Dal is an exceptional teacher who has a deeper understanding of business subject and knowledge. His explanation is clear and easy to understand with variety of examples and applications to real world problem solving.
Just started Economics AS and just started watching you. Your videos are amazing and I am now relieved because I'm sure ill have a great time learning this fun and complex subject along with you!
2:22 its 15 laptops but you probably didnt even realise because you said 15 afterwards. Thanks for these videos I am learning economics A-level by myself (and you)
Really helpful,I'm currently a student from a university as I didn't follow this as a subject for alevels it was hard for me,but now after watching your videos ,I'm catching up the subject really fast, Thank you Sir for the clear explanations❤
IS - investment and savings - relating to public and private savings - affected by fiscal policy and private investment LM - liquidity money - depends on monetary policy (increasing/decreasing the money supply)
That face at the end of your comment was completely unnecessary, it is in fact a misallocation of resources as your time could've been spent better elsewhere. Not to forget the negative externality in production you've generated because of it, now I'm here after reading to make sure you're aware that you're allocatively inefficient. Your ppf should be in the negatives rn sorry to say
1. Maximum possible production of 2 goods/services with given factors of production. 2. The various combination of 2 goods/services that can be produced.
hes trying to say that increasing the production of laptops in that part of the curve is more favourable as there will be a larger amount of laptops produced with a lower amount of tablets not being produced (so basically, less oppurtunity cost).
Why isn’t a point inside the curve parato efficient because when inside the curve, you can make tablet consumers better off without affecting laptop consumers?
Yh this is the year 1 economics spec so if you're in yr12 right now this is what you should be going over and if your exam board is OCR you're in the right place
why is it that when they "move to specialistion in tablets, it means their factors of production are more suitable to laptop production", it doesnt make sense?
he means in this specific example. you can see that when the tablet production increases the laptop production is dropping off massively but when the laptop production increases the tablets only drop off in smaller amounts meaning with the tools they have they are more suited to producing laptops at a higher rate as tablets are also being produced at a high rate in comparison.
Our Modern Father and Saviour of Economics here, bless him
Facts yo
Don’t even do economics any more but I still watch Dal #EconPlusDaddy
Cool
@Jacob Duffy sez u
As a teacher myself I can confidently say that you're a very good teacher. Bravo!!
shut up
@@jampastie5497 no need to be rude💀💀
Game respects game!
Yes he is very good
If you are reading this comment you aren’t focusing on the video. Scroll right back up, stop procrastinating and watch the video.
:(
Yeah, you're right
I'm reading in last min🥲🥲🥲
now um reading replies to this comment
@@tuffguy8656 allow it man
Our teacher favours your channel over others and I can see why. Thanks for explaining this in such clear detail!
may not fail my final econ paper tmr cos of u, bless up G
AAA NJGV did u pass it g
@Elyas Unknown Lets come back in another 4 months to see if he responds
what went wrong g
Yeah, he failed
Lol, got mine tomo to, micro paper 1 i aint gonna fail to
by watching his video i realized how much info we can achieve from a 15min video, i litly spent 40min and took 6 pages of notes
Dal is an exceptional teacher who has a deeper understanding of business subject and knowledge. His explanation is clear and easy to understand with variety of examples and applications to real world problem solving.
This guy is actually the goat of Economics
#EconPlusDaddy
Pappy;) :D
I got A* in A level economics because of you. Thanks
BRO HELP ME
@@plty3931 LMAO R u in year 12?
@@hi-pg9bp 11. Taking my A lvls next yr
As a teacher i appreciate what u have done for the community, me and my students would like to say Thank You!
Just started Economics AS and just started watching you. Your videos are amazing and I am now relieved because I'm sure ill have a great time learning this fun and complex subject along with you!
2:22 its 15 laptops but you probably didnt even realise because you said 15 afterwards. Thanks for these videos I am learning economics A-level by myself (and you)
Honestly you are doing the Lord's work. Thank you so much mahn!
I just finished my economics paper today. Thanks econplus💯
Thank you this video is really useful and I'm currently studying A level economics and this has refreshed what I've learnt- amazing video!!!
Really helpful,I'm currently a student from a university as I didn't follow this as a subject for alevels it was hard for me,but now after watching your videos ,I'm catching up the subject really fast, Thank you Sir for the clear explanations❤
you just made me like economics and keep it as my AS! THANKS, you are helping so many people for free!! WE APPRICIATE YOU!
Dal I beg you make Uni economics videos. I'm out here struggling with IS-LM....
IS - investment and savings - relating to public and private savings - affected by fiscal policy and private investment
LM - liquidity money - depends on monetary policy (increasing/decreasing the money supply)
Bro is better than my actual teacher
thank you so much for your vids! best teacher in economics I ever came across!
