IIMBx launches MOOC on Macroeconomics: Theory and Policy on edX

The six-module course begins with an understanding of basic accounts and indicators of the economy. It proceeds with the theories of consumption, savings and investment and then demonstrates how shifts in aggregate demand and aggregate supply affect overall economic outcomes such as growth and inflation. The focus then shifts to government and its fiscal policies, taxation and the sort of impact it has on the economy. 

Concepts such as fiscal deficit, revenue deficit, and primary deficit are discussed in the course, along with the role of the Central bank and how it shapes the economy’s monetary policy. Various financial tools and policies are explained. It also throws on a country’s engagement with the world through trade and capital flows, where learners discuss external sector accounts, imbalances that a country may have, exchange rates and capital flows. This helps them look at an economy and its integration with the rest of the world.

Join by clicking on this link: Macroeconomics: Theory and Policy | edX