Principles of Macroeconomics

Understand aggregate economic behavior, GDP, inflation, savings, investment, and short-run versus long-run macroeconomic dynamics.

Year 2
Term 5

Course Overview

This course introduces the core principles of macroeconomics, focusing on aggregate economic activity, national income accounting, GDP measurement, inflation, shocks, frictions, circular flow, and the relationship between savings and investment. It connects historical changes in technology, institutions, and money to the way modern economies function.

What You'll Learn

  • Fundamentals of Macroeconomics
  • Monetary System & Policy Transmission
  • Open Economy Macroeconomics
  • Fiscal Policy & Development Dynamics

Course Content

  • Fundamentals of Macroeconomics

    Trace historical macroeconomic threads and learn GDP measurement, macro variables, shocks, frictions, circular flow, and the savings-investment identity.

    View Notes

  • Fundamentals of Macroeconomics Assessment

    Test your understanding of GDP measurement, macro variables, shocks, frictions, circular flow, and savings-investment accounting.

    10 Questions
    Take Test