Market failure #3 - negative externalities

แชร์
ฝัง
  • เผยแพร่เมื่อ 30 ต.ค. 2024

ความคิดเห็น • 15

  • @maxiboy82
    @maxiboy82 8 ปีที่แล้ว +26

    yo man idk how I stumbled upon this playlist while thrying to study market failure, and I dont understand why this has such less attention. This stuff is soo helpful! you make the content a lot easier to understand than the textbooks

    • @ibeconguru
      @ibeconguru  8 ปีที่แล้ว +1

      maxiboy82 thank you very much for the feedback! Glad you find them useful :)

  • @angelogunther6445
    @angelogunther6445 7 ปีที่แล้ว +11

    I feel the same you are an amazing teacher and to think you get so little recognition for your hard work... Thank you for everything you've done for us, keep it up :)

    • @ibeconguru
      @ibeconguru  7 ปีที่แล้ว

      Angelo Gunther thank you very much for the feedback! I appreciate it!

  • @JoaoAlves-bn1mh
    @JoaoAlves-bn1mh 2 ปีที่แล้ว +2

    Having my IB Econ tomorrow. Just passing by to thank u for all the videos, they r the only reason im passing these exams. Just another common W from The Econ Guru. GG mate

  • @premkaluskar
    @premkaluskar 7 ปีที่แล้ว +4

    Taught me better than my teacher in school. Well done sire

  • @KshitijBhasin
    @KshitijBhasin 7 ปีที่แล้ว +1

    You are an amazing teacher, I am currently doing really good in economics because of your videos.
    Thank you, soo much for your hard effort and to support your channel I have even recommended this channel to my friends

  • @matthewizardgandalf2286
    @matthewizardgandalf2286 4 ปีที่แล้ว +1

    Thank you so much man I have a test coming up in 3 days and this just helped so so so much!

  • @neelpatel7776
    @neelpatel7776 6 ปีที่แล้ว

    Your videos are awesome and really helpful, but while going through this video I felt there was a mistake in one of your diagrams. Diagram at time 14.26 in negative externality of consumption. The diagram, says MSC shifts up and the new curve is MCS+tax. But in my textbook it says the its the MPC that shift up give the new line MPC+tax, as when that line and MPB curve intersect, it gives Q demanded same as the optimum Q for allocative market...... There could have been a mistake so just please see it and correct and if not then please explain me the point a little more clearly. Thank you, and again your videos are really helpful.

    • @ibeconguru
      @ibeconguru  6 ปีที่แล้ว

      neel patel the diagram you’re looking at combines solution one and solution two, solution one of using indirect tax shifts MSC curve to the left to MSC plus tax, solution two of using negative advertising shifts MPB until it intersects MSB... I combined both solutions in one diagram, sorry if it confused you.

    • @neelpatel7776
      @neelpatel7776 6 ปีที่แล้ว

      thanks this was really helpful

  • @lnming4711
    @lnming4711 6 ปีที่แล้ว

    Thanks a lot for your videos!!!
    Just a question here: I think when the shift happens, it only shifts left or right but not up or down.

    • @ibeconguru
      @ibeconguru  6 ปีที่แล้ว

      Yujin Wang when MPC shifts to the ‘left’ as a result of the indirect tax, it’s also a somewhat upward shift as it closes the vertical gap between MPC and MSC... the idea behind shifting ‘upward’ is that the tax internalizes the external cost imposed on society... so yes it’s a ‘leftward’ shift but because it internalizes the external cost and raises the price, it’s also an ‘upward’ shift :)
      Please let me know if you have any more questions!

    • @lnming4711
      @lnming4711 6 ปีที่แล้ว

      Thanks for your reply. Now I get it.

    • @v_vladukatasher2120
      @v_vladukatasher2120 3 ปีที่แล้ว

      According to the math if u shift straight line to the left it also shifts up. U can try do that even on your paper