Principles of Macroeconomics, Spring 2013 Ann Stevens

Lecture 14 5/21: Lecture uses the aggregate demand and supply model from the perspective of Keynesian economics to explain the effect of a change in government spending.

Lecture 13: (5-16) Continues the lecture on Supply and demand focusing on the long and short run aggregate supply curves and the factors that can cause them to shift and the concept of equilibrium in the AS AD model.

Lecture 12 (5-14): Introduces supply and demand in a Macro setting. Defining aggregate supply and demand in the economy. Definition of curves in short and long run and causes of shifts in curves.

Lecture 11 (5/9): Finish lecture on inflation and begin inequality. Defining inequality, measuring inequality and exploring how inequality affects growth.

Lecture 10 (5/7): Measurements of inflation, including the consumer price index and the GDP deflator. Also effects of inflation and problems with measurements.

Lecture 9 (5/2): The second lecture on unemployment, covers sticky wages and types of unemployment: cyclical, structural and frictional.