Heckscher-Ohlin and factor prices

  Рет қаралды 83,482

Mike Moore (GWU econ professor)

Mike Moore (GWU econ professor)

Күн бұрын

Analysis of how trade based on factor endowments (Heckscher-Ohlin) affects wages and the returns to capital.

Пікірлер: 27
@DanUmmi
@DanUmmi 4 жыл бұрын
6 years later in the COVID 19 era and I'm soo happy I found this video in time for my online exams
@CapitalistThought
@CapitalistThought 9 жыл бұрын
Most Economic professors write everything on the board and don't really show you what is going on. They have this belief that the student understands the concept and just visually sees it. I like watching professors slowly talk it out instead of quickly writing massive equations that don't even have labels. Thank You!
@anomandaris3393
@anomandaris3393 26 күн бұрын
10 years later, this video is still very helpful. It's such a shame the channel doesn't get the recognition it deserves.
@brielllouck421
@brielllouck421 3 жыл бұрын
Thank you for these videos! I have been struggling in International Economics (I took the prerequisites 15 years ago). You have finally brought the mathematical equations & verbal explanations together for a real understanding! Thank you!!
@Wubi4000
@Wubi4000 6 жыл бұрын
My professor writes every intuition in graph, assuming that we understand the meanings behind. Thank you so much.
@joshmurphy8046
@joshmurphy8046 3 жыл бұрын
clear and concise, can't thank you enough
@saurovigiani
@saurovigiani 6 жыл бұрын
By far the best explanations out there. Keep it up, sir!
@yuewang5780
@yuewang5780 7 жыл бұрын
Thanks for the great videos sir! You really explain the intuition behind the theories very well!
@meierleonardgeorg6286
@meierleonardgeorg6286 2 жыл бұрын
Amazing videos! Thank you so much Professor. Greatings from Germany
@thatColombianshow
@thatColombianshow 7 жыл бұрын
Thanks to this video, I know understand the subsequent intuition behind the Stolper-Samuelson theorem. Thank you professor!
@majed9878
@majed9878 7 жыл бұрын
You've still got some problems in spelling you should probably be working on
4 жыл бұрын
@@majed9878 Stfu dick head
@guilhermesimon4836
@guilhermesimon4836 3 жыл бұрын
Very good! Thanks for the great explanation!!
@yanpeng9849
@yanpeng9849 4 жыл бұрын
omg prof you're amazing !!!!! I'm about to cry !!!! finally, it makes sense !!!!!!!!
@kriti3011
@kriti3011 6 жыл бұрын
Excellent Sir!
@margarita3288
@margarita3288 9 жыл бұрын
Thank you very much for clear explanation.
@alierchiang
@alierchiang 6 жыл бұрын
Thank you, Professor Moore!
@nortongartino4602
@nortongartino4602 6 жыл бұрын
thanks, Mr. Mike.
@jamiefrantz5020
@jamiefrantz5020 3 жыл бұрын
Sir you saved my Econ grade
@janerose1108
@janerose1108 6 жыл бұрын
this helps me a lot. Thank you :)
@arun1ize
@arun1ize 8 жыл бұрын
really enjoyed Ur video
@dbarcia92
@dbarcia92 8 жыл бұрын
I understand that as you open the domestic economy to trade the demand from external markets will cause an upward shift in demand, bid up the price for the good, and signal the exporting country to invest more in either capital or labor, depending on what the good is. My question is what happens as that country starts to increase supply to the point where the price is at the point it was before the external increased demand or even below it? My guess is that as domestic supply increases and starts reaching the old price point, the rate of investment into capital or labor will slow down--eventually stopping at the Px/Py point of convergence? The rate of investment would stop because past a certain price point it is no longer profitable to produce that good due to diminishing marginal returns. Is that correct?
@athir881
@athir881 10 жыл бұрын
thank you prof, help me a lot..
@MrBlueped
@MrBlueped 6 жыл бұрын
well explained.
@thomasjp95
@thomasjp95 8 жыл бұрын
hi there! I am preparing an exam and this is on the syllabus; In relation to this I have to study the FACTOR PRICE EQUALIZATION (or GLOBALIZATION) theorem.. but I have not understood it.. Could you help?
@dineshkumara8189
@dineshkumara8189 8 жыл бұрын
Thank you
@ardaturkol7
@ardaturkol7 6 жыл бұрын
I need you in my school
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