Macroeconomics: Foundations and Insights
Learn key macroeconomic concepts, policies, and analytical tools for understanding economic systems.
Learn key macroeconomic concepts, policies, and analytical tools for understanding economic systems.
Dive into the world of macroeconomics with this comprehensive course. Explore fundamental concepts, analytical frameworks, and policy tools used to understand and manage national economies. Learn about aggregate supply and demand, monetary and fiscal policies, and open-economy macroeconomics. Gain insights into major economic debates and development thinking. Ideal for beginners, this course emphasizes intuitive learning through diagrams and real-world applications, particularly in developing economies.
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English
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What you'll learn
Understand key macroeconomic concepts, variables, and their real-world interpretations.
Analyze aggregate supply and demand dynamics, including Classical and Keynesian perspectives.
Examine components of aggregate demand and their impact on the economy.
Understand the integration of goods and money markets using the IS-LM framework.
Explore fiscal and monetary policies and their roles in economic stabilization.
Analyze open-economy macroeconomics, including exchange rate regimes and capital flows.
Skills you'll gain
This course includes:
8.22 Hours PreRecorded video
22 assignments
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There are 7 modules in this course
This course provides a comprehensive introduction to macroeconomics, focusing on the foundations and key insights necessary for understanding national and global economic systems. Students will explore fundamental macroeconomic concepts, analytical frameworks, and policy tools used to analyze and manage economies. The curriculum covers a wide range of topics, including aggregate supply and demand, national income accounting, monetary and fiscal policies, and open-economy macroeconomics. Participants will learn how to interpret macroeconomic indicators, understand the workings of goods and money markets, and analyze the effects of various economic policies. The course also delves into major macroeconomic debates and the evolution of development thinking, providing a balanced view of orthodox and heterodox approaches. Throughout the course, concepts are presented with an emphasis on intuitive understanding, using diagrams and real-world examples, particularly from developing economies. By the end of the course, students will have a solid foundation in macroeconomic theory and its practical applications in policy-making and economic analysis.
Introduction to Macroeconomics: Concepts and Terminologies
Module 1 · 2 Hours to complete
Estimating Macroeconomic Indicators and National Income Accounting
Module 2 · 2 Hours to complete
Aggregate Supply and Demand: Theory and Evidence
Module 3 · 2 Hours to complete
Aggregate Demand
Module 4 · 2 Hours to complete
Money, Interest Rate, and Income
Module 5 · 2 Hours to complete
External Sector and Open-Economy Macroeconomics
Module 6 · 2 Hours to complete
Macroeconomic Policy Debates and Development Thinking
Module 7 · 2 Hours to complete
Fee Structure
Payment options
Financial Aid
Instructor
Bridging Academia and Policy Making at Jindal School of Government.
Rajeev Malhotra is a Professor and Director of Public Policy Programmes at the Jindal School of Government and Public Policy, O.P. Jindal Global University, Delhi NCR, India. With over 34 years of experience as a development economist and civil servant, he previously served as Economic Adviser to the Union Finance Minister of India until August 2012. His international experience includes working with the UN Office of the High Commissioner for Human Rights in Geneva from 2002 to 2008 and consulting for various organizations such as UNDP, UNICEF, and FAO across Asia, Africa, and the South Pacific. Dr. Malhotra's research interests encompass macroeconomic issues in development policy, fiscal policy, poverty estimation, human development, and the intersection of human rights and development. His notable publications include Economic Theory and Policy Amidst Global Discontent (2018), Delivering Development and Good Governance: Making Human Rights Count (2015), and India Public Policy Report 2014 (2014). He has made significant contributions to understanding economic policies and their implications for development.
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