Y1 38) Supply Side Policies (Interventionist and Market Based) - With Evaluation

  Рет қаралды 191,858

EconplusDal

EconplusDal

2 жыл бұрын

Supply Side Policies (Interventionist and Market Based) - With Evaluation. Video covering everything you need to know regarding supply side policies (interventionist supply side policies and market based supply side policies)
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Пікірлер: 116
@finlaygregory6633
@finlaygregory6633 Жыл бұрын
Bros a literal supply side policy for education
@olafgustav6810
@olafgustav6810 9 ай бұрын
He isn’t a policy buddy
@nupurpria3602
@nupurpria3602 7 ай бұрын
Well for eco students he is coz they come here to be productive and increase their knowledge capacity so he is in a way policy 😂😂😂😂😂😂
@dolphiner1376
@dolphiner1376 4 ай бұрын
I needed a good non bias kinda view to form an opinion
@opsgreen5216
@opsgreen5216 3 ай бұрын
the word literal suggests that this is a normative statement and so is biased
@Ezphi
@Ezphi 2 жыл бұрын
bro is a living legend
@master4755
@master4755 2 жыл бұрын
i cancelled the like to keep it at 69 :D
@krishkodali1841
@krishkodali1841 2 жыл бұрын
Ive watched around 8 hours of your videos today and I still feel like hour one, ready to go and excited to learn. I appreciate you Dal!
@gregg6077
@gregg6077 2 жыл бұрын
did you not reach negative marginal utility
@krishkodali1841
@krishkodali1841 2 жыл бұрын
@@gregg6077 the utility of dal's videos is forever maximized my friend
@master4755
@master4755 2 жыл бұрын
@@krishkodali1841 law of increasing marginal utility :)
@saaromessi4343
@saaromessi4343 2 жыл бұрын
Awee Krish u cutie pie
@krishkodali1841
@krishkodali1841 2 жыл бұрын
@@saaromessi4343 Saar❤️😍🤩
@user-ub5ij6mq3y
@user-ub5ij6mq3y Жыл бұрын
thank you man, just because of you I have passed my exams. I managed to not study at all then watch your videos and become homo economicus god. Love you!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
@MarkQub
@MarkQub 2 жыл бұрын
your videos are absolutely LEGENDARY
@embrey7021
@embrey7021 Жыл бұрын
Also you can evaluate whether deflation will occur in the economy if you have used that as a advantage of an SSP. For example with interventionist SSP's AD will increase due to rising government spending therefore meaning the LRAS shift will not cause deflation
@Josh-ud1vr
@Josh-ud1vr 2 жыл бұрын
Bro is just writing essays for us
@rahimshahzad2431
@rahimshahzad2431 2 жыл бұрын
Living legend saving our asses
@tomh383
@tomh383 2 жыл бұрын
Econdaddy 👑
@abubakkkaridrees9603
@abubakkkaridrees9603 3 ай бұрын
You are literally a gem!
@ric6383
@ric6383 Жыл бұрын
Well done EconplusDal.
@naomihepworth1642
@naomihepworth1642 Жыл бұрын
Brilliant vid. Shocked by the terminology ‘negative stakeholder impacts’ 😱😱😱😱 Distressing for someone who has studied more psychology than economics! I’d have gone with ‘human cost’ at least. So we’ll explained tho.
@sitkhaa
@sitkhaa Жыл бұрын
Stakeholder also includes the government, producers and other economic agents which is why they're all summarized as "stakeholders". It's not meant to be derogatory
@BritishRifleman
@BritishRifleman 2 жыл бұрын
How does someone dislike this?
@umarhc
@umarhc 2 жыл бұрын
they don't
@nelsonwang9706
@nelsonwang9706 Жыл бұрын
Thank you so much!! Saved my exam lol
@ea1766
@ea1766 2 жыл бұрын
My bro 💪🏾
@user-jx8xf2pk5c
@user-jx8xf2pk5c Күн бұрын
Could you do a video on supply-side policies and the macroeconomic objectives? Your videos are amazing. Thanks so much!
@polace9843
@polace9843 2 жыл бұрын
coldd 🥶
@De_Islamic_Stories
@De_Islamic_Stories 5 ай бұрын
dedicating whatever grade i get (hopefully good) to him😎
@jakepeto2496
@jakepeto2496 2 жыл бұрын
loving the new outro mate
@kevingyamfi3246
@kevingyamfi3246 2 жыл бұрын
Dal the king
@tvatv1530
@tvatv1530 2 жыл бұрын
Thank you
@janenelisafreitas6071
@janenelisafreitas6071 Жыл бұрын
You are brilliant
@anindadatta164
@anindadatta164 2 жыл бұрын
