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OER Resources

OER Resources

48 articles

Unit 1: Basic Economic Concepts

Topic 1.1: Scarcity

Topic 1.2: Opportunity Cost and the Production Possibilities Curve (PPC)

Topic 1.3: Comparative Advantage and Gains from Trade

Topic 1.4: Demand

Topic 1.5: Supply

Topic 1.6: Market Equilibrium, Disequilibrium, and Changes in Equilibrium

Unit 2: Economic Indicators and the Business Cycle

Topic 2.1: The Circular Flow and GDP

Topic 2.2: The Limitations of GDP

Topic 2.3: Unemployment

Topic 2.4: Price Indices and Inflation

Topic 2.5: Cost of Inflation

Topic 2.6: Real vs. Nominal GDP

Topic 2.7: Business Cycles

Unit 3: National Income and Price Determination

Topic 3.1: Aggregate Demand (AD)

Topic 3.2: Multipliers

Topic 3.3: Short-Run Aggregate Supply (SRAS)

Topic 3.4: Long-Run Aggregate Supply (LRAS)

Topic 3.5: Equilibrium in the AD-AS Model

Topic 3.6: Changes in the AD-AS Model in the Short Run

Topic 3.7: Long-Run Self-Adjustment

Topic 3.8: Fiscal Policy

Topic 3.9: Automatic Stabilizers

Unit 4: Financial Sector

Topic 4.1: Financial Assets

Topic 4.2: Nominal vs. Real Interest Rates

Topic 4.3: Definition, Measurement, and Functions of Money

Topic 4.5: The Money Market

Topic 4.4: Banking and the Expansion of the Money Supply

Topic 4.6: Monetary Policy

Topic 4.7: The Loanable Funds Market

Unit 5: Long-Run Consequences of Stabalization Policies

Topic 5.1: Fiscal and Monetary Policy Actions in the Short Run

Topic 5.2: The Phillips Curve

Topic 5.3: Money Growth and Inflation

Topic 5.4: Government Deficits and the National Debt

Topic 5.5: Crowding Out

Topic 5.6: Economic Growth

Topic 5.7: Public Policy and Economic Growth

Unit 6: Open Economy—International Trade and Finance

Topic 6.1: Balance of Payments Accounts

Topic 6.2: Exchange Rates

Topic 6.3: The Foreign Exchange Market

Topic 6.4: Change Affects the Foreign Exchange Market

Topic 6.5: Changes in the Foreign Exchange Market and Net Exports

Topic 6.6: Real Interest Rates and International Capital Flows