YoVDO

Thinking Like an Economist: Interdependence and Gains from Trade - Part 1

Offered By: NPTEL-NOC IITM via YouTube

Tags

Economics Courses Microeconomics Courses Market Dynamics Courses Economic Theory Courses Economic Models Courses

Course Description

Overview

Save Big on Coursera Plus. 7,000+ courses at $160 off. Limited Time Only!
Explore the fundamental concepts of economics in this 33-minute video lecture from NPTEL-NOC IITM. Discover how the circular flow diagram illustrates the movement of money between households and firms through markets. Learn about the production possibility frontier and its role in demonstrating various combinations of goods an economy can produce with available resources. Gain insights into the working of an economy through these essential economic models used to study and analyze economic issues.

Syllabus

Thinking like an Economist; Interdependence and the gains from Trade Part -1


Taught by

NPTEL-NOC IITM

Related Courses

Microeconomics Principles
University of Illinois at Urbana-Champaign via Coursera Microeconomics for Managers
University of California, Irvine via Coursera Microeconomics: The Power of Markets
University of Pennsylvania via Coursera Consumer Behavior in Microeconomics
Independent The Power of Microeconomics: Economic Principles in the Real World
University of California, Irvine via Coursera