Khan Academy – some great presentations on Macro and Micro

Below is one of many really good presentations on macro and micro economics from the Khan Academy. They are particularly useful for the more theoretical parts of the course and include just about every topic in the AS/A2 syllabus as well as other presentations on current economic issues like the one below. Here they are looking at the difference between quantitative easing in the US and in Japan. Well worth a look.

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  1. Simon
    March 12, 2012 at 7:58 pm

    The difference escapes me and the narrator IMOP failed to highlight any difference. Japan printed money and so did the US. The video makes an essentially simple thing appear more difficult and abstract than it is.

    The banks have more money and its cheaper. Why? because the central bank as the issuer of currency made more appear. Who lost out? The saver. Except that in Japan rather than inflation, deflation has been the issue for the last upteen years. That is where things get interesting and abstract. The purpose of printing money was to stimulate demand but it failed to do that. That is where the conversation starts and continues to get more and more interesting.

  2. Simon
    March 15, 2012 at 9:52 pm

    I visited the Khan Academy. Its a great site!

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