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Lesson 1: The Policy and Practice of Macroeconomics – Study Notes

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Introduction to Economics

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

Introduction to Fiscal Policy

  • Guided course
    Introduction; Discretionary Policy and Automatic Stabilizers
    09:33

Shortcomings of GDP

  • Guided course
    Shortcomings of GDP
    02:21

Long-Run Economic Growth

  • Guided course
    Economic Growth
    02:07

Institutions that Promote Economic Growth

  • Guided course
    Role of Government in Economic Growth
    08:45

Growth Rates and the Rule of 70

  • Guided course
    Growth Rates and the Rule of 70
    02:50
  • Guided course
    Growth Rates and the Rule of 70
    05:47