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There are 7 modules in this course
Understand how economies grow, how governments manage economic stability, and how global trade shapes modern financial systems. Learn to analyze GDP, inflation, monetary policy, fiscal policy, and international trade using practical macroeconomic frameworks.
This course provides a structured introduction to macroeconomics by combining economic measurement, policy analysis, and global trade concepts into one comprehensive learning experience. You’ll explore how economists measure economic activity through GDP, national income accounting, price indices, and economic indicators while learning how inflation, productivity, and business cycles affect economic performance.
Through practical examples and analytical models, you’ll examine macroeconomic equilibrium using the IS–LM framework, aggregate demand analysis, and monetary policy tools used by central banks. The course also explores fiscal policy, government deficits, fiscal multipliers, and stabilization strategies used to manage economic fluctuations and support growth.
A unique feature of this course is its integration of macroeconomic indicators, policy frameworks, and international trade analysis. You’ll also study comparative advantage, trade agreements, balance of payments, and global trade systems to understand how economies interact in an interconnected world.
By the end of the course, you’ll be able to interpret macroeconomic data, evaluate policy impacts, analyze economic trends, and apply macroeconomic reasoning to finance, business, and public policy decisions.
This module introduces the fundamental concepts used to measure economic activity, including GDP, national income, personal income, and savings–investment relationships. Learners explore how economists interpret production, income distribution, and financial flows to understand the size and structure of an economy.
What's included
7 videos4 assignments
Show info about module content
7 videos•Total 19 minutes
Compare Nominal GDF•3 minutes
GDP Deflator•2 minutes
Compare GDP and National Income•3 minutes
Personal Income•3 minutes
Personal Disposable Income•1 minute
Compare Saving and Investments•5 minutes
IS and LM Curve Part 1•3 minutes
4 assignments•Total 60 minutes
Graded - Foundations of National Income & Economic Activity•30 minutes
Measuring the Size of an Economy•10 minutes
Understanding Personal Income•10 minutes
Savings, Investment & the Macroeconomic Framework•10 minutes
Macroeconomic Equilibrium & Demand Dynamics
Module 2•2 hours to complete
Module details
This module examines macroeconomic equilibrium through the IS–LM framework, money supply dynamics, and aggregate demand analysis. Learners explore how monetary policy and interest rates influence investment, consumption, and overall economic activity.
Aggregate Demand and Monetary Expansion•10 minutes
Long-Run Supply and Economic Fluctuations•10 minutes
Economic Growth & Business Cycles
Module 3•2 hours to complete
Module details
This module explores the sources and measurement of economic growth, the production function approach, and the dynamics of business cycles. Learners study how productivity, technology, and capital accumulation drive long-term economic performance.
What's included
7 videos4 assignments
Show info about module content
7 videos•Total 45 minutes
Implication for Analysis•7 minutes
Sources and Measurement of Economic Growth•7 minutes
Describe the Production Function Approach•8 minutes
Understanding Business Cycle•6 minutes
Describe what Happens Inventory Levels•6 minutes
Inflation•3 minutes
Construction of Indices•8 minutes
4 assignments•Total 60 minutes
Graded - Economic Growth & Business Cycles•30 minutes
Interpreting Economic Analysis•10 minutes
Understanding the Business Cycle•10 minutes
Inflation and Price Measurement•10 minutes
Inflation Analysis & Economic Indicators
Module 4•2 hours to complete
Module details
This module focuses on inflation analysis and the use of economic indicators to assess macroeconomic conditions. Learners examine how inflation indices are constructed and compare different measures used by economists and policymakers.
This module introduces the functions and qualities of money, major monetary theories, and the role of central banks in managing economic stability. Learners explore central bank objectives, policy tools, and interest rate mechanisms used to control inflation and liquidity.
What's included
7 videos4 assignments
Show info about module content
7 videos•Total 36 minutes
Theories of Money•5 minutes
Central Bank Interest Rate•4 minutes
Roles and Objectives of Central Bank•7 minutes
Role and Objectives of Central Bank•4 minutes
Implementation of Monetary Policy•6 minutes
Open Market Operations•7 minutes
Relationship Between Monetary Policy•5 minutes
4 assignments•Total 80 minutes
Graded - Central Banking & Monetary Policy Framework•30 minutes
Theories and Role of Money•10 minutes
Central Bank Policy Goals•10 minutes
Monetary Policy Tools in Practice•30 minutes
Fiscal Policy & Macroeconomic Stabilization
Module 6•2 hours to complete
Module details
This module examines fiscal policy and its role in stabilizing economic fluctuations. Learners study fiscal policy objectives, policy tools, fiscal multipliers, and debates regarding government deficits and economic stimulus.
What's included
7 videos4 assignments
Show info about module content
7 videos•Total 50 minutes
Determine Whether a Monetary Policy•6 minutes
Limitation•5 minutes
Roles and Objectives of Fiscal Policy•7 minutes
Tools of Fiscal Policy•8 minutes
Fiscal Multiplier•9 minutes
Arguments for and Against Size of Fiscal Deficit•7 minutes
Fiscal Deficits and Policy Implementation•10 minutes
Global Trade & Balance of Payments
Module 7•2 hours to complete
Module details
This module explores international trade theories, global trade structures, and the balance of payments framework. Learners examine how comparative advantage, factor endowments, and trade agreements influence global economic interactions.
What's included
7 videos4 assignments
Show info about module content
7 videos•Total 59 minutes
Interaction of Monetary and Fiscal Policy•10 minutes
Ricardian and Heckscher Model•8 minutes
Compare Types of Trade•9 minutes
Economic Implication•8 minutes
Trading Blocs•7 minutes
Balance of Payment•8 minutes
Decision that Influence BOP•9 minutes
4 assignments•Total 60 minutes
Graded - Global Trade & Balance of Payments•30 minutes
Policy Interaction and Trade Theories•10 minutes
Global Trade Structures•10 minutes
Balance of Payments Analysis•10 minutes
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