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beginner levelMacroeconomics: Growth and Inflation
1.5-3hrs
diplomaBusiness
This course on macroeconomic inflation and unemployment explores the economic business cycle in both the short-term and long-run. It covers the concept of aggregate demand (AD), recessionary and inflationary gaps, and long-run macroeconomic equilibrium. Another topic you will explore includes the short-run effects of unemployment. By the end of the material, you will be able to describe and understand the full economic business cycle.
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Macroeconomics: Growth and Inflation
Unpack the effects of the natural business cycle, economic inflation and unemployment in this free business course.
This course on macroeconomic inflation and unemployment explores the economic business cycle in both the short-term and long-run. It covers the concept of aggregate demand (AD), recessionary and inflationary gaps, and long-run macroeconomic equilibrium. Another topic you will explore includes the short-run effects of unemployment. By the end of the material, you will be able to describe and understand the full economic business cycle.
Course description
Course module
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Module 17 Lessons
Unemployment and Inflation
This module explains the aspects of unemployment and its relationship with economic inflation. You will learn about different types of unemployment and their impact to the economy. The module also covers the following: How to Compute Unemployment Rate, Unemployment over the Long Run and the inverse relationship between Inflation and Unemployment.
1.Learning Outcomes
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2.How Economists Define and Compute Unemployment Rate
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3.Patterns of Unemployment
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4.What Causes Changes in Unemployment over the Short Run
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5.What Causes Changes in Unemployment over the Long Run
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6.Relating Inflation and Unemployment
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7.Lesson Summary
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Module 27 Lessons
Aggregate Economic Activities and Fluctuations
Module 31 Lessons
Course assessment
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