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Principles of Macroeconomics 2e, The Neoclassical Perspective, The Policy Implications of the Neoclassical Perspective
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CC BY
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By the end of this section, you will be able to:

Discuss why and how economists measure inflation expectations
Analyze the impacts of fiscal and monetary policy on aggregate supply and aggregate demand
Explain the neoclassical Phillips curve, noting its tradeoff between inflation and unemployment
Identify clear distinctions between neoclassical economics and Keynesian economics

Subject:
Mathematics
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021
Principles of Macroeconomics 2e, Unemployment, How Economists Define and Compute Unemployment Rate
Unrestricted Use
CC BY
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By the end of this section, you will be able to:

Calculate the labor force participation rate and the unemployment rate
Explain hidden unemployment and what it means to be in or out of the labor force
Evaluate the collection and interpretation of unemployment data

Subject:
Applied Science
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021
Principles of Macroeconomics 2e, Unemployment, What Causes Changes in Unemployment over the Long Run
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CC BY
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By the end of this section, you will be able to:

Explain frictional and structural unemployment
Assess relationships between the natural rate of employment and potential real GDP, productivity, and public policy
Identify recent patterns in the natural rate of employment
Propose ways to combat unemployment

Subject:
Applied Science
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021
Principles of Macroeconomics 2e, Unemployment, What Causes Changes in Unemployment over the Short Run
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CC BY
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By the end of this section, you will be able to:

Analyze cyclical unemployment
Explain the relationship between sticky wages and employment using various economic arguments
Apply supply and demand models to unemployment and wages

Subject:
Applied Science
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021
Principles of Macroeconomics 2e, Welcome to Economics!, How Economists Use Theories and Models to Understand Economic Issues
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CC BY
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By the end of this section, you will be able to:Interpret a circular flow diagramExplain the importance of economic theories and modelsDescribe goods and services markets and labor markets

Subject:
Economics
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021
Principles of Macroeconomics 2e, Welcome to Economics!, How To Organize Economies: An Overview of Economic Systems
Unrestricted Use
CC BY
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By the end of this section, you will be able to:Contrast traditional economies, command economies, and market economiesExplain gross domestic product (GDP)Assess the importance and effects of globalization

Subject:
Applied Science
Economics
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021
Principles of Macroeconomics 2e, Welcome to Economics!, What Is Economics, and Why Is It Important?
Unrestricted Use
CC BY
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By the end of this section, you will be able to:Discuss the importance of studying economicsExplain the relationship between production and division of laborEvaluate the significance of scarcity

Subject:
Applied Science
Economics
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021
Psychology, Biopsychology, Cells of the Nervous System
Conditional Remix & Share Permitted
CC BY-NC
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By the end of this section, you will be able to:Identify the basic parts of a neuronDescribe how neurons communicate with each otherExplain how drugs act as agonists or antagonists for a given neurotransmitter system

Subject:
Psychology
Social Science
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021
Psychology, Biopsychology, Human Genetics
Conditional Remix & Share Permitted
CC BY-NC
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By the end of this section, you will be able to:Explain the basic principles of the theory of evolution by natural selectionDescribe the differences between genotype and phenotypeDiscuss how gene-environment interactions are critical for expression of physical and psychological characteristics

Subject:
Psychology
Social Science
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021
Psychology, Biopsychology, Parts of the Nervous System
Conditional Remix & Share Permitted
CC BY-NC
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By the end of this section, you will be able to:Describe the difference between the central and peripheral nervous systemsExplain the difference between the somatic and autonomic nervous systemsDifferentiate between the sympathetic and parasympathetic divisions of the autonomic nervous system

Subject:
Psychology
Social Science
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021
Psychology, Biopsychology, The Brain and Spinal Cord
Conditional Remix & Share Permitted
CC BY-NC
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By the end of this section, you will be able to:Explain the functions of the spinal cordIdentify the hemispheres and lobes of the brainDescribe the types of techniques available to clinicians and researchers to image or scan the brain

Subject:
Psychology
Social Science
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021
Psychology, Biopsychology, The Endocrine System
Conditional Remix & Share Permitted
CC BY-NC
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By the end of this section, you will be able to:Identify the major glands of the endocrine systemIdentify the hormones secreted by each glandDescribe each hormone’s role in regulating bodily functions

Subject:
Psychology
Social Science
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021
Psychology, Emotion and Motivation, Emotion
Conditional Remix & Share Permitted
CC BY-NC
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By the end of this section, you will be able to:Explain the major theories of emotionDescribe the role that limbic structures play in emotional processingUnderstand the ubiquitous nature of producing and recognizing emotional expression

Subject:
Psychology
Social Science
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021