Simulating Supply and Demand

I've seen your natural selection videos so many times that I expected the people who didn't sell/buy a rocket to die

Really awesome work, as always. Whether it's evolution, markets, or whatever else you're dreaming up, I'm excited to see what's next.

She sells see shells on the see shore. But the value of these shells will fall. Due to the laws of supply and demand nobody wants to buy shells when there's loads on the sand

Not only do the blobs now have an ECONOMY, but they are selling working rockets. We must prepare for galactic exploration

"Got any grapes?" "This is a rocket stand"

blob: I'm starving. I haven't eaten any food in 3 weeks and I cannot reproduce. My genetic lineage is in danger, and I may not survive the coming days. other blob: rocket :)

We can't forget that blobs have forward facing eyes, and are therefore predators

Him: talking economics Me: haha price looks like big hat

Blobs in every video: mmh mango foods Blobs with an economy: rockets

"what else? Rockets." Oh no they're arms dealers

I would love to see a simulation that takes into account consumer blindness, i.e. what a consumer does when it doesn't really know what its looking for, and assumes that a certain price is a fair price despite not having access to manufacturing costs, or doesn't realize that all the merchants available are teaming up to raise prices.

I love how the blobs need one rocket a day, what are they doing with them? Eating them? Blowing them up? Shooting them into space? Sacrificing them?

Hello sir, would you like to buy from my shop? “What are you selling today?” Rockets. “Anything else?” Nope

“Not to get political but I think everyone should be able to eat” time to check the comments to see if anyone disagreed with him saying that lol

I've always understood economics pretty well and how it relates to the real world but seeing it visualized like this is beautiful and makes me smile :) thank you for this video!

This video is so interesting and informative! I never really understood how supply and demand worked before, but now it all makes sense. Thank you for explaining it in such a clear and engaging way. I'm definitely going to share this with my friends and classmates!

Person_1: why is economics so confusing? Person_2: it's not rocket science!

“Hello! What would you like today?” “Ah, you know me, I’ll take my usual. Same thing as always.” “Alright, well here you go!” gives him an entire rocket “Thanks! Same time tomorrow?” “Of course!”

I'm a financial analyst, and I think this is one of the best videos I've ever seen explaining how the markets work. The concept of the blobs meeting in the middle and 'creating value' was excellently demonstrated, the entire market creates value through exchanges, with each side thinking they walked away with the better deal, of course otherwise they wouldn't have taken the deal. I also enjoy what you said at the end about how the markets wouldn't work if both players needed to make the transaction, if a buyer or seller is required to make the transaction or die, the markets would continue to go up. This is why government intervention in healthcare and food markets are necessary, and the more that there is the healthier the markets are.

There is a little mistake at 7:53. He mentions first the supply curve but the curve drawn first (orange) is the demand curve while the supply curve is the blue one. Just in case