Economics | DESC Dubai

Economics at @DESCdubai - British Curriculum, award winning, inclusive, not-for-profit provider of secondary education in Dubai. Sister school to @DESSdubai

[Economics | DESC Dubai @DESConomics]

Important: take a break, step away from the laptop and have some time to recover from that busy week. The law of diminishing returns is real. Trust me I’m an economist. #DESCOnlineLearning @DESCDubai @KHDA @DESCWellbeing

[EconplusDal @econplusdal]

We have to do it... LIVE STREAM on YouTube tomorrow at 7pm-7.30pm. To make sure you can absolutely and positively smash Paper 3 out of the park!!! Be ready for one final time! 😎💪😮#powergains #livestream #smashpaper3 #econplusdalfamily #lastpush

[tutor2u Economics @tutor2uEcon]

Just added to the tutor2uEcon reference channel resources:
Micro and Macro Aspects of increased house-building | Synoptic Paper 3
https://t.co/rrzoNvD1bO
In this synoptic economics revision video we look at some of the micro and macroeconomic effects of a substantial increase in

[EconplusDal @econplusdal]

Key UK Stats that you will definitely use in Paper 2; 1) Annual Growth (2022) 4.1% 2) 2023 Forecast Growth -0.2% 3) Unemployment 3.9% 4) CPI 10.1% 5) CA Deficit 4.2% GDP 6) Base Rate 4.5% 7) Budget Deficit 5.7% GDP 8) National Debt 100% GDP 9) -ve Output Gap 10) Gini 0.343 #gold

[tutor2u Economics @tutor2uEcon]

A reminder about the new resource added yesterday to the tutor2u Economics Reference section:
Quantitative Tightening and the possible impact on UK commercial banks
https://t.co/M1xTd7ckjk

[tutor2u Economics @tutor2uEcon]

A reminder about the new resource added yesterday to the tutor2u Economics Reference section:
What is demand-pull inflation?
https://t.co/UQc5LJ2tar
#economicsteacher #economics

[EconplusDal @econplusdal]

Now let’s rock Paper 2 together! Awesome Brand New Video with Revision Advice and Preparation for Paper 2. Crucial tips in here to help with revision over the next few days – I can’t wait or Paper 2, it’s gonna be amazing again! https://t.co/M3BSIUWlcp

[EconplusDal @econplusdal]

Tons of awesome videos in this playlist; UK Economy Stats, Macro Power Diagrams, Themes, Hot Topics and Paper 2 Advice. Got to watch these A* videos for sure! 😎 https://t.co/7chgEBmjyF

[EconplusDal @econplusdal]

Classic Labour Market Eval. Points for Trade Union Essays; 1) Real Wage U 2) Wage Elasticity of Labour Demand and Supply 3) Monopsony Market 4) Union Density 5) Mark Up 6) Regulations That Lower Union Power 7) State of the Economy 8) Impact on Firms 9) Structure of Economy

[EconplusDal @econplusdal]

Classic Labour Market Eval. Points for Min. Wage Essays; 1) Real Wage U 2) Wage Elasticity of Labour Demand & Supply 3) Monopsony Market 4) Inflation & International Competitiveness 5) Impact on Gov. Finances 6) Level (How Far Above Equilibrium) 7) Impact on Youth and Low Skilled

[EconplusDal @econplusdal]

Classic Eval. Points for Monopoly Regulation/Competition Policy Essays; 1) Asymmetric Information 2) Cost 3) Regulatory Capture 4) RPI not CPI for Price Caps 5) Unintended Consequences 6) Loss of Monopoly Benefits 7) Nature of Market e.g. Necessity Good Provided

[tutor2u Economics @tutor2uEcon]

Oligopoly - Supermarkets investigated over "rocket and feather pricing"
https://t.co/GkOagb9FkC

#economicsblog
Signup for the daily digest: https://t.co/jBOtgtDnfX

[EconplusDal @econplusdal]

Great Unique Eval. for Market Failure Policies to impress examiners: 1) Is there really a market failure? 2) Could markets solve the problem? 3) Risk of government failure so high so leave the market alone 4) Impact on individual freedom, liberty and choice. Too much paternalism?

[EconplusDal @econplusdal]

Classic Eval. Points for Market Failure Policy Essays; 1) Cost (SR/LR concerns) 2) State of gov. finances 3) Information valuing externalities 4) Elasticity 5) Government Failure 6) Enforcement 7) Stakeholder Conflicts

[EconplusDal @econplusdal]

Classic Eval. Points for Market Structure Essays; 1) EoS/DoS 2) Regulation 3) Supernormal Profit Re-invested? 4) Natural Monopoly 5) Necessity/Luxury Good 6) Objective of Firm 7) Contestability 8) Where are costs being cut? 9) Creative Destruction 10) Anti-Competitive Strategies

[EconplusDal @econplusdal]

Novel policies like Universal Basic Income (UBI) and Wealth Taxation could be a feature of exams this year. They are hotly debated currently. UBI video was released yesterday and today is Wealth Taxation. Be sure to check them out 👍https://t.co/WBD4ccWS4K

[EconplusDal @econplusdal]

When revising policies to redistribute income have some novel policies up your sleeve too like Universal Basic Income. Tried in many countries and become more popular. This brand new video covers everything about this policy, perfect to use in an essay https://t.co/Nv2hMWvMkw

[EconplusDal @econplusdal]

This Brand New video is a major hot topic for Macro exams – Pros, Cons and Evaluation of Rising Budget Deficit and National Debts. Be sure to watch it and be strong with the theory😎 https://t.co/nywfQkTcQ5

[EconplusDal @econplusdal]

From experience 3 Macro topic areas that are often under revised; 1) Costs/Benefits of Growth, Unemployment, Inflation 2) Balance of Payments 3) Development. Don't let this be you, cover everything with videos. Become the Economics King!

[EconplusDal @econplusdal]

From experience 3 Micro topic areas that are often under revised; 1) Labour Market 2) Competition Policy and Market Liberalising Policies 3) Topic area of Costs, Revenues, Profits, Objectives. Don't let this be you, cover everything with videos. Become the Economics King!

[EconplusDal @econplusdal]

Technology has increased contestability by; 1) Reducing barriers to entry/exit 2) Improving information 3) Increasing number of potential firms who can enter a market BUT through innovation, patents and use of personal information, technology may have reduced contestability too