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Macroeconomics Chapter 1: Introduction – Key Concepts and Canadian Data

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Expenditure Approach for Measuring GDP

  • Guided course
    Calculating GDP Using the Expenditure Approach
    02:31

Nominal GDP and Real GDP

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

Business Cycles and Their Characteristics

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

Long-Run Economic Growth

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    Economic Growth
    02:07

Labor Force and Unemployment

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    Problems with Measuring Unemployment
    04:35
  • Guided course
    Labor Force and Unemployment
    05:58

Who is Affected by Inflation?

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    Who is Affected by Inflation?
    05:58

Inflation and Consumer Price Index (CPI)

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

Nominal Income and Real Income

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    Nominal Income and Real Income
    06:07

Nominal Interest, Real Interest, and the Fisher Equation

  • Guided course
    Nominal Interest, Real Interest, and the Fisher Equation
    05:05

Exporting and Importing

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

Balance of Payments: Current Account

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    Balance of Payments: Current Account
    08:08