Choices & Change: Macroeconomics Episode Guide

Episode Guide

• Aggregate Expenditures

  Aggregate expenditures; variables; income; AS/AD graph.

• Aggregate Supply and Demand

  AS/AD model; recessionary gaps; inflationary gaps; government policies; opinions.

• The Business Cycle

  Unemployment; inflation; business cycle.

• Confronting Scarcity

  Production possibilities curve; rain forests; trade.

• Economic Growth

  Standard of living; savings rates; technological advances; investing; economic growth; developing countries.

• Economies in Transition

  Former Soviet Union; market system; command system.

• Financial Markets

  Supply; demand; bond markets; currency; government.

• Fiscal Policy

  Fiscal policy; national debt; AS/AD model; economists; politicians.

• Measuring Economic Growth

  Economic activity; growth.

• Monetary Policy

  Federal Reserve System; economic stability; discretionary monetary policy; activist policies; exchange.

• The Nature of Money

  Money; Federal Reserve System.

• Schools of Thought

  Theories; economic stabilization; unemployment; inflation.

• The Study of Choice

  Scarce resources; NAFTA.

• Supply and Demand

  Supply; demand; surplus; shortage; market-based system; price control.