Y1 2) Production Possibility Curves - PPCs / PPFs

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EconplusDal

EconplusDal

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Production Possibility Curves - PPCs / PPFs. Detailed video covering everything you need to know about Production Possibility Curves - PPCs / PPFs
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@ishtiyaqahmed4120
@ishtiyaqahmed4120 4 жыл бұрын
If you are reading this comment you aren’t focusing on the video. Scroll right back up, stop procrastinating and watch the video.
@rexynator_ytb
@rexynator_ytb 3 жыл бұрын
:(
@aryan4170
@aryan4170 3 жыл бұрын
Yeah, you're right
@zohaibgulawan9070
@zohaibgulawan9070 2 жыл бұрын
I'm reading in last min🥲🥲🥲
@tuffguy8656
@tuffguy8656 2 жыл бұрын
now um reading replies to this comment
@samuela775
@samuela775 2 жыл бұрын
@@tuffguy8656 allow it man
@master4755
@master4755 4 жыл бұрын
Our Modern Father and Saviour of Economics here, bless him
@ciangraffin
@ciangraffin 3 жыл бұрын
Facts yo
@archiebiltcliffe
@archiebiltcliffe 6 жыл бұрын
Don’t even do economics any more but I still watch Dal #EconPlusDaddy
@prernanayak8617
@prernanayak8617 5 жыл бұрын
Cool
@nathanr8787
@nathanr8787 2 жыл бұрын
@Jacob Duffy sez u
@orakaikechukwubenneth4637
@orakaikechukwubenneth4637 3 жыл бұрын
As a teacher myself I can confidently say that you're a very good teacher. Bravo!!
@jampastie5497
@jampastie5497 2 жыл бұрын
shut up
@itsKrrishSharma
@itsKrrishSharma Жыл бұрын
@@jampastie5497 no need to be rude💀💀
@FlixRacing
@FlixRacing 9 ай бұрын
Game respects game!
@cybeldjanequeencess7146
@cybeldjanequeencess7146 6 ай бұрын
Yes he is very good
@_abhiraj_rajput
@_abhiraj_rajput Ай бұрын
This guy is actually the goat of Economics
@Hasschannel
@Hasschannel 6 жыл бұрын
#EconPlusDaddy
@dil3038
@dil3038 4 жыл бұрын
Pappy;) :D
@aaanjgv2490
@aaanjgv2490 5 жыл бұрын
may not fail my final econ paper tmr cos of u, bless up G
@alexg9544
@alexg9544 4 жыл бұрын
AAA NJGV did u pass it g
@jakeward3116
@jakeward3116 3 жыл бұрын
@Elyas Unknown Lets come back in another 4 months to see if he responds
@tomclements9682
@tomclements9682 3 жыл бұрын
what went wrong g
@kharchitfeil9456
@kharchitfeil9456 3 жыл бұрын
Yeah, he failed
@haroonshaikh5574
@haroonshaikh5574 3 жыл бұрын
Lol, got mine tomo to, micro paper 1 i aint gonna fail to
@joe_ginger4201
@joe_ginger4201 2 жыл бұрын
Our teacher favours your channel over others and I can see why. Thanks for explaining this in such clear detail!
@zeroone6608
@zeroone6608 3 жыл бұрын
by watching his video i realized how much info we can achieve from a 15min video, i litly spent 40min and took 6 pages of notes
@zaidali5660
@zaidali5660 Жыл бұрын
I got A* in A level economics because of you. Thanks
@plty3931
@plty3931 Жыл бұрын
BRO HELP ME
@hi-pg9bp
@hi-pg9bp Жыл бұрын
@@plty3931 LMAO R u in year 12?
@plty3931
@plty3931 Жыл бұрын
@@hi-pg9bp 11. Taking my A lvls next yr
@aniismohamud5060
@aniismohamud5060 2 жыл бұрын
Dal is an exceptional teacher who has a deeper understanding of business subject and knowledge. His explanation is clear and easy to understand with variety of examples and applications to real world problem solving.
@FlixRacing
@FlixRacing 9 ай бұрын
Just started Economics AS and just started watching you. Your videos are amazing and I am now relieved because I'm sure ill have a great time learning this fun and complex subject along with you!
@oliayeasmin5072
@oliayeasmin5072 Жыл бұрын
As a teacher i appreciate what u have done for the community, me and my students would like to say Thank You!
@michelle-pm8yn
@michelle-pm8yn 3 жыл бұрын
Honestly you are doing the Lord's work. Thank you so much mahn!
