Khan Academy Static

Keynesian_thinking

Whether you love him or hate him (or just consider him a friend that you respect but disagree with every-now-and-then), Keynes has helped define how many modern governments think about their economies. This tutorial explains how his thinking was a fundamental departure from classical economics.

Aggregate_demand_and_aggregate_supply

This tutorial looks at supply and demand in aggregate-from the perspective of the entire economy (not just the market for one good or service). Instead of thinking of quantity of one good, we think of total output (GDP). Very useful model for thinking through macroeconomic events.

Monetary_and_fiscal_policy

Governments (and pseudo government entities like central banks) have two tools at their disposal to try to impact the business cycle --monetary and fiscal policy. This will help you understand what they are.

The_business_cycle

Economies never have a long steady march upwards. They constantly oscillate between growth and recession. This tutorial gives a little intuition for why that is.

Historical_circumstances_explained_by_AD_AS

In the last tutorial, we claimed that the aggregate demand and aggregate supply model (AD-AS) would be useful for analyzing macroeconomic events. Well, in this tutorial, we'll do exactly that.

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