Macroeconomics: Crash Course Economics Demand and Supply Explained- Econ 5 months ago   13:43

This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and monetary policy and inflation and policy. We need this stuff, because if you don't have a big picture of the economy, crashes and panics are more likely. Of course, economics is extremely complex and unpredictable. Today we'll talk about GDP as a measure of a country's economic health, the basics of economic analysis, and even a little about full employment, unemployment

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Comments 958 Comments

Aadan Boss
Hi! guys anyone who did this part in exam may/june 2019
Akshay.S Achar
I really liked his ACDC belt
pavit sohal
i *hate* the way this guy talks
dj Lional
amazing video. especially the car engine example
Gabriel McKelvey
12:51 "Reality is often disappointing".
tconroymusic FEWER cars and houses.... Not LESS cars and houses. We can COUNT them.
Hubblebub Lumbubwub
That flappy bird joke aged well. The fact that the game is irrelevant now makes it way more random.
dan daly
how does one know if workers dropped out of actively looking for work, how are the numbers generated
Dom Winton
her hands.... god....
Shabahat Kareem
Your videos are comendebale. Requested to arrange subtitle also in videos
i took ap macro this year and i started out doing well but my teacher was so bad and my ap exam is next week and i was nervous i’d fail but this did a good job of summarizing whatever it was i actually learned this year!
Danny Raul Molina
cool bow tie
ACDC Macro Review Packet for those those interested. Your welcome ;)
Richard S.
I don't think it was adequately described why exactly is deflation a bad thing. Sure, some people might not spend their money in hopes of even lower prices, but there are things you have to buy daily or when you need them. And a steady downward slope would be predictable enough that most would not worry about spending in the now.

GDP also is not only about buying (even less about buying for a low price). It's also about the production itself, which is going to increase as there are cheap materials and so on.

Where is my reasoning wrong?
Professor Gingey
-_- yay Germany
Alejandro Laguna
9:32 I’m just sitting here, smiling, realizing “damn, this MOFOs really out here brainwashing peeps with their Keynesian bs, ain’t they”
Retard Alert
Mr. Cliffords evil and boring brother...

*Mr. Difford*
I have macros midterm in 6 hours
Vincent Henry
This is one of the most important lessons
Kofi Ackuaku
I have an econs test on Monday 😭😭😭
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Demand and Supply Explained- Econ Macroeconomics: Crash Course Economics 5 months ago   06:43

Thanks for watching. In this video I explain the law of demand, the substitution effect, the income effect, the law of diminishing marginal utility, and the shifters of demand. Make sure that you understand the difference between a change in quantity demanded and a change in demand. This is the first video in the unit Playlist. Make sure that you watch the the next two videos about supply and equilibrium so you can put it all together. I hope that you like this video. Please like, leave a comment, and subscribe. *Note* never drink a whole gallon of milk

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Supply Video

Video Explaining Shifting the Curves

Unit playlists

Learn it by watching Indiana Jones