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Economics Atlas

Principles of Macroeconomics

This course introduces students to the fundamental concepts and tools of macroeconomics, focusing on how economies function at the aggregate level. Students will learn to measure economic performance, understand the determinants of long-run growth and short-run fluctuations, and evaluate the effects of monetary and fiscal policy. Emphasis is placed on using data and models to analyze real-world economic issues and policy debates.

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Foundations and Economic Measurement

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Ten Principles of Economics and Thinking Like an Economist appears earlier in the syllabus and supports Production, Saving, and Investment.Production, Saving, and Investment appears earlier in the syllabus and supports Unemployment and Labor Market Dynamics.Unemployment and Labor Market Dynamics appears earlier in the syllabus and supports The Monetary System and the Role of Banks.The Monetary System and the Role of Banks appears earlier in the syllabus and supports Open-Economy Concepts: Trade and Exchange Rates.Open-Economy Concepts: Trade and Exchange Rates appears earlier in the syllabus and supports Aggregate Supply in the Short and Long Run.Aggregate Supply in the Short and Long Run appears earlier in the syllabus and supports The Influence of Monetary Policy on Aggregate Demand.The Influence of Monetary Policy on Aggregate Demand appears earlier in the syllabus and supports The Phillips Curve and Inflation-Unemployment Tradeoff.The Phillips Curve and Inflation-Unemployment Tradeoff appears earlier in the syllabus and supports The Financial System and Economic Instability.The Financial System and Economic Instability appears earlier in the syllabus and supports Synthesizing Macroeconomic Models and Policy.prerequisite

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Ten Principles of Economics and Thinking Like... -> Production, Saving, and Investment

Ten Principles of Economics and Thinking Like an Economist appears earlier in the syllabus and supports Production, Saving, and Investment.

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Ten Principles of Economics and Thinking Like an Economist

This lesson introduces the core principles that underlie all economic analysis, focusing on how people make decisions, interact, and how the economy as a whole works.

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Ten Principles of Economics and Thinking Like an Economist: the core idea

This lesson introduces the core principles that underlie all economic analysis, focusing on how people make decisions, interact, and how the economy as a whole works. The key thing to notice is: The 10 Principles: 4 about individual decision-making (trade-offs, opportunity cost, marginal thinking, incentives), 3 about interactions (trade, markets, governments), 3 about the economy as a whole (productivity, inflation, inflation-unemployment trade-off). A useful example is Student loan forgiveness: trade-off between taxpayer cost and human-capital gains. Do not treat this as a vocabulary item; the point is to use it to reason about a new situation.

Where would Ten Principles of Economics and Thinking Like an Economist show up in an everyday decision or news headline?

Look for the hidden relationship in the example: Student loan forgiveness: trade-off between taxpayer cost and human-capital gains.

Ten Principles of Economics and Thinking Like an Economist: the core idea