20100929+six+lectures+on+depression+economics

20100929+six+lectures+on+depression+economics - Six...

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Unformatted text preview: Six Lectures on Depres- sion Economics Notes for the Fall 2010 Instantiation of Economics 1 at U.C. Berkeley Lecturer: J. Bradford DeLong MW 12-1, + 2 hours section/week Version 0.99 J. Bradford DeLong: Six Lectures on Depression Economics Version 0.99: 9/29/2010 ....................................... 1. The Place of Depression Economics 6 ............................................................................................ What You Will Learn 6 .................................................................................... What Is Macroeconomics? 6 The Parts of Macroeconomics Shifting the Focus to the Economy as a Whole The Importance of Expectations in Macroeconomics .............................................................................. Depression Economics Proper 9 ............ Depression Economics as the Most Important Part of Economics Now 11 ............................................................................................................. Summary 12 .......................................................................................... Test Your Knowledge 13 .............................................. 2. Measuring the Macroeconomy 14 .......................................................................................... What You Will Learn 14 ..................................................................... The Flow of Production and Sales 14 Production Sales How to Keep Track Imports and Exports NIPA Summary ........................................................................... Real and Nominal Magnitudes 17 ........................................................... The Circular Flow of Economic Activity 18 Says Law and the Circular Flow The Components of GDP ............................................................................................................. Summary 21 .......................................................................................... Test Your Knowledge 21 J. Bradford DeLong: Eight Lectures on Depression Economics Version 0.99: 9/24/2010 ....................................... 1. The Place of Depression Economics 6 ............................................................................................ What You Will Learn 6 .................................................................................... What Is Macroeconomics? 6 The Parts of Macroeconomics Shifting the Focus to the Economy as a Whole The Importance of Expectations in Macroeconomics .............................................................................. Depression Economics Proper 9 ............ Depression Economics as the Most Important Part of Economics Now 11 ............................................................................................................. Summary 12 .......................................................................................... Test Your Knowledge 13 .............................................. 2. Measuring the Macroeconomy 14 ..............................................................................................
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20100929+six+lectures+on+depression+economics - Six...

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