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Chapter 4: What Macroeconomics Is All About – Key Variables, Trends, and Policy

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Nominal GDP and Real GDP

  • Percorso guidato
    Nominal GDP and Real GDP
    09:15
  • Percorso guidato
    Inflation and the GDP Deflator
    03:04

Business Cycles and Their Characteristics

  • Percorso guidato
    Business Cycle Characteristics
    01:46
  • Percorso guidato
    Causes of Business Cycles
    04:18
  • Percorso guidato
    Key Ideas of the Business Cycle
    02:33

Labor Force and Unemployment

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    Problems with Measuring Unemployment
    04:35
  • Percorso guidato
    Labor Force and Unemployment
    05:58

Types of Unemployment

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    Frictional, Structural, and Cyclical Unemployment
    05:44
  • Percorso guidato
    Definition of Full Employment
    02:44

Productivity and the Per-Worker Production Function

  • Percorso guidato
    Per-Worker Production Function:Change in Technology
    02:27
  • Percorso guidato
    Catch-up Effect
    05:51
  • Percorso guidato
    Per-Worker Production Function
    05:02

Inflation and Consumer Price Index (CPI)

  • Percorso guidato
    Calculating CPI and Inflation Rate
    08:35
  • Percorso guidato
    Consumer Price Index (CPI)
    04:40
  • Percorso guidato
    Inflation
    03:34

Nominal Interest, Real Interest, and the Fisher Equation

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    Nominal Interest, Real Interest, and the Fisher Equation
    05:05

Introduction to the Federal Reserve

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    Organization of the Federal Reserve
    05:05
  • Percorso guidato
    Role of the Federal Reserve
    03:11

Exchange Rates: Introduction

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    Exchange Rates
    06:12
  • Percorso guidato
    Exchange Rates: Introduction
    05:25

Exporting and Importing

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    Low World Price: Import
    06:36
  • Percorso guidato
    Autarky
    04:
  • Percorso guidato
    High World Price: Export
    09:03