Thanks to Bryan & Kathy for noting the error at about 32 minutes: "We originally considered the budget constraint to be x + y = 10 as px=py=1 but if the price of x rises this also means the BC turns to 2x + y = 10 such that 2(1) + y = 10; y = 10 - 2(1) = 8."
Pranaam 🙏Sir. 3 yrs ago when I started my graduation🎓 from economics was totally confused, but your lecture help me a lot in understanding economics initially and in 2022 I graduated successfully. Thank you so much sir 🙏❤ for helping us . Love ❤from Indian🇮🇳 Student 🙏.
Sure, yes, it's in this video: ua-cam.com/video/aYncrEsmmaw/v-deo.html I do the theory first, then at 7:15 or so my numerical example is the same utility function as here
Thanks to Bryan & Kathy for noting the error at about 32 minutes: "We originally considered the budget constraint to be x + y = 10 as px=py=1 but if the price of x rises this also means the BC turns to 2x + y = 10 such that 2(1) + y = 10; y = 10 - 2(1) = 8."
You are correct! I am confused too
Thank you so much this is amazing. Pls keep up the good work.
Thanks, great to hear these are useful!
Pranaam 🙏Sir.
3 yrs ago when I started my graduation🎓 from economics was totally confused, but your lecture help me a lot in understanding economics initially and in 2022 I graduated successfully.
Thank you so much sir 🙏❤ for helping us .
Love ❤from Indian🇮🇳 Student 🙏.
Love the puppy study breaks!!!
where i can find lecture on demand and slutsky equation etc?
Nice love the videos I have a resit next month this helps me a lot! Im not sure if you have a video about the Robin Crusoe model?
tks sir, all your vids are amazing. Hope u get more views and subscribers
Awesome, thanks, yes, I'm just hoping to help as many people as possible!
Can you explain how you got the utility function U(x.y)=min{x,2y} at 28:00?
Sure, yes, it's in this video: ua-cam.com/video/aYncrEsmmaw/v-deo.html I do the theory first, then at 7:15 or so my numerical example is the same utility function as here
Thank you so much for this meterial
YOU are a great teacher
Thanks🙏 It was awesome.
Sir can u plz tell me from where to get questions on this topic
Thank you! Your videos help me a lot.
thank you anthony fantano!
at 31:18 why is the MRS 2/x? if MUx = 4/x and MUy = 2 then MUx/MUy = 4/x/2 shouldn't it be 8/x?
When dividing two fractions we convert it to multiplying the first by the reciprocal of the second
38:40
Watching from india nice
Your videos are awesome. But why You always wanna laugh during the video :D
Thats what makes the video more awsome