Introductory · Social Sciences

Principles of Macroeconomics

The economy as a whole: GDP, inflation and unemployment, growth, money and banking, the business cycle, and fiscal and monetary policy.

5 chapters15 lessons2 hr 10 min15 quick checks

How this course works

The chapters and lessons below are the fixed course structure. When you start, LearnLive teaches each lesson interactively and adapts examples, pacing, and questions to you.

Complete syllabus

Every chapter and lesson

  1. 01

    Chapter 1 · 3 lessons

    Measuring the Economy

    1. 1.1

      GDP & national income

      9 min · Quick check

    2. 1.2

      Inflation & the CPI

      9 min · Quick check

    3. 1.3

      Unemployment

      8 min · Quick check

  2. 02

    Chapter 2 · 3 lessons

    The Real Economy in the Long Run

    1. 2.1

      Production & growth

      9 min · Quick check

    2. 2.2

      Saving, investment & the financial system

      9 min · Quick check

    3. 2.3

      Finance & present value

      8 min · Quick check

  3. 03

    Chapter 3 · 3 lessons

    Money & Prices

    1. 3.1

      The monetary system & banks

      9 min · Quick check

    2. 3.2

      The Federal Reserve

      9 min · Quick check

    3. 3.3

      Inflation: causes & costs

      8 min · Quick check

  4. 04

    Chapter 4 · 3 lessons

    Short-Run Fluctuations

    1. 4.1

      Aggregate demand & supply

      9 min · Quick check

    2. 4.2

      The business cycle & recessions

      9 min · Quick check

    3. 4.3

      Inflation & unemployment tradeoff

      8 min · Quick check

  5. 05

    Chapter 5 · 3 lessons

    Policy & the Open Economy

    1. 5.1

      Fiscal policy

      9 min · Quick check

    2. 5.2

      Monetary policy in action

      9 min · Quick check

    3. 5.3

      Trade & exchange rates

      8 min · Quick check

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