@FlixRacing
@FlixRacing 9 ай бұрын
you just made me like economics and keep it as my AS! THANKS, you are helping so many people for free!! WE APPRICIATE YOU!
@emmanuelknight5017
@emmanuelknight5017 4 жыл бұрын
2:22 its 15 laptops but you probably didnt even realise because you said 15 afterwards. Thanks for these videos I am learning economics A-level by myself (and you)
@rachelamoedo5290
@rachelamoedo5290 3 жыл бұрын
I'm doing Econ IB and this is beyond helpful thank u so much!
@randyairo4128
@randyairo4128 2 жыл бұрын
I just finished my economics paper today. Thanks econplus💯
@FrozenKangaroo215
@FrozenKangaroo215 7 ай бұрын
thank you so much for your vids! best teacher in economics I ever came across!
@nishakaur7983
@nishakaur7983 5 жыл бұрын
Thank you this video is really useful and I'm currently studying A level economics and this has refreshed what I've learnt- amazing video!!!
@vedushikajayathilake4795
@vedushikajayathilake4795 3 ай бұрын
Really helpful,I'm currently a student from a university as I didn't follow this as a subject for alevels it was hard for me,but now after watching your videos ,I'm catching up the subject really fast, Thank you Sir for the clear explanations❤
@sr.pazrapirapop8814
@sr.pazrapirapop8814 3 жыл бұрын
well explained, clear and easy to understand . thank you sir. want to see more
@lifewithdylan
@lifewithdylan 6 жыл бұрын
Dal I beg you make Uni economics videos. I'm out here struggling with IS-LM....
@realFriedrichHayek
@realFriedrichHayek 6 жыл бұрын
IS - investment and savings - relating to public and private savings - affected by fiscal policy and private investment LM - liquidity money - depends on monetary policy (increasing/decreasing the money supply)
@mrhuang4397
@mrhuang4397 4 жыл бұрын
Thank you sir, you make my life to be so easy
@Econotitans
@Econotitans 3 жыл бұрын
the best channel i found.
@laccess911
@laccess911 5 жыл бұрын
Dal, you are a hero!
@kab1584
@kab1584 5 жыл бұрын
You're a top guy dude. Thanks a lot.
@tiancichen5769
@tiancichen5769 4 жыл бұрын
you are sooooo great!!! as clearly and meaningful!!!! thumbs up!!!!
@Mbali.Balabala
@Mbali.Balabala 2 ай бұрын
Amazing lesson! Very informative and helpful 😊
@bongibhebhe5727
@bongibhebhe5727 4 жыл бұрын
thank you ..now its very clear. thank you Dal
@georgedoukas6321
@georgedoukas6321 3 жыл бұрын
You the best man keep making those videos
@majidanwar9794
@majidanwar9794 2 жыл бұрын
Bro is better than my actual teacher
@mallb0y
@mallb0y 6 жыл бұрын
Love you Dal
@stewartryder7547
@stewartryder7547 3 жыл бұрын
Nice one , this has made me understand Econ
@doublenumb5378
@doublenumb5378 3 жыл бұрын
You should be my uni instructor for this course. Thank you for enabling me understand the lessons while he failed to do this
@zidan9487
@zidan9487 3 жыл бұрын
Great video thanks a lot for your help
@duonghuyen94
@duonghuyen94 2 жыл бұрын
I learn a lot about teaching Economics thru your videos. Thank you. I even show your videos for my students:)
@ivanakona392
@ivanakona392 9 ай бұрын
not the best at explaining then are you
@Deantv2
@Deantv2 2 жыл бұрын
Wow you explained this very well
@zopps8652
@zopps8652 21 күн бұрын
saving my A levels you legend
@lowlifejam
@lowlifejam 3 жыл бұрын
vikkstar helping me with economics what a king
@royaluchennalevi6224
@royaluchennalevi6224 3 жыл бұрын
racism isn't tolerated in today's society and I'm black so it doesn't matter the colour of your skin
@royaluchennalevi6224
@royaluchennalevi6224 3 жыл бұрын
A racist one
@royaluchennalevi6224
@royaluchennalevi6224 3 жыл бұрын
A costly one
@royaluchennalevi6224
@royaluchennalevi6224 3 жыл бұрын
We have to understand the limits and the borderline, especially in today’s day and age
@royaluchennalevi6224
@royaluchennalevi6224 3 жыл бұрын
Whatever man
@lebohangaugustine4338
@lebohangaugustine4338 2 жыл бұрын
not me understanding economics better , you are brilliant
@Sylvieyixinshao0413
@Sylvieyixinshao0413 Жыл бұрын
soooooo great !my economic teach use this video to teach us during she was having Covid19 !!!!!really helpfui
@hi-pg9bp
@hi-pg9bp Жыл бұрын
I love this guy
@praveendintakurthi7463
@praveendintakurthi7463 2 жыл бұрын
Excellent !!
