In this economics course, you will learn some of the major concepts of macroeconomics, such as gross domestic product, price level, inflation, unemployment, economic growth and the balance of payments.
You will see that macroeconomics is not that different from microeconomics, in that the interaction of supply and demand provides the basic organizing framework for analyzing the workings of a national economy. You will learn how the equilibrium levels of national income and prices are determined at the intersection of aggregate supply and aggregate demand curves, just as the equilibrium quantity of transaction and price of an individual commodity is determined at the intersection of supply and demand curves.
This is an introductory course at the most elementary level so no prior knowledge of economics is required.
Week 1: Basics of Macroeconomics Week 2: Aggregate Demand and Aggregate Supply Week 3: Business Cycles, Unemployment and Inflation Week 4: Economic Stabilization Policies Week 5: Economic Growth and Development Week 6: Theories of International Trade
MOOCs stand for Massive Open Online Courses. These arefree online courses from universities around the world (eg. StanfordHarvardMIT) offered to anyone with an internet connection.
How do I register?
To register for a course, click on "Go to Class" button on the course page. This will take you to the providers website where you can register for the course.
How do these MOOCs or free online courses work?
MOOCs are designed for an online audience, teaching primarily through short (5-20 min.) pre recorded video lectures, that you watch on weekly schedule when convenient for you. They also have student discussion forums, homework/assignments, and online quizzes or exams.