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Understanding Economic Fluctuations | Macroeconomics
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Let's take a look at economic fluctuations within a model of aggregate demand and supply. We'll learn about what they are (using fluctuations in GDP, like expansions and recessions, as examples), delve into the irregularity of economic fluctuations, and then discuss the macroeconomic modeling of economic fluctuations.
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00:00 Intro
00:33 What are economic fluctuations?
02:49 The irregularity of economic fluctuations
04:09 Modeling framework
06:06 Market equilibrium
07:08 Common mistakes
07:40 Exercise
08:39 Recap
About Chegg:
Chegg is a leading education technology company that provides students with affordable and accessible study resources. Chegg's mission is to help students save time, save money and get smarter.
00:00 Intro
00:33 What are economic fluctuations?
02:49 The irregularity of economic fluctuations
04:09 Modeling framework
06:06 Market equilibrium
07:08 Common mistakes
07:40 Exercise
08:39 Recap
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