
Missouri State University - Principles of Macroeconomics: L24 - Long Run Macro Equilibrium 2
Continue talking about the long run macro equilibrium situation. Make a review about that talk about last time.
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Continue talking about the long run macro equilibrium situation. Make a review about that talk about last time.
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Start with the next topic "Economic Instability", the history of economic instability, the GAP, recession, depression.
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Talk about the keynesian model of economic.
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Continue talking about Keinesian model. Also review the matter of the last class/ The multipier effect in a coruve, the increase in autonimus spending.
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Review the matter of the last class and talk about the spending multiplier MPS, the autonomous spending, what cause change in autonomous spending?, etc.
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Start talking about "Fiscal Policy". The old time fiscal religion. What happened after General theory in 1936 until today.
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Familiarize yourself with the basic concepts of economics so that later it is easier to treat the following matter
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Continue talking about Fiscal policy. Did a review for the exam. And see the limitacions on Keinesian Fiscal Policy, the counter cyclical policy and pro cyclical policy, etc.
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Start a new topic "Money and Banking". The amount of money in economy, the supply and demand for money influence in the economy activitie. Talk about some of the basics of money,…
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Continue the discussion from last time and talk about the debelopment of money, the functions of money, desyrable characterites of money
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Talk about the origen of diferent kinds of money over the years, the currency and cheking deposits. The M-1 money supply.
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Review the last topics of the last class. Talk about fractional reserv banking, the simple deposit multiplier, the federal resev sistem, etc.
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