Principles of Macroeconomics 213

Introiuctinary lecture on Macroeconomics on the topics os: Standard of living, GDP, GDP per capita, Defining and Measuring Inflation, Disinflation, Deflation, CPI- Consumer Price Index, PPI- Produced Price Index, GDP Chain, PCE-Personal Consumption Expenditure Index, Real Vs. Nominal Interest Rates, Consequences & Causes of Inflation, ‘Demand-Pull’ inflation, • ‘Cost-Push’ inflation, Unemployment, Labor Force Participation Rate, Unemployment Rate: U-rate, and Civilian Labor Force. ...

Lecture notes based on the basic terms of macroeconomy, on topics such as: Expansion, Peak, Contraction (Recession), Trough, Gross Domestic Product (GDP), Recession Prediction Methods, NIPA- National Income and Product Accounts, Expenditure (Spending) Approach, Consumption Spending, Investment Spending, Government Spending, Net Exports.

Study Guide covering in great detail the following topics: Supply and Demand, Market Equilibrium, Welfare Economics, Producer Surplus, Consumer Surplus, Business Cycles, Gross Domestic Product GDP, Gross National Product (GNP), Expenditure Approach, Inflation, CPI- Consumer Price Index, PPI- Produced Price Index, GDP Chain, PCE-Personal Consumption Expenditure Index, Unemployment, and Unemployment Rate.