IB HL ECONOMICS: Every equation/formula you need for Paper 3!

This video takes you through every equation and formula that you need to memorise in order to get a 7 on your HL Economics Paper 3!
If you need one on one economics tutoring, you can book a lesson with me here: www.apprentus....

[@tomh8928]

Good luck to everyone with their econ paper 2 and 3 tomorrow !

[@jordi7770]

hahaha lmao, m22 gang here

[@tingtingyan2885]

Yeaaaaaaaa, good luck guys!

[@xinjiachen5642]

Let's all get a 7 haha. Good luck everyone

[@kareemal-rifai7667]

@@xinjiachen5642 ahahah thank you

[@f-qk4yc]

m23 is here (i have mock tomorrow)

[@franklinindra405]

Im cooked tommorow

[@neeeeeeeevvvv6320]

we are

[@kon8708]

Bruh same

[@doema0]

ong

[@basgoossens8729]

Error when calculating %change in Qd, around minute 2:30. If im wrong delete my comment

[@premium2youtube250]

Tomorrow we march in. Good luck everyone

[@ashtonhunter4727]

Good luck!

[@toxicxplays3661]

im screwed just started macro lmao

[@premium2youtube250]

@@toxicxplays3661 don't worry, i didn't bother with global lmao

[@randomguy9740]

10 mins im gonna die

[@brogamers5230]

We march for the last time boys never back down!

[@alicia-mo8uj]

LAST EXAM so excited

[@brogamers5230]

@@alicia-mo8uj and scared so best of luck to us

[@hemendunandan-oe6mu]

00:01 Understanding Opportunity Cost Calculations 00:55 Understanding demand and supply curve equations 01:54 Calculating percentage change and price elasticity of demand (PED) 02:57 Equations for Cross Elasticity of Demand, Income Elasticity of Demand, and Theory of the Firm 03:47 Understanding the different types of costs in economics. 04:51 Understanding key economic equations for Paper 3 05:54 Key economic formulas for Paper 3 06:47 Calculating total tax paid with progressive taxation Crafted by Merlin AI.

[@jerryli5845]

Hi I don’t think includes the Keynesian multiplier which is: 1/marginal propensity to withdraw (Different form of formula: 1/1-marginal propensity to consume) But other than that this video is perfect. Thanks

[@sophiacho5149]

Shouldn't the % change in Qd be (2:25) be (150-110)/150 * 100 = 8/3 ?

[@georgehountas9265]

yes for those wondering the right answear for the ped is 0.53

[@milanpal2634]

Ik this makes no difference for the answer (besides being negative), but wouldn’t it be (110-150)/150 * 100 instead?

[@itzmeet2414]

Global economy left the chat

[@aarizsajan3561]

yo, you get the progressive tax calculation?

[@itzmeet2414]

@@aarizsajan3561 yes

[@Flexcharino]

You go too fast man! I had to slow you down, and pause the video at many points to digest😂😂😅

[@Ryan-fq3ud]

i have paper 3 econ mock today, hope I ace it.

[@milanpal2634]

Good luck M24 we’ve got this😭

[@kaisvasaya7850]

There are lots of other calculations, which are missing here, that also come in our papers like questions about the simple spending multiplyer and the kerynesian multiplier with respect to the tax and money multiplyers. would like to learn about those too, thanks.

[@gxd-df5qg]

This really helped me prepare for M21 exams, thank you.

[@ngreflections]

Very glad it was helpful!

[@freddy5713]

M22 for me

[@upsyndrome5333]

@@freddy5713 Paper 3 tomorrow ;)

[@freddy5713]

@@upsyndrome5333 and 2 ;-;

[@jackarmstrong3683]

November 2022 wya

[@wavychigga1607]

we here, good luck bro

[@sharpshark2005]

thank u very much!!!!! I love u!

[@dinolinjo4202]

test in abt 3 minutes gonna be goated

[@Slenderboy57]

THANK YOUUU SOO MUCHHHH

[@aryyxn_]

If NG REFLECTIONS has 1000 fans, im one of them If NG REFLECTIONS has 100 fans, im one of them If NG REFLECTIONS has 1 fan, im one of them If NG REFLECTIONS has 0 fans, im dead.

[@ftft6847]

Omg thank you

[@ngreflections]

Let me know what you would like to see next!

[@ftft6847]

I would love to see detail walkthrough on stuff like externalities market failure that would be extremely beneficial for me

[@ngreflections]

@@ftft6847 that’ll be our next video then! :)

[@rovinalobo1095]

God bless u! U saved me

[@toxicxplays3661]

is this all the formulas or are there any for international

[@ihatetheibprogramme]

Good luck for tomorrow everyone!