Ch 8: Macroeconomic Equilibrium: Homework Help

About This Chapter

The Macroeconomic Equilibrium chapter of this College-Level Principles of Macroeconomics Homework Help course helps students complete their macroeconomic equilibrium homework and earn better grades. This homework help resource uses simple and fun videos that are about five minutes long.

How it works:

  • Identify which concepts are covered on your macroeconomic equilibrium homework.
  • Find videos on those topics within this chapter.
  • Watch fun videos, pausing and reviewing as needed.
  • Complete sample questions and get instant feedback.
  • Finish your macroeconomic equilibrium homework with ease!

Topics from your homework you'll be able to complete:

  • Real output, price level and the real gross domestic product
  • Full employment gross domestic product
  • The business cycle
  • Recession vs. depression

7 Lessons in Chapter 8: Macroeconomic Equilibrium: Homework Help
Test your knowledge with a 30-question chapter practice test
Real Output, Price Level and the Real Gross Domestic Product

1. Real Output, Price Level and the Real Gross Domestic Product

GDP is an important economic indicator, and it must be understood to be analyzed. In this lesson, you'll learn how price levels impact output and GDP and how real GDP can be calculated.

Full Employment GDP: Definition and Examples

2. Full Employment GDP: Definition and Examples

In this lesson, you'll learn about an economy that is in balance. The full employment level of GDP is when economic output is at its highest sustainable level, when unemployment is at its most efficient level and when inflation is neither rising nor falling.

The Business Cycle: Economic Performance Over Time

3. The Business Cycle: Economic Performance Over Time

Learn the economic terms that describe economic performance over time and how indicators such as unemployment and inflation behave throughout these economic fluctuations.

Recession vs. Depression: Definitions and Differentiation

4. Recession vs. Depression: Definitions and Differentiation

Discover the real differences between recession and depression, including how economists actually define the two terms and when they have happened in the past.

What is Economic Policy? - Definition & Examples

5. What is Economic Policy? - Definition & Examples

In this lesson, we will discuss the term economic policy. We'll then look at the functions of economic policy, as well as the goals government use when implementing policy.

What is Economic Growth? - Definition, Theory & Impact

6. What is Economic Growth? - Definition, Theory & Impact

How do we measure and explain economic growth? This lesson will go through the various theories of economic growth which all try to explain how a country continues to increase production.

Macroeconomic Equilibrium: Definition, Short Run & Long Run

7. Macroeconomic Equilibrium: Definition, Short Run & Long Run

This lesson will take a look at what happens to an economy at equilibrium in the short run and the long run. We'll take a look at some graphs of recessionary and inflationary gaps, and discuss what producers do in reaction to economic changes.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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