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GRATIS
Inicio / Buscador / Ciencias Sociales / Macroeconomía
University of Illinois at Urbana-Champaign vía Coursera
GRATIS

Country Level Economics: Macroeconomic Variables and Markets

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  • Course Orientation
    • You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course.
  • Module 1: Key Macroeconomic Indicators and Their Measurement
    • What do macroeconomic indicators like GDP, the unemployment rate, and inflation really mean? How are they measured? How should the figures for such variables be interpreted?
  • Module 2: GDP Components, Twin Deficits, and Balance of Payments
    • Expenditure is often different from income for individuals, but for the economy as a whole, aggregate income is always identical to aggregate expenditure. This has important implications for the functioning of the macroeconomy and the way policies affect it. The income-expenditure identity is also fundamental to the ways various part of the economy with different processes interact with each other. For example, it sheds a lot of light on the formation of the trade deficit and its connection with budget deficit and private savings.
  • Module 3: The Foreign Exchange Market
    • How does the exchange rate affect the trade balance and foreign payments of an economy? How does the exchange rate interact with domestic and foreign prices to determine the competitiveness of an economy’s producers? Where does the exchange rate come from? Since currencies are assets that can be bought and resold at different times, their exchange rates must depend on expectations and futures markets. How do the spot and forward exchange rates interact with the expected rates of future dates?
  • Module 4: Money, Interest Rate, and the Exchange Rate
    • The interest rate determines the exchange rate, the cost of capital, and the opportunity cost of using money. How is the interest rate determined? What factors drive the supply and demand for money? What constitutes money? What role do banks play in the monetary system? How do central banks influence the money market and the interest rate?