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Principles of Macroeconomics

U1
Introduction
topic 1 to 2
2 topics
01
Introduction: Economics, Micro-economics, Macro-economics
02
The Miracle of Modern Economic Growth
U2
Measuring Domestic Output
topic 3 to 8
6 topics
03
Measuring Domestic Output: Gross Domestic Product
04
The Expenditure Approach to GDP
05
The Income Approach to GDP
06
Other National Accounts
07
Nominal GDP versus Real GDP
08
Shortcomings of GDP Measurement
U3
Economic Growth
topic 9 to 11
3 topics
09
Economic Growth: Modern economic growth
10
Determinants of Economic Growth
11
Production Possibility Analysis
U4
Business Cycles
topic 12 to 14
3 topics
12
Business Cycles: Phases and characteristics
13
Measurement of Unemployment
14
Types of Unemployment
U5
Inflation
topic 15 to 16
2 topics
15
Inflation: Meaning and measurement
16
Facts about Inflation
U6
Basic Macroeconomic Relationships
topic 17 to 19
3 topics
17
Basic Macroeconomic Relationships: Income-consumption-saving
18
The Interest Rate-Investment Relationship
19
The Multiplier Effect
U7
The Aggregate Expenditures Model
topic 20 to 25
6 topics
20
The Aggregate Expenditures Model: Assumptions
21
Consumption and Investment Schedules
22
Changes in Equilibrium GDP and the Multiplier
23
Adding the Public Sector to the Model
24
Equilibrium versus Full Employment GDP
25
Recessionary and Inflationary Expenditure Gaps
U8
Aggregate Demand and Supply
topic 26 to 31
6 topics
26
Aggregate Demand and Supply: Concepts
27
Changes in Aggregate Demand
28
Aggregate Supply and its Changes
29
The Diamond-Water Paradox
30
Equilibrium and Changes in Equilibrium
31
Fiscal Policy and Monetary Policy

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