Duration 12:9

Intro to Economics: Crash Course Econ 1

6 129 435 watched
0
85.8 K
Published 8 Jul 2015

In which Jacob Clifford and Adriene Hill launch a brand new Crash Course on Economics! So, what is economics? Good question. It's not necessarily about money, or stock markets, or trade. It's about people and choices. What, you may ask, does that mean. We'll show you. Let's get started! Crash Course is now on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark Brouwer, Jan Schmid, Anna-Ester Volozh, Robert Kunz, Jason A Saslow, Christian Ludvigsen, Chris Peters, Brad Wardell, Beatrice Jin, Roger C. Rocha, Eric Knight, Jessica Simmons, Jeffrey Thompson, Elliot Beter, Today I Found Out, James Craver, Ian Dundore, Jessica Wode, SR Foxley, Sandra Aft, Jacob Ash, Steve Marshall TO: My Students FROM: Mrs. Culp Culpzilla's students are amazing! You guys rock! TO: Everyone FROM: Pankaj DFTBA and keep being the exception like the Mongols. Thank you so much to all of our awesome supporters for their contributions to help make Crash Course possible and freely available for everyone forever: Summer Naugle, Minnow, Ilkka Hemmilä, Kaitlyn Celeste, Lee Toran, Sarty, Damian Shaw, Nathaniel "The Skipper" Cruz Chavez, Maura Doyle, Chris, Sander Mutsaers Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: /crashcoursekids

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Comments - 4383
  • @
    @hollycomeaux1274 years ago When you gotta watch crash course again because all your classes are online and nothing makes sense. 6397
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    @ffish37195 years ago Economics is the study of people and choices.
    opportunity cost is whatever you give up to do something.
    scarcity is the tension between incentives is a set of external (rather than intrinsic) motivators that explain people' s choices.
    macroeconomics is the study of production, employment, prices, and policies on a nationwide scale.
    microeconomics is the study of how consumers, workers, and firms interact to generate outcomes in specific markets
    .
    ...Expand
    7451
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    @truthseeker21264 years ago Im 38. I never graduated high school. Got into a relationship at a young age. Had 4 kids with him. Fast forward. He was abusive but he got still got t . ...Expand 3362
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    @cerulean22b694 years ago Im not in an economics course, im just here out of curiosity. Its such an important part of society that i want to know how it works. Anyways to everyone doing this for a class good luck: 2010
  • @
    @karangarg46317 years ago I swear this channel is a gift to mankind. 2792
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    @happyorangejuce9 years ago My entire life, i didn' t smoke, i always applied sunscreen before going outside, i was conscious of what i ate, and i exercised regularly. Now none of that matters because the comments gave me cancer. 1868
  • @
    @mosquitobight8 years ago Entrepreneurship and establishing a business should have its own crash course series. 1994
  • @
    @PrivacyKingdoms8 years ago Jacob and adrienne, please ignore all these hateful comments. I literally did not feel one negative feeling towards anything in this video. I seriously . ...Expand 861
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    @mxriamn5 years ago taking economics this year, preparing early. 1562
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    @thedemolisher48877 years ago Personally, i don' t find anything really wrong with this video. It provided a quality and informative description regarding the background nature of . ...Expand 217
  • @
    @ariel.yeater4 years ago The woman: eek
    me: oop
    the woman: eek again .
    136
  • @
    @James-jh8pk8 years ago The video starts at you're welcome 2142
  • @
    @pattty8474 years ago 5 years later and i' ve rewatched this entire series multiple times and am still delighted by how well these two get along and work together. 28
  • @
    @criftycraftay7 years ago If someone explained economics like that to me in school, i might have studied it. Great job, guys! 88
  • @
    @sora14615 years ago Quot; that computer you
    me: " how did he-quot;
    also me: " oh"
    228
  • @
    @4TRANC37 years ago Over the next 40 weeks? I have 32 hours to learn everything for my econ midterm. 47
  • @
    @petep4 years ago " who' s gonna walk to the gym? "
    this is your brain on america.
