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Introduction to Macroeconomics for Universities and Business
Rating: 2.0 out of 5(1 rating)
4 students

Introduction to Macroeconomics for Universities and Business

Measurement of GDP, IS-LM Model, Aggregate Demand, Labor Market, Phillips Curve
Created byAdnan Bashir
Last updated 4/2020
English
English [Auto],

What you'll learn

  • All topics of Macroeconomics, such as GDP Measuring techniques, Good and Money market, Phillips Curve and Labor Market
  • Macroeconomics
  • How to measure GDP in three different ways
  • IS and LM Curve

Course content

8 sections12 lectures58m total length
  • Introduction5:00

    This Lecture is based on Measurement techniques of Gross Domestic Product (GDP).

Requirements

  • NO
  • Only basic knowledge

Description

GDP measuring techniques, Good, Money, Phillips Curve, and Labor Market. Other than these things I can develop topics on student demand. In these topics all things will cover in detail like all techniques of measuring the GDP, the full topic of Good Market (Investment and saving curves), Full knowledge of money market (LM), and aggregate demand.

You will learn about a Circular flow diagram that will show you how the market actually works. the market works in a circle such as a buyer working in the market and earning money and spending that money for the sake of purchasing. A company buys labor and pays wages and makes a profit.

You will learn about the Nominal vs real gdp, such as nominal GDP works with current prices and real GDP with base prices. on the other side, the components of the GDP are very important such as consumption, investment, and many other components.

Good Market: You will learn about the good market which deals with IS curve such as the relationship between investment and saving with interest rate.

Money Market: the money market is based on money demand and supply that makes the LM curve. the LM curve is showing the positive relationship between interest rate and productivity. the interest rate has a positive relationship with Money supply and a negative with money demand.

Who this course is for:

  • Economics and Management Sciences students as well as academic writing
  • Everyone who want to learn how economy works