U1 1:00 Basics 1:13 PPC 2:17 Absolute & Comparative Advantage 3:07 Circular Flow Model U2 4:04 Demand & Supply 5:26 Substitutes & Compliments 5:36 Normal & Inferior Goods 5:46 Elasticity 7:35 Consumer & Producer Surplus 7:52 Price Controls (Ceilings & Floors) 8:37 Trade 9:08 Taxes 9:56 Maximizing Utility U3 11:03 Production (Inputs & Outputs) 11:16 Law of Diminishing Marginal Returns 11:36 Costs of Production 13:00 Economies of Scale 13:37 Perfect Competition 14:25 Profit-Maximizing Rule (MR=MC) 15:20 Shut down Rule 16:05 Accounting & Economic Profit 16:30 Short-Run --> Long-Run 16:56 Productive & Allocative Efficiency U4 18:02 Monopoly 18:53 Natural Monopoly 20:01 Price Discrimination 20:22 Oligopoly 20:31 Game Theory 20:42 Monopolistic Competition U5 21:51 Derived Demand 22:07 Minimum Wage 22:19 MRP & MRC 22:52 Labor Market 23:30 Monopsony 24:05 Least-Cost Rule U6 25:11 Market Failures 25:27 Public Goods 26:00 Externalities 27:21 Lorenz Curve 27:44 Gini Coefficient 27:53 Types of Taxes i have no life.

@rikamiku971

7 жыл бұрын

Austin you're a god

@tanchomi4396

7 жыл бұрын

Austin YOU DO HAVE A LIFE!

@kiarajay4504

7 жыл бұрын

Austin thankyou thankyou thankyou your a lifesaver

@TheJigoChigo

7 жыл бұрын

Austin you actually do have a life, the time you spent gathering all these subtopics helps so many people here finding structure and saving time. The time you spent gathering all this, saved time times 1000s. You show me why i love the internet, information is brought across super fast and you structuring it helped contributing to others and me understanding things faster with that overview. So thinking about this you do have more life than most people, cause you elevated the life of others. I hope you have a great Saturday, cause you definitely contributed to making mine better :)

@shoedolla

6 жыл бұрын

Not all heroes wear capes. Virtually hugging you so hard right now.

anybody else watching this the night before the exam?

@cooldude3380

5 жыл бұрын

lol yes

@thesteezandthemuffin

5 жыл бұрын

Yuuuuuup

@NkalO-bh5sd

5 жыл бұрын

nah 2 hours before lol

@junexgalaxy

5 жыл бұрын

More like the morning of 😭

@danielkd6710

5 жыл бұрын

yass

This should be #1 trending rn

@asadhashmi5883

5 жыл бұрын

Fr

@catralovescartoons41

5 жыл бұрын

Deadass 30 min before the exam

@ethanhuang1166

4 күн бұрын

@@catralovescartoons41 same here. the exam's 4 days away from now and I'm freaking out.

@theoofer478

2 күн бұрын

@@ethanhuang1166 lol it's in 12 hours for me; you're probably on the opposite coast (maybe not even in the Americas?). Just remember that the marginal utility of rest for each additional unit may exceed the marginal utility of studying for each additional unit at some point ;)

this video gets seasonal views every may lololol

@user-rd8hx7hz7h

5 жыл бұрын

ahahhahahaaaahhaaahhhaaahhahahga

@snypes

5 жыл бұрын

omgggg hhhahahahaha

@zamambomkhizd9168

4 жыл бұрын

😂😂😂😂

@fatass3455

4 жыл бұрын

I got a 5 cause of this video

@Tsugomi

4 жыл бұрын

fax

You've taught me more in 28 minutes than my teacher has in an entire semester. I can't thank you enough Mr. Clifford. You rock!!

@dann9893

5 жыл бұрын

same

@zacharyquinn3282

5 жыл бұрын

Same

@davidespinal6143

5 жыл бұрын

Sammee

@joseluisancu914

5 жыл бұрын

Same😂👌

@jackgaertner807

5 жыл бұрын

thtrshgt i hope you get a 2 on the exam just because of your negativeness. yeah i just went there

Good luck to everyone taking the test tomorrow, may the force be with us all!!!

