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

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In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching. Please subscribe.

Part-1 What is Production Planning and Control (PPC)? Objectives & Importance of PPC-Urdu/Hindi

Following are the concepts discussed in this video:
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Production Planning Control (PPC) | Importance and Function of Production Planning Control |

Major Topic Covered:
1. Introduction to Production Planning Contro (PPC)
2. Importance of PPC
3. Critical Function of PPC
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How to draw a PPF or PPC

In this movie we go over how to draw a PPF (production possibilities frontier) given information on various points from a table. The trick here is to take all of the information from the table and plot it value for value on the graph. This will give you a PPF also sometimes called a PPC (production possibilities curve) that shows all different possible combinations of goods/services that are possible with the given inputs.

More information is available at: http://www.freeeconhelp.com/2011/06/how-to-draw-ppf-production-possibility.html where more information including a description and images are kept.

Shifting of PPC curve, rotation of PPC curve

Production possibility curve एक ऐसा curve है जो two goods की various possibility को show करता है, जिसे एक firm produce कर सकती है, जब वो अपने सभी resources and technology को fully utilise karti hai ,
लेकिन resources ki quantity increase करे या decrease या technology में change karne पर
Prodiction possibility curve shift करता है या rotate करता है।
Shift——– जब दोनो goods की technology or resources में change आता है तो PPC shift करता है।

Rotate,——-जब किसी एक good की technology or resources में change आता है तो PPC rotate करता है।

To understand this watch this video .
In this video you will also be able to understand what is effect of
Demonetization, make on india project, and clean india mission on PPC

Production possibility curvehttps://youtu.be/RGLCJskGaeA

Production possibility curve and opportunity cost

Points on production possibility curvehttps://youtu.be/YpTqmAp8tNQ

हमें इकोनॉमिक्स क्यों पढ़नी चाहिए/ economics padne के फायदे/ https://youtu.be/sudPOYl9xww

#2, Production possibility curve | Micro economics | Class 11 | Class 12

Introduction of PPC…
Assumptions and explanation…
Shift and rotation of PPC….
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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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