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Interdependence of nations in an Open Economy
Lesson 53 of 54 • 15 upvotes • 8:31mins
Vignesh Rajasekaran
This lesson deals with the interdependence between different countries in an Open economy and how a small change in one country is affecting the domestic economy of another country.
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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