How is wealth created? Saving and investing is the key to personal wealth as well as the economic growth. Learn Austrian Economics in a fun way! LINKS SUPPORT our project: http://bit.ly/2fgJR9e Visit our website: http://econclips.com/ Like our Facebook page: http://bit.ly/1XoU4QV Subscribe to our YouTube channel: http://bit.ly/1PrEhxG ★★★★★★★★★★★★★★★★★★★★★★★★★★ Music on CC license: Kevin MacLeod: Home Base Groove – na licencji Creative Commons Attribution (https://creativecommons.org/licenses/...) Źródło: http://incompetech.com/music/royalty-... Wykonawca: http://incompetech.com/ Kevin MacLeod: Cambodian Odyssey – na licencji Creative Commons Attribution (https://creativecommons.org/licenses/…) Źródło: http://incompetech.com/music/royalty-… Wykonawca: http://incompetech.com/ Audionautix: TV Drama Version 1 – na licencji Creative Commons Attribution (https://creativecommons.org/licenses/…) Wykonawca: http://audionautix.com/ Audionautix: Yeah – na licencji Creative Commons Attribution (https://creativecommons.org/licenses/…) Wykonawca: http://audionautix.com/ ★★★★★★★★★★★★★★★★★★★★★★★★★★ Econ Clips is an economic blog. Our objetive is teaching economics through easy to watch animated films. We talk about variety of subjects such as economy, finance, money, investing, monetary systems, financial markets, financial institutions, cental banks and so on. With us You can learn how to acquire wealth and make good financial decisions. How to be better at managing your personal finance. How to avoid a Ponzi Scheme and other financial frauds or fall into a credit trap. If You want to know how the economy really works, how to understand and protect yourself from inflation or economic collapse - join us on econclips.com. Learn Austrian Economics in a fun way!
Views: 1060006 EconClips
The market for loanable funds brings savers and borrowers together. We can also represent the same idea using a mathematical model. In this video, learn about the savings and investment identity. AP(R) Macroeconomics on Khan Academy: Macroeconomics is all about how an entire nationÕs performance is determined and improved over time. Learn how factors like unemployment, inflation, interest rates, economic growth and recession are caused and how they affect individuals and society as a whole. We hit the traditional topics from an AP Macroeconomics course, including basic economic concepts, economic indicators, and the business cycle, national income and price determination, the financial sector, the long-run consequences of stabilization policies, and international trade and finance. About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything https://www.youtube.com/subscription_center?add_user=khanacademy. View more lessons or practice this subject at http://www.khanacademy.org/economics-finance-domain/ap-macroeconomics/ap-financial-sector/the-market-for-loanable-funds/v/national-savings-and-investment-ap-macroeconomics-khan-academy?utm_source=youtube&utm_medium=desc&utm_campaign=apmacroeconomics AP Macroeconomics on Khan Academy: Welcome to Economics! In this lesson we'll define Economic and introduce some of the fundamental tools and perspectives economists use to understand the world around us! Khan Academy is a nonprofit organization with the mission of providing a free, world-class education for anyone, anywhere. We offer quizzes, questions, instructional videos, and articles on a range of academic subjects, including math, biology, chemistry, physics, history, economics, finance, grammar, preschool learning, and more. We provide teachers with tools and data so they can help their students develop the skills, habits, and mindsets for success in school and beyond. Khan Academy has been translated into dozens of languages, and 15 million people around the globe learn on Khan Academy every month. As a 501(c)(3) nonprofit organization, we would love your help! Donate or volunteer today! Donate here: https://www.khanacademy.org/donate?utm_source=youtube&utm_medium=desc Volunteer here: https://www.khanacademy.org/contribute?utm_source=youtube&utm_medium=desc
Views: 10038 Khan Academy
Difference between every day and economic notions of investment and consumption Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/GDP-components-tutorial/v/income-and-expenditure-views-of-gdp?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/gdp-topic/circular-econ-gdp-tutorial/v/more-on-final-and-intermediate-gdp-contributions?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 309251 Khan Academy
In our previous lessons, we have discussed GDP of India and the economic trend of the country for the year 2017-18. In this video, we will see the trend of Savings and Investment for the Year 2017-18. Watch the entire course of Basics of Economic Survey By Abhishek Srivastava: http://bit.ly/UnacademyEconomicSurvey Follow Abhishek Srivastava on Unacademy: http://bit.ly/UnacademyAbhishekSrivas... Subscribe to our channel: http://bit.ly/UnacademySubscribe Join our Facebook Group: http://bit.ly/FBUnacademyUPSC Download the Unacademy Learning App from the Google Play Store here:- https://goo.gl/02OhYI Download the Unacademy Educator app from the Google Play Store here: https://goo.gl/H4LGHE Savings and Investments (हिंदी में) - Economic Survey of India 2017-18
Views: 3291 Unacademy - Government Exams
I explain the key terms of the financial sector, including: assets, liabilities, loans, bonds, stocks, and interest rates. Next video: 3 Functions of Money https://www.youtube.com/watch?v=3PP2j60LvjU Unit Playlist: https://www.youtube.com/playlist?list=PLD7C33AB80B405B9A
Views: 129771 Jacob Clifford
This video (1) shows that a goods market equilibrium with demand equal to production and income implies that investment is equal to savings, (2) introduces a new graph that illustrates the equality between investment and savings, and (3) explains the paradox of saving.
