The most comprehensive educational resources for finance

Lecture 10: Factors Determining Money Demand

This lecture discusses the factors determining Money Demand: (1) supply of goods and services, (2) clearing systems, (3) frequency of payments, (4) confidence in money, ands (5) inflationary expectations. Hyperinflation.

Free Book: Mystery of Banking

Talk about great timing. Rothbard’s extraordinary book unravels the mystery of banking: what is legitimate enterprise and what is a government-backed shell game that can’t last. His explanation is clear enough for anyone to follow and yet precise and rigorous enough to be the best textbook for college classes on the topic. This is because

Lecture 7: Demand, Supply and Equilibrium

This lecture covers the basics of demand, supply, and equilibrium. Not surprisingly, the stuff is the same as the neoclassical. The lecture draws from the book Mystery of Banking.

Lecture 6: Monetary Economics

This lecture explains the origins and properties of money. This is the first of a dozen lectures on monetary economics. The lecture draws from the book Mystery of Banking.

Lecture 5: Interest Rates, Production Function, Employment

This is the fourth lecture in a university course at the American University in Bulgaria in introductory macroeconomics. It covers the concepts of interest rates, production function, and employment from Bernanke’s Macroeconomics textbook.

Lecture 4: Savings and Wealth

This is the fourth lecture in a university course at the American University in Bulgaria in introductory macroeconomics. It covers unit 2.3 and 2.5 of Bernanke’s “Macroeconomics” textbook and discussed the concept of Savings and Wealth.

Lecture 3: Gross Domestic Product (GDP)

This is the third lecture in a university course at the American University in Bulgaria in introductory macroeconomics. The lecture focuses on Gross Domestic Product and the Product, Income, and Expenditure Approaches to measuring GDP.

Lecture 2: What is Macroeconomics and What Macroeconomists Do?

The second lecture in a university course at the American University in Bulgaria in introductory macroeconomics. Covers Chapter 1 of Bernanke’s “Macroeconomics” textbook, answers the basic questions of what macroeconomics is about, what macroeconomists do, and schools of economic thought