You can have preference for public goods. But you cannot express it like how it is expressed by a demand curve - various quantities to be bought at various prices. Reason: (1) Consumption of public good cannot be divided in quantities. (2) You are sure sure if the good is made available it will not be feasible by the provider to exclude you from its consumption. So you will not come out to pay price when the good you can consume without paying.
Sir maza aa gaya!!💐💐 Very derailed explanation and very precise terminology!! Every other video was saying "pseudo demand curve" as "demand curve" in public goods aur clearly nahi bata rhe the. But this video cleared my all doubts!👌👌Pranam sir!💐🙏
Sir book me private goods k Jo curve h vo Dono axis se touch nhi h lekin Jo public goods curve h vo Dono axis se touch h sir iske pichhe reason kya h? sir please bta dijye
Bogue,D.J. : Principles of Demography Bhende, A.A. and Kanitkar T. : Principles of Population Studies Srinivasan K. : Basic Demographic techniques and Applications Srivastava O.S. : Demography and Population Field, B. C. Environmental economics: An Introduction. New York: McGraw Hill, 1994. Bhattacharya, R.N. (Ed.) (2001), Environmental Economics: An Indian Perspective, Oxford University Press, New Delhi. Bromely, D. W. (ed.). Handbook of Environmental Economics. Blackwell, 1995 Ch. Hanumantha Rao (1994): Agricultural Growth, Rural Poverty and Environmental Degradation in India, Oxford University Press, New Delhi.
@@EZClassesfaghsa Sir,can you give digramatic explanation of actual,warranted,and natural growth. Is ex-post and ex-ante saving and investment are equal .(in model). If GwC, then excess capacity would exist . Please,Sir can you explain me this? Thank you sir, Mamta Singh.
Demand curve and it’s virtually summation that explained in class is not the proper demand curve because demand curve cannot be constructed. So i called it pseudo demand curve (a fake or deceitful demand curve) it was on the basis of the preference that one attaches to a public good. As everyone in the market consumes the same quantity (because of the nature of public good) and the available supply remains un depleted, the aggregation of the demand can be only vertical leading to the conclusion that the one who attaches higher preference to a particular public good will pay higher price the one with lower preference pays lower price although both are consuming (taking benefits) it in equal measure. Furthermore, as no body can be excluded from its consumption there is no point for any of them to pay any price.
Adelman, I. : Theories of Economic Growth and Development. Barrow, R. and X. Sela-I, Martin : Economic Growth. Brown, M. : On the Theory and Measurement of Technical Change. Chenery, H.B. et. al. (Eds.) : Redistribution with Growth. Chakravarti, S. : Alternative Approaches to the Theory of Economics Growth. Jones, H.G. : An Introduction to the modern theory of Economic Growth. Meadows, D.H. et. al. : The Limits to Growth. Sen, A.K. (Ed.) : Growth Economics. Solow, R.M. : Growth Theory: An Exposition. Thirlwal, A.P. : Growth and Development. Jones, C.I : Introduction to Economic Growth
Thank you sir , watched many of your videos . Thank you for the help ,Sir i want to pursue M.A in economics please suggest me some books especially for entrance. Regards Your online student.
Again, it depends on the university. Pattern of the questions in admission test is not uniform across universities. If you are interested in any particular university and can procure last year’s papers and send send them to me, probably I will be able to give my suggestions about reading list. Wishing you the best.
thank you sir for this informative video
Keep watching
Thank you Sir. Absolutely fantastic session
Glad you enjoyed it
Wow thank you so much sir
Most welcome
Good explain and thanku so much sir
Most welcome
Assume krna hy Economics me 😂,, then smile 😂😁 wahhhhh
sir you helped a lot for my exams thanku so much 😊
Glad to hear that
Thnku sir
welcome
it's teacher who make the subject interesting and easy. Thank you so much sir for such detailed and easy explanation...🙏🙏
Thanks and keep watching 🙏
A big thanks
welcome
Thanks a lot sir, from Kolkata in West Bengal
You are most welcome
Thank you so much sir 💙💙💙
Most welcome
Thnx a lot Sir ❤️❤️
Most welcome
Thanks you sir
You are always welcome 🙏
🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻
Nice class sir
Thanks for watching my videos
@@EZClassesfaghsa teacher ko bcho ko thanks nhi bolna Chahiye sir. .. sir apki vedio Achi hoti h . Ek vedio natinol income pe bhi Banana ji
How are we getting CD demand curve?
The classes are as they should be, detailed and perfect.
Glad you like it
Thank you sir,
You are welcome
Very very Helpful for us
Allah bless u sir
You are always welcome 🙏
bahut hi zyda detail main hai sir.........short n precise video would be more beneficial
Sorry for that
@@EZClassesfaghsa sorry mat boliye sir ....aap guru hai 🙏
Sirji,, Leviathan theory kya hai
Nice video
Thanks
Sir supply curve bhi to do bn skta h tb Kaisi condition hogi
sir i hav some doubts will u plzz help me to out
Thank you so much sir ji
Good afternoon 😊 sir ji🙏
You are always welcome
Please continue environment economics......