Views: 23396 Department of Economics
The savings-investment identity & the reason why investment spending is so important when it comes to long-run economic growth.
Views: 4868 Carey LaManna
We regularly hear how important consumer spending is for the economy. The story goes like this: the more consumers spend, the more money circulates in the economy, which stimulates healthy job growth and profits. If people could be encouraged to go out and spend a little more of their paycheck, we'd all be better off. Keynes went as far as to say that individuals saving their money may actually be hurting the economy, as saving reduces "aggregate demand" and therefore company revenue. Sounds troubling, doesn't it? Fear not. You aren't actually hurting anyone by filling up your piggy bank. In fact, savings help the economy, as they make lending to productive entrepreneurs possible. The consumption that we enjoy is only made possible by prior production. And that production is only made possible by savings. For more resources about the economics of saving versus consuming, visit http://www.fee.org/the_freeman/detail/savings-fuel-for-an-economic-engine Scripted, animated, and produced by Steve Patterson. Very special thanks to Julia Patterson.
Views: 94903 Foundation for Economic Education
Dr. Demos Vardiabasis on post WWII global economy http://bit.ly/m549
Views: 7371 BasicEconomics
www.pinnacleadvisory.com Every successful investor must begin by understanding the difference between saving, investing, and speculating. If you get those confused, you run the risk of losing a lot of money. Luckily, this brief but informative (and funny!) video will clear it up for you. Put simply: Save to protect your money. Invest to grow your money. Speculate to gamble your money. Of course, there's more to it than that, so press "PLAY" and enjoy.
Views: 157327 Pinnacle Advisory Group
So, we've been putting off a kind of basic question here. What is money? What is currency? How are the two different. Well, not to give away too much, but money has a few basic functions. It acts as a store of value, a medium of exchange, and as a unit of account. Money isn't just bills and coins. It can be anything that meets these three criteria. In US prisons, apparently, pouches of Mackerel are currency. Yes, mackerel the fish. Paper and coins work as money because they're backed by the government, which is an advantage over mackerel. So, once you've got money, you need finance. We'll talk about borrowing, lending, interest, and stocks and bonds. Also, this episode features a giant zucchini, which Adriene grew in her garden. So that's cool. Special thanks to Dave Hunt for permission to use his PiPhone video. this guy really did make an artisanal smartphone! https://www.youtube.com/watch?v=8eaiNsFhtI8 Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Fatima Iqbal, Penelope Flagg, Eugenia Karlson, Alex S, Jirat, Tim Curwick, Christy Huddleston, Eric Kitchen, Moritz Schmidt, Today I Found Out, Avi Yashchin, Chris Peters, Eric Knight, Jacob Ash, Simun Niclasen, Jan Schmid, Elliot Beter, Sandra Aft, SR Foxley, Ian Dundore, Daniel Baulig, Jason A Saslow, Robert Kunz, Jessica Wode, Steve Marshall, Anna-Ester Volozh, Christian, Caleb Weeks, Jeffrey Thompson, James Craver, and Markus Persson -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 699934 CrashCourse
On September 15, 2008, Lehman Brothers filed for bankruptcy, and signaled the start of the Great Recession. One key cause of that recession was a failure of financial intermediaries, or, the institutions that link different kinds of savers to borrowers. We’ll get to intermediaries in the next video, but for now, we’ll first look at the market intermediaries are involved in. This market is the combination of savers and borrowers—what we call the “market for loanable funds.” To start, we’ll represent the market, using two curves you know well—supply and demand. The quantity supplied in the market comes from savings, and the quantity demanded comes from loans. But as you know, we have to factor in price. In the case of the market for loanable funds, the price is the current interest rate. What happens to the supply of savings when the interest rate goes up? When are borrowers compelled to borrow more? Or less? We’ll cover these scenarios in this video. One quick note: there’s not really one unified market for loanable funds. Instead, there are many small markets, with different sorts of lenders, lending to different sorts of borrowers. As we said in the beginning, it’s financial intermediaries, like banks, bond markets, and stock markets, which link these different sides of the market. We’ll get a better understanding of these intermediaries in our next video, so stay tuned! Subscribe for new videos every Tuesday! http://bit.ly/1Rib5V8 Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/28OO1zt Next video: http://bit.ly/28Lo8nF Help us caption & translate this video! http://amara.org/v/N6gx/
Views: 77532 Marginal Revolution University
This tutorial describes how savings and investment are determined in a small open economy can be impacted upon by domestic and foreign fiscal policy. It also links the impact these policy decisions have on net exports.
