Understanding Macroeconomics for University and Business (Udemy.com)

Explaining the economics of fiscal policy, money creation, and monetary policy

Created by: Saifedean Ammous

Produced in 2016

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What you will learn

  • Understand macroeconomics
  • Understand economic policy-making
  • Make business decisions informed by knowledge of the state of the macroeconomy

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Quality Score

Content Quality
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Video Quality
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Qualified Instructor
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Course Depth & Coverage
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Overall Score : 90 / 100

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Course Description

People generally have a hard time understanding macroeconomics, but after 7 years of teaching this course at university level, I have mastered the best ways of explaining its concepts for students to be able to understand them and relate them to the real world.

This course is ideal for university students who are struggling to make sense of their textbooks and lectures, and will allow them to get better grades.

This course is also ideal for professionals and citizens who want to better understand the economic concepts they deal with in work and daily life, such as inflation, unemployment, monetary policy, and fiscal policy. This course will help you understand questions such as: Why does the government engage in expansionary fiscal policy? What is the motivation behind reducing taxes? What are the implications of a drop in interest rates? What determines the money supply? After taking this course, you will be able to better understand how macroeconomic events impact your life, and can make better-informed decisions.

The course is composed of 12 lectures, totaling 2 hours and 40 minutesof video. Each lecture will come with detailed lecture notes that emphasize and explain the main ideas. There will also be several practice problems for students to complete. For best results, students are urged to read the notes, watch the video, re-read the notes, and then solve the practice problems.
Who this course is for:
University students who want to understand macroeconomicsProfessionals who want to understand how macroeconomics impacts their work.
Citizens who want to understand government economic policy.

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Instructor Details

Saifedean Ammous

Assistant Professor of Economics at the Lebanese American University and Visiting Scholar at the Columbia University Center on Capitalism and Society.
Holds a PhD in Sustainable Development from Columbia University, an MSc in Development Management from London School of Economics, and a Bachelor of Mechanical Engineering from the American University of Beirut.

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Reviews

4.5

123 total reviews

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By Tamara Iskandar on 12/27/2020

Course was very concise, well taught and covered all the basics! One thing I would love is to have the camera angled slightly better as sometimes there are notes on the whiteboard that are cut off. But other than that, it was great!

By Lester Edwards on 12/13/2020

Excellent explanation and presentation.

By Hussein Safieddine on 12/13/2020

Very Clear & intuitive explanation of Macroeconomics' Principles & dynamics although I know the instructor is a disbeliever in Keynesian Economic Model. Looking forward to taking his future courses on Austrian Economics or on other Economic models that really achieve balance, fairness, and collective wealth generation!

By Rahul Kumar Soam on 10/16/2020

Not able to undertand nominal and real GDP...need examples

By Nazif Ali on 10/10/2020

US government and central bank are full of Keynesians, so there is no way but to take the pill and understand how this model works so I can make profitable financial decisions in current unforeseen times. The course landed perfectly on my expectations and I can make much better sense of all the economic discussion going around us already. Explanations are good, not too detailed but enough to make sense and do some analysis of your own. Generally a great starter for anyone who wants to start gaining deeper understanding of our economy.

By Anonymized User on 10/3/2020

No insights provided. Too many equations with delving into the greater detail of how or why. As soon as he started consumption and investment everything went downhill.

By George Verghese on 9/27/2020

Explained well

By Yagiz Salor on 9/12/2020

I had no information about macroeconomics and this course helped me to understand it more. Instructor is really good at explaining the key points clearly. However, it would be nice if he could also add quizzes after each chapter to test our knowledge about the core concepts.

By Robert Abernethy on 8/10/2020

Solid introduction to Keynesian economics. Occasional mistakes in the recording make understanding slightly more difficult.

By Yash Singh on 7/26/2020

nice

By Amdutt Parthab on 7/25/2020

interesting

By Celso de Oliveira Castro on 7/23/2020

Good course. Its cover the political monetary quite well. I expected more on labor policies. But in all, its a money well expended.