Why do youtube videos always explain concepts better than my college professors
@gabriela-yj8lq Жыл бұрын
I went through whole bunch of videos and blogs and your video was THE FIRST ONE to properly explain this to me, big thank you!
@amayoka2 жыл бұрын
I learnt something monumental today: Welfare economics has little to do with equality. I had previously thought that pareto-efficiency was equality. Excellent illustration, clearly, you can't be worse off by missing what you never had (Like Bob in the illustration)
@shagurtham2 жыл бұрын
Very well and accurately explained compared to any other one on YT. Thanks
@disintegratev6951 Жыл бұрын
you know it gonna be a good video when the prof provides free white noise :D
@thiruneelakandan70062 жыл бұрын
Excellent sir, love your kindly explain...
@abdulmalikibrahim2398 Жыл бұрын
Thank u sir The best tutorial so far
@jm-px3mr3 жыл бұрын
Finally realized what Pareto efficiency means at 28 haha
@mwanginjoroge14705 жыл бұрын
Wonderful,,this video is of great help.
@goojialiang1637 жыл бұрын
better than my college lecturer
@昨日明後日のショー4 жыл бұрын
exactly
@ashita11305 жыл бұрын
Best video on this topic. Thanks!
@knowledgedaily60917 жыл бұрын
THIS VIDEO IS REALLY VERY NICE AND SO EASSY TO LERN GREAT WORK SIR
@atlcankarlkaya47553 жыл бұрын
Thanks for this beatiful class ☺️
@CeynteShow7 жыл бұрын
Thanks for making me understands this concept, you are the reason I'm going to pass my exam. Insha allah Tomorrow i'm sitting Mid-term exam for IntermediateMicroeconomics. my allah make easy. pray for me. mny thnks Mr. Burkhard C. Schipper
@chepalay64696 жыл бұрын
i know its been 6 months, but im just doing econ for my high school's Decathlon haha. But how did you do on your Mid term?
@muellerd1234 жыл бұрын
that's really ALLAH! great. that this video ALLAH AKBAR could help you prepare for your exam. ALLAAAAAAAAAAALALALALALA
@CeynteShow4 жыл бұрын
@@chepalay6469 I have earned higher marks. But i graduated now Alhamdullilah.
@CeynteShow4 жыл бұрын
@@muellerd123 at that time it was complexity to understand pareto efficiency coz teachers they don't explain the way you want to understand the things.
@faridaelsayed29338 жыл бұрын
This is the first time I ever comment on any video, but I had to! you are the reason I'm going to pass my exam.
@knowledgeworldbysud15405 жыл бұрын
That's very helpful for us sir, thankful for your help.
@nancyjames64037 жыл бұрын
Thanks for making me understands this concept
@raplopez4258 Жыл бұрын
Applying this to societies/economies, it appears to me in practicality that a pareto efficiency represents a status quo. This status quo is not necessarily the most fair; indeed the majority of pareto efficiencies (in their respective societies) that are fair to everyone, I assume, is slim to none. However, would it be casuistry to assume that an ideal societal/economic structure is self-evidently a pareto efficiency?
@maheshkakulla27996 жыл бұрын
Sir can you also explain the rest of chapters plz
@ramgovind21184 жыл бұрын
Is Pareto Optimality and pareto effiency same??
@nataliesalemink15735 жыл бұрын
Useful video!
@4602126886 жыл бұрын
This is very helpful, thank you so much.
@Gabby_angelhowards3 жыл бұрын
this really helped me with my quiz.thanks prof
@johnbilling79866 жыл бұрын
Thanks you helped alot had no idea about what pareto efficiency is now i do.
@althyw54704 жыл бұрын
Very informative! Thank you.
@niz_mokhethi91803 жыл бұрын
Thank you😫🤗 i was so lost this cleared confusion
@junetan17339 жыл бұрын
The video is helpful. Thanks
@fionamukaa79795 жыл бұрын
Omg thank you sooooo much. You helped me a lot🙏
@devendrapratapyadav72304 жыл бұрын
You are FIONA,where are MOGLY,BAGHIRA and SHERKHAN(characters of jungle book)?🤗😊
@vianneydodyh48935 жыл бұрын
Tq sir for the explanation. It help me a lot!
@unknownartiz6826 жыл бұрын
thanks a lot Burkhard!
@michaelm15264 жыл бұрын
Well explained! Not that this matters much but he was born in year 1848 not 1828
@burkhardc.schipper94624 жыл бұрын
Yes, finally somebody spots this unfortunate mistake. I hope it is the only one I made.
@leajimvillanueva12156 жыл бұрын
Thank you for explaining this.^_^
@zekunzhang34026 жыл бұрын
Thank u so much professor~
@pankajubale86215 жыл бұрын
Dhanyawad Sir 🙏
@anmolchitranshi13249 жыл бұрын
The video is very helpful.
@ishaqahmad54114 жыл бұрын
Pareto improvement and pareto efficiency are the same things???
@entropy65044 жыл бұрын
Not really. Say you allocated something and there's no other allocation that can make one happy without getting the other bad, then your allocation is Pareto Efficient.
@Tinaloitongbam10 ай бұрын
🤧🤧🤧🤧🤧 I got it and then I don't then again I understand then I don't