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Principles of Macroeconomics: Final Exam Study Guide Overview

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Introduction to Economics

  • Guided course
    Defining Economic Terms: Scarcity, Trade-offs, and Opportunity Costs
    04:30
  • Guided course
    Definition of Economics: Micro vs. Macro
    02:04
  • Guided course
    Economic Systems
    01:42

PPF - Comparative Advantage and Absolute Advantage

  • Guided course
    Opportunity Costs and Comparative Advantage
    04:36
  • Guided course
    Different PPFs and Absolute Advantage
    02:03

PPF - Comparative Advantage and Trade

  • Guided course
    Comparative Advantage and Specialization in Trade
    05:30

Introduction to Supply and Demand

  • Guided course
    Perfect Competition
    03:23

Supply and Demand Together: Equilibrium, Shortage, and Surplus

  • Guided course
    Equilibrium
    02:41
  • Guided course
    Law of Supply and Demand
    02:43
  • Surplus and Shortage
    02:56

Price Ceilings, Price Floors, and Black Markets

  • Guided course
    Price Ceilings
    07:05
  • Guided course
    Price Floors and Black Markets
    08:03
  • Guided course
    Price Floors
    02:18

Introducing Taxes and Tax Incidence

  • Guided course
    Tax Incidence
    03:21
  • Guided course
    Taxes and Tax Incidence
    13:27

Expenditure Approach for Measuring GDP

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

Labor Force and Unemployment

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

Types of Unemployment

  • Guided course
    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

Long-Run Economic Growth

  • Guided course
    Economic Growth
    02:07

Aggregate Expenditures Model and Macroeconomic Equilibrium

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

Aggregate Demand

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

Long Run Aggregate Supply

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

Short Run Aggregate Supply

  • Guided course
    Short Run Aggregate Supply Slopes Upwards
    04:16
  • Guided course
    Short Run Aggregate Supply
    02:52

Introduction to the Federal Reserve

  • Guided course
    Organization of the Federal Reserve
    05:05
  • Guided course
    Role of the Federal Reserve
    03:11

The Federal Reserve and the Money Supply

  • Guided course
    Money Supply:Discount Policy and Required Reserves
    05:42
  • Guided course
    Money Supply:Open Market Operations
    06:01

Monetary Policy and Aggregate Demand

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

Expansionary and Contractionary Monetary Policy

  • Guided course
    Expansionary Monetary Policy
    07:42
  • Guided course
    Contractionary Monetary Policy
    08:07

Introduction to Fiscal Policy

  • Guided course
    Introduction; Discretionary Policy and Automatic Stabilizers
    09:33

Expansionary and Contractionary Fiscal Policy

  • Guided course
    Contractionary Fiscal Policy
    03:48
  • Guided course
    Expansionary Fiscal Policy
    05:24

Government Purchases and the Multiplier Effect

  • Guided course
    Government Purchases GDP Multiplier
    08:02

Taxes, the Multiplier Effect, and Automatic Stabilizers

  • Guided course
    Taxes as an Automatic Stabilizer
    03:50
  • Guided course
    Taxes and the GDP Multiplier
    05:11

Short Run Phillips Curve

  • Guided course
    Short Run Phillips Curve
    09:33

Long Run Phillips Curve

  • Guided course
    Long Run Phillips Curve
    06:07

Balance of Payments: Introduction

  • Guided course
    Balance of Payments: Introduction
    05:29

Exchange Rates: Introduction

  • Guided course
    Exchange Rates
    06:12
  • Guided course
    Exchange Rates: Introduction
    05:25