    182
  • @
    @RainaRamsay9 years ago What? They have muppets! How do they have muppets? 514
  • @
    @ishitabajpai61575 years ago This guy speaks so fast that i gotta play back everything. 820
  • @
    @wrenbartlett47417 years ago I' m 17 and the muppets intro actually soothed my internal outcry against the green brothers not being present. 34
  • @
    @TheDreadfulCurtain4 years ago Coronavirus hits and i would like to repeat those air craft carriers could be hospitals and roads. 658
  • @
    @SirusDas8 years ago Few awesome things about this channel is. 1) very well scripted 2) very well presented 3) very well explained. 4) very well compiled. Thanks for sharing knowledge! 19
  • @
    @dawnquarles85266 years ago Love the entire series as well as the individual videos clifford does. He not only made it possible to pass economics in college, but i use these videos . ...Expand 10
  • @
    @lyonlofi8 years ago Is it weird that i' m watching this for fun instead of studying? D: 2604
  • @
    @KCMMFB8 years ago You guys did read that this was intro right? Every intro class i' ve ever seen aims to butter you up before they hit you with the hard stuff. And besides, . ...Expand 70
  • @
    @beck017 years ago I can' t believe people are actually complaining about the hosts, they are great! I am watching these again after two years and they remind me why i loved this subject in the first place. 90
  • @
    @rogersnick175 years ago This crash course made economics so approachable for me, eased me into the stock market and literary changed my life. This fact this knowledge is free is a godsend. I have to donate to this channel. 6
  • @
    @tinaareddy8 years ago I wonder why we didn' t have economics in school, all this sounds extremely interesting! 372
  • @
    @aidenhanson8844 years ago Im glad my teacher made me discover this channel. 20
  • @
    @illuminatiCorgi8 years ago I don' t care that i' m 27. I wanted the muppets to teach me o_o. 1002
  • @
    @MminaMaclang8 years ago On rat tails: during the this year' s drought in the philippines, rice farmers started to starve. Crops were dying, and so were the animals. There . ...Expand 148
  • @
    @BB0FaN4 years ago The fact that these videos have a long list of subtitles including arabic makes me very optimistic and joyful. Angels exists. They make educational videos
    love for saudi arabia.
    37
  • @
    @SurvivingAnotherDay5 years ago Taking economics this year! And the next. And the next year after that. As well as the year after that.
    i' m majoring in economics.
    25
  • @
    @annamoon86848 years ago I just started watching this eco series and it took you 11 and so minutes what my teacher did in 3 sessions. I' m not saying my teacher did a bad job, . ...Expand 17
  • @
    @Jazmynnn4 years ago I cant believe im out here on summer break watching a video on economics. Quarantine has me craving school now. 8
  • @
    @StephenRichmond899 years ago Please say the rest of this series isn' t going to be this patronising. I love economics, i love crash course and i really do try to give things a good i have no desire to be mean or unkind and i have no doubt the presenters, script writers, editors, director and everyone else are brilliant people who work increadibly hard but this is just a huge shift in tone from the other crash course series. One of the assets of crash course is that it could be light hearted with great content without the usual talking down to the audience that you see invideos. Please don' t lose that.
    and thank you for all your hard work
    .
    ...Expand
    74
  • @
    @roselle96148 years ago This is so awesome! It didn' t just add fun to economics,
    it added more attractive and colorful pictures, which i dont find in my book (i' m a bit of a visual learner, so yeah)
    i' m looking forward to finishing this course
    more power to you guys!
    .
    ...Expand 33
  • @
    @headinthegalaxy4 years ago I don' t remember picking economics as a subject and yet here i am, having a break down and hoping to god crash course will help me pass.
    i' m so screwed.
