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Macroeconomics Exam 1 Practice: Step-by-Step Guidance

Study Guide - Learn with Videos

Curated lessons matched to your uploaded material – learn every topic step by step.

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

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

Calculating GDP Using the Income Approach

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    Comparison of U.S. GDP Calculation
    03:07
  • Guided course
    Calculating GDP Using the Income Approach
    07:44

Detailed Explanation of GDP Components

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

Inflation and Consumer Price Index (CPI)

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

Labor Force and Unemployment

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

Determinants of Consumption and Saving

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    Determinants of Consumption and Saving
    05:13

The Consumption Function

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    1 = MPC + MPS
    02:45
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    Equation of the Consumption Function
    02:49
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    Marginal Propensity to Consume and Save
    04:20

Multiplier Effect of Investment Spending

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    Multiplier
    01:36
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    Multiplier Effect of Investment Spending
    07:46

Introduction to Fiscal Policy

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    Introduction; Discretionary Policy and Automatic Stabilizers
    09:33

Expansionary and Contractionary Fiscal Policy

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    Contractionary Fiscal Policy
    03:48
  • Guided course
    Expansionary Fiscal Policy
    05:24

Government Purchases and the Multiplier Effect

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    Government Purchases GDP Multiplier
    08:02

Taxes, the Multiplier Effect, and Automatic Stabilizers

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    Taxes as an Automatic Stabilizer
    03:50
  • Guided course
    Taxes and the GDP Multiplier
    05:11

The Demand for Money

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    Money Demand
    01:51
  • Guided course
    Shifting Money Demand
    02:17

Stocks, Bonds, and Mutual Funds

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    Mutual Fund Definitions
    02:47
  • Guided course
    Bond Definitions
    02:11
  • Guided course
    Stock Definitions
    02:52