Country Level Economics: Policies, Institutions, and Macroeconomic Performance
- 4.5
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Approx. 17 hours to complete
Course Summary
Learn about the key macroeconomic factors that affect individuals, businesses, and governments in this comprehensive course. Gain valuable insights into the intricacies of global economics and how they impact different sectors of society.Key Learning Points
- Understand the basics of macroeconomics and how it differs from microeconomics
- Explore the key factors that influence economic growth and development
- Learn about the role of government policies in shaping the economy
- Gain insights into the impact of international trade and globalization on the economy
Related Topics for further study
Learning Outcomes
- Develop a comprehensive understanding of macroeconomic factors and their impact on different sectors of society
- Gain valuable insights into the role of government policies and international trade in shaping the economy
- Apply your knowledge to real-world scenarios and make informed decisions related to economic issues
Prerequisites or good to have knowledge before taking this course
- Basic understanding of economics
- Familiarity with basic mathematical concepts
Course Difficulty Level
IntermediateCourse Format
- Online self-paced course
- Video lectures
- Interactive quizzes and assignments
Similar Courses
- Microeconomic Principles and Policy
- International Business Environment and Global Strategy
Related Education Paths
Related Books
Description
This course examines macroeconomic performance in the short and long run based on the economy’s institutional and policy environment. First, we will develop a model of macroeconomy in the short run when the price level has its own momentum and does not respond much to supply and demand forces. Then, we’ll begin analyzing the long-run equilibrium by examining the foreign exchange market. The third module examines the drivers of aggregate output in the long run and the mechanisms of adjustment from the short run to the long run. Finally, we will discuss the characteristics of desirable macroeconomic policies and the reasons why actual policies deviate from them.
Outline
- Course Orientation
- Welcome to Country Level Economics: Policies, Institutions, and Macroeconomic Performance!
- Learn on Your Terms
- Syllabus
- About the Discussion Forums
- Glossary
- Learn More About Flexible Learning Paths
- Updating Your Profile
- Orientation Quiz
- Module 1: Aggregate Expenditure and GDP in the Short Run When Prices Are "Sticky"
- Module 1 Introduction
- 1-1.1. The Determinants of "Preferred" Consumption Expenditure
- 1-1.2. The Determinants of "Preferred" Investment and Net Exports
- 1-2.1. Aggregate "Preferred" Expenditure and Equilibrium Income
- 1-2.2. Interest Rate and Equilibrium Income
- 1-3.1. Equilibrium Income and Fiscal and Monetary Policies in the Short Run
- 1-3.2. Aggregate Demand Shocks and Policy Responses in the Short Run
- 1-3.3 Short-Run Consequences of Temporary Changes in the Price Level and Other Exogenous Variables
- Module 1 Overview
- Module 1 Readings
- Lesson 1-1 Practice Quiz
- Lesson 1-2 Practice Quiz
- Lesson 1-3 Practice Quiz
- Module 1 Quiz
- Module 2: Expectations and the Long-Run Exchange Rate
- Module 2 Introduction
- 2-1.1. Expectations
- 2-2.1. Modeling the Long-Run Exchange Rates
- 2-2.2. Finding The Drivers of the Real Exchange Rate in the Long Run
- Module 2 Overview
- Module 2 Readings
- Lesson 2-1 Practice Quiz
- Lesson 2-2 Practice Quiz
- Module 2 Quiz
- Module 3: Long-Run Economic Performance and Short-Run Adjustments
- Module 3 Introduction
- 3-1.1. Understanding the Long-Run Output
- 3-1.2. The Determinants of Production Capacity: Resources and Technology
- 3-1.3. The Determinants of Production Capacity: Institutions
- 3-2.1. Equilibrium Income and the Production Capacity: The Short Run vs. the Long Run
- 3-2.2. Aggregate Demand Shocks and Macroeconomic Stabilization Policies
- 3-2.3. Aggregate Supply Shocks and Macroeconomic Stabilization Policies
- 3-2.4. Applying the Macroeconomic Model to the Analysis of US Economy
- Module 3 Overview
- Module 3 Readings
- Lesson 3-1 Practice Quiz
- Lesson 3-2 Practice Quiz
- Module 3 Quiz
- Module 4: Institutions and Macroeconomic Policies
- Module 4 Introduction
- 4-1.1. Desirable Monetary and Fiscal Policies
- 4-2.1. Macroeconomic Policies and Political Decision-Making
- 4-3.1. How Can Countries Commit to Good Macroeconomic Policies?
- Gies Online Programs
- Module 4 Overview
- Module 4 Readings
- Congratulations!
- Get Your Course Certificate
- Lesson 4-1 Practice Quiz
- Lesson 4-2 Practice Quiz
- Lesson 4-3 Practice Quiz
- Module 4 Quiz
Summary of User Reviews
Discover the impact of macroeconomic factors on businesses and society. Many users found this course to be informative and engaging, with a focus on real-world examples and practical applications.Key Aspect Users Liked About This Course
Focus on real-world examples and practical applicationsPros from User Reviews
- Informative and engaging content
- Great for beginners in macroeconomics
- Easy to follow lectures
- Flexible schedule
- Helpful quizzes and assignments
Cons from User Reviews
- Some users found the course to be too basic
- Lack of interaction with instructors
- Limited opportunities for discussion and collaboration with other learners
- Not enough depth on some topics
- Some technical issues with the platform
Hadi Salehi Esfahani
4.5 Raiting
Country Level Economics: Policies, Institutions, and Macroeconomic Performance
- 4.5
-
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This course examines macroeconomic performance in the short and long run based on the economy’s institutional and policy environment. You will be able to:...
