Fiscal & Monetary Policy - Macro Topic 5.1

Поделиться
HTML-код
  • Опубликовано: 27 сен 2024
  • In this video I overview fiscal and monetary policy and how the economy adjust in the long run. Keep in mind that fiscal and monetary policy shift aggregate demand while waiting for the economy to adjust is a shift in aggregate supply. Thanks for watching. Please subscribe.
    Need help? Check out the Ultimate Review Packet for FREE: www.acdcecon.c...

Комментарии • 390

  • @user-df5ii7hp3b
    @user-df5ii7hp3b 7 лет назад +694

    I dropped out of school at 16. Worked full time for 6 years, decided to go back and study which was a massive decision.. I was really struggling to keep up with my lecturer.. to the point I nearly gave up, being able to learn from your videos has given me so much confidence and I'm passing exams.. I cant thank you enough for how much you have helped me, I really appreciate it.

    • @ratankatiyar4213
      @ratankatiyar4213 4 года назад +62

      this is a real motivation for anyone
      keep trying and don't give up

    • @tytyboigaming7610
      @tytyboigaming7610 2 года назад +11

      How you drop out with no grades and manage to get into university

    • @jaylee6176
      @jaylee6176 2 года назад +2

      @@tytyboigaming7610 you can do courses (off grid) and depending on whether or not the Uni allows it you can get into certain Uni courses.

    • @ConscientiousObserver
      @ConscientiousObserver Год назад

      @@tytyboigaming7610 $$

    • @sreethluc7915
      @sreethluc7915 Год назад +1

      I think Now you've had completed ur studies what r u doing now ? Is there any point of studying back ?

  • @laughoutpro9406
    @laughoutpro9406 4 года назад +481

    my attention on the content : 30%
    my attention on his belt : 70%

    • @zalfasalsabila6738
      @zalfasalsabila6738 4 года назад +3

      sameeee o my god haha

    • @ep373
      @ep373 3 года назад +2

      that is a cool belt can't lie

    • @manishadhikari8065
      @manishadhikari8065 2 года назад +1

      Now you said this, I can no more focus on the content

    • @huhhhhhjj4686
      @huhhhhhjj4686 6 месяцев назад +1

      When you see it yoy can't unsee it 😂 are you still alive dude ??

  • @williammilton8208
    @williammilton8208 6 лет назад +1483

    this fake mark cuban saved my life

    • @hellofbsondnsk
      @hellofbsondnsk 5 лет назад +47

      He's like mark cuban mixed with turn-of-the-century al gore

    • @cutiepetutie77
      @cutiepetutie77 5 лет назад +5

      LOL

    • @aleciasunshine
      @aleciasunshine 4 года назад +17

      I was thinking, Man! He looks like Mark Cuban! Lol

    • @headyshotta5777
      @headyshotta5777 4 года назад +9

      Cant unsee 😭😂

    • @jennylifeinusa
      @jennylifeinusa 4 года назад +9

      Oh gosh.That is why I am familiar his face. You are so right! hahaha

  • @jimmybandme
    @jimmybandme 9 лет назад +244

    you are a lifesaver and a hero. thank you so much, you explained in 3 minutes what my lecturer tried to do in maybe 2-3 lectures.

    • @neldino1251
      @neldino1251 2 года назад

      or maybe you weren't listening in the lectures and you resort to these videos to teach yourself content in desperate situations.

    • @jimmybandme
      @jimmybandme 2 года назад +8

      lol at you replying to a 6 year old comment just to be smug.

    • @JussyWussy
      @JussyWussy 2 года назад +1

      @@jimmybandme what the hell is he here for then, the same reason we all are. what a bozo hypocrite he is aye

    • @jimmybandme
      @jimmybandme 2 года назад +2

      @@JussyWussy lmao right. jokes on him i graduated with my economics degree 4 years ago - if it works it works :)

    • @zhiyingcatherinezhao8387
      @zhiyingcatherinezhao8387 Год назад +2

      I think for my Econ teacher, he just can’t explain things as clearly as Mr. Clifford. It’s like I can’t wrap my head around the content after the 2 hour class. But I can for these videos because the content is more organized lol

  • @teeny765
    @teeny765 5 лет назад +288

    When ur ib exam is tomorrow and u finna fail but u still try to pass anyway

  • @k4b00m6
    @k4b00m6 7 лет назад +21

    Not that my economics teacher sucks ( he is a really good teacher) but you sir, just nail everything. I want to personally thank you for putting effort in the information as well as letting it be free. You are Awesome, please keep going :D

