Master the fundamental concepts of macroeconomics through comprehensive lectures and problem sets for midterm success.
Monitor your learning progress with detailed analytics and structured milestone tracking.
From causality and growth to monetary theory and inflation, explore comprehensive macroeconomic concepts.
Introduction to causality versus correlation, growth rate formulas, and the fundamental tools for economic analysis.
GDP definition, measurement methods, and the distinction between real and nominal variables in economic analysis.
Production functions, income distribution, and equilibrium analysis in a closed economy framework.
Money supply, fractional reserve banking, and Federal Reserve monetary policy tools.
Quantity theory of money, Fisher equation, and the economic and social costs of inflation.
International trade, exchange rates, capital flows, and the balance of payments in open economies.
Types of unemployment, natural rate, job search theory, and labor market dynamics.
Solow growth model, technological progress, human capital, and convergence theory.
Short-run economic fluctuations, aggregate demand and supply, and IS-LM model.
Fiscal and monetary policy effectiveness, policy lags, and rules versus discretion debate.
Life-cycle hypothesis, permanent income theory, and investment decision models.
Asset pricing, portfolio theory, efficient markets, and financial crisis mechanisms.
GDP/capita analysis, causality problems, and growth rate calculations comparing economies.
Alternative problems exploring GDP measurement, growth dynamics, and economic indicators.
Production function applications, equilibrium analysis, and money supply problems.
Modified problems on production models, market equilibrium, and monetary policy mechanisms.
Quantity theory applications, real versus nominal interest rates, and wealth redistribution effects.
Alternative scenarios for inflation dynamics, monetary theory, and policy implications.