Economics 1 - Lecture 3: Demand and Supply - continued

[Jehan25ful]

Thank you from Libya!

[uthai464]

This lecture helps me get Economics easily.

[michalchik]

How does a percentage tax based on price differ from a flat per unit tax in terms of tax burden.

[michalchik]

His assertion of rational allocation break down when you consider that people have different amounts of money. The amount if money that someone spend on a product is not just a function of his need for that product but also a function of the available money that person has. Economist seem to skip over this fact too often in order to simplify their models.

[Gunel1818]

I have understoos a lot of thinks

[houdapurple]

thank you very .much... very helpful,,, they didn't teach us these concepts at my university ^^

[nabeeldinhoo]

Please Upload The Reminding Lecs...They Are Really Useful ...

[seeking4x2]

When the professor is talking while pointing to parts of the slides to show the different points of the curves, please film the SLIDES not the professor talking so we can see the different points being pointed out. It's crucial for econ class to know which point/ parts of the curve the professor is talking about. Thank you.

[EJNewbury]

@seeking4x2 If it helps, I've been creating my own graphs at the beginning of the lecture and following along using that as he talks. Yea, you don't have him showing you which part he's talking about. But, if you're getting the abstraction of what he's saying, you'll be able to deduce what he's talking about pretty easily. Good luck!

[pdpax91]

We gotta tax the drugs. LOL

[guelsuen1987]

thanks professor

[TwistedXDream]

Thank you !