10 Principles of Economics (Gregory Mankiw) | From A Business Professor

[@MedinaYermekbayeva]

Thank you! Realy helpful video. Great explanation and examples

[@HRSiam-sk7up]

Love from Bangladesh

[@jakub.kubicek]

re Principle 6 - Markets are efficient until they're not

[@Sumit_Collab]

Meaning?

[@jakub.kubicek]

@@Sumit_Collab You can't take it for granted that market outcomes are always best and most efficient (making all parties best off.) The name for this is Pareto efficiency, and market failure in its absence.

[@ELconomics101]

💯🎯

[@HRSiam-sk7up]

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