Gearing up for a macro final in the next few days and your videos have been so incredibly helpful. Thank you for putting this out there! Very appreciative!
Doesn't really matter, but at 18:00 somewhere you said 80 dollars buys 100 euros. With an exchange rate of 1,2 you'll get 96 euros. A 100 dollars buys 120 euros. Nothing big, but thought I'd mention. The upload was greatly appreciated!
I was wondering about these questions: c. The introduction of a stylish line of Toyotas makes some consumers prefer foreign cares over domestic cars. d. The central bank doubles the money supply. e. New regulations restricting the use of credit cards increase the demand for money.
Exactly! (Well, in defense of textbooks, I actually really like good textbooks. But I take your point. There is good and increasingly great content online now!)
4:00 For more clear Saving is S = Y - C(Y -T) - G S = Y -T - C(Y - T) + T - G S = private saving + public saving Private saving = (Y - T) - C(Y - T) Public saving = T - G
Hi Dan V -- all the questions related to intermediate macro I did, I linked to in the video description (I think there are a lot of questions on this section, so I'm not sure exactly which other question in this section you refer to).
Dear @economicurtis, you have made a great video that has helped me a lot. But you have mentioned several times that you are going to answer the rest of the questions in other videos. Have you uploaded the videos ?
good video, but some confusions though. 1) please mention that while explaining for the r/s between excahnge rate and NX, which country and currency perspective are you talking of while saying of appreciation or depreciation. 2) Also, is there not a J curve relationship between Exchange rate and NX. what will happen in that case ?
Gearing up for a macro final in the next few days and your videos have been so incredibly helpful. Thank you for putting this out there! Very appreciative!
Doesn't really matter, but at 18:00 somewhere you said 80 dollars buys 100 euros. With an exchange rate of 1,2 you'll get 96 euros. A 100 dollars buys 120 euros. Nothing big, but thought I'd mention. The upload was greatly appreciated!
I was wondering about these questions:
c. The introduction of a stylish line of Toyotas makes some consumers prefer foreign cares over domestic cars.
d. The central bank doubles the money supply.
e. New regulations restricting the use of credit cards increase the demand for money.
Exactly! (Well, in defense of textbooks, I actually really like good textbooks. But I take your point. There is good and increasingly great content online now!)
4:00 For more clear
Saving is
S = Y - C(Y -T) - G
S = Y -T - C(Y - T) + T - G
S = private saving + public saving
Private saving = (Y - T) - C(Y - T)
Public saving = T - G
These videos are awesome. Thank you for the time you spent and putting these online, you're very clear with your explanations.
Hi Dan V -- all the questions related to intermediate macro I did, I linked to in the video description (I think there are a lot of questions on this section, so I'm not sure exactly which other question in this section you refer to).
Thanks very much for this very helpful video! Who needs expensive textbooks when there's TH-cam? :)
I think that would just shift the I(r) curve. Use the diagram at 7:00 to think about how shifting I(r) will affect savings and the interest rate.
Thank you Curtis
You are a life saver, thank you so much!! Literally so helpful!
Cool - thanks for the kind words.
Any chance you can upload the next part(s) of the series on small open economy?
Great video!!!! Thanks!!!!
very helpful, did you a video on the other questions in this section?
Nice explanation. Would you tell me what book are your explanation base on. Thank you in advantage,
what is meant by exchange rate going down? depreciation of demestic current right?
Dear @economicurtis, you have made a great video that has helped me a lot. But you have mentioned several times that you are going to answer the rest of the questions in other videos. Have you uploaded the videos ?
good video, but some confusions though.
1) please mention that while explaining for the r/s between excahnge rate and NX, which country and currency perspective are you talking of while saying of appreciation or depreciation.
2) Also, is there not a J curve relationship between Exchange rate and NX. what will happen in that case ?
NX is inversely proportional to the real exchange rate, so as CF goes down, NX also goes down and logically the Real Exchange rate goes up.
Thank you!
What programme do you use to create your diagrams?
Nothing fancy. MS Word was it.
If I were to do it again today, I'd probably just use good docs (which has an easy picture maker)
Oh, and thank you!
Wheres part 2? is there even a part 2?
thanks!
No no no.... thank you!
what
thanks!