Economics: Macro (101) for Life and Business

categories: Business Management | Entrepreneurship

SDG 8: Decent Work and Economic Growth

By the end of this course, you will be able to

Define macro economics, its relation with business decisions and personal decisions and the importance of recognizing the economic decisions of the governments.
Take personal financial decisions taking into consideration the economic changes, in addition to learning the difference between micro and macro economics.
Define the principles of economics and what determines living standards, and the cost of living, you will also discover why the economy fluctuates.

Course details

1 h 32 m/22 lessons
Last updated: 8/9/2020
Course completion certificate

Course Content

Free lessons

"Introduction to Economics and its relation to life and business decisions "

4 Minutes

What Determines the Standard of Living?

4 Minutes

Nominal GDP VS Real GDP

3 Minutes

1. Macroeconomics 101: in Life & Business

"Introduction to Economics and its relation to life and business decisions "

4 Minutes

What Determines the Standard of Living?

4 Minutes

Nominal GDP VS Real GDP

3 Minutes

The Economic Growth

2 Minutes

GDP is not a perfect measure

7 Minutes

What Determines the cost of living (Inflation)?

7 Minutes

Decrease In Prices Is Disastrous

4 Minutes

Why Does the Economy Fluctuate?

7 Minutes

The Economic Cycle

2 Minutes

10.

Government Policies

7 Minutes

11.

The Fiscal Policy

5 Minutes

12.

The Monetary Policy

5 Minutes

13.

The Britton Woods System

4 Minutes

14.

How Banks Work

6 Minutes

15.

How this affects life and business decisions

1 Minutes

16.

Government Economic Policies

1 Minutes

17.

Who is Responsible for the Monetary Policy

3 Minutes

18.

The Open Market Operations

3 Minutes

19.

The Discount Rate

3 Minutes

20.

Monetary Policy Recession

2 Minutes

21.

Importance of Monetary Policy

2 Minutes

22.

Summary

About this course

Understanding the economic environment has become a vital asset; continuous economic changes affect our lives immediately and promptly. Throughout this course, you will understand the primary economic indicators and policies. You will be able to translate the different economic changes into information and their impact on our lives and business decisions. The course will provide you with a set of tools to help you achieve financial and economic happiness.

Course requirements and prerequisites

There are no requirements for this course, your interest in the topic and your commitment to learning are only what you need to achieve the most benefit from this course.