Lesson 11: The National Economy, Part 2 - Intercollegiate Studies Institute

Lesson 11 Lesson 11: The National Economy, Part 2

Presented by: Dr. Daniel Hammond
Wake Forest University

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Aggregate Economic Analysis II

The money and banking system is at the heart of the international economic order. Understanding how they work is essential to understanding how markets work. In this lesson you will learn several basic accounting concepts, as well as how to identify what inflation and recession are. Inflation robs your wealth, appreciating its lessons is in your best interest.

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HMW Lesson 11: The National Economy, Pt. 2

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Macroeconomics, or what is often called Aggregate Economic Analysis, is usually paired with the study of money and monetary systems.
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While money is not wealth—otherwise the government could make us all twice as rich by simply printing twice as much money—a well-designed and well-maintained monetary system facilitates the production and distribution of wealth.

Thomas Sowell

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Aggregate Economic Analysis II, Part 2 with Dr. Daniel Hammond

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Aggregate Economic Analysis II, Part 3 with Dr. Daniel Hammond

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The Paradox of Thrift - 60 Second Adventures in Economics (The Open University)

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Thomas Sowell, Basic Economics, pp. 345-391

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Lesson 11 Lesson 11: The National Economy, Part 2

Aggregate Economic Analysis II

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HMW Lesson 11: The National Economy, Pt. 2

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How Markets Work

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