Current Account of the Balance of Payments

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10 жыл бұрын

Current Account of the Balance of Payments - An understanding of the Balance of Payments focusing on the current account and the four sections within it
Twitter: / econplusdal
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Пікірлер: 94

@aryanjainfit9123 Жыл бұрын

8 years old yet the most useful video on KZfaq for this topic

@obelix2545 4 ай бұрын

fr bro this man is a legend

@finlay.s3813 Жыл бұрын

This guy is better at explaining Macroeconomics than my university professors will ever be

@tonu529 5 жыл бұрын

my g's teaching levels are on a madness. safe bro

@frazerkirkland1506 3 жыл бұрын

Is this supposed to be an english sentence??

@jeff9846 3 жыл бұрын

@@frazerkirkland1506 shut up bruv

@frazerkirkland1506 3 жыл бұрын

@@jeff9846 sorry ‘bruv’

@jeff9846 3 жыл бұрын

@@frazerkirkland1506 levels

@salvyganpatsingh5166 2 жыл бұрын

Getting us through the a level lets go

@junaidhussain1845 3 жыл бұрын

Have a macroeconomics exam today, this playlist is saving my ass

@AmirHussain-fq6uu 2 жыл бұрын

Jun? 🤣

@utubered613 2 жыл бұрын

@@AmirHussain-fq6uu do ik you aha

@johnholme783 4 жыл бұрын

Simple no nonsense explanation. Thank you!

@dillon7431 5 жыл бұрын

You are the master of economics, thank you!

@Nonamenocass 6 жыл бұрын

I learned more him than I learned from the book and my professor.

@framedheart 8 жыл бұрын

You're an excellent teacher, thank you! Very clear and understandable.

@bearded92 2 ай бұрын

Realest economics teacher

@Quidexe Ай бұрын

realtor

@carlosriofrio9213 8 жыл бұрын

You are a boss teaching. Thanks!

@shaikujagitay7625 2 жыл бұрын

I understand from your videos more than I understand anywhere.

@Karachi9111 8 жыл бұрын

You have done a wonder! Great job man!

@darshanmoirangthem2145 5 жыл бұрын

U r the exacttt teacher i m looking for.... Sir i appreciate ur efforts...

@franzmanz3487 9 жыл бұрын

I love you and your videos. Thank you so much you are amazing!

@to_discover_life Жыл бұрын

I'm really appreciating these videos, thanks so much :)

@AbbsN8 10 жыл бұрын

make sure you register to the youtube partners program & make some money - can see your videos get a lot of views! Very helpful, exam in two days & your videos have made me much more confident

@AbbsN8 9 жыл бұрын

AbbsN8 Ended up getting a B! thank you

@martinmartinmartinnmartin1380 8 жыл бұрын

+AbbsN8 congrats

@asianboynicks 7 жыл бұрын

which exam board?

@Mozog2 8 жыл бұрын

You sir, are a legend

@str8lizzy380 5 жыл бұрын

helped me truly understand the topic in 6 minutes, my teacher couldn't in a 2 hour lesson

@ric6383 Жыл бұрын

Many thanks EconplusDal

@omarsmith8064 8 жыл бұрын

wow, always great

@theguyofminecraft 7 жыл бұрын

Late studying for a test and this is really good! Thank you for the clear videos!

@AhmedSaleh-ll1we 10 жыл бұрын

Excellent!

@yuhaozhang5575 5 жыл бұрын

You legendary life saver

@hassankhalid6007 8 жыл бұрын

please keep the videos coming

@akinolayusuf2979 2 жыл бұрын

simple and concise

@charlottewhalley8537 8 жыл бұрын

So it's quantity not value, right??

@bethmcgrath9376 8 жыл бұрын

Lols Charlotte this is no time for jokes our exam is on Monday!...because we were so serious throughout this years lessons obviously😜 I mean that's why we've both spent an entire day going through this playlist multiple times😂😂

@charlottewhalley8537 8 жыл бұрын

+Beth McGrath I'm being serious Bethany!! I always put 100% of my concentration into ever economics lesson!, I find them surplusey interesting 😂😂

@bethmcgrath9376 8 жыл бұрын

+Charlotte Sykes Whalley oh yes of course because with Stevo as our teacher who managed to find a way to make an avocado the example of every piece of economic theory we are 100% prepared for every eventuality😜 'comment on the effects of an increase in the budget deficit upon the macroeconomic objectives'...'well in terms of the avocado industry employment will increase because avocados are magical and are unaffected by changes in any variable #ceterisparibusguaranteed

@bethmcgrath9376 8 жыл бұрын

+Beth McGrath lols that's doesn't actually even make sense😂😂 it does if you change it to current account deficit😏😂

@charlottewhalley8537 8 жыл бұрын

+Beth McGrath DON'T FORGET THE FREDOS!! The extreme knowledge of fredos will get is so far in the future , the sudden rise in the price level of fredos has made Stevo very unhappy , he's become so unhappy that he can no longer notice unexplained dinosaurs, sweet corn pens, melons, large baguettes or turnips in his classroom ,, sad times

@rheabangera6630 4 жыл бұрын

Thanks so much👏

@crimsondawn2442 2 жыл бұрын

I feel like I'm in special ed not knowing this and the way he explains it thank you.

