Macroeconomics- Everything You Need to Know

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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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[coltonneuman]

This guy explained everything better in less than 30 minutes than my professor has this entire semester...

[wolfgordon]

Good luck to everyone who didn't do anything this year and is cramming everything in one night

[joshuaclark]

Good luck on all our AP Macro 2021 tests tomorrow everyone!

[jcr]

Cramming literally 3 hours before my macro exam, good luck to everyone who’s taking it today 🥴🥴

[austin]

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

[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!

[arigabay]

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

[gissellerodriguez]

I want to buy a million packets to support this grade savior, buuut I won't because it could increase the price level

[nicebars]

Mark Cuban dropping some dope Macro knowledge once again!!

[HouseofObiwan]

To other students:
The year is 2020. I passed my Macroeconomics class last semester so you know all of this information is *still solid.*
Mr. Clifford isn't a substitute for the material, but if you watch his videos after doing your coursework it really REALLY helps.
--When it came time for the final, I did buy the ultimate review packet and it was worth it
--The value of the packet is so much more than the sticker cost
--It's a super small cost for a better understanding and high grade; especially when you're already paying high tuition
--It supports the channel and the video production costs, but also shows that you appreciate the knowledge

Thank you Mr. Clifford!

[yuriyu]

Good luck to everyone taking the coronaAP Econ exams this year

[Chippy]

I would like to see the analytics of the spike in views the day before each year's AP Macro exam.

[chronobeats]

Exam in 30 mins, currently watching at x2 speed, let's do this boys.

[meaganbuck]

I’m watching this before my final and this 30 minute video has taught me more than my professor all semester. Thank you very informational and you explain it very well!

[adamcarroll]

Good luck to everyone taking the test tomorrow

[camillej]

Sup squad. Exam is in less than two hours 🤪 this man saved my grade last semester, hoping he manifests a three for me now

[katsaravanan]

it's 8:48 AM and i'm cramming for my exam at 12- thank god for mr clifford dude. Good luck to anyone else who has the AP exam today

[rpheus]

26:05 He switched up the Trade Surplus and Deficit by accident. Be careful.

[qzcE]

who's here in 2019 before AP MACRO?

[agnipapadimitriou]

I am a lawyer doing an MBA and I passed my econ class only thanks to you!! I have never had econ before in my life and I can't thank you enough for your videos!