Medium of instructions English
Mode of learning Self study
Mode of Delivery Video and Text Based
Learning efforts 10-18 Hours Per Week
The smooth functioning of modern economic systems depends upon the involvement of the public that is economically literate. The edX Macroeconomics – The Basics certification program emphasizes creating an economically-educated society where the citizens understand at least the foundational economic concepts. This online course is designed by Doane University of Nebraska, US.
edX's Macroeconomics – The Basics online program will equip you with the knowledge to assemble pertinent information, recognize challenges, evaluate benefits and costs, make informed choices, and examine incentives in an economy. The concepts and terminology of macroeconomics will also be discussed in detail.
Macroeconomics – The Basics digital course will make you skilled in elucidating main macroeconomic statistics. You will gain an in-depth understanding of macroeconomic issues and foundational concepts related to economics.
You will be able to describe the utilization of fiscal and monetary policy in stabilizing the economy. As such, this introductory-level course helps explore the various topics of macroeconomics.
- Eight-weeks course
- Free program access
- Economics & Finance subject
- Requires 10-18 weekly study hours
- Video lectures in English
- A shareable certificate
- An offering of Doane University, US
- Self-directed learning
- Introductory-level course
- Self-paced learning
- Free course access
- Online learning
- Eight weeks of training
- Video lectures
- Paid certification
- Industry-expert instructors
- An offering of doane university
- English video transcripts
Course and certificate fees
Type of course
- Interested candidates can access this course free of charge.
- To receive the certificate, all candidates must pay a fee of Rs. 7,227.
Macroeconomics – The Basics course fee structure
Macroeconomics – The Basics (Audit only)
Macroeconomics – The Basics (with certificate)
certificate providing authority
There are no prerequisites to join Macroeconomics – The Basics online program as it is an introductory level course.
What you will learn
By the end of Macroeconomics – The Basics course by edX, you will be able to:
- Understand the differences in various economic systems
- Examine and weigh the use of fiscal and monetary for stabilizing the economy, involving taxing policies
- Utilize and understand foundational economic concepts like demand and supply
- Compute and figure out important macroeconomic statistics such as unemployment rates, poverty rates, GDP, GNP, and inflation rates
- Explicate examples of obstacles in macroeconomics and upcoming and present trends as companies and consumers
Enrol in Macroeconomics – The Basics course on edX by simply following the steps given below:
Step 1 – Click on the given link - https://www.edx.org/course/macroeconomics-literacy It will open the official course page of Macroeconomics – The Basics on edX’s website.
Step 2 – At the top of this webpage, locate and tap on the ‘Enroll’ button. You will be directed to the online registration page.
Step 3 – On the registration page, sign up by submitting the required details. You can also instantly log in by linking your Facebook, Apple, Google, or Microsoft account.
Step 4 – That’s all. You should now be enrolled in the Macroeconomics – The Basics program by edX. On the dashboard page, you will be able to see a ‘Congratulations’ page confirming your enrolment.
Filling the form
Enrolling in edX's Macroeconomics – The Basics online course does not mandates filling up any application form. Candidates can join by registering with edX.
Describe and implement the opportunity cost concept
Explain GNP and GDP
Define fundamental economic terminology
Factors causing international comparative advantage and economic growth employing the production possibilities curve concept
Different methods of national accounting
Compute and describe the unemployment rate and the challenges in deciphering this rate
Compute and explicate inflation rate and its challenges
Determining an economy’s temperature by examining its business cycle
Recognise the kinds of unemployment and their link to full employment
Application of theories of inflation and recognising types of inflation
Examine the circular flow
Explain and enlist dynamics and components of the market system
Compare the ‘isms’ of systems of economy
Factors which led to the downfall of the Soviet economic system
Implement demand and supply analysis to real-world challenges
Interpret and analyse consumer spending’s determinants
Analyse the determinants of business spending
Use the consumption function to describe spending patterns
Differentiate the three kinds of business structures
Describe the role of inventories in organisational decisions
Shortcomings and benefits of business structures
Kinds of tax schemes and its rationales
National debt and its effects on the economy
Arithmetic and graphical analysis of expenditure function
The economic role of government
Examine discretionary fiscal policy including impacts and lags
The demand for money
Money destruction and creation
Functions and concepts of money
Operations, function, and organisation of the Federal Reserve
Monetary policy and its effects
Main economic philosophies
Effects of international affairs on the domestic economy
Recognise three main economic philosophies of our era
Difference between economic development and economic growth
How it helps
edX's Macroeconomics – The Basics digital course is designed to make you proficient in economics and microeconomics' fundamental concepts. After completing this course, you will become an economically literate individual.
Since the course follows a self-paced learning approach, you can complete the modules at your pace and convenience. Furthermore, if you opt for the Macroeconomics – The Basics certification, you can add significant value to your resume and improve your career prospects.
Doane University of Nebraska, US accredits this online course.
The course has Arinna Butler Roxa as the instructor. She is an Adjunct Faculty at Doane University.
Anyone can access edX's Macroeconomics – The Basics course for free. But to receive the course certificate, they must pay a certification fee of Rs. 7,244.
The course certificate is verified, official, and signed by instructors. It also has the Doane University logo to confirm your achievement and enhance your resume, CV, and LinkedIn profile. It also helps edX as a non-profit to bring such courses to you.
No, there are none. Anyone interested in Macroeconomics can enrol.
The University of Tokyo, Tokyo via Edx
International Monetary Fund via Edx
Georgetown University, Washington via Edx
Peking University via Edx
The World Bank Group via Edx
Babson College, Wellesley via Edx
Delft University of Technology via Edx
Georgetown University, Washington via Edx
The University of Western Australia, Perth via Coursera
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