Principles of Economics - Macroeconomics - The Big Picture Coursera

Overview

Key features

This third and final course in the Economics 100 Specialization, adapted from a course taught at Rice University, focuses on macroeconomics.

The course explores the broad perspective of economics by examining the measures used to assess the health of national economies, as well as the theories and policies aimed at improving economic performance. It addresses how economic principles can be applied to contribute to better outcomes at a global level.

By the end of this Principles of Economics - Macroeconomics - The Big Picture course offered by Coursera in partnership with Rice University you should be able to:

• Describe how GDP is used to measure macroeconomic performance.
• Describe how inflation is used to measure macroeconomic performance. Describe how unemployment rates and participation rates are used to measure
• macroeconomic performance. Identify the primary sources of economic growth and explain the observed cross-
• country differences in income per capita. Define savings and explain the factors influencing financial flows and
• international trade. Identify the function of the federal reserve, describe the relationship between
• nominal interest rates, money demand and money supply, and describe the relationship between exchange rates and Net Exports.
• Explain the interaction between aggregate demand and aggregate supply to determine the price level, real GDP, and employment.
• Describe the role of government and analyze policy responses to business cycle shocks