1st Edition
ECON 1113: Principles of economics: Macro
School: The University of Oklahoma (OU )
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Pages: 29Covers lecture information for the beginning of this semester in preparation for the exam. -
Pages: 3Discusses different perspectives on economic topics between Keynesians and Monetarists through comparisons and graphs. -
Pages: 3Discusses bond, money, and investment markets in terms of Keynesian model and the Treasury's actions. -
Pages: 3Discusses bond, money, and investment markets' changes in regards to the Keynesian model for both unemployment and inflation scenarios. Introduces the concept of budget deficit. -
Pages: 3Introduces the interest elasticity of investment coefficient and its possibilities. Shows the correlation between the monetary sector and investment. Includes investment spending in alterations made to the Keynesian Cross Model -
Pages: 3Introduces the concept of investment spending and the business cycle correlation. Explains the three types of I and the idea of expected rate of return and interest rates. -
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Pages: 3Focuses on how the Quantity Theory of Money relates to the US in 1865-1896 in terms of deflation, the gold standard, and the free silver movement. Discusses the allegory of the Wizard of Oz. -
Pages: 3Graphically describes money and bond markets and causes for their shifts. Explains interest rate determination. Discloses the money expansion multiplier. -
Pages: 3Explains the functions of the government bond market in correlation with interest rates. Introduces money demand and associated motives. -
Pages: 3Includes a case study for review on previous lecture. Discusses how the Federal Reserve controls money supply. -
Pages: 3Introduces the monetary sector, including the nature and function of money as well as the quantity equation and quantity theory of money. -
Pages: 3Discusses the government spending and tax multipliers, how they are calculated, and their effects. -
Pages: 2Reviews concepts from previous lecture. Evaluates the results of the Revenue Act of 1932 and unemployment. Discusses inflation within the Keynesian Cross Model, including fiscal policies and politics surrounding actions taken to alter it. Introduces the multiplier concept. -
Pages: 2Reiterates concepts of the Keynesian Cross model through diagrams and special circumstances. Explains how to alter the lines of the graph through fiscal policies. -
Pages: 3Briefly reviews concepts of previous lectures on the topics of inflation and Planned Total Expenditure. Discusses analysis of the Keynesian Cross Model and its graphical appearance and means of shifting. -
Pages: 4Discusses numerical, graphical, and mathematical interpretations of the consumption function. Conveys the shifts of the function and their causes. Further explains the principles with a case study. -
Pages: 3Introduces Keynesian economic models. Discusses his idea of Plan Total Expenditure as well as how disposable tax income and consumer spending function together to calculate Average Propensity to Consume and Margin Propensity to Consume.