  • @Stephymel27
    @Stephymel27 7 лет назад +7

    I've spent hours reading the textbook and not understanding how everything came together and now ive come across your video and you beautifully explained everything in under 5 min!!! You're an eco god

    • @rahe2141
      @rahe2141 3 года назад

      Yrah our teacher was tryna explain it to us and I was trying to read about ti, but it made no sense

    • @shammaalali352
      @shammaalali352 3 года назад

      Can utell me how no policy in a recession would increase the aggregate supply

  • @YvetteVilla1
    @YvetteVilla1 8 лет назад +27

    these video's are GREAT! i went blank this morning before today's final. But coming online and viewing these video's made it all come back!... and with an even BETTER understanding than before!. thank you, keep posting these videos :)

    • @JacobAClifford
      @JacobAClifford  8 лет назад +11

      +Yvette Villalobos Thank you. Good luck on your final.

  • @greasysteve928
    @greasysteve928 Год назад +4

    i was threatened with a gun, used my knowledge of fiscal policy to increase taxes and lower aggregate demand. The robber no longer demanded anything from me and i was saved. Thanks great value Al Gore for teaching this so well.

  • @omidnadim7690
    @omidnadim7690 7 лет назад +5

    I am taking Econ 202. these videos explain 3 hours of my class in 5 min... which is awesome!

  • @Robin-if1ns
    @Robin-if1ns 9 лет назад +2

    i have the AP test tomorrow and i was always fuzzy on fiscal and monetary policy, this video completely cleared up my confusion and refreshed my memory. Thank god for ACDCLeadership

  • @anthonyboucher6413
    @anthonyboucher6413 4 года назад +17

    You have the capability to explain abstract concepts in such an easy way. This is a sign of a great teacher! Keep up the good work!

  • @amankhandelwal3539
    @amankhandelwal3539 8 лет назад +1

    Mr. Clifford.. You are the only reason I didn't drop economics.. You're a life saver man YOU ROCK

  • @xFyreWytchx
    @xFyreWytchx 4 года назад +1

    25 seconds in and you just clearly explained what I've been struggling with for a month.

  • @musa002
    @musa002 10 месяцев назад +1

    9 years later... video still doing wonders! 🔥🔥🔥

  • @evananderson3824
    @evananderson3824 8 лет назад +123

    Why has no one commented on his belt buckle lol

  • @katec4615
    @katec4615 6 лет назад

    I'm taking a macro class and Mr. Clifford has been a lifesaver, seriously thank you.

  • @chrisleenherard9543
    @chrisleenherard9543 7 лет назад +3

    You really helped me a whole lot ! I'm so lost in the book , haven't been reading it tbh , and watching 3 videos I can do this whole packed . You're really gonna be a huge help for my AP test . Love you !!!

  • @bruseva
    @bruseva 9 лет назад +48

    He is an angel.

    • @heeyuanong1135
      @heeyuanong1135 9 лет назад +3

      Yes !! he explained it like a boss 0.0 , mine teacher took 1 lecture going around in circles,

  • @kylechan4087
    @kylechan4087 4 года назад

    Like all of the comments said, this video really restored my confidence, I literally have no idea how this works staring at my notes at school, but it just clicked with this one.

  • @desreeisibor5855
    @desreeisibor5855 5 лет назад +2

    Watching your videos make me fall in love with economics even more!!!

  • @thaneshkumar9819
    @thaneshkumar9819 8 лет назад +3

    Thank you so much for explanation Mr.Clifford. Seriously you are the best for those last minute explanation.
    I prefer to listen to your explanation rather then my lecturer. Thanks again sir.

  • @sarmini414
    @sarmini414 8 лет назад +4

    This might be random but I was just watching your 2010 videos and noticed you slimmed down a good bit in this video good job!

  • @MadJDMTurboBoost
    @MadJDMTurboBoost 7 лет назад +1

    For those about to rock, we salute you! And you my friend have rocked the economic world!

  • @kyledepartee2496
    @kyledepartee2496 7 лет назад

    I never comment on videos, but I felt like I needed to on this one. Mr. Clifford - Incredible explanation. Thank you for explaining in such a organized way. I wish I found this page sooner, wow. Amazing.

  • @annamarks2872
    @annamarks2872 6 лет назад

    i love this so much but as a visual learner, i can tell you that it is much easier when abbreviations arent used but otherwise- AMAZING!!

  • @leungvincent8579
    @leungvincent8579 8 лет назад

    exam in 2 hours and it is what i do to cram everything for macro.
    Best wishes from Durham in the UK!

