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ECON102: Principles of Macroeconomics
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◄ Unit 7 Study Guide: International Trade
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Course Syllabus
Course Terms of Use
Principles of Macroeconomics
: "Chapter 3: Demand and Supply"
Principles of Macroeconomics
: "Chapter 4: Applications of Demand and Supply"
Market Equilibrium and Market Manipulation Quiz
Charles Feng's "AP Macroeconomics Study Guide"
Boundless: "Macroeconomics"
Massachusetts Institute of Technology: Veronica Guerrieri's "The Demand Side of the Economy"
Massachusetts Institute of Technology: Veronica Guerrieri's "Introduction to Macroeconomic Data"
John Petroff's
Macroeconomics
: "Chapter 15: Economic Growth"
Economics: Theory through Applications
: "18.3: The Circular Flow of Income"
Khan Academy: "Circular Flow of Income and Expenditures"
Circular Flow Model Quiz
Unit 1 Assessment
Principles of Macroeconomics
: "Chapter 6: Measuring Total Output and Income"
Khan Academy: "Parsing Gross Domestic Product"
Khan Academy: "More on Final and Intermediate GDP Contributions"
Khan Academy: "Investment and Consumption"
Khan Academy: "Income and Expenditure Views of GDP"
Khan Academy: "Components of GDP"
Khan Academy: "Examples of Accounting for GDP"
John Petroff's
Macroeconomics
: "Chapter 5: National Income Accounting"
Khan Academy: "GDP Deflator"
Khan Academy: "Example Calculating Real GDP with a Deflator"
Macroeconomics
: "6.1: Measuring the Size of the Economy: Gross Domestic Product"
Khan Academy: "Real GDP and Nominal GDP"
Nominal GDP and Real GDP Quiz
Massachusetts Institute of Technology: Veronica Guerrieri's "Principles of Macroeconomics Lecture Notes"
ECON102 Discussion
Unit 2 Assessment
Macroeconomics
: "Chapter 8: Unemployment"
Khan Academy: "Unemployment"
Khan Academy: "Unemployment Rate Primer"
Unemployment Rate
The Economic Policy Institute: "The State of Working America: Unemployment and Underemployment"
Principles of Macroeconomics
: "5.3: Unemployment"
Unemployment: Types, Kinds and Quantities
Types and Measures of Unemployment Quiz
Wikipedia: "Full Employment"
Principles of Macroeconomics
: "5.2: Price-Level Changes"
Khan Academy: "Introduction to Inflation"
Khan Academy: "Stagflation"
Khan Academy: "Hyperinflation"
Mary J. McGlasson's "Real GDP"
Principles of Macroeconomics
: "16.1: Relating Inflation and Unemployment"
Paul Gomme's "Economic Commentary on the Costs of Inflation"
Macroeconomics
: "Inflation"
Bestiary of Behavioral Economics
: "Money Illusion"
Khan Academy: "Actual CPI-U Basket of Goods"
Wikipedia: "Producer Price Index"
Wikipedia: "GDP Deflator"
John Petroff's
Macroeconomics
: "Chapter 14: Unemployment vs. Inflation"
Khan Academy: "Demand-Pull Inflation under Johnson"
Khan Academy: "Cost-Push Inflation"
Unit 3 Discussion
Unit 3 Assessment
John Petroff's
Macroeconomics
: "Chapter 6: Business Cycle"
Khan Academy: "Keynesian Economics"
Khan Academy: "Risks of Keynesian Thinking"
Boundless: "The GDP Deflator"
John Petroff's
Macroeconomics
: "Chapter 7: Classical/Keynesian Controversy"
Bureau of Economic Analysis: "Gross Domestic Product"
GDP Quiz
Macroeconomics
: "Business Cycle"
Massachusetts Institute of Technology: Veronica Guerrieri's "Global Imbalances"
Massachusetts Institute of Technology: Roberto Rigobon's "The Disinflation Spiral"
Massachusetts Institute of Technology: Roberto Rigobon's "Fiscal Multiplier"
Wikipedia: "Washington Consensus"
Wikipedia: "Shock"
Wikipedia: "Macroeconomic Policy Instruments"
Wikipedia: "Output"
Khan Academy: "Real GDP Driving Price"
Principles of Macroeconomics
: "5.1: Growth of Real GDP and Business Cycles"
Wikipedia: "Balance of Payments"
Massachusetts Institute of Technology: Veronica Guerrieri's "AS-AD Model"
Principles of Macroeconomics
: "Chapter 7: Aggregate Demand and Aggregate Supply"
Khan Academy: "Aggregate Demand"
Khan Academy: "Shifts in Aggregate Demand"
ECON102 Discussion
New World Encyclopedia: "Keynes and Classical Economics"
Wikipedia: "Keynesian Economics"
Wikipedia: "Supply Side Economics"
Khan Academy: "Long-Run Aggregate Supply"
Khan Academy: "Short-Run Aggregate Supply"
Principles of Macroeconomics
: "Chapter 13: Consumption and the Aggregate Expenditures Model"
GDP and Aggregate Expenditure Quiz
Wikipedia: "Output Gap"
Macroeconomics
