Lecture 1: Introduction to 14.02 Principles of Macroeconomics

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  • Опубліковано 28 лис 2024

КОМЕНТАРІ • 106

  • @mitocw
    @mitocw  5 місяців тому +36

    MIT 14.02 Principles of Macroeconomics, Spring 2023
    Instructor: Ricardo J. Caballero
    View the complete course: ocw.mit.edu/courses/14-02-principles-of-macroeconomics-spring-2023/
    UA-cam Playlist: ua-cam.com/play/PLUl4u3cNGP62EXoZ4B3_Ob7lRRwpGQxkb.html
    This lecture covers an introduction to the topic of macroeconomics, which is the study of the behavior of an economy as a whole. The instructor also talks about the objectives of the course.
    License: Creative Commons BY-NC-SA
    More information at ocw.mit.edu/terms
    More courses at ocw.mit.edu
    Support OCW at ow.ly/a1If50zVRlQ
    We encourage constructive comments and discussion on OCW’s UA-cam and other social media channels. Personal attacks, hate speech, trolling, and inappropriate comments are not allowed and may be removed. More details at ocw.mit.edu/comments.

    • @atallafet
      @atallafet 5 місяців тому +2

      broken link?

    • @ujjwal_p3256
      @ujjwal_p3256 4 місяці тому

      What are the recommended textbooks for this course, if any?

    • @田中太郎-t6z8d
      @田中太郎-t6z8d 4 місяці тому

      hi, problem set 3 Q 1 solutions are missing.

    • @kerlostube
      @kerlostube 4 місяці тому

      @@ujjwal_p3256 Oliver Blanchard, Macroeconomics

    • @oscarpolonio
      @oscarpolonio 2 місяці тому

      Thanks!

  • @naveenbhardwaj3462
    @naveenbhardwaj3462 4 місяці тому +130

    Dear MIT,
    Thanks a lot for Uploading the Macroeconomics Course.
    Great Contribution towards students, who can't afford Quality Education.

  • @NRIAjay
    @NRIAjay 5 місяців тому +181

    I dont know why young adults are not interest in learning what is really needed in today's world. I have done my MBA yet but I am considering this and grateful to MIT for broadcasting such contents for free. Thank you MIT.

    • @ShubhamSinghYoutube
      @ShubhamSinghYoutube 5 місяців тому +12

      I'm a young adult and I'm here :)

    • @ujjwal_p3256
      @ujjwal_p3256 5 місяців тому

      ​@@ShubhamSinghUA-cam+1. I'm amazed at the sheer range of knowledge we can access on UA-cam. Can't be more grateful

    • @Happyduderawr
      @Happyduderawr 4 місяці тому +17

      Most of the undergraduates that at MIT are young adults. I guess that's around 10,000 counterexamples right there.

    • @arzthaus
      @arzthaus 4 місяці тому +18

      Ok boomer.

    • @MFonEarth
      @MFonEarth 4 місяці тому +1

      Buddy no one want to listen to a guy talk about macroeconomics for half an hour. I'm begrudgingly here

  • @Mvobrito
    @Mvobrito 5 місяців тому +48

    I took the microeconomics course 3 years ago and it literally changed how I see the world. I have been waiting for you to post the macroeconomics course since then!

    • @randomdude7384
      @randomdude7384 5 місяців тому +6

      I tried taking it; even though didn't understand much past the very first few lectures, it changed my world - and how I see the world - too.

    • @NangramLungte
      @NangramLungte 2 місяці тому +3

      @@Mvobrito Try reading some behavioral economics book, your world will turn upside down.

    • @vja-m5h
      @vja-m5h 28 днів тому

      @@NangramLungtecan you recommend any?

  • @Specter45909
    @Specter45909 5 місяців тому +25

    Thanks MIT, I have been looking for this course for a while now.

  • @LungteNangram
    @LungteNangram 5 місяців тому +31

    Thank u MIT for this. I'll be grateful for a free course in Econometrics 😁

  • @adarshpandey8023
    @adarshpandey8023 Місяць тому +2

    Thank you MIT, yours microeconomics course is brilliant and now you have provided a brilliant macroeconomics course as well.

  • @arhumnaeem6783
    @arhumnaeem6783 2 місяці тому +1

    Thankyou MIT for making quality education reachable

  • @aeaw3774
    @aeaw3774 18 днів тому

    Thank you for posting the lectures! I’m not a native english speaker and use these to do both, improve my language and test my knowledge on economics. Very helpful💙

  • @HReiss0
    @HReiss0 2 місяці тому +2

    Thank you guys very much for posting this course.
    Muito obrigado por postar esse curso MIT, gratidão.

  • @FuzzyLogic-d4w
    @FuzzyLogic-d4w 12 днів тому

    Thank you MIT.
    Love from Iran ❤️

  • @Shubham_Chaudhary
    @Shubham_Chaudhary 4 місяці тому +6

    Been waiting for this for a while. Thank you!

