Macroeconomics – The Essential Diagrams Series – Part 2

What you'll learn
How to Draw the 12 Essential Macroeconomic Diagrams!
How to Draw The Circular Flow of Income Model
How to Draw The Production Possibilities Curve
How to Draw The Business Cycle Diagram
How to Draw The Neoclassical Aggregate Demand & Aggregate Supply Diagram
How to Draw The Keynesian Aggregate Demand & Aggregate Supply Diagram
How to Draw The Labor Market Diagram
How to Draw Expressing Demand-Deficient (Cyclical) Unemployment on a Diagram
How to Draw The Demand-Pull Inflation Diagram
How to Draw The Cost-Push Inflation Diagram
How to Draw The Economic Growth Diagram
How to Draw The Lorenz Curve
Requirements
A Love of Economics!
An Interest in Learning About How Economists Draw Human Behavior
A Solid Understanding of Basic Macroeconomic Theory Would Be Helpful--But Not Essential
Description
Hey Everyone!The creation of this course comes directly from feedback and suggestions from Udemy students just like you! Thank you so much for checking out this course and for making my courses the highest grossing Economics courses on Udemy. This course, and in fact the entire Essential Diagrams Series, is designed for two types of students. The first are those looking to master the 12 essential diagrams taught in virtually every introductory Macroeconomics course. The second are teachers and students looking for an overview of exactly how on earth you draw human behavior on a diagram. If you are either one of these students, then this course is for you.These essential 12 diagrams are born of the core economic theory taught in Macroeconomics--Aggregate Demand, Aggregate Supply, Macroeconomic Equilibrium, Low Unemployment, Low and Stable Rate of Inflation, Economic Growth, and Equity in the Distribution of Income. These theories are what is behind why governments intervene in the free market using fiscal and monetary policy to keep the economy healthy for all of us. These twelve diagrams are literally pictorial depictions of those human intentions.What are we going to learn? These 12 Essential Macroeconomic diagrams:Foundations of Macroeconomics: The Circular Flow of Income ModelFoundations of Macroeconomics: The Production Possibilities CurveFoundations of Macroeconomics: The Business Cycle DiagramMacroeconomic Equilibrium: The Neoclassical Aggregate Demand & Aggregate Supply Diagram: "The Rule of 10"Macroeconomic Equilibrium: The Keynesian Aggregate Demand & Aggregate Supply Diagram: "The Rule of 9"Low Unemployment: The Labor Market DiagramLow Unemployment: Expressing Demand-Deficient (Cyclical) Unemployment on a DiagramLow and Stable Rate of Inflation: The Demand-Pull Inflation DiagramLow and Stable Rate of Inflation: The Cost-Push Inflation DiagramEconomic Growth: Showing Economic Growth on a DiagramEquity in the Distribution of Income: The Lorenz CurveEquity in the Distribution of Income: The Gini CoefficientImportant point! If you are looking for a comprehensive Macroeconomics course, this course isn't for you! Instead, check out my Macroeconomics: A Comprehensive Economics Course below.Lastly, I teach Economics because it fascinates me because it is the study of human behavior. Economics isn't about data and graphs and problem sets. It is the study of people and their story and their history and the forces of society that we are born into. It provides us with an understanding of ourselves--that is not hyperbole!As a former Peace Corps Volunteer, a graduate of Duke University, and someone who has been fortunate enough to have traveled to over 58 countries around world, you will see how those experiences shape my teachings of Economics.Economics is the study of human behavior; and it is as a result of that behavior that economists have something to put into data charts and diagrams to study. Don't ever forget that!I am looking forward to being a part of your studies! Brad
Overview
Section 1: Welcome to The Essential Diagrams Series- Part 2
Lecture 1 Welcome!
Section 2: The Foundations of Macroeconomics Diagrams
Lecture 2 Foundations of Macroeconomics: The Circular Flow of Income Model
Lecture 3 Foundations of Macroeconomics: Production Possibilities Curve
Lecture 4 Foundations of Macroeconomics: The Business Cycle Diagram
Section 3: The Macroeconomic Equilibrium Diagrams
Lecture 5 The Neoclassical Aggregate Demand & Aggregate Supply Diagram | "The Rule of 10"
Lecture 6 The Keynesian Aggregate Demand & Aggregate Supply Diagram | "The Rule of 9"
Section 4: The Low Unemployment Diagrams
Lecture 7 The Labor Market Diagram
Lecture 8 Expressing Cyclical or Demand Deficient Unemployment on a Diagram
Section 5: The Low and Stable Rate of Inflation Diagrams
Lecture 9 The Demand-Pull Inflation Diagram
Lecture 10 The Cost-Push Inflation Diagram
Section 6: The Economic Growth Diagram
Lecture 11 Showing Economic Growth on a Diagram
Section 7: The Equity in the Distribution of Income Diagrams
Lecture 12 The Lorenz Curve
Lecture 13 The Gini Coefficient
Section 8: Thank you and Good Luck!
Lecture 14 Thank you!
Current Economics Students Looking to Master The Twelve Essential Macroeconomic Diagrams,A Student Headed to an Exam in AP Economics, IB Economics, or Any University Level Introductory Course,A Teacher Looking for New Strategies for Teaching Macroeconomic Diagrams,Students with a Curiosity on How Economics Actually Draw Human Behavior


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