I'm sorry, but macroeconomics is the stupidest class I've ever taken. This video is wonderful, but the class didn't teach me anything important, it was just about easy math and memorizing graphs, i'll forget everything i learned in a month. I refused to study the entire year, just because I didn't want to catch myself working only for the grade...but i watched this because I want to make sure i NEVER have to take this class in college, and it helped, thank you very much!
All of these theories would be true... if, and only if... we were experiencing the ''effenciency of markets''... wich is is absolutly not the case since... the World is full of.... CHEATERS!!!!!!!!
I listened to Robert Kiyosaki's advice on silver: "I believe this is the biggest investment anyone can make in the next 100yrs" I did my research and found an opportunity that has changed my life in 12 months. Take a look like i did.... Visit: goldsave.co/
@seeinstarz23 If you are taking AP Microeconomics then you would only show a price ceiling on a market (supply and demand) graph. Just be sure to put the price ceiling, a horizontal line, below the equilibrium price. PPC's are used to show opportunity costs of producing one good over another good. Not in terms of price, but in terms of the other good sacrificed in production.
Good review. I think I will get the 5 on the exam. Too bad I didn't take Micro, because if I had, I think I would pass it. Good luck everyone, and do not rush yourself. =D
The Fed buys $10 million worth of bonds. If required reserve is .2, whats the maximum change in loans throughout banking system? The answer is $40 million, but why $40 million and not $50 million
@10000lossfan That question popped up on the 2007 FRQ #2 (c). They wanted you to assume that the Fed would buy the securities from a dealer who would then deposit the $10 million in their bank. This $10 million is subject to the 20% reserve requirement. 8 million excess reserves x 5 money multiplier = 40 million. It the question asked for the maximum increase in the total money supply, then $50 million is correct. However, there seems to be some inconsistency in the AP's phrasing of this.
@123sailinggirl All of the graphs in this video should be covered in your Macro course and are fair game on the Macro exam. On the exam, there is greater emphasis on aggregate demand and aggregate supply than market demand and supply. However, you must have a basic understanding of market supply and demand to succeed in economics at any level. Good luck.
wait so for the laffer curve, how is it that at higher tax rates, ppl have less incentive to work? isn't it that the more you get taxed, the more you have work to get income?
man i am slipping out of my economic mind because i took it first semester and forgot a lot of stuff :/
@missyeeann The more you are taxed the less you will want to work, because your efforts are being stripped away. If you were taxed all of your income why work?
@missyeeann think about it. If the more the government tax its people, the less incentive to work. Look at the graph, if the govt tax 100%, people will NOT work, simply because all of their income will go directly to the govt. Therefore, the more the govt tax, the less incentive to work. Sorry if im not clear enough.
the first 4 graps are microeconomic graphs as there is no such thing as simply supply and demand in macroeconomics... its always aggregate supply or aggregate demand..
If you are taking the AP Macroeconomics test in May, then you better understand basic market supply and demand. It is part of the very first unit of the course's curriculum. Additionally, understanding supply and demand at the market level can be helpful in learning the AD/AS model; hence the reason S & D is part of the Macro course.
@8Julius8 Eventually the end of the curve drafted by A.W. Phillips would intersect the axis at a high level of unemployment. However, an oversimplified sketch like this one would be good enough for the AP Macro exam.
It is true that an individual PPC represents an economy's potential given a fixed set of resources and full employment. However, the two ways that the College Board wants students to illustrate economic growth are through a rightward shift of the PPC and a rightward shift of the Long Run Aggregate Supply (Full Employment). A rightward shift of AD can bring an economy to its full employment state, but only if the economy is in recession, generally a short run function of the AD/AS Model.
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sleepinxonxbed 1 month ago
Thanks so much. I have a Macro mid year exam tomorrow and hopefully this will help me not do as bad.
pthwach 1 month ago
This helped alot thanks:)
i just finished my homework in 10 minutes
gamerchicktemperz 1 month ago
This has been flagged as spam show
you're awesome, this is a huge help
itachisgothicemogirl 2 months ago
you're awesome, this is a huge help
itachisgothicemogirl 2 months ago
this is amazing! especially MrMedico.info!
DebbieChongo 2 months ago
Oh, and thanks for this video!
derpityherpderpherp 2 months ago
The only thing worse than Macro for underclassmen is probably Chem 2 at the university level.
derpityherpderpherp 2 months ago
This has been flagged as spam show
nice vid, i used this and the Macroeconomics Guide app on my iPhone for only $0.99 and now I'm acing my econ course
jakesmith330 3 months ago
Econ is a very hard subject for me and this is really going to help thanks. Hardest class I have ever taken
Musicfreaklolduh 3 months ago
is there an app for android?
dongnguyen251 5 months ago
@dongnguyen251 Not yet. Hopefully, the company will get the apps on the android store ASAP.
medicotube 5 months ago
That music is very distracting
mitroska08 5 months ago 2
@mitroska08 Then turn down/off the volume and play your favorite music over it.
medicotube 5 months ago 4
thxxxx you just saved my butt for the exams!!
fluffyangelzx 6 months ago
May i know how will the Savings and investment graph looks like if i/r is 0?
thlastwish 6 months ago
lets jam ecoz
pedromzileni 8 months ago
I had to freeze the video every 10 seconds...lol
IPawnt 9 months ago 23
Let's do this. Haha
bballaman92 9 months ago
This is tremendously useful.
