I'm going back to school and taking microeconomics soon. thanks for the great content. Hopefully, my professor will be as good as you.
@BurkeyAcademy3 күн бұрын
@@mateocolorado768 I hope you have some great teachers! You can check out all my free handouts and courses at my website if you need anything. Good luck!
@alexabraham90356 күн бұрын
very well explined sir thank you. you are a master
@alexabraham90356 күн бұрын
love your voice too
@giulioguarneri163528 күн бұрын
THANK YOU FROM ITALY <3
@awiagahsolomon823028 күн бұрын
Be great
@RieRieLuvАй бұрын
So if you have 1-2 what are you gonna put for that? I’m still learning lottery math
@huyvu4945Ай бұрын
this video is better than sitting in class at uni for 4 hours without gaining anything.
@feespro6319Ай бұрын
You have helped a lot sir . I stopped attending class , I was just watching you vedios from the start upto the end . Thank so much sir , because I got A+ in microeconomics ❤.
@therpopeАй бұрын
Dear Mr Burkey, is there a way to include non-spatially lagged variables in the slx model?
@BurkeyAcademyАй бұрын
Are you asking "Can I include some variables with both lag and no-lag variables, but a few with only non-lagged?" If so, then yes, you can do this "by hand". There is a command that creates spatially lagged variables for you, and you can just add the lagged and non-lagged variables in a regular lm command using OLS.
@nirdeshpaudyal9215Ай бұрын
it is more confusing
@Rosietime743Ай бұрын
Just Perfect!
@marufahmad69052 ай бұрын
Thank you sir, How can i run SARAR - (Spatial AutoRegressive-AutoRegressive model) in Geoda?
@BurkeyAcademy2 ай бұрын
I don't think you can in GeoDa. However, I can't be 100% sure because I don't really use GeoDa that much.
@marufahmad69052 ай бұрын
@@BurkeyAcademy Sir, Could you guide me on how can i do the SARAR (Spatial AutoRegressive-AutoRegressive model) Analysis. Nowadays I am trying to analysis SAR SEM SARAR model for my PhD research. Thank you sir.
@iskandera17832 ай бұрын
Is Robin Hood index official or not used not major bodies such as imf??
@cptovar57002 ай бұрын
I'm from Mexico and I cannot thank you enough for this videos! You are a great teacher and I'm learning more about economics than ever. Once again: Thank you!
@KJB0252 ай бұрын
Thank you so much for this!
@therpope2 ай бұрын
Dear Dr Burkey, wondering. If I run LR.sarlm and it gives me a high p-value, am I *forced* to drop all the way down to OLS?
@andriyrenteria21933 ай бұрын
Bro you saved me ❤
@hs2073 ай бұрын
Thank you so much for helping to understand spatial econometrics (and to handle my master thesis)! One question that came to my mind while watching you lectures. Why are the p-values different between the outputs of the SLX model and the Impacts function? In my dataset this leads to different levels of significance for the variables. It would be great to get an answer!
@BurkeyAcademy3 ай бұрын
If they are different, you must be adding the "R=500" part of the impacts command, but you shouldn't include it since simulations are not necessary for SLX models. If you include the R=, it will run simulations for estimating the p values, but if you leave it out you will get the exact p-values.
@user-ec6mp2mn8c3 ай бұрын
I am using these videos to review for my Econ 101 exam and I have never enjoyed studying this much. The videos give you both practice and new tricks and explains concepts so well.
@Pick3Lotto3 ай бұрын
Truly amazed! A simple $1 on "The Lottery Network" resulted in a $900 gain.
@user-ec6mp2mn8c3 ай бұрын
I am wondering why I didnt find this when my semester started but atleast its in time for my review
@peter-ek3uh3 ай бұрын
Good thing the lottery would never cheat us out of a win!
@bilenkeziban62373 ай бұрын
Excellent video, thanks!
@naturelover70403 ай бұрын
Please make a lecture on spatial structure of forest by nearest neighbor method
@MissLizzieJackson3 ай бұрын
Thank you
@orangepacker74793 ай бұрын
Thanks so much for this
@nmchigger64944 ай бұрын
is there something analogous for alternative functional forms? I want realistic demand functions using representative epsilon estimates for the demand for water. thanks
@sethhhh4 ай бұрын
summary: what is economics (more detail) kita akan mempajari bagaimana berbagai orang dapat membuat pilihan, menggunakan sumberdaya dengan cara terbaik untuk memaksimalkan apapun tujuan mereka for society: sumberdaya kita adalah input alam, manusia, atau manufaktur yang langka yang digunakan untuk menghasilkan barang dan jasa. sumberdaya ekonomi ini terkadang disebut sebagai faktor produksi dan diklasifikasikan ke dalam empat kategori: 1. tanah (sesuatu yg berasal dari tanah), atau sumberdaya alam (pembayaran kepada tanah disebut "sewa") 2. tenaga kerja, atau waktu dan kemampuan orang-orang yang memproduksi barang dan jasa (upah) 3. modal, mesin, alat, dan peralatan yang digunakan untuk membuat barang dan jasa lainnya (bunga) karena saat anda memulai bisnis anda peu meminjam sejumlah uang untuk membeli bangunan,mesin berapa uang yang dipinjam dengan baik, itulah bunga anda even pake uang sendiri, kalau uangnya diambil dari bank atau investasi lainnya, u akan kehilangan bunga itu 4. kemampuan wirausaha, atau bakat manusia khusus individu yang menggabungkan faktor produksi lainnya. (pembayaran kepada wirausahawan disebut keuntungan) karena adanya kelangkaan, segala sesuatu memiliki biaya. ANDA HARUS mengorbankan sesuatu untuk mendapatkan sesuatu. mengambil suatu pilihan memiliki biaya peluang (opportunity cost): mengorbankan alternatif terbaik selanjutnya untuk pilihan yang diambil. metode ilmiah adalah proses yang digunakan untuk menemukan pengetahuan baru. ini melibatkan proses berikut: a. beberapa istilah digunakan dalam analisis ekonomi yang terkait dengan metode ini. 1. hipotesis adalah proposisi yang diuji dan digunakan untuk mengembangkan teori ekonomi. 