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Principles of Macroeconomics: Final Exam Study Guide

Study Guide - Learn with Videos

Curated lessons matched to your uploaded material – learn every topic step by step.

The Basics of Demand

The Basics of Supply

Supply and Demand Together: Equilibrium, Shortage, and Surplus

Price Ceilings, Price Floors, and Black Markets

PPF - Comparative Advantage and Absolute Advantage

Production Possibilities Frontier (PPF) - Introduction and Productive Efficiency

Circular Flow Diagram

Introduction to the Federal Reserve

The Federal Reserve and the Money Supply

The Financial Crisis of 2007-2009 (The Great Recession)

Monetary vs Fiscal Policy

The Money Supply on the Graph

The Consumption Function

The Saving Function

Determinants of Consumption and Saving

Multiplier Effect of Investment Spending

Aggregate Expenditures Model and Macroeconomic Equilibrium

AE Model and the Multiplier

Market for Loanable Funds