Inequality and Aggregate Demand-Aggregate Supply
Listen now
Description
We finished up inequality and started the aggregate demand, aggregate supply model. First we addressed causes of inequality and we talked about how to measure inequality. We also discussed the question of whether or not inequality affects economic growth. We went over some debates surrounding inequality and some of the causes of increased inequality. Then we stared the AD-AS model.
More Episodes
We talked about purchasing power parity, the Big Mac index, how central banks can affect the exchange rates, pegging exchange rates and the current account deficit.
Published 03/13/14
We went over exchange rates, who buys and sells foreign currency, and the difference between currency appreciation and depreciation. We also talked about supply and demand in foreign exchange markets. Purchasing power parity was covered.
Published 03/11/14
We finished up monetary policy and went over how a central bank can effect an economy. We also examined the equation of exchange. We then started exchange rates.
Published 03/06/14