Taxes on Producers- Micro Topic 2.8

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I explain excise taxes any show what happens to consumer surplus, producer surplus, and deadweight loss as a result of a tax. Make sure to watch the section about tax incidence and who pays the majority of a tax.

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this makes so much more sense in 5 minutes than it did in the two hour lecture

sarahs
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Professor Clifford, I just want to say what a wonderful service your economics videos are.
As an undergrad who is frustrated by my Econ professor (who seems to like puffing his intellectual chest by making elaborate points and examples) you really seem to prove what a good teacher looks like. A good teacher is not someone who can assert their intellectual superiority by impressing dummies like myself, but is rather someone who can explain a complex theory in a simple, and understandable fashion.
Thank you so much for making these videos free as they are vital for struggling students like myself, even 5 years after you have created them!

pmmemes
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Wow. When my professor was explaining this lesson, I was overwhelmed and completely confused. Now I completely get it thanks to you. You save lives. Thank you!

jaselinmunoz
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lets take a moment of silent to bless and thank god for this man

krischarles
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Sir....Hats off to you!! You helped me in High School and now in University!!! I will NEVER stop recommending your channel to others!!! Thanks a lot!

kelebogilemokoka
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Econ final in 12 hours. only wish I found these videos sooner. Pray for me

troypetersen
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Things that I never learned in lectures and self-study, now I've become master by merely watching them on this channel and more importantly in just a few minutes. Tons of thanks for this extraordinary channel which made things quite understandable for all its followers.

pooyanhatami
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HEY YOU! Fellow high school econ student! if ever forget what goes to the government look for the box with "wings" (the left a right wings haha) .The money that goes to the government will alway be the box with triangles on both sides. pause at 2:39 to understand what i'm saying. The wings will either be the producer and consumer (taxes) surplus or dead weight loss (tariffs). I made up this mnemonic and got a 98% on my Unit 2 Test!!

penpendoggo
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Dude, you're the kind of guy who I would pay ridiculous amounts of money so you could perform seminars in Universities and Colleges on "How to hire professors". The thing is that it is not just this course that makes you a "cool prof." it is actually within your nature to be like that and this is an attribute that needs to be present in a hiring process of a professor. Your communication style, in general, has a positive effect on students and you connect well with them, I haven't seen you in person but I'm pretty sure this is the way it is. I'm pretty sure that students even tend to talk about their problems outside of the class with you as well. Lastly, please keep this up and I'm not going to say "hopefully every person teaches like you do" because then there wouldn't be much appreciation for people like you!

thereader
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I never could've thought that I'd find a video from 10 years ago and from a guy across the world to be so helpful.

userx
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Prof. Your 5 Minutes Video Is better Than Our 1:30 Hour lecture
Really You are a Magician❤

mustaqeemrajpoot
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This video actually blew my mind with how clearly and effectively you explained this topic.

sharonneedles
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All it takes for Econ teachers to make a little bit more sense is attitude. Everyone knows listening to economics for two hours straight is boring. Any teacher willing to keep the students attention are going to be winners 🤝

christianfleming
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Much easier to understand than our Prof. :)

Tube
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Can't thank you enough. Really enjoy the enthusiasm and upbeat attitude in the videos, really helps with staying engaged!

WZLR
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Mr C can still makes me crack a smile even when I'm cramming for my econ test at 1 in the morning XD Thank you so much :)

piperjeonghokim
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This guy is what we call a economics legend thank u sir .I could say before I found ur channel I was seeing flames in my papers 😂 after watching Ur videos and making notes I'm finally understanding this module in university

thatnewguy
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You just taught me my ENTIRE Econ 101 course in 2 days. I appreciate you. hahah keep it up !

benripka
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You, sir, are a life saver. You really simplify things and make them easy to understand. Thank you for my distinction. Now, hopefully I'll score another one today.

annetepeter
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Hi Jacob, I've been doing Economics this study period and watching your videos which have been a great help. Keep it up, you've got an excellent way of simplifying economic theories that makes it easier to understand

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