Introduction to Macroeconomics: What Is It?
This is the first lecture that gives an introduction of Macroeconomics and answers what is Macroeconomics. This is the series on the Basics of Macroeconomics. In this lecture we talked briefly about Macroeconomics and its major issues such as Unemployment, Inflation and GDP.
00:00 Introduction to Basic Macroeconomics
02:47 What is Unemployment. Unemployment rate
08:08 What is Inflation
13:37 GDP or Gross Domestic Product
16:17 Nominal GDP vs Real GDP
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L1: Introduction to Macroeconomics: What Is It?
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