1 / 23

Economics Sample Unit 4 Macroeconomics

Economics Sample Unit 4 Macroeconomics. Document Set. The Macro Economy. Foreign Sector. Savings. Government. CPI- All, Medical Care, & Apparel. https://fred.stlouisfed.org/graph/?g=1AxN. CPI for all Urban Consumers. https://fred.stlouisfed.org/graph/?g=eYT. Inflation Graphic Organizer.

cweingartner
Download Presentation

Economics Sample Unit 4 Macroeconomics

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Economics Sample Unit 4 Macroeconomics Document Set

  2. The Macro Economy

  3. Foreign Sector Savings Government

  4. CPI- All, Medical Care, & Apparel https://fred.stlouisfed.org/graph/?g=1AxN

  5. CPI for all Urban Consumers https://fred.stlouisfed.org/graph/?g=eYT

  6. Inflation Graphic Organizer

  7. Aggregate Demand • Total Spending in the Economy • Nominal Spending= C+I+G+Xn (X-M)

  8. Aggregate Supply • Total Production for an Economy

  9. Short Run Macro Equilibrium

  10. Long Run Aggregate Supply=PPCProduction Point “A” is at Full Employment A A =

  11. Economic Growth =

  12. Full Employment Production • Current production (Yfe) at Full Employment

  13. Recessionary Gap • Current Production (Ye) below Full Employment

  14. Inflationary Gap • Current Production (Ye) above Full Employment

  15. https://research.stlouisfed.org/dashboard/7191

  16. Business Cycle • Peak- Highest point in the Business Cycle • Contraction- Stage in which the economy has declining Real GDP • Recession- Two quarters (6 Months) of declining Real GDP • Trough- Lowest point of the Business Cycle • Recovery- Signals end of a Recession with increasing Real GDP • Expansion- Growing economy until it reaches a Peak

  17. The Real Business Cycle https://fred.stlouisfed.org/series/GDPC1

  18. The Federal Reserve System https://commons.wikimedia.org/wiki/File:FederalReserve_System.png

  19. Monetary Policy • Goals of The Federal Reserve • Price Stability • Full Employment

  20. Fiscal Policy Expansionary Fiscal Policy Contractionary Fiscal Policy

  21. Federal Budget- Deficit https://upload.wikimedia.org/wikipedia/commons/e/e1/CBO_Infographic_2016.png

More Related