Macro Economics - 2

Macro economics - 2

Macro Basics

In these lessons we move into the formal study of macroeconomics. Among the list of more important notions are the role an economy plays in the study of macroeconomics, the two key macroeconomic problems of inflation and unemployment, how these problems are related business-cycle instability, and economic stabilization policies designed to correct these problems.

 The first unit of this lesson lays the foundation for the study of macroeconomics, introducing the nature of an economy and providing a little information about the U.S. economy.  In the second unit, we examine some of the more notable macroeconomics problems, especially production, unemployment, and inflation.  We then take a look at the importance of business cycles in the macro economy, including recent trends in business cycle activity and a few potential business cycle causes.  The fourth unit then examines the role that economic policies play in the macro economy.  The firth unit wraps up this lesson with a few thoughts about the connection between political philosophies, economic policies, and economic theory

Individual Topics

Lesson Contents Unit 1: The Macro economy  An Economy  Macroeconomics  The U.S. Economy  Unit 1 Summary Unit 2: Macro Problems  The Goals  Production  Unemployment  Inflation  Other Concerns  Unit 2 Summary Unit 3: Business Cycles  Instability  Recent Trends  Causes  Unit 3 Summary Unit 4: Policies  Government  Viewpoints  Options  Unit 4 Summary Unit 5: Issues  Policies  Theories  Unit 5 Summary