Macro: Unit 1.5 -- Inflation

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  • เผยแพร่เมื่อ 5 ต.ค. 2024
  • Hey Everyone! I'm Mr. Willis, and You Will Love Economics!
    In this video, I will:
    Define inflation, deflation, and hyperinflation
    Describe the effects of inflation on purchasing power
    Identify the three causes of inflation
    Practice calculating the market basket and inflation/deflation rate over time
    Discuss who is hurt, helped, and unaffected by excessive inflation
    Are you looking to teach this topic in your class? We have designed an activity to fit perfectly with this video:
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ความคิดเห็น • 45

  • @abdimalikali9956
    @abdimalikali9956 6 ปีที่แล้ว +13

    Man you are natural teacher. You are born to teach...amazing thanks for sharing your knowledge

  • @richapasricha9049
    @richapasricha9049 6 ปีที่แล้ว +32

    Very nicely explained. I've watched a few of your videos, the way you teach is incredible. Haven't seen anyone explaining economics with this ease. Keep it up.

    • @YouWillLoveEconomics
      @YouWillLoveEconomics  6 ปีที่แล้ว +6

      Thank you so much. I appreciate the feedback and the support. Be on the lookout in the coming months for more videos, including a series of microeconomics!

  • @halilpotoku3395
    @halilpotoku3395 3 ปีที่แล้ว +2

    what i learn from you in some videos i didnt learn in a whole semester in faculty, you are a gift from heaven for those who love economics

  • @mercedes3111
    @mercedes3111 4 ปีที่แล้ว +5

    wow you've explained this extremely well. I just don't get it when my teacher teaches me but I understand it here! thanks youuuu

  • @shoabbosrahimov7022
    @shoabbosrahimov7022 5 ปีที่แล้ว +5

    So tremendous job you've done for students. I'm very lucky and thankful for having such generous people with us

  • @mansijoshi6654
    @mansijoshi6654 2 ปีที่แล้ว +1

    This video has a very good introduction and thought about the Inflation and what are the effects that happened because of Inflation.The concept has cleared after watching this video . Inflation plays an important part in Economics and after this video can come to know who is facing more problems and what they are .

  • @jacobnorman5420
    @jacobnorman5420 2 ปีที่แล้ว

    3 Years ago and this video has come full circle. Thank you

  • @valeriajones7508
    @valeriajones7508 3 ปีที่แล้ว +2

    i wish i meet your channel before my economics course, i would have gotten a great grade...

  • @kepheramara7967
    @kepheramara7967 3 ปีที่แล้ว +1

    Thank you very much for the work you are doing. Personally, your teachings have helped me tremendously with macroeconomics.

  • @shienamaemaupo5807
    @shienamaemaupo5807 3 ปีที่แล้ว +1

    Thanks for the great video ❤️ Your dedication towards economics has inspired so many people ❤️🥰

  • @thasleeminthash4435
    @thasleeminthash4435 5 ปีที่แล้ว

    You are a life saver sir .. thank you so much .. we need more of people like you .please do continue making more of these .. thank you once again ....

  • @kaixinyan555
    @kaixinyan555 2 ปีที่แล้ว

    thank you for explaining this so clearly! loved the real examples

  • @anjajoschultheiss2575
    @anjajoschultheiss2575 6 ปีที่แล้ว +1

    your explanation helped me so much thank you!

  • @rsadsultanov3071
    @rsadsultanov3071 3 ปีที่แล้ว

    Thank you ,man.You know how to teach

  • @9w6six
    @9w6six 5 ปีที่แล้ว

    Enjoyed watching in prep for my exam. Thank you.

  • @alaaaboudaher4136
    @alaaaboudaher4136 4 ปีที่แล้ว +1

    Amazing as usual

  • @robinmanley9946
    @robinmanley9946 2 ปีที่แล้ว

    Really really understandable presentation

  • @mphomokone8944
    @mphomokone8944 4 ปีที่แล้ว +1

    Thank you very much for this

  • @venkatachalapathibaskar5927
    @venkatachalapathibaskar5927 5 ปีที่แล้ว

    Thank you so much for posting this video.

  • @toby7778
    @toby7778 4 ปีที่แล้ว

    This was helpful, thank you.

  • @markludan3121
    @markludan3121 2 ปีที่แล้ว

    Thank You!

  • @cynthiamiriamnakachwa6798
    @cynthiamiriamnakachwa6798 3 ปีที่แล้ว +1

    thank you

  • @sagarsarkar5130
    @sagarsarkar5130 4 ปีที่แล้ว

    Thank you sir!

  • @uwasesandrine8241
    @uwasesandrine8241 3 ปีที่แล้ว

    wow!!! clearly & understandable

  • @stephenhemingway9435
    @stephenhemingway9435 3 ปีที่แล้ว

    How does the excessive amount of money foreseen by the quantity theory of money get into peoples' hands? How does that money get into circulation? Does the government give the money to banks for lending or are there other mechanisms for getting excess printed money into circulation in a way that contributes to inflation?

  • @emulatelungu4725
    @emulatelungu4725 ปีที่แล้ว

    Very helpful

  • @jyotishah2948
    @jyotishah2948 6 ปีที่แล้ว +2

    Please describe the Say's Law of Market ... I need it🙏🙏🙏

    • @YouWillLoveEconomics
      @YouWillLoveEconomics  6 ปีที่แล้ว

      I may get to that topic at some point. Turn on notifications to stay updated.

  • @dethray7480
    @dethray7480 2 ปีที่แล้ว

    I have a questoin about demand pull and cost push inflation. Wouldn't that only affect a certain group of goods and services, such as toys and gadgets. But for inflation to occur, doesn't the general price level have to increase?

  • @YGM-dt3qf
    @YGM-dt3qf 3 ปีที่แล้ว

    Thankyou so much

  • @vrushaliaher5442
    @vrushaliaher5442 5 ปีที่แล้ว

    Sir please make detail video on inflation, deflation and stagflation.

  • @tumintumiseng8375
    @tumintumiseng8375 4 ปีที่แล้ว

    You are so good

  • @jgsportsgaming2821
    @jgsportsgaming2821 5 ปีที่แล้ว

    Thank you...

  • @liamhoward2208
    @liamhoward2208 5 ปีที่แล้ว

    Is the US in a continuous cycle of cost-push inflation ( wage price spiral)? As evidenced as the steady increase of prices over time since 1914?

  • @marianabenitezrubiano9207
    @marianabenitezrubiano9207 5 ปีที่แล้ว

    you save my life

  • @hanseru7831
    @hanseru7831 4 ปีที่แล้ว

    thank youuu

  • @yan31796
    @yan31796 5 ปีที่แล้ว

    you the best !!!

  • @jhonrinconmalereiipainting970
    @jhonrinconmalereiipainting970 6 ปีที่แล้ว

    Good video man!

  • @neillamas8929
    @neillamas8929 2 ปีที่แล้ว

    Causes start @7:15

  • @zeusvalentine1848
    @zeusvalentine1848 5 ปีที่แล้ว

    Why didn't we get inflation during the bailout of 2009? Isn't the printing of money supposed to cause inflation? If it didn't cause inflation, then why don't we slowly print away our debts?
    A Jubilee, if you will.

  • @danblanco
    @danblanco 2 ปีที่แล้ว +2

    Please send this to the people running the US government 😭

  • @Youarebad21
    @Youarebad21 3 ปีที่แล้ว

    Thank you!

  • @nortongartino4602
    @nortongartino4602 4 ปีที่แล้ว

    thank you