Best Macro Economics Online Courses
- ‘why macro-econ’:Central bank and Government budget decisions effect an individual’s financial situation. Knowing what are the stimulators of these decisions can smooth out financial planning. This is where learning Macro-Economics will help sail your boat.
- ‘story-telling’: Macro-economics is nothing but an engaging story of how, why and in what way do People, Government and Central Bank react to economic events. No wonder that the process of learning Macro-Economics should also be a story. We have done exactly that. By looking into historical events with a magnifying glass, we elaborate every little concept that literally govern economic decisions.
- ‘the big picture’: Half knowledge is always dangerous. Everything in macro-economics connects in some way. Understanding how everything intersect in the bigger picture of things only would assure sound decisions. This course helps you understand why recession follows boom, or why interest hike trails inflation. We will connect the dots of major macro-economic concepts.
- Recession of 1970s: Cause and effect analysis, Government Decisions, Fiscal and Monetary policies
- Unemployment and inflation: Effects on aggregate demand and supply, relation between unemployment and inflation
- GDP and Income: 4 components of GDP, Concept of Value Added, Nominal and real growth, Price Index, National Income, Disposable Income, Consumption and Savings
- How does GDP Grow?: Analysis of the growth stories of Japan, China and Singapore
- Investments and Interest Rates: Expectation, Revenue and Costs, why do interest rates change, Controls on Money Supply
- 2008 Global Economic Recession: Root causes demystified, effects of recession and interplay of macro-economic factors
- Balance of Payments: Current account and capital account transactions broken down
- Foreign Exchange Rates: Purchasing Power Parity, determinants of real exchange rates, connection of Oil Prices and exchange rates
- The bigger picture: Why spike in oil prices are followed by recession and how does everything connect.
People generally have a hard time understanding macroeconomics, but after 7 years of teaching this course at university level, I have mastered the best ways of explaining its concepts for students to be able to understand them and relate them to the real world.
This course is ideal for university students who are struggling to make sense of their textbooks and lectures, and will allow them to get better grades.
This course is also ideal for professionals and citizens who want to better understand the economic concepts they deal with in work and daily life, such as inflation, unemployment, monetary policy, and fiscal policy. This course will help you understand questions such as: Why does the government engage in expansionary fiscal policy? What is the motivation behind reducing taxes? What are the implications of a drop in interest rates? What determines the money supply? After taking this course, you will be able to better understand how macroeconomic events impact your life, and can make better-informed decisions.
The course is composed of 12 lectures, totaling 2 hours and 40 minutes of video. Each lecture will come with detailed lecture notes that emphasize and explain the main ideas. There will also be several practice problems for students to complete. For best results, students are urged to read the notes, watch the video, re-read the notes, and then solve the practice problems.
Have you ever wanted to fully grasp the world of Economics, but didn’t know where to start? Have you wanted to develop a better understanding of what makes the financial world go around, and why people, businesses and countries make decisions? Most likely there’s an economic reason, and you have come to the right place to learn everything you will need to know. By the end of this course you will be an economics pro!
What We Do In The Course:
- Learn the basic fundamentals of economics, why people make certain choices
- Learn about production levels and optimization
- Learn about supply and demand
- Learn about capitalism and the free market model
- Learn about monopolies and how the dynamics change
- Apply these microeconomic theories to real world situations
- Learn about macroeconomics
- Learn about interest rates and recessions
- Apply macroeconomic theories to real world situations
- And Much More!!!
Best Macro Economics Books:
#1 Macroeconomics Fourth Edition by Paul Krugman & Robin Wells
#2 Macroeconomics (6th Edition) by R. Glenn Hubbard & Anthony Patrick O’Brien
#3 Macroeconomics (Mcgraw-hill Series in Economics) 10th Edition by David C Colander