Value Theory

Take the full course: https://bit.ly/SiCourse
Download booklet: https://bit.ly/SiBooklets

Twitter: http://bit.ly/2JuNmXX
LinkedIn: http://bit.ly/2YCP2U6
Value theory within economics represents all theories that try to define what economic value is, where it comes from, why goods and services are priced the way they are and how to calculate some form of objective price, if such a thing exists. In this video we will be looking at the two major paradigms to the theory of economic value, the standard extrinsic paradigm based around the idea of utility and the alternative nonlinear paradigm of intrinsic value.

Видео Value Theory канала Systems Innovation