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Lecture 10 Notes (chp.8)

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Production Possibilities Frontier (PPF) - Introduction and Productive Efficiency

  • Guided course
    Understanding the PPF
    06:23
  • Guided course
    PPF - Attainable and Efficient
    04:48

PPF - Increasing Marginal Opportunity Costs and Allocative Efficiency

  • Guided course
    Allocative Efficiency with Marginal Analysis
    08:42
  • Guided course
    Increasing Marginal Opportunity Costs
    04:38

PPF - The Price of the Trade

  • Guided course
    The Price of the Trade
    03:47

Sources of Comparative Advantage

  • Guided course
    Sources of Comparative Advantage
    06:08

Arguments Against International Trade

  • Guided course
    Arguments Against International Trade
    07:50

Tariffs on Imports

  • Guided course
    Tariffs on Imports
    14:35

Exporting and Importing

  • Guided course
    Low World Price:Import
    06:36
  • Guided course
    Autarky
    04:
  • Guided course
    High World Price:Export
    09:03