Macroeconomics: An Introduction

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Online

$ Price $800.00

Delivery type Live class

Capacity Unlimited

Level All levels

Duration 28 Hours

Lessons 5

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Overview

This course introduces you to the key concepts of macroeconomics, including national income, inflation, unemployment, fiscal policy, and monetary policy. You will gain a practical understanding of how macroeconomic theory applies to real-world economic issues and challenges. The course emphasizes the application of macroeconomic principles to contemporary economic events and policy decisions.

Through analysis of economic measurement, government policy tools, and global economic systems, you will develop the ability to understand and evaluate the economic forces that shape nations and the world.

What You Will Learn

Define and explain the key principles of macroeconomics including national income, GDP, and economic output
Analyze how government fiscal and monetary policies influence economic growth and stability
Understand the types and causes of unemployment and the relationship between inflation and unemployment
Examine the impact of globalization on national economies, including trade and exchange rates
Evaluate macroeconomic challenges in the modern world such as inequality, debt, and climate change
Apply macroeconomic theory to real-world case studies including financial crises and government policy responses

Course Curriculum

Module	What you cover
Introduction to Macroeconomics	Definitions and scope of macroeconomics. Understanding national income, GDP, and economic output. The role of government in the economy through fiscal and monetary policy.
Economic Growth and Development	Measuring economic growth through GDP and other indicators. Factors influencing economic growth including capital, labor, technology, and institutions. Distinction between economic development and economic growth.
Unemployment and Inflation	Types and causes of unemployment. The Phillips Curve and the relationship between inflation and unemployment. Theories and policies for controlling inflation.
Fiscal and Monetary Policy	Understanding government spending, taxation, and budget deficits. The role of central banks and monetary policy tools. Case studies of fiscal and monetary policy in practice including the 2008 financial crisis and COVID-19 economic response.
Macroeconomic Issues and Globalization	The impact of globalization on national economies. Trade, exchange rates, and international monetary systems. Macroeconomic challenges including inequality, debt, and climate change.