Pareto Efficiency & Theory of Second Best by Vidhi Kalra

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  • เผยแพร่เมื่อ 9 พ.ย. 2024

ความคิดเห็น • 145

  • @nakuldeovanshi9391
    @nakuldeovanshi9391 4 ปีที่แล้ว +27

    I think, no one could explain these two topics within 5 minutes. You have done a great job. Please keep your content concise and maintain the same quality. ❤️❤️🌹🌹🌻🌻

    • @5MinuteEconomics
      @5MinuteEconomics  4 ปีที่แล้ว +3

      Thank you so much for your kind words ☺️

  • @nitinvishwas1056
    @nitinvishwas1056 2 ปีที่แล้ว +7

    I didn't read a word about Pareto efficiency concept but now I understand everything and can write pages about it . Great teaching 👏

  • @bhamidimaharshi
    @bhamidimaharshi หลายเดือนก่อน

    for economics, doubts, i search, with in 5 minutes my doubts would gone...u are superb ....

  • @economics_hub.
    @economics_hub. 2 ปีที่แล้ว +2

    You are amazing ma'am. I have never encountered with such a simple explainer of economics. Lots of love and respect!

  • @prakharkurweti5881
    @prakharkurweti5881 2 ปีที่แล้ว +5

    You always help me to get pass in last 5 min. Thank you❤️

  • @ankushmishra3521
    @ankushmishra3521 3 ปีที่แล้ว +4

    Keep making such amazing videos, coz we might not get the "SECOND BEST" who can explain complicated concepts in a short and simple way.
    Thanks for this video 🥺

    • @5MinuteEconomics
      @5MinuteEconomics  3 ปีที่แล้ว +1

      Awww that is so sweet of you! Thank you so much 😊☺️

  • @khangembamkumar7274
    @khangembamkumar7274 ปีที่แล้ว

    Extremely Simplified and Well Explained, Thanks a lot, Ma'am 🙏

  • @absbi0000
    @absbi0000 ปีที่แล้ว

    Great explanation. Regarding not having access to Mousse, wouldn't it be that one may simply pivot to a Dark Chocolate Bar as all resources are at optimal usage (so making cookies for example would be outside of one's budget due to a significant amount of additional ingredients needed)?

  • @sauravaryal193
    @sauravaryal193 3 ปีที่แล้ว +1

    Satisfied with your explanation. Thanks for sharing your knowledge precisely.

  • @zakiullah6831
    @zakiullah6831 3 ปีที่แล้ว +1

    very thank ful to you Mam because I searched many videos but I got the concept from your video ....❤❤

  • @kanishkgandhi5850
    @kanishkgandhi5850 2 ปีที่แล้ว +1

    Ma'am your videos are an extravagant resource to have hands-on before exams and for self-study purposes as well. but not always a person might understand the subject through the visual picturization method of learning. So I wanted to know if you take offline or online tutelage.

  • @balageetha1921
    @balageetha1921 2 ปีที่แล้ว

    Clear explanation mam
    In which book theory of second best is there

  • @DanielRTSC
    @DanielRTSC 3 ปีที่แล้ว

    Great video. Hope you can make some videos about kinds of utility functions.

    • @5MinuteEconomics
      @5MinuteEconomics  3 ปีที่แล้ว +1

      Thanks a lot! Surely will in future 😊

  • @reaganmugalura8771
    @reaganmugalura8771 2 ปีที่แล้ว +1

    in a Nutshell Vidhi you're a GENIUS keep up the fantastic work ❤❤

  • @nithyasuresh2810
    @nithyasuresh2810 3 หลายเดือนก่อน

    I really want to thank you Ma'am this is really helpful ❤we need such teachers like you😭💗💗

  • @ayushindapure6903
    @ayushindapure6903 3 ปีที่แล้ว +1

    I clicked this video just for the smile on her face on thumbnail... Btw your teaching skills are very good thank you!
    I was searching for the same topic

  • @nigarsultana1009
    @nigarsultana1009 3 ปีที่แล้ว

    You are great ma'm. I can easily understand any critical topics through your classes.. Thank you.. Love from Bangladesh ❤️

    • @5MinuteEconomics
      @5MinuteEconomics  3 ปีที่แล้ว

      Thank you so much for your love and appreciation :)

  • @kodysmith2418
    @kodysmith2418 ปีที่แล้ว

    You’re the best econs teacher I’ve ever met! Still love your content! However, would you mind trying to give some examples when explaining some concepts?