@sivagarsivabalan1814 10 жыл бұрын

Excellent

@tushtichakraborty4149 3 жыл бұрын

Crystal clear

@SueLynCheang 8 жыл бұрын

hey! I'd like to ask, I'm looking at my A Levels text book and it puts workers remittances under current transfers. Could you please explain? :)

@gloss1138 3 жыл бұрын

4 years too late but it's because current transfers are payments where no goods/services are being paid for but given as an aid or charity, like workers sending their money to their family aka worker's remittance :))

@TheLOCOTVPRODUCTIONS 8 жыл бұрын

+EconplusDal can a 'bad investment' be a cause of a BOP disequlibrium? Say that a country makes an investments, i.e., builds a factory in country B. Now, suppose it somehow doesn't work out and the country A gets a bad return for it's investment and hence the income part of the Current Account gets a lower value than it was meant to.

@oscarvernede4863 2 жыл бұрын

Crazy how I was in Year 4 when this was made.

@darthforexvader7201 6 жыл бұрын

hi what is the best resources online for finding out up-to-date balance of trade info for trading FX please? (thank you)

@reyrbzek 10 жыл бұрын

As it is value can you therefore import more goods and services than you export but still have a positive trade balance?

@EconplusDal 10 жыл бұрын

Yes absolutely, value not volume

@TheLOCOTVPRODUCTIONS 8 жыл бұрын

@EconplusDal can a 'bad investment' be a cause of a BOP disequlibrium? Say that a country makes an investments, i.e., builds a factory in country B. Now, suppose it somehow doesn't work out and the country A gets a bad return for it's investment and hence the income part of the Current Account gets a lower value than it was meant to.

@jamesolojo787 5 жыл бұрын

No it cannot it's called the balance of payment for a reason it has to balance. Bad investment may create a deficit but that will be corrected.

@shivajackson3525 8 жыл бұрын

what is eternal blizzard ?

@minvs Жыл бұрын

so we're measuring volume right?

@saisreekar4425 3 жыл бұрын

Is financial account similar to official reserve account?

@Simran-xn7ec 7 жыл бұрын

Isn't Current Account denoted by NX where NX=X-IM ?

@supertrainmaniac 7 жыл бұрын

Will a negative trade balance reduce a country's GDP?

@ThatBlackGuyMike 9 жыл бұрын

what exam board do you base your teaching on?

@Lusco64 9 жыл бұрын

Michael he doesn't videos for all specs, you may find some stuff in each playlist irrelevant to the unit you are studying for so don't just rely on the playlist :)

@umerriaz3817 10 жыл бұрын

what you said about the income in 2.48, is it not also transfers

@EconplusDal 10 жыл бұрын

Yes you could. ONS (office for national statistics) accept income as income from employment abroad hence why I mentioned that example here. Most people generically categorise the income balance as investment income. Doesn't matter really

@umerriaz3817 10 жыл бұрын

ok thanks

@sgsdgaetvreavt6a799 3 жыл бұрын

Trade surplus is good and trade deficit is bad, right?

@navjotsingh1293 3 жыл бұрын

yep

@amanyos6147 2 жыл бұрын

Hiiii vik lol

@talebmahfoudh2425 7 жыл бұрын

Great jobs any thing about sustainability of current account please

@ravinamehta9718 8 жыл бұрын

Hello, Sir. We have searched your name everywhere. But we haven't come across you anywhere. So, can we know your name, please?

@martinmartinmartinnmartin1380 8 жыл бұрын

+ravina mehta lol why do you need his name

@stevenkirby2783 10 жыл бұрын

are we measuring quantity ?

@BalveerB 9 жыл бұрын

Steven Kirby yea i think so

@BalveerB 9 жыл бұрын

@Alex-bf7mc 7 жыл бұрын

+BalveerB fucking savage replying after the exam. Mans been mugged off.

@HMotam-dn6by 6 жыл бұрын

But Steven scored full marks in both the macro and micro economics paper.

@PureInsanity6 9 жыл бұрын

Can you do the other components of BofP for an A2 video

@EconplusDal 9 жыл бұрын

The Flather Lots more A2 videos are coming, this topic will definitely be covered

@dhruvsingh97 8 жыл бұрын

+EconplusDal Did anyone tell you are the man ? Cuz you the man!

@ytabdulahad3054 Жыл бұрын

@minvs Жыл бұрын

2:55 "the payment of EU fees so paying fees to the EU" me in my exam

@user-ig6uq6tc7f 9 ай бұрын

How can i pass this subject

@docdoc7496 7 жыл бұрын

sir, am some how confused with the positive income account with the person who doesn't bring income to his country ( as in the case of UK as you mentioned). This is because , In the statement of comprehensive income, if a company rent their asset(cars) to other ( companies) they will instead have a positive balance in their financial statement. Can you illustrate another example to me?

@mrdan3863 Жыл бұрын

sorry to say but you got aired