In Economics 1B, Principles of Macroeconomics UC Davis economics professor Ann Stevens covers the analysis of the economy as a whole; determinants of the level of income, employment and prices; money and banking, economic fluctuations, international trade, economic development; and the role of public policy..
The Kenyesian Perspective
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.
5/21/2013 • 1 hour, 17 minutes, 32 seconds
Aggregate Supply and Demand 2
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.
5/16/2013 • 1 hour, 16 minutes, 27 seconds
Aggregate Supply and Demand
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.
5/14/2013 • 1 hour, 34 minutes, 39 seconds
Inequality
Lecture 11 (5/9): Finish lecture on inflation and begin inequality. Defining inequality, measuring inequality and exploring how inequality affects growth.
5/9/2013 • 1 hour, 11 minutes, 37 seconds
Inflation
Lecture 10 (5/7): Measurements of inflation, including the consumer price index and the GDP deflator. Also effects of inflation and problems with measurements.
5/7/2013 • 1 hour, 15 minutes, 51 seconds
Unemployment 2
Lecture 9 (5/2): The second lecture on unemployment, covers sticky wages and types of unemployment: cyclical, structural and frictional.
5/2/2013 • 1 hour, 19 minutes, 40 seconds
Unemployment
Lecture 8 (6/25): This lecture covers unemployment, including the definition of unemployment and the labor force. Stevens talks about statistics over time and across different groups.
4/25/2013 • 1 hour, 8 minutes, 21 seconds
Economic Growth
Lecture 7 (4/23): This lecture covers economic growth, including measurement of growth, and the calculation of growth rates. Also in the lecture, Professor Stevens discusses the production function in the economy, speed of convergence and the great divergance.
4/23/2013 • 1 hour, 20 minutes, 31 seconds
Gross Domestic Product
Lecture 6 (4/18): Professor Stevens covers the Gross Domestic Product definition, examples and calculation. and Includes methods of measuring GDP, use of GDP as a standard of living and the GDP deflator.
4/18/2013 • 1 hour, 19 minutes, 49 seconds
Analyzing Supply and Demand
Lecture 5 (4/16): Second lecture on Supply and Demand includes shifts of curves, price ceilings, price floors and comparative statics.
4/16/2013 • 1 hour, 18 minutes, 41 seconds
Introduction to Supply and Demand
Lecture 4 (4/11) This video covers an introduction to our supply and demand framework. Determinants of supply and demand and factors that can cause shifts in the supply and demand curves.
4/11/2013 • 1 hour, 17 minutes, 40 seconds
Choice, Scarcity and Tradeoffs in Economics
Lecture 3 (4/9): Lecture covers the factors that affect choices made by economic agents. This includes budget sets, determinants of interest rates and opportunity costs.
