Introduction to Economics: Macroeconomics (edX)

Introduction to Economics: Macroeconomics (edX)
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This is an introductory course at the most elementary level so no prior knowledge of economics is required.
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Introduction to Economics: Macroeconomics (edX)
Learn how a national economy works, including the determination of equilibrium levels of national income and prices. In this economics course, you will learn some of the major concepts of macroeconomics, such as gross domestic product, price level, inflation, unemployment, economic growth and the balance of payments.

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You will see that macroeconomics is not that different from microeconomics, in that the interaction of supply and demand provides the basic organizing framework for analyzing the workings of a national economy. You will learn how the equilibrium levels of national income and prices are determined at the intersection of aggregate supply and aggregate demand curves, just as the equilibrium quantity of transaction and price of an individual commodity is determined at the intersection of supply and demand curves.

This is an introductory course at the most elementary level so no prior knowledge of economics is required.


What you'll learn:

- Determination of national income and price level

- How to interpret and understand macroeconomic events such as unemployment, inflation and the balance of payments

- How to analyze the workings of a national economy


Syllabus


Week 1: Basics of Macroeconomics

Week 2: Aggregate Demand and Aggregate Supply

Week 3: Business Cycles, Unemployment and Inflation

Week 4: Economic Stabilization Policies

Week 5: Economic Growth and Development

Week 6: Theories of International Trade



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Course Auditing
42.00 EUR
This is an introductory course at the most elementary level so no prior knowledge of economics is required.

MOOC List is learner-supported. When you buy through links on our site, we may earn an affiliate commission.