Macroeconomics- Everything You Need to Know

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Published 2017-05-09
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In this video, I quickly cover all the concepts and graphs that you will see in an AP macroeconomics or college-level introductory macroeconomics course. Don't take notes. Just get the big picture.

Note At 25:48, the signs are reversed.

I talk about scarcity, opportunity cost, the PPC, comparative advantage, supply and demand, GDP, unemployment, inflation, aggregate demand and supply, LRAS, Phillips Curve, economic growth, fiscal policy, money, banking, monetary policy, the Money Market, loanable funds, the balance of payments, and exchange rates. Wow! That's a lot of stuff. Good luck on your test!

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All Comments (21)
  • @coltonneuman930
    This guy explained everything better in less than 30 minutes than my professor has this entire semester...
  • @wolfgordon2677
    Good luck to everyone who didn't do anything this year and is cramming everything in one night
  • @MZXYZ__
    exam in 3 hours chat am i cooked
  • @wah00__87
    time to start studying 2 hours before the test :D
  • I want to buy a million packets to support this grade savior, buuut I won't because it could increase the price level
  • @jcr1842
    Cramming literally 3 hours before my macro exam, good luck to everyone who’s taking it today 🥴🥴
  • @chronobeats
    Exam in 30 mins, currently watching at x2 speed, let's do this boys.
  • @austin7993
    U1 1:00 Basics 1:14 PPC 2:18 Absolute & Comparative Advantage 3:07 Circular Flow Model 3:55 Demand & Supply U2 5:24 Economic Goals 5:50 GDP 8:06 Business Cycle 8:49 Unemployment 10:47 Inflation 11:33 Interest Rates 11:45 CPI 12:30 GDP Deflator 13:10 Quantity Theory of Money 13:56 Demand-Pull Inflation 14:08 Cost-Push Inflation U3 14:51 Aggregate Demand 15:10 Wealth Effect 15:23 Interest Rate Effect 15:33 Foreign Trade Effect 16:54 Recessionary & Inflationary Gaps 17:02 Stagflation 17:13 Long-Run Adjustments 18:00 Economic Growth 18:35 Phillips Curve 19:07 Fiscal Policy 19:22 Multiplier Effect 20:08 Problems of Fiscal Policy 20:33 Crowding Out U4 20:56 Types of Money 21:07 Functions of Money 21:13 M1 Money Supply 21:36 Bank Balance Sheets 21:53 Money Multiplier 22:30 Money Market 23:32 Shifting the Money Supply 24:10 Federal Funds Rate 24:39 Loanable Funds Market U5 25:40 Balance of Payments 26:06 Current Account 26:20 Financial Account 26:50 Foreign Exchange 28:25 FOREX Shifters 29:20 Exchange Rates
  • @madday9589
    "Dont take notes" Me: Frantically copying down everything he says a day before the AP exam
  • @VYDEOS2
    "I'm really into economics so I'm just watching this video for fun, even though I don't have any exam" - said nobody ever
  • @qzc3E9
    who's here in 2019 before AP MACRO?
  • @yuriyu279
    Good luck to everyone taking the coronaAP Econ exams this year
  • im watcing this in 30 minute video 40 minutes before my ap test. wish me luck
  • @LordKarnox
    Exam delayed, watching this while I wait 😅
  • @SeveralOnions
    This video is actually insane. I have my AP test tomorrow and this has caught me up more effectively than anything I've seen these last two weeks. Thank you so much for the upload!
  • @arigabay6821
    I’m not even going to use the ultimate review packet but I’m going to buy it because you’ve single handedly gotten me through the class and you deserve it
  • @camillej3383
    Sup squad. Exam is in less than two hours 🤪 this man saved my grade last semester, hoping he manifests a three for me now