Most Economic professors write everything on the board and don't really show you what is going on. They have this belief that the student understands the concept and just visually sees it. I like watching professors slowly talk it out instead of quickly writing massive equations that don't even have labels. Thank You!
Thank you for these videos! I have been struggling in International Economics (I took the prerequisites 15 years ago). You have finally brought the mathematical equations & verbal explanations together for a real understanding! Thank you!!
I understand that as you open the domestic economy to trade the demand from external markets will cause an upward shift in demand, bid up the price for the good, and signal the exporting country to invest more in either capital or labor, depending on what the good is. My question is what happens as that country starts to increase supply to the point where the price is at the point it was before the external increased demand or even below it? My guess is that as domestic supply increases and starts reaching the old price point, the rate of investment into capital or labor will slow down--eventually stopping at the Px/Py point of convergence? The rate of investment would stop because past a certain price point it is no longer profitable to produce that good due to diminishing marginal returns. Is that correct?
hi there! I am preparing an exam and this is on the syllabus; In relation to this I have to study the FACTOR PRICE EQUALIZATION (or GLOBALIZATION) theorem.. but I have not understood it.. Could you help?
6 years later in the COVID 19 era and I'm soo happy I found this video in time for my online exams
Most Economic professors write everything on the board and don't really show you what is going on. They have this belief that the student understands the concept and just visually sees it. I like watching professors slowly talk it out instead of quickly writing massive equations that don't even have labels. Thank You!
10 years later, this video is still very helpful. It's such a shame the channel doesn't get the recognition it deserves.
Thank you for these videos! I have been struggling in International Economics (I took the prerequisites 15 years ago). You have finally brought the mathematical equations & verbal explanations together for a real understanding! Thank you!!
My professor writes every intuition in graph, assuming that we understand the meanings behind. Thank you so much.
By far the best explanations out there. Keep it up, sir!
clear and concise, can't thank you enough
Thanks for the great videos sir! You really explain the intuition behind the theories very well!
Amazing videos! Thank you so much Professor. Greatings from Germany
Thanks to this video, I know understand the subsequent intuition behind the Stolper-Samuelson theorem. Thank you professor!
You've still got some problems in spelling you should probably be working on
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Stfu dick head
omg prof you're amazing !!!!! I'm about to cry !!!! finally, it makes sense !!!!!!!!
Very good! Thanks for the great explanation!!
Excellent Sir!
Thank you, Professor Moore!
Thank you very much for clear explanation.
Sir you saved my Econ grade
thanks, Mr. Mike.
I understand that as you open the domestic economy to trade the demand from external markets will cause an upward shift in demand, bid up the price for the good, and signal the exporting country to invest more in either capital or labor, depending on what the good is. My question is what happens as that country starts to increase supply to the point where the price is at the point it was before the external increased demand or even below it?
My guess is that as domestic supply increases and starts reaching the old price point, the rate of investment into capital or labor will slow down--eventually stopping at the Px/Py point of convergence? The rate of investment would stop because past a certain price point it is no longer profitable to produce that good due to diminishing marginal returns. Is that correct?
really enjoyed Ur video
this helps me a lot. Thank you :)
thank you prof, help me a lot..
hi there! I am preparing an exam and this is on the syllabus; In relation to this I have to study the FACTOR PRICE EQUALIZATION (or GLOBALIZATION) theorem.. but I have not understood it.. Could you help?
well explained.
Thank you
I need you in my school