ECONOMICS MEME REVIEW #2
6:53
2 жыл бұрын
Пікірлер
@C-x2l-z2g
@C-x2l-z2g 3 күн бұрын
Where do we observe unemployment in this diagram?
@valeria.okayyy
@valeria.okayyy 7 күн бұрын
Me ayudó, sin embargo buscaba contenido con impuestos lump sum.
@shourjyobiswas1704
@shourjyobiswas1704 10 күн бұрын
thanks you are a saviour
@YashBurman-m6x
@YashBurman-m6x 10 күн бұрын
subho bijoya sir
@JakeVanderbeck
@JakeVanderbeck 17 күн бұрын
Class analysis and alternative economic systems have been an enormous boost to my interest in anarchism. Anarchism unlike the state prevents powerful individuals and groups from emerging
@obadiah60623
@obadiah60623 19 күн бұрын
What do Economics, weather predictions and sociology have in common? To predict uncertainty, all require height math.
@AverageSunEnjoyer-gi4vv
@AverageSunEnjoyer-gi4vv 19 күн бұрын
i love you
@SphereofTime
@SphereofTime Ай бұрын
4:04 bellman eq rewriting
@robyee3325
@robyee3325 Ай бұрын
wheres part 5?
@joszefrviz398
@joszefrviz398 Ай бұрын
No. At the start. It is not about economics or social considerations. It is about domination and control. Always. Let us start from there.
@Tttttttttttggghggffhh
@Tttttttttttggghggffhh Ай бұрын
He doesnt say anything in this video
@tonychow8120
@tonychow8120 Ай бұрын
how to generate this CEAFC, suppose using TreeAge. thanks
@mickeymaples4928
@mickeymaples4928 2 ай бұрын
But can't you argue of a time dependent preference? Like ice cream in summer and hot chocolate in winter?
@mrweisu
@mrweisu 3 ай бұрын
It’s a great series. To make it even better I am wondering if you can solve this using numerical methods with codes in python. Another direction to go is to add uncertainty and repeat the analysis.
@lucasl9632
@lucasl9632 3 ай бұрын
What i don't get is why you only have i in the Slutsky equation when every version online says i and j
@gideonnyarkoh6739
@gideonnyarkoh6739 3 ай бұрын
How do you run this module in STATA
@garygaza5545
@garygaza5545 3 ай бұрын
This video has sheer compendiousness coupled with unmatched perspicacity, great work!
@kulumbapaul3065
@kulumbapaul3065 3 ай бұрын
This is really helpful thanks!
@caseyhanson6479
@caseyhanson6479 4 ай бұрын
You teach like you think everyone understands the subject like you do - very poor
@poseidon4818
@poseidon4818 4 ай бұрын
Just speed reading
@topomh4064
@topomh4064 4 ай бұрын
Thanks a lot, but I have a question just at the end of video, for 2 order stochastic domination, for the PDF function, the area below the 2 functions should be 1, but as you showed it, they seem have different area, which I don't understand....
@wafaamanelbennouna224
@wafaamanelbennouna224 5 ай бұрын
That's a great introduction BIA !!! Thank You John !
@sfin000
@sfin000 5 ай бұрын
Can you help me understand the RHS of the equation right after you take the derivative w.r.t. p_i? Where does the first term (dxi/dpi) come from? If I were just doing this myself, I would just use the chain rule and come up with the second term alone. This is a 5yo video so I know it might be a long shot but you never know, thanks!!
@Mario-1898
@Mario-1898 15 күн бұрын
Because the marshallian x originally a function of p and y (income): xi(p,y). If you differentiate this expression then you have dxi/dpj. But then we have to recall that y = e(p,u). Where e is also a function of p. So you have to use the chain rule to first differentiate x with respect to e: dxi/de. Then the function e with respect to de/dpj. So then the total effect would be these two: dxi/dpj + (dpxi/de)*(de/dpj).
@dr.strangelove8846
@dr.strangelove8846 5 ай бұрын
Good video. I need to watch it couple of more times. Have a question though.. can Marlon models validate drug approval process? Are they being used now ? What about Monte Carlo simulations ?
@spicyrogueaj9283
@spicyrogueaj9283 5 ай бұрын
That made no sense
@Iramkabir7298
@Iramkabir7298 6 ай бұрын
What is the main difference between solow and rck model in Eco
@healthandfitness331
@healthandfitness331 6 ай бұрын
Amazing Professor. Is there any code of this model?
@trixn4285
@trixn4285 6 ай бұрын
Every qualified physicist that solves similar problems in physics knows what that means. It means that you can not add up individual behavior to come up with a model of how the whole works. They call that emergence and it is a common and well understood problem of deriving macro scales from micro scales. It basically destroys the very fundament of equilibrium models and neoclassical economic theory, which is why it is downplayed and hidden from undergraduate students who do not bother to question the fundamental assumptions anyways. It is pure insanity from the perspective of other actual sciences where those kind of problems are common. Econ101 is pure insanity. It is a cult that is motivated by their world view that a society doesn't exists and there are only individuals to prove their already disproven ideas.
