How to Calculate Market Equilibrium | (NO GRAPHING) | Think Econ

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In this video we explain how to use the demand and supply equations to solve for the equilibrium price and quantity values (often referred to as P* and Q*) using just algebra! This is something which you will need to know how to do throughout your studies in economics, so it's definitely worth reviewing to ensure you understand it.

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Don't forget to like the video and subscribe to the channel to see more economics content like this in the future! :)

ThinkEcon
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Broken down so perfectly that even someone like me who's mathematically illiterate can understand it. Thank you; you've earned a new subscriber!

killerfrank
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was battling to understand this by myself from my course notes, in a couple minutes you taught it to me perfectly. Thank you so much dear brother

bullshitbilly
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Have my Mid-term next week, your video helped me to finally understand how to calculate it, Thank you!

xasashee
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I spent two hours trying figure it out just to come here and for you to explain it in two mins. Thank you

carsonleclerc
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You are really a magician. I have tried studying this concept 2 years and till now i could not get this, but your explanation is next level, I appreciate you. thanks and much love ♥from INDIA 🕉

renumalik
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I was struggling in solving this but fortunately for me your video has helped me to understand it very well, Thank you Soo much

cynthia
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Thank you so much for this ! I’m currently taking Econ and I feel like I’m drowning.

Nescnobody
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Great video, Easy to follow along and understand

owenthomas
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That's amazing I get what i was looking for

MangokAchuil
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Thank you for helping me get ahead of my class :)🤫🤑🤑🤑

adyanchowdhury
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I owe you one bro you saved my life merry Christmas

Therealdea
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Peace be upon you. I am from Iraq🇮🇶 and a Muslim, and I am sitting and reading from you, Professor. If you are a Muslim, press like

zrkhpxd
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Keep on the good work, you're amazing ❤❤

vdqdrvo
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I watched a few videos and was so confused... this one was incredibly easy to follow. Thank You!

Pineapple
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I got what I needed, thank you so much for your efforts

Anonymous-jpuy
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thank you so much man tomorrow is my economics exam.
Easily understood love from Nepal

roshan
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thanks you not only teach how to do it but you also taught how it actually works

GaurabBudhathoki-stkv
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😂😂 thanks so much this video was very helpful to me, it help me do my assignment with a clear understanding to work out my answer
Love it...

JohnKirwai-jkqk
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Thank you so much, you explain it in a good way 😊

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