(Oxford) Diploma : Macroeconomics
What you'll learn
- The USA Economy analysed
- Economic impact of WAR
- Modern comparisons with other economies
- Aggregate demand and reasons for shifts
- Behavioural Economics
- European productivity
- Imbalances in Society
- Supply-side policy
- Expansionary monetary policy
- Detailed revision section
- The Great Reset
Requirements
- An interest in understanding economic policy and events
- Pen and paper to practice the diagrams
- You should be able to use a PC at beginner level
Description
AI summary of reviews:
"The course is praised for its clarity and accessibility, especially in the way complex concepts are simplified. This is particularly highlighted through clear language and structured sections. Many learners appreciate the use of graphs and visuals, noting they enhance understanding. The course is accessible for non-native speakers, with several reviews emphasizing how the easy-to-follow pace and language make learning effective, even for those who are not fluent in English. Reviewers express some surprise at the course not having more students, considering the engaging way in which the material is presented, which transforms potentially tedious topics into enjoyable learning experiences."
Update May 2025
Economics case studies added on:
Fiscal policy and the economy
Economic terms for 2025
Macroeconomic policy for 2025
Economic policy in general
Update:
Now including a brand new collection of Case Studies that examine the economic policies of President Trump following his election on November 6th 2024. These look in particular at:
· Tariffs
· China’s growth
· World Economy
· Tax cuts
· Exporters
· Impact on seniors
· Exchange rate
Key details:
38 hours of lectures on macroeconomics
Several workbooks on macroeconomics
Hundreds of discussions on macroeconomics
Regular updates via Educational Announcements
Behavioural Economics
The Instructor has macroeconomics textbooks on Amazon
Five reasons to TAKE THIS COURSE right now:
You cannot lose - 30 day refund if you really really don't like the course BUT if you DO like it:
a. updated lectures
b. case studies based on very very current news items
c. detailed responses to messages
d. I constantly attempt to have a 'class atmosphere' e.g. throwing questions open to all
e. regular Announcements that are not disguised sales ploys
f. regular FREE access to numerous other courses offered by me
I am a lecturer/teacher in Economics by trade i.e. I teach full-time for a living. I have been Principal, Director of Studies and Head of Economics. (Oxford, UK) I have lectured in University, adult evening classes and also run over 50 seminars in the UK
I am/have been an Examiner for FIVE different examination boards
I have 100+ books on Amazon - many of them about business/economics
The success of my students has been featured on the BBC, Daily Telegraph, The Times and I have been featured on TV in 2 countries.
MOTIVATION
I make courses on Udemy primarily because I enjoy the process of causing learning. Many of my courses are to improve lives. One of the Economics courses is to raise money for charity. (100% of revenue goes to the charity) Fundamentally this course here, is about helping you.
About the course
Using ONLY aggregate demand and aggregate supply, this course explains the basics of macro economic policy. The lectures are fully supported by notes - often repeated to ensure learning - that may be copied and used for other studies.
If you wish to understand more as to why governments cut/raise taxes, cut/raise government expenditure, how this impacts on inflation, unemployment and growth - then this is the course for you.
Topics:
Gross Domestic Product (GDP): Measures the total value of all goods and services produced over a specific time period within a nation's borders.
Unemployment Rate: Indicates the percentage of the labour force that is jobless and actively seeking employment.
Inflation: Describes the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.
Monetary Policy: Involves the management of a nation's money supply and interest rates by its central bank to control inflation and stabilize currency.
Fiscal Policy: Refers to the use of government spending and taxation to influence the economy.
Interest Rates: The cost of borrowing money or the return for investing, which are critical in monetary policy and personal finance.
Balance of Payments: A record of all economic transactions between residents of a country and the rest of the world in a given period.
Exchange Rates: The value of one currency for the purpose of conversion to another, impacting international trade and investments.
Economic Growth: The increase in the inflation-adjusted market value of the goods and services produced by an economy over time.
Business Cycles: The upward and downward movements of GDP and other economic indicators over time, encompassing periods of expansion and contraction.
Supply and Demand: The fundamental economic model of price determination in a market, showing how prices vary based on a balance between product availability and consumer desire.
