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StudentEconomist
Registrace 8. 09. 2023
This is my attempt of using the CZcams platform for objective good. I am of the belief that if one has a talent, then it shall not be kept to himself. My love of Economics and writing is personified through the content released on this channel. I hope to enrich your minds whilst giving my gift of learnt knowledge. As your knowledge of the great subject improves, so will my skills as a CZcamsr. Enjoy!
Free Market Song
Hey guys, just in case you still didn't get nostalgic when you first heard the beat, this song is an Economics remake of the song, Where Ya At by Future feat. Drake (KDot could never). I never claimed to be a rapper, but I hope that you have learnt a bit more about the Free Market as an economic system.
Do enjoy!
Link to Playlist: czcams.com/play/PLAaUpRapABItqY74s7T2bs2klcv3fzgZh.html
Do enjoy!
Link to Playlist: czcams.com/play/PLAaUpRapABItqY74s7T2bs2klcv3fzgZh.html
zhlédnutí: 32
Video
Economic Decisions (Influencing Factors) and Intro to Production
zhlédnutí 39Před měsícem
Hey guys, this video will mark the third addition to my CSEC Syllabus Playlist! Do enjoy! Link to Playlist: czcams.com/play/PLAaUpRapABItqY74s7T2bs2klcv3fzgZh.html Special Thanks to @AerialPerspectivesja for the drone shot shown from 14:18 to 15:02
Answering the Trade Union and Monopsony Question
zhlédnutí 160Před měsícem
Hey guys, there has been a lot of discourse in the comments about the answer change from 'a decrease in the quantity of labour demanded' to 'an increase in the level of employment'. I explain the answer change here in this video. I hope this helps.
CAPE Economics Unit 1 Paper 1 2023 Answer Walkthrough
zhlédnutí 1,3KPřed měsícem
Answers (Take these answers with a grain of salt) 1. C 2. A 3. A 4. B (changed to ‘a pivot inwards from the beef axis) 5. A 6. C 7. B 8. C 9. D 10. B 11. C 12. C 13. A 14. A 15. D 16. A 17. D 18. C 19. A 20. D 21. D 22. A 23. B 24. B 25. A 26. B 27. D 28. B (changed to ‘excludable and non-rival’) 29. D 30. C 31. A 32. A 33. C 34. C 35. A 36. B 37. C 38. D 39. D (this question is debatable but I...
CAPE Economics Unit 1 Paper 1 2015 Answer Walkthrough
zhlédnutí 296Před měsícem
Answers 1. D 2. C 3. D 4. B 5. A 6. B 7. A 8. C 9. A 10. C 11. C 12. A 13. B 14. D 15. B 16. A 17. B 18. B 19. A 20. B 21. D 22. A 23. C (changed to ‘adverse selection’) 24. C 25. B 26. B 27. C 28. B 29. D 30. C 31. A 32. A 33. C 34. D 35. B 36. C 37. A 38. D 39. B 40. C 41. A 42. B 43. A 44. B 45. A
CAPE Economics Unit 1 Paper 1 2016 Answer Walkthrough
zhlédnutí 504Před měsícem
Answers 1. A 2. C 3. B 4. D 5. A 6. C 7. D 8. B 9. A 10. A 11. C 12. B 13. C 14. C 15. D 16. C 17. B 18. D 19. D 20. B 21. A 22. D 23. A 24. D 25. A 26. B 27. A 28. B 29. B 30. A 31. C 32. B 33. D 34. D 35. A 36. B 37. A 38. C 39. A (changed to ‘an increase in employment levels) 40. C 41. C 42. D 43. A 44. C 45. B
CAPE Economics Unit 1 Paper 1 2017 Answer Walkthrough
zhlédnutí 497Před měsícem
