UK Economy Stats 2023 - A* Gold for Macro Exams!

[@auti5m23]

This man single handedly shifts everyone’s LRAS 👍

[@zainadam9585]

which way

[@yahyakhan6433]

@@zainadam9585 right obviously!?

[@balexxx4654]

To the right hahaha

[@sync1860]

Bro make my j curve straight ☠️

[@thesnackbandit]

@@sync1860 What a day to read the comments 😅

[@rnk4438]

Dal is fr increasing everyone's productive potential what a lad

[@marantamil459]

He's increasing LRAS, by increasing labour participation.

[@suvvywuvvy]

Don't forget MPL

[@ryanwallace5139]

Dal got me an A last year, wishing everyone the best in their exams

[@OSG100]

Congrats I sit my a levels next year

[@sync1860]

Any tips

[@HarryS241]

increasing everyones production possibility frontier one video at a time🐐

[@samlad8745]

Love it from you dal❤you make my demand curve kink

[@josephfletcher1469]

Thanks to Dal I got an A* in economics last year. Wishing everyone the best.

[@salvyganpatsingh5166]

Any advice?

[@Bgotit]

How???

[@rosettegolda232]

The king has done it! I've been waiting for this one since the last Economy Stats video in 2022!

[@JohnSmith-rb4sn]

Beardless Dal gives is making me a victim of behavioural economics as I’m acting irrationally

[@wasablii3062]

I've been WAITING for this vid with baited breath!!! Thanks as always Dal

[@willsankey1]

Dal the goat helped me get an A* last year thank you

[@sushruthravishankar2383]

any tips?I do AQA

[@BigBoyT05]

Idk if this helps but for me I try link my macro arguments to the macro objectives. I make a point then work my way through on how it impacts AD/AS that usually tells us economic growth or our inflation and then you may predict unemployment and BoP from that graph. But if you guys have any other tips lmk ⬇️⬇️

[@BigBoyT05]

Micro it’s mainly externalities and costs/rev with diagrams

[@user-uh4ip8qp3b]

W Dal increasing my future MRP day by day

[@SKTUBE]

Back here a year after competing a levels dal is the actual 🐐 can’t thank him alot for my A grade

[@astonfernandes2426]

Bro is just simply majestic

[@BrunoWhitham-Knapp]

Thank you for that video sir, very useful!👍

[@Charlie-de7xu]

Literally same once u drink the econplusdal coolaid u can't go back

[@RahinSomaliREACT]

Listen to this man he got me an A even with shite teachers

[@mariaanastasia6820]

please can we have a micro stats video im struggling sm

[@chrisyeraaa]

loved the video!! would love if you could go over how to answer an AQA 25 marker

[@willalexander62]

THANK YOU DAL

[@trafalgarlaw2850]

Thank you so much my dude

[@themogfather6320]

thank you so much for this dal you really are a legend

[@mohidakram5337]

This man is the dom

[@olliehildred4335]

Hi dal, just wondering what you meant by loosening and tightening labour force?

[@yvielaker933]

I think it means that there are not as many vacant jobs and there are more people looking for jobs, as tightening of the labour market means there are plentiful vacant jobs and scarce available workers :)

[@gloww4165]

Bro please do OCR hot topics!

[@milanmadrid9521]

Sir, can you explain something about the Kuznets curve? Thanks a lot. I'm a little bit confused about that curve......🥺

[@mk12377]

commenting for the algorithm

[@electric_bimma]

thanks dad

[@gregormay2598]

Can you do a video for WJEC A level economics, the whole class is desperate for a video

[@temueraclones]

bro you looking fresh

[@nazianailsit2006]

my superhero

[@whitehoodie5778]

When will the 2024 version be uploaded😄?

[@jakeconn5566]

17:14 wouldn't higher interest rates help supply side inflation by encouraging saving using the pound in the forex market which would strengthen the pound and make imports cheaper?

[@suvvywuvvy]

if you mean higher relative interest rates increase the demand for the pound in international markets, thus strengthening the pound then yes (as it makes imports and thus imported capital cheaper, decreasing costs of production). I assume though that this effect would be less potent than demand-side inflationary pressure as consumer and investment spending are directly reduced by higher interest rates (variable rate loan repayments and cost of borrowing hikes). This is just my take as a fellow student though, take with a heaping of salt.

[@reckasorushound4512]

not really since the supply side inflation is mainly driven by oil and energy which was caused by the rapid increase for demand post pandemic and the limited supply ( excess demand) and then two products are pretty much needs so people will buy them regardless of interest rates and etc

[@suvvywuvvy]

@@reckasorushound4512 ur right in that oil and energy have become essential resources in the production of almost anything and shocks in their supply will certainly the price level more but ceteris paribus an increase in interest rates can very much 'help' (as the original commenter said) to alleviate inflation. This is especially so in more interdependent and globalized economies that trade with eachother for resources (as most economies have become these days).

[@jakeconn5566]

@@reckasorushound4512 that's true but if the pound is stronger due to greater interest rates, then wouldn't all goods imported irrespective of demand be cheaper due to more preferable exchange rates?

[@MCart1215]

@@jakeconn5566 In theory yes but gas is priced in dollars, which has become more expensive for the £ as the US have been mass selling. So a rise in the demand can have an effect, but likely a limited one / counteracting some of the value lost

[@kavishmaster7605]

What a sexy shirt, W video

[@littlemisss74]

Wish he was my teacher!

[@Yx2-4Rina]

Waiting for the CAIE hot topics this year

[@applicableapple3991]

Base rate is now 4.5%

[@OliM9595]

so strange getting recomended your videos lol. doesnt youtube i did my alevels last year!

[@alannahg1872]

why cant QE be used to service the budget deficit ?

[@irqny8002]

it can in that banks and financial institutions have more liquidity available to invest in government bonds, but it can't in that the supply of money would rise which would make the pound even more depreciated, and since the UK is already reliant on imports that would have massive inflationary side effects on top of the already high inflation rates

[@ItsSapi]

where do u get your stats from? the ons?

[@Bgotit]

He’s really increasing my human capital

[@ryanhooper7195]

Is the total gdp figure real or nominal GDP?

[@6942-i2i]

Can I use these stats if I do CAIE Economics?

[@Arun-hz2dm]

a goat fr

[@pickleboynibs1334]

Big dolla

[@AbdulHameedii]

W Video

[@jackhodgson6506]

need some OCR video's Dal not going to ask twice 😘

[@sushruthravishankar2383]

Does everyone remember all these figures and memorise them ?

[@doyouknowdawae2625]

yh its not that hard when u use them in some essays

[@euanthomas2543]

These are some depressing stats daddy dal

[@finleylyons618]

mpc this video has increase

[@lamppost]

UK is in the mud damn