Module #1 Introduction to Macroeconomics Defining macroeconomics, understanding the difference between macro and micro, and exploring the importance of macroeconomic analysis
Module #2 Basic Economic Concepts Review of fundamental economic concepts:scarcity, opportunity cost, supply and demand, and market equilibrium
Module #3 Measuring Economic Activity Introducing GDP, GNP, and NNP; understanding the expenditures approach, income approach, and value-added approach
Module #4 GDP and Its Components Breaking down GDP into consumption, investment, government spending, and net exports
Module #5 Inflation and Deflation Defining and measuring inflation and deflation, understanding their causes and effects
Module #6 Unemployment Defining and measuring unemployment, understanding types of unemployment and their causes
Module #7 Economic Growth Understanding the importance of economic growth, measuring growth rates, and factors that influence growth
Module #8 Aggregate Demand and Supply Introducing the AD-AS model, understanding shifts in AD and AS, and analyzing equilibrium
Module #9 Fiscal Policy Defining fiscal policy, understanding government spending and taxation, and their effects on the economy
Module #10 Monetary Policy Defining monetary policy, understanding the role of central banks, and the tools of monetary policy
Module #11 Money and Banking Understanding the functions of money, the money supply, and the banking system
Module #12 International Trade Understanding the benefits and costs of trade, tariffs, quotas, and trade agreements
Module #13 Exchange Rates Defining exchange rates, understanding floating and fixed exchange rates, and their effects on trade
Module #14 Balance of Payments Understanding the balance of payments, current account, and capital account
Module #15 Economic Systems Comparing command economies, market economies, and mixed economies
Module #16 Economic Development Understanding economic development, measuring economic development, and factors that influence development
Module #17 Inflation and Monetary Policy Analyzing the relationship between inflation and monetary policy, and the role of central banks
Module #18 Fiscal Policy and the Multiplier Understanding the multiplier effect, and the role of fiscal policy in stabilizing the economy
Module #19 Supply-Side Economics Understanding the concept of supply-side economics, and its impact on economic growth
Module #20 Demand-Side Economics Understanding the concept of demand-side economics, and its impact on aggregate demand
Module #21 Economic Instability Analyzing the causes and effects of economic instability, including recession and depression
Module #22 Economic Indicators Understanding and interpreting economic indicators, including leading, lagging, and coincident indicators
Module #23 Economic Forecasting Understanding the importance of economic forecasting, and the methods used to forecast economic activity
Module #24 Course Wrap-Up & Conclusion Planning next steps in High School Macroeconomics career