: "Chapter 19: Introduction to Macroeconomic Policy Around the World"
Wikipedia: "Economic Indicators"
Wikipedia: "Consumer Confidence Index"
Wikipedia: "Five Sector Model"
Macroeconomics
: "Multiplier Process"
Khan Academy: "The Business Cycle"
Unit 4 Discussion
Unit 4 Assessment
Massachusetts Institute of Technology: Veronica Guerrieri's "Fiscal Policy"
Principles of Macroeconomics
: "12.2: The Use of Fiscal Policy to Stabilize the Economy"
John Petroff's
Macroeconomics
: "Chapter 9: Fiscal Policy"
Khan Academy: "Tax Lever of Fiscal Policy"
Macroeconomics
: "17.5: Automatic Stabilizers"
Principles of Macroeconomics
: "12.3: Issues in Fiscal Policy"
Principles of Macroeconomics
: "11.2: Problems and Controversies of Monetary Policy"
Phil Holden's "Fiscal Policy and Automatic Stabilizers"
Principles of Macroeconomics
: "12.1: Government and the Economy"
Wikipedia: "History of the United States Public Debt"
Wikipedia: "Government Debt"
Wikipedia: "External Debt"
Unit 5 Discussion
Unit 5 Assessment
Christopher Conte and Albert R Karr's
An Outline of the US Economy
: "Chapter 7: Monetary and Fiscal Policy"
Khan Academy: "Monetary and Fiscal Policy"
Massachusetts Institute of Technology: Veronica Guerrieri's "Monetary Policy"
The Federal Reserve: "Everyday Economics"
Principles of Macroeconomics
: "9.1: What Is Money?"
Principles of Macroeconomics
: "9.2: The Banking System and Money Creation"
Massachusetts Institute of Technology: Veronica Guerrieri's "Money"
The Federal Reserve: "Federal Reserve Statistical Release"
Khan Academy: "Overview of Fractional Reserve Banking"
Khan Academy: "Full Reserve Banking"
Khan Academy: "Simple Fractional Reserve Accounting (Part 1)"
Khan Academy: "Simple Fractional Reserve Accounting (Part 2)"
John Petroff's
Macroeconomics
: "Chapter 10: Money"
Principles of Macroeconomics
: "Chapter 10: Financial Markets and the Economy"
Macroeconomics
: "Chapter 15: Monetary Policy and Bank Regulation"
Principles of Macroeconomics
: "9.3: The Federal Reserve System"
The Federal Reserve: "Monetary Policy"
John Petroff's
Macroeconomics
: "Chapter 12: Monetary Policy"
Fractional Reserve Banking and Money Creation Quiz
Khan Academy: "Interest as Rent for Money"
Khan Academy: "Money Supply and Demand Impacting Interest Rates"
Macroeconomics
: "16.1: How the Foreign Exchange Market Works"
Lawrence Mitchell's "Financial Speculation: The Good, the Bad, and the Parasitic"
Boundless: "Overview of Bonds"
Khan Academy: "Weaknesses of Fractional Reserve Lending"
Macroeconomics
: "15.5: Pitfalls for Monetary Policy"
Principles of Macroeconomics
: "16.2: Explaining Inflation – Unemployment Relationships"
Principles of Macroeconomics
: "16.3: Inflation and Unemployment in the Long Run"
Khan Academy: "Phillips Curve"
Wikipedia: "The Misery Index"
Wikipedia: "Laffer Curve"
Wikipedia: "Quantitative Easing"
Jonathan M. Harris' "Macroeconomic Policy and Sustainability"
Economics
: "Current Topics in Macroeconomics: Questions for Debate"
Wolfram Demonstrations Project: "Solow Growth Model"
Unit 6 Discussion
Unit 6 Assessment
Massachusetts Institute of Technology: Veronica Guerrieri's "International Economics"
Wikipedia: "Absolute Advantage"
Massachusetts Institute of Technology: Roberto Rigobon's "The Debate on Globalization"
Absolute Advantage, Comparative Advantage, and International Trade Quiz
Russell Shannon's "Trade Barriers"
Wikipedia: "Free Trade"
Unit 7 Discussion
Unit 7 Assessment
Unit 1 Study Guide: Overview of Economics
Unit 2 Study Guide: Macroeconomics: Goals, Measures, and Challenges
Unit 3 Study Guide: Unemployment and Inflation
Unit 4 Study Guide: Aggregate Economic Activities and Fluctuations
Unit 5 Study Guide: Fiscal Policy
Unit 6 Study Guide: Monetary Policy and Various Complexities behind Macroeconomic Policies
Unit 7 Study Guide: International Trade
ECON102: Certificate Final Exam
ECON102: Certificate Final Exam ►
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ECON102: Principles of Macroeconomics
Sections
Course Introduction
Unit 1: Overview of Economics
Unit 2: Macroeconomics: Goals, Measures, and Challenges
Unit 3: Unemployment and Inflation
Unit 4: Aggregate Economic Activities and Fluctuations
Unit 5: Fiscal Policy
Unit 6: Monetary Policy and Various Complexities behind Macroeconomic Policies
Unit 7: International Trade
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