@bigboymatthew7471

2 жыл бұрын

lol how did u know i was watching it the day b4

@anthonykim2828

Жыл бұрын

what u doing right now

@catboi9362

Жыл бұрын

damn how did you know

@kyrawoodruff2344

Жыл бұрын

By the force obviously😁

@aliabloomgarden3999

11 ай бұрын

@@kyrawoodruff2344 doing the late exam Friday 😭 how’d it go for you?

Anyone else here in 2020 because online learning has failed you?

@crystalbrewster1122

3 жыл бұрын

Yes

@krisyarbrough6391

3 жыл бұрын

Meee!!!😩

@salomekalu8080

3 жыл бұрын

Yesss!

@MattyIceTheSpice

3 жыл бұрын

you've no idea bro

@KingTavi

3 жыл бұрын

Damn its December

Yeah.... 2021 test takers good luck tomorrow. Also go to sleep, i know it's late. You need the sleep. You're going to do great.

@srijansharma4987

3 жыл бұрын

Thanks brother i've been panicking

@Daniel-nm2qb

3 жыл бұрын

@@srijansharma4987 I’m standing outside the test building 😂

@prashantsubedi4241

2 жыл бұрын

In about 1 month my final exam starts Serious business is about to start😎

@nxshii3576

2 жыл бұрын

I haven't studied at all, I can't sleep 😭

@Shadow-nk5ml

2 жыл бұрын

@@nxshii3576 man I'm exhausted

What did you think? Was it helpful? Do you want me to make a macro version?

@PotatoheadedTriball

7 жыл бұрын

Please make a marco version! Thank you so much for your videos

@ArmaanGoyal3

7 жыл бұрын

Yes please! It'd be awesome if you could.

@eradjin8159

7 жыл бұрын

ACDCLeadership That was very useful for me ! Thanks ! I'm a French economics student and you review all what I've done this semester. Nice video ! Keep continuing !

@satyamgaba

7 жыл бұрын

make it today only. I have exam tomorrow

@number11role56

7 жыл бұрын

Macro would be greatly appreciated

It’s that time boys

@trackpad1629

2 күн бұрын

You're a bit too early, that time doesn't start until tmr at 7

@alpha8222

2 күн бұрын

Hell yeah

@yusufnada3741

2 күн бұрын

as a person in the UAE... only 3 hours left. I went to sleep at 10, and I've only been able to get like 2hlurs worth of sleep. it's my first ever ap exam and I'm scared as hell.

@bidoofboy329

2 күн бұрын

Lets lock in brother

anyone watching this the night before the exam? (good luck to everyone taking it)

@j54gojo8

Күн бұрын

the night before the night before (Im still cooked)

the BEST econ teacher on the internet, maybe ever

@nacho6883

4 жыл бұрын

시험 잘보세요 :)

@JK-wx5tm

4 жыл бұрын

화이팅

I think it's safe too say, Mr. Clifford is a legend.

@oguzhanaksoy9974

5 жыл бұрын

Yes you right my english level is not good and i can not understand . I understand but not good

@cindyz6892

5 жыл бұрын

He definitely is

@AK_Productions500

2 жыл бұрын

You got a big nose

@valeriopelillo6401

Жыл бұрын

agreed

I am now realizing how little I've learned in my econ class this year...

@fluffybunny3490

4 жыл бұрын

Same

@youngslice5985

3 жыл бұрын

I've just been zoning out in class and looking up answer keys to all the worksheets so yeah I'm pretty much going in blind

@BlueSkyeASMR143

3 жыл бұрын

update: i ended up with a 3 and i’m an accounting major now, it gets better guys

@sakibkhan5383

2 жыл бұрын

@@BlueSkyeASMR143 wtf how

@amirulhabesha

Жыл бұрын

@@BlueSkyeASMR143 wait actually?

Just a review eh? Nah I’m learning all this now ;)

@ynot9742

3 жыл бұрын

so true

Cramming for tomorrow's AP Microeconomics Exam :(

@thanawatt5952

5 жыл бұрын

just wing it, easy

@stephenlee1664

5 жыл бұрын

Only a hour away from taking it.

