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Demand and Supply Explained- Macro Topic 1.4 (Micro Topic 2.1)
6:43
YouTubeJacob Clifford
Demand and Supply Explained- Macro Topic 1.4 (Micro Topic 2.1)
Thanks for watching. In this video I explain the law of demand, the substitution effect, the income effect, the law of diminishing marginal utility, and the shifters of demand. Make sure that you understand the difference between a change in quantity demanded and a change in demand. This is the first video in the unit Playlist. Make sure that ...
4.2M viewsSep 7, 2014
Demand Curve
Learn to draw the Demand & Supply Curve in 60 seconds! 📈✨
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Learn to draw the Demand & Supply Curve in 60 seconds! 📈✨
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Big economies can carry high debt because global crises create safe-asset demand (Treasuries) and because a shadow reserve system (gold & commodities) keeps liquidity flowing outside the public ledger. Conflict → higher gold flows to hubs (Dubai) → Swiss bars → Western financial channels. Fear → bid for safe assets: money rotates into USD/Treasuries, ironically lowering funding stress for the US despite rising debt. Aid cuts to Africa don’t fix conflict; they often increase illicit extraction (g
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