

when the supply curve shift it does not only change the consumer surplus but also the producer surplus as the equilibrium changes and therefore the price changing both surplus right? Is something that i am wondering and that i might have wrong but as you do not talk about it in the video is having me wonder if I am right or wrong. Thank you for the videos, they are helping me a lot.

[@Luciet9]

❤wow genuine explanation,😊

[@ticloo3936]

My teacher explains it just as well as he does, but im just allergic to the textbook so i still watch him.

[@jamesinabradshaw1799]

Thanks so much! I understand so much now. I am so grateful to you!

[@DeboraSuday-fw5uo]

Very detailed and clearly explained.

[@saamiyaaa7269]

This was really helpful👌🏽thank you

[@indikakumarawalisundara3961]

Very nice explanation. Keep it up. Thank you very much

[@denuwan7688]

Legend!

[@taibnawaz01]

Nicely explained 👍

[@teymommao6892]

Thank you for your vdo, after watching this I passed my quiz

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Fs in the comments boys, i have exam tomorrow, wish me luck ENGLISH GEEZAS

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good luck

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Good luck

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What did u end up getting!x

[@SugmaNutz69]

Good luck bit late but why not 😂

[@BeforetheStorm.]

Thank you for this video. Very easy to understand 👍

[@user-bg4cm4yn5t]

This is really so clear and helpful.thank

[@Adri_noseua]

Thank you so much! You clarify my doubts !!!

[@graced3091]

Hi, can I know, why is it important to find the consumer surplus and producer surplus? How does it help the producer?

[@cdog2305]

Did you ever get an answer to this?

[@graced3091]

@@cdog2305 nope :/ hehehe

[@maanas799]

dude i will pay u 10000 sgd a month to be my econs teacher. Ur amazing man keep up the good work

[@nareshsingh1090]

Thank u sir you made this super easy

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Your the GOAT

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This video is really detailed

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Wow you have really saved me

[@abhijeetkumarsingh1511]

hello sir please give a link of your website where anybody can go and just watch or download the whole video so that it can add you some extra more money as compared what you are earning from youtube. by the way very nice explation hatssoff

[@noushrab]

Thank you. Great one. God Bless.

[@oceanwave4441]

I wish my professor explained lessons just like you

[@hryhoriikaliuzhnyi4311]

Very good explanation. But sometimes you speak too fast :)
However, that doesn't distort the information
Good luck!

[@BrawsonProductions]

appreciate your vids- great help!

[@Rey_B]

hi, one doubt.
in consumer surplus (inversely in producers surplus too) the price they are willing to pay more is for more quantity, but in this surplus concept, we discuss it as though, for same quantity demanded they are willing to pay more yet they actually paid less, resulting in surplus.
this doesn't hold good for me. can you clarify that?

[@yashwanthreddy7793]

The demand curve is made by aggregating the demand from every consumer in the market, not just one specific consumer's price for different quantities. So basically if the price is 50, 75 people are willing to buy. If the price is 75, only 50 people are willing to buy because the other 25 people thought it wasn't worth it. Now to explain consumer surplus: when the price is 50, you have those 25 people + the 50 people who would have bought it even if the price was higher. For those 50 people, they'll happily save 25 bucks which is their surplus. Hope it's clear

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This is kinda goated

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Thank You so much sir. Please do one video for topic "Returns to scale" with diagramatic explaination.

[@JohnWilson-qy8en]

Thank you for your excellent help !!

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I was here to learn economics but here I'm all focused on his accent

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Banger of a video

[@rfhn2740]

7:08 he said shit
yes, that in fact is everything i understood from this video

[@rayray97509]

It was Shift. Not Shit😂😂

[@mousumichakraborty353]

What happen the producer surplus when supply curve increase or decrease or when supply curve change? Similarly what happen the consumer surplus when demand curve change?

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pure love g

[@eliasalvarez6881]

Thank you, very very helpful

[@jessegomola2311]

Good video, man. Thanks.

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Thank you

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you're a legend

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[@samran4]

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THANK YOU.

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Fantastic

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Thank you sir

[@ThatWookieGuy]

Do you teach managerial econ (calculus) Dal?

[@manasigoenka7599]

Thanks

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thanks sir .

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3:50 6:06 7:50

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Thankyou 👍

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[@hemanmohabir1292]

It was helpful

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2024 I am watching. Exams next week December 😢🎉

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What exam board is this?

[@EconplusDal]

All of them

[@JohnDoe-kj2cs]

Best

[@BroTraveler]

I am embarrassed! what does it actually mean? how can it be a producer's surplus? He sold it at P2 that is it right? And he received P2 price. Then where is the surplus!!! He sold Q2 at P1 and he cannot sell it again for any less/more price. what does it actually mean!

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goated

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