For more information on the following economic concepts, click on the links below.
Scarcity, Choice, Rational Self-Interest, etc.
Macroeconomics vs. Microeconomics
Positive vs. Normative Economics
Graphs
Individual PPF
Opportunity Cost
Just a short note about the definition of "full cost" shown in the Opportunity Cost video. It should read: Opportunity Cost = Direct (or Explicit) Cost + Indirect (or Implicit) Cost
Law of Demand
Demand vs. Quantity Demanded
Law of Supply
Market Equilibrium
Price Floors & Price Ceilings
Refer to chapters 6, 7, 8, and 9 for more information about the topics below.
GDP
Real GDP
Economic Growth
Business Cycles
Inflation and Price Indexes
Real Income
Unemployment
Types of Unemployment
Refer to chapters 9, 10, 11, 12, and 13 for more information about the topics below.
Krugman regarding John Maynard Keynes
Krugman's advice to Econ Students
AD & AS
Macroeconomic Viewpoints
Fiscal Policy
The next two videos are a bit technical .....
Should we use Fiscal Policy? --- Crowding Out & Lags
Taxes & Budget
Refer to chapters 14 and 15 for more information about the topics below.
What is Money?
Creating Money
The Fed
Monetary Policy
Source: YouTube
