Chapter 2: Thinking Like an Economist

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  • Опубліковано 26 вер 2024

КОМЕНТАРІ • 87

  • @thaixp5495
    @thaixp5495 3 роки тому +101

    23mins of this video is more helpful than 4 hours of me sleeping in class lol

    • @busraaybi2034
      @busraaybi2034 2 роки тому +1

      that is literally me lol

    • @Giuoro
      @Giuoro 2 роки тому +1

      true

    • @ManusiaBiasa-jk5ru
      @ManusiaBiasa-jk5ru 2 роки тому

      hey, can you give me the title of a book about economics and accounting for beginners entering college

  • @Abd-ts6vd
    @Abd-ts6vd 2 роки тому +29

    After 4 years of graduation, I finally got something really really useful 😍. Bundle of thanks Sir for being here with us.

  • @lanaalshehri9032
    @lanaalshehri9032 2 роки тому +25

    i have an exam tomorrow and this really helped me understand 42 slides in just 23 minutes! keep up the good work

  • @redraushan
    @redraushan Рік тому +7

    The best part of having internet is I can watch and learn from content like these at anytime, appreciate the effort you're putting.

  • @lindahmutantabowa5549
    @lindahmutantabowa5549 2 роки тому +11

    This is my first semester in economics and finance and can say economics is becoming interesting with all your teachings Dr

  • @OkeanaOrozova
    @OkeanaOrozova 2 роки тому +1

    The best economy channel EVER!!!!!!!!! Thank You!

  • @favourshipalani6712
    @favourshipalani6712 2 місяці тому +1

    High dynamic quantity quality content 💪❤

  • @mattdavis1839
    @mattdavis1839 3 роки тому +4

    These are fantastic, thankyou for putting these out.

  • @tushiyakey9677
    @tushiyakey9677 2 роки тому +1

    Thank you. I was giving up on my studies due to vague information but this is making sense to me. Bless you.

  • @josec.6504
    @josec.6504 Рік тому +1

    Great information and excellent teaching thought simple examples.

  • @Colimotl1
    @Colimotl1 2 роки тому +1

    thanks a lot for the time that you have put to make this happen.

  • @yasminelgamily8093
    @yasminelgamily8093 3 роки тому +3

    Thank you Dr, it was a very helpful video, keep going.

  • @tracyann1983
    @tracyann1983 2 роки тому +1

    This was so helpful. I was so lost in macroeconomics this made so much sense

  • @sabrayahya89
    @sabrayahya89 4 роки тому +2

    Thanks Dr. ...it was a clear presentation

  • @t.1433
    @t.1433 2 роки тому +1

    Thank you so much, it's very helpful! Hoping you'll film soon some more :)

  • @LakshayGupta_
    @LakshayGupta_ Рік тому +1

    Love From INDIA 🇮🇳♥
    ~high School Student

  • @seavpaofang6439
    @seavpaofang6439 2 роки тому

    A million thanks, professor

  • @Nushath
    @Nushath 9 місяців тому

    Thanks for your time, it is really worth

  • @鹏程李-d5m
    @鹏程李-d5m 3 роки тому +4

    Hey Dr.! I really love your videos? Would you pls update more?

  • @ChasityColeman-s6n
    @ChasityColeman-s6n 9 днів тому

    Thank you so much

  • @Payam-hg3xi
    @Payam-hg3xi 2 роки тому

    great Dr. it's great.

  • @SarahKrohn
    @SarahKrohn 4 роки тому +1

    these are very helpful videos!

  • @noizzy1306
    @noizzy1306 Рік тому +1

    This is an excellent and truly informative program. If may I there's information about the book, but I can't find which one? What is the title of that book? Thank you for the info.

    • @DrAzevedoEcon
      @DrAzevedoEcon  Рік тому +2

      Thanks! It is based on Mankiw's Principles of Economics textbook.

    • @noizzy1306
      @noizzy1306 Рік тому

      @@DrAzevedoEcon Thank you, really appreciate. I'm from ex bolsheviks country originally and perfectly understand what's different between a free market vs. planed economy. It's like day @ night. The best.

  • @snehasorout2413
    @snehasorout2413 11 місяців тому

    It is really helpful. Thank you so much

  • @farzanamim1829
    @farzanamim1829 3 роки тому

    Thank you... I really like your videos..

  • @lilbist
    @lilbist 3 місяці тому

    Hello, sir, could you please tell me the name of the book for the principles of microeconomics, I'm actually quite confuse, which book should be good, could you please suggest me any author.

  • @asthaqahamed3538
    @asthaqahamed3538 5 місяців тому

    Thank you. Dr

  • @summerjho2781
    @summerjho2781 2 роки тому

    Thank you very much!!

  • @yuliapodlutskya9259
    @yuliapodlutskya9259 2 роки тому +1

    Hey, Doc. Thanks for video
    I have a question in terms of comprising costs between computers and cars. Why at the beginning did we have 1,000 cars and 3,000 computers, but lately you calculated, that 1 car is 2 comp?

    • @DrAzevedoEcon
      @DrAzevedoEcon  2 роки тому +1

      We never had 1,000 cars and 3,000 computers....we actually had these two options: 1,000 cars and zero computers OR zero cars and 3,000 computers. The endpoints of the PPF just represent two of the infinite number of combinations of cars and computers.

    • @yuliapodlutskya9259
      @yuliapodlutskya9259 2 роки тому

      @@DrAzevedoEcon Thanks for the answer!

