- Course
Principles of Economics: Macroeconomics
What Is Gross Domestic Product (GDP)?
Why are the eggs in my homemade omelet part of GDP, but the eggs my baker uses are not?
Course overview
What you will learn
In this free course, following our Principles of Microeconomics course, you’ll continue to explore the economic way of thinking and the role incentives play in all our lives.
We’ll cover fundamental macroeconomics questions such as: Why do some countries grow rich while others remain poor? How important is a country’s banking system — and what happened during the recent financial crisis? How did Zimbabwe end up with an inflation rate that rose into the quadrillions?
We’ll also cover important topics like the Federal Reserve, monetary policy, fiscal policy, the Solow Growth Model, institutional analysis, the “economics of ideas,” and more.
Can I earn a certificate?
Yes, if you pass the final exam, you will earn the "Principles
of Economics: Macroeconomics" certificate on your MRU profile.
Creative Commons
This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.
The third party material as seen in this video is subject to third party copyright and is used here pursuant
to the fair use doctrine as stipulated in Section 107 of the Copyright Act. We grant no rights and make no
warranties with regard to the third party material depicted in the video and your use of this video may
require additional clearances and licenses. We advise consulting with clearance counsel before relying
on the fair use doctrine.
How can we improve MRU?
Our mission is to effectively teach economics.
Let us how you think we can improve our videos,
website, econ jokes, and anything else!