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Macroeconomics Exam 2 Study Guide: GDP, Unemployment, and Economic Growth

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Expenditure Approach for Measuring GDP

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

Detailed Explanation of GDP Components

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

Nominal GDP and Real GDP

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

Shortcomings of GDP

  • Guided course
    Shortcomings of GDP
    02:21

Other Measures of Total Production and Total Income

  • Guided course
    Other Measures of Total Production and Total Income
    05:10

Labor Force and Unemployment

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

Types of Unemployment

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    Frictional, Structural, and Cyclical Unemployment
    05:44
  • Guided course
    Definition of Full Employment
    02:44

Inflation and Consumer Price Index (CPI)

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

Using CPI to Adjust for Inflation

  • Guided course
    Using CPI to Adjust for Inflation
    04:34
  • Guided course
    Using CPI to Adjust for Inflation
    02:49

Problems with the Consumer Price Index (CPI)

  • Guided course
    Problems with CPI
    05:24

Nominal Interest, Real Interest, and the Fisher Equation

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

Long-Run Economic Growth

  • Guided course
    Economic Growth
    02:07

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

Investment, Savings, and the Financial System

  • Guided course
    Investment and Savings
    02:01
  • Guided course
    The Financial System
    02:10