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14.02 Principles of Macroeconomics (MIT) 14.02 Principles of Macroeconomics (MIT)

Description

This course provides an overview of the following macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed, as are public debt and international economic issues. This course also introduces basic models of macroeconomics and illustrates principles with the experience of the United States and other economies. This course provides an overview of the following macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed, as are public debt and international economic issues. This course also introduces basic models of macroeconomics and illustrates principles with the experience of the United States and other economies.

Subjects

macroeconomics | macroeconomics | economics | economics | output | output | employment | employment | determination | determination | unemployment | unemployment | interest rates | interest rates | Federal Reserve | Federal Reserve | inflation | inflation | monetary policy | monetary policy | fiscal policy | fiscal policy | public debt | public debt | international economics | international economics | goods market | goods market | market | market | financial markets | financial markets | open economy | open economy | exchange rate | exchange rate | labor market | labor market | phillips curve | phillips curve | growth | growth | Solow's model | Solow's model | MACROECONOMICS | MACROECONOMICS | ECONOMICS | ECONOMICS | OUTPUT | OUTPUT | Macroeconomics | Macroeconomics | EMPLOYMENT | EMPLOYMENT | DETERMINATION | DETERMINATION | UNEMPLOYMENT | UNEMPLOYMENT | INTEREST RATES | INTEREST RATES | FEDERAL RESERVE | FEDERAL RESERVE | INFLATION | INFLATION | MONETARY POLICY | MONETARY POLICY | FISCAL POLICY | FISCAL POLICY | PUBLIC DEBT | PUBLIC DEBT | INTERNATIONAL ECONOMICS | INTERNATIONAL ECONOMICS | GOODS MARKET | GOODS MARKET | MARKET | MARKET | FINANCIAL MARKETS | FINANCIAL MARKETS | OPEN ECONOMY | OPEN ECONOMY | EXCHANGE RATE | EXCHANGE RATE | LABOR MARKET | LABOR MARKET | PHILLIPS CURVE | PHILLIPS CURVE | GROWTH | GROWTH | SOLOW'S MODEL | SOLOW'S MODEL | Economics | Economics | Output | Output | Employment | Employment | Determination | Determination | Unemployment | Unemployment | Interest Rates | Interest Rates | Inflation | Inflation | Monetary Policy | Monetary Policy | Fiscal Policy | Fiscal Policy | Public Debt | Public Debt | International Economics | International Economics | Goods Market | Goods Market | Market | Market | Financial Markets | Financial Markets | Open Economy | Open Economy | Exchange Rate | Exchange Rate | Labor Market | Labor Market | Phillips Curve | Phillips Curve | Growth | Growth | Solow's Model | Solow's Model

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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DP40 34 Economics B: Micro and Macro Economic Theory and Applications

Description

This Unit is designed to introduce you to differing economic perspectives, principles and objectives. During your studies, you will look at the effect of economic policies on economic objectives and how different groups within society are affected by those policies. It is a 2 credit Unit. This Unit is included in a number of frameworks for Higher National Certificate and Higher National Diploma group awards, including Social Sciences. There are four Outcomes. On completion of this Unit, you will be able to: 1. Evaluate different forms of wage determination. 2. Explain the economic principles of costs and their role in organisations’ output decisions. 3. Explain the theory of national income and income distribution in the UK. 4. Outline competing economic theories and their impact on an e

Subjects

DP4034 | Wage Determination | Imperfect Labour Market | Cost of Production | Classification of Costs | Multiplier Effect | Circular Flow of Income | Distribution of Wealth in UK | Effect of Taxation | E: Politics/Economics/Law/Social Sciences | POLITICS / ECONOMICS / LAW / SOCIAL SCIENCES | SCQF Level 7

License

Except where expressly indicated otherwise on the face of these materials (i) copyright in these materials is owned by the Colleges Open Learning Exchange Group (COLEG), and (ii) none of these materials may be Used without the express, prior, written consent of COLEG, except if and to the extent that such Use is permitted under COLEG's conditions of Contribution and Use of Learning Materials through COLEG’s Repository, for the purposes of which these materials are COLEG Materials. Except where expressly indicated otherwise on the face of these materials (i) copyright in these materials is owned by the Colleges Open Learning Exchange Group (COLEG), and (ii) none of these materials may be Used without the express, prior, written consent of COLEG, except if and to the extent that such Use is permitted under COLEG's conditions of Contribution and Use of Learning Materials through COLEG’s Repository, for the purposes of which these materials are COLEG Materials. Licensed to colleges in Scotland only Licensed to colleges in Scotland only http://content.resourceshare.ac.uk/xmlui/bitstream/handle/10949/17759/LicenceCOLEG.pdf?sequence=1 http://content.resourceshare.ac.uk/xmlui/bitstream/handle/10949/17759/LicenceCOLEG.pdf?sequence=1 COLEG COLEG

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14.02 Principles of Macroeconomics (MIT)

Description

This course provides an overview of the following macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed, as are public debt and international economic issues. This course also introduces basic models of macroeconomics and illustrates principles with the experience of the United States and other economies.

Subjects

macroeconomics | economics | output | employment | determination | unemployment | interest rates | Federal Reserve | inflation | monetary policy | fiscal policy | public debt | international economics | goods market | market | financial markets | open economy | exchange rate | labor market | phillips curve | growth | Solow's model | MACROECONOMICS | ECONOMICS | OUTPUT | Macroeconomics | EMPLOYMENT | DETERMINATION | UNEMPLOYMENT | INTEREST RATES | FEDERAL RESERVE | INFLATION | MONETARY POLICY | FISCAL POLICY | PUBLIC DEBT | INTERNATIONAL ECONOMICS | GOODS MARKET | MARKET | FINANCIAL MARKETS | OPEN ECONOMY | EXCHANGE RATE | LABOR MARKET | PHILLIPS CURVE | GROWTH | SOLOW'S MODEL | Economics | Output | Employment | Determination | Unemployment | Interest Rates | Inflation | Monetary Policy | Fiscal Policy | Public Debt | International Economics | Goods Market | Market | Financial Markets | Open Economy | Exchange Rate | Labor Market | Phillips Curve | Growth | Solow's Model

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

Site sourced from

https://ocw.mit.edu/rss/all/mit-allcourses.xml

Attribution

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