Aggregate Supply - Classical and Keynesian Interpretation. A video covering Aggregate Supply - Classical and Keynesian Interpretation Instagram: @econplusdal Twitter: / econplusdal Facebook: www.facebook.c...
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@lucaslosantos83074 жыл бұрын
"11:00" There could be a pandemic" EconplusDal predicted the future...
@chifaelebrun27384 жыл бұрын
he probably is working with the simpsons hahaha
@dboyagod3 жыл бұрын
Not the first time he’s done this brow
@lots24103 жыл бұрын
my exact thought
@Frenk333 жыл бұрын
bruh I was just about to comment that XD
@julienmary3493 жыл бұрын
I was just about to check because I knew someone would've mention it aha
@jerryto8037 жыл бұрын
Remember friends, in the long run we are all dead.
@maxmassetti34637 жыл бұрын
I prefer, In the long run we are all bread
@ac7plays1524 жыл бұрын
Looking at it now, u were right my man (CORONA)
@senurikelly47943 жыл бұрын
BAHAHAHA
@_trm_4339 Жыл бұрын
Nig(g)ar
@anasabdullahi816411 ай бұрын
No revise until your hair falls out and then it’ll be worth it when you work a 60k salary monotonous boring office job after 24 hard years of studying yhyhyhyhyh
@mert.a42407 жыл бұрын
Legend , King , hero, all hail Lord econplusdal the saviour of a-level economics
@axelpiesold40272 жыл бұрын
goat
@hardevh40407 жыл бұрын
Not all heroes wear capes
@DR-ld4jn7 жыл бұрын
I was just looking for this video and dal dropped it 3 minutes ago. This guy...
@Josh-wd5ex4 жыл бұрын
That's the universe looking out for man :)
@aftikharmominzada19124 жыл бұрын
MY guy was talking about pandemic in 2017!!!!
@aeronwynschache22575 жыл бұрын
You have saved me and put my lecturer out of a job! Your explanations are so clear and detailed. The videos are perfect for my third-year economics classes. :D
@GgGg-tz1tl Жыл бұрын
no way this is university level, im 16 and im studying this at high school
@hobiiiiiiiii2699 Жыл бұрын
@@GgGg-tz1tl I WAS ABOUT TO SAY CUZ SAME
@thesnackbandit Жыл бұрын
@@GgGg-tz1tl Yeah right? This is a crazy comment. This stuff is Y1/ prerequisite Uni level because beyond that it's mostly mathematical modelling/
@_trm_43397 ай бұрын
3rd year?? Wow. I am currently completing my phD in Economics and social policy and we have only just started learning this. Your class must be very smart!
@jaket80196 ай бұрын
this is gcse and alevel level, phd??? @@_trm_4339
@Josh-hs8hk4 жыл бұрын
lol pandemic where have I heard that before
@mriduljain52104 жыл бұрын
HMMMMM
@furblinALFA4 жыл бұрын
⊙﹏⊙
@joejackson11153 жыл бұрын
Looked in the comments as soon as he said it🤣
@sarabordiga8143 жыл бұрын
11:56 it could be a pandemic... me studying for my exams during a pandemic🤡
@user-ct4xu8tk5x3 жыл бұрын
Econplusdal and chill anyone?
@kianthakrar17403 жыл бұрын
BRILLIANT IDEA ;)
@georgepayne60753 жыл бұрын
Bit sus
@TheJosh19667 жыл бұрын
11:52 cracked me up!
@berke-ozgen2 жыл бұрын
Perfect summarization. Greetings from Turkey!
@Ryan-tz2rg3 жыл бұрын
This man is a freaking genuis
@louisacrevecoeur72735 жыл бұрын
actual savior of ECO HL IB students.
@rumpus80957 жыл бұрын
please make a video on the price mechanism
@kickass16917747 жыл бұрын
yes Dal back with the videos keep it up!
@jacks73396 ай бұрын
Forever on top 😤 thanks for everything dal
@Chadgaming_9114 ай бұрын
Hey , aggregate supply is the total amt. Of goods and services that are produced and supplied in an economy . Or Aggregate supply is the total amount that all the entrepreneurs in an economy taken together must receive at given level of employment. So these both are correct and same or they are different Please clear my doubt... It looks like you have understood
@jacks73393 ай бұрын
@@Chadgaming_911 I'm always eager to help young economists like yourself. The answer is the first one. Keep edging.
@jakepeto2496 Жыл бұрын
2:33 Dal just predicted the cossie livie crisis
@donasikdar72323 жыл бұрын
I cannot Thank you enough for your videos !
@mausambi6136 жыл бұрын
Seriously you're GOD
@tersechrisgogo6 жыл бұрын
econplusjesus indeed
@anmoldedha4089 Жыл бұрын
Remember while studying keynes AS that it was develop during great depression and to explain failure of classical theory in depression. So that you can understand it better why keynes talked this idea of AS. “ monetary authorities and govt have to do something in short run otherwise Long run never come “ John keynes , 1933
@amberredhead31523 жыл бұрын
NOT HIM PREDICTING THE PANDEMIC
@alumi98184 жыл бұрын
So Keymesian model just combines SRAS and LRAS into one? Seems to me like classical interpretation is more useful for considering smaller periods of time, and Keymesian otherwise.
