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Macroeconomics (Lumen)

Business

Nhà xuất bản: LibreTexts
Nguồn: LibreTexts
Ngôn ngữ: EN
Danh mục: Kinh tế

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Mục lục· 332 mục

01: Economic Thinking
1.01: Why It Matters- Economic Thinking
1.02: Introduction to Economics
1.03: Understanding Economics and Scarcity
1.04: The Concept of Opportunity Cost
1.05: Labor Markets and Trade
1.06: Microeconomics and Macroeconomics
1.07: Introduction to Math in Economics
1.08: Economic Models
1.09: Purpose of Functions
1.10: Solving Simple Equations
1.11: Introduction to Graphs in Economics
1.12: Creating and Interpreting Graphs
1.13: Interpreting Slope
1.14: Types of Graphs
1.15: Putting It Together- Economic Thinking
1.16: Discussion- Is Economics a Science
1.17: Assignment- Problem Set Economic Thinking
02: Choice in a World of Scarcity
2.01: Why It Matters- Choice in a World of Scarcity
2.02: Introduction to the Cost of Choices
2.03: Budget Constraints and Choices
2.04: Calculating Opportunity Cost
2.05: Learn By Doing- Budget Constraints and Opportunity Cost
2.06: Introduction to the Production Possibilities Frontier
2.07: The Production Possibilities Frontier
2.08: Productive Efficiency and Allocative Efficiency
2.09: Introduction to the Economic Way of Thinking
2.10: Rationality and Self-Interest
2.11: Marginal Analysis
2.12: Positive and Normative Statements
2.13: Putting It Together- Choice in a World of Scarcity
2.14: Discussion- Making Irrational Choices
2.15: Assignment- Guns or Butter
2.16: Assignment- Problem Set Choice in a World of Scarcity
03: Supply and Demand
3.01: Why It Matters- Supply and Demand
3.02: Learn By Doing- Calculating Equilibrium
3.03: Putting It Together- Supply and Demand
3.04: Discussion- Supply and Demand
3.05: Assignment- Supply and Demand of Coffee
3.06: Assignment- Problem Set Supply and Demand
3.07: Introduction to Economic Systems
3.08: Economic Systems
3.09: Introduction to Demand
3.10: What Is Demand
3.11: Factors Affecting Demand
3.12: Learn By Doing- Graphing Demand
3.13: Learn By Doing- Demand for Food Trucks
3.14: Introduction to Supply
3.15: What is Supply
3.16: Factors Affecting Supply
3.17: Learn By Doing- Graphing Supply and Demand
3.18: Learn By Doing- Supply of Food Trucks
3.19: Introduction to Equilibrium
3.20: Equilibrium Surplus and Shortage
3.21: Changes in Equilibrium
3.22: Finding Equilibrium
3.23: Changes in Supply and Demand
3.24: Learn By Doing- Food Trucks and Changes in Equilibrium
04: Applications of Supply and Demand
4.01: Why It Matters- Applications of Supply and Demand
4.02: Introduction to Price Ceilings and Price Floors
4.03: Price Ceilings
4.04: Price Floors
4.05: Learn By Doing- Shortage and Surplus
4.06: A Closer Look at Price Controls
4.07: Introduction to Surplus
4.08: Trade and Efficiency
4.09: Consumer and Producer Surplus
4.10: Inefficiency of Price Floors and Price Ceilings
4.11: Learn By Doing- Consumer and Producer Surplus
4.12: Introduction to Labor and Financial Markets
4.13: Labor and Financial Markets
4.14: Putting It Together- Applications of Supply and Demand
4.15: Discussion- Price Controls
4.16: Assignment- Price Controls After a Storm
4.17: Assignment- Problem Set Applications of Supply and Demand
05: Elasticity
5.01: Why It Matters- Elasticity
5.02: Assignment- Problem Set Elasticity
5.03: Introduction to Elasticity
5.04: Elasticity of Demand
5.05: Examples of Elastic and Inelastic Demand
5.06: Introduction to Calculating Price Elasticity
5.07: Calculating Elasticity and Percentage Changes
5.08: Calculating Price Elasticities Using the Midpoint Formula
5.09: Learn By Doing- Calculating Price Elasticities
5.10: Categories of Elasticity
