You know he's a G when you're at uni now but still subscribed
@crackerguitar3844 жыл бұрын
I am still watching watching his videos even I am doing master nowXDD
@jamesbarker43063 жыл бұрын
Is uni economics like a more complex and in depth version of a level or is it all completely different?
@monsterheh82752 жыл бұрын
@@jamesbarker4306 get blanked
@ondrejpotocar2 жыл бұрын
@@monsterheh8275 lmao
@maxsuki752 жыл бұрын
Facts bro
@JohnDuppleingham6 жыл бұрын
Notification squad / desperate for good grades squad
@StayFr0sty6 жыл бұрын
MAN LIKE DAL LEGEND.
@lilyc87266 ай бұрын
THANK YOU for saying HK is a country!!! ❤❤i love you econplusdal you’re my fav econ teacher😛
@jamesxu36984 жыл бұрын
well...HK is not a country, it is a Chinese special administrative region
@theocave71086 жыл бұрын
Could you possibly do a video on all A2 diagrams/analysis for micro and macro?
@donrobbie1606 жыл бұрын
you are aesthetically pleasing x
@oliverhoey98533 жыл бұрын
Daddy econ
@CalvinHobbes3 жыл бұрын
god isnt he so cute
@oliverhoey98533 жыл бұрын
@@CalvinHobbes dad
@bang69836 жыл бұрын
Why on consumption diagram is the new curve MPC+ Sub shouldnt it be MSC=MPC+Sub?
@susbean_6 жыл бұрын
yeh innit
@bang69836 жыл бұрын
Raz and Aayan this guys really helpful but hes done it different on different vids so now i dunno how to do this lol
@Matthew-me6of6 жыл бұрын
It doesn't necessarily matter which you choose to do, both explain what's happening to a sufficient degree.
@bang69836 жыл бұрын
Quasi thank you
@BananaBeecher5 жыл бұрын
Hey, thanks so much for all the awesome videos! Just a quick question - what does the subsidy incidence look like if there's a market failure? Is is just a rectangle for producers and a rectangle for consumers with no welfare loss?
@saraghata86762 жыл бұрын
Really helped me thank you so much 💗
@alexchapman89506 жыл бұрын
Pretty sure I failed my as exams, but thanks for the help my G
@sabinaxox82695 жыл бұрын
So did you fail??
@ahmedbenhariz86944 жыл бұрын
@@sabinaxox8269 still wondering
@SarahArnoldGoogle4 жыл бұрын
@@ahmedbenhariz8694 same
@TaariqSiddik4 жыл бұрын
Did you pass?
@Ahmed_ammu3 жыл бұрын
@@SarahArnoldGoogle same
@FuturePastPerson3 жыл бұрын
2:50 ***booooom***
@saraghata86762 жыл бұрын
What a absolute legend 💪🏽
@CalvinHobbes3 жыл бұрын
god mr dal you are just so hot x
@sbthemonster77812 жыл бұрын
bro?
@isaacsharma4246 жыл бұрын
What a banger
@varoonmohan26742 жыл бұрын
in an essay, could you a demand and supply diagram of this and talk about how consumer and producer surplus rises , which encourages an increase in consumption and production of merit goods?
@lg7844 Жыл бұрын
aired pal
@charlierutherford47342 жыл бұрын
legend
@daringdaniel10156 ай бұрын
Is there a deadweight welfare loss on the diagrams?
@JW-of3rb2 жыл бұрын
Thx for ur teaching rmb CLSS
@tobydavis21226 жыл бұрын
boss man
@SleepyBuoy-zq2jm8 ай бұрын
You are so beutyfull
@nurafiqah81665 жыл бұрын
can you use the green marker to another marker 🤗 anyway its so best video
@omnomcute123456 жыл бұрын
THANK YOU
@AkashPatel-tp3ye3 жыл бұрын
What is the explanation as to why the subsidy shifts the mpc curve? I know people will say that the subsidy shifts the supply curve, but why in this instance is the mpc curve regarded as the supply curve ?
@blaze.66092 жыл бұрын
when doing analyis on markets, you should always set your upwards and downards shifting curves as S and D. The curve that moves is your social curve, and the remaining 2 will be the private curve (MPC for supply and MPB for demand). MPC is marginal private cost, which is literally the producers cost of production. So with the subsidy, COP falls and this is shown diagrammatically with the MPC curve shifting to the right.
@joshanab47973 жыл бұрын
This acc really helped... tyyyyyy!!!!!!!!!
@ric6383 Жыл бұрын
Many thanks.
@ok-du3cc3 жыл бұрын
I'm super confused cuz my book says "the more price inelastic is demand the more a subsidy will benefit consumers rather than producers" But in the vid it says the opposite Pls help
@Theo-vh9iy3 жыл бұрын
I think the vid is correct, coz inelastic demand means firms can keep price high, and pocket the subsidy. ask ur teacher tho
@mrdefuse63203 жыл бұрын
@@Theo-vh9iy idk I think the book is right, as if you draw out an AS AD diagram with an I elastic and elastic AD curve the in elastic get it at the cheaper price level
@foxford393 жыл бұрын
@@mrdefuse6320 yh but the quantity demanded will not increase as price is not the main reason why people do not consume the good, if demand is elastic more people will benefit from the subsidy as the quantity demanded at this new price level will exceed the change in price.
@jordi77702 жыл бұрын
I haven't watched the video completely but the book's idea is right. Assuming a good has a price inelastic demand, we know that a change in its price won't cause a change on its consumption significantly. Hence, by introducing a subsidy, the producers will have a lower production cost and so it may translate into lower prices, however, this lower prices wont increase their profit because sales wont increase because of the price inelastic. Whereas for consumers, they will be experiencing a cheaper consumption. I hope now is clear
@westerntools46022 жыл бұрын
@@jordi7770 but the point is that government wants to increase the production and consumption of the merit good that have positive externality so that socially optimum output can be produced and consume, so as you said that subsidy will provide benefit to producer but no sales means no profit, now here is problem in your point as main purpose of a subsidy is to increase output and if no sales are made then it means socially optimum output is not produced and consumed so what I think is that video is right as if demand is price inelastic then producer would use subsidy as to profit themselves and will not reduce price as sales are not affected due to inelastic response as reduced prices would lead to lower increase in demand, thus it's an evaluation that if price is inelastic then subsidy will not benefit greater to increase output to optimal level as by subsidising the product or service people doesn't care about price and still consume same or very little more if prices are reduced as like example in the video in which people prefer car instead of rail or bus even if these option are cheaper due to flexibility and relax journey that a car may provide . Hope you understand my point.
@M7j36 жыл бұрын
can you make videos about economics gcse please
@extrospective5 жыл бұрын
doesn't exist
@ACRLZ4 жыл бұрын
@@extrospective It does but its just very uncommon.
@saraghata86762 жыл бұрын
Love your videos
@alexandrosyerolaki63544 ай бұрын
HI !!!!!!!!!!!! FROM THE UK WE LOVE YOUR VIDS OVER HERE