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Economic Fluctuations

Economic Fluctuations

This course is part of Principles of Macroeconomics Specialization

Instructor: Pearson

Included with Learn more

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1 module

Gain insight into a topic and learn the fundamentals.

Beginner level

Recommended experience

4 hours to complete

Flexible schedule

Learn at your own pace

1 module

Gain insight into a topic and learn the fundamentals.

Beginner level

Recommended experience

4 hours to complete

Flexible schedule

Learn at your own pace

What you'll learn

Analyze business cycle fluctuations using the aggregate supply-demand framework and the expenditure multiplier.
Evaluate the trade-off between inflation and unemployment, and the influence of Federal Reserve policy, using the Phillips curve.

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Build your subject-matter expertise

This course is part of the Principles of Macroeconomics Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

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There is 1 module in this course

This course empowers you to analyze the key drivers of short-term economic fluctuations by mastering the aggregate demand and aggregate supply model. You will investigate how consumer spending and government policy influence the business cycle and learn to apply the expenditure multiplier to see how small changes create amplified economic effects. By examining the short-run Phillips Curve, you will be able to explain the critical trade-off between inflation and unemployment, giving you a powerful framework to assess macroeconomic performance.

In this course, we examine changes in aggregate demand, focusing on how shifts in consumer behavior and government policy can impact overall economic demand. Next, we'll explore other influences on consumption expenditure, like consumer confidence and social factors that affect spending. We then investigate the size of the multiplier, learning how small changes can have amplified effects on an economy. Last, we'll delve into the short-run Phillips Curve to understand the inverse relationship between inflation and unemployment. This course empowers you to grasp multiple facets of macroeconomic fluctuations.

What's included

1 video2 assignments3 app items4 plugins

1 videoTotal 4 minutes

Economic Fluctuations4 minutes

2 assignmentsTotal 120 minutes

Practice Quiz60 minutes
Graded Quiz60 minutes

3 app itemsTotal 115 minutes

Reading: Aggregate Supply and Aggregate Demand pp. 331-35340 minutes
Reading: Aggregate Expenditure Multiplier pp. 357-37940 minutes
Reading: The Short-Run Policy Tradeoff pp. 383-40135 minutes

4 pluginsTotal 20 minutes

Interactive: Changes in Aggregate Demand5 minutes
Interactive: Other Influences on Consumption Expenditure5 minutes
Interactive: The Size of the Multiplier5 minutes
Interactive: Short-Run Phillps Curve5 minutes

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Instructor

Pearson

152 Courses179 learners

Offered by

Pearson

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Frequently asked questions

Yes, you can preview the first video and view the syllabus before you enroll. You must purchase the course to access content not included in the preview.

If you decide to enroll in the course before the session start date, you will have access to all of the lecture videos and readings for the course. You’ll be able to submit assignments once the session starts.

Once you enroll and your session begins, you will have access to all videos and other resources, including reading items and the course discussion forum. You’ll be able to view and submit practice assessments, and complete required graded assignments to earn a grade and a Course Certificate.