Answers 1. C 2. C 3. D 4. C 5. A 6. A 7. B 8. C 9. D 10. B 11. C 12. A 13. B 14. C 15. D 16. A 17. C 18. B 19. C 20. D 21. D 22. A 23. B 24. C 25. B 26. A 27. A 28. B 29. C 30. B 31. B 32. A 33. C 34. B 35. B 36. C 37. D 38. D 39. B 40. C 41. D 42. A 43. B 44. A 45. D
CAPE Economics Unit 1 Paper 1 2018 Answer Walkthrough
zhlédnutí 425Před měsícem
Answers 1. A 2. B 3. B 4. C 5. A 6. C 7. D 8. C 9. C 10. A 11. A 12. D 13. C 14. D 15. B 16. C 17. B 18. C 19. D 20. B 21. D 22. A 23. A 24. D 25. A 26. B 27. A 28. B 29. B 30. A 31. A 32. B 33. C 34. D 35. B 36. C 37. A 38. C 39. A (changed to ‘an increase in the level of employment’) 40. C 41. B 42. D
CAPE Economics Unit 1 Paper 1 2019 Answer Walkthrough
zhlédnutí 424Před měsícem
Answers 1. B 2. A 3. C 4. A 5. C 6. D 7. B 8. A 9. D 10. B 11. C 12. C 13. B 14. C 15. D 16. C 17. C 18. B 19. A 20. D 21. C 22. A 23. D 24. B 25. B 26. D 27. B 28. A 29. D 30. C 31. A 32. A 33. D 34. B 35. A 36. D 37. C 38. D 39. C 40. C 41. D 42. A 43. B 44. A 45. D
CAPE Economics Unit 1 Paper 1 2020 Answer Walkthrough
zhlédnutí 388Před měsícem
Answers 1. A 2. C 3. A 4. C 5. B 6. C 7. D 8. C 9. C 10. A 11. A 12. B 13. C 14. A 15. D 16. C 17. A 18. C 19. C 20. B 21. D 22. A 23. A 24. D 25. A 26. B 27. A 28. B 29. D 30. D 31. A 32. D 33. C 34. D 35. A 36. C 37. B 38. B 39. A (changed to ‘an increase in the level of employment’) 40. C 41. B 42. C 43. B 44. D 45. D
CAPE Economics Unit 1 Paper 1 2022 Answer Walkthrough
zhlédnutí 1KPřed měsícem
Hey everyone, this video is a re-upload of the 2022 Paper 1 with improved audio quality. Enjoy! Answers 1. B 2. C 3. A 4. D 5. B 6. D 7. D 8. C 9. C 10. A 11. D 12. B 13. A 14. A 15. D 16. C 17. B 18. C 19. C 20. D 21. D 22. A 23. B 24. D 25. B (corrected to 'excludable and non-rival') 26. B (corrected to 'non-rival') 27. A 28. A 29. D 30. B 31. A 32. D 33. A 34. B 35. A 36. B 37. B 38. C 39. D...
CAPE Economics Unit 1 Paper 1 2021 Answer Walkthrough
zhlédnutí 541Před měsícem
Answers 1. A 2. B 3. C 4. A 5. A 6. A 7. B 8. C 9. D 10. B 11. C 12. C 13. D 14. A 15. D 16. C 17. C 18. B 19. A 20. D 21. D 22. A 23. B (corrected to 'non-rival') 24. B 25. C 26. B 27. D 28. A 29. D 30. C 31. A 32. A 33. C 34. B 35. A 36. B 37. C 38. D 39. C 40. D 41. D 42. A (changed to ‘an increase in the level of employment’) 43. B 44. A 45. B
The PPF and Economic Systems
zhlédnutí 65Před 7 měsíci
This video is a brief overview of major concepts regarding the Production Possibilities Frontier (PPF) and Economic Systems in accordance to the CSEC and CAPE syllabi. Enjoy and thanks for watching! Link to Playlist: czcams.com/play/PLAaUpRapABItqY74s7T2bs2klcv3fzgZh.html
What is Economics? (Basic Concepts for CSEC)
zhlédnutí 208Před 10 měsíci
What is Economics? (Basic Concepts for CSEC)
No one is a victim of the free market.
goat
I’m so glad I found this paper I’ve been searching everywhere! But question 42 is; D) A decrease in the quantity of labour demanded Higher wages typically increase the cost of labor for employers, leading them to reduce the number of workers they hire. In an imperfectly competitive market, firms may not have the ability to pass on higher costs to consumers through higher prices, which further compels them to cut back on the amount of labor they demand.
