Comparative advantage specialization and gains from trade | Microeconomics | Khan Academy

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  • Опубліковано 29 гру 2011
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    How two parties can get better outcomes by specializing in their comparative advantage and trading
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КОМЕНТАРІ • 122

  • @Cheems_on_Toast
    @Cheems_on_Toast 3 роки тому +508

    It's quite scary that these free resources are better at teaching than the lecturers that we pay thousands for

  • @austinjackson8110
    @austinjackson8110 9 років тому +73

    He needs to do this with not so nice numbers

  • @WoodT92
    @WoodT92 4 роки тому +70

    I’ve been binge watching your videos during this quarantine and I’ve learned so match. Thank you MR. Khan

  • @thelion2500

    My exam starts over 11 minutes and I'm here 😂

  • @Harmonia96
    @Harmonia96 10 років тому +7

    Charlie and cups, because they start with "C" and Patty and plates, because they start with "P": brilliant. xD

  • @booni5114
    @booni5114 3 роки тому +2

    The 'market price' is cheaper than the price of making it yourself. That's a comparative advantage in a nutshell.

  • @bershkasen9245
    @bershkasen9245 10 років тому +42

    you are awesome.... so clear and funny as well. It is a pleasure to learn from you. I go to a leading business school (top 3) for MBA. The MBA costs > USD 100,000 But our teachers suck. THE BEST THINGS IN LIFE ARE FREE :)

  • @ItsMoe202
    @ItsMoe202 9 років тому +42

    Dude youtre amazing at explaining. I'm taking an online Macro course which I have to understand on my own. I found it a bit tricky because the given e-book doesn't really detail their explanations like you. Bravo!

  • @Melissa-oi2if
    @Melissa-oi2if 4 роки тому +11

    this was one of those "OHHHH" moments so thank you 🙌🏻

  • @guitarguy5
    @guitarguy5 5 років тому +21

    Thanks for putting this up here.... One day when I have some extra cash, I am definitely going send a donation to Khan Academy!

  • @yerpyaboy
    @yerpyaboy 8 років тому +210

    how do you know everything ever.

  • @Zach_A
    @Zach_A 9 років тому +99

    You know when you say a word a bunch of times and they start to loose meaning? That just happened to me with plates and cups.

  • @aaronlosing
    @aaronlosing 12 років тому +14

    Just finished two semester of micro then macro econ. Good stuff, Sal.

  • @dairycow729
    @dairycow729 3 роки тому +3

    These videos carried and still continue to carry me through my schooling years

  • @johnpitt6052
    @johnpitt6052 11 років тому +1

    thanks for your wonderful lecture and i get so many information form your each Economic lecture and appreciate for your great job and hope that you will do more better in the future wish you all the best

  • @doodlebuggyjump15
    @doodlebuggyjump15 12 років тому +7

    Your videos are really much help man especially as an A Level student. There are a few parts that I don't understand and this helped me. =)

  • @sarahsteinmetz7017
    @sarahsteinmetz7017 10 років тому +5

    I get it now. Thank you so much.

  • @MasterRia
    @MasterRia 8 років тому +1

    now its clear for me ..thank you

  • @DigitizedSelf
    @DigitizedSelf 12 років тому

    These videos are great for relaxing and not thinking too much.

  • @fabemma21
    @fabemma21 11 років тому +1

    Thank you and wonderful. explained in very simple terms.