About this courseSkip About this course
This course consists of two types of materials. The first type of materials concerns with how to measure the performance of the economy as a whole. The second type of materials concerns how to explain why a country underperforms in one or more of these aspects, and what can be done about it. The behaviour of an economy as a whole is often broadly predictable, but sometimes it can suddenly change. You will learn how to understand macroeconomic data and know how it can be interpreted for analysis.
What you'll learnSkip What you'll learn
This course focuses on:
An overview of Gross Domestic Product (GDP) and the difference between nominal and real GDP,
An insight into the different models of economic growth,
Lessons on how to measure and identify the various types of unemployment,
An exploration into labour markets, including labour supply and demand.
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