Macroeconomics
Macroeconomics
is an approach in economics which looks at the economy as a whole, rather
than the behavior of the individual actors in the economy ( - this is
microeconomics). Macroeconomics
therefore studies the performance of the entire economy (whether national or
global), in terms of
measurements such as the rate of growth of the economy, how fast prices are
increasing and the number
of people who are out of work.
If
you read the newspaper or watch the news, everyday there are stories that relate
to the economy. So, as a
citizen of the world a basic understanding of how the economy works can go a
long way. In this course
topics to be explored include how to measure the nations income and cost of
living, money creation and
distribution, production, growth and employment, and the global economy, among
others. Enjoy.
- Professor David Yoskowitz