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Macroeconomics Midterm Review: Chapters 9, 10, 12, and 13 (Unemployment, Inflation, Economic Growth, Aggregate Expenditure, and Aggregate Demand/Supply)

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Labor Force and Unemployment

  • Guided course
    Problems with Measuring Unemployment
    04:35
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    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

Unemployment: Minimum Wage Laws and Efficiency Wages

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    Unemployment: Efficiency Wages
    02:18
  • Guided course
    Unemployment: Minimum Wage Laws
    04:58

Nominal Interest, Real Interest, and the Fisher Equation

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    Nominal Interest, Real Interest, and the Fisher Equation
    05:05

Growth Rates and the Rule of 70

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    Growth Rates and the Rule of 70
    02:50
  • Guided course
    Growth Rates and the Rule of 70
    05:47

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
  • Guided course
    Supply Shifts in the Market for Loanable Funds
    06:16

Business Cycles and Their Characteristics

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    Business Cycle Characteristics
    01:46
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    Causes of Business Cycles
    04:18
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    Key Ideas of the Business Cycle
    02:33

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

Aggregate Expenditures Model and Macroeconomic Equilibrium

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    Aggregate Expenditures Model and Macroeconomic Equilibrium
    07:08
  • Guided course
    Numerical Aggregate Expenditures
    10:19

AE Model: Graphing Macroeconomic Equilibrium

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    Graphing Macroeconomic Equilibrium
    13:28

AE Model and the Multiplier

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    AE Model and the Multiplier
    11:37

Deriving Aggregate Demand from the Aggregate Expenditure Model

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    Deriving Aggregate Demand from the Aggregate Expenditure Model with Constant Prices
    04:13
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    Deriving Aggregate Demand from the Aggregate Expenditure Model
    08:18

AE Model: Algebraic Approach

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    Aggregate Expenditures
    04:46
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    Algebraic Approach to the AE Model
    02:20

Aggregate Demand

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

Shifting Aggregate Demand

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    Shifting Aggregate Demand
    04:27

Long Run Aggregate Supply

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    Long Run Aggregate Supply
    04:36
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    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

Dynamic AD-AS Model: Introduction

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    Dynamic AD-AS Model: Introduction
    04:59

Classical Model and Keynesian Model

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    Classical Model
    02:54
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    Graphical Comparison of Classical Model and Keynesian Model
    03:41
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    Keynesian Model
    03:04

Monetarist Model

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    Monetarist Model
    04:06

New Classical Model

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    New Classical Model
    04:33