@conordevlin3037 жыл бұрын
could you please do another UK economy key data video for 2017 before the start of May before our exams start
@danielo95554 жыл бұрын
i thought that factor prices are fixed for SRAS, so how does cost of production change?
@MrSpeedyNinja4 жыл бұрын
Have u found the answer to ur question? As I also thought the same.
@curiousmuslimah92574 жыл бұрын
Not all costs are fixed in the short run. There are variable costs eg cost of production which changes accoring to output level.
@MrSpeedyNinja4 жыл бұрын
its more to do with the fact that the shape of the SRAS curve is based on fixed factors of production but when they change, it causes a shift in sras
@joejenks41815 жыл бұрын
yes daddy dal x
@korbenbyrne82213 жыл бұрын
Yeah it probably could be a pandemic
@mooncrestt59416 ай бұрын
So in like a normal question would I use the SRAS curve to like explain my point or LRAS or both
@nelsonvalderrama83715 ай бұрын
Excellent class, thanks,
@WatoFBA6 жыл бұрын
Wow there are some nice bird calls in this video dal
@classiccatastrophe15182 жыл бұрын
not all heroes wear capes
@sb-wb5pt4 жыл бұрын
This guy is a legend 😁😁
@lukaswilliams41088 ай бұрын
Nice vid
@zahin7026 жыл бұрын
Can you make a video regarding the IB econ ee in economics please :)
@odsaod8233 ай бұрын
Thanks Vick star
@ana-lisa59623 жыл бұрын
In this video you say that SRAS may change because of COP rising or falling and you said that SRAS may be shifted because of wages, I watched your other video where you say that in the SR wages are fixed, I'm a lil bit confused about whether it shifts SRAS or not @EconplusDal
@Blalalala-xd5tl2 жыл бұрын
They’re supposedly fixed, but if you think about it, we’ve seen it happen live throughout the pandemic, people have had to take pay cuts etc or have been made redundant, this would be to cut costs as the wages aren’t as affordable without business performance, someone can correct me if I’m wrong, but the logic is there, I think it’s more of an assumption that wages are fixed, you’ve gotta remember there are so many assumptions in economics, Such as the assumption that consumers are thinking rationally and wish to maximise their private benefit, yet you have to ask yourself, do all consumers actually act rationally? Fuck no lol
@shuaichuchen92775 жыл бұрын
Thank you so much!!! This really helps!!!
@andrewdando25426 жыл бұрын
Thank God I looked at this last minute.
@richardfiador8426 жыл бұрын
Great video. U r a genius
@jas0ndrinkbeer87 жыл бұрын
Hi Dal! Great video! In the U.K. Context isn't the y axis inflation instead of price level?
@sebastianmills-klee39292 жыл бұрын
General Price Level is the measurement of overall prices, so is reliant on inflation to increase or decrease, inflation means rising prices means rising price level
@bhatsumair386Ай бұрын
Thankyou so much 🙏🏿
@romant60183 жыл бұрын
Does the legend reply ???
@nickymaboreke15304 жыл бұрын
so clear.thats awesome Sir
@adamaziz53 жыл бұрын
So what is Y1?
@tarisaindhlovu-de5ye10 ай бұрын
Great explanations
@blobar12313 жыл бұрын
Thanks dude!
@amantle89886 жыл бұрын
Excellent!!!!!!i love this video
@onawong27734 жыл бұрын
Is impose of indirect tax will case SRAS decrease or AD decrease ?
@kyivstuff4 жыл бұрын
Thank you!
@avikmehta2696 Жыл бұрын
amazing video!
@flutely Жыл бұрын
Hi, Can you refer some good books to study from for macro economics?
@MS-qk5cz Жыл бұрын
for a level get the cgp alevel economics book
@marathesayu7 жыл бұрын
What's WIDEC? Because every time I replay, I hear "Imports cheap, imports dear"
@WhoTFIsIrre7 жыл бұрын
Where Imports Dear, Exports Cheap.
@kavinaa93982 жыл бұрын
weak pounds imports dearer, exports cheaper
@marathesayu2 жыл бұрын
@@kavinaa9398 thanks but i graduated 4 years ago
@kavinaa93982 жыл бұрын
@@marathesayu well done i got my exam tommoz
@marathesayu2 жыл бұрын
@@kavinaa9398 Good luck you x
@duolingo0552 Жыл бұрын
Bro predicted the pandemic
@AG-om3sv7 жыл бұрын
If you have a change in Costs of Production, how would you represent this on a Keynesian diagram? Can you?
@kickass16917747 жыл бұрын
Aadithya Ganeshram yeah you just shift the AS to the left
@Overkill72007 жыл бұрын
Wouldn't it be a shift up?
@theunbiaseddude7 жыл бұрын
brah there is no such thing as shift up. its either to the left or the right
@Overkill72007 жыл бұрын
not necessarily, if you shift left or right on a keynesian as curve that implies a change in the productive capacity of the economy, but a short run change such as a change in oil prices wouldn't shift lras. Actually I don't know for sure, I just had some faint memory from y11.
@amariona63517 жыл бұрын
theres no such thing as short run on keynes as curve... its purely long run
@adriantwlok6 жыл бұрын
Dope video
@FaizanNasir3 жыл бұрын
very good video
@Sammig8 Жыл бұрын
Macro is so much more difficult for me to understand 😊
@gaganmakkar49917 жыл бұрын
hey! Can you upload a lecture on LM curve full approach for income and employment?