Watch this channel properly. This has EVERYTHING you need. In micro there will ALWAYS be a question on market structure and ALWAYS one on market failure. For example. On Macro ALWAYS one on inflation/unemployment etc... And ALWAYS one on Trade @maryamkhan1724
I had my A Levels last year, and this man took me from a C on my mocks to an A on the actual exam, and only a few marks of an A*. This man is a true legend!
your the GOAT. my unit 1 exams was at the 9th of may and one month ago i had no clue how i was gonna pass the exams until i stumbled upon you. I learnt the most amount of knowledge within the shortest period of time and i smashed the unit 1 paper and am confidence ill get the full ums.. im doing iAL economics btw. thank you dal from the bottom of my heart🥰
buddy you saved me for my alevels econ. i didnt pay attention and learnt everything in the last week using your videos and ended up with an a in paper 1 and 2. i actually miss economics its so interesting
@@stormz8921 yeah his videos are incredible. My mum did buy me a book I forgot the name but it was very very good and the first question and the other long mark question in paper 1 was very similar to the one in the book I had so ik I got very high in paper 1.
thank you dal u legit saved my econ cuz my teacher DOES NOT TEACH in class, its always free lessons in his class i got 100 UMS in micro in jan, i hope i get 100 ums in macro as well (1 hr to the exam :D)
Guys remember to learn how to derive utility functions for giffen goods and how compensating variation is better than equivalent variation! Could definitely come up!
Dal do you think for the first essay it would be better to do: a) one point against and one point for the government intervening b) two points for the government intervening and evaluate with the against points.
I prefer doing the first and evaluating within those points and pick the argument that I think is best for my conclusion and do further evaluation there
regressive rather than progressive is as follows: The NMW arguably prices low/unskilled workers out of the labour market as their MRP can't justify them being paid the NMW. If your MRP for example as a low skilled worker is £8/hour, yet the NMW is £10/hour, firms make a loss by employing you, as what you offer is less than what you receive. This means that firms stop employing low/unskilled workers, where they would have beforehand at a lower salary. If the NMW was f6/hour however, and the MRP of low or unskilled workers exceeded that, then firms would be willing to employ workers as they can justify their wages. A lower salary is also arguably better than no salary at all. The NMW can make it difficult for people searching for short term positions to get experience which can contribute to long term structural unemployment and hysteresis.
@@ilhaamaminu1682 i’d talk abt how firms will substitute workers for capital so this causes less employment opportunities or more ppl more comp for same jobs
I have my exam tomorrow, I will update how I feel about it lol. Edit: The paper was actually pretty generous. I think I did alright on it, minimum a B I think... now for macro and themes 😭
what if context a and context b are on labour markets 0-0 e.g one on monopsy and the other on idk poverty? re-disrtbtuion of income/wealth? gender pay gap? labour discrimination
@@destroyofficial984they asked that last year and the year before I missed out labour markets too do renationalisation of water industry and make sure you know the efficiencies and EOS and you’ll be good
@@osoulex4327 that is a womp womp I can’t lie. Unless the marking criteria has changed trust me that A-Level economics is as simple as remembering graphs and term definitions, and then waffling about it: this leads to this causes this etc
Dal you saved my Econ and my friends and I got A* - coming back to this to wish everyone the best of luck this year !
can you give tips on how to get A*
Watch this channel properly. This has EVERYTHING you need. In micro there will ALWAYS be a question on market structure and ALWAYS one on market failure. For example.
On Macro ALWAYS one on inflation/unemployment etc...
