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4.2 The Heckscher-Ohlin Model - Factor Prices

Пікірлер: 16

  • @christosmitrou2370
    @christosmitrou23706 жыл бұрын

    Please Upload video 4.3!! You are amazing at teaching, i understand everything that i was fighting to understand for weeks...

  • @loichameon8146
    @loichameon81465 жыл бұрын

    Thanks so much for these videos. The way you link the various bits of information together makes a huge difference in my understanding compared to only reading my manual!

  • @eugenie24
    @eugenie242 жыл бұрын

    This was veeeeeery helpful! Thanks!

  • @xixuechen7333
    @xixuechen73336 жыл бұрын

    Chen xixue(701138) I had more deep understanding of The H-O Model . Sir explained about Factor Prices. There is a positive relationship between the ratio of factor prices and the ratio of goods prices. If the price of labor intensive good rise, then the wage of workers will rise, and the real rental rate of capital fall. Very good explanation! Thanks.

  • @miscellaneousmisery5933
    @miscellaneousmisery59334 жыл бұрын

    Does and increase in the (w/r) ratio lead to a decrease in the (L/K) ratio or does a decrease in the (L/K) ratio lead to an increase in the (w/r) ratio?

  • @taraadvaney7808
    @taraadvaney78085 жыл бұрын

    this is so helpful. THANK YOU!

  • @sindyyfung
    @sindyyfung3 жыл бұрын

    really good video!! I have one question, isn't w=MPL*P?

  • @MrDeadlySamurai
    @MrDeadlySamurai5 жыл бұрын

    I don't quite understand the sequence of causality in the last diagram. How does an increase in the price ratio cause L/K to decrease? Or does the line of causality run differently?

  • @hakeemqureshi4941
    @hakeemqureshi49418 ай бұрын

    Thanks❤

  • @meronThegreat
    @meronThegreat5 жыл бұрын

    4.3 please, these help a lot!

  • @jamesdustin4041

    @jamesdustin4041

    3 жыл бұрын

    Pro tip : you can watch series at Kaldrostream. Me and my gf have been using it for watching loads of movies during the lockdown.

  • @zairejerry7310

    @zairejerry7310

    3 жыл бұрын

    @James Dustin yup, I've been using flixzone} for months myself :D

  • @veronicasalerno8034
    @veronicasalerno80346 жыл бұрын

    What about 4.3?

  • @lucascosta1603
    @lucascosta16035 жыл бұрын

    excelent video

  • @youwencui5793
    @youwencui57936 жыл бұрын

    CUIYOUWEN(701139)With the wonderful explanation of the professor, I have acknowledge of the H-O Model. First I`ve learned that H-O Model is a general equilibrium mathematical model of international trade. Second, I`ve learned that is "w" and "r" stand for wage rate and rental rate of capital, which helped me to understand the diagram better. Third, I`ve learned that what is the capital-intensive and labour-intensive. Also, know the relationship between the ratio of factor prices, and the ratio of goods prices. Last but not the least, I`ve learned three curve and know the change rule of H-O Model.

  • @uptownleaks2656
    @uptownleaks26564 ай бұрын

    your voice is down