Macroeconomics Policy
This course is part of Macroeconomics Professional Certificate.
This comprehensive course focuses on understanding macroeconomic policy through the Aggregate Demand Aggregate Supply (ADAS) model. Students will explore how various factors influence real GDP and its deviation from natural levels. The course covers crucial topics including fiscal policy and its multiplier effects, monetary policy mechanisms, and the fundamentals of fractional reserve banking. Using real-world examples, learners gain practical insights into domestic and international macroeconomic issues. As part of the Professional Certificate in Macroeconomics, this course provides essential knowledge for both economics students and professionals seeking to enhance their economic understanding.
Instructors:
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What you'll learn
Understand and apply the Aggregate Demand Aggregate Supply model
Analyze fiscal policy impacts and multiplier effects on GDP
Master concepts of money and fractional reserve banking
Evaluate various monetary policies and their economic implications
Skills you'll gain
This course includes:
PreRecorded video
Graded assignments, Exams
Access on Mobile, Tablet, Desktop
Limited Access access
Shareable certificate
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Module Description
This comprehensive course explores macroeconomic policy through the lens of the Aggregate Demand Aggregate Supply (ADAS) model. Students learn about fiscal and monetary policies, including their implementation and impact on GDP. The curriculum covers essential concepts like fractional reserve banking, credit requirements, and various monetary policy tools. Through real-world applications, learners understand how these policies affect domestic and international economies. The course emphasizes practical understanding of economic concepts, making it valuable for both academic and professional development.
Fee Structure
Individual course purchase is not available - to enroll in this course with a certificate, you need to purchase the complete Professional Certificate Course. For enrollment and detailed fee structure, visit the following: Macroeconomics Professional Certificate
Instructor
3 Courses
Leading Expert in Development Economics and Health Inequality
Dr. KK Tang serves as Professor of Economics at the University of Queensland, where he combines expertise in development economics with innovative research in health and inequality studies. After completing his BSc from the University of Hong Kong and PhD from the Australian National University, followed by experience as a financial journalist and economic consultant, he has established himself as an influential researcher in health economics and inequality studies. His work spans multiple areas including mental health, income insecurity, and inequality of opportunity, demonstrated through numerous publications in leading journals like Social Science & Medicine and Journal of Economic Behavior & Organization. Through his teaching of macroeconomics at both undergraduate and postgraduate levels, he has earned multiple teaching awards while maintaining Senior Fellowship of the Higher Education Academy since 2018. His expertise particularly shines in analyzing economic insecurity and health outcomes, demonstrated through his research on mental health implications of economic uncertainty and innovative measures of development. Currently leading research initiatives at UQ while serving as a research associate at the Centre for Applied Macroeconomic Analysis, he continues to advance understanding of health economics while maintaining active research in educational innovation. His achievements include securing multiple Australian Research Council Discovery Project grants and developing new multidimensional measures of development that incorporate technology and institutional factors.
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