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Core Principles of Macroeconomics: Marginal Analysis, Comparative Advantage, Supply & Demand, and GDP

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PPF - Comparative Advantage and Absolute Advantage

  • Guided course
    Opportunity Costs and Comparative Advantage
    04:36
  • Guided course
    Different PPFs and Absolute Advantage
    02:03

Production Possibilities Frontier (PPF) - Introduction and Productive Efficiency

  • Guided course
    Understanding the PPF
    06:23
  • Guided course
    PPF - Attainable and Efficient
    04:48

PPF - Outward Shifts

  • Guided course
    PPF - General Economic Growth
    01:55
  • Guided course
    PPF - Technological Advances in an Industry
    02:49

PPF - Comparative Advantage and Absolute Advantage

  • Guided course
    Opportunity Costs and Comparative Advantage
    04:36
  • Guided course
    Different PPFs and Absolute Advantage
    02:03

Introduction to Supply and Demand

  • Guided course
    Perfect Competition
    03:23

The Basics of Demand

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    The Basics of Demand
    06:02

Shifting Demand

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    Substitute and Complementary Goods
    01:27
  • Guided course
    Shifting Demand
    03:59
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    Consumer Preferences
    01:44

The Basics of Supply

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    The Basics of Supply
    02:43

Shifting Supply

  • Guided course
    Shifting Supply
    01:56
  • Guided course
    Nature
    01:00
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    Technology
    01:39

Supply and Demand Together: Equilibrium, Shortage, and Surplus

  • Guided course
    Equilibrium
    02:41
  • Guided course
    Law of Supply and Demand
    02:43
  • Surplus and Shortage
    02:56

Price Ceilings, Price Floors, and Black Markets

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    Price Ceilings
    07:05
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    Price Floors and Black Markets
    08:03
  • Guided course
    Price Floors
    02:18

Expenditure Approach for Measuring GDP

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    Calculating GDP Using the Expenditure Approach
    02:31

Detailed Explanation of GDP Components

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    Government Purchases and Net Exports
    02:12
  • Guided course
    Consumption
    02:38
  • Guided course
    Investment
    02:01

Nominal GDP and Real GDP

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    Nominal GDP and Real GDP
    09:15
  • Guided course
    Inflation and the GDP Deflator
    03:04