IB HL ECONOMICS: Every equation/formula you need for Paper 3!

This video takes you through every equation and formula that you need to memorise in order to get a 7 on your HL Economics Paper 3!

[tomh]

Good luck to everyone with their econ paper 2 and 3 tomorrow !

[premiumyoutube]

Tomorrow we march in. Good luck everyone

[jerryli]

Hi I don’t think includes the Keynesian multiplier which is: 1/marginal propensity to withdraw (Different form of formula: 1/1-marginal propensity to consume) But other than that this video is perfect. Thanks

[basgoossens]

Error when calculating %change in Qd, around minute 2:30. If im wrong delete my comment

[hemendunandan-oemu]

00:01 Understanding Opportunity Cost Calculations
00:55 Understanding demand and supply curve equations
01:54 Calculating percentage change and price elasticity of demand (PED)
02:57 Equations for Cross Elasticity of Demand, Income Elasticity of Demand, and Theory of the Firm
03:47 Understanding the different types of costs in economics.
04:51 Understanding key economic equations for Paper 3
05:54 Key economic formulas for Paper 3
06:47 Calculating total tax paid with progressive taxation
Crafted by Merlin AI.

[brogamers]

We march for the last time boys never back down!

[gxd-dfqg]

This really helped me prepare for M21 exams, thank you.

[sophiacho]

Shouldn't the % change in Qd be (2:25) be
(150-110)/150 * 100 = 8/3 ?

[Ryan-fqud]

i have paper 3 econ mock today, hope I ace it.

[kaisvasaya]

There are lots of other calculations, which are missing here, that also come in our papers like questions about the simple spending multiplyer and the kerynesian multiplier with respect to the tax and money multiplyers. would like to learn about those too, thanks.

[toxicxplays]

is this all the formulas or are there any for international

[Flexcharino]

You go too fast man! I had to slow you down, and pause the video at many points to digest😂😂😅

[aryyxn_]

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