$79
Plus membership
3 Credits
All courses include:
eTextbooks
2 to 3-day turnaround for grading
Multiple chances to improve your grade
On-demand tutoring & writing center
Student support 7 days a week
$79
Plus membership
3 Credits
All courses include:
eTextbooks
2 to 3-day turnaround for grading
Multiple chances to improve your grade
On-demand tutoring & writing center
Student support 7 days a week
Macroeconomics
$79
Plus membership
3 Credits
About This Course
ACE Approved 2025
Macroeconomics analyzes the performance of the national economy and its links to the global economy, in addition to examining aspects of the economy from an aggregate perspective.
What You'll Learn
Define basic economic terminology and concepts including the effects of scarcity and choices, and the role of rational self-interest.
Explain the concepts of specialization, absolute advantage, and comparative advantage.
Analyze the key macroeconomic indicators used to measure the performance of the aggregate economy including output, price level, and employment.
Utilize the aggregate demand and aggregate supply model to explain the amount of goods/services produced, the level of unemployment, and price level.
Define and analyze the cause and effect of inflation, including the concepts of demand-pull and costpush inflation, anticipated and unanticipated inflation, and the meaning and effects of hyperinflation.
Define money, banking, and monetary policy and explain their impact on the macroeconomy.
Define fiscal policy, budget deficits, and the national debt and explain their impact on the macroeconomy.
Explain monetary policies of the U.S. financial system, including the nature and functions of money and money supply; the features and functions of the Federal Reserve System; and the tools used by the Federal Reserve to control the money supply.
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The course provides a comprehensive overview of the American economic system, exploring private enterprise, the role of government, and core principles of modern economics. Students will examine aggregate equilibrium (supply and demand), national income measurement and theory (inflation rate, unemployment rate, economic growth, and other measures of economic health), fiscal and monetary policy, the monetary and banking system, and issues of economic instability, gaining a foundational understanding of the forces shaping economic outcomes and policy decisions.
There are no prerequisites to take Macroeconomics.
| Topic | Subtopics |
|---|---|
| Economic Thinking |
|
| Comparative Advantage |
|
| Macroeconomics–Bird’s Eye View of the Economy |
|
| Measuring Economic Activity |
|
| Measuring The Price Level and Inflation |
|
| The Labor Market Workers, Wages, and Unemployment |
|
| Financial Markets and International Capital Flows |
|
| Short-Term Economic Fluctuations: An Introduction |
|
| Stabilizing the Economy: The Role of the Fed |
|
| Aggregate Demand, Aggregate Supply, and Inflation |
|
Your score provides a percentage score and letter grade for each course. A passing percentage is 70% or higher.
Assignments for this course include:
- 11 Knowledge Checks
- 1 Assignment Paper
- 1 Presentation
- 1 Midterm Exam
- 1 Final Exam
The required eTextbook for this course is included with your course purchase at no additional cost.
Frank, Robert H., Ben S. Bernanke, Kate Antonovics, and Ori Heffetz. Principles of Macroeconomics. 2024 Release, McGraw Hill, 2024. ISBN: 9781265471644
Macroeconomics students also take:
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