Budget Constraints

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  • Опубліковано 26 лис 2024

КОМЕНТАРІ • 107

  • @messididit
    @messididit 4 роки тому +74

    I think MRU considered everyone who they are non-English speakers. Calm and detailed explanation, amazing animation work, etc everything is just perfect. Thank you so much!!!

  • @TommyK194
    @TommyK194 6 років тому +19

    MRU is a huge reason why I'm graduating cum laude this semester in Econ. Can't thank all of you enough

  • @stefanspinu8784
    @stefanspinu8784 7 років тому +116

    Guys, I'm simply in love with MRU (no hyperbole) - please don't stop creating high-quality educational videos! Greetings from Romania.

  • @jayneeojeda5677
    @jayneeojeda5677 5 років тому +21

    this video helped calm my fear of microeconomics and inspire me to want to learn more. there are no words for how great this video is

  • @mukhammadabdurakhmonov3700
    @mukhammadabdurakhmonov3700 4 роки тому +5

    great channel, I always learn something. Ms, don't stop teaching, thank you

  • @shathompoloka3303
    @shathompoloka3303 3 роки тому +6

    Since Im a visual learner I appreciate the many pictures and diagrams, really helpful. Thank you!

  • @Pacov412
    @Pacov412 5 років тому +8

    Thank you so much. I'm in law school and I have one exam in economics. I never understood it really but you explain everything that's written in the book in a much more comprehensive way. If i pass this exam, it will all be thanks to you.

  • @khushibogarram5632
    @khushibogarram5632 7 років тому +39

    amazing way to study economics. really useful material!

  • @ma.eugeniasaliva4878
    @ma.eugeniasaliva4878 7 років тому +5

    Excellent study material! I liked very much the previous teacher, but this woman is the best!

  • @mikebissinger2706
    @mikebissinger2706 3 роки тому +9

    I go to Princeton and have my micro midterm in 3 days and I have learned more from watching two hours of your videos than I have this entire semester. Thank you

    • @MarginalRevolutionUniversity
      @MarginalRevolutionUniversity  3 роки тому +3

      Best of luck!

    • @juderocks5
      @juderocks5 Рік тому +2

      I go to Columbia, and I share a similar experience. Although I know most of this already (I should, considering I'm an econ major), these videos are a wonderful refresher for the basics. This is especially true since students have a tendency to panic before exams, and if I can explain things in a simplified manner (like in these videos), not only can I help other students, but I'm much more likely to retain my ability to recall the information during a critical moment (unintentional Feynman technique). So thank you, MRU, and please keep it up; I've already recommended your channel to other students.

  • @wirapramanaputra7645
    @wirapramanaputra7645 4 роки тому +3

    This is the one of the best explanation about Badget Constraints, thank you

  • @kabinehkpukumu6182
    @kabinehkpukumu6182 3 роки тому +1

    Another excellent video from the MRU team! God bless you all!

  • @esparzaxenia
    @esparzaxenia 5 років тому +3

    Omg thank god for this video!! You helped me so much in understanding the opportunity cost! I was about to cry thinking that I was doomed to fail.

  • @joshualucero7537
    @joshualucero7537 3 роки тому +2

    This is such a great video! Something clicked for me. Thank you!

  • @Lilly10-x4w
    @Lilly10-x4w 3 роки тому +1

    You are AMAZING !!! you deserve everything good in your life because of this amazing video! Thank you 🧡🧡

  • @muhammadanas8043
    @muhammadanas8043 7 років тому +14

    Watched straight away after getting the notif

  • @paolavalentina9349
    @paolavalentina9349 2 роки тому

    Brilliant video! mastered everything in such a short time frame! really helpful for refreshing memory! cheers 👍🏼

  • @aminacherdabayeva3653
    @aminacherdabayeva3653 6 років тому +22

    Be my professor you explain good

  • @f-22fighterjet84
    @f-22fighterjet84 6 років тому +52

    i showed this video to my dog, now he's in law school

  • @Life_Yatri
    @Life_Yatri 4 роки тому

    Happy teacher's day MRU❤️
    Thanks alot🙏

  • @arisak.7954
    @arisak.7954 5 днів тому

    Great video, I love the graphics its easy to understand.❤❤❤

  • @makemymarket1772
    @makemymarket1772 2 роки тому

    You just made my microeconomics course 10x more easy. Thanks a lot!!!

  • @Paul-cp1lk
    @Paul-cp1lk 6 років тому +2

    Love your animations!

  • @arthurntembula
    @arthurntembula 7 років тому +2

    Excellent! Thanks. Its clear.

  • @Ecopedia1
    @Ecopedia1 4 роки тому

    thank you for your amazing videos! they are really fantastic and easy to understand especially with special effects :).

