Macroeconomic Principles

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FREE

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  • TBA

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edX online courses
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Harvard University, the Massachusetts Institute of Technology, and the University of California, Berkeley, are just some of the schools that you have at your fingertips with edX. Through massive open online courses (MOOCs) from the world's best universities, you can develop your knowledge in literature, math, history, food and nutrition, and more. These online classes are taught by highly-regarded experts in the field. If you take a class on computer science through Harvard, you may be taught by David J. Malan, a senior lecturer on computer science at Harvard University for the School of Engineering and Applied Sciences. But there's not just one professor - you have access to the entire teaching staff, allowing you to receive feedback on assignments straight from the experts. Pursue a Verified Certificate to document your achievements and use your coursework for job and school applications, promotions, and more. EdX also works with top universities to conduct research, allowing them to learn more about learning. Using their findings, edX is able to provide students with the best and most effective courses, constantly enhancing the student experience.

Provider Subject Specialization
Sciences & Technology
Business & Management
22464 reviews

Course Description

The macroeconomy is the sum of all our productive efforts, spending, and income. Economic outcomes are the result of our complex interactions with other people, businesses, the government, as well as with people and businesses globally. In this economics course, you will learn the basic stylized framework that economists use to think about, account for, measure and explain these complex interactions and outcomes.

In the first half of the course, we consider how households decide how much to work and how to spend and save money. We will also look at how businesses make economic decisions such as how many workers to hire and how many machines and buildings to use to produce their products.

In the second half of the course, we consider how different policies can potentially enhance or distort market outcomes by offsetting, alleviating, or amplifying these inefficiencies. Our focus will be on five aspects of economic policy:

    ...

The macroeconomy is the sum of all our productive efforts, spending, and income. Economic outcomes are the result of our complex interactions with other people, businesses, the government, as well as with people and businesses globally. In this economics course, you will learn the basic stylized framework that economists use to think about, account for, measure and explain these complex interactions and outcomes.

In the first half of the course, we consider how households decide how much to work and how to spend and save money. We will also look at how businesses make economic decisions such as how many workers to hire and how many machines and buildings to use to produce their products.

In the second half of the course, we consider how different policies can potentially enhance or distort market outcomes by offsetting, alleviating, or amplifying these inefficiencies. Our focus will be on five aspects of economic policy:

  • labor market policies and unemployment
  • R&D and innovation policies
  • fiscal policies and taxation
  • monetary policy and inflation 
  • free-trade policies

This course satisfies the Social-Behavioral Sciences (SB) general studies requirement at Arizona State University. This course may satisfy a general education requirement at other institutions; however, it is strongly encouraged that you consult with your institution of choice to determine how these credits will be applied to their degree requirements prior to transferring the credit.

Reviews 9/10 stars
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10/10 starsTaking Now
2 years ago
Halfway through the course, I can testify it is really outstanding. Pros: - well-crafted slides - interactive graphs - great amount of work and dedication was put into the course - you'll learn a lot, regardless of having some or no former experience in Economics - good difficulty level: not easy but if you muster the required effort (which is not to underestimate), you should do fine - responsive staff Cons: - typos here and there (but then again it's the first run) - if you don't like reading much, if you have little time or if you're a slow reader because of problems with English, the course is probably not for you
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