The Macroeconomics 2020

Tags: Economics

Aggregate Output and Economic Growth. Business Cycles. Monetary and Fiscal Policy. International Trade and Capital Flows

Last updated 2022-01-10 | 4.5

- Acquire a solid understanding of key economic relationships
- Understand business cycles
- Explain economic growth indicators

What you'll learn

Acquire a solid understanding of key economic relationships
Understand business cycles
Explain economic growth indicators
Learn about the benefits and costs of international trade
Understand the rationale behind Monetary and Fiscal Policy
How Macroeconomics facilitate financial analysis

* Requirements

* No prior experience is required. We will start from the very basics.

Description

Do I need to study Macroeconomics?

Yes, you do!

Macroeconomics explores the scope and behavior of the economy as a whole. If you can’t wait to learn how countries "generate" national output, why unemployment prevents economic growth, and how to measure inflation, we have good news - this course is tailored just for you!

The main benefit of the course is that it helps you understand the causes and effects of nations’ economic decisions. After completing it, you’ll become a well-versed and knowledgeable participant in the current globalized markets.

And this is essential if you are:

Finance Manager

Sales Manager

Investor

In fact, the course facilitates individuals who just want to cushion themselves from the upcoming economic uncertainty. Knowledge is the most powerful weapon for all, especially in times of crisis!

We will tackle four main areas of Macroeconomics with practical examples and challenges aiming to reinforce what you have learned. The course is beautifully animated, easy to follow and interactive. Our goal is to deliver the ultimate training experience for you! Here they are:

1. Aggregate Output & Economic Growth

What is GDP? Applying Expenditure and Income approaches to measure GDP. Aggregate demand and supply. Macroeconomic Equilibrium. Sources, measurement, and sustainability of economic growth. The Solow's production function.

2. Business Cycles

Business cycle phases and their relationship with factors of production, the housing market, and the external trade sector. Types and measures of unemployment. Definitions of inflation, hyperinflation, disinflation, and deflation. Cost-push and demand-pull inflation. Major economic indicators.

3. Monetary and Fiscal Policy

Functions of Money. Definitions of Money. The money creation process. The Quantity Theory of Money. The Fisher Effect. The monetary transmission mechanism. Roles and objectives of monetary/fiscal policy. Limitations of monetary/fiscal policy. Costs of expected and unexpected inflation. Effective tax policy. Qualities of effective central banks. The interaction between monetary and fiscal policy.

4. International Trade and Capital Flows

Gross Domestic Product vs. Gross National Product. Absolute advantage vs. Comparative Advantage. Ricardian and Hecksher-Ohlin models of trade. Types of trade and capital restrictions and their economic implications. The Balance of Payments. Functions and objectives of major international organizations that facilitate trade.

We are happy to offer an unconditional 30-day money-back in full guarantee. No risk for you. The content of the course is excellent, and this is a no-brainer for us, as we are certain you will love it.

Why wait? Every day is a missed opportunity.

Click the “Buy Now” button and become a part of our Macroeconomics training today.


Who this course is for:

  • University students in Economics, Business, Finance
  • Everyone interested in economic trends, capital markets, and investments
  • Financial analysts

Course content

6 sections • 72 lectures

What is GDP? Preview 06:03

GDP Calculation (continued) Preview 02:08

Nominal and Real GDP Preview 09:30

The Expenditure Approach Preview 08:18

The Income Approach Preview 07:24

Fiscal Balance and Trade Balance Preview 03:05

Aggregate Demand Preview 09:46

Aggregate Supply Preview 02:31

Shifts in Aggregate Demand Preview 05:37

Shifts in Aggregate Supply Preview 07:07

The Macroeconomic Equilibrium Preview 06:15

The Effects of Combined Changes in Aggregate Demand and Supply Preview 01:31

Sources, Measurement, and Sustainability of Economic Growth Preview 08:43

The Production Function Preview 05:07

Practice Questions Preview 00:00

Practice Questions + Answers Preview 00:01

Business Cycle Phases Preview 05:28

Resource Use and the Business Cycle Preview 05:44

The Housing Market and the Business Cycle Preview 04:01

External Trade and the Business Cycle Preview 04:06

Theories of the Business Cycle Preview 07:57

Types of Unemployment Preview 05:19

Measures of Unemployment Preview 04:48

Inflation Preview 04:29

Indexes Used to Measure Inflation Preview 07:33

Uses and Limitations of Inflation Measures Preview 05:26

Cost-push and Demand-pull Inflation Preview 09:05

Types of Economic Indicators Preview 03:49

Practice Questions Preview 00:00

Practice Questions + Answers Preview 00:01

Introduction to Monetary and Fiscal Policy Preview 03:23

Functions of Money Preview 02:43

Definitions of Money Preview 01:07

The Money Creation Process Preview 03:59

The Quantity Theory of Money Preview 01:34

Theories of Money Demand and Supply Preview 04:47

The Fisher Effect Preview 02:32

Roles and Objectives of Central Banks Preview 05:22

Costs of Expected and Unexpected Inflation Preview 03:53

Monetary Policy Tools Preview 03:00

The Monetary Transmission Mechanism Preview 04:43

Qualities of Effective Central Banks Preview 03:53

The Relationship between Monetary Policy and Economic Growth Preview 03:45

Inflation, Interest Rate and Exchange Rate Targeting Preview 03:07

Expansionary or Contractionary Monetary Policy? Preview 02:23

Limitations of Monetary Policy Preview 05:29

Roles and Objectives of Fiscal Policy Preview 05:19

Fiscal Policy Tools Preview 04:44

Effective Tax Policy Preview 02:41

Modeling the Impact of Taxes and Government Spending Preview 07:01

The Ricardian Equivalence Preview 02:54

National Debt to GDP - does it matter? Preview 04:35

Fiscal Policy Limitations Preview 01:52

Expansionary or Contractionary Fiscal Policy? Preview 02:38

Interaction between Monetary and Fiscal Policy Preview 02:40

Practice Questions Preview 00:00

Practice Questions + Answers Preview 00:01

Gross Domestic Product vs. Gross National Product Preview 02:14

Costs and Benefits of International Trade Preview 04:10

Comparative Advantage vs. Absolute Advantage Preview 06:15

The Ricardian and Heckscher_Ohlin Models of Trade Preview 03:58

Trade Restrictions Preview 07:14

Trading Blocs Preview 03:30

Capital Restrictions Preview 03:21

The Balance of Payments Preview 05:40

The Balance of Payments (continued) Preview 03:26

International Trade Organizations Preview 03:14

Practice Questions Preview 00:00

Practice Questions + Answers Preview 00:01