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Introductory macroeconomics

GDP, growth, inflation, unemployment and the models a first course examines. Placeholder content.

10 lessons · about 3.3 hours · First-year undergraduate, preparing for the end-of-module exam

The syllabus, mapped

  1. 01Measuring the economy — GDP and price indices, examined for definitions.
  2. 02Long-run growth — The Solow model, every year.
  3. 03Money and inflation — Where intuition and the model disagree.
  4. 04Short-run fluctuations — The IS-LM or AD-AS core of the paper.
  5. 05Monetary and fiscal policy — The essay question.

The 10 lessons

  1. 01Measuring the economy: the ideas · free
  2. 02Measuring the economy: exam problems
  3. 03Long-run growth: the ideas
  4. 04Long-run growth: exam problems
  5. 05Money and inflation: the ideas
  6. 06Money and inflation: exam problems
  7. 07Short-run fluctuations: the ideas
  8. 08Short-run fluctuations: exam problems
  9. 09Monetary and fiscal policy: the ideas
  10. 10Monetary and fiscal policy: exam problems

The first lesson is free. The other 9 (3.3 hours in all) cost $8.42 bought together.

Or $1.70 a lesson one at a time, or $20.00 a month for Minimal — cheaper once you take more than ~11 lessons a month.

Try a block from the first lesson: Measuring the economy: the ideas
Macroeconomics · shocksQ0 · GAP -3.2%
ADSRASLRAS · POTENTIALπ 3.5%GAP -3.2%
output gap-3.2%inflation3.5%

Quarter zero: a supply shock: costs rise at every level of output, so short-run supply moves up and left. Output is below potential by 3.2% and inflation is at 3.5%. Nothing has adjusted yet — this is the picture the textbook draws second.

Free account. The course comes with you; nothing is charged for the first lesson.

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