  • @tapiwadenzel4064
    @tapiwadenzel4064 6 місяців тому

    your examples 🤣🤣made me pass the exam 🤛🤛

  • @muhammadzulfanabdusyakur3264
    @muhammadzulfanabdusyakur3264 11 місяців тому

    thanks a lot doctor, may Allah guide you

  • @petetaylor9758
    @petetaylor9758 27 днів тому

    Hi, mathematician here (retired) with an interest in economics.
    Thanks for these lectures, but you mention "the book" several times; may I ask which book?

    • @DrAzevedoEcon
      @DrAzevedoEcon  26 днів тому

      I use Mankiw’s Principles of Economics. It’s an excellent book.

    • @petetaylor9758
      @petetaylor9758 26 днів тому

      @@DrAzevedoEcon Thanks, I'll look into it.

  • @samuelmibenge2745
    @samuelmibenge2745 4 місяці тому

    HI DR. AzeveoEco n as a complete (and when i mean complete it's reaaaaly complete) beginner to econ and here to learn econ to learn finance after can i get some advises ? Like where should i stop in the economics lectures and where can i study finance ? do you know a felow professor teaching like you the field of finance ? any book advises ?.
    Also and of course thank you very much for your hard work.
    Samuel. From Belgium.

    • @DrAzevedoEcon
      @DrAzevedoEcon  4 місяці тому

      I'm not aware of anyone who has similar videos for finance. Are you looking for information on basic finance? If so, the Mankiw textbook has a chapter called The Basic Tools of Finance. I don't yet have a video for that chapter.

  • @joshuaepstein1488
    @joshuaepstein1488 2 роки тому

    Thank you prof!!!!

  • @superLynniebabes
    @superLynniebabes 2 роки тому +1

    You reference the book - how can I get a copy of this book what is the title author

    • @DrAzevedoEcon
      @DrAzevedoEcon  2 роки тому +1

      The textbook is Principles of Economics by Mankiw. You can find older editions of it on eBay, Amazon, etc.

  • @vuochkhinhleng7962
    @vuochkhinhleng7962 3 роки тому +2

    When PPF is linear? And when PPF is bowed-shape?

    • @DrAzevedoEcon
      @DrAzevedoEcon  3 роки тому +8

      The PPF will be linear when the technology and inputs used to produce the two outputs are identical. If the technology and/or inputs is specialized, the PPF will be bowed out.

  • @Wearenick
    @Wearenick Рік тому

    Very good video.

  • @yousufsalim6798
    @yousufsalim6798 2 роки тому

    Hi doctor
    Is there a video in your channel that take a bout Consumer Choice Theory?

  • @irenewang839
    @irenewang839 3 роки тому

    really helpful!!!thx!!!

  • @aliawael1863
    @aliawael1863 3 роки тому +3

    how is he writing normally when he is faced to us??

    • @letranmyduyen6583
      @letranmyduyen6583 3 роки тому

      reflection effect i guess :))) like we take a selfie

  • @evilslayer1375
    @evilslayer1375 2 роки тому

    Watching this video before the day of examination, lol

  • @dilipbose194
    @dilipbose194 3 роки тому

    Great.

  • @bogasaiteja8968
    @bogasaiteja8968 3 роки тому

    Thanks a lot sir

  • @revanthupadhyayula9976
    @revanthupadhyayula9976 Рік тому

    can i get the notes of microeconomics to study for my university exam

  • @danielk.5890
    @danielk.5890 8 місяців тому

    Does anyone know what book 📕 he is referring to at the end? Thanks a lot ❤

    • @DrAzevedoEcon
      @DrAzevedoEcon  8 місяців тому

      I use Mankiw's Principles of Economics.

    • @danielk.5890
      @danielk.5890 8 місяців тому

      @@DrAzevedoEcon thank you very much for all your efforts and the swift reply. Your courses are tremendously helpful and very much appreciated. Greetings from Zurich, Switzerland 🇨🇭

  • @srinivasaraovalluru4429
    @srinivasaraovalluru4429 2 роки тому

    Could you please give note to the topics

  • @balnure8730
    @balnure8730 6 місяців тому

    😊😊😊😊

  • @brodiemusic5769
    @brodiemusic5769 3 роки тому

    Hey Doc. What is the textbook that this lecture is based off of?

  • @ممّدآقا-ف4ج
    @ممّدآقا-ف4ج Рік тому +1

    As an engineer, your lectures made me interested in the subject economics.

    • @DrAzevedoEcon
      @DrAzevedoEcon  Рік тому +1

      Great! People who are comfortable thinking analytically, such as engineers, usually like economics.

  • @니모-b6w
    @니모-b6w 15 днів тому

    Moore Kimberly Hall Jessica Lopez Helen

  • @m.hoeller04
    @m.hoeller04 2 роки тому +1

    Thank you for this Video! Turn to Jesus before it`s too late, He died for you and your sins on the cross. God bless you!

    • @rehanhashmi8083
      @rehanhashmi8083 2 роки тому +1

      Jesus( peace be upon him) or Isa Alaihissalam was a prophet of Allah swt.
      Turn to Allah before it's too late.
      Please research about islam and Allah will show you the truth.

  • @christianniyokwizerwa
    @christianniyokwizerwa 4 місяці тому

    He pronounce 'this point' like steve jobs...

  • @okwareemmanuel3491
    @okwareemmanuel3491 2 роки тому

    Thank you so much

  • @yotambronsky9990
    @yotambronsky9990 2 роки тому

    would be awesome to hear* this content on spotify!

  • @mariam-ow8hq
    @mariam-ow8hq 11 місяців тому

    thank you so much

  • @joseserrano390
    @joseserrano390 2 роки тому +2

    Thanks for your incredible work Dr! Keep it going! This is the first economics course that I have actually found useful.