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Learner Reviews & Feedback for Principles of Economics: Macroeconomics - The Big Picture by Rice University

4.8
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31 ratings

About the Course

Take a trip with me in this the third and final course of this Economics 100 Specialization which is a direct adaptation from one of my courses I teach at Rice University. Specifically, in this course we're going to be focusing on Macroeconomics. What is Macroeconomics you might be asking? Well, you've come to the right place! We're going to be going over the big picture of economics- which is examining the measures we use to gauge the health of national economies and study the theories and policies aimed at improving economic health. In a nutshell, how can we use economics to make the world a better place? Through course lectures, quizzes, discussions, and problem sets, my hope is that you'll be able to digest economic news with a more discerning viewpoint, and have a more informed view about the cost and benefits of economic policy. Finally, my hope is that you've learned to look at the world around you through the eyes of an economist. By the end of this course you should be able to: 1. Describe how GDP is used to measure macroeconomic performance. 2. Describe how inflation is used to measure macroeconomic performance. 3. Describe how unemployment rates and participation rates are used to measure macroeconomic performance. 4. Identify the primary sources of economic growth and explain the observed cross- country differences in income per capita. 5. Define savings and explain the factors influencing financial flows and international trade. 6. Identify the function of the federal reserve, describe the relationship between nominal interest rates, money demand and money supply, and describe the relationship between exchange rates and Net Exports. 7. Explain the interaction between aggregate demand and aggregate supply to determine the price level, real GDP, and employment. 8. Describe the role of government and analyze policy responses to business cycle shocks...

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1 - 5 of 5 Reviews for Principles of Economics: Macroeconomics - The Big Picture

By Mumtaz H

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Jun 30, 2024

I attended this course to refresh and update my knowledge of macroeconomics, and I found it to be exceptionally informative and easy to understand. Dr. James DeNicco, the instructor, delivered the material in an engaging and enjoyable manner, making complex concepts accessible and interesting. His teaching style made the course not only educational but also fun.

By Taha V T

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Aug 2, 2024

The course was so informative and useful. The professor is really talented and explains everything clearly.

By Абишева А А

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Oct 17, 2024

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By Alex C S T

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Oct 31, 2024

n/a

By Kian H Y

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Feb 2, 2024

It is difficult. Even sometimes it may be suggested to take 15 minutes to finish but for me, it will take me up to 45 minutes instead. re-watch and think and do calculations.