Macroeconomics: Theory and Policy
Explore key macroeconomic concepts, theories, and policies in this comprehensive 6-week course from IIMBx.
Explore key macroeconomic concepts, theories, and policies in this comprehensive 6-week course from IIMBx.
This intermediate-level macroeconomics course offers a comprehensive overview of economic theory and policy. Students will delve into the fundamental components of economies, exploring theoretical models of consumption, savings, and investment. The course covers critical economic concepts such as inflation and unemployment, providing insights into the factors that influence economic decision-making on a large scale. Participants will gain a deep understanding of fiscal and monetary policies, international trade, and capital flows. The curriculum is designed to equip learners with the knowledge to analyze economic indicators, understand policy impacts, and interpret global economic trends. By the end's end, students will have a robust foundation in macroeconomic principles, enabling them to comprehend the complex workings of economies worldwide.
4.3
(21 ratings)
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What you'll learn
Understand various economic theories including Keynesian and Classical models
Interpret the role of key economic factors like inflation in economic growth
Analyze the circular flow of income and its components such as savings and investment
Evaluate the impact of monetary and fiscal policies on developed and developing economies
Examine national income accounting and key economic indicators
Assess the dynamics of aggregate demand and supply in managing the economy
Skills you'll gain
This course includes:
PreRecorded video
Graded assignments, exams
Access on Mobile, Tablet, Desktop
Limited Access access
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There are 6 modules in this course
This comprehensive macroeconomics course covers key theoretical and practical aspects of economic policy and analysis. Starting with basic economic accounts and indicators, it progresses through theories of consumption, savings, and investment. The course examines how aggregate demand and supply shifts affect economic outcomes like growth and inflation. It delves into government fiscal policies, taxation, and their economic impacts, including concepts like fiscal deficits and public debt sustainability. The role of central banks and monetary policy is explored, discussing various monetary tools and their effects on interest rates and liquidity. The final module focuses on international economic engagement, covering trade, capital flows, exchange rates, and global economic integration. This course provides a holistic view of macroeconomic principles and their real-world applications.
Basic accounts and indicators of our economy
Module 1
Consumption and Savings
Module 2
Aggregate Demand and Supply
Module 3
Fiscal Policy
Module 4
Monetary Policy
Module 5
Open Economy
Module 6
Fee Structure
Instructor
1 Course
Distinguished International Trade Scholar and Policy Expert
Rupa Chanda serves as Director of Trade, Investment and Innovation Division at UNESCAP while maintaining her position as Professor of Economics at IIM Bangalore, where she has taught since 1997. After beginning her career as an economist at the International Monetary Fund in Washington, DC, she has established herself as a leading expert in international trade and macroeconomics, with particular focus on trade in services, migration, and regional integration. Her contributions include significant research on health services, professional services, education, and mobility, while serving on numerous expert committees including WHO's International Health Regulations Review Committee. Her academic excellence has been recognized through multiple awards including the Dewang Mehta Award for Best Economics Teacher and the ICFAI Best Teacher Award. Through her current leadership at UNESCAP's Trade Division, she continues to shape policy on trade, investment, and sustainable business practices in the Asia-Pacific region while maintaining her research focus on international trade and economic development.
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4.3 course rating
21 ratings
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