This video focuses on surplus analysis.
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【Summary of this video】
・Consumer surplus is the sum of the willingness to buy even at a price higher than the market price,
and is represented in the graph as the area of the triangle between the demand curve and the market price.
・Producer surplus is the sum of the profits earned by producers who can produce at a cost lower than the market price,
and is represented in the graph as the area of the triangle between the demand curve and the market price. It is represented as the area of the triangle between the supply curve and the market price.
• When taxation is imposed, both consumer surplus and producer surplus decrease, resulting in government surplus (tax revenue).
• A portion of the reduced surplus is lost as deadweight loss, which belongs to no one.
• Deadweight loss is social surplus lost due to taxation, monopolies, etc., and can be represented as the area of the triangle indicating market inefficiency.
• You should be able to read and explain consumer surplus, producer surplus, government surplus, and deadweight loss on a graph based on the relationship between the demand curve, supply curve, and price.
📘 First Exam Preparation Materials Here
For those who want to study efficiently using past exam analysis data, etc.
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📊 Past Exam Data Book (This study material allows you to review frequently tested topics at the vocabulary level. Includes a vocabulary list.)
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Business Management Theory: https://takapistore.myshopify.com/pro... aign=vyLTEnpN7Cs
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Business Information System: https://takapistore.myshopify.com/pro...
Business Legal Affairs: https://takapistore.myshopify.com/pro...
📒 Business Law English Exam Preparation Set (A study material that allows you to review frequently appearing English vocabulary. Includes a vocabulary list.)
https://takapistore.myshopify.com/pro...
🆓 You can check the contents with a free sample.
https://takapistore.myshopify.com/pro...
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【Chapters in this video】
0:00 Opening
0:58 How to read demand and supply curves
3:09 How to read consumer surplus and producer surplus
5:32 Market equilibrium price and their respective surpluses
6:31 Taxation and Government Surplus
9:36 How to Interpret Government Surplus
10:52 Let's Try Solving Past Exam Questions (Reiwa 1st Year, Question 10, Revised)
14:06 Summary
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[Blog version of this video is here]
https://takapi-blog.jp/surplus-analysis
[Takapi's recommended textbooks and workbooks]
https://www.amazon.co.jp/shop/influen....
This video focuses on surplus analysis.
■Related Videos
Easy Explanation of How to Read Cost Functions (Cost Curves) - Economics - Small and Medium Enterprise Management Consultant Exam Preparation
費用関数(費用曲線)の読み取り方をわかりやすく解説します_経済学_中小企業診断士試験対策
[How to Calculate Price Indices] Explanation of How to Remember the Laspeyres and Paasche Formulas! - Economics - Small and Medium Enterprise Management Consultant Exam Preparation
【物価指数の計算方法】ラスパイレス式・パーシェ式の覚え方を解説します!_経済学_中小...
━━━━━━━━━━━━━━━━━━
🎥 Related economics videos can be found here:
経済学
━━━━━━━━━━━━━━━━━━
【Summary of this video】
・Consumer surplus is the sum of the willingness to buy even at a price higher than the market price,
and is represented in the graph as the area of the triangle between the demand curve and the market price.
・Producer surplus is the sum of the profits earned by producers who can produce at a cost lower than the market price,
and is represented in the graph as the area of the triangle between the demand curve and the market price. It is represented as the area of the triangle between the supply curve and the market price.
• When taxation is imposed, both consumer surplus and producer surplus decrease, resulting in government surplus (tax revenue).
• A portion of the reduced surplus is lost as deadweight loss, which belongs to no one.
• Deadweight loss is social surplus lost due to taxation, monopolies, etc., and can be represented as the area of the triangle indicating market inefficiency.
• You should be able to read and explain consumer surplus, producer surplus, government surplus, and deadweight loss on a graph based on the relationship between the demand curve, supply curve, and price.
📘 First Exam Preparation Materials Here
For those who want to study efficiently using past exam analysis data, etc.
Takapi Store: https://takapistore.myshopify.com/?ut...
📊 Past Exam Data Book (This study material allows you to review frequently tested topics at the vocabulary level. Includes a vocabulary list.)
★Economics: https://takapistore.myshopify.com/pro...
Finance and Accounting: https://takapistore.myshopify.com/pro...
Business Management Theory: https://takapistore.myshopify.com/pro... aign=vyLTEnpN7Cs
Operations Management: https://takapistore.myshopify.com/pro...
Business Information System: https://takapistore.myshopify.com/pro...
Business Legal Affairs: https://takapistore.myshopify.com/pro...
📒 Business Law English Exam Preparation Set (A study material that allows you to review frequently appearing English vocabulary. Includes a vocabulary list.)
https://takapistore.myshopify.com/pro...
🆓 You can check the contents with a free sample.
https://takapistore.myshopify.com/pro...
━━━━━━━━━━━━━━━━━━
【Chapters in this video】
0:00 Opening
0:58 How to read demand and supply curves
3:09 How to read consumer surplus and producer surplus
5:32 Market equilibrium price and their respective surpluses
6:31 Taxation and Government Surplus
9:36 How to Interpret Government Surplus
10:52 Let's Try Solving Past Exam Questions (Reiwa 1st Year, Question 10, Revised)
14:06 Summary
━━━━━━━━━━━━━━━━━━
▼Join our Membership Here
@takapi-shindanshi
As a member, you can watch the following content:
🎓 Past Exam Questions and Study Methods for the Second Stage (43 videos)
📚 Explanation of Key Issues in Small and Medium-Sized Enterprise Management and Policy (12 videos)
💬 Member-Only Comments and Questions
━━━━━━━━━━━━━━━━━━
📬 Takapi's Monthly Email Newsletter (Free)
We deliver monthly learning strategies, last-minute preparation, and exam information for free.
Registration only requires your email address. You can unsubscribe at any time.
https://takapistore.myshopify.com/pag...
━━━━━━━━━━━━━━━━━━
💡If you found this video helpful, please give it a thumbs up 👍 and subscribe to the channel!
Feel free to ask questions or make requests in the comments section! 📝
━━━━━━━━━━━━━━━━━━
[Blog version of this video is here]
https://takapi-blog.jp/surplus-analysis
[Takapi's recommended textbooks and workbooks]
https://www.amazon.co.jp/shop/influen....