Financial Assets and Money- Macro 4.1 and 4.3

Hey macroeconomics students! In this video I explain the three functions of money, how economists classify money, the difference between stocks and bonds, and the relationship between interest rates and bond prices. I know it’s heavy on vocabulary, but there will be plenty of opportunities to draw graphs and make calculations later in this unit. Thanks for watching!

[JacobAClifford]

The answers to the practice multiple-choice questions are below. Just click on "Read more".



1. A
2. D
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[emellybatista]

Currently watching your video while my teacher is “teaching” in our online AP Micro class.... thank you so much.

[julianeagleplaton]

Pro tip for 2023 AP Macro Exam: Savings Deposits are now in M1 to reflect the Fed's reclassification in 2020.

[kushalsigdel]

Your lessons helped me a lot in my a-levels. Currently studying economics in college but just wanted to say thank you. I got an A* on it too. Thank you again <3

[lilawhite]

Even though my economics class is over, these videos are still excellent to watch. It's amazing how much I learn in just a few minutes. Economics is truly fascinating.

[thatguynamedjoe]

I have a AP Macro test tomorrow over unit 4 and I found this video very helpful. Thanks a lot.

[debby]

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[leopard]

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[acanyeg]

The only teacher I'm watching in my free time, love you Mr Clifford!

[Dimdumsam]

Currently studying IB SL Econ, hope you assisted me on getting a 7 for my market failure paper 1 today :)

[BH_Restorative_fitness]

Finished economics and I’m still watching your videos. Thanks for the A’s

[thememorystorage]

I've been watching nearly all of your macro video for the test >< thankiu soooo much because those videos really made my life easier 👉👈

[andrewshrock]

Good job. Thanks for the education J Money.

[humphet]

been watching you for years. came by to check on unit 4, and it's great to see you've updated a lot of content. thanks! i'll share all the time

[surbhimantri]

Thanks, Mr. Clifford for making these free awesome vides :)

[JJ-kizf]

I learned more from this than from my teacher's 2-hour lesson

[shkz]

You're awesome man! Started watching your channel today for my board exams. Much love!!

[matthewy]

Hey Mr. Cliffords no means to rush you but I have a midterm in 1 day and hopefully you update more of these videos soon(to the modern version I mean) But they will always be useful for finals !
Thanks again!

[Paul-kyij]

Thank you, you are going to save my AP Exam!

[nyvrah]

Write a short paragraph on what you think the legacy is of Walter Williams on economics. What was his philosophy about the free market and property?