  • @nandanadeshara6518
    @nandanadeshara6518 5 лет назад

    I swear across all the videos regarding this topic, your was the best and easy to relate to. Thanks Jacob.

  • @ohaansahani9642
    @ohaansahani9642 5 лет назад +1

    my paper is in two hours and what i learned in these 2 minutes is more than what i learned in the last 2 years

  • @victorgonzalez8584
    @victorgonzalez8584 9 лет назад +31

    Not all heroes wear capes

  • @scienciumsequoia4943
    @scienciumsequoia4943 8 лет назад

    Incredible! I've been trying to understand this in class for 3 weeks and I got it in under 10 minutes by watching this. Thanks for making these videos! I'll pay it forward by getting the Ultimate Review Packet.
    Edit: I just got it and it looks like it'll be super helpful. thx again

  • @sofiasalazar1344
    @sofiasalazar1344 10 лет назад +1

    having a cram shesh for my AP exam tommorow! all the videos really help!

  • @muradmujahed7151
    @muradmujahed7151 6 лет назад

    Summary of 2 chapters in 5 min......You r the man

  • @MarcelaHoyos-s4n
    @MarcelaHoyos-s4n 6 месяцев назад

    Awesome!!!
    Please, check the arrow of AS at 3:15 min. The image points to the right (should be to the left) as you also mentioned. Hope this helps.

  • @rajpatwa5972
    @rajpatwa5972 Год назад

    Always end up here before my economics exam Life saver

  • @paulh965
    @paulh965 7 лет назад +74

    Man since he talks so fast, I had to watch about 20 times. lol

    • @arbitrarylib
      @arbitrarylib 4 года назад +2

      Mhm

    • @tanishgoel4719
      @tanishgoel4719 3 года назад +5

      strategy to increase views lmao

    • @seeyou4816
      @seeyou4816 3 года назад +2

      Reduce the play speed

    • @makiyashoukat8807
      @makiyashoukat8807 3 года назад

      click the 3 dotes on the right side of video then click play speed and make it 0.75 and you can also make it more slow. lets do it.

  • @madeleinem6837
    @madeleinem6837 3 года назад

    Watching all of these videos amid COVID...throwback

  • @crimson4066
    @crimson4066 2 года назад

    Seeing an AC/DC belt in an economics lesson is beautiful

  • @syraphimgaming6281
    @syraphimgaming6281 7 лет назад

    This helped me beyond belief with review on older topics before my grad level econ course.

  • @Shamsabdulkareem
    @Shamsabdulkareem 9 лет назад +5

    you make it sooooo easy to understand , Thank you

  • @angelicabrito5538
    @angelicabrito5538 3 года назад +1

    This saved my life! BTW has anyone ever told you that you like JUST like Mark Cuban? LOL

  • @nashvaish7057
    @nashvaish7057 6 лет назад

    Great teacher. You should train university profs on teaching methodology. Given the fact that all primary and high school teachers go through methodology training but university profs don't makes the quality of teaching in university is the lowest in entire education system. This has to be fixed. You simply ten times betters than my university profs. Thank you.

  • @zorro20010
    @zorro20010 5 лет назад

    Excellant summary of the Role of Fiscal and Monetary Policies and how it affects the business cycles

  • @Christ-ine
    @Christ-ine 4 года назад

    Thank you for everything man I passed both macro and micro because of you! I don’t need it anymore but gonna stay subscribed anyway for support

  • @bessgreen612
    @bessgreen612 8 лет назад +97

    Mr. Clifford is bae

  • @brandonjupiter9239
    @brandonjupiter9239 7 лет назад

    All the way from Trinidad am useing your channel an its working like a charm

  • @os3788
    @os3788 8 лет назад

    Thank you sir. All i need is to pass the test with a D or C and itll be all good!!! After my first semester in college, my biggest mistake would definetly be taking this class...

  • @moupatte
    @moupatte 8 лет назад +5

    Thank you, I cannot imagine the time spend to make those videos.

    • @JacobAClifford
      @JacobAClifford  8 лет назад +5

      +Nana Mely Yes, Nana, they do take some time. Thanks for watching, please subscribe

  • @joelopez3552
    @joelopez3552 4 года назад +1

    Hi Mr. Clifford! I'm back the night before my exam!

