If you’re ready to start, restart, or continue your own college journey with Study Hall, go to https://link.gostudyhall.com/mecon to join a college course that starts on YouTube for just $25, and unlock the opportunity to earn transferable credits from ASU.
In this episode of Study Hall: Macroeconomics we talk fiscal policy in the short-run, including public works projects and taxation, and automatic stabilizers like unemployment benefits. We look at the intended effect these policies have on aggregate demand, and ponder our mortality in the long-run.
__________________________________________________________________________
Follow us on social media!
Twitter: https://twitter.com/gostudyhall
Instagram: https://Instagram.com/GoStudyHall
Facebook: https://www.facebook.com/GoStudyHall
__________________________________________________________________________
Chapters:
0:00 – Introduction
1:27 – The What and Why of Fiscal Policy
2:16 – The effect of Fiscal Policy on aggregate demand
5:06 – Fiscal Multipliers
10:34 – Discretionary Policy vs. Automatic Stabilizers
12:51 – Conclusion
Watch Now
