Скачать с ютуб Advanced Micro Economics | General Equilibrium | Barter system | Barter trade Indifference curves в хорошем качестве

Advanced Micro Economics | General Equilibrium | Barter system | Barter trade Indifference curves

0:00 General Equilibrium model or GE Model 2:53 Barter system or economy with no prices 4:15 Barter system with two people and two traders 5:57 Endowment - A with a basket of goods X an Y and B has a basket with goods X and Y 6:55 Example with number of goods with A and B 7:37 Economy - Total goods and traders 9:43 Consumer preferences 11:26 Gains from trade (GFT) 11:52 Endowment for Gains from Trade 16:43 How trade happens in barter? 17:20 Gains from trade (GFT) Example 20:43 Gains from trade (GFT) Example 23:20 Where will the trade stop? 23:33 Pareto Efficient Allocation 24:10 Edgeworth Box 29:28 Plotting A and B on Edgeworth Box with X and Y units 31:10 Endowment in Edgworth Box 31:55 Cobb Douglas Indifference Curve of A and B 38:38 Utility of A and B with new indifference curve of A and B. New trade, new indifference curve 42:33 A and B indifference curves are Tangent, Trade stope here 42:33 When does the trade stop 45:10 Paretos efficient allocation 45:54 Paretos efficient allocation 3 conditions 46:05 Paretos efficient allocation: First Condition: Total X 46:20 Paretos efficient allocation: Second Condition: Tota Y 47:01 Paretos efficient allocation: Third Condition - MRS of A = MRS of B 49:27 Endowment of Paretos efficient allocation 51:08 Contract Curve 58:10 Finding Xa, Xb and Ya, Yb #Barter #bartering #bartersystem #bartertrade #bartertradebenefits #bartertradegains #Barteringsystem #Bartersystemwith2peopleand2traders #CobbDouglas #CobbDouglasIndifferenceCurve #Consumerpreferences #ContractCurve #economywithnoprices #EfficientAllocation #EdgeworthBox #EndowmentinEdgworth Box #EndowmentforGainsfromTrade #EndowmentParetosefficientallocation #Equilibriuminbartertrade #GeneralEquilibriummodel #Gainsfromtrade #Gainsfromtrade #GainsfromtradeExample #GEModel #Howtradehappensinbarter #ParetoEfficientAllocation #Pareto'sefficientallocation #Paretosefficientallocationconditions #PlottingonEdgeworthBox #WhatisContractCurve #Whendoesbartertradestop #Wherewillthebartertradestop