Views: 5286 Justin Doran
This is video no. 17 on Business environment for undergraduate courses. This video is on Savings. Topics to be covered in this chapter are as follows:- ●Meaning of Savings. ●Factors Affecting Savings. ●Sources of Savings. ●Reasons for low rate of Savings. ●Measures/Suggestions to raise the level of Savings in India. Download PDF notes of this chapter through this link:- https://drive.google.com/file/d/1ddE6suVyOO9Dz3cm6etbLlq8j-Atujk2/view?usp=drivesdk For further video,please subscribe to the channel and hit the bell icon to get the notifications of my latest uploads. Thank you. You can also follow us on:- Twitter: https://www.twitter.com/anuragconceptuals #businessenvironment #undergraduatecourses #savings #anuragconceptuals #savingsforbcom #savingsforbca #savingsforbba #savingsforhonours
Views: 662 Anurag Conceptuals
Welcome to the Real Quickienomics. You are watching the full version of EC1002 Introduction to Economics Chapter 10 Lesson 5 - Investment - Savings Equilibrium. Key Topics: - What is a IS curve and why must we understand it? - Detailed, step-by-step instructions on how to derive the IS curve using the Keynesian Cross Diagram - The IS curve can be affected in 3 ways: Movement, Shift, and Rotation. How do we determine what factors affect the IS curve? - A useful way to determine how an IS curve is affected: The Mathematical Approach to deriving the IS curve, including the 4 simple steps to do so - What is the Capital Formation Equation and how do we derive it?
Views: 551 Quickienomics
A high gross domestic saving rate usually indicates a country's high potential to invest in capital. State two factors that affect the gross savings rate for a country. Explain how a rise in gross savings might not necessarily lead to a rise in a country’s growth rate.
Views: 2062 tutor2u
1. Your "savings" are usually put into the safest places or products that allow you access to your money at any time. 2. Savings refers to that part of disposable income, which is not used in consumption. 3. Investing is the way that you will begin to really grow your money and begin to build wealth. 4. When you "invest," you have a greater chance of losing your money than when you "save." 5. A mutual fund is a classic example of an investment. 6. Savings are made to fulfill short term or urgent requirements. 7. Investment is made to provide returns and help in capital formation. 8. Investing will not begin to help you build wealth until you spend less than you earn and you focus on getting out of debt. 9. Fixed deposits and small savings instruments like Public Provident Fund are also forms of investments. 10. Liquidity Saving: Highly liquid Investment: Less liquid 11. Risk Saving: Low or negligible Investment: Very high 12. Returns Saving: No or less Investment: Comparatively high
Views: 1211 Patel Vidhu
https://goo.gl/o5JXnj for more FREE video tutorials covering Macroeconomics.
Views: 2810 Spoon Feed Me
An increase income leads to an increase in consumption and savings. Savings is positive function of income. The savings function is a mirror of the consumption function and consists of an autonomous part - C and an induced part (1-c)Y. The (1-c)Y can also be written as sY where s = marginal propensity to save.
