Cultnomics
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The Real Exchange Rate
This video explains with quantitative examples how to calculate the real exchange rate and what changes in this measure mean for a country's competitiveness.
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Відео

Shifting the Exchange Rate
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This video explain four ways in which the exchange of a country can depreciate based on the dynamics of supply and demand for a currency.
14.5 Monetary Policy and the Bond Market
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This video relates changes in Monetary Policy to the Bond market and changes in bond market interest rates through the AD AS model.
14.6 Monetary Policy and Exchange Rates
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This video relates changes in Monetary Policy to the Exchange Rate market and currencies through the AD AS model.
14.4 Long Run Monetary Policy using AD AS
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This video traces out the long term effects of monetary policy on the economy using the AD AS model in diagram form.
14.3 Short Run Monetary Policy using AD AS
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This video relate monetary policy to the real economy in diagram form using the AD AS model.
14.2 Central Banks and Monetary Policy
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In this video we discuss the three tools of Monetary Policy implemented by Central Banks to manage the inflation rate in an economy. We explain in detail the use of Open Market Operations to expand and contract the money supply in a modern economy.
14.1 Role and Function of the Central Bank
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In this video we describe the role of a central bank and the tools it has to influence and manage the economy. This is related to the European Central Bank and its function in the Euro area.
14.7 The Quantity Theory of Money
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This video explains the relationship between changes in the money supply and inflation in the economy.
13.7 The Theory of Liquidity Preference
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In this video the demand and supply for money is explained through a diagram in the theory of liquidity preference. This theory explains how interest rates are determined through money supply and demand.
13.6 The Theory of Money Demand
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In this video the relationship between money demand and the interest rate is explained and the key drivers that cause this relationship to change are outlined in diagram form.
13.5 The Real Money Multiplier
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This video explains the key formula and approach to calculating the money multiplier in the economy with leakages.
13.4 The Money Multiplier with Leakages
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This video explains the money creation process in the economy where there are leakages in the form of money held as cash outside the systemic. A numeric example explains the impact of this leakage on the magnitude of potential money creation.
13.3 The Simple Money Multiplier
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This video explains a numeric example of money creation in the economy following a new deposit of money into the system. The process of the money multiplier in a modern banking system is explained.
13.2 The Market for Loanable Funds
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In this video we define public and private saving in the economy and investment, and link these concepts to an overview of the market for loanable funds where demand and supply for funds determine the real interest rate in the economy.
13.1 An Introduction to Money
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13.1 An Introduction to Money
12.13 Fiscal Policy and Exchange rates
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12.13 Fiscal Policy and Exchange rates
12.12 Fiscal Policy and the Bond Market
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12.12 Fiscal Policy and the Bond Market
12.11 The Laffer Curve
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12.11 The Laffer Curve
AD and the interest rate effect
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AD and the interest rate effect
12.10 The Crowding Out Effect
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12.10 The Crowding Out Effect
12.9 Problems with Fiscal Policy
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12.9 Problems with Fiscal Policy
12.8 Fiscal Multiplier with Leakages
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12.8 Fiscal Multiplier with Leakages
12.7 Fiscal Multiplier Numeric Example
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12.7 Fiscal Multiplier Numeric Example
12.6 The Fiscal Multiplier
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12.6 The Fiscal Multiplier
12.4 Fiscal Policy
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12.4 Fiscal Policy
12.3 The Government Budget
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12.3 The Government Budget
12.5 The Consumption Function
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12.5 The Consumption Function
11.10 Keynesian Policy with AD AS Model
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11.10 Keynesian Policy with AD AS Model
11.11 Keynesian Policy Dilemma
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11.11 Keynesian Policy Dilemma

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