This Country Level Economics - Policies, Institutions, and Macroeconomic Performance course offered by Coursera in partnership with University of Illinois 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.
At the end of this course, you will be able to:
- Understand how the market for aggregate goods and services interacts with the money market to shape the macroeconomic equilibrium which determines income, interest rate, and exchange rate in the short run
- Assess the dynamic effects of macroeconomic policies and understand the roles of globalization, government policies, institutions, and expectations in macroeconomic outcomes
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- Course Orientation
- Aggregate Expenditure and GDP in the Short Run When Prices Are "Sticky"
- Expectations and the Long-Run Exchange Rate
- Long-Run Economic Performance and Short-Run Adjustments
- Institutions and Macroeconomic Policies
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- 1 months
Start dates & application deadlines
DisciplinesEconomics View 49 other Short Courses in Economics in United States
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We are not aware of any academic requirements for this programme.
We are not aware of any English requirements for this programme.
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InternationalFreeTuition FeeBased on the tuition of 0 USD for the full programme during 1 months.
NationalFreeTuition FeeBased on the tuition of 0 USD for the full programme during 1 months.
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