  • @haticekenarl4217
    @haticekenarl4217 4 роки тому

    İt is a very clear explanation. I understand this topic much better now, thank you so much.

  • @TECHWORLDRICHER123
    @TECHWORLDRICHER123 6 місяців тому

    Wow your explanation is mind-blowing and from India ,and any lecture could not teach as a simple way like you😮

  • @poetryaddict1
    @poetryaddict1 6 років тому +26

    why would anyone dislike this?

  • @jessijasa
    @jessijasa 6 років тому +1

    her voice is so soothing.

  • @shivammirge3749
    @shivammirge3749 5 років тому +1

    Mam this video was extremely helpful, you have an outstanding way of explaining. Thanks.

  • @hugegarrett2577
    @hugegarrett2577 Рік тому

    Explained this much better than my professor at university ever has

  • @michaelmuema5928
    @michaelmuema5928 5 років тому

    am always studying online but i have never came across one of your video but my previous 1 i saw made me just subcribe to this channel and am here to stay

  • @astridahbunda5072
    @astridahbunda5072 2 роки тому

    Helped me understand this in a minute
    Thank you so much 🥺🙏🏻

  • @minikin1591
    @minikin1591 5 років тому +1

    You are the best! thank you so much, please keep on making such good videos :=

  • @Rasmarkus62
    @Rasmarkus62 4 роки тому

    Absolutely amazing explaination.

  • @Whatiscookingnow
    @Whatiscookingnow 4 роки тому +1

    I wish I could pay as much attention to these videos as I do the comments...

  • @AzizasVlogs
    @AzizasVlogs 2 місяці тому +1

    Her voice is so nice

  • @karlawinba3400
    @karlawinba3400 6 років тому +3

    Joana make me love the course than my lecturer 😍

  • @robertwilson260
    @robertwilson260 Рік тому +2

    I was so comfused about how they came up with the graphs in a certain book i was studying, but this video just explained it all clearly 👌

  • @phuonghanguyen5949
    @phuonghanguyen5949 6 років тому +1

    2 practice questions below that needs to be solved. Please help me in the simplest way!
    1) Suppose the price ratio of two goods is 3/4 and Jason has a budget of $100. If the price of good X increases from 6 to 12, what is the new price ratio? *
    a. 1/4
    b. 1/2
    c. 3/4
    d. 3/2
    e. Cannot be determined from the given information.
    2) Suppose the price ratio of two goods is 3/4 and Jason has a budget of $100. If Jason’s budget increases to $150 and the prices of the two goods stay the same, what is the new price ratio? *
    a. 1/4
    b. 1/2
    c. 3/4
    d. 3/2
    3. Cannot be determined from the given information.
    Thanks in advance!

    • @sallyrefaat8536
      @sallyrefaat8536 6 років тому

      did you get a reply! as i'm also confused for those two questions
      thanks

  • @JimFalboguitar
    @JimFalboguitar 3 місяці тому

    Great video, i would argue governments are inherently set up to grow larger over time with no scarcity or budget constraints involved. The source of the current inflation is government interference in the markets, making micro economics more complex on the average citizens budget.

  • @ayaankhan5624
    @ayaankhan5624 2 роки тому

    Wowo this was just an amazing video. Well edited and awesome explanation

  • @nehabagalkar2825
    @nehabagalkar2825 6 років тому

    Thank you so much❤️please keep educating us❤️

  • @Allahu_Akbar_the_one
    @Allahu_Akbar_the_one 2 роки тому

    Budget Constraints isn't about the marginal rate of substitution, it's about the elasticity of substitution.

  • @Mark-ye9pi
    @Mark-ye9pi 2 роки тому +1

    Budget Constraint = possible combos given the budget and prices

    • @Mark-ye9pi
      @Mark-ye9pi 2 роки тому +1

      above (outside) the budget line = what you cannot afford

    • @Mark-ye9pi
      @Mark-ye9pi 2 роки тому +1

      slope of budget constraint = opportunity cost of pizza (x-axis)

    • @Mark-ye9pi
      @Mark-ye9pi 2 роки тому +1

      INC Income = budget constraint shifts OUT (INC)

    • @Mark-ye9pi
      @Mark-ye9pi 2 роки тому +1

      INC other factors (good weather) = budget constraint ROTATES out from the top to indicate coffee being more plentiful and less expensive. pizza quantity remains fixed on the budget constraint.

    • @Mark-ye9pi
      @Mark-ye9pi 2 роки тому +1

      Price change = slope change

  • @giapo8275
    @giapo8275 Рік тому

    fantastic videos, thank you so much, i am from vietnam

  • @vais50
    @vais50 6 років тому +1

    Pls make videos on short run and long run average cost curves

  • @김수연-z2o9f
    @김수연-z2o9f 3 роки тому

    I love her :) and the video edit? PERFECTION

  • @approfondiechau7149
    @approfondiechau7149 6 років тому

    The script is simply too great.

