Introduction to Macroeconomics
Über den Vortrag
Der Vortrag „Introduction to Macroeconomics“ von James DeNicco ist Bestandteil des Kurses „Principles of Macroeconomics (EN)“. Der Vortrag ist dabei in folgende Kapitel unterteilt:
- General Introduction
- Microeconomics versus Macroeconomics
- Opportunity Costs
- Rational People and Marginal Change
- 1. Economic Growth and Standards of Loving
- 2. Productivity
- Business Cycle
- 4. Employment/Unemployment
- 5. Prices and Inflation
- 6. International Economy
Quiz zum Vortrag
Microeconomics is concerned with ________________ and Macroeconomics is ___________________.
- individual choice under scarcity, the performance of national economies
- the performance of national economies, individual choice under scarcity
- national unemployment rates, firm’s maximizing profit
- money, business
What are my opportunity costs of going to a concert instead of working?
- The costs of my tickets and my refreshments and the wages I miss out on.
- The cost of my ticket.
- The costs of my tickets and my refreshments.
- The wages I lose out on.
Jimmy invested $50 million on a business venture he thought would make him $100 million in revenue. He finds out that he needs to invest more money to finish the product and the actual revenue he will earn is only going to be $70 million. Which of the following is true?
- He should only invest more money if it costs less than $70 million.
- He should scrap the project no matter what and cut his losses.
- He should only invest more money if it costs less than $20 million.
- He should only invest more money if it costs less than $100 million.
Dozent des Vortrages Introduction to Macroeconomics
James DeNicco
Dr. DeNicco graduated from Drexel University in 2013. His primary field is Macroeconomics and his secondary field is Industrial Organization. His primary research interests are in Macroeconomics and applied Macroeconomics, especially the relationship between GDP growth and labor dynamics.
His focus is on jobless recovery, which explores the speed of recovery in unemployment rates post recession, controlling for GDP growth. He is currently an Assistant Professor at the University of Tampa, where he teaches both Macroeconomics and Microeconomics.
Dr. DeNicco also does work as a Research Associate for the Center for Labor Markets and Policy. In that role he has conducted extensive work with BLS and BEA data regarding estimation and forecasting techniques used by the Massachusetts Governor’s Office and the Rhode Island Department of Labor.
In addition, he collaborates on research identifying the determinants of successful transitions from high school to college and persistence in college, with the goal of identifying major transition barriers needing either program or policy intervention.
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