Search for tag: "production possibility curve"

Fair or Unfair: Intragenerational and Intergenerational

This chapter talks about distribution of benefits of production by using a similar kind of diagram to the production possibility frontier that talks about the allocation of the production between…

From  SDG Academy 5 plays

Production Possibility Frontier

This chapter continues the discussion of market economies by introducing the concept of the production possibility frontier. This video is licensed under the CC BY-NC-SA license.

From  SDG Academy 8 plays

Globalization of Population Systems

In this chapter, Professor Sachs considers that globalization involves global production systems, in which many countries are engaged in the production of a final product (such as the case of…

From  SDG Academy 21 plays

The Full-Employment Economy

The “trick” of macroeconomics is to get economy-wide measures that are meaningful and that tell how much production is taking place, what workers are earning, how many people are…

From  SDG Academy 18 plays