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Ch 39: Macroeconomics & Fiscal Policies

About This Chapter

To study more information about macroeconomics and fiscal policies, watch the lessons in this chapter. When you are finished, you can take self-assessment quizzes to check your knowledge of the material.

Macroeconomics & Fiscal Policies- Chapter Summary

You can learn a lot about macroeconomics and fiscal policies with the help of the lessons in this chapter. Our brief, yet descriptive, lessons were specially designed to provide you with information related to:

  • The flow of economic activity
  • The business cycle
  • Three main tools used to analyze the fiscal policy
  • Relationships between monetary policy and high economic output
  • Tactics for handling an overheating economy

This chapter's lessons are short and engaging, allowing you to absorb the material in a fast and effective way. There are timelines with the video lessons that help you to skip around to areas of the lesson you would like to concentrate on more. The transcripts are complete with terms and phrases in bold for emphasis. You can assess your knowledge with short lesson quizzes and a final chapter exam.

5 Lessons in Chapter 39: Macroeconomics & Fiscal Policies
Test your knowledge with a 30-question chapter practice test
Circular Flow of Economic Activity: The Flow of Goods, Services & Resources

1. Circular Flow of Economic Activity: The Flow of Goods, Services & Resources

Learn about the simple model used to describe where money goes and what it is exchanged for in a market economy. The circular flow model of economic activity shows you the basic relationships between households, firms and the government.

The Business Cycle: Economic Performance Over Time

2. 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.

Fiscal Policy Tools: Government Spending and Taxes

3. Fiscal Policy Tools: Government Spending and Taxes

Discover the three main tools the government uses to address recessionary and inflationary economies - what economists call fiscal policy. Find out how these tools are used to help the economy in different situations.

Expansionary Monetary Policy: Helping the Economy Grow

4. Expansionary Monetary Policy: Helping the Economy Grow

In this lesson, you'll learn how the central bank helps the economy grow during recessions by increasing the size of the money supply. An overview of the three tools of monetary policy are included as well as the reasons why monetary policy leads to higher economic output.

Contractionary Monetary Policy: Slowing the Economy Down

5. Contractionary Monetary Policy: Slowing the Economy Down

In this lesson, you'll find out more about the central bank's efforts to deal with an overheating economy, what economists call 'contractionary monetary policy.'

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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