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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

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