5.11: Price Elasticity of Supply
5.12: Introduction to Elasticities in Areas Other Than Price
5.13: Income Elasticity Cross-Price Elasticity and Other Types of Elasticities
5.14: Introduction to Price Elasticity and Total Revenue
5.15: Elasticity and Total Revenue
5.16: Elasticity Costs and Customers
5.17: Tax Incidence
5.18: Putting It Together- Elasticity
5.19: Discussion- Junk Food and Elasticity
5.20: Assignment- Elasticity and Tuition
06: Macroeconomic Measures GDP and Economic Growth
6.01: Why It Matters- GDP and Economic Growth
6.02: A Healthy Climate for Economic Growth
6.03: Putting It Together- GDP and Economic Growth
6.04: Discussion- GDP and Economic Growth
6.05: Assignment- Data Project Part 1
6.06: Assignment- Problem Set GDP and Economic Growth
6.07: Introduction to Macroeconomics and GDP
6.08: The Macroeconomic Perspective
6.09: What is Gross Domestic Product
6.10: Calculating GDP
6.11: Alternative Ways to Measure the Economy
6.12: Introduction to Nominal and Real GDP
6.13: The Difference Between Nominal and Real Measurements
6.14: Comparing Nominal and Real GDP
6.15: Converting Nominal to Real GDP
6.16: Learn By Doing- Comparing Nominal and Real GDP
6.17: Introduction to Economic Growth
6.18: Business Cycles
6.19: GDP and Standard of Living
6.20: Labor Productivity and Economic Growth
6.21: Measuring Productivity and Growth Rates
6.22: The Power of Sustained Economic Growth
6.23: Introduction to Historical Economic Growth
6.24: Relatively Recent Economic Growth
07: Macroeconomic Measures Unemployment and Inflation
7.01: Why It Matters- Unemployment and Inflation
7.02: Learn By Doing- Problems with Inflation
7.03: Benefits of Low Inflation
7.04: Putting It Together- Inflation and Unemployment
7.05: Assignment- The State of the Macro Economy
7.06: Assignment- Data Project Part 2
7.07: Discussion- How is the Economy
7.08: Assignment- Problem Set Unemployment and Inflation
7.09: Introduction to the Unemployment Rate
7.10: Who Counts in Unemployment
7.11: Calculating the Unemployment Rate
7.12: Learn By Doing- Calculating the Unemployment Rate
7.13: Patterns of Unemployment
7.14: Introduction to Types of Unemployment
7.15: Cyclical Unemployment
7.16: Frictional and Structural Unemployment
7.17: The Natural Rate of Unemployment
7.18: Introduction to Inflation
7.19: Inflation
7.20: Calculating Inflation with Index Numbers
7.21: Learn By Doing- Calculating Inflation with Index Numbers
7.22: The Consumer Price Index
7.23: Shortcomings of the Consumer Price Index as a Measure of the Cost of Living
7.24: The GDP Deflator and Other Major Price Indices
7.25: Introduction to Price Instability
7.26: Problems with Inflation
08: The Aggregate Demand-Aggregate Supply Model
8.01: Why It Matters- The Aggregate Demand-Aggregate Supply Model
8.02: Introduction to the Aggregate Demand-Aggregate Supply Model
8.03: The Aggregate Demand-Aggregate Supply Model
8.04: Building a Model of Aggregate Supply and Aggregate Demand
8.05: Interpreting the AD-AS Model
8.06: Introduction to Shifts in Aggregate Supply and Demand
8.07: Shifts in Aggregate Demand
8.08: Shifts in Aggregate Supply
8.09: Introduction to the ADAS Model and Economic Growth
8.10: Business Cycles and Growth in the ADAS Model
8.11: Learn By Doing- Business Cycles and Growth in the ADAS Model
8.12: Putting It Together- The Aggregate Demand-Aggregate Supply Model
8.13: Discussion- The Business Cycle and the AD-AS Model
8.14: Assignment- Analysis of a Demand Supply Shock using the AD-AS Model
8.15: Assignment- Problem Set The Aggregate Demand-Aggregate Supply Model
09: Keynesian and Neoclassical Economics
9.01: Why It Matters- Keynesian and Neoclassical Economics
9.02: Balancing Keynesian and Neoclassical Models
