We introduce the concept of economic efficiency in this first video in a playlist on efficiency - an important micro...
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The concept of allocative efficiency is explored in this video. Allocative efficiency is reached when no one can be made...
In this short revision video we cover productive efficiency. Productive efficiency exists when producers minimize the wastage of resources. Productive...
In this video we explore the concept of dynamic efficiency, look at the difference between process and product innovation and...
In this short revision video we explore the concept of X-inefficiency - associated with the absence of competition in markets...
In this revision video we look at the market mechanism. We think about a shift in demand leads to a...
In this revision video we cover the key factors that influence the coefficient of price elasticity of demand. #aqaeconomics #ibeconomics...
In this video we will look at a handful of examples of products and ask whether demand from consumers is...
In this revision video we look at the financial account of a country's balance of payments. #aqaeconomics #ibeconomics #edexceleconomics. source
The capital account of a country's balance of payments is explained in this short revision video. #aqaeconomics #ibeconomics #edexceleconomics. source
In this video we look at some of the underlying causes of a country running a current account deficit and...
In this video we look at some of the underlying causes of a country running a current account deficit and...
In this video we consider some expenditure-switching policies that might be used if a country wants to improve their trade...
In this video we explore the importance of supply-side policies for a government wanting to achieve a long-term improvement in...
In this video we look at countries running large external current account surpluses. #aqaeconomics #ibeconomics #edexceleconomics. source
The concept of joint ventures and some topical examples are covered in this short business economics video. source
The nature of and examples of conglomerate integration as a form of external business growth is covered in this short...
Business demergers are explained and illustrated in this updated revision video for A-Level Economics students. #aqaeconomics #ibeconomics ... source
Here is an essay plan for a question examining whether economies of scale benefit firms and their shareholders more than...
This is an updated video on the basic economics of import tariffs. Tariffs are a tax on imported goods and...
