- Course Type CLEP
- Subject History and Social Sciences
- Level Introductory
- Length 7 Modules
- Video Length 6H
- Reading Pages 728
- Institution Modern States
ABOUT THIS COURSE
It also highlights the determinants of aggregate demand and aggregate supply, and on monetary and fiscal policy tools that can be used to achieve particular policy objectives.
“Principles of Macroeconomics” is a completely self-paced course. It has no prerequisites and it is offered entirely for free.
Course Overview
Principles of Macroeconomics Course Overview - Modern States
| Module | Topic | Video Length | Total pages of required reading |
| Module 1: Basic Economic Concepts (8%–12%) 01:22:57 total video length 55 total reading pages |
1.1 Scarcity, Choice and Opportunity Costs | 0:04:03 | 6 |
| 1.2 Production Possibilities Curve | 0:09:13 | 6 | |
| 1.3 Comparative Advantage, Specialization, and Exchange | 0:11:08 | 7 | |
| 1.4 Demand, Supply, and Market Equilibrium | – | – | |
| 1.4a Supply and Demand Model | 0:28:38 | 36 | |
| 1.4b Supply, Demand and Market Equilibrium | 0:29:55 | – | |
| Module 2: Measurement of Economic Performance (12%–16%) 00:50:45 total video length 80 total reading pages |
2.1 Measuring a Nation’s Income, GDP and Other Measures | 0:20:48 | 27 |
| 2.2 Measuring the Cost of Living, Inflation, CPI, and Prices | 0:17:13 | 27 | |
| 2.3 Unemployment | 0:12:44 | 26 | |
| Module 3: National Income and Price Determination (15%–20%) 00:27:51 total video length 38 total reading pages |
3.1 Aggregate Demand | 0:08:45 | 20 |
| 3.2 Aggregate Supply | 0:08:18 | 9 | |
| 3.3 Macroeconomic Equilibrium | 0:10:48 | 6 | |
| Module 4: Financial Sector (15%–20%) 01:33:59 total video length 46 total reading pages |
4.1 Savings, Investments, and Financial Markets | – | – |
| 4.1a Savings, Investments, and Financial Markets | 0:11:03 | 46 | |
| 4.1b Money and the Federal Reserve | 0:11:09 | – | |
| 4.1c Time Value of Money (Present and Future Value) | 0:05:07 | – | |
| 4.1d Banks, Money Supply and Money Creation | 0:17:54 | – | |
| 4.1e Money Market and Equilibrium | 0:15:30 | – | |
| 4.1f Financial Tools: Bonds, Stocks and Other | 0:07:46 | – | |
| 4.2 Central Bank and Control of the Money Supply | – | – | |
| 4.2a Theory of Liquidity and the Quantity Theory of Money | 0:07:14 | – | |
| 4.2b Real and Nominal Interest Rates | 0:05:01 | – | |
| 4.2c Quantity Theory of Money | 0:13:15 | – | |
| Module 5: Inflation, Unemployment, and Stabilization Policies (20%–25%) 01:13:37 total video length 88 total reading pages |
5.1 Macroeconomic Equilibrium and Fiscal Policy | 0:12:18 | 51 |
| 5.1a Fiscal Policy | 0:08:05 | – | |
| 5.1b Demand-Side Effects | 0:06:18 | – | |
| 5.1c Government Policy Responses to Short Run Economic Shocks | 0:22:28 | – | |
|
5.1d Government Policy Responses to Short Run Economic Shocks – Practice
|
0:18:12 | – | |
| 5.2 Inflation and Unemployment | 0:06:16 | 37 | |
| Module 6: Economic Growth and Productivity (5%–10%) 00:04:57 total video length 24 total reading pages |
6.1 Understanding Productivity and Economic Growth | 0:04:57 | 24 |
| Module 7: Open Economy: International Trade and Finance (9%–13%) 00:26:58 total video length 78 total reading pages |
7.1 Balance of Payments Accounts | 0:03:44 | 24 |
| 7.2a Capital Flows, Trade and Global Markets | 0:06:25 | 27 | |
| 7.2b Exchange Rates and Net Exports | 0:12:32 | – | |
| 7.3 Foreign Exchange Markets and Exchange Rates | 0:04:17 | 27 |