Can import duty reduction be considered as market related supply side policy, as the entire global supply is available to a single country at a reasonable price, thus effectively making the supply line of that product parallel to the GDP axis(X-axis).
@norahalex7804
@norahalex7804 Жыл бұрын
Yes this falls under trade liberalisation point
@alvinlam7998
@alvinlam7998 2 жыл бұрын
amazing stuff
@memetaldemir1205
@memetaldemir1205 2 жыл бұрын
big up dal uno
@ahmedabdi9950
@ahmedabdi9950 2 жыл бұрын
Legend!!
@jaymehta4226
@jaymehta4226 2 жыл бұрын
if someone could send me the link for the contractionary monetary and fiscal policy videos, it would be much appreciated
@blacksnow8070
@blacksnow8070 Жыл бұрын
Same I dont think he made those videos
@timbo8262
@timbo8262 2 жыл бұрын
Loving the content man, Great help, Legend. One question though, at the start of the video about achieving macro economic objectives, if long term rates of inflation decrease resulting in a stronger exchange rate wouldn't that make exports more expensive making them less competitive on the world market? You could argue this would fail to improve the B.O.P as demand for exports would fall and demand for imports would rise as they become cheaper. Don't fully understand that part.
@toddtaylor5282
@toddtaylor5282 2 жыл бұрын
With deflation, workers can not argue for higher wages and hence do not feel as wealthy and therefore do not suck in imports from abroad, decreasing the value of imports. Also, our exports become more competitive for foreign countries and hence the value generated from exports increases significantly, giving an improvement in the BOP.
@harryhardy5063
@harryhardy5063 Жыл бұрын
Can’t believe my exam is in an hour
@javyroo9405
@javyroo9405 Жыл бұрын
Why did u revise macro for a micro test mate 😂
@harryhardy5063
@harryhardy5063 Жыл бұрын
@@javyroo9405 Supply-Side Policies can be used in macro because they increase the supply of goods which will lead to economic growth but they can also be used in micro-economic policies because they aim at making markets and industries operate more efficiently and contribute to increasing levels of growth of real national output. That’s what I’ve been taught by my teacher but I’m no economist aha 🤣
@_ProjectHadassah
@_ProjectHadassah Ай бұрын
real 💀
@tracytay3215
@tracytay3215 17 күн бұрын
Love your videos! However, isn't subsidies to promote investment to firms are free market supply side policies? As you cannot force firms to perform invest actions
@af7758
@af7758 3 ай бұрын
Bro by watching your videos the ppc has shifted outwards as labour has become more productive
@thedogsaidmiaw_123
@thedogsaidmiaw_123 11 ай бұрын
thank u i love you
@snappy_one9120
@snappy_one9120 2 жыл бұрын
can you explain why the supply curve is vertical?
@mattimakadsi
@mattimakadsi Жыл бұрын
Its the classical theory rather than the Keynesian theory. Classical economists believe that in the long term, the economy is always at full capacity and therefore always at full employment.
@user-bf8yq7dq5r
@user-bf8yq7dq5r 2 ай бұрын
Isn't lower income tax a demand-side policy. It increases disposable income, making demand for goods services bigger. How does that increase productive potential? It makes sense for lower corporation tax to increase productivity
@akshitamodi8222
@akshitamodi8222 Жыл бұрын
Awesome videos! Quick question: Can you also use a positive output gap diagram to show an increase in productive potential of the economy when using supplly-side policy measures?
@mariskaa_
@mariskaa_ 3 ай бұрын
I think so
@nikilkila467
@nikilkila467 2 жыл бұрын
🐐🐐
@olivermccourt1226
@olivermccourt1226 Жыл бұрын
Unreal stuff
@snappy_one9120
@snappy_one9120 Жыл бұрын
Doesnt a increase in the LRAS automaticly also lead to an increase in demand (bcs of more jobs) and hence inflation?
@MCart1215
@MCart1215 Жыл бұрын
you can show the demand increasing, but there is no inflation as the increased supply pushes the price level down anyway. So in the end, you can show the economy operating at higher RGDP at the same price level.
@zhetinggu4300
