✅ Notions liées à la valeur : valeur ajoutée, valeur d’usage et valeur d’échange

Added value is the value that identifies the improvement made to a raw material or an intermediate consumption (semi-finished product). Use and exchange values ​​are more theoretical concepts. Use value is what makes each good unique through the utility it provides through its use. Exchange value is what makes each good convertible into another or several other products; this value can be expressed in the selling price of the good. General description of the channel: I am a professor of economics and management. On my channel, I take great pleasure in sharing my knowledge with you. I try to simplify concepts in the fields of economics, management, finance, law, etc. as much as possible. I group my courses into playlists to facilitate learning progression. I'm already ahead of the curve on general accounting, the lessons of which are grouped in a playlist and arranged in order to allow you to progress at your own pace and easily assimilate the accounting material. I would like to emphasize this progressive aspect in learning certain subjects, so I believe it's important to start these lessons from the beginning for a fruitful and successful learning experience. I will also gradually cover other subjects: Macroeconomics Topics: the AS-AD model; the IS-LM model; Keynes; economic cycle; aggregate demand and aggregate supply; economic growth; inflation; unemployment; full employment; economic recovery; ... Microeconomics Topics: the law of supply and demand; economic agents; profit maximization; the preference curve; utility maximization; pure and perfect competition; monopoly; oligopoly; ... Civil Law Topics: usufruct; servitude; obligations; civil and criminal liability; Type of liability; burden of proof; contract; ... Financial economics Topics: how banks work; types of money; money creation; interest calculation; loan repayment; capitalization; capital discounting; ... And other topics...