Views: 21637 lostmy1
Watch the full course here: https://goo.gl/zva3kd Economic Survey Chapter 3 - Investments and Savings: Cross-Country Insights - In this lesson, Roman discusses Economy Survey 2017 - 2018 chapter 3 - Investment and Saving slowdowns and recoveries: Cross Country Insight for India and understand its importance from the UPSC CSE 2018 point of view. He discusses important points and topics to prepare from chapter 3 on GST and its implications on different states of India. Learn Important Facts about Economic Survey 2017-18 for the preparation of Indian Economy for UPSC CSE. This lesson is beneficial for all UPSC 2018 aspirants. Chapter 3 of Economic Survey of India deals with investments and savings of the Indian Economy - an important topic for UPSC Preparation. A Cross-country Insights for India is presented to you in a lucid manner. Must watch for all IAS 2018 aspirants. Also useful for aspirants of exams such as UPSC/ SSC/ RBI/ UPPSC/ PSC/ Banking Exams etc. and for increasing GK (General Knowledge). Download the Unacademy Learning App from the Google Play Store here:- https://goo.gl/02OhYI Download the Unacademy Educator app from the Google Play Store here: https://goo.gl/H4LGHE Do Subscribe and be a part of the community for more such lessons here: https://goo.gl/gycFVs
Views: 14916 Unacademy
This tutorial describes how savings and investment are determined in a small open economy. It considers the relationship between savings and investment and net exports using the national income accounting framework.
Views: 2160 Justin Doran
Thanks for watching a sample of the Quickienomics Online Learning Experience! Check out www.quickienomics.com for the full video and description!
Views: 3205 Quickienomics
If the video is blured , use the setting at the right bottom corner of the player and change it to 480p or higher. This gives a basic understanding about Savings and Investment approach to Equilibrium Income Determination. It has been prepared mainly to help the II ISC students. I believe it will be beneficial to others also. For more videos on Economics and Statistics, visit my BLOG http://economics-nallasivam.blogspot.in Send your feed back to - [email protected]
Views: 3360 Vellaichamy Nallasivam
What is the difference between a savings vehicle and an investment vehicle? The answer may be obvious, but we do not focus enough on the difference in our financial planning. Too often we take money that we are unwilling to lose and put it at risk in investment vehicles. What do the wealthy do? They certainly do not put all their money at risk. They also do not take unnecessary risk. The wealthy put money into safe savings vehicles, and then use those safe vehicles to fund investments when they have calculated opportunities that they know will be profitable. This way, they continue to keep their money safe. The number one rule of investing is don't lose money. -------------------------------------------------------------------------------------------------------------- Learn everything you need to know, and more, about the Infinite Banking Concept and high cash value life insurance by signing up for our free videos and books at... http://BankingforLife.org/Infinite-Banking/ Also, don't forget, you can learn also purchase my newest book, "The Simple Banking System." Get it on Amazon - http://www.amazon.com/Simple-Banking-System-insurance-investment/dp/1490911340/ref=sr_1_1_bnp_1_pap?ie=UTF8&qid=1373875495&sr=8-1&keywords=the+simple+banking+system Or on Kindle - http://www.amazon.com/The-Simple-Banking-System-ebook/dp/B00DUYBUWU/ref=sr_1_1?ie=UTF8&qid=1373875495&sr=8-1&keywords=the+simple+banking+system
Views: 6726 Infinite Banking
ISC Board Examination Question 2017. It can be used by all - BA, MA, CPT etc. For More lessons visit http://economics-nallasivam.blogspot.in https:/www.youtube.com/c/vellaichamynallasivam Send your feedback to – [email protected]
Views: 4366 Mirdhul Mahadev
Savings in an economy depends on the level of national income. Income that is not spent by household sector on consumption expenditure is saved. Thus, Savings (S) = Income (Y) - Consumption (C). This video explains the relationship of savings with different levels of income and corresponding consumption with the help of a savings schedule and a graph.
