TAILIEUCHUNG - Lecture Macroeconomics - Chapter 7: Introduction to economic growth and fluctuations

Chapter 7 introduction to economic growth and fluctuations. In this chapter you will learn: The definition and causes of economic growth, the nature and cause of the business cycle, the nature of unemployment and its measurement, the definition of inflation and how it is measured, the redistribution effects of inflation the output effects of inflation. | Introduction to Economic Growth & Fluctuations Chapter 7 SLIDES PREPARED BY JUDITH SKUCE, GEORGIAN COLLEGE In this chapter you will learn The definition and causes of economic growth The nature and cause of the business cycle The nature of unemployment and its measurement The definition of inflation and how it is measured The redistribution effects of inflation The output effects of inflation Chapter 7 Topics Economic Growth The Business Cycle Unemployment Inflation Redistribution Effects of Inflation Effects of Inflation on Output Economic Growth an increase in real GDP over some time period, OR an increase in real GDP per capita over some time period Economic Growth Growth as a Goal Arithmetic of Growth Main Sources of Growth Growth in Canada improved products & services added leisure other impacts Relative Growth Rates Chapter 7 Topics Economic Growth The Business Cycle Unemployment Inflation Redistribution Effects of Inflation Effects of Inflation on Output Phases of the business

• Kinh tế học
• Macroeconomic activity
• Lecture Macroeconomics
• Macroeconomic environment
• Financial system
• Economic growth
• Business cycle
• Macroeconomic adjustments
• Method of economics
• Nature of economics
• Macroeconomic policy
• Macroeconomic
• Theoretical Model
• publication
• transmitted
• electronic
• mechanical
• photocopy
• Economic problem
• Foundation of economics
• Individual markets
• Market equilibrium
• Market system
• Canadian economy
• Global economy
• International trade
• Measuring domestic output
• Income approach
• Aggregate expenditures model
• Equilibrium GDP
• Aggregate demand
• Aggregate supply
• Fiscal policy
• Legislative mandates
• Public debt
• Budget philosophies
• Canadian financial system
• Functions of money
• Balance sheet
• Chartered bank
• Monetary policy
• Bank of Canada
• New economy
• Trade barriers
• Exchange rates
• Balance of payments
• Economic models
• Functional notation