Y1 25) Merit and De-Merit Goods - Imperfect Information

Y1 25) Merit and De Merit Goods. Video covering everything you need to know about Merit and De-Merit Goods
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[@kyayamin]

This video is definitely a merit good!👀

[@ManlikeAndu]

**laughs economically**

[@yourmutualsmutual1933]

@@ManlikeAndu wth HAHAHHA

[@letsgodababypotion7806]

@@yourmutualsmutual1933 HAHAAHHAAHAHAHHAHAHAH JOKESSS $$$$$

[@justmadz8447]

Not necessarily. Education narrows a person's point of view. So it could be considered a de-merit. A good example would be your perspective that the video is a merit good.

[@djrdm2755]

no one appreciates how he is able to draw a straight line without a ruler

[@djrdm2755]

@Diego Barrett deffo a virus mate

[@kimberleygagliardi6027]

Brilliant video - every single word you said was relevant. Really well and systematically explained. Thank you!

[@venkatachalapathibaskar5927]

Your video lectures are really good and highly useful. Please do write a book on Economics and also make that available in India. Thank you.

[@scfcib9845]

Would love to see more on essay technique for 25 markers

[@scfcib9845]

Specifically chains of analysis

[@tusharmehra7272]

he's already made videos for those

[@madisonb3780]

yes please

[@shvetankhasal1354]

Hey EconPlusDal, I need to prepare for my IB economics Hl final exam, and since your uploading daily which is great. Is it fine if i go through your playlists? do they have all the sufficient material? BTW you have been a live saver for tests and exams also making my learning so much more interesting!

[@EconplusDal]

Oh yes, absolutely everything is covered!

[@shvetankhasal1354]

Thank you for the reply!! Your content is the best, keep doing what you're doing, you are helping a lot of students!

[@Jan-gaminggggg]

how was your exams g

[@avyaya123]

thanks a lot man! creating a serious positive production externality

[@samikhan-hh6wg]

yo, soldier vs alien part 2 was good no joke

[@owenperry7286]

Hey EconPlusDal! Your revision cource was quality, definately boosted my confidence in my own ability through all of your tips and the way you delivered each topic. Videos are really helping me in my own revision as well. Thank you!

[@marineneman4320]

With De Merit goods, the MSB = MPB and the MSC should be higher than the MPC, so is your drawing on the right, wrong? Positive external effect involves MSB > MPB whilst Negative external effect involves MSC > MPC in my understanding.

[@josh_harry]

Hi Dal, got A-level microeconomics tomorrow and have a couple of questions: How do you fix underconsumption (move MPB to MSB)? Can this be done with subsidies and universal free provision or would that change the MSC MPC curve? Also, do you have to write that MPB=D MPC=S? Thanks!

[@Adam-do8ny]

same question about moving mpb to msb, did you find the answer?

[@lucascolvin6425]

@@Adam-do8ny governments can issue subsidy direct to consumers

[@creativedirector455]

Hi EconPlusDal, love your videos but I would like to know if you can please make video on the new Edexcel Economics A Level papers, because they have a new exam layout/specification than prior. Thanks so much for all your videos

[@creativedirector455]

Joshua Lister 13 where, which videos?

[@creativedirector455]

Joshua Lister 13 thank you 👍🏾

[@asstardust6133]

Merit goods: 0:05 Merit goods diagram: 2:24 De-merit goods: 3:50 De-merit goods diagram: 5:32

[@nathanieljohnny7741]

u are actually better than my teacher lol

[@itnoone9121]

What a great video !

[@mazza653]

youre too good at explaining man

[@trapccountant]

thanks dal very cool

[@siddharthnandi8567]

do anti vaxxers come under information failure?

[@jamesbrown4270]

nah parenting faliure

[@reecemcbride4804]

They are just failures all round

[@EternalShadow1667]

Oh no, they come under the economic concept known as “brain failure”: when somebody has the information available to them but they are simply too stupid to use it. This links to the Biology topic natural selection for any Biology students out there.

[@Rover800Coupe]

If education is at full consumption the price increases?

[@ric6383]

Thanks- though as a final sentence in an essay I'd write there is no such thing as merit and de-merit goods, all very much a normative area, plagued by government functionaries and political agends.

[@muhammadhilal5807]

Why the diagrams curve are downwards, any relations?

[@SK-fw9zn]

I edge to this❤️❤️😍😍

[@finallen9028]

My teacher draws externality curves intersecting (not parallel), is this important?

[@nazberg445]

Yes, your teacher is demonstrating information failure to you by teaching you the wrong material, generating huge negative externalities from the consumption of it.

[@Rover800Coupe]

Tobacco and alcohol are addictive. This is the main reason behind the irrational consumption of these products. M.

[@aodhanbardon3206]

Hi ❤😂🎉😢😮😅😅

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