Edexcel Economics Unit 3 - ALL DIAGRAMS!

All diagrams along with concepts explained in detail for unit 3 Economics. This video will be useful for both Edexcel and Cambridge students.

Timestamps.
Introduction 0:00
Basics 3:20
Market Structures 13:08
Perfect Competition 18:17
Monopolistic 29:30
Monopoly and oligopoly 35:27
Efficiency Points 39:04
Allocative Inefficiency 59:56
Changes in Cost, Revenue and Profit 1:05:00
PED and Revenue Loss / Gain 1:12:06
Natural Monopoly 1:21:55
Price Discrimination 1:29:58
Shutdown Points 1:35:31
Shape of TR relevant to MR curve 1:47:02
X inefficiency 1:52:09
Game Theory 1:53:46
Demand and supply for labour 2:00:10
Monopoly and monopsony and Bi-Lateral 2:01:14
Maximum and Minimum wage 2:10:43
Price controls on the product market 2:16:09

[aneeqrobin]

Awesome stuff to help refresh my mind before examination time. 🔥 very helpful. Would advise all fellow peers to watch this and go for exams. Solid stuff Mr Hanes 🤯

[rosh]

Superb video! Please do all of the units.

[xezaianime]

I appreciate your help so much; before, I had quite a lot of trouble understanding the diagram. I appreciate your excellent explanation. Thank you jade Education and the teacher for providing such a video

I have a request can you make a video on writing structure of business and economic like whenever write answer I have problem with writing the application or the context part making my answer not so good can you give some tips or make a video on how to make it better please ❤❤

[_mekk_]

Class video, all the necessary stuff in one video for diagrams very helpful and covers why the diagrams are as they are as well, thanks very much :)

[cjful]

Thank you! Could you do unit 4 please 🙏

[yeliz]

thank you so much for this, i have my last set of mocks in a few weeks and this helped alot :)

[josephc]

Please also upload unit 4, much appreciated

[ManyFestLife]

Please Upload a Knowledge referesher Video for Economics Unit 3 & Unit 4 it would be really helpful

[tasinahmed]

Please make refresher of u3 eco and business

[tamhidtaneem]

6:13 - As far as I know, the MR curve should always be cut at half the axis of the AR Curve so (as far as I know) this might be wrong. However, I am not 100% sure about this so could you clarify this?

[noralopete]

Hi sir, I have two questions.
Is this video base on the International Baccaulaurate Curriculum? Is this ONLY/ALL macroeconomics?
Thank you so much for your time and help.