Aggregate Demand and Supply: The total demand for goods and services and total supply of goods and services within an economy at a given overall price level and in a given time period.
Budget Deficits and Surplus: A budget deficit occurs when expenses exceed revenue, and a surplus occurs when revenue is higher than expenses.
Public Debt: The total amount of money owed by the government to creditors, which can influence a country's fiscal policy and economic health.
Trade Policies: Regulations and tariffs that a country applies to its imports and exports, affecting its balance of trade.
Labour Markets: The supply and demand for labour, in which employees provide the supply and employers the demand.
Capital Markets: Where savings and investments are channelled between suppliers who have capital and those who are in need of capital.
Economic Indicators: Statistics that provide information about the overall health of the economy, such as GDP, unemployment rate, and inflation rate.
Recessions: A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
Stagflation: A situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high, presenting a dilemma for economic policy.
The course is pitched at a beginner level and thus is IDEAL for anyone just starting an economics course or simply wants to understand macro-economic policy.
The initial lectures are short - egg-timer size! - and, if you look at other egg-timer courses, you will know that if you have any questions then they will be answered very quickly.
Who this course is for:
- Everyone interested in the world economies
- Anyone commencing a course in macro-economics
- 1st year Degree students
- Anyone who has an interest in understanding the basics of economic policy
- Non-specialists in Economics
- Beginners in Economics
Featured review
Instructors
Studied at:
· University of Oxford (Philosophy and Economics)
· Oxford Brookes (Teacher training)
· University of Glamorgan (Business and Economics)
Qualifications
· Professional qualifications at Masters level
· Business and Economics degree
· Examiner for four major examining boards, at ‘O’ and ‘A’ level.
· Three teaching diplomas plus CELTA
· Qualified fitness trainer
Key academic positions held:
· Principal Oxford School of Learning
· Director of Studies: St Joseph’s Hall, Oxford
· Head of Economics: Cherwell Tutors
· Head of Business and Economics: Pipers Corner School, Buckingham
· Founder: Almost Random Theatre
I have experience in four main areas:
a. Teaching (40+ years of face-to-face experience)
b. Running businesses and conferences
c. Acting in films and theatre
d. Volunteering for a number of charities
Teaching/Instructor experience
Face-to-face: MBA students on a 1-1 basis; at University; Grammar, Comprehensive and F.E. College. This has included being Principal, Director of Studies; Head of Business and Head of Economics at various times in the past 40 years!
I have taught: Economics, Business, Sociology, Politics, English Literature and Psychology.
I have also run seminars for Teachers of |Psychology, Sociology, Businessman Economics.
I have run Therapeutic Art groups at Care Homes.
The success of my Business and Economics students has been featured in several newspapers plus I have appeared on BBC.
Running businesses and conferences.
I started Oxford School of Learning in the 1980s. From the college came Marketing Education Services, OSL Training and Saturday tutors.
In 201 I started Almost Random Theatre and have taken actors to Poland and the Czech Republic as well as running Drama days at schools.
Writing: my plays are sold to schools; I have 100+ books on Amazon; I used to write a regular column for The Guardian and BBC Bitesize.
Acting in films and theatre
My plays are sold to schools. I have performed at Oxford and Brighton Fringes as well as appearing in 100+ films, national TV advertising campaigns and role-played a hospital patient for Buckingham University’s medical degree students.
Volunteering
I have worked/am still working for Care Homes, Multiple Sclerosis Society, Dystonia Society, Stroke Association, Stroke Club, Talkback, Oxford Recovery College, Tandem, Age UK and Sport in Mind. I’ve given my tutorial fees to the Multiple Sclerosis Society and the Dystonia Society. I currently have a GoFundMe page to help lonely elderly people.
Oxford School of Learning was set up in 1986. It became a limited company which was then closed down around 2018 as there was no need to keep it going. The School kept going though, writing/providing books, online courses and issuing the Oxford School of Learning Diploma to those who met difficult criteria.
As the name suggests, Oxford School of Learning is based in Oxford, UK. The original Principal was Chris Sivewright who now delivers various Economics and Business courses for us.