Analysis of how trade based on factor endowments (Heckscher-Ohlin) affects wages and the returns to capital.
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@DanUmmi4 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
@CapitalistThought9 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!
@anomandaris339326 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.
@brielllouck4213 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!!
@Wubi40006 жыл бұрын
My professor writes every intuition in graph, assuming that we understand the meanings behind. Thank you so much.
@joshmurphy80463 жыл бұрын
clear and concise, can't thank you enough
@saurovigiani6 жыл бұрын
By far the best explanations out there. Keep it up, sir!
@yuewang57807 жыл бұрын
Thanks for the great videos sir! You really explain the intuition behind the theories very well!
@meierleonardgeorg62862 жыл бұрын
Amazing videos! Thank you so much Professor. Greatings from Germany
@thatColombianshow7 жыл бұрын
Thanks to this video, I know understand the subsequent intuition behind the Stolper-Samuelson theorem. Thank you professor!
@majed98787 жыл бұрын
You've still got some problems in spelling you should probably be working on
4 жыл бұрын
@@majed9878 Stfu dick head
@guilhermesimon48363 жыл бұрын
Very good! Thanks for the great explanation!!
@yanpeng98494 жыл бұрын
omg prof you're amazing !!!!! I'm about to cry !!!! finally, it makes sense !!!!!!!!
@kriti30116 жыл бұрын
Excellent Sir!
@margarita32889 жыл бұрын
Thank you very much for clear explanation.
@alierchiang6 жыл бұрын
Thank you, Professor Moore!
@nortongartino46026 жыл бұрын
thanks, Mr. Mike.
@jamiefrantz50203 жыл бұрын
Sir you saved my Econ grade
@janerose11086 жыл бұрын
this helps me a lot. Thank you :)
@arun1ize8 жыл бұрын
really enjoyed Ur video
@dbarcia928 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?
@athir88110 жыл бұрын
thank you prof, help me a lot..
@MrBlueped6 жыл бұрын
well explained.
@thomasjp958 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?