(M8E4) [Microeconomics] Pareto Efficiency (Optimality)

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In this episode I describe one of the most celebrated concepts in economics "Pareto Efficiency" (or Pareto optimality) in the context of pure exchange economy, and discuss this concept with some numerical examples.
It's crucial to watch lecture videos in the proper order to ensure effective learning. This is because the concepts in each video build upon those introduced in previous videos. To help you with this, I recommend visiting my website, www.selcukozyurt.com, for a recommended course outline.

Опубликовано:

7 авг 2024

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Комментарии : 20

@khalilullahdelawar8650 Год назад

To be honest, he deserve the best award of teaching. He insert the concept in to your mind. He is mind-blowing and outstanding who ever i saw. Now realized that most of the professors, really doesnt know the main concept that is why they teach very bad. Stay blessed Professor.

@Stardoll0tutorials 3 года назад

By far the best economics channel on youtube !! you have helped me tremendousuly soooo much with understanding the copcepts 1! my proffessor coulddd neveerrr!

@nicolaspaes 2 года назад

While there are tons of good Economics books available online, your lectures are unique. I would have dropped out of my course without your videos. Keep on posting please ! All the best.

@ameerah4919 3 года назад

Big thanks for the best professor ever! you really helped to to grasp the idea it was so difficult to understand it from the text book.Looking forwards to more youtube videos. Thank you again and again

@user-nz5gl6og3c 3 месяца назад

thank you professor you saved my life

@rupanjalidas2055 3 года назад

Thank you very much for these vedios . These are indeed very helpful. Great explanation! Thanks again ❤️🙏

@jayatigupta7077 Год назад

Hi York! I read and re-read this portion of general equilibrium from books and sources but I could hardly make sense of it at times. But this method of teaching and lecture delivery was very "efficient" I would say :D Thanks alot for this beautiful lecture series. This is gonna be my best lecture of Economics in the tenure of 3 years that I have studied it.