  • @shortsy444
    @shortsy444 2 ปีที่แล้ว +1

    Thank you so much didi you have done a great job...hats off to your knowledge 😀

  • @CEarthling
    @CEarthling 4 ปีที่แล้ว +3

    Thankyou Ma'am....Subscribed Already.
    One Suggestion- Don't put 5 min limit on your videos as there will be many topics which need more time than that.
    Keep it up
    Economics we live it 😃👍

  • @vishubhatnagar13
    @vishubhatnagar13 2 ปีที่แล้ว +1

    You explained much better then my German Professor

  • @mirxea9956
    @mirxea9956 ปีที่แล้ว

    best five minutes i have ever used,love from kashmir maam

  • @aartinaik7766
    @aartinaik7766 ปีที่แล้ว

    Hey ma'am... Your teaching is very effective and good❤🎉
    Please could you tell me that.... There are no assumptions for this theory? Please reply ma'am

  • @economicsportal
    @economicsportal 2 ปีที่แล้ว

    Much clear explanation. Good work and keep it up.

  • @tobygonzalez4194
    @tobygonzalez4194 2 ปีที่แล้ว

    Hi! Thank you for explaining this concept clearly!
    is it always the case that domestic policy is better than trade policy?

  • @MarsDust-qf7gq
    @MarsDust-qf7gq 4 ปีที่แล้ว +1

    Could you please explain
    Lindahl Johansen Solution .
    And thanks for wonderful explanation .

    • @5MinuteEconomics
      @5MinuteEconomics  4 ปีที่แล้ว

      Surely will in future! And you’re welcome ☺️

  • @ECOMANIKANTONYVISHAL
    @ECOMANIKANTONYVISHAL ปีที่แล้ว +1

    Mam i need a video about perfect competition and pareto of demand

  • @bijaysahoo7486
    @bijaysahoo7486 4 ปีที่แล้ว +1

    Thank you mam for easily explaining them 👍🏻

  • @priyanshuanand3283
    @priyanshuanand3283 3 ปีที่แล้ว +1

    Thank youu so much Dii. You are just amazing ❤️

  • @upscaspirants6183
    @upscaspirants6183 2 ปีที่แล้ว

    Tq so much mam .... such a wonderful lecture

  • @KirtiGurung-pc7hb
    @KirtiGurung-pc7hb ปีที่แล้ว

    Yes this video Is very useful

  • @niranjanabhay
    @niranjanabhay 2 ปีที่แล้ว

    Ma'am, you are the best example of "Beauty with the Brains".😇

  • @anjulakshmi.a4860
    @anjulakshmi.a4860 2 ปีที่แล้ว +1

    Actually i was about to skip this theory. Thanks for making it so simple ❤️

  • @judenwachukwu1225
    @judenwachukwu1225 3 ปีที่แล้ว

    Thanks so much for this, I really appreciate you Vidhi

  • @atonubasu9119
    @atonubasu9119 3 ปีที่แล้ว

    It's fun...thanx for making it so simple🙏🏽

  • @r08anumawan8
    @r08anumawan8 2 ปีที่แล้ว +1

    MashaAllah❤
    Thank you 🙏💕

  • @Arkthapa
    @Arkthapa 7 หลายเดือนก่อน

    Mam made the topic more interesting 🥰

  • @chitradiwedi2358
    @chitradiwedi2358 4 ปีที่แล้ว

    Mam ur way of presentation is outstanding 👌

  • @mahadshah6457
    @mahadshah6457 3 ปีที่แล้ว

    ThankYou!! tomorrow is my test i couldnt understand this. You made it very easy 💖

    • @5MinuteEconomics
      @5MinuteEconomics  3 ปีที่แล้ว +1

      I’m glad I could help you! 😊☺️

  • @vibein7654
    @vibein7654 2 ปีที่แล้ว

    Is Pareto conditions are the same as pareto limitations?

