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Macroeconomics Midterm 2 Review – Step-by-Step Study Guidance

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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

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

Long-Run Economic Growth

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    Economic Growth
    02:07

Productivity and the Per-Worker Production Function

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

Institutions that Promote Economic Growth

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    Role of Government in Economic Growth
    08:45

Aggregate Demand

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    AD-AS Model: Aggregate Demand
    02:56
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    Interest Rate Effect
    05:48
  • Guided course
    Wealth Effect
    02:47

Long Run Aggregate Supply

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    Long Run Aggregate Supply
    04:36
  • Guided course
    Shifting Long Run Aggregate Supply
    04:35

Short Run Aggregate Supply

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    Short Run Aggregate Supply Slopes Upwards
    04:16
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    Short Run Aggregate Supply
    02:52

Shifting Short Run Aggregate Supply

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    Shifting Short Run Aggregate Supply
    03:03
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    Factors Leading to Shifting Short Run Aggregate Supply
    05:32

AD-AS Model: Shifts in Aggregate Demand

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    Equilibrium After a Decrease in Aggregate Demand
    08:15
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    Equilibrium After an Increase in Aggregate Demand
    06:03

AD-AS Model: Equilibrium in the Short Run and Long Run

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    Long Run Equilibrium in the AD-AS Model
    02:28
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    Short Run Equilibrium in the AD-AS Model
    02:35

The Functions of Money; The Kinds of Money

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    Kinds of Money
    01:33
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    Functions of Money
    04:06
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    Definition of Money; Barter Economy; Double Coincidence of Wants
    02:30

Defining the Money Supply: M1 and M2

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    Defining the Money Supply: M1 and M2
    02:14

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

Introduction to the Federal Reserve

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    Organization of the Federal Reserve
    05:05
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    Role of the Federal Reserve
    03:11

Monetary Policy and Aggregate Demand

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    Price Levels and the Money Market
    06:24
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    Monetary Policy and Aggregate Demand
    04:53
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    Interest Rates and Aggregate Demand
    06:42

Expansionary and Contractionary Monetary Policy

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    Expansionary Monetary Policy
    07:42
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    Contractionary Monetary Policy
    08:07

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
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    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
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    Taxes and the GDP Multiplier
    05:11