normally i always watch explanatory videos in my native language. i came across this video by aciident and find it easy to understand despite the language barrier. maybe i will watch more english videos in the future if it is explained so simply. :)
Hello Iris, I don't know if you'll be able to see this, but the video seems pretty recent so I'll give it a try.. you use U = m / 2 sqrt (p1*p2) in order to find original utility. What's the original function for it in general? also, is it possible to use that formula in questions that are not Cobb-Douglas?
Hi. Franz, thank you so much for such a great and helpful videos in your TH-cam chanel. Can you please publish more videos about Vairans chapter. For example from chapter 19, simply about producer theory, and thanks a lot☺️
@@dhaneshamirpuri7059 No, sorry. Many professors assign graded homework and I don't want to compromise academic integrity. When in doubt, ask the professor for a hint. They will be happy to help! Best luck.
![(M4E8) [Microeconomics] Consumer Surplus: Compensating and Equivalence Variations](http://i.ytimg.com/vi/J9GtoDx_BPI/mqdefault.jpg)
This is the best description of the CV and EV concepts that I've seen so far on the web. Distinguishing the periods is the key. Thank you, Iris.
Thank you so much, you have no idea how much this is helping me. God bless you.👏
5 minute video better than my 2hour lecture in uni, thanks
normally i always watch explanatory videos in my native language. i came across this video by aciident and find it easy to understand despite the language barrier. maybe i will watch more english videos in the future if it is explained so simply. :)
She just explained in 5 minutes what my professor couldn’t in an hour long lecture 💀
Oh thank god, finally a decent explanation! Genuinely took me an hour to find one.
Glad I could help!
Your explanations are so effortless compared to my professor. Thank you so much!
Glad to help!
Thank you so much. You are a lifesaver... following you over two years
Your explanations are very easy to understand!
Thank you so much. This video helped a lot in understanding the concepts
Glad it was helpful!
Your videos always help in clarifying the concepts, thank you 🙏🏾🌻
Glad to help!
Thank you for your great work !!! It gives better intuition than my Professor in Korea! Keep up ma'am!
Glad to help. Happy learning!
Such a great explanation. Thanks a bunch
Glad it was helpful!
Thanks a lot ma'am... !! Awaiting for many such important concepts to hear from you..
Let me know which topics students find challenging. I’m now stuck with my children so it’s hard to make video clips!
Thank you! My question is, how would you calculate Consumer Surplus for this problem?
Thank you so much for this video, it really helpful
Glad to help!
very useful thank you!!👍😁
I love you. Thank you so much for this
You’re welcome!
You saved my life.
Happy learning!
How did you get the x1* and x2*?
Equate slope of indifference curve with the slope of the budget constraint then, put the value of X1 and X2 in budget constraint.
You might find this helpful
th-cam.com/video/gluXMeS-2RM/w-d-xo.html
Thank you so much, very helpful
You’re welcome! Please share with those who find economics challenging 🙂
Hello Iris, I don't know if you'll be able to see this, but the video seems pretty recent so I'll give it a try.. you use U = m / 2 sqrt (p1*p2) in order to find original utility. What's the original function for it in general? also, is it possible to use that formula in questions that are not Cobb-Douglas?
This is a specific example from Varian Chapter 14, so you cannot use this formula on just any utility function.
Hi. Franz, thank you so much for such a great and helpful videos in your TH-cam chanel. Can you please publish more videos about Vairans chapter. For example from chapter 19, simply about producer theory, and thanks a lot☺️
Will be on my to-do list.
awesome thank you ma'am!
You’re welcome!
Can you please make a video on chapter 31 exchange
Will be on my to do list. Not sure if it’ll be soon enough for your exam though.
can u be my tutor
I already am your online tutor. 😃 Not just your tutor, but a tutor for everyone who wants to learn economics!
@@IrisFranz yyay! Do you have any plans to do practice questinos like from Varian's optional textbook
(workout book)
@@dhaneshamirpuri7059 No, sorry. Many professors assign graded homework and I don't want to compromise academic integrity. When in doubt, ask the professor for a hint. They will be happy to help! Best luck.