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Macroeconomics Core Concepts: GDP, Unemployment, Inflation, and Economic Growth

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Nominal GDP and Real GDP

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

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
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    Investment
    02:01

Labor Force and Unemployment

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

Savings Equal Investment

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    National Savings, Private Savings, and Public Savings
    04:53
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    Saving Equals Investment
    07:48
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    Savings Equals Investment in an Open Economy
    03:56

Market for Loanable Funds

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    Market for Loanable Funds
    04:42

Shifts in the Market for Loanable Funds

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    Demand Shifts in the Market for Loanable Funds
    06:56
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    Supply Shifts in the Market for Loanable Funds
    06:16

Productivity and the Per-Worker Production Function

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    Per-Worker Production Function:Change in Technology
    02:27
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    Catch-up Effect
    05:51
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    Per-Worker Production Function
    05:02