How to Calculate Producer Surplus and Consumer Surplus from Supply and Demand Equations | Think Econ

In this video we explain how you can calculate Producer Surplus and Consumer Surplus step-by-step, starting with nothing but the supply and demand equations! We go over an algebraic solution to show you exactly how to calculate consumer and producer surplus given the demand and supply equations!

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#microeconomics #ProducerSurplus #ConsumerSurplus

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[ThinkEcon]

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[hungnguyen-gsoe]

thank a lot sir, you just saved my life.

[Pianodaddyy]

Liked and Subscribed! Thank you for your help!!!

[alassanemagassouba]

thank you so much; your explanations are so effective and easy to understand

[ibrahimathar]

thank you so much man, have an exam tomorrow morning and this came in clutch

[Lee-lee-wr]

This is amazing. I understood it very well 🎉🎉🎉

[ojbytue]

Thank you for clear explanations. liked and subscribed already :)

[capoags]

thank you so much, your explanations are so effective and easy to understand sir

[moseswamunyima]

Wow, you make it look easy! Thank you

[tahseentasneem]

Thank you so much ❤it was very helpful ❤

[avtomerebashvili]

thanks for that simpliest explanation, u saved me <3

[KunaiKrazy]

To be honest, I didn't have the most recent version of a textbook for my Energy Economics class so I had no examples to go off of. All other tutorials, including CHATGPT did not mention finding the 0 value, 54 value, and made no mention of finding the difference between the 54 and the 18 value and then Basexheight/2. Thank you so much for this. I think I will go get the book because it should not have taken me this long.

[priyanshukr.sharma]

this is really one of te finest explanation literally the best one

[freezymedia]

Typing from Africa specifically zambia you have just helped me do my assignment

[vishwarana]

Please share video for tax subsidies and quotas on supply n demand curve calculations
😊