This course introduces students to the study of Macroeconomics by focusing on how we make choices in a world of scarce resources. We start by learning about the first analytical model in economics: supply, demand, and equilibrium. Next, we move on to discuss elasticity and price, two key concepts in economics. The Macroeconomic perspective is then applied to economic growth, unemployment and inflation, and international trade and capital flows. The discussion then shifts to the principal Macroeconomic model, Aggregate Demand/Aggregate Supply, and how it is applied to the Keynesian and Neoclassical perspectives. We conclude by learning about monetary policy, fiscal policy, the role of government, and international economics.
You will have access to your course for 4 months (120 days) from the time of purchase.
Ed4Credit courses go through an intensive quality review process by ACE CREDIT® prior to being available to students. ACE CREDIT has evaluated and recommended this Ed4Credit course for college credit. Once you have completed an Ed4Credit course, you are eligible to receive an ACE Transcript for credit transfer purposes.
Almost 2,000 colleges and universities consider ACE CREDIT recommendations in determining the applicability to their schools’ course and degree programs.
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