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Ch 8: Macroeconomic Equilibrium: Tutoring Solution

About This Chapter

The Macroeconomic Equilibrium chapter of this College Macroeconomics Tutoring Solution is a flexible and affordable path to learning about macroeconomic equilibrium. These simple and fun video lessons are each about five minutes long and they teach all of the macroeconomic equilibrium operations required in a typical college macroeconomics course.

How it works:

  • Begin your assignment or other macroeconomics work.
  • Identify the macroeconomic equilibrium concepts that you're stuck on.
  • Find fun videos on the topics you need to understand.
  • Press play, watch and learn!
  • Complete the quizzes to test your understanding.
  • As needed, submit a question to one of our instructors for personalized support.

Who's it for?

This chapter of our college macroeconomics tutoring solution will benefit any student who is trying to learn about macroeconomic equilibrium and earn better grades. This resource can help students including those who:

  • Struggle with understanding real output, real GDP, full-employment GDP, the business cycle, recession, depression or any other macroeconomic equilibrium topic
  • Have limited time for studying
  • Want a cost effective way to supplement their economics learning
  • Prefer learning economics visually
  • Find themselves failing or close to failing their macroeconomic equilibrium unit
  • Cope with ADD or ADHD
  • Want to get ahead in macroeconomics
  • Don't have access to their economics teacher outside of class

Why it works:

  • Engaging Tutors: We make learning about macroeconomic equilibrium simple and fun.
  • Cost Efficient: For less than 20% of the cost of a private tutor, you'll have unlimited access 24/7.
  • Consistent High Quality: Unlike a live economics tutor, these video lessons are thoroughly reviewed.
  • Convenient: Imagine a tutor as portable as your laptop, tablet or smartphone. Learn about macroeconomic equilibrium on the go!
  • Learn at Your Pace: You can pause and rewatch lessons as often as you'd like, until you master the material.

Learning Objectives

  • Calculate real GDP using the GDP deflator.
  • Define full employment GDP.
  • Use the business cycle concept to explain economic performance over time.
  • Compare and contrast recessions and depressions.

7 Lessons in Chapter 8: Macroeconomic Equilibrium: Tutoring Solution
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 the Census? - Definition & Purpose

5. What is the Census? - Definition & Purpose

In this lesson, we will explain what the census is. We will then look at the purpose of the census and see who participates in it. The lesson will wrap up with a conclusion and a quiz.

What is Econometrics? - Definition, Principles & Models

6. What is Econometrics? - Definition, Principles & Models

In this lesson we will define econometrics, identify its uses, and explain some basic formulas used to create models. We will also explore the range of uses for econometric models.

Plowback Ratio in Finance: Definition & Formula

7. Plowback Ratio in Finance: Definition & Formula

In this lesson, you will learn the definition and formula of the plowback ratio, also known as the retention ratio. We will work through some examples and discuss some reasons companies reinvest earnings versus paying dividends.

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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