Indifference Curves with Goods and Bads

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Indifference Curves with Goods and Bads

Рет қаралды 36,353

Күн бұрын

This video shows what indifference curves look like when goods can be "bads"- i.e. can give consumers negative utility. Examples of bads include pollution, noise, and so on, and consumption of such goods can be incorporated into the standard utility maximization or consumer choice framework in a pretty straightforward way.
By Jodi Beggs - Economists Do It With Models
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Пікірлер: 31

@realScottThomas 5 жыл бұрын

Glad you’re posting again. I remember I was a college freshman when I first discovered this channel now I’m a 2x master student. Time flies.

@jodiecongirl 5 жыл бұрын

ok now I feel so old :)

@FlamingBasketballClub 5 жыл бұрын

I discovered this economics channel back in October 2013 (10/20/2013), during that time I was forced to serve a one year suspension from college based on false allegations. I wish I found this channel 7 years ago when I first studied Business Administration. This is one of the best economics channels by far.

@davianoinglesias5030 2 жыл бұрын

I never thought of indifference curves like that, I've learnt something new and it has simplified a lot of concepts

@GamingExpert0321 2 жыл бұрын

You are amazing. I don't know you are seeing this or not. But you just helped me a lot. I usually never comment on any video. I was having some trouble in bads but guess what they are super easy. And you made them even more easy for me.

@sutirthasarkar4189 5 жыл бұрын

Trust me i was looking for this concept both no other vedios can satisfy my needs until i watched this one.. Now all doubts r clear.. Ur channel must grow 💓.. P:S - please upload general equilibrium concepts.. That'll be helpful

@blank336 5 жыл бұрын

I must say... This video is golden. No joke or troll, this seriously is golden!

@bowenyi5108 2 жыл бұрын

The best explanation I've even seen. Thank you so much!

@eeeeeeeeeeeeeeeeeo 5 жыл бұрын

Seeing your logo on the video thumbnail gave me college exam flashbacks for a second lol....

@eeeeeeeeeeeeeeeeeo 5 жыл бұрын

Can we buy your KZfaq channel /blog shirts?

@m.syahsun5874 3 жыл бұрын

Do you have any video explain the bad goods utility function?

@hnt7961 3 жыл бұрын

Best video. Thanks so much for your kindness. God bless you!

@hindmarmash3088 2 жыл бұрын

Thank you

@saulmirandaaliaga 4 жыл бұрын

AWESOME VIDEO! Thank you very much!!!

@williamwrench2592 5 жыл бұрын

you are back!!!!!!!!!

@jodiecongirl 5 жыл бұрын

I honestly had no idea whether people would notice :)

@sultandurri 2 жыл бұрын

what is it mean the prevision image viewed

@szeyuilu7596 4 жыл бұрын

Thanks a lot! It’s really helpful!

@doobas2171 2 жыл бұрын

wow, that is amazing

@danielavargas7569 3 жыл бұрын

How is the slope in the two bads curve?

@khushijethi7536 3 жыл бұрын

Ya please tell!!

@abhinavpandey7520 3 жыл бұрын

Obviously negatively sloped,simple maths

@FlamingBasketballClub 5 жыл бұрын

Are you going to continue behavioral economics?

@jodiecongirl 5 жыл бұрын

yup I just have to recover some of the raw video footage...

@abdulrazzaq9726 5 жыл бұрын

Upload complete videos lecturers for postgraduate classes of Economics.

@utku_bambu 2 жыл бұрын

broooo just realised what that logo is

@utku_bambu 2 жыл бұрын

Nice

@utku_bambu 2 жыл бұрын

yes I commented on my own comment because didn't want to edit, so what

@sabas.harper5019 9 ай бұрын

What's up with the girl in the corner?!

@MrGingerGaming Жыл бұрын

hahahahha

@prabalsaha733 4 жыл бұрын

Thanks a lot. This was really helpful :).