Views: 10288 100Centum
This video explains circular flow of income in a two sector model with saving and investment. Detailed explanation of leakage and injection is given with appropriate example. previous video - circular flow of income - 2 sector model ( link - https://youtu.be/mYw1KPiXXuQ ) Next video - Circular flow of income - 3 & 4 Sector model (link - https://youtu.be/6N1DTpNYI5Y )
Views: 340 Economics4Students
Revision Consumption Savings and Investment - Macroeconomics Lecture # 12(B) Subscribe this channel to get more knowledge,Lectures,Presentations etc. Youtube: https://www.youtube.com/channel/UCuBvNmo-Q42RPTisa-b1_-w?sub_confirmation=1 Facebook: https://www.facebook.com/g8knowledge Twitter: https://www.twitter.com/g8knowledge Instragram: https://www.instagram.com/knowledgeget Course Description: The course introduces the students to the fundamentals of economics and how economy operates. The topics included are introduction to macroeconomics, law of demand and supply, fiscal and monetary policy and financial institutions, and use of economic indicators to forecast an economic growth. Course Objective: The objective of this course is that the students will have the basic knowledge of the economic concepts and phenomena be able to understand the working of an economy in an international context and will have an understanding about major economic issues and problems of the day. Macroeconomic factors and policies that affect the business activities in an open economy. The students will also have an insight into the functioning of macroeconomic activities and also macroeconomic indicators. They will be able to view the economy in global perspective. After completing the course the students will be able to apply the principles of macroeconomics to solve economic problems being faced by both public and private sectors of Pakistan. Learning Outcome: At the end of this course it is expected that the student should be able to: 1. Identify the circular flow of output, expenditure and incomes in an economy. 2. Make a distinction between injections and withdrawals from the circular flow of income. 3. The overall functioning of the economy. 4. The key role of macroeconomic indicators in understanding the economy. 5. Understand the concept of macroeconomic equilibrium and implications for the management of the business cycle. 6. To understand the fluctuations of business cycles about trend in real GDP. 7. The revolution that came in the area of economics through the efforts of Keynes. 8. Discuss and compare the Keynesian theory with the classical theory. 9. The role of fiscal and monetary policy in stabilizing the economy. 10. Describe the tools used by the central bank to conduct its monetary policy. 11. Describe the recent history of federal expenditures, tax revenues, and budget deficit. 12. Analyze the importance of international trade to the Pakistan economy and evaluate the effects of government policy measures on the exchange rate and trade. Course Contents: Topics to be covered Consumption function The Multiplier Autonomous consumption Induced consumption Marginal Propensity to Consume The Consumption Function Savings The Simple Theory of Investment The Investment Function Consumption and Investment Functions Equilibrium National Income Investment Multiplier
Views: 2048 Get Knowledge
Intuition as to why high real interest rates lead to low investment and why low rates lead to high investment Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/income-and-expenditure-topic/is-lm-model-tutorial/v/connecting-the-keynesian-cross-to-the-is-curve?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/income-and-expenditure-topic/keynesian-cross-tutorial/v/keynesian-cross-and-the-multiplier?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 181309 Khan Academy
MACROECONOMICS WITH DR. SHERAZ MSc (Economics): Quaid-e-Azam University, Islamabad M.phil (Economics - University of York, UK) PhD (Political Economy - University of York, UK) [email protected] Suggested Books: Macroeconomics by Abel, Bernanke and Croushore Economics by Mcconnell, Brue, Flynn and Grant Principles of Macroeconomics by Mankiw
Views: 610 ECONOMICS WITH DR. SHERAZ MUSTAFA
Transcript: 1 In macroeconomics, we study the economy of one country. 2 Then try to understand how 2 countries interact and trade. 3 And hopefully, understand the global economy. 4 So today, we are going to study the circular flow of income. 5 Let’s make things really simple. 5 Imagine we are alone on an isolated island. There’s no government, no trade, no savings. I told you, it's simple! 6 There’s only firms and households. (2-sector economy: firms + households (closed economy)) 7 Firms provide households with goods and services. 7 Out of thin air? 7 Nah.. 8 Firms gotta get factors of production from households. 8 It can be labor, land, capital or… 8 Face it. Some of us in households are going to be entrepreneurs. (For more information on factors of production: check out this video) 8 So…entrepreneurship. 9 For free? You wish! 9 We don’t get freebies from firms. 9 We don’t provide labor for free either. 10 So there’s money flowing in the opposite direction. 11 Households gotta pay firms for the goods they get. 12 Firms also gotta pay households in the form of wages, rents, interests or profits. 12 But this is a little weird. 12 We don’t spend everything we earn in real life. 13 So let’s add savings. 13 Savings is money we don’t spend. 13 So there’s money flowing out. 14 Hey, savings don’t just sit in banks… 14 Banks invest in firms by lending to them. 14 Cos firms need money to buy capital equipment or cover other costs of production. 