Production Possibility Frontier (PPF) I A Level and IB Economics
Автор: tutor2u
Загружено: 2016-04-24
Просмотров: 172764
Описание:
This is a revision video for Year 1 microeconomics students covering many aspects of the production possibility frontier (PPF).
#aqaeconomics #ibeconomics #edexceleconomics
VIDEO CHAPTERS
0:00 Introduction
0:10 Production Possibility Frontier (PPF)
1:34 Understanding the PPF and Economic Efficiency
2:37 The PPF and Opportunity Cost
3:39 PPF, Diminishing Returns and Opportunity Cost
4:48 Drawing a Linear Production Possibility Frontier
6:52 Causes of Shifts in the Production Possibility Frontier
8:30 Can the Production Possibility Frontier shift inwards?
10:15 Resource Depreciation and Resource Depletion
11:54 Economic Recovery and the PPF Diagram
12:42 Economic Growth using PPF Diagrams
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