Advanced Topics in Macroeconomics
Advanced topics in macroeconomics Online High School Course
COURSE LENGTH:
Full Year (30 Sessions)
COURSE DESCRIPTION:
This course seeks to give students a comprehensive understanding of the core macroeconomics principles to understand the economic system in which we function. Primarily, students will develop an economic lens, grounded in math, data, and modeling to use and apply to the world around them.
Students will first uncover the major macroeconomic principles and define the basics of major models (e.g., circular flow, GDP). Secondly, students will learn how to use these models to describe the macroeconomic changes in the world around them. Lastly, students will learn how to use all the tools in the class to predict future policies’ economic impacts using models, graphs, and data.
Specifically, this course will delve into the following topics: business cycle, national income and price determination, monetary policy, fiscal policy, and international trade. This course will require a strong foundation in algebra to understand each of the models’ components. While not the intent of the course, students will be prepared to take the AP Macroeconomics exam.
COURSE LENGTH:
30 hours of synchronous work
45 hours of asynchronous work
Materials:
Principles of Macroeconomics 2e
LEARNING OBJECTIVES:
Define major economic principles and their respective models
Understand the interdependency and connections of economic principles and models
Use economic models to explain and predict impacts of macroeconomic changes
Comprehend articles and policy briefs and how they use economic concepts
Develop written arguments in policy briefs
Gather and analyze data to understand previous and current business cycles
Compare predictions from economic models and impacts of current fiscal and monetary policy
Explore the pros and cons of current macroeconomic theories