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Macroeconomics II


  • 26:02 Macroeconomics, Lecture 01

    Macroeconomics, Lecture 01

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    This is the first lecture of a first-year, introductory course in macroeconomics. It introduces the most important concepts in economics, the differences between macroeconomics and microeconomics, and economic modelling.American University in BulgariaProf

  • 56:57 Macroeconomics, Lecture 02

    Macroeconomics, Lecture 02

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    The second lecture in a university course at the American University in Bulgaria in introductory macroeconomics. Covers Chapter 1 of Bernanke's "Macroeconomics" textbook, answers the basic questions of what macroeconomics is about, what macroeconomists do

  • 1:09:13 Macroeconomics, Lecture 03

    Macroeconomics, Lecture 03

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    Covers Bernanke's Chapter 2.1 and 2.2 - the Product, Income, and Expenditure Approaches to measuring GDPKrassimir Petrov, AUBGProfessor: Krassimir Petrov

  • 1:01:42 Macroeconomics, Lecture 04

    Macroeconomics, Lecture 04

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    Covers Bernanke's 2.3 and 2.5Prof. Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 1:13:24 Macroeconomics, Lecture 05

    Macroeconomics, Lecture 05

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    Covers Bernanke's 2.5, 3.1, 3.5, 3.6Prof. Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 1:03:35 Macroeconomics, Lecture 06

    Macroeconomics, Lecture 06

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    An Austrian approach to the origins and properties of money. The first of a dozen lectures on monetary economics.Prof. Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 55:37 Macroeconomics, Lecture 07

    Macroeconomics, Lecture 07

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    Covers the Austrian basics of demand, supply, and equilibrium. Not surprisingly, the stuff is the same as the neoclassicalKrassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 32:18 Macroeconomics, Lecture 08

    Macroeconomics, Lecture 08

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    The value of money. Purchasing power of money. Causes of inflation. Economic growth and inflation.Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 1:04:01 Macroeconomics, Lecture 09

    Macroeconomics, Lecture 09

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    The supply of money. Inflation. The Inflation process. Inflation Tax.Dr. Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 1:10:51 Macroeconomics, Lecture 10

    Macroeconomics, Lecture 10

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    Factors determining Money Demand: (1) supply of goods and services, (2) clearing systems, (3) frequency of payments, (4) confidence in money, ands (5) inflationary expectations. Hyperinflation.Dr, Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 1:08:11 Macroeconomics, Lecture 11

    Macroeconomics, Lecture 11

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    Introduction to the topic of commercial banking. Covers briefly loan banking and begins deposit banking.Dr. Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 1:08:18 Macroeconomics, Lecture 12

    Macroeconomics, Lecture 12

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    Deposit Banking. Fractional Reserve Banking. Deposit Multiplier. Creating money out of "thin air". The Credit Crunch. Rothbard's "Mystery of Banking" Chapter 7.Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 29:51 Macroeconomics, Lecture 13

    Macroeconomics, Lecture 13

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    Limits to Credit Expansion. Use of Money and Banks; Bank Runs; Deposit Drains.Dr. Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 1:14:01 Macroeconomics, Lecture 14

    Macroeconomics, Lecture 14

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    Introduction to Central Banking. Legal tender Laws. Lender of Last Resort. Deposit Insurance. Money Multiplier. Bank Reserves.Dr. Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 1:01:33 Macroeconomics, Lecture 15

    Macroeconomics, Lecture 15

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    Central Banking - Determination of Total Reserves and Tools of Monetary Policy.Prof. Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 56:15 Macroeconomics, Lecture 16

    Macroeconomics, Lecture 16

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    Central Banking. The Process of Credit Expansion under central banking. Explain in details whether government deficits are inflationary or not. Debt monetization.Dr. Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 1:05:49 Macroeconomics, Lecture 17

    Macroeconomics, Lecture 17

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  • 58:53 Macroeconomics, Lecture 18

    Macroeconomics, Lecture 18

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    Fisnishes the negative effects of inflation and begins the topic of production and capital.Dr. Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 1:18:00 Macroeconomics, Lecture 19

    Macroeconomics, Lecture 19

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    Intriduction to capital and production, and the role of savings and interest rates in coordinating current consumption and future consumption.Dr. Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 1:10:02 Macroeconomics, Lecture 20

    Macroeconomics, Lecture 20

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    Economic GrowthProf. Krassimir Petrov, AUBGProfessor: Dr. Krassimir Petrov

  • 49:24 Macroeconomics, Lecture 21

    Macroeconomics, Lecture 21

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    Intriduction to Business CyclesProf. Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 45:29 Macroeconomics, Lecture 22

    Macroeconomics, Lecture 22

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    Continues with the introduction to Business Cycles.Prof. Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

  • 56:51 Macroeconomics, Lecture 23

    Macroeconomics, Lecture 23

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    Business Cycles - The Boom.Dr. Krassimir Petrov, Ph.D.Professor: Krassimir Petrov, Ph. D.

  • 1:18:46 Macroeconomics, Lecture 24

    Macroeconomics, Lecture 24

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    The Bust. Recession, depression; inflationary and deflationary bust; necessary features of a bust.Dr. Krassimir Petrov, AUBGProfessor: Krassimir Petrov, Ph. D.

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