I’m 3rd year at uni but just wanted to say thank you again for helping me through my A levels. Good luck to anyone sitting them now. Btw, uni is a lot easier 👌
@@Henry-xu5jg way easier. If you do a maths based degree like me (econ) then u just study past questions and you’re fine. Literally just had an exam today. Didn’t go to a single lecture, only watched them online n did tutorial questions and I think I got a 1st (70%+) in only about a weeks work. If I even dared to try that at a level, I’d be working at McDonald’s
@@dingus4077 I’m currently doing a level economics and have my mocks next week. I’ve been binge watching this guys videos because there is so much stuff
@@Incognito_ST we paid them some money monthly and I slept there, ate there, but still helped with cooking, cleaning, cutting the grass and so. Imagine you live in a family but pay some rent (I can tell you it was lower than rent you would pay elsewhere)
If you're arguing for state provision of public goods, then surely Excess demand wouldn't be a problem because once provided, its accessible to all consumers.
@@johnnyjohnson7327 there is still a large excess demand for the nhs because consumers demand more free healthcare than the government can physically supply (due to labour costs etc), hence why there are large waiting lists at nhs hospitals
the difference between when you use state provision and nationalisation is the type of market failure: state provision occurs when there’s a missing market (private firms won’t provide at all) meanwhile nationalisation is used when the good is under provided, like in natural monopolies.
No, Nationalisation refers to the idea of the gov controlling a business and still operating as one although profit incentives are far less and it’s focused on allocative efficiency and benefiting society. State provision is just when the government provides certain goods at no cost to consumers e.g street lights, roads etc
Econplusdaddy coming to my help again 😩😩😩
Hhhhhhhhh
AYOOOO
I’m 3rd year at uni but just wanted to say thank you again for helping me through my A levels.
Good luck to anyone sitting them now. Btw, uni is a lot easier 👌
thx
Is uni actually easier
@@Henry-xu5jg way easier.
If you do a maths based degree like me (econ) then u just study past questions and you’re fine. Literally just had an exam today. Didn’t go to a single lecture, only watched them online n did tutorial questions and I think I got a 1st (70%+) in only about a weeks work.
If I even dared to try that at a level, I’d be working at McDonald’s
@@dingus4077 I’m currently doing a level economics and have my mocks next week. I’ve been binge watching this guys videos because there is so much stuff
@biopticwave8089 well good luck
The true definition of a positive externality
Living merit good
also a pure public good
@@rudydickens8541 Could he be considered an excludable good tho, due to the fact that you need internet and an electronic device to consume it
@@rudydickens8541 hes rejectable
@@darkvortex2753 quasi public
father Dal saving us 7 days before paper 1
still making videos this man truly cares
Your best video yet in my opinion, key topic this year, perfectly and simply put
Dal looking fresh as always.
Econ A level tomo means binge watching your videos 🙏
Good luck🤞
You too you lot. We gonna be fine
@@thesolorunner9313 Need a grade B😂 Econdal is saving me
What exam board?
Anyone does 9708 variant 1 how was it?
Econ tmrw!!! (kms)
10/10 video sir
Dal ur an insipiration. I not only watch dal but also eat it.
Lol so do I
dal you legend this came up so glad I watched this
MY GOAT we love you dal
Would state provision always provide goods and services for free? For example, in the NHS you have to pay for prescriptions etc
Thank u king dal
Dal daddy 😍
thank you so much
Thanks. 22 years working in state education... it's morally and intellectually bankrupt.
Daddy Dal the Great
Dal needs to get knighted and become sir dal the merit good
thankyou Lord-dal
🐐
what a goat
came up on 2023 ocr paper 1
Preciate u
❤❤ you are teaching ser but I'm not understand this lasern
Legend
First
Daddy dal?
2hours before my exam lol
Last min revision 2 hours left 💀💀💀
i've probably seen Dal more than i've seen my parents this year ngl
💀
Same xd. I stayed in the UK with a random family who took me in just so I can finish my A levels and study econ at Uni
@@janhejcman what???? Damn how does that even work?
@@Incognito_ST we paid them some money monthly and I slept there, ate there, but still helped with cooking, cleaning, cutting the grass and so. Imagine you live in a family but pay some rent (I can tell you it was lower than rent you would pay elsewhere)
these videos are the best merit good out there
papi dal 🤪😩🥵
Currently rewatching with paper 1 in half an hour
you revised the right thing if you did essay 1
clutched up
Thanks daddy
First
If you're arguing for state provision of public goods, then surely Excess demand wouldn't be a problem because once provided, its accessible to all consumers.
i doubt the govt will be able to supply enough to satisfy all demand so there will be excess demand i think
@@vallax7668 e.g NHS
@@johnnyjohnson7327 there is still a large excess demand for the nhs because consumers demand more free healthcare than the government can physically supply (due to labour costs etc), hence why there are large waiting lists at nhs hospitals
Thank you!
Love it
Here hours before 2023 Edexcel B paper 3, May the spirit of econdal be with us
Fax. Now THATS an externality.
Thank you
POSITIVE EXTERNALITIES ARE FLOODING EVERYWHERE
Is this the same as nationalisation or just very similar?
the difference between when you use state provision and nationalisation is the type of market failure: state provision occurs when there’s a missing market (private firms won’t provide at all) meanwhile nationalisation is used when the good is under provided, like in natural monopolies.
@@fontle2653 thank you 😁
Is this also the same as Nationalisation?
No, Nationalisation refers to the idea of the gov controlling a business and still operating as one although profit incentives are far less and it’s focused on allocative efficiency and benefiting society. State provision is just when the government provides certain goods at no cost to consumers e.g street lights, roads etc
@@holysht2462 okay thank you very much