Thank you sir, you make my life to be so easy
vikkstar helping me with economics what a king
racism isn't tolerated in today's society and I'm black so it doesn't matter the colour of your skin
A racist one
A costly one
We have to understand the limits and the borderline, especially in today’s day and age
Whatever man
bro answered my every single question😀
Love these. I'm teaching economics for the first time this year and these videos are brilliant to help me with pitching. Thank you.
bro is even teaching teachers how to teach students 😂 What a legend
@@plty3931 teachers teach teachers. That's how we learn to do our jobs.
@@robyn2791 yea just realised. In fact my mom is a teacher
I'm doing Econ IB and this is beyond helpful thank u so much!
not me understanding economics better , you are brilliant
the best channel i found.
well explained, clear and easy to understand . thank you sir. want to see more
I learn a lot about teaching Economics thru your videos. Thank you. I even show your videos for my students:)
not the best at explaining then are you
You should be my uni instructor for this course. Thank you for enabling me understand the lessons while he failed to do this
Love you Dal
my lord and saviour omg
my teacher suggested to watch you. Now I see how she has soo many 7 students
#EconPlusDaddy thank you for saving my A Level
You the best man keep making those videos
Honestly thank you so much! I'm loving Economics because of your videos! (>~< )
That face at the end of your comment was completely unnecessary, it is in fact a misallocation of resources as your time could've been spent better elsewhere. Not to forget the negative externality in production you've generated because of it, now I'm here after reading to make sure you're aware that you're allocatively inefficient. Your ppf should be in the negatives rn sorry to say
@@ViralClipsTube your reply was an oppurtunity cost
@@sebiclark5843 Sure I mean, everything has an opportunity cost. Although my reply was pareto efficient. So we good
@@ViralClipsTube dawg ☠️
@@plty3931 😂
soooooo great !my economic teach use this video to teach us during she was having Covid19 ！！！！！really helpfui
saving my A levels you legend
You're a top guy dude. Thanks a lot.
Amazing lesson! Very informative and helpful 😊
Do you understand what he’s saying at 4:38
@@Precious3339Yes
@@Mbali.Balabalacould you explain
Dal, you are a hero!
1. Maximum possible production of 2 goods/services with given factors of production.
2. The various combination of 2 goods/services that can be produced.
Nice one , this has made me understand Econ
İt would be great if you make problem solutions, you are great by the way👏👏
thank you ..now its very clear. thank you Dal
If the line is a straight downward slope on a ppf graph is the opportunity cost constant or increasing?
You saved me!!
you are sooooo great!!! as clearly and meaningful!!!! thumbs up!!!!
I don't understand it @ 4:15 how are the factors of production favored towards laptops if less are being produced?
hes trying to say that increasing the production of laptops in that part of the curve is more favourable as there will be a larger amount of laptops produced with a lower amount of tablets not being produced (so basically, less oppurtunity cost).
I love this guy
Great video thanks a lot for your help
Wow you explained this very well
my goat
Do you understand what he’s saying at 4:38
Respect Dal!
Why isn’t a point inside the curve parato efficient because when inside the curve, you can make tablet consumers better off without affecting laptop consumers?
hello thankyou for the video!
Love you x
0:00 to 14:35 is the best
THANK YOU SO MUCH!
love you sir
goated
Excellent !!
LEGEND
A goat
DAL ARMYYYY
legend
good explanation
Well explained!
u da man!
super class sir🙏
Thank You! VeRY ePic
your so helpful xx
love u dal
You are a fucking Legend!
Mind your language son
Hero
man sounds like rishi sunak
No he doesn’t.
This man is so beautiful
Is this fine for edexcel
I think so but I'm not sure
Pareto efficiency wouldn't apply if there was an expansion or an outward shift ye?
It would just move along with the curve, Pareto efficiency is anywhere on the current PPF in time.
Is the curve ever convex?
yes, when there is decreasing opportunity costs
@@yudichauhan890 yes but in any real world scenarios?
@@samuelcampion6120 yes
if im doing my A level next summer, is this the right spec?
Yh this is the year 1 economics spec so if you're in yr12 right now this is what you should be going over and if your exam board is OCR you're in the right place
why is it that when they "move to specialistion in tablets, it means their factors of production are more suitable to laptop production", it doesnt make sense?
me too
he means in this specific example. you can see that when the tablet production increases the laptop production is dropping off massively but when the laptop production increases the tablets only drop off in smaller amounts meaning with the tools they have they are more suited to producing laptops at a higher rate as tablets are also being produced at a high rate in comparison.
Wow
This is the modern Adam Smith or David Ricardo.
Can it be in 3 goods??
Thanks 🙏
what is Q2 CELL?
Q^2Cell represents Quality & quantity of each factor of production. It's a good way to remember how a PPF can shift.
is it possible for the PPF curve to be inverted?
Yes absolutely Matti - an inverted PPF represents decreasing opportunity cost of production
75-60=16
You're cute. Thank you for your knowledge and wisdom.
In which circumstances the PPF curve will be inverted???
Do you mean bowed in? I think decreasing opportunity cost
lol my guy
7:31
Dal ? ua-cam.com/video/93rN5dklH4c/v-deo.html
no thats not him lol
4:17