@ladybug193210

5 жыл бұрын

same

@prathamsoni7286

5 жыл бұрын

the Micro National Exam is tomorrow Nice try though

@anikagupta2315

5 жыл бұрын

@@prathamsoni7286 some people don't live in america, pratam

It’s that time again friends

Hello Jacob, just remembered your channel out of the blue. back in highschool you saved my ass. I had to cram ap micro and macro in less than a month. I studied using your videos and was able to pull a 4 and a 5. Thank you so much brother. It's so good to see your channel being successful now. Wish you the best, One of your many former student

watching this the morning of the exam. this man carried my grade all year long (i ended wit a 104%) (buy the ultimate review packet)

Got through ECON 101 thanks to this. Learned in a few hours of watching, rewatching and doing practice work while watching for what college took over 4 months to teach with me barely understanding anything. Life saver.

Your review packet is a positive externality

@zacharyquinn3282

5 жыл бұрын

I see what you did there

@zacharyquinn3282

5 жыл бұрын

@mattpasterstudent It's under supplied!

@siraeonjay

5 жыл бұрын

Merit good

MR CLIFFORDDDDDDDDDDDDDDDDDDDDDDDDDD!!!! THE GOAT... ive never opened an econ textbook thanks to you... when i actually have money imma buy 10 damn review packets. OATH

Macro Cramming Was 2 days ago Micro Cramming Is Now You are a god!!!

@guzaboo5831

5 жыл бұрын

I haven't done any Micro since December. I've got so much to review. Hopefully it all comes back to me. Good luck tomorrow!

@Wizard__OW

5 жыл бұрын

@@guzaboo5831 I'm in the same boat. I wish it was a full 2 semester class

@guzaboo5831

5 жыл бұрын

I took macro second semester. I just wish my teacher did a micro review after school or something. Even a week of review and practice would've been extremely helpful.

@fluffybunny3490

4 жыл бұрын

I did both at 2X speed before my practise exam

@ynot9742

3 жыл бұрын

lol so true

My exams in a half hour, it’s my third time redoing this subject and I only discovered these videos a few weeks ago. I’m walking in confident for the first time. You’re a legend Jacob, thankyou.

@samurduarte4064

10 ай бұрын

How did you do??

@ananyan6721

7 ай бұрын

me too...totally doing this the third time and hopefully the last time.

@jayk8756

6 ай бұрын

Did you pass?

@ananyan6721

6 ай бұрын

​​@@jayk8756 I will know in Jan 24

@hoodbing8407

4 ай бұрын

bruv what happened?

Hi Mr Clifford, i have just passed my economics module retake and i have no doubt in my mind that it would not have been possible without you and your videos. I want to sincerely thank you as if it wasn't for you i would be packing up my Uni dorm and heading home right now. Thankyou so much for the help, your awesome!!

that time of the year again, this video is about to do crazy numbers

THANK YOU JACOB, I WATCHED ALL YOUR VIDS IN ONE DAY SINCE MY EXAM IS TOMORROW. I LOVE THAT YOU DON'T WAFFLE AND ARE STRAIGHT TO THE POINT IT IS WONDERFUL

Thank you so much Mr. Clifford. Today I finished my G.C.E Advances Level in Economics exam (second attempt). Thank you for this amazing video. This is such a gem. I'm proud to be one of your KZread students. Thank you.

Man. I passed the midterm. Barely, but I DID pass. Economics is the hardest subject for me and I couldn't have made it through without you! Thanks for being my online teacher

After failing micro economics twice, I finally understood it in a 30 mins video😄 I watched your videos 2 weeks before exams and and the exam day just for revision. You are doing a really good job. I got a B+ and trust me thats a big deal for someone that couldn't understand the course

Preparing to transfer to start my bachelors this spring. Best crash course i’ve found to remind me of what i know, and what i need to work on Great stuff!

signed up for microeconomics for next semester, im watching this over winter break so i can not be lost when my teacher talks like i know i would've been without you. thanks

You explain economics better than any of my lecturers and any of my textbooks, thank you so much!

Mr. Clifford you are awesome dude. This is such great exam prep for my final tomorrow. God bless you man for all the good your'e doing for so many people!

I took economics mid-year of my second year of O level in international GSCE. Mr.Clifford, you videos are ALL that have helped me these past six months. thank you so much!! and your occasional sarcastic edits are THE BEST! (especially the hyper inflation one "I'm so hyper!! hyper- inflation!!!!" YOUR AWESOME!

