Hi Robin, Thank you for this. You are completely correct. I have made the change. Comments like this are very useful to me. Kindest, Alex
Unit 2.11(4) Market power - Monopolistic competition(HL)Hi Alexandru, Thank you so much for your valuable contribution. I have made the adjustment to the text so that it is clearer. Comments of this type are very useful to me. Kindest, Alex
Unit 2.7(2): Governments in markets - price controlsI have a comment regarding the accuracy of the explanations for the impact on stakeholders of a price ceiling being imposed. The yellow shaded area in diagram 2.34 is not the "gain" in consumer surplus, but the entire consumer surplus. In order...
Unit 2.7(2): Governments in markets - price controlsIn the Dutch nightclub case study, it sayd “Average Total Cost” $73,440 but this should be “Total Cost”, not ATC Thanks /Robin
Unit 2.11(4) Market power - Monopolistic competition(HL)Hi, thank you for the excellent slides in this unit. I have noticed that the link to unit 2.6 PES goes to Unit 2.5 (2) YED instead. Can this link be corrected. Thank you.
Microeconomics units 2.5(1) to 2.7(4)I agree Glenn but that is the information from the real world and unfortunately that period included Covid-19 which skews every single figure.
Equilibrium in macroeconomics (neo-classical perspective)The answer to activity 4 seems a bit convoluted, as it says unemployment is rising (12 month lag) but unemployment in fact fell the following year. Doesn't seem like a clear explanation, or am i just not reading this correctly? Thanks
Equilibrium in macroeconomics (neo-classical perspective)Are you sure Valentina, it works for me?
Multiplier (HL only)Hello, the link to the video on crowding out is broken, can you please fix it?
Multiplier (HL only)
Alex
Site authorHi Michael, Thank you so much for pointing this out. I'll make the change. Kindest, Alex
Microeconomics units 2.5(1) to 2.7(4)