Income Inequality - Micro/Macro Effects - Perfect Paper 3 Revision! (AQA/Edexcel)
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- Опубликовано: 1 июн 2024
- Micro and Macro Effects of Inequality (Causes, Consequences and Policies). Video covering the Micro and Macro effects of the causes, consequences and policies to reduce income inequality. Enjoy!
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Using the data, evaluate the extent of how much EconplusDal has increased the productive potential of the UK economy [20]
or MRP
these vids coming in clutch. Ive only revised a day before the exam but with these videos being such good quality and so helpful that is all I need, no need to worry. (I should of started way sooner, Im sh1tting myself)
real
real i have psychology exam too lmao, i focused on that since it’s extremely content heavy
Predicted 3/3 papers. Not all heros wear capes.
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thank you - p.s. mr dal
correct predictions (90+5)
income inequality - check
information gap - fixed
dal=+VE externality
ly dad
started revising for paper 3 today, its tmr... good luck people, may god be w you
how's the revision going?
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hey,
i just wanted to say thanksalot(and i mean ALOT) for helping me and many like me for 2 whole years and saving me and getting me A* in yr 12 (110/120) and only doing revision 1 day before exam(my alevel exams) and i can still get a gd grade not A* ik because i didnt tried hard enough but i mean your videos still saved me. (i was too stressed due to FM and phy) so didnt focus econ.
Got an A* mostly thanks to you suiiii
Dals feeding me perfect information for this paper
Goodbye dal love
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@@travisglenn3728 Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving
I have written every micro macro effect for everything but all I can remember is popsicle and digestif
could you say imperfections in the labour market such as monopsonies are a cause for income inequality?
Big up Dal for securing me an A
Thanks the lord this guy exist.
Would more targeted education like directly improving education in deprived neighbourhoods be micro or macro because its gov spending?
macro
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Do you talk about both micro and macro impacts in both the 15 and 25 marker ?
yes
theres no 15 marker in paper 3 thank god
12 marker tho
@@alexanderpowell6823 there is for aqa
@@williamallan957 unlucky
@@alexanderpowell6823 I do AQA so there is LOL
Can you use a micro diagram for a macro point. For example a negative externalities to show social Costs and then gov budget and deficit getting worse ?
Yes u can or not. ?
if you mix up macro and micro in the same point examiners might get confused and you could lose makrs
Random question can you talk about productivity on macro side if saying more competitive from subsidy so improving trade deficit
Yeah just say lower costs of production which make them more internationally competitive
@@benneb5265 cheers 🙌
@@benneb5265 Can you use a micro diagram for a macro point. For example a negative externalities to show social Costs and then gov budget and deficit getting worse ?
@@benjhshe3993 in paper 3 I would stay away from mixing micro and macro diagrams within the points, because the 25 marker structure should be one point on macro one point on micro
@@benjhshe3993 remember on the macro paragraph and evaluation, stick purely to macro theory and application, and micro for the micro paragraph and evaluation.
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Hi, Have you done any prediction for paper 3?
only prediction is stay away from predictions good sir, trust your content knowledge and remember Ahmeds big idea
yes he did he uploaded it yesterday
For micro policies, couldn’t you say training programmes to improve the skillset of low income workers, able to demand higher wages etc ?
ily
Bro knew the paper this was literally the 25 market
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Will there be a livestream dal
7pm BST
dal fade ✅
reposted vid again from 6 years ago
Save me
Is inheritance not a cause of wealth inequality instead of income?
Wealth and income usually go up together though. High wealth = more job opportunity for income , High income = more wealth from that income
@@svtdbv Surely inheritance adds directly to wealth not income.
@@jossryan2423 and wealth generates income
many inherited assets like houses and securities generate an income
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Is living standards not micro ?
No it’s macro, cause it links to development of of a country
can be both depending on if you argue for a group of people of if you argue the whole population
hi Dal, are you gonna do anything for this November session of IB Exams?