We must protect this man at all costs! I passed Macro earlier this year and just got back from passing my Micro clep. Used the Ultimate Review Packet and watched all the videos. Thanks Mr. Clifford, you are the absolute GOAT!

Honestly this was more helpful in understanding the material than a whole semester of classes.

@thorodinson6649

Жыл бұрын

My professor, Freitas, does not ever teach.

Hi Mr. Clifford. I got my microeconomics final exam grade today, i passed with a 10. I might go for a grade improvement next semester but I just want to thank you for having made these videos, if it wasn't for them I wouldn't have passed, they really made the difference! It's amazing how a teacher from the US, I'm assuming, could help me so much better than my actual lecturer here in Portugal. I want to leave my big thanks here for helping so many people, I was just one of them, and sorry for not having bought your Ultimate Review Packet. If I could just give you the money in cash I'd have given it in a heartbeat, I just don't really have a PayPal account, and I'm honestly not really used to doing transfers. You're such a great guy for making all this available for us, I wish you and your family all the best.

Soooo So appreciative of the amount of effort put into this, and to still keep it on youtube! The definitions and equations put up on screen is so useful for the ones i forgot to write down. Thank you so much!

who else is watching through tears lol

@markgormley9692

3 жыл бұрын

How did you get on lol?

anyone else watching this in 2019 before their econ exam?

@TheUntitledSimmer

4 жыл бұрын

Lol me!!

@KingMindless

4 жыл бұрын

3 hours before my exam :D 5am D:

@saurabhsharma4434

4 жыл бұрын

Me too, lol

@Leo57081

4 жыл бұрын

Lmao me

@PKFiddy

4 жыл бұрын

Lmao you caught me

You just saved me hours of prep. work for my Macro final. You're my savior.

Thank you so much for all videos!! Walked out of the exam today with a smile on my face! Mr. Darp and the elasticity hack with the arms helped a lot:)

Because of your videos Jacob I went into micro knowing nothing and finished my course with a Distinction! You rock!!

Thanks for publishing this a day before my Introduction to Economics exam. :) Got the packet even though it's more expensive than any coursebook I've ever bought in my country. #EuropeanAppreciation

That's EXACTLY what I was looking for as I needed to brush up my micro and macro knowledge for an interview but it would took me DAYS to find all this stuff in last years lectures and seminars. Wish me good luck for the interview guys!

@DimesCS

2 жыл бұрын

how did it go

@billclinton8125

2 жыл бұрын

did u finesse my brother allah be with you

@seanfarrell7770

Жыл бұрын

how did the interview go?

@holembac

Жыл бұрын

How did it go?

Mr Jacob's tutorials are really helping me a lot. Am sure anyone who watch these videos can testify on that. Thanks

I took AP Micro last semester and am taking the exam in less than a week, this genuinely makes so much more sense than the way my teacher described it thank you sm

Anyone for the 2020 Exam Wednesday?

@jalenponder4148

4 жыл бұрын

yessir

@Audrey-jv9uw

4 жыл бұрын

im so stressed out for it

@WaseemKhan-kf7bm

4 жыл бұрын

@@Audrey-jv9uw We're gonna crush it

@donnie56

4 жыл бұрын

That's right. Watching this video on the day of. I am so proud of my studying.

@Abby_J_20

4 жыл бұрын

I mean literally rn so yeah 😂

You LITERALLY covered everything I need to know for my economics exam next week! Love the pace and that everything has been explained briefly!

I purchased the $10 packet when I took Marco Economics and it was a lifesaver! Our teacher was not very good and was eventually replaced at the end of the semester. Now I'm rewatching videos to review for my Summer Micro Economics class.

Thank you for helping me with Econ class! I have watched so many of your videos and they truly help.Thank you again

Guys, I'm not going to lie - Mr. Clifford is the way, the truth, and the life. I went from being so depressed because I couldn't understand Microeconomics to completely crushing my final exam within four weeks this morning thanks to these videos. In fact, because he helped me so much, I just subscribed to his channel AFTER I finished both my Macro and Microeconomics college courses to give him my support. Mr. Clifford, if you're reading this, please keep rockin' on. You are what I wish every teacher I've ever had could (and should) have been and more. THANK YOU SO MUCH!!!

