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Equilibrium output and Trade Balance
Lesson 52 of 54 • 17 upvotes • 12:55mins
Vignesh Rajasekaran
This lesson deals with what is trade balance and what is Equilibrium output in an open economy. It also deals with how the equations are derived to calculate the Equilibrium output values. I have also explained how the graph works.
Introduction to Macroeconomics - NCERT Class 12
54 lessons • 9h 20m
1
Overview
9:04mins
2
What is Macroeconomics and What is Representative Goods System?
12:58mins
3
Challenges of Representative Goods System and Market Mechanism
14:11mins
4
Components of Market Mechanism
9:34mins
5
What is National Income and Types of Goods
14:05mins
6
What is Stock and Flow?
7:15mins
7
Capital Goods and Depreciation
14:12mins
8
A Simple Economy Model
9:56mins
9
National income Calculation: Product or Value added method
14:42mins
10
National Income Calculation: Expenditure Method
11:54mins
11
National income Calculation: Income method
9:14mins
12
Personal Disposable Income
13:36mins
13
GDP calculation and Price indices
12:33mins
14
What is money and what are all the functions of Money?
14:39mins
15
Motive for Holding Money: Transaction Motive
12:31mins
16
Motive for Holding Money: Speculative motive
9:21mins
17
Capital Loss, Opportunity cost and Liquidity trap
13:29mins
18
Money Supply and Types of Money
11:44mins
19
Influence on Money Supply: RDR and CDR
14:49mins
20
Money Multiplier and Convergent process
12:20mins
21
Multiplier Process and Increase in Money Supply
5:43mins
22
Bank run, Role of RBI and Government
9:19mins
23
Sterilisation Function of RBI
6:38mins
24
Income determination- Ex Ante and Ex Post Consumption
11:59mins
25
Ex-ante investment and Ex-ante aggregate demand for final goods
10:17mins
26
How to read a graph?
7:07mins
27
Short run Fixed Price analysis on Product Market
9:06mins
28
Point on Aggregate Demand Curve
10:55mins
29
Effect of Autonomous Change on Equilibrium Demand in Product Market
7:53mins
30
Multiplier Mechanism in Demand-Supply Curve
7:50mins
31
Paradox of Thrift
11:47mins
32
Functions of Government
7:30mins
33
Public and Private Goods
6:20mins
34
Government Budget
7:41mins
35
Capital Budget
9:35mins
36
Measures of Government Deficit
8:53mins
37
Fiscal Policy
11:14mins
38
Effects of Change in Government Expenditure
5:54mins
39
Effects of Change in Taxation
6:13mins
40
Difference between Expenditure and Taxation Multpliers
6:25mins
41
Case of Proportional Taxes
13:25mins
42
Transfers and Debt
9:29mins
43
Ricardian Equivalence
6:40mins
44
Perspective of Deficit and Debt
7:37mins
45
Introduction to Open Economy
12:52mins
46
Balance of Payments
11:43mins
47
Foreign Exchange Market
10:16mins
48
Determination of Foreign Exchange rate - I
13:54mins
49
Determination of Foreign Exchange rate - II
12:48mins
50
Fixed Exchange Rate
10:37mins
51
National Income Identity in an Open Economy
11:45mins
52
Equilibrium output and Trade Balance
12:55mins
53
Interdependence of nations in an Open Economy
8:31mins
54
Is Trade Deficit a bad thing??
7:34mins
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