Macroeconomics Content
1.0 Introduction to Macroeconomics
(13 videos in this chapter)
RWE Video Macro 1.1 Circular Flow of Income - 4 min 25 s
Key Concept Macro 1.1 Four-Sector Model - Key Resources and Markets - 50 s
Key Concept Macro 1.2 Four-Sector Model - Productive Saving - 40 s
Key Concept Macro 1.3 Four-Sector Model - Government Spending - 47 s
Key Concept Macro 1.4 Four-Sector Model - International Trade - 30 s
Key Concept Macro 1.5 Four-Sector Model - Productive Use of Outflows - 32 s
1.3 Opportunity Cost and Choice
RWE Video Macro 1.2 Opportunity Cost and Choice - 2 min 37 s
Key Concept Macro 1.6 Definition of Economics and Opportunity Cost - 39 s
Key Concept Macro 1.7 Corporate Spending Choices - 23 s
Key Concept Macro 1.8 Government Spending Choices - 47 s
RWE Video Macro 1.3 Selfish vs. Self Interest - 3 min 3 s
Key Concept Macro 1.9 Characteristics of Proposals- 1 m 2 s
1.5 Compound Interest Exercise
RWE Video Macro 1.4 Compound Interest Exercise 3 min 40 s
2.0 Measuring Aggregate Output
(21 videos in this chapter)
RWE Video Macro 2.1 Calculating GDP - 5 min 4 s
Key Concept Macro 2.1 Size of U.S. GDP - 21 s
Key Concept Macro 2.2 Two Methods of Calculating GDP - 48 s
Key Concept Macro 2.3 GDP Formula Y = C + I + G + Nx - 1 min 23 s
Key Concept Macro 2.4 Calculating GDP - Value Added Method - 1 min 14 s
Key Concept Macro 2.5 How Housing Contributes to GDP - 26 s
RWE Video Macro 2.2 GDP vs. GNP - 3 min 33 s
Key Concept Macro 2.6 Unreported Activity and GDP - 34 s
Key Concept Macro 2.7 Benefits of Allowing Cross-border Trade - 1 min 02 s
2.3 Capital Stock and Flow Variables
RWE Video Macro 2.3 Capital Stock and Flow Variables - 3 min 33 s
Key Concept Macro 2.8 Capital and Physical Capital - 43 s
Key Concept Macro 2.9 Calculating Net Investment - 40 s
Key Concept Macro 2.10 Stock and Flow Variables -Bathtub Analogy - 45 s
Key Concept Macro 2.11 How Investment Increases GDP - 1 min 03 s
RWE Video Macro 2.4 Saving and Investment - 4 min 20 s
Key Concept Macro 2.12 Definition of Investment in Economics - 39 s
Key Concept Macro 2.13 How Investment and Saving Work - 1 min 23 s
Key Concept Macro 2.14 Connecting Saving and Investment - 1 min 52 s
2.5 Nominal vs. Real Quantities
RWE Video Macro 2.5 Nominal vs. Real Quantities - 4 min 10 s
Key Concept Macro 2.15 Comparing Years - 48 s
Key Concept Macro 2.16 Comparing Gone with the Wind and Avatar box office takes - 2 m 52 s
3.0 Unemployment and Inflation
(18 videos in this chapter)
RWE Video Macro 3.1 GDP Deflator vs. CPI 5 min 20 s
Key Concept Macro 3.1 GDP Deflator and the CPI - 17 s
Key Concept Macro 3.2 How to Calculate the CPI - 51 s
Key Concept Macro 3.3 Using CPI to Compare Prices - 44 s
Key Concept Macro 3.4 How to Calculate the GDP Deflator - 44 s
Key Concept Macro 3.5 Comparing GDP Deflator to CPI - 17 s
3.2 Present and Future Values of Money
RWE Video Macro 3.2 Present and Future Values of Money 5 min 20 s
Key Concept Macro 3.6 Calculating the Roof Costs in Nominal Dollars - 1 m 29 s