    36
  • @
    @MultiSciGeek5 years ago Revisiting this after years, recently finished my exams (textbook stuff) and just realised how good this is! This is so refreshing! I love the out of box and real life application stuff! 17
  • @
    @walrusrider89936 years ago Im in my first ever microeconomics class and i am so grateful for this video series right now. 6
  • @
    @strombolijr.97826 years ago Is it just me, or is this guy in every single econ video, i literally cannot escape him. 11
  • @
    @edwardalvarez1078 years ago I choose to be open minded and give them a chance. 256
  • @
    @stevenxw8 years ago Clifford' s going to be my micro/macro teacher this year at sphs. Hahaha. 183
  • @
    @revera894 years ago Very recommendable course on economics. Easily understood, non-partisan; excellent. Thanks crash course, for the, as always, on various topics and with various hosts, entertaining education. 8
  • @
    @FAITHVDEAN5 years ago I passed my macroeconomics class, but this video taught me more lol. 31
  • @
    @ashleynaylor84125 years ago I really liked this video, because for the first time in my economics studies i understand why economics is considered to be a social science. 6
  • @
    @alexisabakasanga5 years ago I loved economics as a subject back in high school. Its so interesting, i loved this video. 13
  • @
    @freesk89 years ago Please be balanced. Can you present both sides? I mean, not just theside. Mention the chicago school/milton friedman side as well. Bon points for the hayek/von mises side! Especially on the macro side, there is controversy. Don' t gloss over it, please! That' s where the fun and excitement comes in!. ...Expand 64
  • @
    @alyssarempe94447 years ago Jacob clifford, you are one of the main reasons why i got such a good grade in my microeconomics class! 2
  • @
    @enriquephan77298 years ago This is the reason i love the internet. This kind of education for free it' s just amazing.
  • @
    @namih15494 years ago When your gcses get cancelled, so you have 5 months to do whatever tf you want, but you' re taking econ for a level without doing it at gcse, so you decide to get ahead bc you have nothing better to do. 145
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    @tonyrichengod92807 years ago I' m a 35 year-old man learning about economics (formally) for the first time, and i have to say this is one of the mostengaging, and efficient (hehe; p ) learning channels on youtube. I am very thankful i found this channel and crashcourse is definitely a pioneer and example to follow towards the future of online learning. I will show this to my children for sure. Kudos. ...Expand
  • @
    @cannonfodder89076 years ago " walking home in the rain is worse than the teeny tiny chance of dying in a car crash"
    getting wet< death.
    31
  • @
    @TheTundraTerror9 years ago I' m only 90 seconds in and i' m already screaming " fucking stop! Please stop! "
    2 and a half minutes in and it' s only getting know what? Nope. Fuck this. I' m out. ...Expand
    195
  • @
    @Tysca_8 years ago You guys are fantastic! I took a macroeconomics course in. College in spring and it was one of my favorite classes! It taught me that economics isn' t . ...Expand 2
  • @
    @goroakechi10688 years ago You guys should do one that focuses onand business! That would be awesome! 48
  • @
    @econartist51045 years ago I love crashcourse and all the material that you provide. I enjoy that you create content that is both informative and entertaining. I appreciated the . ...Expand 1
  • @
    @Eric-jb1ym8 years ago Thanks for doing this. I minored in economics but it' s nice to have a refresher plus it' s just fun. Reading let' s say the wsj or financial times and understanding the underlying concepts is awesome. 22
  • @
    @jelymarielast year Thank you crashcourse! Your videos helped me a lot when i' m still studying in college way back 2014. And because of this course together with hard . ...Expand
  • @
    @JBinero9 years ago The title is flawed. This is the study of free market economy. They said they aren' t pushing a liberal or conservative political agenda on us, which . ...Expand 87
  • @
    @mrinal3457 years ago So educational! This series is pure gold! Please cover more topics if possible: 8
  • @
    @ZxTaHeRxZ7 years ago I just added this to my playlist and will eventually watch all episodes! Adrienne totally got me hooked! 1
  • @
    @gost76884 years ago My teacher teaches us economics and he suggested this video to us. He a real one:
  • @
    @jmgaming28695 years ago My teacher suggest this video and he said i must listen carefully! So while im listening to your video i write every single word so it took me 45mins and . ...Expand
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    @ArjunTheCreator8last year You two make economics fun! Thank you for having great humor! 3
  • @
    @TheKiwiColonel8 years ago Extremely interesting and useful video, thank you so much! 18
  • @
    @meldenise7798 years ago They did really well. From their introduction, to giving solid and easy to follow examples. This helps; thanks! 1
  • @
    @Karolm-eb9nh7 years ago Love this video. You guys did a great job explaining everything and making the video fun at the same time! Excited to keep watching. 4
  • @
    @Totindr8 years ago Thanks for putting in the hard work in making these videos and a shoutout to the awesome hosts. I look forward on taking the journey and learning all about . ...Expand 3
  • @
    @catherinepangilinan77735 years ago This whole 13 seconds made me so excited to learn economics gahhh cant wait. 2
  • @
    @lulud.43635 years ago These vids from crash course video are so helpful! I' m grateful that this channel existed!
