AP/ECON 1010 3.00

York U

Course Overview

Lessons & Practice

I. Welcome

48 sec

1. Economic Concepts

29min

1.1.1. Definitions8 min

1.1.2. Practice: Definitions51 sec

1.2.1. Production Possibilities Frontier: Concave PPF8 min

1.2.2. Production Possibilities Frontier: Linear PPF3 min

1.2.3. Example: PPF and Opportunity Cost1 min

1.2.4. Example: PPF and Efficiency2 min

1.2.5. Practice: PPF2 min

1.2.6. Practice: Opportunity Cost2 min

1.3.1. Positive vs Normative Economics1 min

1.3.2. Practice: Positive and Normative Statements1 min

2. Measuring a Nation's Income

55min

2.1.1. Nominal GDP, Real GDP and Deflator9 min

2.1.2. Example: Nominal GDP, Real GDP and Deflator3 min

2.1.3. Example: Deflator Calculation3 min

2.1.4. Practice: Nominal GDP, Real GDP and Deflator1 min

2.1.5. Practice: Real and Nominal GDP1 min

2.2.1. Real GDP Per Capita8 min

2.2.2. Example: Real GDP Per Capita53 sec

2.2.3. Practice: Real GDP Per Capita23 sec

2.3.1. Circular Flow Diagram3 min

2.3.2. Practice: Circular Flow Diagram Practice Question1 min

2.4.1. GDP - Expenditure Approach6 min

2.4.2. Example: GDP - Expenditure Approach55 sec

2.4.3. Practice: GDP - Expenditure Approach40 sec

2.4.4. Practice: GDP and Investment Expenditure35 sec

2.4.5. Practice: GDP and Inventory1 min

2.5.1. GDP - Income Approach5 min

2.5.2. Example: GDP - Income Approach4 min

2.6.1. GDP vs GNP53 sec

2.6.2. Example: GDP vs GNP1 min

2.6.3. Practice: GDP vs GNP55 sec

3. Production and Growth

16min

3.1.1. Production and Growth9 min

3.1.2. Example: Production and Growth 2 min

3.1.3. Example: Catch Up Effect2 min

3.1.4. Practice: Production and Growth34 sec

3.1.5. Practice: Catch Up Effect55 sec

3.1.6. Practice: Rule of 7038 sec

3.1.7. Practice: Human Capital59 sec

4. Aggregate Demand and Supply

40min

4.1.1. Aggregate Demand11 min

4.2.1. Short Run Aggregate Supply9 min

4.2.2. Long Run Aggregate Supply4 min

4.3.1. Output Gaps (Economic Fluctuations)9 min

4.4.1. Long Run Neutrality of Money7 min

4.Q. Checkpoint Quiz4 Qns

5. Measuring the Cost of Living and Inflation

28min

5.1.1. CPI (Consumer Price Index)13 min

5.1.2. Example: CPI5 min

5.1.3. Practice: CPI34 sec

5.1.4. Practice: CPI Definition59 sec

5.1.5. Practice: CPI Calculation2 min

5.2.1. Real and Nominal Interest3 min

5.2.2. Example: Real and Nominal Interest2 min

5.2.3. Practice: Real Interest and CPI1 min

5.Q. Checkpoint Quiz1 Qn

6. Unemployment

29min

6.1.1. Labor Force and Unemployment5 min

6.1.2. Example: Labor Force and Unemployment6 min

6.1.3. Practice: Labor Force and Unemployment4 min

6.1.4. Practice: Labor Force2 min

6.1.5. Practice: Unemployment Rate41 sec

6.2.1. Types of Unemployment9 min

6.2.2. Example: Types of Unemployment2 min

6.2.3. Practice: Unemployment1 min

6.Q. Checkpoint Quiz1 Qn

7. Saving, Investment and the Financial System

43min

7.1.1. Financial System6 min

7.1.2. Example: Present Value1 min

7.1.3. Practice: Bonds2 min

7.2.1. Government Budget and National Savings8 min

7.2.2. Example: Paradox of Thrift2 min

7.2.3. Practice: Paradox of Thrift1 min

7.2.4. Practice: National Savings1 min

7.3.1. Loanable Funds12 min

7.3.2. Example: Loanable Funds3 min

7.3.3. Practice: Loanable Funds1 min

7.3.4. Practice: Supply and Demand for Loans1 min

7.3.5. Practice: Government Budget and Loans38 sec

7.3.6. Practice: Budget Deficit and Loans2 min

7.3.7. Practice: Factors That Affect Supply and Demand for Loans2 min

7.Q. Checkpoint Quiz0 Qns

8. The Monetary System

26min

8.1.1. Money and Banking Definitions10 min

8.1.2. Bank Reserves10 min

8.2.1. Bank Capital and Leverage Ratio6 min

8.Q. Checkpoint Quiz6 Qns