If we are talking about a perfectly competitive labour market then I solemnly agree with this statement but lest you forget that in an imperfectly competitive market, both the firm (usually a monopsonist) and the employees (through collective bargaining efforts in a trade union) both have the ability to influence the wage rate. With the market power of the monopsonist, he has the ability to buy labour at lower cost on the supply of labour curve under the profit maximization MCL=MRP assumption. This low wage encourages workers at the profit maximizing output to bargain for higher wages at the regular equilibrium of supply and demand of labour which induces both an increase in wage rate and employment. However, I will acknowledge that quantity of labour demanded can indeed decrease in an imperfectly competitive labour market, like you said, but that is only if the trade union bargains for a wage rate that goes above the higher wage rate where MRP=MCL. This situation is more unlikely than the increase in employment as a rational monopsonist would not agree to such terms. For further clarification and illustration, see my most recent video below: czcams.com/video/ZRjRMueTqvo/video.html Hope this helps❤️
much appreciated for the videos sir 👍
Thank you sir🙏
Sir i wanna thank you for taking time out to do a great span of these papers in such a short time frame and because of you i feel like i am ready for the exam 🙏🙏
Thanks. This is why I do what I do.😁
LOL, I can't even... this is too much!
23:04 #39 is A (an increase in the level of employment) not D
can u explain how sir?
@@kandiabrown7013 Hey I explained it in this video czcams.com/video/ZRjRMueTqvo/video.html
17:06 #39 is A (an increase in the level of employment) not D
Up ino sir
15:06 #39 is A (an increase in employment levels) not D
nahh u were right with D. it asked for a consequence (negative effect)
@@salagundo Check out the latest video where I explain why the answer is A czcams.com/video/ZRjRMueTqvo/video.html
Thank you 🙌
Thank you
6:54 #23 is C (adverse selection) not D
2:28 #4 is B (a pivot inwards from the beef axis) not A 14:44 #28 is B (excludable and non-rival) not A 21:25 #42 is A (an increase in the level of employment) not D
You got 42 right
@@Zerks700Nope go check the community post I recently made 42 is A you’ll see why.
when since the answer change?? It’s always been D
Sir is number 27 B or D? my bad sir I’m confused
It’s B (non-rival) I changed the answer in the video.
Thank youuuu!!
Np. Take the answers with a grain of salt especially #39.
Thank you again sir big up !!
Sir could you please post the 2023 solutions Thanks in advance
It’s up now
Thank you
Np
Sir I just saw the other videos there was only 3 unit 1 paper 1 videos so thank you for taking the time out to help us!
Thank You 🙏
You’re welcome 😊
Thank you
You're welcome
@@1StudentEconomist can you please do 2023 or 2022 🙏
@@TenaEllis 2022 is up and I will do 2023 very soon.
Can you do the 2023 paper 1 please if you have it
I will do it soon. Check in the next 2-3 hours.
Sir could you also do 2016 to 2019 Please
Will do.
Do 2016-2019 plz
Can you do 2013 and 2014 plz
Will do.
20:45 #25 is B (excludable and non-rival) not A 21:20 #26 is C (non-rival) not D
12:12 Guys quick correction #23 is actually B (non-rival) not D 22:48 #42 is A (an increase in the level of employment) not D
Hey guys! For Question 1b), please ensure that you explicitly stated that at P1, there will be a shortage as Q2>Q1 (that is, Qd>Qs). I alluded to it by saying 'too much demand' but ensure to say there is 'excess demand' or 'shortage'.
firstttt comment
so cool
Great content, incredible start….now in high anticipation mode for the follow up contents
Wow that’s my guy 👏🏿👏🏿. I’m so proud
I love this...way to go. 🎉
🙌🏾🙌🏾
Yahmazing productivity!
Jaleel, I’m so proud of you Fam. This is so well put together! Guh deh
Come through with the editing skills!
Let's go Jal! 🎉🎉🎉
I know this guy!! Go!
Let’s go👏🏾