Macroeconomics: Crash Course Economics

The video introduces macroeconomics, focusing on its history, key goals, and measurements like GDP, unemployment, and inflation. It explains the business cycle and the government's role in economic stability. The video emphasizes understanding these concepts to make informed decisions.

What are the three types of unemployment discussed in the video?

How do inflation and deflation impact the economy?

What is the business cycle and what does it entail?

Discuss the role of government in managing the economy according to the video.