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A.4 Edgeworth box | Consumption - Microeconomics

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Policonomics

Policonomics

Күн бұрын

Learn more: www.policonomic...
Versión en español: • A.4 Caja de Edgeworth ...
This video explains how to build an Edgeworth box, and how to analyse it. We start from two sets of indifference curves, then build the Edgeworth box and, finally, introduce the contract curve.
Related videos:
-Indifference curves: • A.2 Indifference curve...
-Marginal rate of substitution: • A.3 Marginal rate of s...
Related articles:
-Marginal rate of substitution: www.policonomic...
-Production possibility frontier: www.policonomic...
Thank you for watching!
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Learn, and enjoy!

Пікірлер: 30
@mayulmanav3720
@mayulmanav3720 4 жыл бұрын
This is by far the best, visually coherent explanation of the concept; thank you Policonomics :)
@Policonomics
@Policonomics 10 жыл бұрын
This video explains how to build an Edgeworth box, and how to analyse it. We start from two sets of indifference curves, then build the Edgeworth box and, finally, draw the contract curve. A.4 Edgeworth box | Consumption - Microeconomics Learn, and enjoy!
@steadymedia234
@steadymedia234 8 жыл бұрын
A quick and detailed lesson. Very nice.
@Policonomics
@Policonomics 8 жыл бұрын
Thank you +Lincoln Aisagbonhi !
@Muleslover
@Muleslover 3 жыл бұрын
Iam physics graduate but now i like #Economics. I like you teaching and presentation
@sitrakamatthieu
@sitrakamatthieu 7 жыл бұрын
Ok it's beautifull. I understood that...but that is like the basic so i will have more serious questions during my exams xD However, THANK YOU ! Your videos are great !
@soniaammar152
@soniaammar152 9 жыл бұрын
well done!!!! thank you for helping us
@Policonomics
@Policonomics 9 жыл бұрын
Dear sonia ammar , Thank you very much for your kind comment, it's much appreciated! Best, The Policonomics Team
@musadabwembewe8426
@musadabwembewe8426 8 жыл бұрын
you make understanding easy
@Policonomics
@Policonomics 8 жыл бұрын
Thanks!
@anuradhajaishankar7903
@anuradhajaishankar7903 3 жыл бұрын
Oh my god, that was wonderful! Thanks a lot
@NahedElrayes
@NahedElrayes 9 жыл бұрын
God I love this channel.
@Policonomics
@Policonomics 9 жыл бұрын
Thank you very much Nahed Elrayes !
@Policonomics
@Policonomics 8 жыл бұрын
Dear +Nahed Elrayes , We just uploaded our fourth video to our series on Game Theory. It's about the Battle of the Bismarck Sea, we hope you find it interesting! kzfaq.info/get/bejne/aKp0jNeVmqyohZ8.html If you like it, spread the word! Thanks for watching, The Policonomics Team
@Manojkumar1998-k9w
@Manojkumar1998-k9w 3 жыл бұрын
Wonderful explain please upload more videos ..
@a.kingsley2944
@a.kingsley2944 2 жыл бұрын
great video - thanks for the help!
@theodorerose4239
@theodorerose4239 6 жыл бұрын
Utility curves are constructed in such way as that they never cross each other out. This assumption is quintessential to build a coherent model. However, in the diagram above, individual A (and Individual B) utility curves intersect each other if you keep extending the curves, which is not supposed to happen according to the assumptions laid out in the microeconomics theory. (I am not talking about the intersection of the utility curves of Individual A and B.) Can somebody explain to me how this happens and correct me if I am wrong.
@prabinpoudel9899
@prabinpoudel9899 9 жыл бұрын
wow thanks for the concept.
@Policonomics
@Policonomics 9 жыл бұрын
Dear Prabin Poudel , Thank you for your comment! Best, The Policonomics Team
@jbetanco7733
@jbetanco7733 8 ай бұрын
GOOD JOB
@susanaugustine4082
@susanaugustine4082 9 жыл бұрын
Wonderful what are the uses of contract curve
@Policonomics
@Policonomics 9 жыл бұрын
Dear Susan Augustine , Thank you for your comment! Best, The Policonomics Team
@naushinpervin2542
@naushinpervin2542 8 жыл бұрын
very nice.
@Policonomics
@Policonomics 8 жыл бұрын
Thanks +Naushin Pervin !
@Maja-yk7en
@Maja-yk7en 2 жыл бұрын
nice visuals
@user-zj7hc8ml7g
@user-zj7hc8ml7g Жыл бұрын
Fxxkin great❤
@Uufda651
@Uufda651 2 жыл бұрын
Rep-resent not re-present
@pangnamaobnanfan7592
@pangnamaobnanfan7592 8 жыл бұрын
ขอบคุณค่ะ ^-^
@sheeparecool8838
@sheeparecool8838 3 жыл бұрын
I thought this was about ace attorney
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