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فيصل بن عبدالعزيز الطوري

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Econ 102 - The principles of macroeconomics

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Econ 102- The principles of macroeconomics
Welcome to econ 102!

Overview
Gross domestic product
Measuring GDP
Uses and limitations of GDP
Summary for the first 3 chapters

Overview
Employment and unemployment
Unemployment and full employment
The price level, inflation and deflation
Summary for the first 3 chapters

Chapter overview
The basics of economic growth
Long term growth trends
How potential GDP grows
Why labor productivity grows
Is economic growth sustainable? Theories
Summary for the first 3 chapters

Overview
Financial markets and institutions
Financial decisions and risks
The lonable funds market
Governments in the lonable funds market
Summary of chapters 24-28

Overview
What is money?
Depository institutions
The federal reserve system
How banks create money + Mathematical note
Summary of chapters 24-28
The money market
The quantity theory of money

Overview
Aggregate supply
Aggregate demand
Explaining macroeconomic shifts and fluctuations
Macroeconomic schools of thought
Summary of chapters 24-28

Overview
Fixed prices and expenditure plans
Real GDP with fixed prices
The multiplier
The multiplier and the price level
Summary of chapters 24-28

Overview
The business cycle
Inflation cycles
Deflation
The Philips curve
Summary

Overview
The supply side effects of fiscal policy
Fiscal stimulus
Summary

Overview
The conduct of monetary policy
Monetary policy transmission

Measuring GDP

Measuring GDP

Measuring GDP

السؤال 1 من 3

The differences between real and nominal GDP include:

السؤال 2 من 3

The expenditure approach to calculating GDP uses total spending as a means of calculating GDP ( C+I+G+X-M)

السؤال 3 من 3

The income approach calculates the spending or cost of the four factors of production to calculate GDP