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Macroeconomics

Basic economics concepts

Introduction to macroeconomics: Basic economics conceptsOpportunity cost and the Production Possibilities Curve: Basic economics conceptsComparative advantage and the gains from trade: Basic economics concepts
Demand: Basic economics conceptsSupply: Basic economics conceptsMarkets: Basic economics concepts

Economic indicators and the business cycle

Gross Domestic Product: Economic indicators and the business cycleLimitations of GDP: Economic indicators and the business cycleUnemployment: Economic indicators and the business cycle
Inflation: Economic indicators and the business cycleCosts of Inflation: Economic indicators and the business cycleReal vs. nominal GDP: Economic indicators and the business cycleBusiness cycles: Economic indicators and the business cycle

National income and price determination

Aggregate demand: National income and price determinationMultipliers: National income and price determinationShort-run aggregate supply: National income and price determinationLong-run aggregate supply: National income and price determination
Equilibrium in the AD-AS Model: National income and price determinationChanges in the AD-AS model in the short run: National income and price determinationLong run self-adjustment: National income and price determinationFiscal policy: National income and price determinationAutomatic stabilizers: National income and price determination

Financial sector

Financial assets: Financial sectorNominal v. real interest rates: Financial sectorDefinition, measurement, and functions of money: Financial sector Banking and the expansion of the money supply: Financial sector
The money market: Financial sectorMonetary policy: Financial sectorThe market for loanable funds: Financial sectorInterest rates and the time value of money: Financial sector

Long-run consequences of stabilization policies

Fiscal and Monetary Policy Actions in the Short Run: Long-run consequences of stabilization policiesThe Phillips curve: Long-run consequences of stabilization policiesMoney growth and inflation: Long-run consequences of stabilization policies
Crowding out: Long-run consequences of stabilization policiesDeficits and debts: Long-run consequences of stabilization policiesEconomic growth: Long-run consequences of stabilization policies

Open economy: international trade and finance

The balance of payments: Open economy: international trade and financeExchange rates: Open economy: international trade and financeThe foreign exchange market: Open economy: international trade and finance
Effect of changes in policies and economic conditions on the foreign exchange market: Open economy: international trade and financeReal interest rates and international capital flows: Open economy: international trade and finance

Keynesian approaches and IS-LM

The consumption function: Keynesian approaches and IS-LMThe Keynesian cross: Keynesian approaches and IS-LMIS-LM: Keynesian approaches and IS-LM
Keynesian economics and its critiques: Keynesian approaches and IS-LM

Contemporary macroeconomic issues

National income and inequality: Contemporary macroeconomic issuesThe 2008 Financial Crisis: Contemporary macroeconomic issues

Recommended

Introduction to economics
Scarcity
Normative and positive statements
Economic models
Command and market economies

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Introduction to macroeconomics

Resources are scarce, so figuring out how to allocate resources is the fundamental problem that the field of economics works to solve. In this lesson, we define economics and introduce the tools and thought processes that economists use to explain the world around us.
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