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Macroeconomics Library

• How To Plot A Line - Math Basics Series

  In this video, Aimee explains the use of a graph as tool to illustrate the relationship between two variables. More...

• Measuring Slopes - Math Basics Series

  Aimee shows how to measure the slope of a line, where the slope is defined as the rise over run. More...

• Different Types of Slopes - Math Basics Series

  Aimee points out the possibility of the existence of diferent slopes of a line graph. More...

• Intersection of Two Lines - Math Basics Series

  Aimee illustrates how the intersection of two lines helps solve a problem. More...

• Curved Line: Slopes and Tangents - Math Basics Series

  Aimee explains how there can be different slopes in different segments on a curved graph. More...

• Dividing By Fractions - Math Basics Series

  Aimee explains how to multiply and divide fractions. More...

• Selfish vs. Self-Interest - Gregory Brock

  Dr. Brock reviews the difference between selfish individuals and self-interested individuals. More...

• Nominal vs. Real Quantity - Alejandro Cañadas

  Dr. Cañadas explains the significance of nominal and real values. More...

• Compound Interest - Karl Einolf

  Karl Einolf explains compound interest using M&Ms. More...
   

• Circular Flow of Income - Tawni Ferrarini

  Tawni Ferrarini explains the circular flow of income. More...

• Monetary Policy - Alejandro Cañadas

  Dr. Cañadas reviews how the Federal Reserve can implement monetary policy in three ways. More...

• Population: Employment and Unemployment - Alejandro Cañadas

  Dr. Cañadas reviews the "labor participation rate". More...

• Present and Future Values of Money - Karl Einolf

  Dr. Einolf reviews the concept of present value of money versus its future value. More...

• Fractional Reserve Banking - Gregory Brock

  Dr. Brock illustrates how money is created. He begins with a 50 cent deposit in a bank and follows its growth. More...

• RWE Video 1.1 Comparative Advantage - Greg Brock - 2 min 48 s

  Dr. Brock compares absolute and comparative advantage and how it drives international trade. More...

• RWE Video 1.2 Opportunity Cost Versus Choice - Tamara Woroby - 3 min 11 s

  Dr. Woroby explains how scarcity leads to a problem of choice - where one good must be sacrificed to get another. More...
   

• Population Pyramids - Tamara Woroby

  Dr. Woroby uses the population pyramid to help evaluate a demographic time bomb. More...
   

• Fiscal Deficit vs. Debt - Tamara Woroby

  Dr. Woroby examines the difference and interaction between a country's fiscal deficit and its debt. More...

• RWE Video 6.2 Diminishing Marginal Utility - Thanksgiving Dinner - 4 min 5 s

  Tamara Woroby reviews marginal utility using "utils" to measure satisfaction at Thanksgiving dinner. More...

• Solution to the Population Pyramid Problem - Tamara Woroby

  The number of people leaving the labor force is increasing. More...

• Spending Multiplier - Robert Sonora

  Dr. Sonora explains how the marginal propensity to consume affects the spending multiplier.  More...

• Money Supply & The Money Multiplier - Robert Sonora

  Dr. Sonora demonstrates how the banking system creates additional money. More...

• Money Demand - Robert Sonora

  Dr. Sonora explains how interest bearing assets and money interact to affect money demand. More...

• Tax Multiplier - Robert Sonora

  Dr. Sonora explains the tax multiplier, using a marginal propensity to consume of 0.9. More...

• Money Supply - Robert Sonora

  Dr. Sonora describes how the Central Bank controls the money supply in the economy through open market operations. More...

• Inflationary Gap Without Government Intervention - Marilyn Cottrell

  Professor Cottrell describes how an inflationary gap is created. More...

• Recessionary Gap Without Government Intervention - Marilyn Cottrell

  Marilyn Cottrell explores what happens when governments do not intervene during recessions. More...

• Fiscal Policy: Government Spending - Marilyn Cottrell

  Professor Cottrell examines how government spending impacts the economy.  More...

• Fiscal Policy: Taxation - Marilyn Cottrell

  Marilyn Cottrell examines the impact of taxation on the economy. More...

• Interest Rates vs. Bond Prices - Marilyn Cottrell

  Marilyn Cottrell explores how interest rates and bond prices are related. More...

• Capital vs. Investments - Bridget O'Shaughnessy

  Bridget O'Shaughnessy reviews the difference between stock and flow variables using capital and investment to illustrate. More...

• Calculating GDP - Bridget O'Shaughnessy

  Professor O'Shaughnessy describes the income and expenditure methods of calculating GDP. More...

• GDP vs. GNP - Tawni Ferrarini

  The difference between GDP and GNP. More...

• GDP Deflator vs. CPI - Bridget O'Shaughnessy

  Dr. O’Shaughnessy reviews how the GDP Deflator and CPI are calculated. More...

• Savings vs. Investment - Bridget O'Shaughnessy

  Bridget O'Shaughnessy explores how economists define investments. More...

• RWE Video 1.2 Production Possibility Frontier Curve - 2 min 56 s

  Professor Tawni Ferrarini reviews how economic resources are allocated. More...

• GDP vs. GNP - Tawni Ferrarini

  The difference between GDP and GNP. More...

• Circular Flow of Income - Tawni Ferrarini

  Tawni Ferrarini explains the circular flow of income. More...

• RWE Video 1.1 - Rational Economic Exchange - 2 min 45 s

  Why consumers make rational economic exchanges. More...

• Opportunity Cost in International Trade - Tawni Ferrarini

  Tawni Ferrarini shows how free trade can benefit everyone. More...