Principles of Economics: Macroeconomics
Causes of wealth, Solow growth model, financial intermediation, unemployment, inflation, business cycles, monetary policy, fiscal policy, and more.
What Is Gross Domestic Product (GDP)?
Why are the eggs in my homemade omelet part of GDP, but the eggs my baker uses are not?
The Puzzle of Growth
Introduction to the Solow Model
Zimbabwe and Hyperinflation: Who Wants to Be a Trillionaire?
How the Fed Works: After the Great Recession
Course overview
83 Videos and Exercises
University Level
No Prerequisites
What you will learn
In this free course, following our Principles of Microeconomics course, you’ll continue to explore the economic way of thinking and the role incentives play in all our lives.
We’ll cover fundamental macroeconomics questions such as: Why do some countries grow rich while others remain poor? How important is a country’s banking system — and what happened during the recent financial crisis? How did Zimbabwe end up with an inflation rate that rose into the quadrillions?
We’ll also cover important topics like the Federal Reserve, monetary policy, fiscal policy, the Solow Growth Model, institutional analysis, the “economics of ideas,” and more.
Instructors
Tyler Cowen
Professor, George Mason University](https://mru.org/users/78)
Alex Tabarrok
Professor, George Mason University](https://mru.org/users/79)
Can I earn a certificate?
Yes, if you pass the final exam, you will earn the "Principles of Economics: Macroeconomics" certificate on your MRU profile.
Creative Commons
This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.