Arizona State University is offering free online course on Macroeconomic Principles. Students will learn the basic stylized framework that economists use to think about, account for, measure and explain these complex interactions and outcomes.
In this eight-week course, applicants will learn how the economic decisions you and others make impact what you pay for things and how much you get paid, in this credit-eligible course. This course will start on August 14, 2017.
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Course At A Glance
Length: 8 weeks
Effort: 18 hours pw
Subject: Economics & Finance
Institution: Arizona State University and edx
Certificate Available: Yes, Add a Verified Certificate for $49
Session: Course Starts on August 14, 2017
Arizona State University has developed a new model for the American Research University, creating an institution that is committed to excellence, access and impact. As a comprehensive public research university, ASU is measured not by whom we exclude, but rather by whom we include and how they succeed; advancing research and discovery of public value; and assuming fundamental responsibility for the economic, social, cultural and overall health of the communities we serve.
About This Course
In the second half of the course, we consider how different policies can potentially enhance or distort market outcomes by offsetting, alleviating, or amplifying these inefficiencies. Our focus will be on five aspects of economic policy:
- Labor market policies and unemployment
- R&D and innovation policies
- Fiscal policies and taxation
- Monetary policy and inflation
- Free-trade policies
Why Take This Course?
The macro economy is the sum of all our productive efforts, spending, and income. Economic outcomes are the result of our complex interactions with other people, businesses, the government, as well as with people and businesses globally.
- Basic principles of the theory of household and business decisions
- How these decisions drive macroeconomic outcomes, namely growth and fluctuations
- The difference in macroeconomic outcomes over time and across countries
- Which data points are used to track U.S. macroeconomic outcomes
- How economic policies can affect growth and fluctuations
Dr. Bart Hobijn
Bart Hobijn is a macroeconomist in the Economics Department at the W.P. Carey School of Business at Arizona State University. He joined ASU in the summer of 2015, after having been a research economist at the Federal Reserve Banks of New York and San Francisco.
How To Join This Course
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