@dil3038
@dil3038 4 жыл бұрын
Well explained!
@jaradisthegoat9805
@jaradisthegoat9805 3 жыл бұрын
hello thankyou for the video!
@jordanmenzfeld6038
@jordanmenzfeld6038 6 жыл бұрын
#EconPlusDaddy thank you for saving my A Level
@FlixRacing
@FlixRacing 9 ай бұрын
THANK YOU SO MUCH!
@FlixRacing
@FlixRacing 9 ай бұрын
Respect Dal!
@louisgilmore4703
@louisgilmore4703 3 жыл бұрын
Love you x
@denizarslan7051
@denizarslan7051 7 ай бұрын
İt would be great if you make problem solutions, you are great by the way👏👏
@ipshita.x5217
@ipshita.x5217 4 жыл бұрын
your so helpful xx
@jishabijumon4783
@jishabijumon4783 5 жыл бұрын
super class sir🙏
@robyn2791
@robyn2791 Жыл бұрын
Love these. I'm teaching economics for the first time this year and these videos are brilliant to help me with pitching. Thank you.
@plty3931
@plty3931 Жыл бұрын
bro is even teaching teachers how to teach students 😂 What a legend
@robyn2791
@robyn2791 Жыл бұрын
@@plty3931 teachers teach teachers. That's how we learn to do our jobs.
@plty3931
@plty3931 Жыл бұрын
@@robyn2791 yea just realised. In fact my mom is a teacher
@mercyihebuzor7220
@mercyihebuzor7220 3 жыл бұрын
You saved me!!
@isabella7131
@isabella7131 3 жыл бұрын
my lord and saviour omg
@hr._.z
@hr._.z 4 жыл бұрын
love u dal
@motivation676
@motivation676 9 ай бұрын
love you sir
@nonsoottih7405
@nonsoottih7405 Жыл бұрын
LEGEND
@angelstarfire
@angelstarfire 4 жыл бұрын
Honestly thank you so much! I'm loving Economics because of your videos! (>~< )
@ViralClipsTube
@ViralClipsTube Жыл бұрын
That face at the end of your comment was completely unnecessary, it is in fact a misallocation of resources as your time could've been spent better elsewhere. Not to forget the negative externality in production you've generated because of it, now I'm here after reading to make sure you're aware that you're allocatively inefficient. Your ppf should be in the negatives rn sorry to say
@sebiclark5843
@sebiclark5843 Жыл бұрын
@@ViralClipsTube your reply was an oppurtunity cost
@ViralClipsTube
@ViralClipsTube Жыл бұрын
@@sebiclark5843 Sure I mean, everything has an opportunity cost. Although my reply was pareto efficient. So we good
@plty3931
@plty3931 Жыл бұрын
@@ViralClipsTube dawg ☠️
@ViralClipsTube
@ViralClipsTube Жыл бұрын
@@plty3931 😂
@ahmedmunir300
@ahmedmunir300 3 жыл бұрын
If the line is a straight downward slope on a ppf graph is the opportunity cost constant or increasing?
@nancymaseko721
@nancymaseko721 4 ай бұрын
good explanation
@patrickkitchen2860
@patrickkitchen2860 Жыл бұрын
legend
@ShivamMaisuriya-io1vi
@ShivamMaisuriya-io1vi Ай бұрын
A goat
@twiggdogg8563
@twiggdogg8563 6 жыл бұрын
Hero
@tanneraustin4311
@tanneraustin4311 Жыл бұрын
u da man!
@ARPiG3
@ARPiG3 Жыл бұрын
my teacher suggested to watch you. Now I see how she has soo many 7 students
@constantinbarisone7050
@constantinbarisone7050 4 жыл бұрын
Thank You! VeRY ePic
@905stairs
@905stairs 3 жыл бұрын
goated
@jimmylevitsky1944
@jimmylevitsky1944 Жыл бұрын
DAL ARMYYYY
@MOIR
@MOIR 3 жыл бұрын
1. Maximum possible production of 2 goods/services with given factors of production. 2. The various combination of 2 goods/services that can be produced.
@ShivamMaisuriya-io1vi
@ShivamMaisuriya-io1vi 20 күн бұрын
0:00 to 14:35 is the best
@donrobbie160
@donrobbie160 6 жыл бұрын
if im doing my A level next summer, is this the right spec?