  • @
    @sheepbow9095 years ago When you came here to study
    sees meme
    me
    this. Does bring a smile to my face.
    8
  • @
    @gudrh40244 years ago " everything has a cost. "
    audible note taking.
    43
  • @
    @ameliahilton28694 years ago My teacher is actually making us watch this video from home. 10
  • @
    @justindie75439 years ago Mr. Clifford kinda looks like mark cuban, billionaire. 73
  • @
    @PK-ls4jq8 years ago This is a video on how to learn about economics, yet they are talking so fast is amazing anyone can learn anything from this video. 1
  • @
    @ishaisha37394 years ago I am an indian and i love watching your videos.
    love u.
    1
  • @
    @domoxxoox12 years ago This has solidified my passion for economics. And has reassured i' m majoring the right thing. Thank you.
  • @
    @mrawesomesause18 years ago Love this series and the hosts! Thanks guys! 2
  • @
    @stomedyfan58407 years ago Why aam i watching this on a weekend and taking notes on this. I dont even have a class for this. 7
  • @
    @rawshn7 years ago This is the best way a student like me can learn economics! Please make videos like these for all subjects of the world and education will be fun!
  • @
    @entlestove4318last year I love when my classes make me watch crashcourse vids < 3 theyre so fun and interesting.
  • @
    @sunnyyoda55117 years ago When i was taking economics i was miserable but here this video makes, all this sound extremely interesting! Great job, i loved the video. 3
  • @
    @sinclairbowman924 months ago I like the " get rid of all cars" approach in terms of making me laugh. It' s very evil genie/clavicus vile. 1
  • @
    @AndrewWatsonPiano7 years ago You two are great! Thanks for sharing your knowledge and enthusiasm! 3
  • @
    @theog.51978 years ago Jacob and adriene, i must let you know that you are doing a wonderful job! It is true that i do not care who provides me information, as long as it' s . ...Expand 4
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    @s.u.p.r.e.m.e.society96077 years ago This video inspired me to learn more about economics than anything ever not to mention nothing explains it more clearly. Thanks so much!
  • @
    @MOHAMEDOSAMA-rk1gi8 years ago Thank you for this style of easy explanation. 2
  • @
    @tenzero52745 years ago God bless this channel
    thank you for all your videos.
    5
  • @
    @aaliyahrogers7028 years ago I love this series i hope y' all could do an all based business series for people who really want learn about business and the roots and beyond. 2
  • @
    @DanielPerez-jv7nm5 years ago These courses are so extremely entertaining. Love your crashcourse material. I have watched the entire economics playlist in order to study for my bec . ...Expand 9
  • @
    @antonysandoval92238 years ago Am i the only one that got happy at the end of the video when i saw his belt says acdc? 17
  • @
    @nursofeanurhisham6 years ago The ' if economics was biology' helped me so much because i understand those terms much better. Thank you so much i love u.
  • @
    @bhumitharu46964 years ago Hey. I am so grateful for you and this channel and fhe whole team.
    yeah it have made us feel that economics is more about people and i used to think its only about money.
    much love from nepal
    .
    ...Expand 3