Production Possibilities Curve Review
In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching. Please subscribe.
If you need more help, check out the Ultimate Review Packet for FREE
www.acdcecon.com/review-packet
Пікірлер: 976
thank you for not giving up videos to make hats
@jacobmufasa
8 жыл бұрын
+Samantha Fox iloveyou.
@yahyamotara7590
3 жыл бұрын
Hey! Those were NICE hats...
@kelvin5685
3 жыл бұрын
@@jacobmufasa I love you too Mufasa
@realchiknuggets
3 жыл бұрын
@@kelvin5685 lmfao
@manojkumartummala9115
3 жыл бұрын
😂😂
I love you. Seriously. My teacher needs a 50 slides powerpoint just to explain this, THANK YOU !!!
@fernandoINK
9 жыл бұрын
***** THIS
@ripplesr5655
7 жыл бұрын
Sabrina B. lmao!same here! 😂
@joussefabouali4795
5 жыл бұрын
50 slides!!! I think you can do it in two
@muhaimeenkhan3592
5 жыл бұрын
same here
@ASLMusic
3 жыл бұрын
Same
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
4 жыл бұрын
Durka durka
@user-du2nk2uw1d
11 ай бұрын
my professor linked us this video and im grateful
@rovercoupe7104
7 ай бұрын
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.
im convinced he does the funny parts because he knows were childish becus we cant grasp the material the first time in class 😂😂
@mathsisdeadtomenow
6 жыл бұрын
No its just to keep our fleeting teenage attention spans
@saifkilani7285
5 жыл бұрын
Omg yes hahaha
you're overwhelmingly lively. I like your teaching.
@JacobAClifford
8 жыл бұрын
+Vikramjit Bose Thanks
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.
@JacobAClifford
8 жыл бұрын
+Matimu Khosa Thanks for watching.
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 👍🏻
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
Had to long in to comment on this video. Absolutely amazing. One of the best educational videos among any subject I've ever seen.
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!
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
6 жыл бұрын
Judy Kong how did those exams go ?
@rayanamir6565
5 жыл бұрын
@@monikaraina6231 im guessing not well
@judykong7663
2 жыл бұрын
@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
2 жыл бұрын
@@monikaraina6231 Eh, I survived LOL
@judykong7663
2 жыл бұрын
@@rayanamir6565 You're not wrong.
You're the man. Great way to review for my college microecon final. Thanks a ton.
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.
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.
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!
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!
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.
@wajsk
9 жыл бұрын
EliteTech and Cacti.
@elitetech7728
9 жыл бұрын
lol
@RunaroundStar
8 жыл бұрын
+EliteTech You I like.
@AliBhai-pe7ft
8 ай бұрын
thanks
@naodteen9492
8 ай бұрын
Efficiency
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 !!!
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!
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.
You sir should run for the president ! Great video, thanks a lot.
You saved me!!!!!!!!!!!!!!!!!! Thanks for this video
@JacobAClifford
8 жыл бұрын
+Don Milton You are very welcome Don
Thank you for your hard work I thought I was gonna march into my economic finals with this information memorized against my will. Now I fully understand the concept in a matter of minutes. Thank you so much!
I'm an econ tutor and this video has been very helpful in preparing for my lessons, thank you!
God bless your soul oh my god I swear you taught me more in 5 minutes than my teacher has in a semester 🙌
I understand this so much now !!!!! Whoah in just 5min I learned a whole 45min lesson of class
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!
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.
I hate my economics teacher sm bro 😭😭
@first-itbe
6 ай бұрын
REAL 😭💀
@codm-creed
4 ай бұрын
I couldn't understand mine so I'm here
@Agent-Ceph
3 ай бұрын
@@codm-creed I understood but I forgot 💀
@garlic_bread_toast4403
3 ай бұрын
@@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
2 ай бұрын
real man
Legends are those who are here before few hours before exam
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.
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!!!!
Thank you so much! I have my Econ final tmrw! Your explanation really helped me!
You are awesome ! You've helped me in learning econ concepts in an extremely easy manner ! THANK YOU. #RESPECT
when you make learning so fun you make people understand so quick. Thank you!
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 :)
this just made everything so much clearer !
@JacobAClifford
8 жыл бұрын
+maxene foong I'm glad I was able to help.
When he said *CACTI CACTII CAAACTII* I felt that
Cacti!! Your videos rock! This dry and abstract material has been so challenging for me and your examples and energy really help!
I've been in about 5 2-hour lectures and didn't get a thing but your videos saved my life, man! Thanks!
you remind me of mark cuban
@kellandaniel5581
7 жыл бұрын
Seriously, he does resemble him!
