Catalogue

Description

This course will be an overview of:

• The basics of macroeconomics.
• The concepts of supply and demand.
• The most common economic theoriesclassical and Keynesian.
• The business cycle.

This course, the first of a two-part series, will offer a detailed examination of the foundations of modern macroeconomics. After completing this course, the learner should be able to:

• Recognize the definitions and concepts utilized in economics and macroeconomic theory.
• Recognize the causes of shifts in aggregate demand and aggregate supply in the business cycle.
• Recognize the various types of unemployment and how to measure them. Identify how inflation is measured.