  • @Akerfeldt77
    @Akerfeldt77 2 місяці тому

    Thank you for this course. I will be returning to school in pursuit of an MBA in January. It has been nearly 15 years since I took macroeconomics. This is a welcome review

  • @al_gc1703
    @al_gc1703 26 днів тому

    This is so interesting, I study Economics and sometimes it’s refreshing to watch this lectures.

  • @jonathangrant7788
    @jonathangrant7788 4 місяці тому +6

    Thank you! The microeconomics course was so good so I have high hopes ❤

  • @boeingpameesha9550
    @boeingpameesha9550 3 місяці тому +5

    My sincere thanks for sharing it.
    जय हिन्द, जय भारत, श्रेष्ठ भारत।

  • @sreenii5445
    @sreenii5445 2 місяці тому

    Thank you MIT for the lecture sessions

  • @dhananjayPaswan-rw6qq
    @dhananjayPaswan-rw6qq Місяць тому

    Thanks for MIT upload this courses

  • @Sonjoybarua-h3x
    @Sonjoybarua-h3x Місяць тому

    Really such that class are so much helpful for Economics students. Thanks MIT.

  • @GalutiaFamilyChannel
    @GalutiaFamilyChannel 2 місяці тому

    As a seasoned crypto retail investor, thank you for putting out this class for free! ❤

    • @amirzebbadshah7281
      @amirzebbadshah7281 Місяць тому

      Does this helps in trading

    • @周笑卓
      @周笑卓 22 дні тому

      @@amirzebbadshah7281of course,it will help you understand how policies affect the market

  • @ArockiaPraveen-qi3rw
    @ArockiaPraveen-qi3rw 5 місяців тому +2

    please continue this topic ,thanks

  • @jonesdavis8474
    @jonesdavis8474 20 годин тому

    Thank u sir, thanku mit ❤

  • @MathChem_Academy
    @MathChem_Academy 2 місяці тому

    Thanks for this free courses! 🙏🏿

  • @ZeroTwoTwoFive
    @ZeroTwoTwoFive 3 місяці тому +1

    Fantastic lecturer👍

  • @phantommrinalmusk3685
    @phantommrinalmusk3685 4 місяці тому +2

    Thankyou MIT. Please upload all the lectures 🎉

    • @mitocw
      @mitocw  4 місяці тому +5

      Here's the playlist of all the videos we have recorded for 14.02: ua-cam.com/play/PLUl4u3cNGP62EXoZ4B3_Ob7lRRwpGQxkb.html. Best wishes on your studies!

  • @Nikkkhil_.1310
    @Nikkkhil_.1310 5 місяців тому +1

    A lecture that I don’t want to stop and that’s even shocking to me

  • @ricardocontreras
    @ricardocontreras 3 місяці тому

    Thanks MIT!

  • @SphereofTime
    @SphereofTime 5 місяців тому +7

    I love it

  • @ASIOLXVI
    @ASIOLXVI 4 місяці тому

    Great knowledge great power 😅 come great responsibility

  • @matroxman11
    @matroxman11 5 місяців тому +6

    Haven’t listened to a macro lecture since high school let’s go

  • @malgorzata.mrugala
    @malgorzata.mrugala 3 місяці тому

    Fantastic content!

  • @umehmoses8118
    @umehmoses8118 4 місяці тому +1

    Wonderful

  • @guillermorocha6661
    @guillermorocha6661 5 місяців тому +2

    Economics will allow you to optimize the use of resources.

    • @nanobruh
      @nanobruh 4 місяці тому +1

      Not true

  • @TheChangeYT
    @TheChangeYT 3 місяці тому +1

    This is amazing!
    Do you know of another course or ressource with the same quality for a more current view of experts of macroeconomics / fiscal policy and finance?

  • @Azoun83
    @Azoun83 4 місяці тому

    +1 for Beamer usage!!

  • @SphereofTime
    @SphereofTime 5 місяців тому +3

    19:26 Payroll surprise

  • @marybuford9591
    @marybuford9591 5 місяців тому +3

    Yay 4 closed captions

  • @kashmirihandicrafts5659
    @kashmirihandicrafts5659 3 місяці тому

    I was waiting for this!!

  • @田中太郎-t6z8d
    @田中太郎-t6z8d 4 місяці тому

    problem set 1 Q1 1 says "code GDPC1, billions of chained 2012 dollars annual rate" , but what I found says "Billions of Chained 2017 Dollars". Is the table updated since then? If so, to the fellows: you will get different answers from solutions.

  • @田中太郎-t6z8d
    @田中太郎-t6z8d 5 місяців тому

    yeeeees! thank you so much MIT!

  • @rizkivicena
    @rizkivicena 4 місяці тому

    The less interest rate, means the more demand cause the people feel more "wealthier" and can borrow more. And for the company, it means a chance to earn more by providing more goods/services, and the cost of it will be lower since the interest for borrowing is decline. so it will employ more. Isn't it?

