Macroeconomics: An Introduction to How The World Works

Introduction to Macroeconomics

What is macroeconomics, and why should you care? A quick intro to how the world works.

What is GDP?

How do we measure a country’s economic success? Let’s walk through a common yardstick: the gross domestic product.

What Are Economic Disasters?

Begin with one of the more dramatic aspects of macroeconomics – financial crises – and see why macroeconomics matters.

Is Free Trade Good or Bad?

Why free trade can be good for an economy, and a brief explanation of its potential undesirable unintended consequences

What Are Federal Reserves?

What does the Federal Reserve do? Learn about monetary policy and the role of ‘The Fed.’

What Are Economic Agents?

Meet the main characters of an economy, the roles they play, and their interactions with each other.

Is Long-Term Economic Growth Sustainable?

How can developed countries sustain growth? Let’s take a look at Robert Solow’s Growth Model.

What is Fiscal Policy?

Taxation and government spending are commonly used intervention tools during crises. What dangers and limitations do they present?

Why Are Economic Issues So Bad?

Why are uncontrolled inflation and unemployment such menaces? This tile provides a brief guide.

What is the Business Cycle? Economic Growth and Decline

Read about 2 crucial elements in an economy’s growth journey – aggregate demand and aggregate supply.