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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.
Introduction
Aggregate Output and Economic Growth
Business Cycles
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4What is GDP?
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5GDP Calculation (continued)
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6Nominal and Real GDP
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7The Expenditure Approach
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8The Income Approach
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9Fiscal Balance and Trade Balance
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10Aggregate Demand
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11Aggregate Supply
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12Shifts in Aggregate Demand
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13Shifts in Aggregate Supply
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14The Macroeconomic Equilibrium
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15The Effects of Combined Changes in Aggregate Demand and Supply
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16Sources, Measurement, and Sustainability of Economic Growth
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17The Production Function
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18Practice Questions
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19Practice Questions + Answers
Monetary and Fiscal Policy
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20Business Cycle Phases
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21Resource Use and the Business Cycle
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22The Housing Market and the Business Cycle
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23External Trade and the Business Cycle
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24Theories of the Business Cycle
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25Types of Unemployment
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26Measures of Unemployment
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27Inflation
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28Indexes Used to Measure Inflation
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29Uses and Limitations of Inflation Measures
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30Cost-push and Demand-pull Inflation
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31Types of Economic Indicators
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32Practice Questions
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33Practice Questions + Answers
International Trade
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34Introduction to Monetary and Fiscal Policy
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35Functions of Money
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36Definitions of Money
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37The Money Creation Process
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38The Quantity Theory of Money
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39Theories of Money Demand and Supply
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40The Fisher Effect
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41Roles and Objectives of Central Banks
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42Costs of Expected and Unexpected Inflation
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43Monetary Policy Tools
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44The Monetary Transmission Mechanism
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45Qualities of Effective Central Banks
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46The Relationship between Monetary Policy and Economic Growth
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47Inflation, Interest Rate and Exchange Rate Targeting
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48Expansionary or Contractionary Monetary Policy?
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49Limitations of Monetary Policy
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50Roles and Objectives of Fiscal Policy
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51Fiscal Policy Tools
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52Effective Tax Policy
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53Modeling the Impact of Taxes and Government Spending
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54The Ricardian Equivalence
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55National Debt to GDP - does it matter?
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56Fiscal Policy Limitations
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57Expansionary or Contractionary Fiscal Policy?
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58Interaction between Monetary and Fiscal Policy
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59Practice Questions
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60Practice Questions + Answers