Animation showing Introduction to Budget Lines (Budget Constraint)

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Economicsfun

Economicsfun

Күн бұрын

Пікірлер: 39
@susancheng7107
@susancheng7107 11 жыл бұрын
There is probably no better way for a foreigner to study microeconomics! When I was confused, just watched your tutorial videos. REALLY A LOT OF HELP.
@guylaroche0205
@guylaroche0205 11 жыл бұрын
This is amazing. As an international student, which English is not my first language, it's hard to understand the whole things in the lecture. Thanks to your video, everything becomes more clear. Pls keep countinue !
@job4er
@job4er 4 жыл бұрын
very well explained, sir. I just found your video and it helped me understanding the budget line so smoothly that I feel so great about me right now.
@economicsfun
@economicsfun 11 жыл бұрын
Wonderful to hear my videos are helping you. None of use are really foreigners because we are all citizens together on earth :). Good luck in your studies? I am in Kansas City, USA, what city are you in?
@guzaltoktieva5523
@guzaltoktieva5523 4 жыл бұрын
Stockholm. Thank you very much :)
@theuknowndreamer9402
@theuknowndreamer9402 8 жыл бұрын
I have a test tommorow and this helped me to understand the budget line..thanks a bundle you really are a great teacher..
@economicsfun
@economicsfun 11 жыл бұрын
Yes animations do help understanding. As it goes, a picture is worth a thousand words, but an animation (maybe a million words).
@senadshajkovci9748
@senadshajkovci9748 10 жыл бұрын
Thank you very much for all the videos explaining in a perfect way all the problems in microeconomics. I love your videos and I really learn much better then from books. Best greetings from Kosovo!
@abramtravis1223
@abramtravis1223 3 жыл бұрын
You all probably dont care at all but does someone know of a method to get back into an instagram account? I somehow forgot the account password. I would love any help you can offer me!
@economicsfun
@economicsfun 11 жыл бұрын
Is it hard for you or do you think it is hard for students. There is a lot of pedagogical research on how students learn algebra. Keep in mind most students taking an economics class have been exposed to algebra. This is probably not the first time they have seen this type of operation. In my experiences and research, it is easy for students to follow when animation is used and different colors. That is the important part here.
@israelbenjiz1818
@israelbenjiz1818 6 жыл бұрын
Really helpful, now i fully understood how to calculate the Buget lines. Thank you Sir
@mustafaglnr8780
@mustafaglnr8780 6 жыл бұрын
how did you decide to use (40, 90) point? And also Are there any equation in order to find optimal point over budget line?
@Econotrix
@Econotrix 4 жыл бұрын
Simply great
@dalisombewe1431
@dalisombewe1431 5 жыл бұрын
well explained, thank you sir
@ndhi842
@ndhi842 6 жыл бұрын
Thanks a million for this video.
@tenayastallendixon252
@tenayastallendixon252 7 жыл бұрын
What will happen if the income increase or decreases and the price of good x decreases or increases while good y remaining constant/
@CY_001
@CY_001 2 жыл бұрын
Thank you so much!!!
@JC-cu2ym
@JC-cu2ym 6 жыл бұрын
Omg... Thankyou so much for this video
@padmadiskit7151
@padmadiskit7151 6 жыл бұрын
It's quite helpful for me....
@shastas.1764
@shastas.1764 10 жыл бұрын
This is great! Thank you! :)
@josephhamilton6431
@josephhamilton6431 3 жыл бұрын
I need help .. how will the budget line move if both prices double
@inayatqureshi6715
@inayatqureshi6715 Жыл бұрын
It will shift outwards . The slope will remain the same
@rominaz5873
@rominaz5873 8 жыл бұрын
thank you very much. i wish you were my teacher
@عمرالتعليمية-ن2د
@عمرالتعليمية-ن2د 7 жыл бұрын
I would like to reproduce your material into my Language.
@sehrishtoufail9367
@sehrishtoufail9367 7 жыл бұрын
what happen with budget line when price of x increase and price of y decrease ? plzzz tel me the ans
@ShigureHisame
@ShigureHisame 7 жыл бұрын
DUA E zahra they will consume more of y and less of x which will make the line much steeper ^^
@blessingotuorimuo1385
@blessingotuorimuo1385 10 жыл бұрын
brilliant! bravo :)
@anasosa01
@anasosa01 6 жыл бұрын
have my babies Economicsfun!!!
@krishnachaitanyat6839
@krishnachaitanyat6839 7 жыл бұрын
Thank you sir
@scarymary2k8
@scarymary2k8 11 жыл бұрын
the way you do your balancing of equations is really confusing. why multipy by a fraction when you can just divide my the quantity straight away?? Its confusing because you learn to balance by doing the opposite, here you are solving for x and why by multiplying fractions. that's a LOT harder to follow for someone who is learning fresh from start
@sumanchowdhury6162
@sumanchowdhury6162 2 жыл бұрын
If price f good, X, y change when income changes Thn budget line shift won't be parallel
@thelord9999
@thelord9999 9 жыл бұрын
He sounds like owange prank
@economicsfun
@economicsfun 9 жыл бұрын
Khalid AlShehry I have heard that a couple of times.
@carljohnson8078
@carljohnson8078 8 жыл бұрын
he sounds very nice.....he's a good teacher
@rfcjamiex
@rfcjamiex 7 жыл бұрын
Thanks babe
@a910
@a910 8 жыл бұрын
You have massively overcomplicated some of the maths in this video. Why are you balancing equations by multiplying by fractions? Instead of that long instruction of M=Xpx+YPy, 300= 100Px +0Py, 1/100 x 300 = 100px x 1/100 = 3=Px, why don't you just say to divide the income by Good X (Px = 300 / 100). For people learning this for the first time this will not at all be helpful.
@SaarangAhujaAndDance
@SaarangAhujaAndDance 8 жыл бұрын
Yeah I agree, but then again everyone has their own ways
@renusabharwal5460
@renusabharwal5460 10 жыл бұрын
BUDGET CONSTRAINT (part 1)
@nawshinahasan7701
@nawshinahasan7701 7 жыл бұрын
try to speak faster.please
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