Changes in equilibrium price and quantity when supply and demand change | Khan Academy

Previously we looked at what happens to the equilibrium price and quantity in a market if supply or demand changed. In this video, we explore what happens when BOTH supply and demand are changing at the same time.

AP Macroeconomics on Khan Academy: Welcome to Economics! In this lesson we'll define Economic and introduce some of the fundamental tools and perspectives economists use to understand the world around us!

Khan Academy is a nonprofit organization with the mission of providing a free, world-class education for anyone, anywhere. We offer quizzes, questions, instructional videos, and articles on a range of academic subjects, including math, biology, chemistry, physics, history, economics, finance, grammar, preschool learning, and more. We provide teachers with tools and data so they can help their students develop the skills, habits, and mindsets for success in school and beyond. Khan Academy has been translated into dozens of languages, and 15 million people around the globe learn on Khan Academy every month. As a 501(c)(3) nonprofit organization, we would love your help! Donate or volunteer today!

[mikecreamer]

This man taught me in a 6.15 min video what my professor couldn't explain in 8 hours of class. THANK YOU KHAN!!!

[geri.hrvthgm]

love this one. no bs, no unnecessary "funny" examples, music or whatever.. thank you!

[LemonadeMouthSomebod]

RIP the other 4 graphs that never got to fulfil their lives' purpose.

[Gojo-satoru__]

No intro, no music, no asking for subscription. Pure content.

[DishonoredGOD]

Amazing. This isn't complicated once it's taught properly. Thanks

[TylerSmith-fict]

Got an 100 on my quiz because of you. Thanks!!

[naeemnajumuddin]

Definitely khan academy is doing a greaatt....greaatttt job...hatts off...and THANK YOU

[Absurd-Indian-Guy]

3 * 1.5hrs of class time was wasted by my teacher and I understood this in 6 min. What a legendary explanation.

[stephanieramirez]

Wow this was so easy to understand. Im watching this video for a quiz and what i was reading made no sense to me but this is so simple to understand. Thank you!

[adc]

THANK YOU. I’m taking economics right now and I needed help, so thank you 🙏

[geraldineguevara]

Finally I understand this! Thank you so much!

[nicolemiller]

I am an MBA student and currently taking BUSI620 and I came here because I needed a real tutor

[priyanandinibose]

where are the rest graphs of this video explained?

[dineomothotse]

Thank you! This really helped a lot. I was so confused and didn’t understand anything.

[yennako]

Thank you so much. I keep overcomplicating econ and it’s stressing me out.

[amarijordan]

thank you soooo much! I was making this waaaay more complicated in my head lmao. thank you!!!!

[gurpreet_singh]

this video is very useful I watched this video just before my mid term exam and i cleared all my confusions thx

[silvernaturemusic]

Best video on this topic in YouTube market, Much Simpler

[badugiful]

WARNING: His notation and use of the word "up" is very misleading when talking about the supply curve. Strictly speaking, when supply "increases" the curve actually goes *down*. It is therefore unfortunate that Khan writes an S with an upwards arrow to indicate an increase in supply, while simultaneously illustrating the supply curve going down and to the right. Guaranteed this is going to confuse students. For basic econ, I recommend that you not think of S as shifting "up" or "down", but rather as shifting right or left, where "right" is an "increase." Instead of short-handing an increase in supply by an "S" with an upwards arrow, he should write an "S" with a rightwards arrow on top. This sounds like I'm nit picking, but on quizzes students will shift the supply curve in the wrong direction because they were introduced to misleading terminology and notation.

[ambitiouslyanna]

I usually loves] these videos but it is concerning to me that most of my teachers specifically state that supply and quantity supplied are two different things. If there is no outside factors, we should be doing movements instead of shift with these scenarios he talks about. Now I’m just more confused :(