14 So there's investments flowing into the economy. 14 Bravo! Awesome! 14 But this is a little too simplified. 15 Let’s add government. (3 sector economy: firms + households + government) 15 Government buys stuff as well. 15 So there’s money flowing in. 16 Government gets money from taxes. 16 Taxes. So there’s money flowing out. 16 Cos for the money we’re paying as taxes, we cannoyt spend it. 17 Lastly, countries interact with one another. 17 Imagine this is an American economy. 18 Let’s add trade. (4 sector economy: firms + households + government + foreign sector) 18 America imports stuff. 18 For example, America can import shoes from China. 18 Shoes flow from China into America. 19 And money spent on imports flows out of America into China. 19 America exports too. 19 America can produce software 19 and export it to foreigners, 20 Money then flows from foreign countries into America. 20 This is America's export earnings. 21 Investments, Government Spending and Export earnings are called Injections. 21 Cos money is flowing in. 22 Savings, taxes and import spending are called leakages or withdrawals. 22 Cos money leaks out of the system. And hey, injections and leakages are sort of related. Investments come from savings. Government spending comes from taxes. America makes money from foreigners by exporting. But foreigners also make money from America when America imports. Wow…no wonder it's Circular Flow of Income It tells us roughly how an economy functions. 23 How do we measure the size of an economy then? 24 By measuring Gross Domestic Product or GDP. 24 GDP is the total value of all final goods and services produced within the borders of a country during a given period. 25 Why must it be FINAL goods and services? (Hint: it's in the next video) 26 If you like this video, remember to like and subscribe. 27 Next up: Measuring GDP: Output Approach _______________________________________________ How does an economy function? Look at the Circular Flow of Income. Who are the major players in an economy? In order of increasing complexity, there are: 2-sector economy: households + firms 3-sector economy: households + firms + government 4-sector economy: households + firms + government + foreign sector There are real goods and services flowing in one direction in the circular flow of income and money flowing in the opposite direction. When money flowing to the country, it's called injections. When money flows out, it's called withdrawals or leakages. Injections consist of government spending, investments and exports. Leakages or withdrawals include imports, taxes and savings. Injections and leakages/withdrawals are related to each other. This is because government spending comes from tax revenues and investments, at least the local component, come from savings. That said, investments can flow from foreign countries in the form of foreign direct investments (FDI). Lastly, while money can flow from foreign countries when we export overseas, money also leaks out of the country because we import. Important definitions: Gross Domestic Product or GDP is the total value of all final goods and services produced within the borders of a country during a given period. Use flashcards to remember these definitions in economics: http://www.memrise.com/course/461808/economics-101/
Views: 124979 Economics Mafia
Coverage: Private Savings, Disposable income, Consumption, Marginal propensity to save, Investment, Interest rate, profits, confidence Macroeconomics - 12: Closed Market Economy (No trade, No gov't): http://www.youtube.com/watch?v=gWD0sTokZ_8 Macroeconomics - 14: Equilibrium(No trade, no gov't): http://www.youtube.com/watch?v=sfWrIthVLZY ** Please rate, comment, and subscribe!
Views: 20232 CourseHack
Recorded with http://screencast-o-matic.com
Views: 2956 MICHAEL WILBER
Peter Schiff is an American businessman, investment broker, author and financial commentator. Schiff is CEO and chief global strategist of Euro Pacific Capital Inc. He also hosts his own podcast called "The Peter Schiff Podcast" available on iTunes and at SchiffRadio.com
Views: 1277713 PowerfulJRE
McShane lectures on the fundamental meaning of credit and examines the claim that savings are equal to investments.
Views: 50 Philip McShane
Alex Merced discusses what he sees as flaws in the Keynesian doctrine DONATE TO ALEX HERE - http://bit.ly/gaONDQ Alexs Amazon Bookstore - http://astore.amazon.com/alexmercom-20 Please Help Support the efforts of Alex Merced and AlexMerced.com and purchase from these affiliates: PUMA - Buy Shoes!!! (I do love Pumas) http://bit.ly/dZKDYT Barnes & Noble - Buy Books (Rothbard, Mises, so many books to choose from) http://bit.ly/g4LDji
Views: 645 Alex Merced
-- Created using Powtoon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Views: 234 Rhea Marie Jasmin
See more videos at: http://talkboard.com.au/ In this video, we look at how the pool of national savings can affect the goal of external stability. National savings is an important factor when it comes to determining interest rates, the level of domestic and foreign investment and consequently our external stability.
Views: 1999 talkboard.com.au
Savings and Aggregate Demand - Determinants of Savings. A video covering Savings and Aggregate Demand - Determinants of Savings Instagram @econplusdal Twitter: https://twitter.com/econplusdal Facebook: https://www.facebook.com/EconplusDal-1651992015061685/?ref=aymt_homepage_panel
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