Satiricalfella 9 months ago
My AP for both Micro and Macroeconomics is tommorow. I Pray for my 5!
mangostenmaster 9 months ago
@mangostenmaster haha me too
Livolenik 9 months ago
I'm sorry, but macroeconomics is the stupidest class I've ever taken. This video is wonderful, but the class didn't teach me anything important, it was just about easy math and memorizing graphs, i'll forget everything i learned in a month. I refused to study the entire year, just because I didn't want to catch myself working only for the grade...but i watched this because I want to make sure i NEVER have to take this class in college, and it helped, thank you very much!
thefinalb0ss 9 months ago
You're my hero.
Licitate 9 months ago
the slide are way too fast
jlbyrne10 9 months ago
@jlbyrne10 then pause the video.
bdrssxer 9 months ago
@bdrssxer obviously you can do that- it's called constructive criticism
jlbyrne10 9 months ago
Comment removed
bdrssxer 9 months ago
omg! you are a life saver!
xojerseygrlxo 9 months ago
Thanks! This is really helpful! I'm taking both Macro and Micro, so it helps. A LOT! :)
Pikastache 10 months ago
Thanks! Now we just need one for Micro
Kate173y 10 months ago
@Kate173y Done!
medicotube 10 months ago 3
Aggregate expenditures isn't on the test anymore, right?
applekiwibanana 10 months ago
omg i lov eyou for posting this it really helped!
Sarahnasser09 1 year ago
This was extremely helpful!!! Thank you!!!:)
SmartNAthletic 1 year ago
All of these theories would be true... if, and only if... we were experiencing the ''effenciency of markets''... wich is is absolutly not the case since... the World is full of.... CHEATERS!!!!!!!!
VederchiHarry 1 year ago
@VederchiHarry Yes, but defined would be the gray and black markets of economy. Greetings!!!
quebestiadecarro 1 year ago
This song is horrible... No regard to musical theory whatsoever. But these graphs are a huge help, thanks for putting this up
TheKoreanX 1 year ago
This has been flagged as spam show
I listened to Robert Kiyosaki's advice on silver: "I believe this is the biggest investment anyone can make in the next 100yrs" I did my research and found an opportunity that has changed my life in 12 months. Take a look like i did.... Visit: goldsave.co/
Efficacious24 1 year ago
MAN.... Thanks a million. Even though i haven't finish the video but i really think this is useful for my exam tmr. Thanks so much Medicotube
minhmeo1209 1 year ago
what song is this??????
DaWanderer 1 year ago
How do you show an imposed price ceiling on a PPC curve?
seeinstarz23 1 year ago
@seeinstarz23 If you are taking AP Microeconomics then you would only show a price ceiling on a market (supply and demand) graph. Just be sure to put the price ceiling, a horizontal line, below the equilibrium price. PPC's are used to show opportunity costs of producing one good over another good. Not in terms of price, but in terms of the other good sacrificed in production.
medicotube 1 year ago
How do you show an imposed price ceiling on a PPC curve? Can't you only show it on a supply and demand diagram?
seeinstarz23 1 year ago
This has been flagged as spam show
which graphs are for macro only? i am taking macroeconomics, not micro.
123sailinggirl 1 year ago
which graphs are for macro only? i am taking macroeconomics, not micro.
123sailinggirl 1 year ago
brings me back to 2000
surrealnumber 1 year ago
Wow! very comprehensive!
It's really everything that i need to know!
Thanks! XDDD
mikahebat 1 year ago
wow thanks so much for this!!! really helped!
xoxosoxrox 1 year ago
thanks man! this helped a lot! that five is mine!
pu11nk373 1 year ago
Thanks for the video (it was a great refresher!) and good luck to everyone taking the exam tomorrow.
Age0Kings 1 year ago
o man i really need the luck...=`[
DaLichKing77 1 year ago
Good review. I think I will get the 5 on the exam. Too bad I didn't take Micro, because if I had, I think I would pass it. Good luck everyone, and do not rush yourself. =D
kldini 1 year ago
I second what medicotube said.... Good luck tomorrow everybody!
jascrew 1 year ago
Good luck on the exams tomorrow!
medicotube 1 year ago
The Fed buys $10 million worth of bonds. If required reserve is .2, whats the maximum change in loans throughout banking system? The answer is $40 million, but why $40 million and not $50 million
10000lossfan 1 year ago
@10000lossfan That question popped up on the 2007 FRQ #2 (c). They wanted you to assume that the Fed would buy the securities from a dealer who would then deposit the $10 million in their bank. This $10 million is subject to the 20% reserve requirement. 8 million excess reserves x 5 money multiplier = 40 million. It the question asked for the maximum increase in the total money supply, then $50 million is correct. However, there seems to be some inconsistency in the AP's phrasing of this.