  • @giftbmuntanga3731
    @giftbmuntanga3731 2 місяці тому

    Well explained ma'am ❤

  • @manishachakravarty2139
    @manishachakravarty2139 3 роки тому

    I just love these videos, wanna know a secret? i love these more than I love my college lectures

  • @anvicojovia508
    @anvicojovia508 Рік тому

    Thanks so much but can you as well help me on understanding the difference between income consumption curve and Engles curve plus the price consumption curve. Because this side is poorly taught, I wish u could be my teacher I would achieve only flying colors all-over

  • @noworries838
    @noworries838 3 роки тому

    Wow this soo good thanks i have an interim assessment tomorrow

  • @mani6875
    @mani6875 3 роки тому

    what if you don't know the prices of the two goods?

  • @anujavaidya1457
    @anujavaidya1457 4 роки тому

    What is the difference between budget line and budget constraint?

  • @irfanhasan1515
    @irfanhasan1515 5 років тому +1

    Mam can u pls make tutorials on price effect (income and substitution effect)

  • @SamTechWorld9
    @SamTechWorld9 5 років тому

    I understand more you guys than my prof

  • @gernet9361
    @gernet9361 5 років тому

    Smart kind and beautiful. Thank you mam

  • @vishalupadhaya4643
    @vishalupadhaya4643 4 роки тому

    Ma'am Could you please explain how a consumer reaches from a point where MRSxy is less than Px/Py to the point of equilibrium?

  • @eugenemurphy2505
    @eugenemurphy2505 3 роки тому

    great job, even I can understand it

  • @inasamaale2852
    @inasamaale2852 6 років тому

    What anyc claz it meks de lesson vry enjoybl nd easy 2undrstand.

  • @adrianomattia5625
    @adrianomattia5625 7 років тому +5

    i love you guys

  • @casual5559
    @casual5559 3 роки тому

    wow this is more easier to understand

  • @I_loved_him
    @I_loved_him 11 місяців тому

    Greetings from institute of accountancy arusha Tanzania

  • @nisasha14
    @nisasha14 3 роки тому

    in which software this video is made?

  • @youssoufletchadien2714
    @youssoufletchadien2714 5 років тому

    On ne peut pas mettre des sous titres en français ?

  • @AbirSVlog-l5b
    @AbirSVlog-l5b 6 років тому +2

    easy way to learn economics

  • @IndianaINC
    @IndianaINC 7 років тому +2

    damn yall just killed ACDCecon

  • @harshitha_vlog
    @harshitha_vlog 4 роки тому

    Extraordinary

  • @Abrahamchemmoth
    @Abrahamchemmoth 6 років тому

    Very Good.

  • @rishik6648
    @rishik6648 Рік тому

    excellent

  • @杨易文
    @杨易文 5 років тому

    I wanna eat pizza drink coffee while watching this video

  • @jhon121882
    @jhon121882 4 роки тому

    Brilliant

  • @kunjmshah397
    @kunjmshah397 3 роки тому +1

    Charustian ,changa, Gujarat, india

  • @gauravmohan9271
    @gauravmohan9271 2 роки тому

    Amazing…

  • @emreerguder7804
    @emreerguder7804 4 роки тому

    impressive

  • @adeyvincent3570
    @adeyvincent3570 3 роки тому

    if I did not understand BC after this, I would be re-enrolling into elementary

  • @thebahooplamaster
    @thebahooplamaster 6 років тому +3

    4:44
    I feel like a 5th grader, when I see this image.

  • @ijklm07
    @ijklm07 5 років тому

    If she does all the job, why is she not in the opening?

  • @yousufnimer480
    @yousufnimer480 6 років тому +1

    Goddess

  • @jackylam9799
    @jackylam9799 4 роки тому

    useful

  • @godamkeras4144
    @godamkeras4144 4 роки тому

    that's a very expensive cup of coffee..

  • @soapyshoe
    @soapyshoe 7 років тому +4

    A diet of coffe and pizza sounds disgusting...

    • @shopaddress11
      @shopaddress11 7 років тому

      I know, right?! -- Joana Girante

  • @hymajustin9172
    @hymajustin9172 5 років тому

    Moral of story eat burgers

  • @MountH212
    @MountH212 Рік тому +1

    The cost of coffee also depends on the exploitation of Africa

    • @mostafaelhndawy6050
      @mostafaelhndawy6050 Рік тому

      The cost of anything also depends on the exploitation of Africa*

    • @MountH212
      @MountH212 Рік тому

      @@mostafaelhndawy6050 And the freedom of Africa leads to the agony of neanderthals

  • @maivangvlog714
    @maivangvlog714 7 років тому

    o