Key Equations and Conditions - Paper 3 Gold!

[@lewiswyatt7335]

Dal is a positive consumption externality

[@WyvernApalis]

Is it though? We are not a third party we are directly involved, don't know who else other than economics students benefit from this

[@emree5962]

@@WyvernApalis doesn't have to be only economics students benefitting for it to be a positive externality. That is a very myopic way of looking at it; the idea that this person was trying to suggest was, that Dal's videos are merit goods (hence positive externalities in consumption), which I would agree.
If education is a merit good, this, by definition should also be. People who benefit from these videos can learn more about economic theory and gain knowledge to advance throughout their education, which may lead to them inventing/innovating their desired fields of work. If they have contributed to such inventions/innovations, having watched Dal's videos would be a positive externality in consumption.
People who benefit from these videos can also get better grades, to go to good universities, to enter the labour market with the perception of having higher MRPs (wage differentials) and work "good" jobs, which can have benefits to their families (e.g. higher living standards, or sending their kids to private schools), which would also mean that Dal's services have positive externalities in consumption

[@emree5962]

@Justin WEI you're consuming his service, it is consumption

[@emree5962]

@Justin WEI incorrect

[@emree5962]

@Justin WEI if you consume his service you are learning from it

[@lifewithdylan]

Econplusdal on the front cover of the economist 2018

[@bradyeates1266]

He is a saviour! I watch your videos btw :D

[@tipy959]

tutor 2u, this is how you do revision videos!!

[@gamma_dablam]

Yeah their videos are so dull

[@zainabzafar3451]

So grateful for this channel honestly. I didn’t think I’d be able to pass econ but ended up with an A* all because of econplusdal. I started watching these videos in the last 2 months & made notes from this topic-wise. THANKYOUU

[@adamhilmi761]

Grind really paid off dayum!

[@aishwaryapotdar1348]

Doing IB, this just SORTED my paper 3, mocks tomorrow, thanks man

[@DR-ld4jn]

People who say God isn't real obviously haven't watched econplusdal

[@ChloeMukibi]

He's a blessing from God for sure for sure

[@MrAnibal17]

Dal man I fucking love you, you literally gave me so much help in the IB exams i just did...you are a god amongst men dude

[@kellysangha7601]

Oh Dal I'd be lost without you

[@cicyove1227]

Thank you! This summary is very clear and helpful

[@nine_hundred_and_eighty_one]

my brain is in inflation by this knowledge

[@mert.a4240]

LORD ECONPLUSDAL , LEGEND HERO ICON

[@alessioanka-muller2993]

I am seriously in love with you.

[@javierlimaddafewcharacters]

thank you for saving my econs grade i love you sir

[@harshm8450]

Hey man! Can you please make a video about consumption function, savings function and investment function

[@joeslack]

Thank you for your Macro prediction video, destroyed the exam. Dal is life

[@danielpaz9414]

best youtube channel for ib economics

[@robertdonald4527]

the one person who has disliked is a snake

[@beedlethebard1813]

What if he is red green colour blind?

[@Zero6IDK]

You absolute legend

[@af7125]

im watching this 16 hours before my exam, lord help me

[@Ali_X_]

how did it go?

[@TafriaTayeeba]

for me, it's 9 hours

[@LifvingConnoisseur]

@@TafriaTayeeba same g

[@evanofford3813]

Mines in 17 hours

[@rexynator_ytb]

Me too :"(

[@harryammon2274]

Whoever said you couldn't cram hours before a themes paper has never watched EconplusDal videos'

[@asjadnaqvi3088]

and what was the reesult ?

[@tzutzu6455]

Econplusdal is god

[@johnrenfro7333]

EconplusDal could make Ebenezer Scrooge smile

[@milanpal2634]

i love u econplusdal

[@bellaanne8419]

Does this mean the multiple choice questions will mainly consist of definitions and calculations judging by specimen papers and AS?

[@adamhilmi761]

This was perfect!

[@MaxNicholas]

thank you dal

[@bobbynation515]

thank you dal

[@JohnStevenParker]

daddy dal

[@wilfridwhishaw5042]

thank you dal

[@olliebell7177]

Who’s here before paper 3 tomorrow 😬

[@tobiasleigh-wood3978]

What is the difference between productive efficiency and Minimum Efficiency scale?, Is it just that one is long run whilst the other is short run

[@jwstansfield]

Are you going to be doing a hot topics video for aqa paper 3?

[@sanaa1710]

He said it's impossible to make predictions

[@jwstansfield]

'he' (you mean god) also predicted the topics for both paper 1 and 2

[@itsZeyla]

Jonathan Dunn c

[@anatolykushnir9404]

thanks ma dude

[@romace5006]

do you think financial markets can come up as an essay question?
what about brexit? in one of the extracts in the macro exam (aqa) it was written the record low in history 0.25% interest rate... maybe the exam was written during that time?

[@kavishmaster7605]

Did it come up for you then?

[@toothpastealeks729]

Do you think the 25 marker for the paper 3 will be more macro focused more specifically, development economics? That's what my head of department said and he's on the exam board for AQA

[@Alex-wi7xh]

hey bro what did u get for econ?

[@decgagan8308]

What a legend

[@sebastianblackfyre]

thank you

[@ajithkedar]

Thanks a lot

[@user-lw8ff7fc7p]

is minimum efficient scale the same as productive efficiency? min point on the AC

[@mudmeeprungprasert3565]

my hero

[@iwatchyoutube5111]

How do you calculate Real GDP/capita using index numbers?

[@takoacartwright9111]

thanks bro

[@nishishabima]

what is the price index and how do you calculate it please help

[@tobygoodrum7650]

Any idea how to do a weighted index?

[@EconplusDal]

Yes multiply price by weight for each good/service. Then add up all weighted prices to get weighted price of a basket. Then index values of the basket for each year. % change to then work rate of change

[@Neoscarface6342]

whats the difference between total product and quantity?

[@saweera123]

what about weighted index is the a formula?

[@robbiebrown602]

is it possible to put a number on environmental costs (for green gdp)??

[@SimsonWaddywaddy]

If only you had posted this video two weeks ago. My A2 CIE economics paper 3 would've gone smoother 😞😞

[@williamx9294]

Godlike

[@liamm-s7933]

"What the heck is section A + B" @Econplusdal Watch your profanity!

[@Fatemainnit]

hey guys can someone tell me if this is useful for edexcel paper 3?

[@nashmiaabid5324]

how can I work out a weighted index with a base year..?

[@benturpin1487]

He has done some examples on his Twitter page.

[@AlevelStudent-c1y]

Isn’t both marginal and average revenue just Price ?

[@saturn6341]

That's for markets with perfect competition

[@mochibangtan2406]

what about some help for Edexcel paper 3?😭

[@EconplusDal]

Check this playlist out, everything you need is in here for Paper 3 th-cam.com/video/ZEY0acpbgWI/w-d-xo.html

[@inzaghikagawa]

hey ib

[@maxiboy82]

Go to work Mitch

[@teosteosteos]

goat

[@Jablamski12]

smell my beads eyal