This has helped me so much for my exams.Thank you so much ❤
@CraigoryD2 ай бұрын
I don't understand why C's answer is movement along the AD curve, I thought that when people perceive prices to be lower then they are more willing to spend money for g&s's, raising consumption
@justinjarvis56812 ай бұрын
Great question! I assume you're talking about 7:30 in the video. The key is that PRICES are changing. The change in P does in fact increase consumption. And we model this by moving down along the AD curve. Because of the way it is constructed, a change is price ALWAYS is modeled by a movement along the AD curve. Anything else that changes, except price, shifts the curve itself.
@taapastrivedi34902 ай бұрын
you've done an amazing job! have a macro paper on friday and this is just what i need
@justinjarvis56812 ай бұрын
nice. Good luck :)
@alisaiem59412 ай бұрын
Macro final tomorrow. Good Luck people!
@mangat5633 ай бұрын
thank you sir😊
@mertokeer3 ай бұрын
Appreciate your knowledge and your kind manner sir, Greetings from Turkey/Bogazici University
@justinjarvis56813 ай бұрын
Wonderful! Glad to help
@Ali-kh1rs4 ай бұрын
thx for this vid
@davidkpadehyea2694 ай бұрын
Awesome!
@c7-23-nguyenminhhiennhi75 ай бұрын
I had just discovered your channel and I had to say that you explained better than anyone in YT in such an awesome way of delivering information. Thank you so much for saving me.
@user-lv1jc6jc2y5 ай бұрын
Thanku🎉 Sir
@manny20935 ай бұрын
Thank you so much
@mangat5635 ай бұрын
THANK U SO MUCH SIR...............👍👍👍👍👍👍👍👍👍👍👍👍YOUR HARDWORK AND KNOWLEDGE DESERVES MORE VIEWS AND LIKES ON ALL YOUR VIDEOS🏆
@semoona6 ай бұрын
found a perfect account 2 before my finals that got the exact same slides I have to go thru man hats off to u...
@patiencedery3816 ай бұрын
Great video, learned a lot from it.
@huyvu49456 ай бұрын
wouldn't more reserves means decrease the money supply? Why at 20:15, it says the opposite?
@justinjarvis56816 ай бұрын
Great question. When I say "increase reserves", I do NOT mean that the bank pulls money out of circulation (from loans, deposits, etc.) to store it in reserves. That WOULD DECREASE the money supply. Instead, what I mean here is that the Fed is paying the banks for the bonds they just bought from the banks. They pay by inserting "printed" money into their reserve accounts. Thus, the banks feel richer, and then in turn make more loans, and increase the monetary supply.
@user-nv2qf8mw3u7 ай бұрын
Nice sir❤❤❤❤
@maimannchowdhuryratul16687 ай бұрын
thank you
@alisaiem59417 ай бұрын
hey lums student
@RizwanFaisal-hf9uj7 ай бұрын
Hello there lol 😂
@littlebrothermoneywithmich61787 ай бұрын
thank you. 🙂
@alasdairhalliday67927 ай бұрын
Thank you!! Fantastic teacher!!
@justinjarvis56817 ай бұрын
You're very welcome!
@alisaiem59418 ай бұрын
hi from sdsb
@leonkituyi39358 ай бұрын
This is like physics actually
@AdminAdminilka8 ай бұрын
👍
@ILoveWaffles38 ай бұрын
I love how you teaching and explaining the information, you are the great presenter I ever seen in KZbin! Your videos are helping me preparing for my econ quiz and tests.
@justinjarvis56818 ай бұрын
Awesome and good luck!!
@alisaiem59418 ай бұрын
hello from lums 😉
@keilyamaya76008 ай бұрын
Professor Jarvis, thank you so much for these videos you uploaded. They are extremely helpful to my learning and thanks to you, you helped me get a 90 on my midterm exam!! Which is my first ever highest score in an Econ class! Thank you so much once again!!
@justinjarvis56818 ай бұрын
Woot woot! Congrats. That is awesome :)
@joshuakoppes36658 ай бұрын
Ha throw a little twink lol
@lilywang50699 ай бұрын
macro exam is this friday i'm worried but this was helpful-omw to watch the rest😭
@justinjarvis56819 ай бұрын
Good luck! You can do it!!
@lilywang50699 ай бұрын
thank you!! these are super helpful@@justinjarvis5681
@lilywang50698 ай бұрын
I GOT A 96% ON MY MIDTERM!! Thank you so much!! @@justinjarvis5681
@tashfiqueumaer11019 ай бұрын
your videos helps me a lot with my studies... i noticed its an old video and no comments at all... I just wanted to tell you what you did 9 years back, it's helping me enormously. Keep up the good work and just know that you helped someone!
@justinjarvis56819 ай бұрын
Awesome! Thanks
@nehalyn5349Ай бұрын
Same here
@saeedahmed-ky9sj9 ай бұрын
I appreciate your efforts and your hard work I loved your teaching style absolutely amazing ❤🎉
I think the math looks ok at 9:46. What were your other two questions??
