Khan Academy: Lesson Summary: The Costs of Inflation

In this lesson summary review and remind yourself of the key terms and calculations related to money growth and inflation. Topics include the quantity theory of money, the velocity of money, and how increases in the money supply may lead...

In this instructional activity summary review and remind yourself of the key terms and calculations used in measuring inflation. Topics include the consumer price index (CPI), calculating the rate of inflation, the distinction between...

In this lesson summary review and remind yourself of the key terms and graphs related to automatic stabilizers, including the different kinds of automatic stabilizers and why fiscal policy is subject to lags. This resource is designed as...

In this lesson summary review and remind yourself of the key terms and graphs related to the Phillips curve. Topics include the the short-run Phillips curve (SRPC), the long-run Phillips curve, and the relationship between the Phillips'...

In this lesson plan summary review and remind yourself of the key terms and graphs related to changes in the AD-AS model. Topics include AD shocks, such as changes in consumption, investment, government spending, or net exports, and...

In this lesson summary review and remind yourself of the key terms and graphs related to aggregate demand (AD). Topics include the wealth effect, the interest rate effect, and the exchange rate effect, as well as the factors that shift...

In this lesson summary review and remind yourself of the key terms and graphs related to short-run aggregate supply. Topics include sticky wage theory and menu cost theory, as well as the causes of short-run aggregate supply shocks.

In this lesson summary review, remind yourself of the key terms and graphs related to the long-run self-adjustment mechanism. The long-run self-adjustment mechanism is one process that can bring the economy back to "normal" after a...

In this lesson summary review and remind yourself of the key terms, calculations, and graphs related to fiscal policy. Topics include how taxes and spending can be used to close an output gap, how to model the effect of a change in taxes...

For this lesson summary review and remind yourself of the key terms and graphs related to a short-run macroeconomic equilibrium. Topics include how to model a short-run macroeconomic equilibrium graphically as well as the relationship...