I will
Could not understand why we took vertical summation
Keep up the good work man ur videos really helpful and informative for me in my economics preparation (I am thankfull to u )❤
Glad to hear that
Sir, why can't we make preference for public goods??
You can have preference for public goods. But you cannot express it like how it is expressed by a demand curve - various quantities to be bought at various prices. Reason: (1) Consumption of public good cannot be divided in quantities. (2) You are sure sure if the good is made available it will not be feasible by the provider to exclude you from its consumption. So you will not come out to pay price when the good you can consume without paying.
Sir maza aa gaya!!💐💐 Very derailed explanation and very precise terminology!! Every other video was saying "pseudo demand curve" as "demand curve" in public goods aur clearly nahi bata rhe the. But this video cleared my all doubts!👌👌Pranam sir!💐🙏
It's my pleasure
Sir can you suggest me some good books for development economics.
Sir book me private goods k Jo curve h vo Dono axis se touch nhi h lekin Jo public goods curve h vo Dono axis se touch h sir iske pichhe reason kya h? sir please bta dijye
Sir,name of the book for solow and harrod domar model (easy language)
M.L. Jhingan The Economics of Development and Planning
www.academia.edu/31858453/M.L._Jhingan_The_Economics_of_Development_and_Pl_BookZZ.org
Thank you sir,
Next video on...
Cost benefit analysis
Sir kindly recommend book for environmental economics & Demography. Thank you
Bogue,D.J. : Principles of Demography
Bhende, A.A. and Kanitkar T. : Principles of Population Studies
Srinivasan K. : Basic Demographic techniques and Applications
Srivastava O.S. : Demography and Population
Field, B. C. Environmental economics: An Introduction. New York: McGraw Hill, 1994.
Bhattacharya, R.N. (Ed.) (2001), Environmental Economics: An Indian Perspective, Oxford
University Press, New Delhi.
Bromely, D. W. (ed.). Handbook of Environmental Economics. Blackwell, 1995
Ch. Hanumantha Rao (1994): Agricultural Growth, Rural Poverty and Environmental
Degradation in India, Oxford University Press, New Delhi.
@@EZClassesfaghsa Thank you sir
Please make the video on "diamond water paradox" in hindi
ok i will
If possible, then provide videos on mathematical economics.....Thank u sir.....
I will but when no idea?????
Get well soon sir
Please sir
faghsa1760@gmail.com
@@EZClassesfaghsa Sir,can you give digramatic explanation of actual,warranted,and natural growth. Is ex-post and ex-ante saving and investment are equal .(in model).
If GwC, then excess capacity would exist .
Please,Sir can you explain me this?
Thank you sir,
Mamta Singh.
Sir, can you explain with help of an example how vertical summation of demand curves done??
Demand curve and it’s virtually summation that explained in class is not the proper demand curve because demand curve cannot be constructed. So i called it pseudo demand curve (a fake or deceitful demand curve) it was on the basis of the preference that one attaches to a public good. As everyone in the market consumes the same quantity (because of the nature of public good) and the available supply remains un depleted, the aggregation of the demand can be only vertical leading to the conclusion that the one who attaches higher preference to a particular public good will pay higher price the one with lower preference pays lower price although both are consuming (taking benefits) it in equal measure. Furthermore, as no body can be excluded from its consumption there is no point for any of them to pay any price.
Sir please upload more videos of subject public finance
I will
Sir,which book to refer for growth models,please sir let me know your email address also.
Adelman, I. : Theories of Economic Growth and Development.
Barrow, R. and X. Sela-I, Martin : Economic Growth.
Brown, M. : On the Theory and Measurement of Technical Change.
Chenery, H.B. et. al. (Eds.) : Redistribution with Growth.
Chakravarti, S. : Alternative Approaches to the Theory of Economics Growth.
Jones, H.G. : An Introduction to the modern theory of Economic Growth.
Meadows, D.H. et. al. : The Limits to Growth.
Sen, A.K. (Ed.) : Growth Economics.
Solow, R.M. : Growth Theory: An Exposition.
Thirlwal, A.P. : Growth and Development.
Jones, C.I : Introduction to Economic Growth
Thank you sir for this excellence video, sir actually your video is very helpful for pgt exam,so I wish
You will upload more video
You are always welcome 🙏
Thank you sir , watched many of your videos . Thank you for the help ,Sir i want to pursue M.A in economics please suggest me some books especially for entrance.
Regards
Your online student.
All the best for your exam.
@@EZClassesfaghsa Thank you sir , Please suggest books ???
Again, it depends on the university. Pattern of the questions in admission test is not uniform across universities. If you are interested in any particular university and can procure last year’s papers and send send them to me, probably I will be able to give my suggestions about reading list. Wishing you the best.
@@EZClassesfaghsa will surely , Thank you so much for the help sir
composition of foreign trade in hindi mai bataye MA SEM 2
Ji bilkul
@@EZClassesfaghsa Thanks sir ji
Thank you sir🙏
Most welcome
😀
Thank you sir
Welcome