8 Comments

  1. First Last

    Economics major here. This was a great video. I am currently taking Environ. Econ. and this helped me polish my understandings on the discipline. Great video!

    Reply
  2. Abhishek Pattanaik

    Hi FinanceKid,

    This playlist has been particularly very helpful to me. I am a newbie into the field of economics and I am doing my master's in Environmental Studies and Resource Management.
    I am sure lot of us would have certainly referred to your videos but in some way haven't shown their gratitude.
    By far, this subject is my favorite and I am doing an advanced course in my next semester.
    Thanks a lot for these videos. I would certainly like to befriend you and share a lot more about economics and other topics.

    You did a great work.

    Reply
  3. Robert Turley

    Several problems,

    1st) 36:42 if two people visit Niagara falls, one who is willing to pay $2 and one who is willing to pay $10, making an "average price" of $5 solves nothing, you still only have one person willing to pay the price. dropping the price to anything more than $2 does nothing to create equilibrium between these two consumers

    2nd) assuming the price is low enough that they will both pay to visit ($2) or free and that the cost of that good/service is more than that, they will both be considered to be free riders, regardless of whether one is willing to pay the full value or not.

    3rd) 46:00 COASE theorem!!!!, not coarse. THere is no R! Named after Ronald H. Coase.

    4th) 1:40 your slide was right, but you said that energy from the sun captures green house gases, it's the other way around, green house gases capture energy from the sun

    Reply

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