@zhetinggu4300 2 жыл бұрын
legend!!!!!!!!!!!!!
@jasraaj_9483
@jasraaj_9483 Жыл бұрын
thnx vikkstar
@simranbhogal9355
@simranbhogal9355 Жыл бұрын
bruv he looks identical to Vik 😂😭
@arjunsinha3841
@arjunsinha3841 2 жыл бұрын
The goat
@crazy_szn8553
@crazy_szn8553 2 жыл бұрын
Cheers dal
@frankayling8370
@frankayling8370 2 жыл бұрын
The 🐐
@diadaryanani1956
@diadaryanani1956 2 жыл бұрын
Love u g💗💗
@elliotwebb4194
@elliotwebb4194 2 жыл бұрын
EconGOATdal
@danielgilsousastb2657
@danielgilsousastb2657 2 ай бұрын
mf simply clutching up my econ IB score
@elspethkatiebella
@elspethkatiebella 2 жыл бұрын
DalDalDalDalDalDalDalDalDalDalDalDalDalDalDalDalDalDalDalDalDalDalDalDal
@Major-kc9uj
@Major-kc9uj 2 жыл бұрын
🙏🏽🙏🏽
@JK-vm7yo
@JK-vm7yo 2 жыл бұрын
The question is will i be able to revise all three policies in 4 days hmm
@umarhc
@umarhc 2 жыл бұрын
yes
@JK-vm7yo
@JK-vm7yo 2 жыл бұрын
@@umarhc I did- this shit is piss and my exam went ok tbf
@umarhc
@umarhc 2 жыл бұрын
@@JK-vm7yo Congrats what exam board u with?
@JK-vm7yo
@JK-vm7yo 2 жыл бұрын
@@umarhc Im in year 12 and with AQA
@umarhc
@umarhc 2 жыл бұрын
@@JK-vm7yo ohh it was a mock. Mine is the real ones happening rn. U seem to be doing the right thing just stay consistent and you'll be great next year.
@barclaymorgan2169
@barclaymorgan2169 3 ай бұрын
please can you explain how tax reform is not interventionist because the government surely is the one who changes it? cheers
@ella_mcgov2013
@ella_mcgov2013 2 ай бұрын
Because they remove goverment intervention technically the goverment intervenes but with all market based reforms the goverment has to remove control
@iw_has_gone
@iw_has_gone 2 ай бұрын
as you learn in micro, generally the free market will most efficiently allocate resources. market based policies are based on that assumption, the idea that reduced taxes will encourage people to spend their money in the most rational way possible. interventionist policies assume market forces alone cannot allocate these resources efficiently therefore the government must implement policies to correct any market failure - essentially correcting positive externalities in consumption
@kavishkumar9
@kavishkumar9 Жыл бұрын
Why would SSP not be used in a recession?
@stefanprokopiev8483
@stefanprokopiev8483 Жыл бұрын
Because in a recession you are trying to get the economy running and you want inflation; these supply side policies are mainly for preventing inflation once the economy is booming, therefore, you need to divert attention to expansionary demand side policies
@jamescavan9187
@jamescavan9187 Жыл бұрын
🐐🐐🐐
@fincroll1854
@fincroll1854 2 жыл бұрын
up the dal
@jaspermbinjama941
@jaspermbinjama941 3 ай бұрын
What is lras?
@zainramzan2246
@zainramzan2246 2 жыл бұрын
goat
@mika1204
@mika1204 11 ай бұрын
let him cook
@user-gc9mq7fl7l
@user-gc9mq7fl7l 4 ай бұрын
Let him cook what? Pls don't write nonsensical things here because that's really annoying. Here's helping us for crying out loud yet you are saying this nonsense. I can't stand your nonsense.
@mika1204
@mika1204 4 ай бұрын
@@user-gc9mq7fl7l bro restarted
@HapNinja
@HapNinja 3 ай бұрын
@@user-gc9mq7fl7l tf
@alisuglime3275
@alisuglime3275 20 сағат бұрын
​@user-gc9mq7fl7l Lmao you're either stupid or retarded
@rohanoruganti3805
@rohanoruganti3805 2 жыл бұрын
W
@happyzhang5218
@happyzhang5218 2 жыл бұрын
👍👍👍👍👍👍👏👏👏👏👏👏💖💖💖💖💖💖
@jowanpeckrugby3221
@jowanpeckrugby3221 2 жыл бұрын
1st comment 🤪🤪
@SEJl_
@SEJl_ Жыл бұрын
I WILL increase the GDP of your country Dal.
@bencroll9073
@bencroll9073 2 жыл бұрын
why is tax reform considered a market based policy when tax rates are controlled by the government, does that not mean they are interventionist. econplusdal i have a shrine of you in my house
@MCart1215
@MCart1215 Жыл бұрын
Reducing taxes is market based as it allocates more money into the market and less into the government - INCREASING tax is interventionist as it does the opposite
@archee2364
@archee2364 2 ай бұрын
Thank you
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