Shifting the Production Possibilities Curve - Macro Topic 1.2 (Micro Topic 1.3)

Описание к видео Shifting the Production Possibilities Curve - Macro Topic 1.2 (Micro Topic 1.3)

In this video I explain how the production possibilities curve shifts when there is a change in resources or a change in technology. Understanding the general concept will help you understand the idea of economic growth, but keep in mind that a real economy is not this simple or predictable. The PPC just introduces these ideas, the details come later.

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