  • @owenwu9600
    @owenwu9600 3 года назад

    Mark Cuban out here saving the lives of millions of econ and business students

  • @imcarlover3911
    @imcarlover3911 7 лет назад

    This shit just saved my 6 hours classes and 300MYR.Nice one

  • @anirudhghose5180
    @anirudhghose5180 6 лет назад

    thank you so much!! Your videos are the best, you've taught me things which no one could

  • @kaitlinoliver8803
    @kaitlinoliver8803 7 лет назад

    I've got an FRQ tomorrow and multiple choice on Thursday and you're gonna help me pass both

  • @agentsweetheart100
    @agentsweetheart100 7 лет назад +1

    Thank you! I've been supplementing my macro studying with your videos and they are extremely helpful! Much appreciated :o)

  • @quentinkaramitsos6446
    @quentinkaramitsos6446 8 лет назад +2

    Thank you for posting all these helpful vids

    • @JacobAClifford
      @JacobAClifford  8 лет назад +1

      +Quentin Karamitsos Thank you for thanking me :)

  • @aurnafathema6983
    @aurnafathema6983 5 лет назад

    Next Tuesday is my semester final exam.,,, thanks for your meaningful video... Thanks a lot sir....

  • @thiyenaditya6946
    @thiyenaditya6946 9 лет назад

    Nice belt Mr! ! i like the way u teaching this, very clear, to be honest am starting to study for my exam, and i learn by seeing your videos, wish me luck Cliff!:)

  • @cornetchan
    @cornetchan 6 лет назад

    So clear and straightforward. Thanks Mr Clifford.

  • @johnlouistomines4254
    @johnlouistomines4254 8 лет назад +2

    Awesome Job man! Crystal Clear!

    • @JacobAClifford
      @JacobAClifford  8 лет назад +1

      +John Louis Tomines I'm glad it works for you John. Let me know if you want me to cover anything else.

  • @lokiokami2302
    @lokiokami2302 6 лет назад

    Was having a hard time understanding Fiscal and Monetary policy(have the final today), this helped alot

  • @wallis5955
    @wallis5955 5 лет назад

    chopped my 50 minute lecture down into 4 mins and I still learnt more in the 4 than the 50..

  • @brycejones6095
    @brycejones6095 4 года назад

    I learned the difference between fiscal and monetary policies now thanks to this guy.

  • @lamdinh1668
    @lamdinh1668 8 лет назад +3

    Thank you very much Mr Clifford. But there is one thing that I still dont understand. In your video, you said when Money Supply increases, it will lead to a decrease in interest rate (And according to money market diagram, it is true). However, there is another scenario called relationship between value of money and price level, it says that if Money Supply increases, price level will increase as well and eventually it will induce the Central Bank to increase interest rate (which is contradicting to your assumption in the video). Could you please clarify my concern?
    Thank you so much!

    • @rishabhtiwari2390
      @rishabhtiwari2390 3 года назад

      There's no contradiction buddy. When money supply goes up, interest rates go down due to inflation. So the Central Bank increases the interest rates once the desired inflation has been achieved as too much inflation will result in a Zimbabwe or Weimar Republic. The monetary decisions of Central Bank depend upon the level of inflation in the economy

  • @connornelson450
    @connornelson450 6 лет назад

    this is great. Definitely make sure to mention the federal funds rate at some point though, my teacher smacks me w that on tests

  • @arbitrarylib
    @arbitrarylib 4 года назад

    Why the heck do books make it so confusing, then????? It's simple with THE RIGHT TEACHER. Thank you! 😃

  • @bmcseal01
    @bmcseal01 6 лет назад

    Man, I wish all my other teachers were like this!

  • @Fkcpa
    @Fkcpa 2 года назад

    How can I attend your classes? Can't express in words how helpful I've found this vdo. ❤️

  • @josephndhlovu4757
    @josephndhlovu4757 5 лет назад

    this is short and precise ,thanks my lecturer for being logical . i appreciate

  • @giselegiram
    @giselegiram 6 лет назад +4

    Very useful information, great work

  • @sabert00thctrl12
    @sabert00thctrl12 2 года назад

    Mr Clifford dripping w/ the AC/DC belt

  • @joelopez3552
    @joelopez3552 4 года назад +1

    My final exam is tomorrow, I know very little on many of these policies for macro, just got boned on my accounting final, running on 4 hrs of sleep every day last week just tryna keep up with all my finals, steady diet of straight black coffee, I have never been so mentally exhausted. Who thinks I got this?

  • @anniezhang347
    @anniezhang347 Год назад +1

    why does an increase in money supply decrease interest rates? I'm thinking an inflationary gap is where there is too much of a money supply and prices are higher, confused.

  • @shaymhd
    @shaymhd 5 лет назад

    This man is a godsend

  • @ebnaadam3941
    @ebnaadam3941 8 лет назад +3

    i love your teaching method

  • @bugattirocksful
    @bugattirocksful 5 лет назад

    Awesome video. Only topic I don't understand and it really helped. Thanks!