9.03: Putting It Together- Keynesian and Neoclassical Economics
9.04: Discussion- Keynesian vs. Neoclassical Economics
9.05: Assignment- Keynesian and Neoclassical Economics
9.06: Assignment- Problem Set Keynesian and Neoclassical Economics
9.07: Introduction to Keynesian Economics and the AD-AS Model
9.08: Aggregate Demand in Keynesian Analysis
9.09: The Core of Keynesian Analysis
9.10: Introduction to Keynesian Policy Implications
9.11: The Expenditure Multiplier Effect
9.12: Keynesian Economic Policy
9.13: Introduction to Neoclassical Economics
9.14: The Neoclassical Perspective
9.15: The Neoclassical Perspective and Potential GDP
9.16: Learn By Doing- The Neoclassical Perspective and Potential GDP
9.17: Introduction to the Neoclassical Perspective and the AD-AS Model
9.18: Flexible Prices and Graphing in the Neoclassical Model
9.19: Learn By Doing- Flexible Prices and Graphing in the Neoclassical Model
9.20: Speed of Macroeconomic Adjustment
9.21: Policy Implications of the Neoclassical Perspective
9.22: Introduction to Comparing the Keynesian and Neoclassical Perspectives
9.23: Says Law versus Keynes Law
9.24: Neoclassical and Keynesian Perspectives in the AD-AS Model
10: The Income-Expenditure Model
10.01: Why It Matters- The Income-Expenditure Model
10.02: Introduction to the Income-Expenditure Model
10.03: The Key Role of Aggregate Expenditure
10.04: Aggregate Expenditure- Consumption
10.05: Aggregate Expenditure- Investment Government Spending and Net Exports
10.06: Introduction to Equilibrium in the Income-Expenditure Model
10.07: Equilibrium in the Income-Expenditure Model
10.08: Finding Equilibrium Using Algebra
10.09: Learn By Doing- Finding Equilibrium Using Algebra
10.10: Recessionary and Inflationary Gaps in the Income-Expenditure Model
10.11: Real Aggregate Supply in the Income-Expenditure Model
10.12: Introduction to the Expenditure Multiplier in the Income-Expenditure Model
10.13: The Spending Multiplier in the Income-Expenditure Model
10.14: The Spending Multiplier and Changes in Government Spending
10.15: Putting It Together- The Income-Expenditure Model
10.16: Discussion- The Income-Expenditure Model
10.17: Assignment- The Income-Expenditure Model
10.18: Assignment- Problem Set The Income-Expenditure Model
11: Fiscal Policy
11.01: Why It Matters- Fiscal Policy
11.02: Introduction to Budgets and Taxes
11.03: Fiscal Policy and the Federal Budget
11.04: Government Spending
11.05: State and Local Government Spending
11.06: Taxation
11.07: Federal Budgets and National Debt
11.08: The Question of a Balanced Budget
11.09: Introduction to Fiscal Policy in Action
11.10: Automatic Stabilizers
11.11: Expansionary and Contractionary Fiscal Policy
11.12: Learn By Doing- Expansionary and Contractionary Fiscal Policy
11.13: Introduction to Fiscal Policy Approaches
11.14: Neoclassical Fiscal Policy and Supply-Side Economics
11.15: Fiscal Policy Investment and Crowding Out
11.16: Putting It Together- Fiscal Policy
11.17: Discussion- Fiscal Policy
11.18: Assignment- Economic Impact of Lower Corporate Tax Rate
11.19: Assignment- Problem Set Fiscal Policy
12: Money and Banking
12.01: Why It Matters- Money and Banking
12.02: Introduction to Defining Money
12.03: Defining Money by Its Functions
12.04: Measuring Money- Currency M1 and M2
12.05: Credit
12.06: Introduction to Financial Markets
12.07: Financial Markets and Assets
12.08: Financial Markets Supply and Demand and Interest
12.09: Introduction to Banking
12.10: The Commercial Banking System
12.11: Banking Assets and Liabilities
12.12: Introduction to Lending and Money Creation
12.13: How Banks Create Money
12.14: Putting It Together- Money and Banking
12.15: Discussion- Money and Banking
12.16: Assignment- Baby Boomers