  • @adityapratapsingh866
    @adityapratapsingh866 3 ปีที่แล้ว

    Mam please give a video on Critical Minimum Effort Theory by Lebanstine..plzz

  • @habibamimi6158
    @habibamimi6158 2 ปีที่แล้ว

    You are really great ma'am❤

  • @kritikakrishnakumar743
    @kritikakrishnakumar743 3 ปีที่แล้ว +1

    Mam how to solve this sum on pareto efficiency:
    The necessary condition for a given amount of public good to be Pareto efficient is that the sum of the marginal willingness to pay should be equal to the marginal cost. Suppose 10 people live on a street and each of them is willing to pay Rs 2 for each extra unit of streetlight, regardless of the number of streetlights provided. If the cost of providing x streetlights is C(x) = x ^ 2 , x > or = 0; the Pareto efficient number of streetlights is?(in integer)

  • @somyatripathi3358
    @somyatripathi3358 3 ปีที่แล้ว

    Plzz explain fundamental theorms....

  • @mohammadhossain2547
    @mohammadhossain2547 5 หลายเดือนก่อน

    Thank you so much mam🥰😇

  • @rishikachutani2508
    @rishikachutani2508 3 ปีที่แล้ว

    Excellent, excellent, excellent!😯👏🙌

  • @junaidrasool2832
    @junaidrasool2832 3 ปีที่แล้ว

    Is this enough for explaining descriptive type Q?

  • @reshmaramamurthy3365
    @reshmaramamurthy3365 6 หลายเดือนก่อน

    You are a legend mam🥰

  • @rishag5464
    @rishag5464 ปีที่แล้ว

    Hai akka amarathya Sen capability theorm video and Rawls theory of social justice video sis

  • @arunkumarpitchaimani9870
    @arunkumarpitchaimani9870 4 ปีที่แล้ว

    Thankyou, is thse theories are use to control the inflation?

  • @pulltheskymusicgroup4475
    @pulltheskymusicgroup4475 3 ปีที่แล้ว

    Teacher whom my heart lies

  • @tonypro5607
    @tonypro5607 3 ปีที่แล้ว

    The best explanation ever 👏👌🙌

    • @5MinuteEconomics
      @5MinuteEconomics  3 ปีที่แล้ว

      Thank you so much 😊

    • @tonypro5607
      @tonypro5607 3 ปีที่แล้ว

      @@5MinuteEconomics thanks for the reply. Now I know I'm gonna pass CA inter exam 📚💯😍🥰

    • @5MinuteEconomics
      @5MinuteEconomics  3 ปีที่แล้ว

      @@tonypro5607 Hahaha! Good luck 😊

  • @vanshikagupta2891
    @vanshikagupta2891 3 ปีที่แล้ว

    Hey! Thankyou!! Great to revise concepts for exams 🥺

  • @benslaouiyassine9979
    @benslaouiyassine9979 3 ปีที่แล้ว

    thank you , I passed my exam thanks to you

    • @5MinuteEconomics
      @5MinuteEconomics  3 ปีที่แล้ว

      I’m so happy to know that! Congratulations ❤️

  • @kumarankur4153
    @kumarankur4153 4 ปีที่แล้ว

    Awesome explanation
    Saw this thumbnail on insta....since that day I was waiting for this video 😂😂

  • @hadikhan4284
    @hadikhan4284 3 ปีที่แล้ว

    how does the pareto optimality or the second best theory result in excess import, they have no link

  • @Imviveksingh09
    @Imviveksingh09 3 ปีที่แล้ว

    Awesome analysis Vidhi

  • @rudreshab1981
    @rudreshab1981 3 ปีที่แล้ว

    Super...