  • @jeanpaulgranadosramirez4546
    @jeanpaulgranadosramirez4546 4 місяці тому

    now an advanced macroeconomics course please

  • @Mistertunk
    @Mistertunk 4 місяці тому +1

    Increased wages don't cause inflation, that's been disproven. Correlation doesn't equate causation.

    • @CaesarMonzaro123
      @CaesarMonzaro123 3 місяці тому

      Yes it absolutely does, and whoever showed you that statistic made it up like the other 60% on average that are wrong. Lemme guess Biden & his administration gave you that one?

    • @bradymengel2473
      @bradymengel2473 Місяць тому +1

      Wages are increased because prices are increased. The root problem is the price.

  • @田中太郎-t6z8d
    @田中太郎-t6z8d 4 місяці тому

    problem set 2 Q1 (b) 4 I couldn't understand this explanation. Can anybody help me? "so consumption falls exactly ... increased." why exactly?

  • @sethhhh
    @sethhhh 2 місяці тому

    - banyak baca dokumen IMF, financial times,economics

  • @relaxation-connection
    @relaxation-connection 2 місяці тому

    Recently the White House has claimed low inflation without mentioning or justifying the high price of consumer goods. Why the reverse correlation?

  • @meetprajapati2868
    @meetprajapati2868 5 місяців тому +1

    Pranam Guruji 🙏

  • @田中太郎-t6z8d
    @田中太郎-t6z8d 4 місяці тому

    Problem set 5 Q4 4(b) solution says y_t=k_t^alpha, why?

  • @yuni360
    @yuni360 5 місяців тому

    The Ph.D. course available elsewhere?

  • @gitaputri5517
    @gitaputri5517 4 місяці тому

    🔥🔥🔥🔥🔥🔥

  • @smitdasadia847
    @smitdasadia847 4 місяці тому

    Is this an updated course on macroeconomics?

    • @mitocw
      @mitocw  4 місяці тому +1

      Up to date, as of Spring 2023. See the course on MIT OpenCourseWare for more info at: ocw.mit.edu/courses/14-02-principles-of-macroeconomics-spring-2023/. Best wishes on your studies!

  • @aliciagonzalezvera2666
    @aliciagonzalezvera2666 Місяць тому

    It is puré science

  • @kanhaiyalalrarotiya2396
    @kanhaiyalalrarotiya2396 3 місяці тому

    I already knew the concepts you are talking about. Am I smarter??

  • @everythingunderthesun9122
    @everythingunderthesun9122 5 місяців тому +4

    Hayekians register your presence here!

  • @AndreeaCe
    @AndreeaCe Місяць тому

    I don't know how to maths anymore and not only...I don't know how to use advanced maths anymore...and now some of you know why some of us cannot maths anymore...

  • @System.Error.
    @System.Error. 5 місяців тому +2

    divine coincidence

  • @rezarahadian552
    @rezarahadian552 4 місяці тому

    The lecturer sounds like an italian ..But still insightful anyway👍👍👍

  • @daimmsh79
    @daimmsh79 2 місяці тому

    Does this course is help in crypto trading

  • @SocialThesis
    @SocialThesis 4 місяці тому

    Would’ve been real useful a year ago lol

  • @arhumnaeem6783
    @arhumnaeem6783 2 місяці тому

    Students giving dumb answers. Wish I was in that class

  • @LibertyScott-x6i
    @LibertyScott-x6i 2 місяці тому

    Tennis shoes-$150. 😳 why should shoes you wear everyday cost $150.

  • @hrviumhrvarium74
    @hrviumhrvarium74 4 місяці тому +1

    macroeconomics is a bogus science. stop wasting your time. instead, do a major in maths/physics and then complete courses in microeconomics, corporate finance and accounting. thank me later.

    • @fuji_films
      @fuji_films 4 місяці тому +1

      Why are you saying this?

    • @hrviumhrvarium74
      @hrviumhrvarium74 4 місяці тому +1

      @@fuji_films it's a joke bro. just study. but if you are choosing between microeconomics and macroeconomics, go study microeconomics. it's more exact and useful im career/life imo.

    • @fuji_films
      @fuji_films 4 місяці тому +1

      @@hrviumhrvarium74 Well, my intents were studying maths and applying it to macroeconomics. 😳😳
      I really am into policy making and economical national security, that's why. But I see also why your point of view.

    • @hrviumhrvarium74
      @hrviumhrvarium74 4 місяці тому +2

      @@fuji_films if you are good at maths, go study maths. you wont regret it. it's the most supreme expression of human knowledge - abstract and infinitly applicable. maths/physics is superpower. you'll figure the rest along the way.

    • @fuji_films
      @fuji_films 4 місяці тому +1

      @@hrviumhrvarium74 I agree. Thanks for the tip, btw.

  • @l1982echarg
    @l1982echarg 3 місяці тому +1

    I can't listen such an aweful English pronunciation 🧟🧟🧟