Comparative Advantage and Gains From Trade - The Size of a Trade

This video goes through a common issue that students have when thinking about gains from trade- it's not only the "price" of a trade that matters, it's the size of the trade too! Here, I implement a couple of trades of different sizes to show how some are mutually beneficial and others not, even though they all take place at the same "price."

By Jodi Beggs - Economists Do It With Models

[cedarsable]

I graduated 2014 and i used to watch your videos around 2010 I wouldn't have done without your content. I just want to thank you

[williamwrench]

Jodiecongirl, Thank you for the time you put in making these for us. When will you be able to get your site back up? You are a great teacher and I would love to continue learning from you. Thanks

[juhi]

Thankyou so much for your videos. They always help us, making difficult concepts easy to understand.

[FlamingBasketballClub]

Hi jodiecongirl,

It's been 10 months since your last video was uploaded (November 16, 2016). It was related to the Behavioral Economics series that you were working on. Are you still working on the Behavioral Economics series that you started two years ago (back in September 2015)? I would like to know what's going on with that series and the state of this YouTube channel.

[nikim.]

How can we decide the number of guns and butter that is to be traded? Or just guessing the numbers… for example the first one was Not mutually benefitial but how can we know for sure without doing the calculations

[holycrapchris]

brb, I've got some toast on the receiving end of the butter

[ryoigho]

Thank you so much Miss!! i finally got this very hard topic

[aoisora]

What kind of factors define the value of trade? Is that because of demands (the number of people who want to use the product) ?

[thamrakassim]

This is helping me in my Global Political Economy essay. Thank you.

[ashikurlimon]

How we will find that they will trade 5 guns with 15 butter.

[riverfoxer]

as an American, I am offended by the fact that Canada can make the same amount of guns as us

[-Bloomingtales]

This seems wayyyy too overcomplicated. I'm even more confused than I was before. I hate macroeconomics I really do... but I need this class to get a degree and the only reason I want a degree is to possibly make more money and even that isn't guaranteed so this seems like a complete waste of my time. I really hate it here lol :)