- Material Type:
- Full Course
- Provider:
- Rice University
- Provider Set:
- OpenStax College
- Date Added:
- 06/29/2017
19 Results
- Material Type:
- Unit of Study
- Provider:
- Rice University
- Provider Set:
- OpenStax College
By the end of this section, you will be able to:
Explain the nature and causes of unemployment
Analyze the natural rate of unemployment and the factors that affect it
Identify how undeveloped labor markets can result in the same hardships as unemployment
- Subject:
- Mathematics
- Material Type:
- Module
- Date Added:
- 08/21/2018
- Material Type:
- Unit of Study
- Provider:
- Rice University
- Provider Set:
- OpenStax College
By the end of this section, you will be able to:
Explain the structure and organization of the U.S. Federal Reserve
Discuss how central banks impact monetary policy, promote financial stability, and provide banking services
- Subject:
- Applied Science
- Material Type:
- Module
- Date Added:
- 08/21/2018
- Material Type:
- Unit of Study
- Provider:
- Rice University
- Provider Set:
- OpenStax College
By the end of this section, you will be able to:
Explain the various functions of money
Contrast commodity money and fiat money
- Subject:
- Applied Science
- Material Type:
- Module
- Date Added:
- 08/21/2018
- Material Type:
- Unit of Study
- Provider:
- Rice University
- Provider Set:
- OpenStax College
By the end of this section, you will be able to:
Use the aggregate demand/aggregate supply model to show periods of economic growth and recession
Explain how unemployment and inflation impact the aggregate demand/aggregate supply model
Evaluate the importance of the aggregate demand/aggregate supply model
- Subject:
- Mathematics
- Material Type:
- Module
- Date Added:
- 08/21/2018
In this chapter, you will learn about:
Macroeconomic Perspectives on Demand and Supply
Building a Model of Aggregate Demand and Aggregate Supply
Shifts in Aggregate Supply
Shifts in Aggregate Demand
How the AD/AS Model Incorporates Growth, Unemployment, and Inflation
Keynes’ Law and Say’s Law in the AD/AS Model
- Subject:
- Mathematics
- Material Type:
- Module
- Date Added:
- 08/21/2018
- Material Type:
- Unit of Study
- Provider:
- Rice University
- Provider Set:
- OpenStax College
By the end of this section, you will be able to:
Explain the Phillips curve, noting its impact on the theories of Keynesian economics
Graph a Phillips curve
Identify factors that cause the instability of the Phillips curve
Analyze the Keynesian policy for reducing unemployment and inflation
- Subject:
- Mathematics
- Material Type:
- Module
- Date Added:
- 08/21/2018
- Material Type:
- Unit of Study
- Provider:
- Rice University
- Provider Set:
- OpenStax College
By the end of this section, you will be able to:
Discuss why and how economists measure inflation expectations
Analyze the impacts of fiscal and monetary policy on aggregate supply and aggregate demand
Explain the neoclassical Phillips curve, noting its tradeoff between inflation and unemployment
Identify clear distinctions between neoclassical economics and Keynesian economics
- Subject:
- Mathematics
- Material Type:
- Module
- Date Added:
- 08/21/2018