Principles of Economics: Macroeconomics - The Big Picture
This course is part of A Story of Economics: A Principles Tale Specialization
Instructor: James DeNicco
Skills you'll gain
There are 9 modules in this course
Through course lectures, quizzes, discussions, and problem sets, my hope is that you'll be able to digest economic news with a more discerning viewpoint, and have a more informed view about the cost and benefits of economic policy. Finally, my hope is that you've learned to look at the world around you through the eyes of an economist. By the end of this course you should be able to: 1. Describe how GDP is used to measure macroeconomic performance. 2. Describe how inflation is used to measure macroeconomic performance. 3. Describe how unemployment rates and participation rates are used to measure macroeconomic performance. 4. Identify the primary sources of economic growth and explain the observed cross- country differences in income per capita. 5. Define savings and explain the factors influencing financial flows and international trade. 6. Identify the function of the federal reserve, describe the relationship between nominal interest rates, money demand and money supply, and describe the relationship between exchange rates and Net Exports. 7. Explain the interaction between aggregate demand and aggregate supply to determine the price level, real GDP, and employment. 8. Describe the role of government and analyze policy responses to business cycle shocks
Module 1 - Macro Measures
Module 2 - Economic Growth
Module 3 - Labor Markets
Module 4 - Savings and Consumption
Module 5 - Savings and Investment
Module 6 - Money and Monetary Policy
Module 7 - Aggregate Supply and Demand
Module 8 - Fiscal Policy
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