indifference curves

indifference curves and budget lines

Пікірлер: 299

  • @laswan1122
    @laswan11228 жыл бұрын

    I have learned more from this man in one video than I have from my econ professor all semester.

  • @Channel10Alexandre_lubin

    @Channel10Alexandre_lubin

    7 жыл бұрын

    me too !!!

  • @jamlessjimin1552

    @jamlessjimin1552

    7 жыл бұрын

    Linds true m8

  • @anselmochung3666

    @anselmochung3666

    5 жыл бұрын

    @@jamlessjimin1552 currently preparing for a midterm and I attend a top 3 MBA program in the US, and have learned a lot from this video in 10 minutes and will definitely help with my preparation.

  • @sushmammarebal7471

    @sushmammarebal7471

    4 жыл бұрын

    Same mate!

  • @mercysakanya2672

    @mercysakanya2672

    2 жыл бұрын

    Don't compare because your professor gave you an introduction to the topic and now this lecture here is complementing the knowledge you gained from the professor.

  • @JesseEspaillat
    @JesseEspaillat8 жыл бұрын

    I find Economics much more interesting taught in a British accent.

  • @Tamodiren
    @Tamodiren10 жыл бұрын

    This Guy deserves a medal..

  • @2808jonny
    @2808jonny8 жыл бұрын

    These videos taught by this man are amazing, clear and simply taught. I find my economics book which I use for class extremely complex (and scary). I have avoided economics my entire life but I need to learn it in order to obtain my Master's degree (Public and International Affairs). The videos on this channel are saving me from failing my Intro to Microeconomics class.

  • @ehsantavakoli7843
    @ehsantavakoli78437 жыл бұрын

    Finally, I found something literally useful to understand indeference curve , Thank you sir!

  • @Ezinma88
    @Ezinma887 жыл бұрын

    This video was great. I've been struggling along with my textbook trying to get an understanding of indifference curves all afternoon. You just explained it in less than 10 minutes. Thanks!

  • @kunwershayan1107
    @kunwershayan1107 Жыл бұрын

    Good lord, how beautiful these curves are once you get a hang of them. This helped immensely.

  • @richyblitz
    @richyblitz12 жыл бұрын

    You can tell how passionate he is by the way he beats up the chalkboard! I dont recall my professors ever doing that, Paj, your the best!

  • @naevero
    @naevero5 жыл бұрын

    Yessss! You explain this so beautifully. I understand indifference curves and the PPF/budget line more now.

  • @raulalfonso27
    @raulalfonso278 жыл бұрын

    Clear as water.The best explanation I've found on the subject. Thank you so much.

  • @bboycrazyjames
    @bboycrazyjames10 жыл бұрын

    you are an excellent human being

  • @bianchirosario7165
    @bianchirosario71659 жыл бұрын

    awesome!! My brain was fried last night and today I woke up with a positive attitude...and looking at this video i'm so happy to say this helped!!! please keep it up!!! awesome!!!!v

  • @levanfirst2574
    @levanfirst25747 жыл бұрын

    Turns out, the concept is fairly straight forward, thanks

  • @bastiaanvdz
    @bastiaanvdz11 жыл бұрын

    thank you so much! unbelievable how a 10 minute video is more useful than a whole chapter in a book!

  • @irvingariasdromundo3324
    @irvingariasdromundo33249 жыл бұрын

    I just wondered why did you stop uploading videos, you are so GREAT!!!!

  • @gingercoy3213
    @gingercoy32138 жыл бұрын

    Thank you! You are excellent at explaining complex problems. I have watched your other videos and found them also to be a life saver.

  • @wren5065
    @wren50658 жыл бұрын

    Economy was one of the subjects that made me sleep all the time. You've just changed that. Great video. Thanks.

  • @wuaarg
    @wuaarg15 жыл бұрын

    Some more props van Amsterdam. Have an exam next week on micro economics. This vids really are really helping me to comprehend issues better.

  • @snander_batch8402
    @snander_batch84023 жыл бұрын

    I'm in an international economics course, but I haven't taken intermediate micro for a year and this served as a really good refresher!

