Overview of Macroeconomics
Deepen your understanding of macroeconomics by seeing how GDP, GDI, supply and demand, population and income come together to affect our living standards.
This free online course on macroeconomics describes the flow of resources within an economy and explores the factors surrounding demand, supply and equilibrium. It also demonstrates the relationship between gross domestic product and economic well being. By the end, you will be able to describe and understand the circular flow of income within an economy and understand the impact of macroeconomics.
What You Will Learn In This Free Course
Demand and Supply
This module expounds on the key aspects surrounding Demand, Supply, Equilibrium price and quantity. It consists of topics that cover the following aspects: Demand for Goods and Services, Supply for Goods and Services, Demand, Supply, and Equilibrium, Putting Demand and Supply to Work, Government Intervention in Market Prices.
An Introduction to Macroeconomics
This module discusses the field of macroeconomics, its key terminologies, pointers and factors to consider in the study of macroeconomics. You will cover the following insightful topics: Differences between Macroeconomics and Microeconomics, Economic growth and how to measure it and the law of diminishing returns.
Macroeconomics: Goals, Measures, and Challenges
This module explains the goals, measures and challenges faced in macroeconomics. The topic breaks down the various components that are critical in measuring the total output and total income. It also covers aspects that relate Gross Domestic Product (GDP) and Economic well being. Several techniques for measuring GDP are also well articulated.
Course assessment
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