Principles of Macroeconomics

Gain a solid understanding of macroeconomics with this comprehensive course! Perfect for beginners and those seeking to refresh their knowledge, this course delves into the core principles of aggregate economic analysis. You'll master the aggregate demand and aggregate supply model to understand how output, employment, and prices are determined in the economy.

Here's what you'll learn:

• Measuring Macroeconomic Performance: Learn how key indicators like inflation, unemployment, and GDP are used to assess the overall health of the economy.
• Understanding GDP: Gain a clear understanding of what GDP is and how it's calculated as a vital measure of economic activity.
• Drivers of Economic Growth: Identify the key factors that fuel economic growth and prosperity.
• Income Inequality: Explore the reasons behind cross-country differences in income per capita.
• Aggregate Demand & Supply Interaction: Analyze how the interplay between aggregate demand and aggregate supply shapes the price level, real GDP, and employment levels.
• Central Banking: Understand the structure and functions of a central bank and its role in managing the economy.
• International Trade & Finance: Identify the factors that influence international trade and financial flows.
• Business Cycle Policy: Analyze policy responses to business cycle shocks and their impact on the economy.

Taught by Dr. DeNicco, an Assistant Professor at the University of Tampa with expertise in macroeconomics and industrial organization, this course offers a deep dive into the dynamics of the modern economy. Dr. DeNicco's research focuses on macroeconomics and applied macroeconomics, particularly the relationship between GDP growth and labor dynamics, including the concept of jobless recovery.