And ALWAYS one on Trade
@maryamkhan1724
@@maryamkhan1724 no woman
Praying for the same results for me and my friends
How much revision did you doo? 😭
bro got me productive on a Monday morning
Productively efficient
@@hannahtchibinda9213 operating at the minimum efficient scale
the binge watch tomorrow gonna go crazy
Fr😢
Start now bro
😫😫😫😫 man till Wednesday coz ah
@@Chireinaaaa im actually scared
me rn bru
I absolutely hate when I understand a topic but the question is worded weirdly thank you so much Dal
stop glazing bro
Insane glaze
zip it up when ur done
bro spat on it
Woah, it’s been a year already. Dal the legend blessed my Econ paper last year. Good luck everyone for this year’s econ exams
You're such a merit good
i finished my a levels a year ago i wanna thank this man for the absolute kevin de bruyne level assistance this man gave me . GOD BLESS
dal using all factors of production pushing out these videos like an absolute unit
Kevin Dal Bruyne about to grace me with a beautiful assist going into paper 1
Feeling decent for paper 1. Content is solid, just need to practice the essay timings
I had my A Levels last year, and this man took me from a C on my mocks to an A on the actual exam, and only a few marks of an A*. This man is a true legend!
any tips pls?
@@sxm261fr me too
same he’s a star !!
Daddy Dal coming in clutch again🤩
Snorting some cheeky lines in the name of econdal pre exam!
your the GOAT. my unit 1 exams was at the 9th of may and one month ago i had no clue how i was gonna pass the exams until i stumbled upon you. I learnt the most amount of knowledge within the shortest period of time and i smashed the unit 1 paper and am confidence ill get the full ums.. im doing iAL economics btw. thank you dal from the bottom of my heart🥰
Thanks dal, just coming back to thank you for your tips, i got an A in economics and now im in University studying business and Japanese
dal got me locked in on a monday morning
This is your best video yet!!!
buddy you saved me for my alevels econ. i didnt pay attention and learnt everything in the last week using your videos and ended up with an a in paper 1 and 2. i actually miss economics its so interesting
Really?
@@stormz8921 yeah his videos are incredible. My mum did buy me a book I forgot the name but it was very very good and the first question and the other long mark question in paper 1 was very similar to the one in the book I had so ik I got very high in paper 1.
Thank you so much you goat. I got my IB exam on Wednesday and Thursday but you have just saved my grades.
thank you dal u legit saved my econ cuz my teacher DOES NOT TEACH in class, its always free lessons in his class
i got 100 UMS in micro in jan, i hope i get 100 ums in macro as well (1 hr to the exam :D)
Same except I don’t watch this guy regularly 💀
We passing the IB with this one 🔥🔥
my g, please do one of these for macro soon bc that's where im more anxious
Do NOT call him “g” 👺
@@vxz1357 fr bro, he should call him "daddy" instead
pov its 2:28 in the morning before your micro and you're so cooked you're watching this
Frrr
I hope to meet you one day and express my gratitude Sensei Dal
Dal are you feeling ok? Your like a positive output gap , I don’t know how you sustaining this cooking 🌶️🍑❤️
Guys remember to learn how to derive utility functions for giffen goods and how compensating variation is better than equivalent variation! Could definitely come up!
Dal, I love you so much. I couldn't hold it back, clean up isle in my pants immediately. 🔥🔥🔥
Thank you econ plus daddy 😛😛 please teach us about fanum tax next 🤭🤭
you've saved my exams thanks dal❤
Dal do you think for the first essay it would be better to do:
a) one point against and one point for the government intervening
b) two points for the government intervening and evaluate with the against points.
deffo 2nd
I prefer doing the first and evaluating within those points and pick the argument that I think is best for my conclusion and do further evaluation there
9:00, can you say they should intervene with higher NMW to fix inequality then evaluate with how it causes unemployment
yh
i have an evaluation sheet for how it can cause unemployment
regressive rather than progressive is as follows:
The NMW arguably prices low/unskilled workers out of the labour market as their MRP can't justify them being paid the NMW. If your MRP for example as a low skilled worker is £8/hour, yet the NMW is £10/hour, firms make a loss by employing you, as what you offer is less than what you receive. This means that firms stop employing low/unskilled workers, where they would have beforehand at a lower salary.
