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Principles of Macroeconomics Syllabus and Course Structure

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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

Three Key Economic Ideas

  • Guided course
    Marginal Analysis
    09:36
  • Guided course
    People Are Rational
    02:02
  • Guided course
    Economic Incentives
    01:40

Factors of Production

  • Guided course
    Human Capital and Entrepreneurship
    02:08
  • Guided course
    Land, Labor, and Physical Capital
    03:09

Introduction to Supply and Demand

  • Guided course
    Perfect Competition
    03:23

The Basics of Demand

  • Guided course
    The Basics of Demand
    06:02

The Basics of Supply

  • Guided course
    The Basics of Supply
    02:43

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

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

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

Aggregate Expenditures Model and Macroeconomic Equilibrium

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

Introduction to Fiscal Policy

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

The Functions of Money; The Kinds of Money

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

Introduction to the Federal Reserve

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

Short Run Aggregate Supply

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

Aggregate Demand

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

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

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

Short Run Phillips Curve

  • Guided course
    Short Run Phillips Curve
    09:33

Long Run Phillips Curve

  • Guided course
    Long Run Phillips Curve
    06:07

Phillips Curve and Expected Inflation

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

Business Cycles and Their Characteristics

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

Classical Model and Keynesian Model

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

Exporting and Importing

  • Guided course
    Low World Price: Import
    06:36
  • Guided course
    Autarky
    04:
  • Guided course
    High World Price: Export
    09:03

Sources of Comparative Advantage

  • Guided course
    Sources of Comparative Advantage
    05:50

Tariffs

  • Guided course
    Tariffs on Imports
    14:35

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