ECO101 - Interdependence & The Gains From Trade Lecture
Автор: R. J. Birmingham
Загружено: 2021-01-21
Просмотров: 2913
This is college lecture will introduce you to comparative advantage, calculating opportunity cost and absolute advantage.
Chapters:
0:00 Start
10:42 Absolute Advantage and Opportunity Cost
16:25 Comparative Advantage
20:49 Trade Price
24:24 Practice Question
I developed this lecture series to assist students who need a little extra help with the material. The lectures topics are based on one of the most popular college economic textbooks (there are 5 versions of the textbook) used in universities around the country and world.
Do check out the companion video to this lecture where I show you how to solve economic test questions. As always, this is reference material and students should refer to their own course material and instructors.
Finally, I am not a professional video maker and do these from my home. Moreover, it never fails, I see my mistyping after I post a video. Guess it was good I was hired for my teaching ability and not my typing - LOL.
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