This lesson is about the circular flow model.
These lessons introduce Gross Domestic Product (GDP) and how it is measured. The videos below will help you understand the concept and some calculations you will need to be able to do.
This lesson is about inflation and how it is measure. The first two videos below will help you with the calculations for the CPI and GDP deflator which are the two main ways to measure inflation. The third video will help you compare nominal and real values (such as wages)
This lesson is about unemployment. Pay particular attention to where he talks about the natural rate of unemployment in the video. this will come up again in module 6.