Y1 26) Costs and Benefits of Inflation

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Y1 26) Costs and Benefits of Inflation

Рет қаралды 92,881

Жыл бұрын

Video covering all the major Costs and Benefits of Inflation - A deep look at the costs an benefits of inflation in a economy with key evaluation points as well
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Пікірлер: 43

@user-rt1pp6yn2x 3 ай бұрын

Who else is binge watching before exams ?

@borisk205 Жыл бұрын

passed economics with an A a few years back thanks to you Dal, my teacher was an absolute joke, couldnt have done it without your vids

@eli-ii6765 Жыл бұрын

What else did you do and how did u study/write notes?And what other resources did you use

@borisk205 Жыл бұрын

@@eli-ii6765 spamming past papers helped a lot, learn to write was the examiners want to see, not what you think is correct. memorising patterns in the mark scheme helps with every subject btw. structuring your long answers to make them pleasant to read is also pretty important cus it gets your point across much more clearly. what i did was 1) definition of topic 2) point 3) explanation why 4) reference to source text 5) relate point back to question other than past papers, go through the spec or textbook and rewrite notes for each topic that you have trouble with. even if you think you know it, just by writing down notes the combination of motor function with thought does something to your memory to make it much clearer in your mind when you need to remember something during an exam. for me the main thing was writing notes on difficult topics and doing as many past papers as you can. if you run out of papers, start repeating them until you get every single question fully correct

@eli-ii6765 Жыл бұрын

@@borisk205 Thank you very much

@charliewilcox3570 Жыл бұрын

@@borisk205 ❤

@megan_429 Жыл бұрын

My current economics teacher is a joke too, been listening to Dal, learnt more in 3 hours of his videos than my economics teacher taught me in 2 years

@zainmoolji2064 Жыл бұрын

Bro got me an A this year, and still going at it for the next generation. The true economics guru fr

@LindaAndrews-ly1qf Жыл бұрын

COSTS: Loss of purchasing power: 0:42 Erosion of savings: 1:10 Lower export competitiveness: 2:28 Hyperinflation (spiral): 3:19 Fiscal drag: 5:20 Inflationary noise: 6:25 BENEFITS: Higher wages: 7:02 Natural consumption: 7:32 Firms encouraged to increase output: 7:47 Low unemployment in a recession: 8:05 Reduces real value of debt: 9:50 Improvement of government finances: 10:11

@tob2526 Жыл бұрын

Dal you carried me to an A in A-level Econ and I'll always be grateful for that. Could really do with your videos now that I'm studying it in uni 💀

@hi-pg9bp Жыл бұрын

u ate dat

@helendsouza4430 Жыл бұрын

I just finished my a level econ this summer I was watching the livestreams that u made before the exams. Thankyou so much for the help Dal, ended up getting a B. 😇😇🙂

@shakyajayasinghe6627 Жыл бұрын

your majesty, you got me through my ALs, i am forever indebted to you. i got an A for economics all because of you. thank you for your kindness

@tomclarke8012 Жыл бұрын

dal you helped me get to an A* from a D in my mock youre a real one fr ml

@Rage_1000 4 ай бұрын

any tips bro? plz

@CJM527 3 ай бұрын

@@Rage_1000stop looking at the comment section and focus

@Daniel.Blomberg Жыл бұрын

I can not praise this channel enough. Thank you for the lecture 🙏

@SKTUBE Жыл бұрын

Got the grade I wanted, big thanks to dal and his books, if you’re in year 12/13 just keep watching him trusss me

@alphamale2232 Жыл бұрын

could you do a video on, or explain here how you would answer this question? "Explain how perfect competition should lead to outcomes which are both productively and allocatively efficient."

@fotimamahmudova5002 Жыл бұрын

This guy is a legend❤

@LEGENDARY_KHAN Жыл бұрын

single handedly carried me to an A*

@user-bd2pk5de9c Жыл бұрын

If the real value of debt decreases, wouldn’t that encourage further spending( as consumers may feel less financial pressure). This can cause a inflationary spiral, leading to hyperinflation?

@alexmcaleer6086 Жыл бұрын

You got me an A* last year - good luck with teaching the next generation

@rheajoshipura30 Жыл бұрын

that's so good omg

@Rage_1000 4 ай бұрын

any tips?

@ssv8364 Жыл бұрын

Governments benefit from inflation in another way which can be included in 6) - governments usually do fixed-term contracts - e.g. "we will pay you X money in the next two years to build that highway". And this cost remains fixed when there is inflation and such costs devalue, until new contracts get signed.

@ethanashadu3916 3 ай бұрын

Goat

@David-qp9bq Жыл бұрын

I love this guy

@PaperzProvider 27 күн бұрын

do i need to know this if i am following the exedcel spec ?

@vickramvarma7879 Жыл бұрын

IM grateful for such knowledge share. Can I know how can I buy from India?

@SAVIORPAF Жыл бұрын

hey dal do you have video on primary secondary and teritary sectors adn what changes can make it sustainable? anything related to that?

@hi-pg9bp Жыл бұрын

I look forward to watching ur vids like u actually make me want to revise

@DM-fw9je Жыл бұрын

Wish you were our chancellor of the exchequers instead of the clown we have on at the moment

@alfiemahy523 Жыл бұрын

cheers dal

@freddiegrhm Жыл бұрын

Here before Mr Cope

@uniqueslib 3 ай бұрын

i don't understand the keeping unemployment low in a recession one, i can understand that because there might be demand pull inflation, demand on labor may increase to meet demand. But in a recession isn't it the opposite?

@ronikaahuja129 2 ай бұрын

People still need money to buy food and groceries etc at this new higher price that are no longer being fulfilled by the benefits (not often regulated with inflation) they may have been receiving, therefore the have to get jobs in order to maintain their standards of living. It could also be an increase in youth employment as families struggle with necessities so kids of working age help out with part-time jobs that are considered fully employed when calculating unemployment