Alright 2019 bois who’s watching this before tomorrows exam? Also good luck

@calledonchasepillay6448

5 жыл бұрын

My exams Is next week Friday 31 May 2019 👍👍😎 best of luck people

@ryanbrownley

4 жыл бұрын

Try the morning of my exam haha

@zamambomkhizd9168

4 жыл бұрын

My exam is on Tuesday at 14:00😂😂

You got me! I’m buying now. You have a very great voice and I want to just keep listening

I'd like to thank you sooo much for helping me pass my microeconomics exam. I have an average score of 93% thanks to you. I'll be back for Macroeconomics in January next year.

My Micro professor tends to jump around a bit during online lectures and it can be confusing at times, so I'm super grateful that I found your channel! Thank you so much for the work you do; you're able to make "the dismal science" entertaining and comprehensive.

I scored 90 out of 100 and was top of the class, thank you

@Wallucks.

5 жыл бұрын

90 is good but if you're top, It was a relatively hard exam!

@MH-gn8sc

4 жыл бұрын

Teach me 😢

@actually_2337

4 жыл бұрын

@@Wallucks. I love your Charlie profile picture🔥🔥

Jacob is an incredible person. He helped me ace the AP Econ exams. Underrated.

My school crammed macroµ into one semester and this is so much to cram before the exam!

Whats up fellow crammers

The exam is this upcoming Friday, and this really helped! Thanks!!!

Seriously thank you for the youtube channel, you've saved so many students from test anxiety dude, MUCHO GRACIAS!

Hi Jacob came across your video again after a few years and I wanna thank u for getting me an A for my Econs finals after failing the whole semester. Wish I had a teacher like u

It's July of 2020, I just checked my scores, and I'm happy to say that with a ton of help from J. Clifford (and some coffee) I got a FIVE on both the AP Macro and AP Micro Exams! To everyone here taking the AP Micro/Macro Econ Exams i would HIGHLY recommend getting the Ultimate Review Packet. I had crammed for the exam a week before and decided that paying $24 to save thousands on college econ classes would be worth it. BUY the URC! You will NOT regret it!

Who's watching this for the AP Exam 2020?

@dominikgillespie2884

4 жыл бұрын

No unit 6 ;)

@leel.8796

4 жыл бұрын

24 hrs left! Let’s goooo

@dominikgillespie2884

4 жыл бұрын

Ansh Kurmi I think you’ll be okay. Watch these videos and do FRQs and practice

@jackpanozzo6004

4 жыл бұрын

I’m so fucked

@nickdaly5875

4 жыл бұрын

Jack Panozzo big facts

You Sir, are the real MVP! I'm watching all your macro videos and now this one to try to remember what i did in micro! Thx so much

I learn so much more in this 28 minutes than for the entire semester. Thanks you

OMG I used to watch crash course economics and I thought those are great, but this is even better !!!!!! (maybe because I saw this one day before my AP exam but this is soooooooo good)

Good luck to everyone taking the test tmrw!

Im not usually one to buy review guides or study material since I can find videos on KZread, but I bought the Macroeconomics review and microeconomics review to study for the CLEP exam and it was well worth the $24 for both. It saved me $2,360 to avoid having to take the class. And it’s more than just a PDF study guide. There are videos not available on KZread, practice tests, notes. I highly recommend paying this guy for the review if you can.

I don't know what to say you are literally the best, I was upset because of my exam but this video helped a lot. thank you!!!

Got the AP exam tomorrow... 100% failing. Someone tag me in like a few months (or even years if that's possible) and I'll give y'all an update lmaoo.

@noonecares9425

2 жыл бұрын

yo how did u do?

@caramelpopcorn6649

2 жыл бұрын

im doing mine online in june and im freaking out

@CubeClarityGaming

2 жыл бұрын

@@caramelpopcorn6649 im here with you brother / sister. Mine is in an hour and 13 minutes

@katiethurman1923

2 жыл бұрын

@@CubeClarityGaming ayyye same

@gabrielbatistusta2386

2 жыл бұрын

@@katiethurman1923 aye me too

i love your videos and I'm from south africa so i have no way of buying your ultimate pack i really appreciate your videos and i passed my first test in economics in university all thanks to you.

I'm an English student and this video was great to watch the night before/morning of the micro and mixed exam. great warm up

Watched this video before starting my class, this was very helpful and soaking everything in will definitely help me learn things in class better

You are the best. Saw this 3 hours before my final exam, With no preparation at all. Hoping for the best.

