MACROECONOMIC VIDEOS

UNIT 2

AD AND AS (3)

An Introduction to Aggregate Demand (14:31)

http://www.econclassroom.com/?p=2759

• NOTE: Income is NOT a determinant of AD. The video is WRONG.
• The video uses "household DEBT" just like we did in class, but our textbook use "household BORROWING"
• The video did not discuss how TAXES will change consumption and therefore AD.

• The video did not discuss three otrher determinants of Investment that are in our textbook: technology, degree of excess capacity, and business taxes

• Interesting htat the video discussed taxes under government rather than under household consumption where it should be
• Our textbook does not discuss government debt as a determinant of government spending

• ignore the "domestic income" determinant of Xn

An Introduction to Aggregate Supply – from Short-run to Long-run (24:48)

http://www.econclassroom.com/?p=2807

• also includes macroeconomic equilibrium and changes in equilibrium

How to succeed on the AP Economics FRQ – Macro Question 1

http://www.econclassroom.com/?p=4257

MACROECONOMIC OBJECTIVES (3)

Measuring the Macroeconomic Objectives: Economic Growth, Unemployment and Inflation

http://www.econclassroom.com/?p=3159

???? The Short-run Phillips Curve

http://www.econclassroom.com/?p=2934

???? The Long-run Phillips Curve

http://www.econclassroom.com/?p=2941

GDP AND ITS DETERMINANTS (3)

The Business Cycle – Illustrating the Economy’s Booms and Busts

http://www.econclassroom.com/?p=4414

The Income Approach and the Expenditure Approach to Measuring the GDP of a Nation

http://www.econclassroom.com/?p=2632

Updated: Real versus Nominal GDP and the GDP Deflator

http://www.econclassroom.com/?p=3165

UNIT 3

FISCAL POLICY (6)

Introduction to Fiscal Policy – Expansionary vs. Contractionary Policies

http://www.econclassroom.com/?p=2854

Fiscal Policy – the Tax Multiplier

http://www.econclassroom.com/?p=2876

Fiscal Policy – the Government Spending Multiplier

http://www.econclassroom.com/?p=2864

Fiscal Policy – the Crowding-out Effect

http://www.econclassroom.com/?p=2907

Fiscal Policy – another interpretation of the Crowding-out Effect

www.econclassroom.com/?p=2912

How to succeed on the AP Economics FRQs – Macro Questions 2 and 3

http://www.econclassroom.com/?p=4261

MONETARY AND SUPPLY SIDE POLICY (5)

Introduction to Supply-side Policies

http://www.econclassroom.com/?p=4447

Introduction to the Money Market

http://www.econclassroom.com/?p=2949

Money Creation in a Fractional Reserve Banking System

http://www.econclassroom.com/?p=2959

The Tools of Monetary Policy

http://www.econclassroom.com/?p=2954

Evaluating the Effectiveness of Monetary Policy During Recessions

http://www.econclassroom.com/?p=4450