|
Economics is traditionally divided into two parts: microeconomics and macroeconomics. The purpose of this course is to provide you with a fundamental understanding of the principles of macroeconomics. Macroeconomists study how a country’s economy works and try to determine the best choices to improve the overall wellbeing of a nation. Typical topics include inflation (the overall level of prices), employment, fiscal policy (government taxing and spending), and money and banking (interest rates and lending policies). Individuals and firms need to consider how macroeconomic events will affect their own prosperity. To better define macroeconomics, consider its distinction from microeconomics. Imagine you are attempting to figure out how the price of a certain good (say, bread) has been determined. Microeconomics would focus on how the supply of and the demand for bread determine its prices. It would examine factors like the input prices and the consumer's demand in order to determine the curren… Categories:
Business
|
|
PrerequisitesIf you can suggest any prerequisite, please let us know. Paths
See all Education Paths Certification ExamsThere are exams from independent organizations where you can get certification after completion of the course. t k='certificationexamsallprov' g='dir' p1=$course.vname} | ||
0
0