@bnbusiness3820 Жыл бұрын
Hi codes and data please.
@justinjarvis5681 Жыл бұрын
Hi! This doesn't make sense so me, so I won't be able to do it! Sorry about that.
@bnbusiness3820 Жыл бұрын
@@justinjarvis5681 not a problem, thanks for the awesome content and your efforts.
@Tommynyp33 Жыл бұрын
Thank you SO MUCH! I'm currently enrolled in an accelerated macro summer course and these later chapters are like navigating a maze. You make it so clear and interesting. Great teacher.
@justinjarvis5681 Жыл бұрын
Awesome! I'm glad to hear these are helpful. Good luck on your summer course!
@Tommynyp33 Жыл бұрын
@Justin Jarvis I thought you'd like to know I finished strong with an A-. I wouldn't have done this well if it weren't for your videos and your knack for teaching. Thanks again sir, hope you have an amazing Summer ☀️
@justinjarvis5681 Жыл бұрын
@@Tommynyp33 woot that's great. I hope you also learned to love some econ as well 😎
@user-hm3do7ck3d Жыл бұрын
I cannot find the full lecture of this video. someone please help I have my final tomorrow
@justinjarvis5681 Жыл бұрын
You know, I don't think I have it anymore. Sorry 😔
@user-hm3do7ck3d Жыл бұрын
you really slipped "Homelessness" in there quite a few times lmaoo
@raynieldionesayo1925 Жыл бұрын
it is fast, i can't understand it
@focus7865 Жыл бұрын
sir, Your explanation is very good, but I am an international student. Can you turn on subtitles for this video, it is very helpful for me to understand. think you very much!
@fadhilfp6 Жыл бұрын
Thanks a lot for your nice explanations. My question is, can we compare between 2 treatment groups, one group subjected to specific treatment and the second group subjected to another treatment instead if placebo or control as it is unethical to leave second group without treatment and we want to compare between the impacts of both treatments to know which one is better. Please need urgent answer. Thanks in advance
@justinjarvis5681 Жыл бұрын
You sure could compare between treatment 1 and treatment 2 (no control) in theory. The design will still have internal validity. However, the problem with this is that it will likely lack external validity. This means that you will be picking up the differences between treatment1 and treatment 2....you won't be picking up the effect of treatment 1 all by itself. Usually, in these sorts of situations, where it is unethical to not offer treatment, what is done is a staggered implementation approach. Apply the treatment in 2-3 waves, perhaps 1 year apart (depending on what the treatment is), and then use the later waves as control groups for the earlier waves. Make sure that subjects are assigned randomly to the waves, however.
@fadhilfp6 Жыл бұрын
@Justin Jarvis thanks a lot for your valuable answer. Regarding the external validity, I designed a pre- & post test for each treatment , starting from an equal point as both groups comparable at baseline and then allocating subjects to 2 different treatments and then bivaruate statistics taking in my consideration evaluation for pre- test and post-test for both groups and for each and comparing the difference (pre value - post value) between both groups to figurout the improvement difference. Is a pre-post- test for each group not enough to evaluate the effect of each treatment ? As the durability of study is time (4 months apart), limited
@justinjarvis5681 Жыл бұрын
@@fadhilfp6 Hello again. I might be misunderstanding your question. Since you were discussing the allocation of individuals to certain groups, I had assumed you were talking about an RCT-like design. Are you talking instead about a DinD design? The Differences in Differences technique is usually used when we CANNOT assign individuals to groups; that is, for some reason the data we have is generated by individuals who voluntarily signed up for the program. If we are able to assign, the RCT design will be cleaner, and as I said before, the later waves can be used as the control for the earlier waves. However, if you are thinking about a DinD design, with individuals assigned to two different treatment groups, this can be done (since you have pre and post data for each group). However, the alpha (coefficient of interest) you will calculate will not be the effectiveness of a treatment, rather it will be the (marginal) casual difference of treatment 1 as compared to treatment 2. This might yield useful data, depending on the context, but it will not yield information as to the effectiveness of treatment 1 (or treatment 2 for that matter) over the counterfactual. This is because there is no counterfactual generated.
@fadhilfp6 Жыл бұрын
@Justin Jarvis I am so thankful for your answer, Sir. I appreciated it.
@libbybumb7964 Жыл бұрын
thanks so much, you were great!
@sumayamohomed744 Жыл бұрын
Thank u best vidio sir
@lucia18478 Жыл бұрын
Thank you for this helpful video!
@telaravnikar9358 Жыл бұрын
Hello, how do I obtain monetary resources? Thanks!
@justinjarvis5681 Жыл бұрын
What do you mean by monetary resources? In which part?
@Zahra_Islam22 Жыл бұрын
Thank you ❤ so underrated channel
@Cain0023 Жыл бұрын
Really good stuff! The materials kind of hard but you explained it in a really good way haha
@alecrhim3376 Жыл бұрын
how am i possibly supposed to retain all of this info for an exam. thats honestly crazy