GDP, Business Cycles, and Fiscal Policy- EconMovies #5: Cars (Reupload)

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  • Published on May 1, 2019
  • Hey econ students! This is Jacob Clifford. In this episode of EconMovies, I use the movie Cars to introduce the idea of GDP, the business cycle, recession, and fiscal policy. Good luck studying economics. Kachow!

    :13 Micro v. Macro
    1:27 GDP
    1:47 Components of GDP
    3:03 Business Cycle (Expansion, Peak, Recession, Trough)
    4:01Fiscal Policy: (1) Increase G or (2) Cut Taxes

Comments • 7

  • Richard Mortimer
    Richard Mortimer 2 months ago +1

    Only thing not going down is the accumulated federal debt and global debt. Deficit spending year on year is not good.

  • Mr. Franco Athos
    Mr. Franco Athos 6 months ago +2

    Jacob intéressant.
    Très bon sur le GDP♫♫♫
    vraiment très convaincant
    merci

  • XG Frost Killer
    XG Frost Killer 6 months ago +1

    this is pretty lit

  • cat food
    cat food 6 months ago +1

    How you find an example for everything is legendary.

  • cat food
    cat food 6 months ago +4

    How you find an example for everything is legendary.

  • Andrew           Downing
    Andrew Downing 6 months ago +1

    Is this a re-upload?

  • Samantha Louise Nepomuceno

    As an econ student whose kid sibling watches Cars everyday, I love this.