  • @hereno1
    @hereno114 жыл бұрын

    wow, it's like making a three-page discussion in a book into 10 minutes but with the same content. thanks for making our lives easier.

  • @terpshoops27
    @terpshoops2715 жыл бұрын

    Love this guy, saved me on my last mid term.

  • @balamourougane8218
    @balamourougane82184 жыл бұрын

    Point to point explanation. Live long Professor

  • @hoylemanggmail
    @hoylemanggmail10 жыл бұрын

    This is better than my microecon book, done in ten minutes that most teachers spend a whole lecture on. KZread (or some other service) should become an open forum for professors to compete. This video for instance becomes the gold standard for indifference curves. The next teacher is free to try and beat this, ranked by voting and judging. Eventually we'll have a full video suite on microeconomics better than any college. For free. This could work for many subjects.

  • @MrAdam7275
    @MrAdam72758 жыл бұрын

    this man is a genius! love his videos!

  • @Techinsane011
    @Techinsane0119 жыл бұрын

    A million thanks and a million wishing you a great life because this helped me with my assignments.

  • @camerattack
    @camerattack11 жыл бұрын

    I learnt more in this 9minutes than I did in my 1HOUR lecture! big big thanks!

  • @ikramnoor6332
    @ikramnoor63327 жыл бұрын

    really amazing 10 minutes approx 3 concepts cleared .. love u sir and God bless you!

  • @aishabello6837
    @aishabello68374 жыл бұрын

    This has shed more light than i thought it would

  • @bentbush
    @bentbush14 жыл бұрын

    don't have words to express my gratitude for the prof.Great job sir. carry on with the noble job. Everything crystal clear and understood.

  • @greatness91
    @greatness9110 жыл бұрын

    Give this man a medal, he explained in 10 minutes what my professor explained in an hour.

  • @pickledbushman
    @pickledbushman11 жыл бұрын

    Im doing a degree correspondence, so lectures like this are invaluable. You are the best economics lecturer on KZread :D

  • @bugalooshrimp92
    @bugalooshrimp9212 жыл бұрын

    Thank you! my lecturer went through this immensely fast and assumed we all understood it just like that, thank you again!

  • @MilnerGaming
    @MilnerGaming8 жыл бұрын

    literally got more from this 10 min video than my 2 hour eco lecture cause my lecturer is useless. thanks heaps!

  • @SolomonMumo
    @SolomonMumo9 жыл бұрын

    That was really helpful; especially now I'm revising for my exams

  • @Burhanbbq
    @Burhanbbq10 жыл бұрын

    Man, you're amazing. Come teach at my university. Actually understand the idea of indifference after watching this. Thanks a lot, keep making videos mate!

  • @Tracywithafacey
    @Tracywithafacey13 жыл бұрын

    You are a god send. You helped me loads through A Level Economics and now you are helping me through my degree. Thanks and continue making great videos.

  • @tracygeorge63
    @tracygeorge6311 жыл бұрын

    No idea what my professor was tring to say about indifference curves and budget constraints. Your video cleared it up...thanks. BTW I have been watching your videos for a couple of years. Very helpful.

  • @anitaspahijaj1700
    @anitaspahijaj17007 жыл бұрын

    The best explanation I've ever seen about these curves, thank youu.

  • @antonweerasinghe7897
    @antonweerasinghe789711 жыл бұрын

    Good work, I enjoy your lessons as they are very simple and to the point.

  • @zawmachangsan4229
    @zawmachangsan422910 жыл бұрын

    i wish u were our economics prof in our college.. i would never have failed with a teacher like u .. thanks alot..

  • @pajholden
    @pajholden13 жыл бұрын

    @MrKingJumbo thanks for getting in touch- as the consumer has more to spend (and their budget line shifts outwards) they choose to use a greater proportion of their extra income on cars. Cars mus have greater income elasticity of demand in my example... pajholden 1 sec ago

  • @kkawesome1234
    @kkawesome12347 жыл бұрын

    Amazing video, thank you so much!