Key Concept Macro 3.7 Calculating the Roof Costs Using Present Values - 1 m 34 s
3.3 Population: Employment and Unemployment
RWE Video Macro 3.3 Population: Employment and Unemployment - 3 min 42 s
Key Concept Macro 3.8 Calculating the Size and Composition of the Civilian Labor Force - 43 s
Key Concept Macro 3.9 Calculating Labor Participation Rate - 41 s
Key Concept Macro 3.10 Calculating the Unemployment Rate - 31 s
Key Concept Macro 3.11 Real GDP and Unemployment - 1 min 11 s
3.4 Unemployment and the Recessionary Gap
RWE Video Macro 3.4 Unemployment and the Recessionary Gap 4 min 38 s
Key Concept Macro 3.12 Three Types of Unemployment - 43 s
Key Concept Macro 3.13 Unemployment Formula - 40 s
Key Concept Macro 3.14 Cyclical Unemployment in a Recessionary Gap - 45 s
4.0 Aggregate Demand and Supply
(6 videos in this chapter)
4.1 Inflationary Gap without Government Intervention
RWE Video Macro 4.1 Inflationary Gap without Government Intervention - 2 min 43 s
Key Concept Macro 4.1 How an Inflationary Gap Develops - 1 min 03 s
4.2 Interest Rates vs. Bond Prices
RWE Video Macro 4.2 Interest Rates vs. Bond Prices - 3 min 22 s
Key Concept Macro 4.2 Three Motives for Holding Money - 57 s
Key Concept Macro 4.3 Opportunity Cost and Low Interest Rates - 22 s
Key Concept Macro 4.4 Why Interest Rates and Bond Prices Change - 34 s
5.0 Government and Fiscal Policy
(31 videos in this chapter)
RWE Video Macro 5.1 Fiscal deficit vs. debt - 5 min 31 s
Key Concept Macro 5.1 How a Fiscal Deficit or Surplus is Created - 33 s
Key Concept Macro 5.2 Definition of Fiscal Debt - 09 s
Key Concept Macro 5.3 How Fiscal Deficits Increase Fiscal Debt - 1 min 51 s
Key Concept Macro 5.4 How Much Government Debt Can We Afford? - 35 s
RWE Video Macro 5.2 Spending Multiplier - 4 min 38 s
Key Concept Macro 5.5 Definition of Spending Multiplier - 8 s
Key Concept Macro 5.6 Calculate the Marginal Propensity to Consume - 11 s
Key Concept Macro 5.7 How $100 spent ripples through the economy (incl. assumptions) - 1 min 07 s
Key Concept Macro 5.8 Calculate the Spending Multiplier - 25 s
5.3 Fiscal Policy - Government Spending
RWE Video Macro 5.3 Fiscal Policy - 3 min 5 s
Key Concept Macro 5.9 Effect of Government Spending - 33 s
Key Concept Macro 5.10 Finding the Optimum Spending Level - 22 s
Key Concept Macro 5.11 How Wise Government Spending Helps - 28 s
RWE Video Macro 5.4 Tax Multiplier - 3 min 56 s
Key Concept Macro 5.12 Tax Multiplier Example - 1 min 03 s
Key Concept Macro 5.13 Calculate the Tax Multiplier - 22 s
Key Concept Macro 5.14 Income Affects Tax Multiplier - 42 s
RWE Video Macro 5.5 Taxation - 4 min 58 s
Key Concept Macro 5.15 Reducing Government Spending to Reduce Inflation - 31 s
Key Concept Macro 5.16 Increasing Taxes to Reduce Inflation - 28 s
Key Concept Macro 5.17 Finding the Right Balance of Taxation - 20 s
Key Concept Macro 5.18 Effect of Reducing Taxes - 31 s
Key Concept Macro 5.19 Unintended Effect of Temporary Tax Relief - 30 s
RWE Video Macro 5.6 Population Pyramid - 3 min 35 s
Key Concept Macro 5.20 Building the Population Pyramid - 1 min 1 s
