This is by far the best, visually coherent explanation of the concept; thank you Policonomics :)
@steadymedia2349 жыл бұрын
A quick and detailed lesson. Very nice.
@Policonomics9 жыл бұрын
Thank you +Lincoln Aisagbonhi !
@Muleslover4 жыл бұрын
Iam physics graduate but now i like #Economics. I like you teaching and presentation
@Policonomics10 жыл бұрын
This video explains how to build an Edgeworth box, and how to analyse it. We start from two sets of indifference curves, then build the Edgeworth box and, finally, draw the contract curve. A.4 Edgeworth box | Consumption - Microeconomics Learn, and enjoy!
@soniaammar1529 жыл бұрын
well done!!!! thank you for helping us
@Policonomics9 жыл бұрын
Dear sonia ammar , Thank you very much for your kind comment, it's much appreciated! Best, The Policonomics Team
@sitrakamatthieu7 жыл бұрын
Ok it's beautifull. I understood that...but that is like the basic so i will have more serious questions during my exams xD However, THANK YOU ! Your videos are great !
@musadabwembewe84268 жыл бұрын
you make understanding easy
@Policonomics8 жыл бұрын
Thanks!
@theodorerose42396 жыл бұрын
Utility curves are constructed in such way as that they never cross each other out. This assumption is quintessential to build a coherent model. However, in the diagram above, individual A (and Individual B) utility curves intersect each other if you keep extending the curves, which is not supposed to happen according to the assumptions laid out in the microeconomics theory. (I am not talking about the intersection of the utility curves of Individual A and B.) Can somebody explain to me how this happens and correct me if I am wrong.
@anuradhajaishankar79033 жыл бұрын
Oh my god, that was wonderful! Thanks a lot
@a.kingsley29443 жыл бұрын
great video - thanks for the help!
@NahedElrayes9 жыл бұрын
God I love this channel.
@Policonomics9 жыл бұрын
Thank you very much Nahed Elrayes !
@Policonomics8 жыл бұрын
Dear +Nahed Elrayes , We just uploaded our fourth video to our series on Game Theory. It's about the Battle of the Bismarck Sea, we hope you find it interesting! kzbin.info/www/bejne/aHWniqeaaqt3i80 If you like it, spread the word! Thanks for watching, The Policonomics Team
@susanaugustine40829 жыл бұрын
Wonderful what are the uses of contract curve
@Policonomics9 жыл бұрын
Dear Susan Augustine , Thank you for your comment! Best, The Policonomics Team
@prabinpoudel98999 жыл бұрын
wow thanks for the concept.
@Policonomics9 жыл бұрын
Dear Prabin Poudel , Thank you for your comment! Best, The Policonomics Team