make sure you register to the youtube partners program & make some money - can see your videos get a lot of views! Very helpful, exam in two days & your videos have made me much more confident
Lols Charlotte this is no time for jokes our exam is on Monday!...because we were so serious throughout this years lessons obviously😜 I mean that's why we've both spent an entire day going through this playlist multiple times😂😂
+Charlotte Sykes Whalley oh yes of course because with Stevo as our teacher who managed to find a way to make an avocado the example of every piece of economic theory we are 100% prepared for every eventuality😜 'comment on the effects of an increase in the budget deficit upon the macroeconomic objectives'...'well in terms of the avocado industry employment will increase because avocados are magical and are unaffected by changes in any variable #ceterisparibusguaranteed
+Beth McGrath DON'T FORGET THE FREDOS!! The extreme knowledge of fredos will get is so far in the future , the sudden rise in the price level of fredos has made Stevo very unhappy , he's become so unhappy that he can no longer notice unexplained dinosaurs, sweet corn pens, melons, large baguettes or turnips in his classroom ,, sad times
+EconplusDal can a 'bad investment' be a cause of a BOP disequlibrium? Say that a country makes an investments, i.e., builds a factory in country B. Now, suppose it somehow doesn't work out and the country A gets a bad return for it's investment and hence the income part of the Current Account gets a lower value than it was meant to.
@EconplusDal can a 'bad investment' be a cause of a BOP disequlibrium? Say that a country makes an investments, i.e., builds a factory in country B. Now, suppose it somehow doesn't work out and the country A gets a bad return for it's investment and hence the income part of the Current Account gets a lower value than it was meant to.
4 years too late but it's because current transfers are payments where no goods/services are being paid for but given as an aid or charity, like workers sending their money to their family aka worker's remittance :))
Yes you could. ONS (office for national statistics) accept income as income from employment abroad hence why I mentioned that example here. Most people generically categorise the income balance as investment income. Doesn't matter really
Michael he doesn't videos for all specs, you may find some stuff in each playlist irrelevant to the unit you are studying for so don't just rely on the playlist :)
8 years old yet the most useful video on TH-cam for this topic
fr bro this man is a legend
This guy is better at explaining Macroeconomics than my university professors will ever be
my g's teaching levels are on a madness. safe bro
Is this supposed to be an english sentence??
@@frazerkirkland1506 shut up bruv
@@jeff9846 sorry ‘bruv’
@@frazerkirkland1506 levels
Getting us through the a level lets go
Simple no nonsense explanation. Thank you!
Have a macroeconomics exam today, this playlist is saving my ass
Jun? 🤣
@@AmirHussain-fq6uu do ik you aha
You are the master of economics, thank you!
you just gotta love him. I learned more in one day with his videos than in one year with my university professors
I learned more him than I learned from the book and my professor.
You're an excellent teacher, thank you! Very clear and understandable.
U r the exacttt teacher i m looking for.... Sir i appreciate ur efforts...
I understand from your videos more than I understand anywhere.
You are a boss teaching. Thanks!
Realest economics teacher
realtor
make sure you register to the youtube partners program & make some money - can see your videos get a lot of views!
Very helpful, exam in two days & your videos have made me much more confident
AbbsN8 Ended up getting a B! thank you
+AbbsN8 congrats
which exam board?
do you remember this
helped me truly understand the topic in 6 minutes, my teacher couldn't in a 2 hour lesson
You have done a wonder! Great job man!
You sir, are a legend
I love you and your videos. Thank you so much you are amazing!
In 2024, it's yet very helpful... wonderfully explained
Late studying for a test and this is really good! Thank you for the clear videos!
I'm really appreciating these videos, thanks so much :)
Many thanks EconplusDal
wow, always great
Excellent!
So it's quantity not value, right??
Lols Charlotte this is no time for jokes our exam is on Monday!...because we were so serious throughout this years lessons obviously😜 I mean that's why we've both spent an entire day going through this playlist multiple times😂😂
+Beth McGrath I'm being serious Bethany!! I always put 100% of my concentration into ever economics lesson!, I find them surplusey interesting 😂😂
+Charlotte Sykes Whalley oh yes of course because with Stevo as our teacher who managed to find a way to make an avocado the example of every piece of economic theory we are 100% prepared for every eventuality😜 'comment on the effects of an increase in the budget deficit upon the macroeconomic objectives'...'well in terms of the avocado industry employment will increase because avocados are magical and are unaffected by changes in any variable #ceterisparibusguaranteed
+Beth McGrath lols that's doesn't actually even make sense😂😂 it does if you change it to current account deficit😏😂
+Beth McGrath DON'T FORGET THE FREDOS!! The extreme knowledge of fredos will get is so far in the future , the sudden rise in the price level of fredos has made Stevo very unhappy , he's become so unhappy that he can no longer notice unexplained dinosaurs, sweet corn pens, melons, large baguettes or turnips in his classroom ,, sad times
I feel like I'm in special ed not knowing this and the way he explains it thank you.
You legendary life saver
please keep the videos coming
+EconplusDal can a 'bad investment' be a cause of a BOP disequlibrium?
Say that a country makes an investments, i.e., builds a factory in country B. Now, suppose it somehow doesn't work out and the country A gets a bad return for it's investment and hence the income part of the Current Account gets a lower value than it was meant to.
simple and concise
Crystal clear
so we're measuring volume right?
Thanks so much👏
Crazy how I was in Year 4 when this was made.
As it is value can you therefore import more goods and services than you export but still have a positive trade balance?
Yes absolutely, value not volume
@EconplusDal can a 'bad investment' be a cause of a BOP disequlibrium?
Say that a country makes an investments, i.e., builds a factory in country B. Now, suppose it somehow doesn't work out and the country A gets a bad return for it's investment and hence the income part of the Current Account gets a lower value than it was meant to.
No it cannot it's called the balance of payment for a reason it has to balance. Bad investment may create a deficit but that will be corrected.
hey! I'd like to ask, I'm looking at my A Levels text book and it puts workers remittances under current transfers. Could you please explain? :)
4 years too late but it's because current transfers are payments where no goods/services are being paid for but given as an aid or charity, like workers sending their money to their family aka worker's remittance :))
Excellent
hi what is the best resources online for finding out up-to-date balance of trade info for trading FX please? (thank you)
10 years agooo!!!????
Is financial account similar to official reserve account?
Will a negative trade balance reduce a country's GDP?
Isn't Current Account denoted by NX where NX=X-IM ?
what is eternal blizzard ?
what you said about the income in 2.48, is it not also transfers
Yes you could. ONS (office for national statistics) accept income as income from employment abroad hence why I mentioned that example here. Most people generically categorise the income balance as investment income. Doesn't matter really
ok thanks
what exam board do you base your teaching on?
Michael he doesn't videos for all specs, you may find some stuff in each playlist irrelevant to the unit you are studying for so don't just rely on the playlist :)
Trade surplus is good and trade deficit is bad, right?
yep
are we measuring quantity ?
Steven Kirby yea i think so
jk
+BalveerB fucking savage replying after the exam. Mans been mugged off.
But Steven scored full marks in both the macro and micro economics paper.
2:55 "the payment of EU fees so paying fees to the EU" me in my exam
Great jobs any thing about sustainability of current account please
Hello, Sir. We have searched your name everywhere. But we haven't come across you anywhere. So, can we know your name, please?
+ravina mehta lol why do you need his name
Hiiii vik lol
Can you do the other components of BofP for an A2 video
The Flather Lots more A2 videos are coming, this topic will definitely be covered
+EconplusDal Did anyone tell you are the man ? Cuz you the man!
GG
How can i pass this subject