Unit Introduction
Unit Introduction
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An Introduction to Macroeconomics
An Introduction to Fiscal and Monetary Policy
The Circular-Flow & GDP: (2.1)
The Circular-Flow & GDP: (2.1)
THE CIRCULAR FLOW MODEL - A MAP OF OUR ECONOMY
The Circular-Flow & GDP: (2.1)
The Circular-Flow & GDP: (2.1)
Calculating GDP: Exp, Income, and Value-Add
GDP: What's In? What's Not?
Limitations of GDP: (2.2)
Limitations of GDP: (2.2)
The Limits of GDP in Measuring the Standard of Living of a Country
Unemployment: (2.3)
Unemployment: (2.3)
Why the Unemployment Rate Can Be Misleading
Price Indices & Inflation: (2.4)
Price Indices & Inflation: (2.4)
How to Calculate a Price Index
Cost of Inflation: (2.5)
Cost of Inflation: (2.5)
Who is hurt/helped by unanticipated inflation
Real vs. Nominal GDP: (2.6)
Real vs. Nominal GDP: (2.6)
Converting NGDP to RGDP (Using a Price Index)
The Business Cycle:(2.7)
The Business Cycle:(2.7)
The Business Cycle: How Economies Grow Over Time
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