Key Concept Macro 5.21 Population Pyramid Changes - 1945 to 1965 - 30 s
Key Concept Macro 5.22 Population Pyramid Changes - 1965 to 2015 - 45 s
5.7 Solutions to the Population Pyramid
RWE Video Macro 5.7 Solutions to the Population Pyramid - 4 min 27 s
Key Concept Macro 5.23 Population Pyramid - 1945 - 2010 - 55 s
Key Concept Macro 5.24 Solutions to the Population Pyramid Problem - 30 s
6.0 The Money Supply and Monetary Policy
(27 videos in this chapter)
RWE Video Macro 6.1 Money Demand - 3 min 35 s
Key Concept Macro 6.1 What is Money Demand? - 17 s
Key Concept Macro 6.2 Two Types of Assets - 36 s
Key Concept Macro 6.3 Opportunity Cost of Holding Money - 52 s
Key Concept Macro 6.4 Shoe Leather Costs - 20 s
Key Concept Macro 6.5 Money Demand Curve Shifts- 40 s
Key Concept Macro 6.6 Money Demand Summary - 16 s
RWE Video Macro 6.2 Money Supply - 2 min 32 s
Key Concept Macro 6.7 Money Supply Definition- 25 s
Key Concept Macro 6.8 Open Market Operations - Increasing the Money Supply - 36 s
Key Concept Macro 6.9 Open Market Operations - Decreasing the Money Supply- 30 s
6.3 Fractional Reserve Banking
RWE Video Macro 6.3 Fractional Reserve Banking - 3 min 20 s
Key Concept Macro 6.10 T-Accounts - 21 s
Key Concept Macro 6.11 Money Creation Through Fractional Reserve Banking - 2 min 24 s
6.4 Money Supply and the Money Multiplier
RWE Video Macro 6.4 Money Supply and the Money Multiplier - 4 min 17 s
Key Concept Macro 6.12 Assumptions Underlying the Example - 36 s
Key Concept Macro 6.13 How the System Creates Money - 1 min 04 s
Key Concept Macro 6.14 Simple Money Multiplier Definition - 25 s
Key Concept Macro 6.15 Recap of Assumptions - 17 s
Key Concept Macro 6.16 The U.S. Money Multiplier 2008 - 2011 - 47 s
RWE Video Macro 6.5 5 min 50 s
Key Concept Macro 6.17 Three Ways the Fed Controls Monetary Policy - 47 s
Key Concept Macro 6.18 How Quantitative Easing is Implemented - 54 s
Key Concept Macro 6.19 How Monetary Policy Affects the Economy - 1 min 07 s
Key Concept Macro 6.20 Effect of Lower Interest Rates - 21 s
Key Concept Macro 6.21 Interest Rates Affect International Money Flow- 56 s
Key Concept Macro 6.22 Lower Interest Rates Increase Asset Prices - 1 min 01 s
7.0 International Trade
(11 videos in this chapter)
RWE Video Macro 7.1 Comparative Advantage - 2 min 34 s
Key Concept Macro 7.1 Comparative Advantage - 40 s
7.2 Benefits of TradeRWE Video Macro 7.2 Opportunity Cost in International Trade - 4 min 32 s
RWE Video Macro 7.3 Benefits of International Trade - 3 min 24 s
Key Concept Macro 7.2 How comparative advantage is calculated - U.S. and Canada -
Key Concept Macro 7.3 Autarky vs. Specialization -
7.3 Currency Exchange RatesRWE Video Macro 7.4 Currency Exchange Rates - 3 min 8 s
Key Concept Macro 7.4 Equilibrium at Intersection of Supply and Demand- 40 s
Key Concept Macro 7.5 Effect of Interest Rates on Currency Exchange Rates - 45 s
Key Concept Macro 7.6 Government Spending Affects Exchange Rates - 28 s
Key Concept Macro 7.7 Fixed Exchange Rates - 38 s