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Calculus Proof of Perfect Competition 

Economicsfun
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Tutorial on the perfect competition using calculus. In this tutorial I prove that profit is maximized when Marginal Revenue = Marginal Cost (MR = MC). This is typically taught in a microeconomics class.
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15 янв 2012

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Комментарии : 25   
@b.g.3851
@b.g.3851 6 лет назад
Thanks! I have not had calculus yet but I still found this helpful in understanding why this is so. I have had pre-calculus algebra. If others watching have not had calculus yet, you might still want to watch it as long as you have some algebra.
@dannymiller504
@dannymiller504 8 лет назад
My, what a soothing voice you have. "All the better for explaining economic theory to you, my dear" would be my pocket retort, in this case.
@crizzamarie
@crizzamarie 2 года назад
Thank you, this is very helpful. Just finished all of your three videos. I learned it faster than it was taught in my class.
@mdureva
@mdureva 9 лет назад
so good explanation - you cannot find that in books!! Thanks very much!!
@economicsfun
@economicsfun 11 лет назад
Always wonderful to hear that videos are filling in the gap. Make sure you like MyBookSucks on FaceBook (see link in video description). This will help others find the educational videos.
@profusionfitness
@profusionfitness 8 лет назад
keep up the good work ! the way you are presenting everything is great ! everythings really clear :) Thank you !
@MrMarkgyuro
@MrMarkgyuro 4 года назад
i wnated to get deeper into economics after implementing the theory! thank you for your clear videos!
@laurynai
@laurynai 2 месяца назад
Great channel, very clear information 🧑‍💻
@OnFaYa
@OnFaYa 11 лет назад
great video! It really helped me understand wth my prof was scribbling on the board
@AsgharKhan-fd1ul
@AsgharKhan-fd1ul 12 лет назад
calculus jst clears everything. thanx
@matthewkapesa5689
@matthewkapesa5689 5 лет назад
This is helping me to understand thank you so much.
@Horsefording
@Horsefording 12 лет назад
Great video. I would have one request that you bring in a little more of why things happen. Great explanations of what happens, but I still go away feeling that I have to remember what happens instead of being able to deduce what happens because I know why they happen.
@mkhanduri
@mkhanduri 9 лет назад
Great presentation and concepts are elaborated so well. Thanks for sharing such videos.
@economicsfun
@economicsfun 9 лет назад
+Mayank Khanduri You are very welcome.
@economicsfun
@economicsfun 12 лет назад
@xbsl123x Thanks for your feedback and that is hard to do. It is something I strive for concise, clean to the point. I have often thought of making different versions of the same video for the novice, intermediate and advanced student. Thanks again.
@nanayawsonmeshack6831
@nanayawsonmeshack6831 9 лет назад
i love ECONOMICfun. great work
@economicsfun
@economicsfun 12 лет назад
@Horsefording That is a great suggestion. I plan on making a series of companion videos on the "economics of life" where I explain the economics of why people post on facebook or RU-vid.
@mmchaava
@mmchaava 9 лет назад
very good presentation; incredible teaching skill
@economicsfun
@economicsfun 9 лет назад
MacDonald Chaava Thank you! If you get a chance like, share the videos (and www.Facebook.Com/PartyMoreStudyLess). This will help others find the videos. Good luck in your studies too.
@economicsfun
@economicsfun 12 лет назад
@knallbirne3000 Thanks! Appreciate the feedback and I hope the vids help you get an A in your classes.
@tyrians6376
@tyrians6376 2 года назад
Why doesn't this same proof apply to monopolies?
@drallisimo34
@drallisimo34 8 лет назад
cool!!!
@user-wl2xj1tx1z
@user-wl2xj1tx1z Год назад
You are right. My book sucks compared to this way to teaching.
@dimitriysokolov1257
@dimitriysokolov1257 9 лет назад
+1
@knallbirne3000
@knallbirne3000 12 лет назад
Sorry, but i have to disagree and say your videos are perfectly sized and everything top !
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