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
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.
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!
I have a final tomorrow and this is saving my life
@arma4967
9 жыл бұрын
holy shit were in the exact same boat
@ilovsaw
9 жыл бұрын
armand yazdani Me three
@egmaalouf
9 жыл бұрын
My final is in 6 days and this is awesome
@Kobefan217
5 жыл бұрын
Micah P did you pass
@mohiuddinkhan4069
3 жыл бұрын
my final will be held in march
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 😭
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!
I have never ever enjoyed revising a concept so much before...especially because I have an exam on the very next day! Brilliant videos! Hope there are a lot more!
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 ^^
Adcd is the answer key
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
This video was amazing and your teaching method is great. I also appreciate your sense of humor (so funny!). Thank you! -Miami, FL
Not all heroes wear caps
@a.z2600
6 жыл бұрын
they wear hats i suppose
My economic teacher really sucks 😅
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...
I can only wish more professors were like you. Thank you very much for this! When they perfect human cloning, please allow them to clone you so we can have more great teachers.
It is a little odd paying thousands of dollars in tuition to be sent to KZread videos for most of my learning...
YOU LOST ME AT "WHAWAW! CACTI!! CACTI!!!" HAHAHAHA Don't worry, my lecturer lost me at "Today we're gonna learn..."
@Ak_Door-kun
3 жыл бұрын
Lol, the irony
You're an amazing teacher. Explained economic concepts well and in a fun way. Wilnes
This made, WAY more sense than it did in my econ class, thank you!
why can't teachers be like this??? I need fun teachers not teachers that talk and talk and talk and don't explain shit.
I still don't get how to calculate the opportunity cost
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:)
I would have failed my PPC test without this AWESOME video! Thank you Jacob!!!
is production possibilities curve (PPC) the same thing as production possibility frontier (ppf)?
@JacobAClifford
8 жыл бұрын
+Sumaya Rahman Yes, this is exactly the same thing
Thank you for saving my grades lmao
Mate this video is unreal, literally explained it like a boss understand so easy. Appreciate alot!!!
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 :)
I’m so lost
Taking an AP Microeconomics test tomorrow and I'm pretty sure this just saved me. Thank you so much.
OMG Thank you for your videos! I am taking economics online and I am having a hard time. But thanks to your videos it all makes sense and there so fun to watch.
Go to 4:45 and skip back 10 sec for a suprise
@abhiklovesbadbitches
5 жыл бұрын
lol i cant stop laughing
4:35 lol
I'm here to study for my master for my econ class. your energy is contagious =) thanks from Saudi Arabia.
Fantastic instruction. Quick, simple and to the point. Thanks!
I hate the fact that he is really good at teaching economics, but at the same time he is such a freaking doofus.
@JacobAClifford
9 жыл бұрын
Soulless64 Doofus? More like charismatic hot stud:)
@elitetech7728
9 жыл бұрын
Soulless64 Humor helps us pay attention.
@TopWorldTalentHD
8 жыл бұрын
+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
5 жыл бұрын
I think he's sexy! hot econ prof! lol.
Thank you so much! Way easier to understand than the convoluted way the professors teach it.
love your teaching style!!. you made this concept very easy to understand, others would have taught it in a boring way..
literally, have a test tomorrow for this and you totally saved me, thank you
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 !
truly blessed with the gift of teaching,love the energy.thank you and keep it up
Third week in the semester and my teacher can't even explain this to us all. THANK YOU!!
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!!
This video really helped me to understand this concept of economics. Thank you!!
You make it sooooo much easier THANK YOU!!!
great teacher, very brilliant, I never seen such teacher like him who explain like this way,
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....
You are excellent teacher. I have seen many videos of economics but you are much better .
in my first year of uni, this video explained everything so easily TYSM !!!
Thanks so much, I learned way more from the 5min video than 5 whole days of being “taught”
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.
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
You are an amazing teacher ! The way you teach is being very helpful, keep going on like this sir :)
This video enlightens me about the production possibility curve. Thank you.
You are reaaly good at what you do sir. I appreciate it! Thanks for helping us.
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...
OMG THANK U SO MUCH MAN! Tomorrow I have my final exam, and I haven't even studied! Thanks A LOT! Keep on making such great videos!
This video was so helpful and I feel better prepared for my microeconomics final now!
my Econ teacher had us watch this video to explain the PPF t o the class and I wish you were my teacher. I love the ACDC belt buckle and as someone who does make hats like that I'm jealous.
just found your channel and now i know i’m not going to fail my test tomorrow