October 2024. who's still benefitting from this awesome lecture?
@rose-ni1tp4 жыл бұрын
dal all of your vids are brilliant but this is the one that saved my life!! i watched it literally the day before my IB paper 1 exam and a question about inflation came up. if i hadn't seen this video i would've had no idea how to do it. results came out a few days ago and i got a 7 in economics!!! i owe it all to you man! i won't be doing any more econ for the rest of my life but i hope you keep your quality videos up :))))
@brilliantfane97068 жыл бұрын
I should have known about this channel a long time back now I am 4 days away from my economics paper...this is really efficient
@gracepenney43579 жыл бұрын
These videos have honestly saved my life for A2 economics. Thank you so much!
@sebastiancunningham-bell87034 жыл бұрын
my man just did my 30 marker essay
@whatabadman65223 жыл бұрын
it's a 25 mark lol #getitright
@AfricanGotPace3 жыл бұрын
@@whatabadman6522 its 30 marker for edexcel #shutyourmouth
@FantasticGreek3 жыл бұрын
@@AfricanGotPace lmao
@Danzii2 жыл бұрын
@@AfricanGotPace lol
@ticloo3936 Жыл бұрын
@@whatabadman6522 Maybe them man do another exam board.
@anoymousa11145 жыл бұрын
the menu cost isn't something i came across so far, this is a beautiful piece to use for your evaluation to make your answer seem well thought through.
@jamesbradshaw89986 жыл бұрын
Got my second AS mock @ 9 THANK YOU SO MUCH THESE VIDEOS HAVE SAVED MY GRADES AND HELPED ME SO MUCH
@laurenceainsworth35405 жыл бұрын
Damn, so this is what you looked like before the infamous 'Dal-Fade'
@gurvinderpanesar80715 жыл бұрын
laurence ainsworth day before the exam binge squad
@EternalShadow16673 жыл бұрын
@Vihaan Kamdyn wtf why would you even want to hack someone’s instagram? Seems like a lot of effort for little benefit.....
@leonardowilhelmdicaprio9993 жыл бұрын
@@EternalShadow1667 It's a spambot.
@johnholme783 Жыл бұрын
In-depth lecture on inflation, excellent economics resource!
@minecraftvader58568 жыл бұрын
"it can make them feel happy" =,)
@TrangNguyen-ge8vm9 жыл бұрын
Thanks for a very helpful video! Can you make more vids on evaluation techniques for as macro pls?
@vishaljain49158 жыл бұрын
next 2 years should be easy now, thanks
@JK-vm7yo2 жыл бұрын
How was those 2 years?
@vishaljain49152 жыл бұрын
@@JK-vm7yo Ended up being 1 year since I dropped econ at AS but got an A!
@clarefoster54638 жыл бұрын
Thank you for these -very useful!
@anasnaeem999 жыл бұрын
I rely so much on your videos. Could you please cover International trade as well. Thank you.
@SeanBabyOilCombs5 жыл бұрын
Could you also say that as a cost; the fact that the inflation increase and prices go up means less can be bought with your savings and so that's a cost?
@isaafridi71465 жыл бұрын
@@SeanBabyOilCombs yes, inflation reduces purchasing power of money which is considered a drawback
@summertime4733 жыл бұрын
Thank you so much sir! You saved my as macro paper2!!
@patrick78077 жыл бұрын
So helpful!! feel prepared for my first internal AS macro test tomorrow!! Thanks
@basmayaghi20379 жыл бұрын
Videos are very useful! Can you do a video on how to score analysis and evaluation marks in general please?
@AlexA-zu3tr4 жыл бұрын
Glad I found this channel!
@KazMaw19 жыл бұрын
Quick question: Do you think deflation will actually increase consumption or decrease consumption? On one hand, consumers will wait to purchase later but then if they have been importing forever and that good is cheaper domestically, they will purchase it domestically and this will increase consumption. Or am I wrong?
@TY-sx3jb2 жыл бұрын
7 years late but I’d argue it depends on the product itself. If it is price inelastic as it is a necessity then it is, of course, unlikely for consumption to change
@cbond66253 жыл бұрын
this man is amazing
@priyaappa92573 жыл бұрын
Vry helpful
@Scrambledeggs47 жыл бұрын
That was really helpful, Thank you
@lightningzeus17 жыл бұрын
Thanks of these videos they are really helping me in my A level economics course. Could to recommend any books that would be helpful to read, specially ones that can help with revision?
@AlejandroGonzalez-wo5fk3 жыл бұрын
5:52 This makes me think that the fed is on China's side since it promotes the fact that we import so much from China. I subbed btw ty
@harryhaley95915 жыл бұрын
GREAT VIDEO! 👍👍👍
@peterherbert84449 жыл бұрын
If you have any more Videos for IB pls put them on as the IB Economics Exams are on Monday and Tuesday
@jk-qm7lh3 жыл бұрын
Thank you King for this video
@lawrencerashid39919 жыл бұрын
Really Helpful! How many more videos do you expect to have for A2/ IB Macroeconomics? Thanks.
@EconplusDal9 жыл бұрын
lawrence rashid Still lots more coming
@7ee3682 жыл бұрын
Thanks so much for all the videos. You are amazing
@ryanhcy33173 жыл бұрын
Can fiscal drag really be a considered an overall cast despite it acting as a automatic stabilizer / non-discretionary deflationary fiscal policy?
@starguy3216 жыл бұрын
Surely you'll always be better off getting a raise as you only pay tax on the money in that band? So if the tax bands began at £10,000 at 10%, then surely even if you got a pay rise of 1% from £9,950 to £10,049.50 then you'd be better off as you're only taxed on that £49.50?
