The way of your teaching and the content is absolutely brilliant but we need such kind of videos on advance topics which are little difficult to understand like IS LM curve and many other topics like tha kindly make a saperate channels on advanced macroeconomics and microeconomics and make those also easy for us like that
Yeah, it makes people actually spend their money rather than saving it, therefore keeping the money in the circular flow instead of reducing the money flow.
Could you also say that for the LRAS shifting right due to Fisacsl policy this could be a reduction in the corporation Tax Rate . Reducing corporation tax means firms have higher RETAINED profits to invest on capital goods on the economy which INCREASE THE PROSUXIRVE CAPAVITY IF AJ ECONOMY . Also firms nigh have a higgher marginal prospensity to invest and so invest more ie in capital goods which not only increase the preocugive capacity hit also INCREASE THE PREOCIRVE EFFICENCY IF there is a fall in LRC for all firms due to increasss in investment .
I've read through the AQA AS and A-level economics specification, and it does not state anything about the two types of fiscal policies (expansionary and contractionary). So, is the expansionary fiscal policy the basic one that we need to learn for the exam, or do we have to know both to pass. (I understand that if I want to boost up my essays...etc.. I should learn both, but which one is essential?)
I think its cos u assume consumers are utility maximisers so they are more likely to increase there utility by buying more expensive goods as they are better so as a result MPC increases
The multiplier effect means the increase in spending after an initial spend. So if the government invests about £200m the multiplier effect with most likely be higher than the initial £200m. Which is why the demand curve increases.
Well yes if you are talking about the marginal propensity to save. But if your talking about the marginal propensity to consume then it's about how much disposable income is spend on goods and services instead of saving it.
Hi! Awesome video, I am currently writing my thesis on China's taxation using fiscal sociology, is there a difference between fiscal policy and fiscal sociology? Can I use these terms interchangeably?
It can apply to monetary policy depending on which type. It can apply to expansionary as a decrease in interest rates lead to higher disposable incomes and so expenditure rises. This is a circular process.
for contractionary (downward sift in AD), you said redistribute income, however wouldn't this give the poor more money and as they have a high mpc they would spend more, increasing AD rather than decreasing??
If the government increases taxation in a progressice tax system then it is contractionary fiscal policy. They could use the money gained from this contractionary fiscal policy to do expansionary fiscal policy which is redistributing the money they gained from taxes. The points which are made is just ways in which government can use fiscal policy, it is not the direct cause of fiscal policy.
Every economics exam that I have I come back to these videos, god bless you sir
Can't stop sucking in knowledge! BEST TEACHER, BEST VIDEOS.
True
Wanna suck more then knowledge?
lier
Trump kinda gay for Biden
thank you vikkstar
😂😂😂😂
😂😂😂😂
😂😂😂😂
Wtf
🤣🤣🤣🤣🤣
Wow what a video. Mind blown at the way he explains so much and so well in only 8 mins. Thank you so much Mr Dal, you are incredible.
Best lesson in just 8 minutes, you have gotten yourself a new subscriber
This man 🐐🐐
No one:
Literally no one ever:
Virang: sooooooooooo sucking in
2:49
nice, 69th like
Lets goo
@@samiulchoudhury7616 screw the British system am I right, its 11:30 and im up studying for an econ test that I was told about 5 days prior
Yeah feels bad man 'took' my A-level a year ago. Online uni is alright tbf. Can't imagine doing A-level online. All the best to you 👍🏼
@@yousuffarid327 imma be up til bout 2 pretty much learning half the macro side again for my test tmrw 😁😁
You teach the concepts excatly the way my lecture does it! couldn't be more happier!!!
The god blesses us, yet again....
This saved my life thank you vikstar
Your voice is so addicting
I found the topic of fiscal policies the hardest to understand but you made it so much easier, thank you so much!😊
You got me an A in economics thank you so much
Less sucking = good! Got it. Thx for the vid!
depends on what you're talking about, lol.
So Articulate! My teachers spent 2 hrs to talked about Fiscal Policy but still Its so confusing. Thank you the great videos
The way of your teaching and the content is absolutely brilliant but we need such kind of videos on advance topics which are little difficult to understand like IS LM curve and many other topics like tha kindly make a saperate channels on advanced macroeconomics and microeconomics and make those also easy for us like that
you make me want to pursure economics in life :)
A very Great piece. Thanks much.
