Lecture 20: Economic Growth
This lecture by Prof. Krassimir Petrov talks about economic growth. It starts the discussion about how credit can be increased and then moves on to the topic of growth that happens when consumers and businesses lower their time preferences.
LESSONS
- Lecture 1: Macroeconomics Vs. Microeconomics, and Economic Modelling
- Lecture 2: What is Macroeconomics and What Macroeconomists Do?
- Lecture 4: Savings and Wealth
- Lecture 5: Interest Rates, Production Function, Employment
- Lecture 6: Monetary Economics
- Lecture 7: Demand, Supply and Equilibrium
- Lecture 8: Money, Economic Growth and Inflation
- Lecture 9: Supply of Money and Concept of Inflation
- Lecture 10: Factors Determining Money Demand
- Lecture 11: Introduction to Commercial Banking
- Lecture 12: Deposit Banking
- Lecture 13: Credit Expansion, Bank Runs, and Deposit Drains
- Lecture 14: Introduction to Central Banking
- Lecture 15: Tools of Monetary Policy
- Lecture 16: Credit Expansion, Government Deficits, and Debt Monetization
- Lecture 17: Negative Effects of Inflation
- Lecture 18: Effects of Inflation, Production and Capital
- Lecture 19: Capital and Production, and How Saving and Interest Drive Consumption
- Lecture 20: Economic Growth
- Lecture 21: Business Cycles - Part 1
- Lecture 22: Business Cycles - Part 2
- Lecture 23: Business Cycles - Part 3
- Lecture 24: Business Cycles - Part 4
- Lecture 25: Fiscal Policy
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