@Cars2155

5 жыл бұрын

howd it go?

This is awesome especially because I have my final tomorrow! I also got the review packet. I really like it so far! I am taking macro in the summer, so i look forward to using it then as well. Thanks for making it!

THANK YOU soooooo much! Due to these videos and the ultimate review packet i got a 5 on micro self studying for 20 days!!! Much love from India!!!

Your video just helped me pass the theory part of my final introduction to microeconomics class, definitely buying the package for next semester, thank you. Edit: well the exam was mostly about mathematical problems related to micro and I did horribly...however, the theory part was a piece of cake thanks to this video. So thank you

Thanks Mr. Clifford! I can see in my test results that your videos is helping me! Keep making them!

@neeldasgupta2441

5 жыл бұрын

Not helping you in grammar though

@imfrommars7362

Жыл бұрын

@@neeldasgupta2441 I hate people who think that everybody is automatically supposed to have English as their mother going’s 🤬

@neeldasgupta2441

Жыл бұрын

@@imfrommars7362 it was just a joke...

@imfrommars7362

Жыл бұрын

@@neeldasgupta2441 u should consider going into comedy 😠

@neeldasgupta2441

Жыл бұрын

@@imfrommars7362 thank you for the advice. Now that you have inspired me, I will really consider going into this field.

Saving my LIFE before my AP TEST 🙏🙏 Thanks Clifford !!

@David-qw5vr

2 жыл бұрын

Mine bouta happen in a few hours, doing as much as I can to scrap at least a 3

Passed my finals because of you...thanks alot....lots of love from Jamaica 🇯🇲...will be here for macro ❤❤❤💯💯

Watching this the morning before my microecon final. Lifesaver

Good luck to everyone who has their AP exam next week!!!

Probably the best teacher out there. Big hats off.

This is helping me study for my midterm and I’m gonna come back for the AP exam; Thank you!!!!!

Mr Clifford, Your videos are seriously an amazing tool for additional information before my final. Tell me, will you be making videos for more advanced economics classes? For example after my Micro and Macro economics classes there is a managerial economics course. Thank you for your assistance. You ROCK!!!!!!!

anybody else watching this the night before the final?

@KellyLao

5 жыл бұрын

me

@matthewwalsh6833

5 жыл бұрын

Night before 😤

@KellyLao

5 жыл бұрын

I watched it 30 mins before lol

@yashwanthb.m5969

5 жыл бұрын

@@matthewwalsh6833 same here

@JenniferBellfilms

5 жыл бұрын

It's 4:10pm and my final is at 6:15!!

Watching this a night before exams. Definitely think I'm ready now :D .

@yasminelmalti902

6 жыл бұрын

Same! How did u do? :P

@volitionant9682

6 жыл бұрын

Yasmin El Malti he unfortunately scored a D and was beaten by his parents until death.

This video is amazing. Highly recommend for those studying for their AP Microeconomics Assessments to watch this video.

You are a God sent, currently in the midst of an all-nighter with my final exam in the afternoon. Legend.

a macro one this week would be amazing thanks for the helpful videos

@othnielnem6629

4 жыл бұрын

kyle kothari wow wonderful

Let's all smash it tomorrow!

im going to keep supporting this channel cause it has been extremely helpful for me,thank jacob clifford!

Taking my Praxis 5081 in 20 minutes and listening to this as I read my practice booklet; thanks Mr. Clifford

good luck everyone on their finals

@christianbegg3265

2 жыл бұрын

u2

my exam's in 2 hours, wish me luck

@SuShiiAeLin

5 жыл бұрын

Mine is too haha good luck~!! You got thiss

@prashanthagoudapatil2209

5 жыл бұрын

Good luck

@prashanthagoudapatil2209

5 жыл бұрын

Your from

@prashanthagoudapatil2209

5 жыл бұрын

I am from karnataka....your from?

@yusref5021

5 жыл бұрын

How was ur exam ? :)

Failed microeconomics last semester cause of my lack of interest in this subject. Your explaination style here gave me more envy to work on it. Hopefully can secure a good grade this time. Thank you.

This video is a tremendous help, very well organized, summarized and explain. Thanks a lot!