Quantifying the value of the put option. Created by Sal Khan.
A better way to solve the "liquidity" and "price discovery" problem. Created by Sal Khan.
A primer of why Greece is in a tough situation (more in future videos). Created by Sal Khan.
What Greece could have done if it had its own currency. Created by Sal Khan.
The pain and mechanics of leaving the Euro. Created by Sal Khan.
The basic machines of macroeconomics. Ramsey, Solow, Samuelson-Diamond, RBCs, ISLM, Mundell-Fleming, Fischer-Taylor. How they work, what shortcuts they take, and how they can be used. Half-term subject.
Principles of Macroeconomics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters.Changes made in Principles of Macroeconomics 2e are described in the preface and the transition guide to help instructors transition to the second edition.
By the end of this section, you will be able to:
Analyze whether monetary policy decisions should be made more democratically
Calculate the velocity of money
Evaluate the central bank’s influence on inflation, unemployment, asset bubbles, and leverage cycles
Calculate the effects of monetary stimulus
By the end of this section, you will be able to:
Explain the various functions of money
Contrast commodity money and fiat money
Why the Greek situation is scary for Europe as a whole. Created by Sal Khan.
