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Macroeconomics Exam 1 Study Guide: Measuring Macroeconomic Data, The Goods Market, and Financial Markets

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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

Calculating GDP Using the Income Approach

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

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

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
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    Inflation
    03:34

Disinflation and Deflation

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    Deflation
    02:29
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    Disinflation (Paul Volcker)
    07:18

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

Determinants of Consumption and Saving

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    Determinants of Consumption and Saving
    05:13

Multiplier Effect of Investment Spending

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

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

The Demand for Money

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    Money Demand
    01:51
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    Shifting Money Demand
    02:17

The Money Supply on the Graph

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    Money Supply and Equilibrium in Money Market
    11:53

Required Reserves and the Deposit Multiplier

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    Bank Balance Sheet and Money Supply
    05:31
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    Required Reserves and the Deposit Multiplier
    03:16