Economics

Macroeconomics (B_S2M2)


Description
COURSE DESCRIPTION:
The course demonstrates how to use macroeconomic indicators such as: GDP; economic growth; inflation; unemployment; aggregate demand and supply; GDP; employment and inflation to analyse and evaluate the macroeconomic factors that affect the economic wellbeing of stakeholders in the market system.

BACKGROUND:
Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets. This includes national, regional, and global economies.

Macroeconomists study aggregated indicators such as GDP, unemployment rates, and price indices to understand how the whole economy functions. Macroeconomists develop models that explain the relationship between such factors as national income, output, consumption, unemployment, inflation, savings, investment, international trade and international finance.

LEARNING OUTCOMES:
Upon the completion of this module, users will be able to:
• Analyse and evaluate the complex forces that affect the macroeconomic well being of stakeholders in the market system.

TIME: Up to 2 Hours

OTHER INFORMATION:
• No prerequisites.
• No materials distributed.
• No formal assessments required.
Content
  • S2. Lecture 2 - Macroeconomics
  • S2. Economics - Course Linkage Map
  • S2. Economics - Course Linkage Table
Completion rules
  • All units must be completed
  • Leads to a certification with a duration: Forever