Slutsky Equation: The Derivation

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  • เผยแพร่เมื่อ 24 ก.ย. 2024
  • How to derive the Slutsky equation. Channel donations are much appreciated:www.paypal.com...

ความคิดเห็น • 36

  • @chotucoffewala9482
    @chotucoffewala9482 4 ปีที่แล้ว +7

    one of the most complex concepts of consumer behavior.. finally understood after 2yrs.. a big big thanks

  • @personalibre453
    @personalibre453 3 ปีที่แล้ว +5

    Amazing video!! I couldn't find a better explanation on the internet, very easy-to-follow.
    Thanks a lot for your work!!!!

  • @zXHerpaDerpXz
    @zXHerpaDerpXz 3 ปีที่แล้ว +10

    good fucking luck to anyone who needs to learn this

  • @tevfikcankerimler2021
    @tevfikcankerimler2021 2 ปีที่แล้ว +2

    GOD!!!! THANKS SO MUCH. I HAVE MICRO MIDTERM 10 HRS LATER AND NOW ITS 3AM

  • @maggiewu9946
    @maggiewu9946 2 ปีที่แล้ว +2

    This is really clear and concise !! Thank you!

  • @wanjadouglas3058
    @wanjadouglas3058 ปีที่แล้ว +2

    amazing work. You made it look easy. In Kenya we say, Barikiwa sana(Be blessed a lot)

  • @abheepsamishra2223
    @abheepsamishra2223 4 ปีที่แล้ว +2

    Thank u so much Sir.. The Explanation Is Easiest And Understandable. ❤❤🙏🙏🤩🤩

  • @economicsisfun3204
    @economicsisfun3204 3 ปีที่แล้ว +2

    There is some confusion regarding enevelope theorem. I couldn't get it. How the the partial derivative came out to be x only?

  • @FreddieGeraghty-w4d
    @FreddieGeraghty-w4d 9 หลายเดือนก่อน +1

    taught it better than uni lecturers

  • @nickandres7836
    @nickandres7836 4 ปีที่แล้ว +2

    Thank you Sir. I think it should X^c after the envelop theorem of the expenditure function instead of x. I am not sure whether it is correct.

  • @regularguy2424
    @regularguy2424 4 หลายเดือนก่อน

    Awesome! Very clear explanation!

  • @RobiulIslam-hk8ge
    @RobiulIslam-hk8ge 2 ปีที่แล้ว +1

    How you teach with this low voice?

  • @RTknowledge-g1l
    @RTknowledge-g1l 8 หลายเดือนก่อน

    Thank you for this easy explanation.🙏

  • @vibhuvikramaditya4576
    @vibhuvikramaditya4576 4 ปีที่แล้ว +1

    Dude you are amazing,

  • @mapitabananita
    @mapitabananita 2 ปีที่แล้ว

    Absolutely incredible video! Thak you so much!

  • @mohammadzaid4100
    @mohammadzaid4100 4 ปีที่แล้ว +3

    SIR WHY "TOTAL EFFECT OF PRICE CHANGE=SUBSITUTION -INCOME"
    RATHER THAN ADDING THOSE TWO

    • @mohammadzaid4100
      @mohammadzaid4100 4 ปีที่แล้ว

      ?????

    • @vibhuvikramaditya4576
      @vibhuvikramaditya4576 4 ปีที่แล้ว +1

      @@mohammadzaid4100 because we looking to isolate the changes in demand for good x, while holding income effect constant,

    • @vibhuvikramaditya4576
      @vibhuvikramaditya4576 4 ปีที่แล้ว +1

      only cosidering substituation effect due to price change

    • @jezzy3472
      @jezzy3472 4 ปีที่แล้ว

      @@vibhuvikramaditya4576 But then if income effect is constant then it should be zero.. why subtract?

    • @vibhuvikramaditya4576
      @vibhuvikramaditya4576 4 ปีที่แล้ว +2

      @@jezzy3472 the income effect is not constant, The total change in demand is equal to price plus income effect, but since substitution effect's sign is negative, as demand is negatively related to demand, negative of substituting plus positive sign of income effect, (since marshalian demand's are non decreasing in increasing income), now inorder to isolate the total change due to substitution effect we substract , It will be clear if you consider some examples online or from any book

  • @HenOnStep
    @HenOnStep 5 ปีที่แล้ว +1

    I understand how you got 'X' by partially differentiating E. But is it just X, or its the Marshallian demand

    • @EconomicsinManyLessons
      @EconomicsinManyLessons  4 ปีที่แล้ว +1

      X is the ordinary or Marshallian demand.

    • @riiajais1833
      @riiajais1833 2 ปีที่แล้ว +1

      @@EconomicsinManyLessons sir, I have a doubt.... Derivative of expenditure with respect to price is equal to hiksian demand function. Than how X could be ordinary or Marshallian demand function? Please reply

    • @economicssolution1923
      @economicssolution1923 5 หลายเดือนก่อน

      ​@@riiajais1833right

  • @forwhat169
    @forwhat169 3 ปีที่แล้ว +1

    thank you very much sir

  • @kr.happymishra
    @kr.happymishra 3 ปีที่แล้ว

    Thanks a lot. This video is very useful for me.

  • @okolaedwin677
    @okolaedwin677 9 หลายเดือนก่อน

    Amazing!!

  • @riiajais1833
    @riiajais1833 2 ปีที่แล้ว

    Thank you very much Sir.

  • @gokhanharmanci7873
    @gokhanharmanci7873 3 ปีที่แล้ว +1

    thanks

  • @binduc1925
    @binduc1925 2 ปีที่แล้ว

    Thank u so much sir❤

  • @mozdemir5802
    @mozdemir5802 4 ปีที่แล้ว +4

    pls dont chew gum while explaining sth bcos I couldnt focus to the video