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Iris Franz
Добавлен 21 июл 2013
This channel aims to help students learn economics. Education has a positive externality and should be subsidized, so I create these clips for you to watch for free. If you find them helpful, please share -- so others can learn economics for free too. (Well, except for your opportunity cost of time!)
Bottom line: It is my hope that you use your knowledge to help others, one day.
Bottom line: It is my hope that you use your knowledge to help others, one day.
It Don't Mean a Thing (If It Ain't Got That Swing)
It Don't Mean a Thing (If It Ain't Got That Swing)
Просмотров: 84
Видео
Bach Well-Tempered Clavier Fugue 2 in C minor, BWV 847
Просмотров 2985 месяцев назад
Bach Well-Tempered Clavier, Book 1, Fugue 2 in C minor, BWV 847
Bach Invention No. 10 in G Major, BWV 781
Просмотров 3338 месяцев назад
Bach Invention No. 10 in G Major, BWV 781
Extensive Form Games (2): The Job Offer Game
Просмотров 1849 месяцев назад
This clip uses backward induction to solve for the subgame perfect equilibrium for a job offer game.
Extensive Form Games (1): The Entry Game
Просмотров 2569 месяцев назад
This clip explains what an extensive form game is, and illustrates how to solve for the subgame perfect equilibrium with backward induction.
Monopsony (4): Profit Maximization & Deadweight Loss
Просмотров 4869 месяцев назад
This clip illustrates 1. the three steps of profit maximization for monopsony, 2. why monopsony causes deadweight loss, and 3. how a minimum wage law can improve efficiency, raise wage, and increase employment.
Monopsony (3): Why MRC is greater than the Wage
Просмотров 1659 месяцев назад
This clips uses an example of a monopsonist in the Boba Drink Market, Boba Vader, to demonstrate why marginal resource cost is greater than the wage for a monopsonist, and how a monopsonist sets MRP = MRC to maximize its profit.
Monopsony (2): Assumptions, MRP and MRC
Просмотров 1559 месяцев назад
This clip establishes the basic assumptions of labor market monopsony. The product market is perfectly competitive, but the labor market is subject to monopsony.
Monopsony (1): Overview
Просмотров 17910 месяцев назад
This clip illustrate the definition of monopsony.
Valse Mélancolique (Op. 2, No. 3) by Vladimir Rebikov
Просмотров 23410 месяцев назад
This is the first time I record my music after my dear husband, mom and dad gave me this new piano. I'll forever appreciate their support and unconditional love.
The Demand for Resources (1): Overview
Просмотров 21610 месяцев назад
This clip gives an overview of the resource market, and how the price of the resources are determined in a competitive market.
Monopoly (4): Why Monopoly Causes Allocative Inefficiency
Просмотров 32910 месяцев назад
This clip explains why monopoly's outcome is allocatively inefficient. As the price is greater than MC, there're always consumers whose WTP is lower than the price but higher than the MC. These consumers would buy the product under perfect competition, but won't get a product under monopoly, thereby causing allocative inefficiency.
Monopoly (3): Three Steps for Profit Maximization
Просмотров 33310 месяцев назад
This clips illustrates how a monopolist maximizes profit and minimizes loss, and why a monopolist will not just charge a price "as high as possible".
Monopoly (2): Why MR is less than the Price
Просмотров 33610 месяцев назад
This clip explains why MR is less than the price for monopoly.
Monopoly (1): Overview & Entry Barriers
Просмотров 26111 месяцев назад
This clips gives the definition of monopoly and the causes of entry barrier.