@Penisman6969
@Penisman6969 6 ай бұрын
My textbook couldn't explain this at all, this saved my ass.
@miguelangelortiz7329
@miguelangelortiz7329 6 ай бұрын
Hey, I think there is a mistake deriving the FOC of V0 at min 5:33 because the D' of Ln(Bx1/(1+B)) = B/BX1 = 1/X1
@torilaplue6259
@torilaplue6259 7 ай бұрын
Why, in step 3 (FOCs, wrt k) is the rho term subtracted... from the previous step it seems like it should be added (should be the same sign as mu-dot).
@AbdElhamedMetwly
@AbdElhamedMetwly 7 ай бұрын
IS IT possible to send a video analysis of this model to the EViews application
@lebogangomoregie8669
@lebogangomoregie8669 7 ай бұрын
@lebogangomoregie8669
@lebogangomoregie8669 7 ай бұрын
Thank you❤
@Define856
@Define856 7 ай бұрын
Hello, Do you still actively working? I've been thinking about this idea for years. I wish i had someone to talk and clear my foggy ideas about this context. Is there any social groups for this. I've looked up few of them and none of them caught my interest. And i liked your video
@SarahLaubach-l7o
@SarahLaubach-l7o 7 ай бұрын
Musn't the sign be the other way, such that the integral for (the stochastically dominant) F(x) <= the integral for G(x)? As far as I've understood correctly from your video, in the PDF, the smaller, because more narrow area below F(x) shows that this distribution represents a gamble that is less risky, and thus F(x) stochastically dominates the green G(x) (with a larger area below) in second order. ?
@SarahLaubach-l7o
@SarahLaubach-l7o 7 ай бұрын
Thank you very much for the nice and easy and therefore very helpful explanation! :)
@Nikita-uu6kv
@Nikita-uu6kv 7 ай бұрын
Amazing video. Cleared the concept quickly. Thanku
@robertremuszka8942
@robertremuszka8942 7 ай бұрын
Hi EconJohn. Thank you for this video! Really great stuff. May I ask, are there some references that you like in addition to the standard SLP reference?
@EconJohnTutor
@EconJohnTutor 7 ай бұрын
I really liked Tom Sargent's Dynamic Macroeconomic Theory, its a text that predates Recursive Macroeconomic Theory, but I found it to be an easier read.
@wajidiq1
@wajidiq1 7 ай бұрын
if there is subsidy given unemployed in Shapiro Stiglitz Model. How this will change the model and graph
@cody9542
@cody9542 8 ай бұрын
😅 *Promo SM*
@rajudey1673
@rajudey1673 8 ай бұрын
Whether both equality and inequality constrained are allowed in solnl() function?
@ksk7312
@ksk7312 9 ай бұрын
Great debate, I really apreciate your videos. I care to ask, what is this refinement you are referring to? Because it seems that the more complex and refined the mathematics, the more useless general equilibrium analysis seems to be. What is your possition?
@布格-x7j
@布格-x7j 9 ай бұрын
Thanks for sharing! I understood math is important for deriving the consumer theory, profit maximization, even utility functions, and/or cost benefit functions; or measure/adjust the predictability of the statistical model. Since I am a master's student, and I have a poor math background. I wonder do I learn math proof while I learn all the calculus, linear algebra, etc on the way? Thanks!
@anudarib
@anudarib 9 ай бұрын
Thank you so much
@yenianggraini4436
@yenianggraini4436 9 ай бұрын
Thanks a lot bro
@AkhilKumar-cw1me
@AkhilKumar-cw1me 10 ай бұрын
How to do step 2 when we have perfect complement utility function?
@ciai7317
@ciai7317 10 ай бұрын
Great video. I only like to inquire about any reference book, to read more about the subject, that you could recommend. Thank you in advance for the information.
@EconJohnTutor
@EconJohnTutor 10 ай бұрын
I did not use a reference book for this video, but I would recommend getting your hands on a copy of "Cost Effectiveness Modelling for Health Technology Assessment- A Practical Course" by Richard Edlin et al.
@zethayn
@zethayn 10 ай бұрын
I love this series, thank youu so much!
@PabloFreethinker
@PabloFreethinker 10 ай бұрын
upon solving it would it be < pie/{(2w1)^0.6 *(2w2)^0.4}> also thanks for the solve.
@joyzhou9601
@joyzhou9601 11 ай бұрын
Thank you So So much! Helps a lot!
@愛的逃兵史提芬
@愛的逃兵史提芬 11 ай бұрын
Thanks a lot Any upload slides?