  • @dreiacosta
    @dreiacosta 2 года назад

    What policy does printing money or bank notes fall

  • @flamy6905
    @flamy6905 6 лет назад

    Thank you mister Mark Cuban.

  • @touatnasreddine9680
    @touatnasreddine9680 2 года назад

    There are four options that can be used, it is also possible to mix monetary policy and fiscal policy

  • @sackiemccauley8829
    @sackiemccauley8829 7 лет назад

    I am Reading economic as my major. I really need your support. I am living in Liberia.

  • @hambiraoghatage561
    @hambiraoghatage561 3 года назад

    If little bit slow it definitely help.

  • @dimitrikasradze5170
    @dimitrikasradze5170 7 лет назад

    When trying to close an inflationary gap with increasing taxes, wouldn't it cause an increase in gov spending? Like what can the gov do with the taxed money other than spend it?

  • @joshuatan5841
    @joshuatan5841 3 года назад

    Simple and concise, thank you!!!😊

  • @charliebrown6072
    @charliebrown6072 4 года назад +51

    Let’s be honest: we’re all here because of the Coronavirus

    • @sniper.93c14
      @sniper.93c14 4 года назад +2

      No i’m here because i missed the lesson on this and need to catch up

    • @shivarampersad3460
      @shivarampersad3460 4 года назад +1

      nahh... im here because of school unfortunately

    • @pabloariza2295
      @pabloariza2295 3 года назад

      why the f would u watch this for fun man!!!

    • @huhhhhhjj4686
      @huhhhhhjj4686 6 месяцев назад

      Hey bro are you still alive just checking ❤

  • @kellyk12
    @kellyk12 6 лет назад

    the hero we all need

  • @ramlahabat2312
    @ramlahabat2312 7 лет назад

    i believe in you, you the only one keep it up we love you

  • @yashb2997
    @yashb2997 4 года назад +1

    he's just too good

  • @luciaaliaga5997
    @luciaaliaga5997 7 лет назад +2

    GREAT VIDEO DUDE

  • @Edrikz1
    @Edrikz1 7 лет назад

    Really helpful helped me a lot to pass the test and class

  • @albyjohn23
    @albyjohn23 5 лет назад

    You are on an other level

  • @TalibAlWahaibi
    @TalibAlWahaibi 5 лет назад

    thanks a lot your are master in teaching in easiest way

  • @Macomac
    @Macomac 2 года назад +1

    Did I hear this right, when we are in a recession we need to increase money supply to lower interest rates? 😆 watching this 6 years later is very interesting - During this period the feds are actually tapering there balance sheet and lagging the interest hikes - system collapse imminent.

  • @therealnoodles7638
    @therealnoodles7638 7 лет назад

    what is your opinion on Quantitative Easing? How come it did not lead to hyperinflation like what textbooks and some economists say? Federal funds rate are nearly close to zero yet no inflation. Do you think monetary policy is passive and cannot work to move us out of recession?

  • @prasojoaziz
    @prasojoaziz 6 лет назад

    Thank you Mark Cuban!

  • @vlfnk
    @vlfnk 3 месяца назад

    i do not get how a leftward shift of the short run aggregate supply would help closing an inflationary gap. wouldn't that just result in even higher prices?

  • @nouhailaettalibi9428
    @nouhailaettalibi9428 5 лет назад

    OOOOOOOOOOHHHHHHH THAANNNNNNNK YOU SSOOO MUCH THIS VID SAVED MY LIFE. YOU MY LIFESAVER

  • @ptengelmann
    @ptengelmann 4 года назад

    If you increase money supply and decrease interest rates, does that not mean that investors won’t be attracted to the amount of interest in the nation itself and then would sell its national currency to invest in another country? That said bringing the value of the currency down

  • @DeolaMariah
    @DeolaMariah 6 лет назад

    thanks a lot! this topic just really made sense to me, thanks to you!

  • @kumar_kumar3489
    @kumar_kumar3489 4 года назад

    Your lecture are awsome sir 🇮🇳

  • @morningawesome
    @morningawesome Год назад

    Fiscal & monetary policy
    Fiscal policy ( gvt spending & taxation)
    During recession can ↑ g spending
    and ↓ taxation which ↑ disposable income hence c ↑ and AD ↑
    3 tools in monetary policy. Reserve rate ↓ (banks can create more money(, buy bonds (puts money in system)
    Inflation
    Fiscal policy (govt spend ↓, taxation ↑)

  • @nixonseme9170
    @nixonseme9170 6 лет назад

    Great precise and clear . Thank you so much