The macroeconomy is the sum of all our productive efforts, spending, and income. Economic outcomes are the result of our complex interactions with other people, businesses, the government, as well as with people and businesses globally. In this economics course, you will learn the basic stylized framework that economists use to think about, account for, measure and explain these complex interactions and outcomes.
In the first half of the course, we consider how households decide how much to work and how to spend and save money. We will also look at how businesses make economic decisions such as how many workers to hire and how many machines and buildings to use to produce their products.
In the second half of the course, we consider how different policies can potentially enhance or distort market outcomes by offsetting, alleviating, or amplifying these inefficiencies. Our focus will be on five aspects of economic policy:
This course satisfies the Social-Behavioral Sciences (SB) general studies requirement at Arizona State University. This course may satisfy a general education requirement at other institutions; however, it is strongly encouraged that you consult with your institution of choice to determine how these credits will be applied to their degree requirements prior to transferring the credit.
Starts : 2017-08-14
-- no reviews yet -- make the first review
If you know any alternatives, please let us know.
If you can suggest any prerequisite, please let us know.
If your company does certification for those who completed this course then register your company as certification vendor and add your exams to the Exams Directory.
Courses related to the course subject
Let us know when you did the course Macroeconomic Principles.
Add the course Macroeconomic Principles to My Personal Education Path.
Successfully added to your path.View your path
Select what exam to connect to the course. The course will be displayed on the exam page in the list of courses supported for certification with the exam.