Y1 10) Aggregate Supply - SRAS & LRAS (Classical and Keynes)
Aggregate Supply - Classical and Keynesian Interpretation. A video covering Aggregate Supply - Classical and Keynesian Interpretation
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Remember friends, in the long run we are all dead.
@maxmassetti3463
7 жыл бұрын
I prefer, In the long run we are all bread
@ac7plays152
4 жыл бұрын
Looking at it now, u were right my man (CORONA)
@senurikelly4794
3 жыл бұрын
BAHAHAHA
@_trm_4339
Жыл бұрын
Nig(g)ar
@anasabdullahi8164
8 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
"11:00" There could be a pandemic" EconplusDal predicted the future...
@chifaelebrun2738
4 жыл бұрын
he probably is working with the simpsons hahaha
@dboyagod
3 жыл бұрын
Not the first time he’s done this brow
@lots2410
3 жыл бұрын
my exact thought
@Frenk33
3 жыл бұрын
bruh I was just about to comment that XD
@julienmary349
3 жыл бұрын
I was just about to check because I knew someone would've mention it aha
Not all heroes wear capes
Legend , King , hero, all hail Lord econplusdal the saviour of a-level economics
@axelpiesold4027
2 жыл бұрын
goat
I was just looking for this video and dal dropped it 3 minutes ago. This guy...
@Josh-wd5ex
4 жыл бұрын
That's the universe looking out for man :)
MY guy was talking about pandemic in 2017!!!!
lol pandemic where have I heard that before
@mriduljain5210
3 жыл бұрын
HMMMMM
@furblinALFA
3 жыл бұрын
⊙﹏⊙
@joejackson1115
3 жыл бұрын
Looked in the comments as soon as he said it🤣
11:56 it could be a pandemic... me studying for my exams during a pandemic🤡
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_4339
5 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!
@jaket8019
3 ай бұрын
this is gcse and alevel level, phd??? @@_trm_4339
Econplusdal and chill anyone?
@kianthakrar1740
3 жыл бұрын
BRILLIANT IDEA ;)
@georgepayne6075
3 жыл бұрын
Bit sus
11:52 cracked me up!
Perfect summarization. Greetings from Turkey!
I cannot Thank you enough for your videos !
actual savior of ECO HL IB students.
This man is a freaking genuis
Forever on top 😤 thanks for everything dal
@Chadgaming_911
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
@jacks7339
Ай бұрын
@@Chadgaming_911 I'm always eager to help young economists like yourself. The answer is the first one. Keep edging.
so clear.thats awesome Sir
2:33 Dal just predicted the cossie livie crisis
yes Dal back with the videos keep it up!
This guy is a legend 😁😁
Thank you so much!!! This really helps!!!
Seriously you're GOD
Excellent!!!!!!i love this video
Excellent class, thanks,
So in like a normal question would I use the SRAS curve to like explain my point or LRAS or both
please make a video on the price mechanism
Great explanations
amazing video!
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.
Wow there are some nice bird calls in this video dal
econplusjesus indeed
could you please do another UK economy key data video for 2017 before the start of May before our exams start
Dope video
Thank you!
Thanks dude!
Is impose of indirect tax will case SRAS decrease or AD decrease ?
Can you make a video regarding the IB econ ee in economics please :)
very good video
yes daddy dal x
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
Hi Dal! Great video! In the U.K. Context isn't the y axis inflation instead of price level?
@sebastianmills-klee3929
2 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
Thanks Vick star
Thank God I looked at this last minute.
@richardfiador842
5 жыл бұрын
Great video. U r a genius
Thanks!!!!
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-xd5tl
2 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
not all heroes wear capes
Nice vid
Legend
That's soooo greaaat.
i thought that factor prices are fixed for SRAS, so how does cost of production change?
@MrSpeedyNinja
3 жыл бұрын
Have u found the answer to ur question? As I also thought the same.
@curiousmuslimah9257
3 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.
@MrSpeedyNinja
3 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
What's WIDEC? Because every time I replay, I hear "Imports cheap, imports dear"
@WhoTFIsIrre
7 жыл бұрын
Where Imports Dear, Exports Cheap.
@kavinaa9398
2 жыл бұрын
weak pounds imports dearer, exports cheaper
@marathesayu
2 жыл бұрын
@@kavinaa9398 thanks but i graduated 4 years ago
@kavinaa9398
2 жыл бұрын
@@marathesayu well done i got my exam tommoz
@marathesayu
2 жыл бұрын
@@kavinaa9398 Good luck you x
hey! Can you upload a lecture on LM curve full approach for income and employment?
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
So what is Y1?
Yeah it probably could be a pandemic
If you have a change in Costs of Production, how would you represent this on a Keynesian diagram? Can you?
@kickass1691774
7 жыл бұрын
Aadithya Ganeshram yeah you just shift the AS to the left
@Overkill7200
7 жыл бұрын
Wouldn't it be a shift up?
@theunbiaseddude
7 жыл бұрын
brah there is no such thing as shift up. its either to the left or the right
@Overkill7200
7 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.
@amariona6351
7 жыл бұрын
theres no such thing as short run on keynes as curve... its purely long run
NOT HIM PREDICTING THE PANDEMIC
Does the legend reply ???
Being up ecom
the goaaaat
plz tell shortcut full term SPICED And WIDEC
@Totalgamerz112
6 жыл бұрын
Strong Pound Imports Cheap Exports Dear (expensive) and Weak [pound] Imports Dear (expensive) Exports Cheap.
GOD
Macro is so much more difficult for me to understand 😊
Bro predicted the pandemic
EXAM IN 2 DAYS LESGOOOO
@yuwang7980
3 жыл бұрын
@@jamesedwards3301 huh?
Gains
At 11:00 dal Predicted covid 19 😂
15 mins blimey
Please come and be our teacher (International School of Manila)
marry me econplusdal
;)
Anyone watching 2017?
@will5723
4 жыл бұрын
Josh Paulson 2020
@JimJam-ju6vn
3 жыл бұрын
@@will5723 2021
@kavinaa9398
2 жыл бұрын
2022
@sebastianmills-klee3929
2 жыл бұрын
2022 😂
@TheShadowsProductionOfficial
7 ай бұрын
Watching in 2023
ur cute bro
Pandemic 😂
It feels like I am being taught by a panda
@1RAGEACE
5 жыл бұрын
RUDE!!!!!!!!!!!!!!!!!!!!!!!!!!!!
college is a joke