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Social Sciences

Principles of Macroeconomics (Video)

Updated 21 days ago

Education
Social Sciences
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We’ll cover fundamental questions such as: Why do some countries grow rich while others remain poor? How important is a country’s banking system — and what happened during the recent financial crisis? How did Zimbabwe end up with an inflation rate that rose into the quadrillions? We’ll also cover important topics like the Federal Reserve, monetary policy, fiscal policy, the Solow Growth Model, institutional analysis, the “economics of ideas,” and more. The course is divided up into "bite-size" chunks (average 5 minutes) that you can watch at your leisure. Ask questions, chat with the professors and earn a certificate at http://mruniversity.com.

Read more

We’ll cover fundamental questions such as: Why do some countries grow rich while others remain poor? How important is a country’s banking system — and what happened during the recent financial crisis? How did Zimbabwe end up with an inflation rate that rose into the quadrillions? We’ll also cover important topics like the Federal Reserve, monetary policy, fiscal policy, the Solow Growth Model, institutional analysis, the “economics of ideas,” and more. The course is divided up into "bite-size" chunks (average 5 minutes) that you can watch at your leisure. Ask questions, chat with the professors and earn a certificate at http://mruniversity.com.

iTunes Ratings

3 Ratings
Average Ratings
2
0
0
0
1

iTunes Ratings

3 Ratings
Average Ratings
2
0
0
0
1
Cover image of Principles of Macroeconomics (Video)

Principles of Macroeconomics (Video)

Updated 21 days ago

Read more

We’ll cover fundamental questions such as: Why do some countries grow rich while others remain poor? How important is a country’s banking system — and what happened during the recent financial crisis? How did Zimbabwe end up with an inflation rate that rose into the quadrillions? We’ll also cover important topics like the Federal Reserve, monetary policy, fiscal policy, the Solow Growth Model, institutional analysis, the “economics of ideas,” and more. The course is divided up into "bite-size" chunks (average 5 minutes) that you can watch at your leisure. Ask questions, chat with the professors and earn a certificate at http://mruniversity.com.

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Rank #1: How the Fed Works: After the Great Recession

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In response to the 2008 financial crisis, the Fed employed some new instruments and approaches to getting the economy back on track. In this video we explore three of these: quantitative easing, paying interest on reserves, and conducting repurchase (and...

Apr 04 2018
6 mins
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Rank #2: How the Fed Worked: Before the Great Recession

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In the United States, the Federal Reserve controls the supply of money. This makes it a pretty massive player in the US – and world – economy. The Fed can use the money supply and interest as tools to influence aggregate demand. But how the Fed does this...

Mar 14 2018
5 mins
Play

Rank #3: Office Hours: Multiple Shocks with the AD-AS Model

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As we've covered previously, the aggregate-demand aggregate-supply model is a useful tool for helping us understand what's going on in an economy. But it can get pretty complicated. In this video, we're going to take a look at the following real-world...

Feb 06 2018
4 mins
Play

Rank #4: Office Hours: Using the AD-AS Model

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We’re going to explore the mechanics of the aggregate-demand aggregate-supply (AD-AS) model. In our example, we’ll measure the economy’s inflation rate as well as the real GDP growth rate on the vertical and horizontal axes. A country’s normal GDP growth...

Jan 18 2018
5 mins
Play

Rank #5: Game of Theories: The Great Recession

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There’s an old analogy about blind men grasping an elephant. Elephants are huge creatures. If you’re touching the trunk, but you can’t see the whole elephant, you’re going to have a very different perspective from someone touching a leg. It doesn’t mean...

Dec 04 2017
8 mins
Play

Rank #6: Game of Theories: The Austrians

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The Austrian school of economic thought emphasizes market price signals and how they communicate decentralized information in an economy. The Austrian business cycle theory focuses on how central banks can distort those price signals. When central banks...

Nov 28 2017
7 mins
Play

Rank #7: Game of Theories: Real Business Cycle

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So far in our business cycles deep dive, we’ve covered two of the four main theories: Keynesian and monetarist. Now, we’re going to move away from aggregate demand and monetary policy to check out the supply side of things in real business cycle (RBC)...

Nov 21 2017
5 mins
Play

Rank #8: Game of Theories: The Monetarists

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Meet the monetarists! This business cycle theory emphasizes the effect of the money supply and the central bank on the economy. Formulated by Nobel Laureate Milton Friedman, it’s a “goldilocks” theory that argues for a steady rate of fairly low inflation...

Nov 13 2017
6 mins
Play

Rank #9: Game of Theories: The Keynesians

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One point of contention among economists is the causes of business cycles and recessions. And if you disagree on the causes, chances are that you disagree on the solutions. In this video series, we’re going to explore some of the major business cycle...

Nov 07 2017
8 mins
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Rank #10: Fiscal Policy and Crowding Out

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Effective fiscal policy has to be timely, targeted, and temporary. But how the central bank, businesses, and consumers respond to fiscal policy also plays a role in how effective it is. When expansionary fiscal policy is enacted, what happens to the...

Oct 10 2017
5 mins
Play