IB Economics Revision Session: Microeconomics [HL/SL]

Recording of the revision session held for r/ibo discord server, May 2019 exams.
Theory of the firm was not covered.
Website: www.aceitnotes.com/economics
Discord Channel: discordapp.com/invite/ibo

[@raphaelmartin8647]

2022 and still a life savior much love

[@zaidodeh915]

fr I am watching this to revise for my final

[@Francesco-nu4yp]

@@zaidodeh915 same bro good luck

[@neburnator4852]

2024 now and its still as much of a life savior as back then

[@problemzbeatsz1515]

bro has done what ive been doing since september circa 40 lessons x 1hr (40 hrs ) in 40m

[@shereenbatra3317]

OH MY GOD I LITERALLY LOVE YOU THANK YOU SO MUCH FOR SAVING MY LIFE!!

[@hemendunandan-oe6mu]

00:06 Economics foundation is scarcity-driven 04:57 IB Economics takes a stance of a mixed market economy 10:18 Supply and equilibrium in the market 13:02 Understanding Price Elasticity of Demand 18:47 Cross Price Elasticity of Demand (XED) measures the responsiveness of quantity demanded to a change in the price of another good. 21:19 Price elasticity of supply measures responsiveness of supply to price change. 26:26 Analysis of stakeholders in taxation and subsidies 28:55 Government intervention through price controls and subsidies affect producers and consumers 34:48 Government intervention can address market inefficiencies through taxation or subsidies. 37:37 Government intervention in market equilibrium Crafted by Merlin AI.

[@devanggupta9007]

this chad plays aaa fps games and teaches me economics. no better way to put it.

[@sophiacho5149]

bless u for uploading the revision session on yourube

[@janradzki7268]

Thank You, great video!

[@jedmaegraith417]

Thanks so much. Helps heaps

[@anirudhnambiar6697]

Starts at 13:36 for those wondering

[@ML-ek5ur]

Anirudh Nambiar thank you 🙏

[@mrchocolate6030]

Thank you so much!

[@raphaelllo4730]

W vid

[@jyotiradityavaghela9153]

it would be better If u can Make it a video and reply to it's comments better quality and better output higher positive externality

[@thenoobgam3r190]

MSB greater than MPB pog

[@emilyenglund7936]

where is the theory of the firm video/ international econ? im a bit stoopid i cant locate it

[@shereenbatra3317]

why are there 2 slides for non-price determinants of supply? 11:12 and 22:05?

[@colin4833]

That’s determinant for PES to find out it’s whether inelastic/elastic

[@bewu1347]

thanks a lot man

[@YummyGrape24]

Legend💪

[@user-jt5mm8to3j]

What's up Vova!

[@devanggupta9007]

and no @saad ihsan a perfectly competitive market would have a perfect unit elasticity

[@spraybry8982]

your either norwegian or swedish and it took me 2 sec to know that for sure

[@Baduu]

thanks

[@rishabhr3j873]

i couldnt keep a straight face watching this

[@bsong7570]

HAHAHAHHA love the pokemon diamond music background

[@ML-ek5ur]

Where can I find theory of the firm?

[@johnyfausman959]

broski, check your book, it's probably there

[@oscarandria]

@@johnyfausman959 bruh su. U clicked on this video too

[@amandatrivella2021]

failed math, now im going to fail econ

[@humbertoaranda5708]

Te aplaudo?

[@humbertoaranda5708]

tranquila, que yo tambien

[@teeny765]

Ughhh me too :(((( 😭😭😂

[@layalesper4619]

dont worry i failed psychology too lol and imay have to retake the year fml

[@teeny765]

@@layalesper4619 F bro, I rly hope you dont have to retake the year, that would be awful

[@road2avg]

hi guys, XED is not in the new syllabus right?

[@homersimpson5586]

nope

[@aqsafahim1908]

king energy

[@ovrjit6319]

bismillah we will pass thje 2024 hl econ exam

[@shadoweed]

W guy

[@whimsihao]

saving my life two days before my eoy

[@bomberika9309]

Having my end of year too lol TT

[@dhritsasudhirakuljai]

@FredTheBread damn bro that was my end of year now i’m doing my mocks. I think i’ll be okay for econ but i’m not okay with my chem and bio. Man i’m scared if uni in the us will need my mocks exam grade

[@k0max689]

24:31

[@dan1cted]

smexy

[@nbamancave3283]

2:15 did he just swear

[@aneesanoor5750]

HAHAHAHA YES HE DID LMAOOO

[@advayvenkat402]

and he did it again lol