  • @haarrnoor
    @haarrnoor 2 ปีที่แล้ว

    Thank you soooo much

  • @hrithikkumarsolanki9733
    @hrithikkumarsolanki9733 2 ปีที่แล้ว +1

    👏👏👏

  • @dinushanuwanbandaraekanayake
    @dinushanuwanbandaraekanayake 3 ปีที่แล้ว +1

    Good job❤

  • @zakiullah6831
    @zakiullah6831 3 ปีที่แล้ว

    Mam plz if possible make a video on "food stamp program"

  • @shubhammaheshwari1191
    @shubhammaheshwari1191 3 ปีที่แล้ว

    Please try to increase your volume while editing.

  • @amanbrya
    @amanbrya 3 ปีที่แล้ว

    Mam please make a video on Bowens model 🙏🏻🙏🏻

  • @abhisheksahu9956
    @abhisheksahu9956 3 ปีที่แล้ว

    mam please gunaar myrdal model pe video bana dijiye...

  • @ithe_atulsharma
    @ithe_atulsharma 3 ปีที่แล้ว

    Thanks so much for this:-)

  • @sarahvlogs-101
    @sarahvlogs-101 2 ปีที่แล้ว

    Thanks

  • @varalakshmim6708
    @varalakshmim6708 ปีที่แล้ว

    Mam
    That is worse off or warse off ???

  • @pankajbisen7367
    @pankajbisen7367 3 ปีที่แล้ว +2

    Maam i dont understand this but i watch full video for you u very beutiful

    • @Niteshmishraa
      @Niteshmishraa 3 ปีที่แล้ว

      U r planning to sell peanuts in the future

  • @natashanaik7932
    @natashanaik7932 2 ปีที่แล้ว

    Is it helpful for UGC NET economics?

  • @reetomghosh2611
    @reetomghosh2611 2 ปีที่แล้ว +1

    Actually, it would be much better if you could explain the very key parts in greater detail. We have all the time in the world to understand key topics, just not thr good teachers. Although the concise nature of the lessons are sure handy, doesn't mean it'll hurt to be a tad more detailed. Great video tho

    • @5MinuteEconomics
      @5MinuteEconomics  2 ปีที่แล้ว

      Well my concept is to cover in short and I try my best to do it with the best of my ability!

    • @5MinuteEconomics
      @5MinuteEconomics  2 ปีที่แล้ว

      Also, thank you 😊

  • @arfinrishu3977
    @arfinrishu3977 4 ปีที่แล้ว +1

    Nice

  • @DhimanBhuyan
    @DhimanBhuyan 9 หลายเดือนก่อน

    ❤❤❤

  • @Bishnoi739
    @Bishnoi739 7 หลายเดือนก่อน

    Good explanation But it could be more efficient.

  • @swapnamaysen8937
    @swapnamaysen8937 3 ปีที่แล้ว

    Mere academic crush ho tum😊😊😊

  • @yubarajkhadka3340
    @yubarajkhadka3340 ปีที่แล้ว

    ❤❤.

  • @lhamthupten7431
    @lhamthupten7431 2 ปีที่แล้ว

    CUTIE

  • @Arjunshengupta
    @Arjunshengupta 2 ปีที่แล้ว

    I love you

  • @Arjunshengupta
    @Arjunshengupta 2 ปีที่แล้ว

    Love love I love you 😎💘💘💘💝💝

  • @RJ7Multiverse
    @RJ7Multiverse 2 ปีที่แล้ว

    Maim now you not making new vedios why

  • @vikramvarma5037
    @vikramvarma5037 3 ปีที่แล้ว

    Example is unclear. Please explain

  • @mixfacts2023
    @mixfacts2023 4 หลายเดือนก่อน

    Video toh 6min ka hai💀

  • @MANISHSINGH-ns4cd
    @MANISHSINGH-ns4cd 2 ปีที่แล้ว

    Mam your insta I'd ?

    • @5MinuteEconomics
      @5MinuteEconomics  2 ปีที่แล้ว +1

      5_minute_economics :)

    • @MANISHSINGH-ns4cd
      @MANISHSINGH-ns4cd 2 ปีที่แล้ว

      @@5MinuteEconomics account is not showing tell someone else