If the NMW was f6/hour however, and the MRP of low or unskilled workers exceeded that, then firms would be willing to employ workers as they can justify their wages.
A lower salary is also arguably better than no salary at all.
The NMW can make it difficult for people searching for short term positions to get experience which can contribute to long term structural unemployment and hysteresis.
@@ilhaamaminu1682 i’d talk abt how firms will substitute workers for capital so this causes less employment opportunities or more ppl more comp for same jobs
then on the diagram the triangle below the minimum wage would be the amount of unemployment
dal loves econ and we love dal
I have my exam tomorrow, I will update how I feel about it lol.
Edit: The paper was actually pretty generous. I think I did alright on it, minimum a B I think... now for macro and themes 😭
What exam board ?
@@rudrap820 OCR
keep these videos coming dad dal
Dal is a positive consumption externality
at 0:54 what does it mean by the barriers to market forces ?
i am a bit confused about barriers to market forces.
things that prevent the efficient functioning of the price mechanism
@nevzys that makes a bit more sense thanks. Then how does elasticities of demand and supply affect it.
@@roxers8700 i think for cigarettes for example, inelastic demand stops consumers from buying at the socially optimal output due to addiction etc
Just got out of my micro exam, Dal, could you upload the macro one earlier than you would've please
Already ?
how did it go ? what topics seemed to be more emphasised throughout the paper ? 😊
@@alissapopova I only looked at one context, that one barely required econ knowledge
@@cb20076 what topics or areas did u write about though
@@cb20076 thank you but what topics did you write about? i dont think im getting this ...
test was banging
Nah it was mid for me
What exam board r u?
Bro is literally a positive externality of consumption
I'll start tommorrow.
so real
got a d in my mocks... need a b to get into uni... am i cooked?
Nah just revise renationalistaion of water industry all the effciiency diagrams and do the supernormal profit diagram and you’ll be good bro
@@humzahdar3557do u need to use diagrams to get an A?
@@stormz8921if u don’t use diagrams ur 100% cooked
can you make one global economy, please!!!!!!! Thank you!
Could you please do one for Macro?
So Useful 🙏🙏🙏🙏
yes Dal
If i really hate labour market questions, can I just not revise it cause there will always be a choice
Yh thats what i’m doing with poverty because they cant ask both contexts on poverty
@@EeshaAtwal Same poverty is such a shit topic so so boring
what if context a and context b are on labour markets 0-0 e.g one on monopsy and the other on idk poverty? re-disrtbtuion of income/wealth? gender pay gap? labour discrimination
@@destroyofficial984they asked that last year and the year before I missed out labour markets too do renationalisation of water industry and make sure you know the efficiencies and EOS and you’ll be good
@@destroyofficial984 highly unlikely
love you dal
the goat
Spoiler alert: you will regret taking economics
i love u Dal
Legend
the 🐐
have my children
🐐
Sick Beard Sir
i cant lie, this video was just about 3 hours late for me.
How?
Literally just memorise all the graphs and waffle
bro there isnt even that many graphs u can use
@@My-fb5td I did my alevel in 2022 and I’d say I knew about 20 graphs
@@finh6798 grade boundaries are completely different
@@osoulex4327 that is a womp womp I can’t lie. Unless the marking criteria has changed trust me that A-Level economics is as simple as remembering graphs and term definitions, and then waffling about it: this leads to this causes this etc
@@finh6798can I still get an A if I don’t know any graphs ?
PLEASE DO MACRO PLEASEEEEE
please tell me he has only fans
chad is it time to hang up the gloves
everyone is saying thx to dal, but i don't see dal, i see vikstar (sorry)
YALL READY????
Nah I’m cooked
@@chickenNoodles.no ones more cooked than me
@@stormz8921 wanna test that theory out?
@@stormz8921 reply to me after this mornings paper, I do edexcel, idk ur exam board but I’m sure they’re all similar.
Thanks dal, econ paper went well thankful 🫶