2. teori ekonomi yang sangat diuji/dapat diandalkan disebut prinsip hukum ekonomi. teori, prinsip, dan hukum digunakan untuk memprediksi hasil kemungkinan dari suatu tindakan atau peristiwa. 3. model ekonomi dibuat ketika beberapa hukum atau prinsip ekonomi digunakan untuk menggambarkan kenyataan. contoh: penawaran dan permintaan, garis anggaran, kurva kemungkinan produksi b. ada beberapa aspek lain dari prinsip ekonomi. 1. setiap prinsip atau teori adalah generalisasi yang menunjukkan kecenderungan atau efek rata-rata. 2. asumsi hal-hal lain sama (ceteris paribus) membatasi pengaruh faktor lain saat memprediksi. 3. banyak model ekonomi dapat diilustrasikan secara grafis; adalah versi yang disederhanakan dari kenyataan ekonomi. 2. apa arti ceteris paribus? mengapa kita peduli? "ceteris paribus" adalah istilah latin yang berarti "semua hal lainnya tetap sama". ini digunakan dalam analisis ekonomi untuk menyederhanakan penjelasan tentang bagaimana satu variabel dapat mempengaruhi yang lain, dengan semua faktor lainnya tetap konstan. ini penting.
@sethhhh4 ай бұрын
bagaimana individu membuat pilihan (choice): rational maximizers > individu membuat pilihan dengan mempertimbangkan biaya dan manfaat dari membuat pilihan. cost > benefit: dont do it benefit > cost: do it buat keputusan yg bisa membuatmu bahagia. kita tidak dapat memiliki segalanya dan kita tidak dapat melakukan segalanya
@sethhhh4 ай бұрын
summary: what is economics ilmu ekonomi adalah ilmu sosial yang mempelajari bagaimana masyarakat membuat pilihan dalam rangka mengelola sumber daya nya yang relatif terbatas (langka) kelangkaan yang dibicarakan disini bukan (rare,valuable) tapi kelangkaan di ekonomi itu berbicara tentang keinginan individu yang tidak terbatas dan alat pemuas kebutuhannya yg terbatas sehingga individu ini harus membuat pilihan. ilmu ekonomi ada 2 bagian yaitu ekonomi mikro (mempelajari tingkah laku unit ekonomi secara individu > kita fokus pada pilihan > pilihan individu,perusahaan, dan bagainana pilihan pilihan kedua diatas bekerja sama untuk mempengaruhi apa yang terjadi dipasar) ekonomi makro: hasil keseluruhan pilihan pilihan dalam ekonomi mikro, bagaimana semuanya dijumlahkan. untuk menentukan apa yang terjadi dalam perekonomian, kapan pun anda berpikir tentang perekonomian negara anda berbicara tentang makro ekonomi.
@evelynsoko4 ай бұрын
These notes are very helpful.
@evelynsoko4 ай бұрын
I'm looking forward to more notes.
@meem5244 ай бұрын
Hi. Can you share what the profit funtion will be in this case? For the different values of effort
@teacher93774 ай бұрын
Very helpful. Thank you
@MoriartyorSherlock4 ай бұрын
Is there a way to create a physical 3D physical prototype? If possible, can you provide guidance on what software I can use? It’s for my class project
@fridolingaming38774 ай бұрын
The video was good and give me further understanding about Moran's I but can you make a video where Spatial Autocorrelation using Distance-Based Weights?
@ryanhill47195 ай бұрын
You sound like Dr. Phill, Thanks for the help
@cassyaalmeida47135 ай бұрын
tks from Brazil!
@user-st7cl5kw1g5 ай бұрын
amazingggggg video thank you so much
@istiandini33165 ай бұрын
Thankyou so much, Im trying to understand this step by step, wish me luck :D
@user-if3im3rg3t5 ай бұрын
Thank you. I’m waiting for my book and don’t have anything on hand to study yet. This is very helpful.
@user-if3im3rg3t5 ай бұрын
I messed up and took too long to order my book. I need to read the first two chapters and complete an assignment on Monday. Thank you! You teach the subject very well.
@user-fm8tn6cw2e5 ай бұрын
Brilliant simple straight forward no nonsense epic tutorial ! Loved it. Thank you
@VisionLegacyMusic5 ай бұрын
Thank you for this
@israellaragarcilazo35155 ай бұрын
Thank you so much!!!!!!!! I spent a lot of time trying to solve this problem
@soorajahmadkargar72465 ай бұрын
have been looking for this for an hour. thank you so much !
@angelyngom-os60786 ай бұрын
thank youuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu
@davisalley68486 ай бұрын
Bless your soul ! You are amazing teacher and I really had a fun time learning while you saved my ass for a test on Wednesday. Sending thanks from rome!
@soheil1666 ай бұрын
Amazing 🤩
@AliDoostvandi-zd3lc6 ай бұрын
So effective, thank you. How can we do that in a semi-log presentation of data?