  • @angelicasald10
    @angelicasald1012 жыл бұрын

    Teachers are amazing; thank you so much for taking the time to do this. As you can see, you have helped many people!

  • @boudchou5993
    @boudchou59937 жыл бұрын

    Perfect! Clear and precise.

  • @maddi62
    @maddi6214 жыл бұрын

    Excellent videos. Well done

  • @AlexanderEngels
    @AlexanderEngels15 жыл бұрын

    Incredible! Thanks & appreciation from Amsterdam!

  • @Iphigenia-hl5uc
    @Iphigenia-hl5uc6 жыл бұрын

    Thank you. Your explanation is impeccable.

  • @sssam844
    @sssam8444 жыл бұрын

    this is really useful, i've passed my microeconomics 1 exam without knowing this(with bad score but still) and now that i learn the second part, finally I got exact knowledge what the hell the indifference curve is...

  • @TheFinishLine17
    @TheFinishLine1713 жыл бұрын

    Very helpful, particularly your explanation of why indifference curves are convex at 02:12. Many thanks!

  • @craigjacinto1197
    @craigjacinto11976 жыл бұрын

    Excellent Video!👌

  • @mutherFCUKERjones
    @mutherFCUKERjones10 жыл бұрын

    Yes sir, you have done a tremendous excellent job by elaborating this topic. Which took me one week to try to figure out what the heck was going on! Thank you so much for making life soooooo much easier! Many thanks!!!

  • @gg8
    @gg813 жыл бұрын

    Excellent video, thank you very much. You seem to have an ease to explain concepts logically and clearly which many, many other teachers don't have.

  • @yukikotajima21
    @yukikotajima217 жыл бұрын

    Thank you! I understand it a lot way better than reading it with so many technical terms in books.

  • @maryamahmed8391
    @maryamahmed83919 жыл бұрын

    Very helpful :) nice explanation

  • @steviemccallum
    @steviemccallum8 жыл бұрын

    Great video, thank you for sharing!

  • @Amnaaa789
    @Amnaaa78910 жыл бұрын

    Such a good teacher. Thanks a lot.

  • @SunilKumar-nh6tp
    @SunilKumar-nh6tp2 жыл бұрын

    Very good and concise presentation.

  • @kommander185
    @kommander1857 жыл бұрын

    Best explanation I've seen yet, thank you sir.

  • @RaviPrem898989
    @RaviPrem89898914 жыл бұрын

    very well done. finally, an economist that can teach.

  • @Animeprincess10
    @Animeprincess1011 жыл бұрын

    The wonders of youtube, now I have found a starting point for my essay.

  • @FoxtrotDelta11
    @FoxtrotDelta1115 жыл бұрын

    Excellent, very well explained...

  • @fishymaniac104
    @fishymaniac10410 жыл бұрын

    Dat "Ohhh.. I get it now.." moment.

  • @haashi9
    @haashi914 жыл бұрын

    Phil, You make economics sound so easy and understandable!! The moment I hear about a new topic in class, I start hoping you have a youtube video uploaded out thr!! Thx a ton!! :)

  • @arifmahmudbappi1612
    @arifmahmudbappi161210 жыл бұрын

    thanks a lot for this lecture.

  • @rulllar
    @rulllar15 жыл бұрын

    hey, thanks. Another good and interesting video! I'm enjoying these very much.

  • @abelteguia1003
    @abelteguia1003 Жыл бұрын

    Great job 💡👍

  • @rmzizou3475
    @rmzizou347510 жыл бұрын

    hats off to you, thank you for all your hard work!

  • @ALisztomaniac
    @ALisztomaniac14 жыл бұрын

    Thank you so much. I really do hope your an economics teacher, cause you are an amazing teacher.

  • @N0SkillRequired
    @N0SkillRequired7 жыл бұрын

    Extremely well explained.

  • @SeanJaii
    @SeanJaii10 жыл бұрын

    Brilliant explanation sir!

