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Economic indicators and the business cycle

This course contains 7 segments:

The Circular Flow and GDP

Focus content: circular flow model, GDP

Limitations of GDP

Focus content: limitations of GDP

Unemployment

Focus content: unemployment rate, labor force participation rate, limitations of the unemployment rate, types of unemployment (cyclical, frictional, structural), natural rate of unemployment

Price Indices and inflation

This course contains 7 segments:

The Circular Flow and GDP

Focus content: circular flow model, GDP

Limitations of GDP

Focus content: limitations of GDP

Unemployment

Focus content: unemployment rate, labor force participation rate, limitations of the unemployment rate, types of unemployment (cyclical, frictional, structural), natural rate of unemployment

Price Indices and inflation

Focus content: inflation, CPI, real v. nominal values, shortcomings of CPI. Distinguish between inflation, deflation, and disinflation

Costs of Inflation

Focus content: costs of inflation

Real vs. nominal GDP

Focus content: nominal GDP, real GDP, GDP deflator

Business cycles

Focus content: business cycle phases and turning points, full-employment (potential) output, output gap

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Time

3 hours

Via

Khan Academy

This course belongs to a collection called AP®︎ Macroeconomics. It's comprised of nine courses:

Basic economics concepts
Economic indicators and the business cycle (viewing)
Long-run consequences of stabilization policies
Prepare for the 2020 AP Macro Exam
Every graph used in AP Macroeconomics
National income and price determination
Financial sector
Open economy: international trade and finance
AP®︎ Macroeconomics Standards mappings

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