Skip to main content
Back

Macroeconomics Midterm 2 Review – Step-by-Step Study Guidance

Study Guide - Learn with Videos

Curated lessons matched to your uploaded material – learn every topic step by step.

Growth Rates and the Rule of 70

Investment, Savings, and the Financial System

Long-Run Economic Growth

Productivity and the Per-Worker Production Function

Institutions that Promote Economic Growth

Aggregate Demand

Long Run Aggregate Supply

Short Run Aggregate Supply

Shifting Short Run Aggregate Supply

AD-AS Model: Shifts in Aggregate Demand

AD-AS Model: Equilibrium in the Short Run and Long Run

The Functions of Money; The Kinds of Money

Defining the Money Supply: M1 and M2

Required Reserves and the Deposit Multiplier

Introduction to the Federal Reserve

The Federal Reserve and the Money Supply

Monetary Policy and Aggregate Demand

Expansionary and Contractionary Monetary Policy

Introduction to Fiscal Policy

Expansionary and Contractionary Fiscal Policy

Government Purchases and the Multiplier Effect

Taxes, the Multiplier Effect, and Automatic Stabilizers