Mike Moore (GWU econ professor)
Mike Moore (GWU econ professor)
Econ help is a click away. Complete video resources for international economics and micro and macro theory: go.gwu.edu/econvideos
I'm a Professor of Economics and International Affairs at George Washington University's Elliott School and Department of Economics.
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10 years later, this video is still very helpful. It's such a shame the channel doesn't get the recognition it deserves.
Great explanation. Thank you, Sir.
Wait but isn’t slope y/x (rise over run?)
Still true. The slope here is MCx/MCy. But MCx is $/x and MCy is $/y. If you do the math the result is still y over x
Isn't BOP based on double entry bookkeeping then how does this still happen?
Thank you!
Forex prekyba gali būti sudėtinga ir sudėtinga, kai turite mažai žinių apie prekybą. Nepaisant to, su tinkama strategija ir nustatymais galite būti sėkmingi. Tai yra visas investavimo tikslas. Man sekasi, nes dirbu su šios srities ekspertu
Elgesys rinkoje gali būti sudėtingas ir nenuspėjamas. Nepamirškite, jei paprašysiu rekomenduoti šį konkretų mentorių, kuriam naudojotės jų paslaugomis? Noriu kreiptis į jį pagalbos.
jis yra mano mentorius ir aš su juo prekiavau jau kelis mėnesius ir, jei atvirai, prekyba su juo buvo geriausias sprendimas, kurį priėmiau žengdamas į Forex rinką. nesigailiu
🎉alen miller
Sveiki, esu naujokas, ką turėčiau daryti kaip pradedantysis? Kaip galiu investuoti, kurioje platformoje?
Galiu patvirtinti viską, ką pasakėte, man labai malonu matyti atsiliepimus apie Aleną, jis yra vienas geriausių prekybininkų, su kuriuo galima prekiauti. Jis yra patikimas ir licencijuotas brokerių įmonės organas
Also comment on your favorite parts and leave a timestamp
At last a good one about BoP, highlighting the core element almost every other one misses: double accounting. (The not-understanding of which usually leads to the mistaken consclusion that the BoP balances because, basically, "what cash comes in [trade] must eventually go out [bonds etc]) One is wondering though, why the BoP is *named* so very misleadingly - the name "balance of PAYMENTS" indeed sounds like single accounting - that of cash movements only, like in a firm's cash flow statement. When the accounting is double, and in fact records both the economic substance and the related cash movements of a transaction, it's actively misleading to call that balance of payments -- it should be balance of *transactions* or similar.
I was struggling to understand these concepts from the economics textbook. Thank you for your lecture, it helped me out.
Great explanation Dr. Moore
Thanks a lot, sir, for making and uploading the videos. Videos are really helpful. Thanks again.
Am an economist❤ And this is helpful
thank you for your help!!!❤❤❤❤
I'm from Ethiopia to thanks you
Very clear explanation
Hi Professor Moore! I am a student currently taking a macro economics course at UNC chapel Hill, just wanted to reach out and say I found your videos while searching for ISLMFE content, and you have been greatly helpful!
You’re a life saver
Finally I understand why AS is upward sloping. thank you very much sir
sensational
thank you! your videos are saving my semester
Thank you for creating these videos for us! I got lost at general equilibrium, I am trying to catch up, and you've been a great help. Thank you!
Professor Yan Ming Shu, If you see my comment I want to say that your lecture finally makes sense after I watched Professor Mike Moore's video
thank you sir
Helped me a lot!
❤
This video was very helpful!
Is arbitrage and parity same?
JANUARY
Ain't nobody playin this antichrist mess.
That is a good idea Mike for motivations. I saw half of your video, this is exactly what I am looking for. Living in third world countries where people does not have acces to civil rights such as labor or housing or absolute povertry , than is better that you invest outside insted to lose time in a country where povertry is the main language.
I've seen many videos on this topic. This explanation is the best one.
You are the best ever
Great Material !
Audio too low. Bring mic up higher
Tysm, your explanations are so clear.
Great video. This is very insightful. Thanks!
Thanks Dr. Mike!
The video is excellent. I'm not an economist; I'm simply learning out of passion. In my view, the graph is not accurately represented. When you have a straight line illustrating the relationship between two variables, there can only be one slope for that line, meaning one exchange rate at all points within that line. I believe the point raised is valid, but the graph is incorrect.
This seemingly simple video is a gem. Normally they don’t teach this intermediate step, so it can be very confusing how to interpret relative prices. Even though they teach you it is in terms of goods, it can be still confusing why it is for every x, not for every y. Thank you professor!
One of the best videos to understand the floating fixed money exchage. A very info high value class. Thank you so much Professor.
Thank you for the help Mike!
Small
Thanks so much. I am a high school teacher in Australia that has been tasked with teaching Economics from halfway through the year......starting with trade economics and BOP. I have taught accounting in the past so your explanation of debits and credits really help me understand the total BOP. Thanks again.
Great video, I'd like to point out something that helped me. A credit is an increase in liabilities OR a decrease in assets. Just putting that OR helped me realise it's not both things simultaneously.
Thank you for the video. I have a question, why would an export subsidy affect world demand? Small countries are price takers so the world price shouldn't change. I understand that the producer would WANT to produce more at the higher price, but then if the world demand stays constant (why would they change) then the producers would have nowhere to export the extra products. So given those assumptions, producer surplus gain would be (Q2-Q1)*(S). I understand that this is wrong but I'm not sure why. The only reason I can think of is that somehow the export subsidy can affect world price or world demand. Thank you for your help!
All of these effects are inside the small country---the world price doesn't change but the amount that a domestic exporter would receive would be whatever foreigners pay (the unchanged world price) plus the check from the domestic government.
we love you from egypt 😍😍
eh da ya8ali
Sir 👌🫡❤
Thanks a lot sir
Is Empanelment in accordance with literrary qualifications or practical experience in global trade. Firms and not individuals represent multinationals hence experience of Individuals rep the firm ought to be considered.
Great video, thanks!