medicotube 1 year ago
Thanks so much for the video, pumped for my exam tomorrow!
mariamxkhan 1 year ago
This is micro and macro not only macro
evanwang24 1 year ago
@evanwang24 Supply and Demand is part of the first unit of Macro and Micro.
medicotube 1 year ago
@medicotube which ones are for macro? i am not taking micro. thanks
123sailinggirl 1 year ago
@123sailinggirl All of the graphs in this video should be covered in your Macro course and are fair game on the Macro exam. On the exam, there is greater emphasis on aggregate demand and aggregate supply than market demand and supply. However, you must have a basic understanding of market supply and demand to succeed in economics at any level. Good luck.
medicotube 1 year ago
This has got to be the most useful graph on Youtube.
It will help me get an A on MACRO exam :)
davexpx 1 year ago
wait so for the laffer curve, how is it that at higher tax rates, ppl have less incentive to work? isn't it that the more you get taxed, the more you have work to get income?
man i am slipping out of my economic mind because i took it first semester and forgot a lot of stuff :/
missyeeann 1 year ago
@missyeeann The more you are taxed the less you will want to work, because your efforts are being stripped away. If you were taxed all of your income why work?
Letemknow33 1 year ago
@missyeeann think about it. If the more the government tax its people, the less incentive to work. Look at the graph, if the govt tax 100%, people will NOT work, simply because all of their income will go directly to the govt. Therefore, the more the govt tax, the less incentive to work. Sorry if im not clear enough.
Good luck.
iZekProductions 1 year ago
@iZekProductions thank you so much! it makes sense now :)
missyeeann 1 year ago
@missyeeann no problem.
iZekProductions 1 year ago
Haha.. I made a 97 in APME.. Guess that means I made 102 =P
Lawyer2Junkie 1 year ago
thx
abb21a 1 year ago
everybody ready for thursday? :D
branflakes325 1 year ago 2
@branflakes325 god no.
mattiieeeee 1 year ago
these graphs move by way too fast.
davidh32006 1 year ago
@davidh32006 theres a pause button ;)
DjLukman 1 year ago
Thisis one of the best ap revision graphs I have ever seen
naderhabib91 1 year ago
words can't describe how much i hate this class, but this was very helpful thank you
brownsfan6 1 year ago
Thanks, this helped a bunch.
Kileagle 1 year ago
hehe Die sind genau,was ich in der High school gelernt hatte。
jasonissober 1 year ago
@jasonissober haha...Erinnern Sie sich an alle Schaubilder?
medicotube 1 year ago
Comment removed
jasonissober 1 year ago
This has been flagged as spam show
@medicotube natuerlich nicht.Damals war ich eine sehr junge, reine, jungfrau | o |
wieso kannst du deutsch sprechen
jasonissober 1 year ago
@medicotube thank you very much for this video :)
EcFXSN1P3RX 1 year ago
Thank you for uploading this -- extremely helpful!
TSfan94 1 year ago
the first 4 graps are microeconomic graphs as there is no such thing as simply supply and demand in macroeconomics... its always aggregate supply or aggregate demand..
alettelove 1 year ago
If you are taking the AP Macroeconomics test in May, then you better understand basic market supply and demand. It is part of the very first unit of the course's curriculum. Additionally, understanding supply and demand at the market level can be helpful in learning the AD/AS model; hence the reason S & D is part of the Macro course.
medicotube 1 year ago
thanks so much for this!
partyallthetime13 1 year ago
This video is awesome, innovative teaching style.
Some of the reviews are too harsh, these graphs needed to be simple! Thank you, I am a visual learner.
VJHoop 2 years ago
philips curve is wrong.... the curve end below the X axis
8Julius8 2 years ago
@8Julius8 Eventually the end of the curve drafted by A.W. Phillips would intersect the axis at a high level of unemployment. However, an oversimplified sketch like this one would be good enough for the AP Macro exam.
medicotube 2 years ago
@8Julius8 yea so stfu julius
soxfan992 1 year ago
Thanks, this is very helpful
sunsh4ped 2 years ago
Thanks so much! I need this =)
ena1490 2 years ago
the graph at 0:23 represents potential growth. Economic growth is represented by a rightward shift of the aggregate demand curve.
richny 2 years ago
It is true that an individual PPC represents an economy's potential given a fixed set of resources and full employment. However, the two ways that the College Board wants students to illustrate economic growth are through a rightward shift of the PPC and a rightward shift of the Long Run Aggregate Supply (Full Employment). A rightward shift of AD can bring an economy to its full employment state, but only if the economy is in recession, generally a short run function of the AD/AS Model.
medicotube 2 years ago
thanks for the video...
good review during winter break.
do you have any videos anywhere else by anychance?
EcFXSN1P3RX 2 years ago
Thanks.
MetalBassjunkie420 2 years ago
Thank you so much for this video!!!! It made me understand what i could not understand on my Macro class!!!! I'm so thrilled!!!!
fofaomagico 2 years ago
Me Too =)
MetalBassjunkie420 2 years ago