Thank you sir
Great Explanation
absolute god
Much love bro 💙
Shush
who asked
@@thomasgates2043 me
Awsome! Thnx a lottt sirr!
Could you possibly (if you have the time) make a video on calculating real, nominal, GDP and GDP deflator. Sounds easy but I always get confused haha!
Thank you
Saving A-Level's everywhere
Just suscribed! You teach very well!
Thank you so much sir
Very nice explanation
Thankyou, thankyou very much
Love your vids !
dal in nike pros
king.
What’s going to be on the next side plus video
Great video
Pl do a video on cyclical adjusted deficit
Why are all these videos coming the same time I learn about it in college?
Rushil Mehta Fr I thought the same thing......
its a sign love stay focused
My GOAT
Great
Which video contains the bits on Progressive Income Tax?
the one about progressive income tax
@@mtsl7780 genius
Goat 🐐
hard bro
Even though I’ve already passed economics... can you explain why IR has dropped due to the coronavirus??
To encourage people to spend, to make up for the effects of businesses losing out on revenue due to people being scared to be out in public etc
Yeah, it makes people actually spend their money rather than saving it, therefore keeping the money in the circular flow instead of reducing the money flow.
Could you also say that for the LRAS shifting right due to Fisacsl policy this could be a reduction in the corporation Tax Rate . Reducing corporation tax means firms have higher RETAINED profits to invest on capital goods on the economy which INCREASE THE PROSUXIRVE CAPAVITY IF AJ ECONOMY . Also firms nigh have a higgher marginal prospensity to invest and so invest more ie in capital goods which not only increase the preocugive capacity hit also INCREASE THE PREOCIRVE EFFICENCY IF there is a fall in LRC for all firms due to increasss in investment .
I've read through the AQA AS and A-level economics specification, and it does not state anything about the two types of fiscal policies (expansionary and contractionary). So, is the expansionary fiscal policy the basic one that we need to learn for the exam, or do we have to know both to pass. (I understand that if I want to boost up my essays...etc.. I should learn both, but which one is essential?)
both of them r essential for edexcel ial econ
are u Vicstar 123s brother?
Why does the mpc increase with increase in disposable income, shouldn't it be the other way around because they can save more?
I think its cos u assume consumers are utility maximisers so they are more likely to increase there utility by buying more expensive goods as they are better so as a result MPC increases
NO LOL XD
so isnt the protection for the trades and reducing current account deficit is same like both done by government to stop imports e.g red tape
best guru
wooow so horrible
🐐🐐🐐🐐
What does the multiplier effect mean on the graph?
The multiplier effect means the increase in spending after an initial spend. So if the government invests about £200m the multiplier effect with most likely be higher than the initial £200m. Which is why the demand curve increases.
2:50 sus
what does marginal prepinity mean ,
is it the ability to spend ?
Well yes if you are talking about the marginal propensity to save. But if your talking about the marginal propensity to consume then it's about how much disposable income is spend on goods and services instead of saving it.
In simple terms it means the incentive to do something.
❤️💙💙💙
Is this following the Edexel syllabus
is there a link to your contractionary fiscal policy vid?
Did you manage to find it? Looking for the same thing
Is this vikkstars brother
Hi! Awesome video, I am currently writing my thesis on China's taxation using fiscal sociology, is there a difference between fiscal policy and fiscal sociology? Can I use these terms interchangeably?
Hello mr dal, I was wondering if you had a simple definition for “Government budget”? Kind regards, a grateful fan
The balance of the governments expenditure and revenue
hey just wanted to ask, does the multiplier effect also apply to monetary policy.If no why?
It can apply to monetary policy depending on which type. It can apply to expansionary as a decrease in interest rates lead to higher disposable incomes and so expenditure rises. This is a circular process.
2:50 😏🤨nah thats MAD SUS
for contractionary (downward sift in AD), you said redistribute income, however wouldn't this give the poor more money and as they have a high mpc they would spend more, increasing AD rather than decreasing??
No poor people don’t get more money the rich people just get taxed more which reduced inequality
If the government increases taxation in a progressice tax system then it is contractionary fiscal policy. They could use the money gained from this contractionary fiscal policy to do expansionary fiscal policy which is redistributing the money they gained from taxes. The points which are made is just ways in which government can use fiscal policy, it is not the direct cause of fiscal policy.
You could argue most of the points are a direct cause of the policy*, but the redistribute income is not however.
have my kids
Pauseeeeee
If u are a ca stdng dont watch
2:50