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The Neoclassical Macroeconomic Diagram: "The Rule of 10"

Macroeconomics: Course Curriculum

    1. Welcome to Macroeconomics! Introduction and Overview

    2. Lesson 1: Introduction to Foundations of Macroeconomics

    3. Lesson 2: The Circular Flow of Income Model

    4. Lesson 3: Gross Domestic Product and Friends

    5. Lesson 4: How is National Income Measured?

    6. Lesson 5: Gross Domestic Product (GDP) vs Gross National Product (GNP)

    7. Lesson 6: Gross National Income (GNI) vs Net National Income (NNI)

    8. Lesson 7: Nominal GDP vs Real GDP

    9. Lesson 8: GDP per Capita

    10. Study Break!

    11. Lesson 9: Green GDP

    12. Lesson 10: Why Are National Income Statistics Gathered?

    13. Lesson 11: Limitations on National Income Statistics

    14. Lesson 12: The Business Cycle

    15. Closing Remarks: Foundations of Macroeconomics

    16. Review Questions: Foundations of Macroeconomics

    17. Key Terms and Concepts: Foundations of Macroeconomics

    18. IB Exam Practice Questions: Foundations of Macroeconomics

    1. Lesson 1: Introduction to Aggregate Demand (AD)

    2. Lesson 2: Aggregate Demand: The Components of AD

    3. Lesson 3: Aggregate Demand and Fiscal Policy

    4. Lesson 4: Aggregate Demand and Monetary Policy

    5. Lesson 5: Introduction to Aggregate Supply

    6. Lesson 6: The Short-Run Aggregate Supply Curve (SRAS)

    7. Lesson 7: The Long-Run Aggregate Supply Curve (LRAS)

    8. Lesson 8: The Long-Run: Neoclassical View

    9. Study Break!

    10. Lesson 9: The Long-Run: Keynesian View

    11. Lesson 10: Interventionist Supply-Side Policies

    12. Lesson 11: Market Based Supply-Side Policies

    13. Closing Remarks: Aggregate Demand and Aggregate Supply

    14. Review Questions: Aggregate Demand and Aggregate Supply

    15. Key Terms and Concepts: Aggregate Demand

    16. Key Terms and Concepts: Aggregate Supply

    17. IB Exam Practice Questions: Aggregate Demand and Aggregate Supply

    1. Lesson 1: Introduction to Macroeconomic Equilibrium

    2. Lesson 2: The Neoclassical Macroeconomic Diagram: "The Rule of 10"

    3. Lesson 3: The Keynesian Macroeconomic Diagram: "The Rule of 9"

    4. Lesson 4: Understanding Keynesian Logic: A Silly But Useful Metaphor

    5. Lesson 5: The Neoclassical Perspective on Macroeconomics

    6. Lesson 6: The Keynesian Perspective on Macroeconomics

    7. Closing Remarks: Macroeconomic Equilibrium

    8. Review Questions: Macroeconomic Equilibrium

    9. Key Terms and Concepts: Macroeconomic Equilibrium

    10. IB Exam Practice Questions: Macroeconomic Equilibrium

    1. Lesson 1: Introduction to Low Unemployment

    2. Lesson 2: The Labor Market Diagram

    3. Lesson 3: Types of Unemployment

    4. Lesson 4: Distribution and Costs of Unemployment

    5. Lesson 5: Expressing Demand-Deficient (Cyclical) Unemployment on a Diagram

    6. Study Break!

    7. Lesson 6: Government Solutions to Unemployment

    8. Lesson 7: Demand-Side or Supply-Side Solutions to Unemployment?

    9. Lesson 8: Crowding Out

    10. Closing Remarks: Low Unemployment

    11. Review Questions: Low Unemployment

    12. Key Terms and Concepts: Low Unemployment

    13. IB Exam Practice Questions: Low Unemployment

    1. Lesson 1: Introduction to Low and Stable Rate of Inflation

    2. Lesson 2: Degrees of Inflation

    3. Lesson 3: Costs of Inflation

    4. Lesson 4: Deflation

    5. Lesson 5: Measuring Inflation

    6. Lesson 6: Issues with Measuring Inflation

    7. Lesson 7: Demand-Pull Inflation

    8. Lesson 8: Cost-Push Inflation

    9. Lesson 9: Inflationary Spiral

    10. Lesson 10: Government Solutions to Reducing Inflation

    11. Closing Remarks: Low and Stable Rate of Inflation

    12. Review Questions: Low and Stable Rate of Inflation

    13. Key Terms and Concepts: Low and Stable Rate of Inflation

    14. IB Exam Practice Questions: Low and Stable Rate of Inflation

    1. Lesson 1: Introduction to Economic Growth

    2. Lesson 2: Showing Economic Growth on a Diagram

    3. Lesson 3: Positive and Negative Impact of Economic Growth

    4. Closing Remarks: Economic Growth

    5. Review Questions: Economic Growth

    6. Key Terms and Concepts: Economic Growth

    7. IB Exam Practice Questions: Economic Growth

About this course

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  • 138 lessons
  • 14.5 hours of video content