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(OLD Version) Macro Unit 2 Summary - Measuring the Economy

Watch the new version of this video: https://youtu.be/q7CaCE58Jug Hey, this is Jacob Clifford and welcome to the Macro Unit 2 Summary (new version). T...

Macro Unit 2: Economic Indicators and the Business Cycle

Quick Practice- GDP (Gross Domestic Product)

I guarantee that your teacher or professor will ask you questions about what counts in GDP. In this video I give you 15 fictitious transactions. Your...

Macro Unit 2: Economic Indicators and the Business Cycle

2022 Inflation- Econ in Real Life

Do you like these types of video? In this episode, I talk about the COVID-19 recession (the Great Lockdown) and explain how it led to high inflation i...

Macro Unit 2: Economic Indicators and the Business Cycle

Macro Unit 2 Practice Questions (Free Download)

I made this video to help macroeconomics students practice calculating the unemployment rate, the labor force participation rate, nominal GDP, and rea...

Macro Unit 2: Economic Indicators and the Business Cycle

Business Cycles- Macro Topic 2.7

In this video I show you the business cycle and talk about how economists predict recessions. It turns out that they aren’t even that good at it. Reme...

Macro Unit 2: Economic Indicators and the Business Cycle

Awesome Trick for Solving the GDP Deflator

Use the NeRD triangle to help you solve GDP deflator problems. A huge thank you to Christian Luddy from Apopka High for developing this idea. Also tha...

Macro Unit 2: Economic Indicators and the Business Cycle

Macro Unit 2.6B- GDP Deflator Practice AP Macroeconomics

The GDP deflator is a measure of inflation and is used to convert the nominal GDP into the real GDP. Try doing these three questions to practice using...

Macro Unit 2: Economic Indicators and the Business Cycle

Macro Unit 2.6A- Nominal and Real GDP Advanced Placement Macroeconomics

In this video I explain the difference between nominal and real GDP. Don't forget that Real GDP is adjusted for inflation. Please keep in mind that th...

Macro Unit 2: Economic Indicators and the Business Cycle

Inflation and CPI Practice- Macro 2.4

Hey econ students! Thank you for watching my videos. I really appreciate it. In this video I quickly go over the difference between the inflation rate...

Macro Unit 2: Economic Indicators and the Business Cycle

Unemployment- Macro Topic 2.3

Hey econ students! I made this video to help you understand unemployment. Make sure you can calculate the unemployment rate and the labor force partic...

Macro Unit 2: Economic Indicators and the Business Cycle

Limitations of GDP- Macro Topic 2.2

Hey, thanks for watching. In this episode I explain the limitations of GDP and why it's not the best way to measure standard of living. I talk about G...

Macro Unit 2: Economic Indicators and the Business Cycle

Circular Flow Matrix- How the economy works

In this video I explain the Circular Flow Matrix and how products, resources, and money flow in a market economy. I also define the factors of product...

Macro Unit 2: Economic Indicators and the Business Cycle