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Macroeconomics Review: Chapters 5–8 Study Notes

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Circular Flow Diagram

  • Guided course
    Households and Firms
    01:32
  • Guided course
    The Circular Flow Diagram
    04:20

Expenditure Approach for Measuring GDP

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

Nominal GDP and Real GDP

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

Shortcomings of GDP

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    Shortcomings of GDP
    02:21

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
  • Guided course
    Per-Worker Production Function
    05:02

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

PPF - Growth Analysis

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    Production Possibilities Frontier:Economic Growth Analysis
    06:58

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

Labor Force and Unemployment

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    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

Nominal Interest, Real Interest, and the Fisher Equation

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

Who is Affected by Inflation?

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    Who is Affected by Inflation?
    05:58

Demand-Pull and Cost-Push Inflation

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    Demand-Pull Inflation
    03:53
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    Cost-Push Inflation
    02:22

Quantity Theory of Money

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    Quantity Theory of Money and Inflation
    05:17
  • Guided course
    Quantity Theory of Money
    04:25

Short Run Phillips Curve

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    Short Run Phillips Curve
    09:33

Long Run Phillips Curve

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    Long Run Phillips Curve
    06:07

Phillips Curve and Expected Inflation

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    Shifting the Phillip's Curve
    07:46
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    Expectations of Future Inflation
    09:52

Phillips Curve and Supply Shocks

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    Shifting the Phillips Curve: Supply Shocks
    05:19