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Understanding Macroeconomics for University and Business (Udemy.com)

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

Created by: Saifedean Ammous

Last updated March 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

How it compares

Against the other 1,210 rated Udemy courses in Business on CourseDuck:

  • Rating4.6 out of 5higher than 74% of them
  • Reviews1,351#375 of 1,211 by number of reviews
  • Length2.7 hoursshorter than 52% of them
  • Last updatedMarch 2016earlier than 97% of them

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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 minutesĀ of 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.

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Instructor Details

Saifedean Ammous

Author of the international best-seller, The Bitcoin Standard, translated to 36 languages, and The Fiat Standard and the forthcoming Principles of Economics. 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

4.6

1,351 ratings on Udemy

Select a bar to show only those reviews.Select the bar again to show every rating.

By Priya Raj on 3/20/2025

At a high level yes, it was useful but could have spent some more time on more detailed explanations on monetary and fiscal policies and when which policy would be implemented. Seemed very rushed and the material did not go deep into the critical aspects of understanding the impacts of macroeconomic policy in our daily lives as claimed by the educator in his introduction video.

By Samuel Brecker on 8/21/2022

Super clear explanations and notes. Only thing I might suggest: at certain times of the course, he indicates that there is disagreement around the validity of claims in the Keynesian model for macroecon. I would explore these disagreements/debate in a bonus video lecture at the end of the course to give the user some exposure to other theories/models briefly of macroeconomics to offer alternative perspective to the Keynesian model

By Kyle Newkirk on 5/18/2022

Great overview and explanations of all of the general concepts for someone with little/no experience in economics. Although I haven't taken any econ courses previously, I already knew a pretty good amount of what was taught. I would have appreciated a more in-depth look at some of the later topics - some of these concepts were glossed over or had overly simplified explanations. All in all, great course, well taught and laid-out.

By Brian Blum on 2/21/2021

Outstanding course sir. This is information dense...you waste no time getting right into the "nuts and bolts" of the topic. I'm going to use this information as part of my career change into trading the markets, and general macroeconomics is highly useful in that field, but this is practical for anyone wanting an introduction into the subject. I also appreciate the various documents that you have available (although at the moment, there are several that are coming up unavailable, at least on my android device). Regardless, thank you for an outstanding primer into a very practical and broad topic. May the Lord bless and keep you...cheers!

By Amir Adjadj on 1/26/2021

Amazing course!! You can tell Saifedean knows the subject really well as he takes the time to thoroughly explain every step of the course and by giving examples on board. Unlike many so-called teachers out there who monotonously read books behind pictures, Saifedean is in front of the camera talking and showing how macroeconomic works with such an ease! It's really refreshing. Well done Saifedean. Looking forward to more courses from him. Hugely recommend it. Bravo

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

Showing 12 of 131 reviews

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Overall Score : 92 / 100