Discussion of inflation, the CPI index and owners' equivalent rent. [Economics playlist: Lesson 8 of 20]

Describes a simple business, leading to a discussion on inflation/deflation. It also touches on income statements. [Economics playlist: Lesson 1 of 20]

Continues the description of the cupcake business, inflation/deflation, and the income statement. [Economics playlist: Lesson 2 of 20]

Uses a spreadsheet to show why prices decrease when utiliation is low and why prices increase when utilization is high. [Economics playlist: Lesson 3 of 20]

Continues the discusion of inflation and capacity utilization. [Economics playlist: Lesson 5 of 20]

Reviews President Obama's Stimulus Package and whether the stimulus is large enough to offset the demand shock created by the contraction of credit. [Economics playlist: Lesson 6 of 20]

Analyzes unemployment data to show that real unemployment is worse than the headline numbers show. [Economics playlist: Lesson 7 of 20]

This 3-minute video lesson explains the basics of deflation. [Core Finance playlist: Lesson 168 of 184]

Principles of Macroeconomics is an adaptation of the text, Macroeconomics: Theory, Markets, and Policy by D. Curtis and I. Irvine, and presents a complete and concise examination of introductory macroeconomics theory and policy suitable for a first introductory course.
Examples are domestic and international in their subject matter and are of the modern era -- financial markets, monetary and fiscal policies aimed at inflation and debt control, globalization and the importance of trade flows in economic structure, and concerns about slow growth and the risk of deflation, are included.

This text is intended for a one-semester course, and can be used in a two-semester sequence with the companion text, Principles of Microeconomics. The three introductory chapters are common to both books.

Lyryx develops and supports open texts, with editorial services to adapt the text for each particular course. In addition, Lyryx provides content-specific formative online assessment, a wide variety of supplements, and in-house support available 7 days/week for both students and instructors.

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:

Identify patterns of inflation for the United States using data from the Consumer Price Index
Identify patterns of inflation on an international level

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

Unexpected inflation or deflation takes wealth away from one group and gives it to another group. This video talks about the winners and losers from inflation and deflation.