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Macroeconomics I: Course Outline and Key Concepts

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Introduction to Economics

  • Percorso guidato
    Defining Economic Terms: Scarcity, Trade-offs, and Opportunity Costs
    04:30
  • Percorso guidato
    Definition of Economics: Micro vs. Macro
    02:04
  • Percorso guidato
    Economic Systems
    01:42

Three Key Economic Ideas

  • Percorso guidato
    Marginal Analysis
    09:36
  • Percorso guidato
    People Are Rational
    02:02
  • Percorso guidato
    Economic Incentives
    01:40

Introduction to Supply and Demand

  • Percorso guidato
    Perfect Competition
    03:23

The Basics of Demand

  • Percorso guidato
    The Basics of Demand
    06:02

Shifting Demand

  • Percorso guidato
    Substitute and Complementary Goods
    01:27
  • Percorso guidato
    Shifting Demand
    03:59
  • Percorso guidato
    Consumer Preferences
    01:44

The Basics of Supply

  • Percorso guidato
    The Basics of Supply
    02:43

Shifting Supply

  • Percorso guidato
    Shifting Supply
    01:56
  • Percorso guidato
    Nature
    01:00
  • Percorso guidato
    Technology
    01:39

Supply and Demand Together: Equilibrium, Shortage, and Surplus

  • Percorso guidato
    Equilibrium
    02:41
  • Percorso guidato
    Law of Supply and Demand
    02:43
  • Surplus and Shortage
    02:56

Production Possibilities Frontier (PPF) - Introduction and Productive Efficiency

  • Percorso guidato
    Understanding the PPF
    06:23
  • Percorso guidato
    PPF - Attainable and Efficient
    04:48

PPF - Increasing Marginal Opportunity Costs and Allocative Efficiency

  • Percorso guidato
    PPF - Graphing Increasing Marginal Opportunity Costs
    03:33
  • Percorso guidato
    PPF - The Law of Increasing Opportunity Costs
    05:04

PPF - Comparative Advantage and Absolute Advantage

  • Percorso guidato
    Opportunity Costs and Comparative Advantage
    04:36
  • Percorso guidato
    Different PPFs and Absolute Advantage
    02:03

PPF - Comparative Advantage and Trade

  • Percorso guidato
    Comparative Advantage and Specialization in Trade
    05:30

Percentage and Decimal Review

  • Translating Percent Problems
    02:39
  • Translating Percent Problems
    00:44
  • Translating Percent Problems
    06:10

Labor Force and Unemployment

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

Types of Unemployment

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

Demand-Pull and Cost-Push Inflation

  • Percorso guidato
    Demand-Pull Inflation
    03:53
  • Percorso guidato
    Cost-Push Inflation
    02:22

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