SOS 213/214 • Final • Economics

Main Concerns of Macroeconomics

Output Growth and Business Cycle

Circular Flow Model

What is GDP?

Measuring GDP - Prodution or Value-Added Method

Measuring GDP - Expenditure Method

Measuring GDP - Income Approach and other National Income Accounts

Nominal vs Real GDP

GDP Deflator

Economic Well Being (GDP Per Capita)

Question - GDP

Question - GDP Calculation

Question - Expenditure Method

Question - Real GDP, Nominal GDP and Deflator

Unemployment - Definitions and Concepts

Example - Labor Force Participation Rate and Unemployment Rate Calculation

Types of Unemployment

Example - Types of Unemployment

Problems with Measuring Unemployment

Question - Unemployment and Labor Force Participation Rate Calculation

Question - Unemployment / Labor Force

Question - Unemployment Rate

Inflation - Definitions and Concepts

Example - Definition of Inflation

Measuring Inflation - CPI

Example - Calculating CPI

Example - Measuring Inflation with CPI

Example - Measuring Inflation with CPI

Problems with CPI

CPI vs GDP Deflator

Example - CPI vs Deflator

Nominal vs Real Interest Rates

Example - Nominal Values and Real Values

Costs of Inflation

Question - CPI vs GDP Deflator

Question - Nominal vs Real Values

Question - Nominal vs Real Values

Question (Components of GDP)

Question (Components of GDP)

Question (Components of GDP) 2

Question (GDP Calculation)

Question (Nominal GDP Calculation)

Question (Nominal GDP Calculation)

Question (GDP vs GNP)

Question (GDP vs GNP)

Question (GNP and NNP)

Question (Expenditure Method)

Question (Expenditure Method)

Question (Expenditure Method)

Question (Expenditure Method)

Question (Real GDP)

Question (Nominal vs Real GDP)

Question (GDP Deflator)

Question (Real GDP, Nominal GDP and Deflator)

Question (Real GDP, Nominal GDP and Deflator)

Question (Calculation of Disposable Income)

Question (Labor Force)

Question (Labor Force)

Question (Unemployment/Labor Force)

Question (Types of Unemployment) 1

Question (Types of Unemployment) 2

Question (Types of Unemployment)

Question (Types of Unemployment)

Question (Types of Unemployment)

Question (Unemployment - Classification)

Question (Problems with Measuring Unemployment)

Question (CPI)

Question - CPI and Inflation

Question (Nominal vs Real Values)

Question (Nominal vs Real Interest)

Question (Measuring Inflation with CPI)

Aggregate Expenditure

Consumption Function

Example (Consumption and Saving)

Investment

Example (Investment)

Government Purchases

Net Export

Planned Aggregate Expenditure and Equilibrium

Example (Aggregate Expenditure and Equilibrium)

Example (Aggregate Expenditure and Equilibrium)

Question (Consumption Function)

Question (Aggregate Expenditure)

Question (Disequilibrium and Change in Inventories)

Fiscal Policy in Aggregate Expenditure Model

Spending Multiplier and Tax Multiplier

Multipliers with Proportional Income Tax

Example

Government Budget and Automatic Stabilizers

Example

What is Money?

Example

Money Supply

Example

The Role of Commercial Banks

Creating Money

Example

Central Bank and Monetary Policy

Quantity Theory of Money

Money Market

Question - Money Supply

Exam like Question 1

Exam like Question 2

The Aggregate Supply

Example

The IS and Fed Rule Curves

Change in IS and Fed Curves - Example

Example

Example

The Aggregate Demand

Example

Example

Short-Run Equilibrium and Change in AD or AS

Example

Long-Run Aggregate Supply

Long-Run Equilibrium and Long-Run Adjustment

Question

Question

Exam like Question 1

Exam like Question 2

Exam like Question 3

Question (Disequilibrium and Change in Inventories)

Question (Aggregate Expenditure and Equilibrium)

Question (Aggregate Expenditure and Equilibrium) 1

Question (Aggregate Expenditure and Equilibrium) 2

Question (Aggregate Expenditure and Equilibrium)

Question (Aggregate Expenditure and Equilibrium)

Question (Planned Aggregate Expenditure and Equilibrium)

Question (Aggregate Expenditure and Equilibrium)

Question (Equilibrium and Fiscal Policy)

Question (Equilibrium and Fiscal Policy)

Question (Money Supply)

Question (Money Mulitplier)

Question (Money Market)

Question (Interest Rates and Central Bank)

Question (Interest Rates and Money Demand)

Question (Aggregate Supply)

Question (Aggregate Supply)

Question (Aggregate Supply)

Question (Aggregate Supply)

Question (Investment)

Question (Interest Rate and Aggregate Expenditure)

Question (IS Curve)

Question (IS Curve)

Question (IS and Fed Rule Curves)

Question (IS and Fed Rule Curves)

Question (AD/AS Model)

Question (AD/AS Model)

Question (AD/AS Model)

Question (AD/AS Model)

Question (AD/AS Model)

Question (AD/AS Model)

Question (AD/AS Model)

Question (AD/AS Model)