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Macroeconomics Study Guide: Fiscal Policy, Inflation/Unemployment, and Open Economy

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Introduction to Fiscal Policy

  • Percorso guidato
    Introduction; Discretionary Policy and Automatic Stabilizers
    09:33

Expansionary and Contractionary Fiscal Policy

  • Percorso guidato
    Contractionary Fiscal Policy
    03:48
  • Percorso guidato
    Expansionary Fiscal Policy
    05:24

Long Run Effects of Fiscal Policy

  • Percorso guidato
    Persistent Budget Deficit
    03:39
  • Percorso guidato
    Long Run Tax Policy
    02:40

Criticisms of Fiscal Policy

  • Percorso guidato
    Political Environment
    02:19
  • Percorso guidato
    Pro-Cyclical Fiscal Policy
    01:39
  • Percorso guidato
    Crowding Out Effect
    04:16

Short Run Phillips Curve

  • Percorso guidato
    Short Run Phillips Curve
    09:33

Long Run Phillips Curve

  • Percorso guidato
    Long Run Phillips Curve
    06:07

Phillips Curve and Expected Inflation

  • Percorso guidato
    Shifting the Phillip's Curve
    07:46
  • Percorso guidato
    Expectations of Future Inflation
    09:52

Phillips Curve and Supply Shocks

  • Percorso guidato
    Shifting the Phillips Curve: Supply Shocks
    05:19

Sacrifice Ratio

  • Percorso guidato
    Sacrifice Ratio
    08:29

Disinflation and Deflation

  • Percorso guidato
    Deflation
    02:29
  • Percorso guidato
    Disinflation (Paul Volcker)
    07:18

Balance of Payments: Introduction

  • Percorso guidato
    Balance of Payments: Introduction
    05:29

Balance of Payments: Current Account

  • Percorso guidato
    Balance of Payments: Current Account
    08:08

Balance of Payments: Financial Account and Capital Account

  • Percorso guidato
    Balance of Payments: Financial Account and Capital Account
    07:10

Net Exports Equal Net Foreign Investment

  • Percorso guidato
    Net Exports Equal Net Foreign Investment
    07:24

Balance of Trade; Trade Deficit and Trade Surplus

  • Percorso guidato
    Trade Deficit and Trade Surplus
    06:55