9. Macroeconomic Theory of the Small Open Economy

23min

9.1.1. Supply and Demand of Foreign Currency11 min

9.2.1. Capital Flight4 min

9.3.1. Balance of Payments8 min

9.Q. Checkpoint Quiz2 Qns

10. Monetary Policy

53min

10.1.1. Monetary Policy Response3 min

10.2.1. Monetary Policy, Open Market Operations and Overnight Rate16 min

10.3.1. Money Supply and Demand9 min

10.4.1. Monetary Injection and AD8 min

10.4.2. Monetary Injection with a Flexible/Fixed Exchange Rate16 min

10.Q. Checkpoint Quiz3 Qns

11. Fiscal Policy

29min

11.1.1. Multiplier Effect11 min

11.2.1. Crowding Out12 min

11.3.1. Automatic Stabilizers5 min

11.Q. Checkpoint Quiz3 Qns

12. Open Economy Macroeconomics

30min

12.1.1. International Flows of Goods and Services8 min

12.1.2. Example: International Flows of Goods and Services3 min

12.1.3. Practice: International Flows of Goods and Service42 sec

12.1.4. Practice: Net Capital Outflow1 min

12.2.1. Purchasing Power Parity10 min

12.2.2. Example: Purchasing Power Parity4 min

12.2.3. Practice: Purchasing Power Parity3 min

12.2.4. Practice: Exchange Rate42 sec

12.Q. Checkpoint Quiz0 Qns

13. International Trade (Exports and Imports)

33min

13.1.1. Exports9 min

13.1.2. Practice: Exports55 sec

13.2.1. Imports with Free Trade8 min

13.2.2. Imports with Tariff9 min

13.2.3. Practice: Tariff1 min

13.3.1. Pros and Cons of Trade5 min

13.3.2. Practice: Pros and Cons of Trade

14. Gains from Trade

46min

14.1.1. Absolute and Comparative Advantage11 min

14.1.2. Example: Absolute and Comparative Advantage7 min

14.1.3. Practice: Absolute and Comparative Advantage3 min

14.2.1. Gains from Trade8 min

14.2.2. Example: Gains from Trade4 min

14.2.3. Example: Consumption (Trading) Possibility Curve7 min

14.2.4. Practice: Gains from Trade5 min

15. Government Debt and Deficits

1.5hr

15.1.1. The Government Budget Constraint58 min

15.1.2. Debt-to-GDP Ratio

15.1.3. Practice Questions: Government Debts and Deficits

15.2.1. The Budget Deficit Function

15.2.2. Structural and Cyclical Budget Deficit

15.2.3. Practice Questions: The Budget Deficit

15.3.1. Crowding Out35 min

15.3.2. Theory

15.3.3. Practice Questions: Effects of Government Debt

16. Exchange Rates and the Balance of Payments

1.8hr

16.1.1. Balance of Payments1.5 hr

16.1.2. Practice Questions: The Balance of Payments

16.2.1. The Exchange Rate

16.2.2. The Supply of Foreign Exchange

16.2.3. The Demand of Foreign Exchange

16.2.4. Practice Questions: Foreign Exchange

16.3.1. Fixed (Pegged) Exchange Rate Regime

16.3.2. Flexible Exchange Rates

16.3.3. Changes in Flexible Exchange Rates

16.3.4. Practice Questions: Determination of Exchange Rates19 min

17. Unemployment Fluctuations and the NAIRU

46min

17.1.1. Employment46 min

17.1.2. Flows in the Labour Market

17.1.3. Practice Questions: Employment and Unemployment

17.2.1. Market Clearing Theory

17.2.2. Non-Market Clearing Theories

17.2.3. Reducing Unemployment

17.2.4. Practice Questions: Unemployment Fluctuations

18. Inflation and Disinflation

1.9hr

18.1.1. Employment1.9 hr

18.1.2. Wages

18.1.3. The Phillips Curve

18.1.4. Prices

18.1.5. Constant Inflation

18.1.6. Practice Questions: Wages

18.1.7. Practice Questions: Inflation

18.2.1. Demand Shocks

18.2.2. Supply Shocks

18.2.3. Theory

18.3.1. Disinflation

18.3.2. The Cost of Disinflation

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Unanswered

Samuel B

what sections cover which midterms?

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Anonymous

Is each lesson and practice number separated by chapter?

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