The Demand for Resources (2): MRP, MPL, & Hiring Decisions
Просмотров 15011 месяцев назад
The Demand for Resources (2): MRP, MPL, & Hiring Decisions
Long-Run Average Total Cost Curve (2)
Просмотров 35311 месяцев назад
Long-Run Average Total Cost Curve (2)
Long-Run Average Total Cost Curve (1)
Просмотров 1,2 тыс.11 месяцев назад
Long-Run Average Total Cost Curve (1)
Price Elasticity of Demand (5): Determinants
Просмотров 36011 месяцев назад
Price Elasticity of Demand (5): Determinants
Price Elasticity of Demand (4): Total Revenue and the "Arrow Method"
Просмотров 38711 месяцев назад
Price Elasticity of Demand (4): Total Revenue and the "Arrow Method"
Price Elasticity of Demand (3): Elastic, Inelastic, and Unit Elastic Demand
Просмотров 1,4 тыс.11 месяцев назад
Price Elasticity of Demand (3): Elastic, Inelastic, and Unit Elastic Demand
Price Elasticity of Demand (1): Overview
Просмотров 73811 месяцев назад
Price Elasticity of Demand (1): Overview
Consumer Choice (3): Two-Step Approach to Utility Maximization Problem
Просмотров 18111 месяцев назад
Consumer Choice (3): Two-Step Approach to Utility Maximization Problem
Introduction to Iris' Economics Learning Channel
Просмотров 2,6 тыс.11 месяцев назад
Introduction to Iris' Economics Learning Channel
Consumer Choice (2): Equal Marginal Principle & Utility Maximization
Просмотров 218Год назад
Consumer Choice (2): Equal Marginal Principle & Utility Maximization
Consumer Choice (1): Total Utility, Marginal Utility & The Law of Diminishing Marginal Utility
Просмотров 367Год назад
Consumer Choice (1): Total Utility, Marginal Utility & The Law of Diminishing Marginal Utility
Price Elasticity of Demand (2): Midpoint Formula
Просмотров 1,6 тыс.Год назад
Price Elasticity of Demand (2): Midpoint Formula
The Christmas Song (Chestnuts Roasting on an Open Fire)
Просмотров 416Год назад
The Christmas Song (Chestnuts Roasting on an Open Fire)
Cost Curves (2): Average Fixed Cost, Average Variable Cost, Average Total Cost, & Marginal Cost
Просмотров 6 тыс.Год назад
Cost Curves (2): Average Fixed Cost, Average Variable Cost, Average Total Cost, & Marginal Cost
Very well explained. Thank you so much.
I absolutely loved your explanation! I faced so much difficulty in understanding this topic before I watched this video.
Great!
Cool
姐讲得我直接秒懂,根本听不懂上课教授讲的那个东西
she's the best! I hope she makes more content like this <3
Great explanation thank you ! ❤
Great explain ❤
Thank you! Never forget that Jesus Christ loves you yesterday, tomorrow and forever! God bless you abundantly.
normally i always watch explanatory videos in my native language. i came across this video by aciident and find it easy to understand despite the language barrier. maybe i will watch more english videos in the future if it is explained so simply. :)
I love your explanation 🥰
Clear explanation
thank you
To win in chicken game you remove the wheel and show to your opponent. His choices become death or losing, on which losing is better. You win
You’re adding the signaling part to it! Love that!
I am watching your economic videos on udemy and they are very helpful, just wanted to say thank you
2:47 I was confused why it's approx , thanks for mentioning how inflation x real came Appreciated Boss🤝
thanks!!! that's makes better sense now! i really needed that, thanks
Thank You great explanation ❤
Great video! Thank you for your efforts (:
Wonderful Explanation !
Thanks a bunch, mam.
very useful thank you!!👍😁
ma perché mi devi levare i soldi porcoddio
You truly are a hero 🫡🫡
Thanks a lot 🙏🏻🙏🏻🙏🏻🙏🏻
Your method is fabulous!!!
Watching from Pakistan
This is really great - please make more videos / I dont mind paying for subscription. Way better than my professor
Thank you, you help me understand subject my professor didnt help me with ❤
Thank you!
why Z1 (p1*,p2*) = 0
The way you ending this video is so cool, thank you, great explanation👍
Hello Iris, I am from India pursing my undergrad in economics. Your videos have been so helpful throughout my finals and helped me simplify the topics. Thank you for the great work you do!
Thank you Iris Franz
That lris❤
🙏 big respect
I learnt this one, but can you tell me if we are solving for two goods and the price of one of them changes, how can we find bundle y ? because after we find delta m and then we try to find new equilibrium, I don't know that should i use the last quantity for the good that it price didn't change or should i find new quantities for both goods with new budget?
it couldn't be better than this! it is perfect
I can't believe how amazingly you explained...Thanks❤
Why one of them is set completely free if he confesses to committing the crime together? The confessor should also get some years in prison. If we do that, the choices may change
Of course, if you change the payoff matrix, the results will change. If you change is to 6 months, the results still don’t change. The point is- confessing is the dominant strategy, and that’s why the suspects are always interrogated SEPARATELY.
i was stuck with this part in my tute, Than kyou so much
lovely video, thank you!
Thanks
Enfin quelque chose de gai . Mais un peu mécanique parfois…
this was so helpful thank you !
amazing vid thanks!
Thank you so much for this video! It was really clear and helpful
got it first try! LEGEND!!
Can you explain if profit maximizing firm will never produce in the short run if its economic profits are negative?
Thanks for your clear explanation <3