  • @ankitcajay7797
    @ankitcajay77976 жыл бұрын

    Excellent class I understand everything about ppc

  • @KSIOjedibt
    @KSIOjedibt11 жыл бұрын

    Awesome, very helpful

  • @mrsnehdeepchanda
    @mrsnehdeepchanda13 жыл бұрын

    this is simply superb..i cant belive i am studying for my Grad exams of youtube....

  • @D2EBONY305
    @D2EBONY30513 жыл бұрын

    Thanks I'm taking Micro online and you've been a great relief.......

  • @haweyorashid9419
    @haweyorashid94195 жыл бұрын

    such amazing teacher that is why i subscribed

  • @pomundumotatatjirongo1612
    @pomundumotatatjirongo16128 жыл бұрын

    Very helpful..... Thanks a lot,.... All the way from Namibia.

  • @ruth.beauty2701
    @ruth.beauty27017 жыл бұрын

    You sir have been sent by God!! I really needed this, thank you so much!!

  • @soemali
    @soemali13 жыл бұрын

    i'll be having my paper tomorrow and this is such a great help. thank you so much!

  • @OriginalDisplayName
    @OriginalDisplayName11 жыл бұрын

    I'm graduation from KZread University. i don't have a fancy degree to prove that I memorised shit I don't understand, but I actually have the priceless knowledge and understanding of practical things.... All for free. Thank you

  • @iliadisi1
    @iliadisi112 жыл бұрын

    I have no idea how you explane everything in 10 minutes and my lecturer needs hours to explain. plus, I understand everything here and nothing in the university! thanx a lot!

  • @pepteamsergi09
    @pepteamsergi0912 жыл бұрын

    Simply.. WOW!!

  • @rezamorshed3261
    @rezamorshed32619 жыл бұрын

    it was truly awsm

  • @hermancheong
    @hermancheong12 жыл бұрын

    @okam101 Hi Okam, you are right. Indifference curves could be linear if perfect subsitutes are involved. For that, the marginal rate of subsitution is constant throughout. Optimal utility could be achieved by solving for corner solution.

  • @mkhellboy05
    @mkhellboy0511 жыл бұрын

    nice work....keep it up...

  • @browzy2000
    @browzy20009 жыл бұрын

    Paj Holden is such a boss

  • @supernamila
    @supernamila12 жыл бұрын

    A brilliant explanation............thanks a lot :)

  • @jovenes88
    @jovenes8812 жыл бұрын

    great class. The light has shone for me! Thanks a lot!

  • @Thedjsmokeybear
    @Thedjsmokeybear7 жыл бұрын

    This guy is so good with his chalk board

  • @IrnBruFiend
    @IrnBruFiend13 жыл бұрын

    Great. Just started studying this. This video has really complemented the coursework nicely. Thanks a lot. *Subscribed*

  • @pabloderbez9733
    @pabloderbez97338 жыл бұрын

    Superb explanation

  • @waqar12348
    @waqar1234811 жыл бұрын

    simply one word great

  • @jakouni
    @jakouni11 жыл бұрын

    Whaaaaaaaaay my lecturer isn't this good . Thanx a lot 4 helping me and thousands to understand.

  • @ksa4ever85
    @ksa4ever8510 жыл бұрын

    Extremely helpful! merged two of my classes together

  • @Kallamullah7
    @Kallamullah79 жыл бұрын

    very helpful, it help me to understand this topic well

  • @priscilareyaan3009
    @priscilareyaan30099 жыл бұрын

    That was pretty awesome i appreciate.

  • @ashitaatihsa960
    @ashitaatihsa96011 жыл бұрын

    i guess the figure would be much more clearer if the products were actually sth indifferent like ice cream and chocolate

  • @cornman1220
    @cornman122014 жыл бұрын

    wow you just saved a student on his midterm exam. thank you very much! you have been subscribed

  • @sambayouth1
    @sambayouth112 жыл бұрын

    Great job, thanks alot sir, you explained it so clearly and gave reasoning to everything you said, great job :)

  • @davidazasu4874
    @davidazasu487410 жыл бұрын

    Thank you very much, your videos are superb.

  • @faca7th
    @faca7th9 жыл бұрын

    This is a very helpful video. Thanks!