@davehoe30009 жыл бұрын
Since inflation affects different people differently, some beneficially and some adversely, does this not make any government-directed or government-sanctioned inflation a political issue rather than an economic issue?
@maximborgeaud62203 жыл бұрын
Thanks for the vid Dal !!
@emicat70456 жыл бұрын
Thx a lot!! I always like your videos, you explain things really well.
@peaceman97amd972 жыл бұрын
How is it reduced international competitiveness??? Shouldn’t be reduced National competitiveness instead?
@rohan_dhami2 жыл бұрын
It reduces the competitiveness of exports, since price rises mean the cost of foreign countries buying UK goods is more expensive.
@SeanBabyOilCombs5 жыл бұрын
Can fiscal drag work? Income works in tax bands. For example, 11000 being adjusted to inflation means 3% (inflation rate) is added..so that's £330 ontop of your income. If that pushes you onto a tax band of 90% you're still making money because 90% is only taxed on that £330, Not the entire 11000.. The only way it can work out is it if the taxation rate is more then 100%, then you lose out.
@maxcullen41205 жыл бұрын
The difference is that the £11000 you earned is the equivalent value of £10670 the year before following 3% inflation. Say there was a 10700 tax band at which point all income past this point was taxed at 20% - you would keep 80% of the increased wage that exceeded 10700. £300*0.80 = £240 but before your £10670 in real terms was being taxed at a lower tax band (say 10%) and therefore you kept more of your income in real (not nominal) terms. 10670 taxed at 10% leaves you £9603 11000 taxed at 10% up to 1700 and then 20% on all income exceeding this leaves ((10700 * 0.90) + (300 * 0.80)) = £9870 9603 adjusted for inflation (3%) is 9891, not 9870. Therefore your income has fallen in real terms.
@TY-sx3jb2 жыл бұрын
@@maxcullen4120 Yeah, real income instead of nominal income
@austinwachira51852 жыл бұрын
Cheers!
@alirezarazavi64183 жыл бұрын
U helped me sm, thank u sm
@pablovillasante75567 жыл бұрын
Great explanation mate ! Que dios te bendiga
@Sid-vq5hl4 жыл бұрын
Someone please help me out with what exactly is anticipated inflation
@joshuagrifiiths92284 жыл бұрын
Workers think inflations gonna happen, so they go to their bosses and say I want my real wage to stay the same, to do this the nominal wage has to go up to adjust for the predicted inflation. If businesses now have to pay their workers more across the whole economy every businesses costs of production go up. If you shift SRAS inwards you will see that the price level increases. This means that the act of people speculating inflation made it a reality. It’s a self fulfilling prophecy. This is cost push By the same token if consumers think that in the future inflation will happen this will cause their purchasing power (how far their money will go) to decrease. If you think you will have less money in the long run you will buy in the short run to maximise utility. Excessive consumption shifts AD, this causes demand pull inflation.
@Sid-vq5hl4 жыл бұрын
@@joshuagrifiiths9228 thx
@elijahpowers69877 жыл бұрын
Thank you very much!
@zainyamin99733 жыл бұрын
Thank you!
@muhammad-zaynkalyan60515 жыл бұрын
Can u explain how stable consumption makes consumers not hold back pls thank you love the vids
@TY-sx3jb2 жыл бұрын
The stable consumption is a result of the healthy amounts of inflation - inflation can increase consumer confidence as economic growth occurs
@JK-vm7yo2 жыл бұрын
How does inflation link to a recession I thought that was deflation??
@TY-sx3jb2 жыл бұрын
High inflation can suggest that changes in bank rates may be necessary and that a recession could occur, i.e. altering the interest rates (as we have seen this year). In turn, these deflation strategies can slow economic growth and rise the cost of living via more expensive mortgages and loans. Therefore, customer confidence and spending in the economy could decrease, leading to a negative multiplier effect that further pronounces these economic contractions as people spend less and save more (a cash leakage in the circular flow of income).
@Mrbesano9 жыл бұрын
Well, indeed this was extremely helpful, however, IB econ is in 4 and 5 days.... some 15-20mins recap videos would be awesome, or some tips for the exam or something :/
@fengdo_105 жыл бұрын
indian maestro
@vincentwong90639 жыл бұрын
Thanks
@shelleygreyrealtor6 жыл бұрын
High inflation in the US 2018???
@KazMaw19 жыл бұрын
Could you put these latest videos in a playlist please?
@LukeRogers997 жыл бұрын
Wenger out.
@acbeats76434 жыл бұрын
Now what do u think?
@freddyplatinus51134 жыл бұрын
Arsenal’s a joke now
@zk_0114 жыл бұрын
Nah they won the FA Cup recently, I think arteta ball is well and truly alive
@freddyplatinus51134 жыл бұрын
•_• yeah that was my comment 2 months ago lol
@alanandrew31404 жыл бұрын
@@zk_011 this didn’t age well
@charliefletch20025 жыл бұрын
Hi everyone 😉
@finlaymackay62075 жыл бұрын
I love you king
@jimlite85689 жыл бұрын
good good good
@aasbatman108 жыл бұрын
Very good 😉
@radhika58027 жыл бұрын
Only a strong and stable May govt can maintain low and stable inflation! Vote now!
@willk30149 жыл бұрын
***** Are you sure about inflation leading to reduced international competitiveness? Inflation leads to a depreciation of the domestic currency which makes domestic goods relatively cheaper on the international market.
@EconplusDal9 жыл бұрын
Will Kinsella That effect (if it happens) will come later. The depreciation you have mentioned comes as a result of inflation eroding competitiveness and therefore there being a lack of demand for exports. The lost of int. competitiveness comes first, it is a killer for countries when it happens