Macroeconomics (advanced level) (Alexey Devyatov)

Block 1. Principles of Economics. Key economic indicators

The block addresses the following questions:

  • Ten principles of economic theory.
  • What economists do.
  • Gross domestic product.
  • Real GDP and GDP deflator.
  • Consumer price index and inflation.
  • Unemployment.
  • Interest rates.

Lecture 1.1

Lecture 1.2

Lecture 1.3