Hey everyone! Or perhaps I should say, "Hey you!" since you are one of the few (might I say special) people who found this channel. You see, "Econbusters" used to be a different channel. It was "Branded" channel associated with my Education account. However, in the dark of the night, or perhaps light of day, RU-vid got rid of these (or at least impossible to log into). No big deal, you have found the new Econbusters channel. It is its infancy right now, but it will grow up.
Finally, what is the purpose of Econbusters? I'm glad you asked. It is to make 101 College Level economics accessible to all. It's goal is to bring understanding to the teaching of economics. Again, it focuses on the principles of economics (or foundational concepts) as taught by an entry level college course.
Anyhow, thanks for reading this. In time, I hope you find this site very helpful in your quest to understand the foundational concepts of economics.
a question: After the per unit tax is added, didn't the optimum quantity change to the point that S(after tax) curve intersect the demand curve? Why the opt point didn't change?
As a CFA charter holder, your videos are of immense value to the internet. You have taught me a lot and will keep following your videos. Keep up the great work
Wow! This video made so many lightbulbs go off for me. Cannot thank you guys enough. Your videos do such an amazing job both on the lecture part and the subtle edits. Cheers!
Great job! You did one thing extremely well. You labeled the y axis as $/unit. Now your explanation makes sense. Most places seem to lable the y axis $, which is very ambiguous.
You are definitely the best econ youtube creator out there. You make everyting really intuitive. I hate memorizing stuff so when i can understand something, i prefer that and your videos are doing exactly that. Some of your videos are beyond my ap macro curriculum but it makes it a lot more easier to see the big picture and understand macroeconomics. Huge thank you!!
Is the ON RRP restricted to only Money Market Funds or can Banks use this as well? If banks can use the ON RRP, then why would the ON RRP be set lower than the IORB, when the banks could just park their cash at the FED and collect interest rather than having to buy bonds from the FED and earning a smaller yield as part of the ON RRP program?
