What will you learn?
The GDP, its meaning, measurement, and components
The main indicators of the labor market and the nature of unemployment
Savings, investment, and the financial system
The monetary and the banking system
Central banks, monetary policies, and inflation
International trade, capital flows, and exchange rates
Economic fluctuations
Fiscal and monetary policies
About the course
Are you interested in a serious and solid background in economics?
This course offers you a thorough view of everything economists know about markets: their strengths, their failures, and how this view can help you understand the most relevant economic problems. We follow a rigorous approach that combines visual arguments with realistic examples to help you connect the main economic concepts with your own experiences.
The only required knowledge is certain familiarity with graph reading and basic high school mathematics.
By the end of this course, you will have explored the key questions in macroeconomics:
This course offers you a thorough view of everything economists know about markets: their strengths, their failures, and how this view can help you understand the most relevant economic problems. We follow a rigorous approach that combines visual arguments with realistic examples to help you connect the main economic concepts with your own experiences.
The only required knowledge is certain familiarity with graph reading and basic high school mathematics.
By the end of this course, you will have explored the key questions in macroeconomics:
- Why some societies manage to coordinate and prosper in the long run and others don’t. Are developing countries doomed? What is postponing their prosperity?
- Why even the most successful economies experience occasional crises that compromise the quality of life?
- Why are there spikes in the unemployment or inflation that cause pain in our societies? What can we do about it?
Program
Fundamentals of Macroeconomics
This introductory course to macroeconomic analysis provides a thorough view of what economists know about aggregate production, inflation, unemployment and economic policies and elevates the learner to a first-year undergraduate level.
Fundamentals of Macroeconomics
This introductory course to macroeconomic analysis provides a thorough view of what economists know about aggregate production, inflation, unemployment and economic policies and elevates the learner to a first-year undergraduate level.
Lecturers

Ángel Hernando-Veciana
Associate Professor in the Department of Economics Universidad Carlos III de Madrid

Esteban Nicolini
Visiting Professor at the Department of Economics Universidad Carlos III de Madrid
Platform
All the courses on this platform are free of charge. The authors are top universities and corporations that seek to maintain high quality standards. If you do not meet a deadline for assignments, you lose points. Like on other platforms, the videos in which the theory is explained are followed by practical assignments. Courses are available in English, Chinese, Spanish, French and Hindi.