12.17: Assignment- Problem Set Money and Banking
13: Monetary Policy
13.01: Why It Matters- Monetary Policy
13.02: Introduction to the Federal Reserve
13.03: Banks Loan Finance and the Payments System
13.04: The Federal Reserve System and Central Banks
13.05: Bank Regulation
13.06: Introduction to Monetary Policy
13.07: Monetary Policy
13.08: Monetary Policy and Open Market Operations
13.09: Learn By Doing- Monetary Policy and Open Market Operations
13.10: Introduction to Monetary Policy and Economic Outcomes
13.11: Monetary Policy and Interest Rates
13.12: Monetary Policy and Aggregate Demand
13.13: Federal Reserve Actions and Quantitative Easing
13.14: Putting It Together- Monetary Policy
13.15: Discussion- Impact of Low Interest Rates on Monetary Policy
13.16: Assignment- Chair the Fed
13.17: Assignment- Problem Set Monetary Policy
14: Policy Applications
14.01: Why It Matters- Policy Applications
14.02: Introduction to Keynesian and Neoclassical Policy Prescriptions
14.03: Viewpoints on Government Policy
14.04: Introduction to the Phillips Curve
14.05: The Phillips Curve
14.06: Policy Implications- No Phillips Curve Tradeoff in the Long Run
14.07: Learn By Doing- The Phillips Curve
14.08: Introduction to New Classical Economics
14.09: Rational Expectations
14.10: Ricardian Equivalence
14.11: Introduction to Macro Policy Options in the Real World
14.12: Practical Problems with Discretionary Fiscal and Monetary Policy
14.13: Policy Implications- Dampening Business Cycles vs. Laissez-Faire
14.14: Policy Implications- Supply Shocks and Economic Growth
14.15: Putting It Together- Policy Application
14.16: Discussion- Macropolicy
14.17: Assignment- Policy Response to a Macro Shock
14.18: Assignment- Problem Set Policy Applications
15: Globalization and Trade
15.01: Why It Matters- Globalization and International Trade
15.02: Introduction to Comparative Advantage
15.03: Absolute and Comparative Advantage
15.04: Comparative Advantage and the Gains from Trade
15.05: Learn By Doing- Comparative Advantage and the Gains from Trade
15.06: Learn By Doing- International Trade
15.07: Intra-Industry Trade
15.08: Demand and Supply Analysis of International Trade
15.09: Learn By Doing- Demand and Supply Analysis of International Trade
15.10: Introduction to the Trade Barriers and Protectionism
15.11: Protectionism
15.12: The Tradeoffs of International Trade
15.13: Introduction to Trade Policy and Agreements
15.14: The Role of the GATT in Reducing Barriers to Trade
15.15: Trade Policy- Organizations and Agreements
15.16: Putting It Together- Globalization and International Trade
15.17: Discussion- Absolute and Comparative Advantage
15.18: Assignment- Absolute and Comparative Advantage
15.19: Assignment- Problem Set Globalization and Trade
16: Exchange Rates and International Finance
16.01: Why It Matters- Exchange Rates and International Finance
16.02: Introduction to the Foreign Exchange Market
16.03: The Foreign Exchange Market
16.04: Strengthening and Weakening Currency
16.05: Introduction to Exchange Rates and Purchasing Power
16.06: Demand and Supply Shifts in Foreign Exchange Markets
16.07: Introduction to Exchange Rates and the Trade Balance
16.08: Macroeconomic Effects of Exchange Rates
16.09: Exchange-Rate Policies
16.10: Putting It Together- Exchange Rates and International Finance
16.11: Discussion- Global Currencies
16.12: Assignment- Exchange Rates and International Finance
16.13: Assignment- Problem Set Exchange Rates and International Finance
17: Faculty Resources
17.01: Faculty Resource Overview
17.02: Pacing
17.03: PDF
17.04: PowerPoints
17.05: Assignments
17.06: Problem Sets
17.07: Question Banks
17.08: I Need Help
17.09: About This Course
17.10: Course Contents at a Glance
17.11: Learning Outcomes