Macroeconomics: Foundations and Insights

Macroeconomics: Foundations and Insights gives learners the tools to understand these forces and analyze how economic policies influence businesses, governments, and societies. Designed for learners looking to build a strong foundation in macroeconomics and economic policy, this course takes you from core concepts to real-world applications. You’ll learn how to interpret key macroeconomic indicators, understand GDP and national income accounting, and examine the causes and implications of inflation, unemployment, economic growth, and economic instability. Go beyond the basics by exploring aggregate demand and supply, Keynesian and Classical economics, the Phillips Curve, money and interest rates, and the IS-LM framework. You’ll also examine how fiscal and monetary policy can be used to promote macroeconomic stability. The course extends your understanding to the global economy, covering open-economy macroeconomics, exchange rate regimes, foreign exchange reserves, international monetary systems, and capital flows. Finally, explore major macroeconomic policy debates and development thinking, including orthodox and heterodox approaches, structural transformation, human development, and the evolution from the MDGs to SDGs. Whether you are a student, aspiring economist, policy professional, business learner, or simply want to better understand the economy around you, this course will help you develop the analytical foundation to interpret economic trends and evaluate policy choices.