Y1 31) Fiscal Policy - Problems and Evaluation

Expansionary Fiscal Policy Evaluation. Video covering all the key evaluation points for expansionary fiscal policy
For Products, Services and Bookings visit econplusdal.com
Instagram: / econplusdal
Twitter: / econplusdal
Facebook: EconplusDal-...
End Music: Relax by Peyruis / peyruis Creative Commons - Attribution 3.0 Unported - CC BY 3.0 creativecommons.org/licenses/b... Music promoted by Audio Library • Relax - Peyruis (No Co...

[@beaucraig-shearer4532]

Love u daddydal u’ve single-handedly saved my life

[@MihilWaduge]

Lmaoo

[@S22091]

Wildin

[@dude-cm4xf]

every time he does the sucking in of imports effects I laugh…cant get it off my mind now

[@Michael-cq5qk]

lol same he actually loves doing it too much 🤣

[@tobyanderson5360]

It works 😂. When I sit in the exam all I hear is econplusdal in my head getting gassed about economics.

[@amanfazil5488]

If I don't get to inject that juicy Ricardian Equivalence as evaluation for economic growth somewhere in tomorrow's macro paper, then was it really worth studying economics 😵?? What a beautiful piece of evaluation oh my lord

[@Alexander-william01]

I owe my A* back in 2015 to EconPlusDal.

[@joefitzpatrick9993]

love how you still watch

[@jamieg9400]

@@saidbenrahma9129 he updates his videos and deletes the old ones

[@antisocialbarbie1587]

​@@saidbenrahma9129 university probably

[@antisocialbarbie1587]

​@@saidbenrahma9129 or maybe he missed him

[@davidtinotendanemaunga5496]

This man made my life at University easy.

[@tobyanderson5360]

Is A level economics content still relevant for uni?

[@Dana_chay]

@@tobyanderson5360 A level economics is like first year content for uni. So yes.

[@thesnackbandit]

@@tobyanderson5360 Yeah of course. You'll obviously build on it with mathematical modelling if you are studying economics or something closely related like finance, but the theory is still relevant.

[@tobyanderson5360]

@@thesnackbandit cheers mate. Gonna be studying PPE in october so definetly gonna touch up on my A-level knowledge.

[@jayleg9146]

Hi @EconplusDal! Its Jay here from Dubai, just thought I'd pop in to say hello and fantastic video as usual.

[@sungdripwoo7887]

time to learn ricardian equivalence

[@austinwachira5185]

Dal The Man 👌🏽🔥💯

[@cathphillips8662]

dal i currently fancy you, thank u sm

[@azaminul2249]

🤣🤣🤣🤣🤣🤣🤣

[@joeburden4736]

no one can do it better

[@dalma.peller]

I love him so much. OMG

[@rollasix7238]

I LOVEEEEEEEEEEEEEEEEEE UR VIDEOS

[@user-gn8bd5lg6v]

Love your accent ❤

[@Fred-hunt]

Thanks man

[@skitz0299]

Legend

[@willbeceoofabank]

keynes the GOAT

[@joshuadavies-jones8005]

Wouldn't inflation be an evaluative point? If the question doesn't specify where inflation currently is, if the economy is below the 2% inflation target than inflation might be good for reaching that target. However if inflation is already low and stable than obviously expansionary fiscal policy would be bad. Thanks.

[@YashG04]

Yeah definitely that policy would be pointless if that’s the case

[@mtsl7780]

Just because inflation is low doesn’t render expansionary policy useless. It could be used to increase cyclical unemployment or see a shift out of LRAS

[@billyfox6368]

@@mtsl7780 Fiscal policy always relates to aggregate demand. LRAS would be supply-side, but you're right that it would be suitable for short-run economic growth.

[@joshuadavies-jones8005]

@@mtsl7780 Not useless, bad as if inflation was on target, increasing inflation would be bad. Loss of confidence, less investment, unsure of value of money, etc. If inflation was below target for example if there was deflation, expansionary fiscal policy would be good to get it on target.

[@tobyanderson5360]

@@billyfox6368 true but a fiscal policy in the short run can also be a supply side policy in the long run. It more depends on the motive of the policy but it will have effects on both demand and supply of the economy. Less black and white in reality.

[@tomhall2004]

Daddy Dal

[@rohitreddy8035]

ayo

[@HungryPNG]

Very interesting
Do you sell Econ text books?

[@alimmerali2524]

Yes he does

[@HungryPNG]

@@alimmerali2524 how can I buy?

[@yessssirrrrr2294]

His website

[@MC10W]

Theeefore a better thing to do is for the gov to use a combination of these policies

[@blendco2340]

what is an output gap

[@macauleyburgess5102]

When actual economic growth is different to potential economic growth.
A negative output gap is when actual economic growth is lower than potential economic growth.
A positive output gap is when actual economic growth is higher than potential economic growth.
Hope this helps👍

[@stephuuuny540]

Gap between actual growth and trend growth

[@kmg55]

@@macauleyburgess5102 how can actual output be higher than potential?

[@thesnackbandit]

@@kmg55 When factors of production are being used unsustainably. Examples include: Workers working long overtime hours, capital machinery being used beyond it's recommended capacity, and economic growth fueled by excessive debt. It is unlikely to be long term.

[@kmg55]

@@thesnackbandit ah that makes sense thanks a lot

[@fartunkulmiye5425]

4:30

[@theambergryphon4266]

*ZUCC*

[@jackwear9291]

daddy

[@MC10W]

Bad thing about contsxgionsry fiscal policy is the regressiveness if incressdinh taxes

[@vxz1357]

Nga what?