@dynastyvisuals5049
@dynastyvisuals5049 6 жыл бұрын
Yh this is the year 1 economics spec so if you're in yr12 right now this is what you should be going over and if your exam board is OCR you're in the right place
@jadeversace4896
@jadeversace4896 2 жыл бұрын
This man is so beautiful
@ShivamMaisuriya
@ShivamMaisuriya Ай бұрын
Wow
@denuwan7688
@denuwan7688 3 жыл бұрын
You are a fucking Legend!
@ViralClipsTube
@ViralClipsTube Жыл бұрын
Mind your language son
@kalathmipathiraja6292
@kalathmipathiraja6292 4 жыл бұрын
Pareto efficiency wouldn't apply if there was an expansion or an outward shift ye?
@ViralClipsTube
@ViralClipsTube Жыл бұрын
It would just move along with the curve, Pareto efficiency is anywhere on the current PPF in time.
@zubairjalal1718
@zubairjalal1718 4 жыл бұрын
Why isn’t a point inside the curve parato efficient because when inside the curve, you can make tablet consumers better off without affecting laptop consumers?
@christiangapuz9189
@christiangapuz9189 6 жыл бұрын
lol my guy
@varushar1
@varushar1 3 жыл бұрын
You're cute. Thank you for your knowledge and wisdom.
@joshmurphy8529
@joshmurphy8529 4 жыл бұрын
Is this fine for edexcel
@magic2201
@magic2201 4 жыл бұрын
I think so but I'm not sure
@PatienceWinga
@PatienceWinga 16 күн бұрын
This is the modern Adam Smith or David Ricardo.
@kalkidandemis1821
@kalkidandemis1821 4 жыл бұрын
Can it be in 3 goods??
@kalkidandemis1821
@kalkidandemis1821 4 жыл бұрын
Thanks 🙏
@mattikarp240
@mattikarp240 6 жыл бұрын
is it possible for the PPF curve to be inverted?
@EconplusDal
@EconplusDal 6 жыл бұрын
Yes absolutely Matti - an inverted PPF represents decreasing opportunity cost of production
@maverick4244
@maverick4244 4 жыл бұрын
I don't understand it @ 4:15 how are the factors of production favored towards laptops if less are being produced?
@K0uzan
@K0uzan 3 жыл бұрын
hes trying to say that increasing the production of laptops in that part of the curve is more favourable as there will be a larger amount of laptops produced with a lower amount of tablets not being produced (so basically, less oppurtunity cost).
@pepsicoladodo
@pepsicoladodo Жыл бұрын
man sounds like rishi sunak
@Henry-xu5jg
@Henry-xu5jg Жыл бұрын
No he doesn’t.
@samuelcampion6120
@samuelcampion6120 4 жыл бұрын
Is the curve ever convex?
@yudichauhan890
@yudichauhan890 4 жыл бұрын
yes, when there is decreasing opportunity costs
@samuelcampion6120
@samuelcampion6120 4 жыл бұрын
@@yudichauhan890 yes but in any real world scenarios?
@stg1325
@stg1325 4 жыл бұрын
@@samuelcampion6120 yes
@prernanayak8617
@prernanayak8617 5 жыл бұрын
In which circumstances the PPF curve will be inverted???
@amandaarcher7919
@amandaarcher7919 4 жыл бұрын
Do you mean bowed in? I think decreasing opportunity cost
@fttech6594
@fttech6594 2 жыл бұрын
what is Q2 CELL?
@ViralClipsTube
@ViralClipsTube Жыл бұрын
Q^2Cell represents Quality & quantity of each factor of production. It's a good way to remember how a PPF can shift.
@Knoq
@Knoq 2 жыл бұрын
7:31
@zuhaybahmed449
@zuhaybahmed449 2 жыл бұрын
4:17
@tkay6371
@tkay6371 4 жыл бұрын
why is it that when they "move to specialistion in tablets, it means their factors of production are more suitable to laptop production", it doesnt make sense?
@ajitesh2375
@ajitesh2375 3 жыл бұрын
me too
@short4rm
@short4rm 2 жыл бұрын
he means in this specific example. you can see that when the tablet production increases the laptop production is dropping off massively but when the laptop production increases the tablets only drop off in smaller amounts meaning with the tools they have they are more suited to producing laptops at a higher rate as tablets are also being produced at a high rate in comparison.
@short4rm
@short4rm 2 жыл бұрын
75-60=16
@vikashmaster
@vikashmaster 5 жыл бұрын
Dal ? kzbin.info/www/bejne/b2TVf2iaoNF7asU
@michelle-pm8yn
@michelle-pm8yn 3 жыл бұрын
no thats not him lol
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