Principles of Macroeconomics

It is imperative to understand the principles of macroeconomics, in order to comprehend the rapidly changing macroeconomic environment, day to day economic developments (that you read about in national and international online and print media), the recent and current economic performance and behavior of your respective economies and the global economy and better understand what policymakers, economists and experts have to say about substantive macroeconomic issues such as GDP, inflation, interest rates, recession etc. Further, an understanding of the principles of macroeconomics will prove very useful for career advancement and/or making prudent and well-informed financial, business, strategic, managerial, marketing, sales, economic, consumption and/or savings related decisions in a milieu of rising economic uncertainty.

Principles of macroeconomics includes core concepts such as gross domestic product, consumer spending, private investment, aggregate demand and aggregate supply, business cycles, inflation and unemployment, monetary policy, fiscal policy, exchange rates and balance of payments, economic growth etc.

If you wish to learn the principles of macroeconomics on your own and have no, little or inadequate background of economics, then I would suggest that you take up an online course or a book that explains the core concepts of macroeconomics in a non-mathematical and digestible manner. Avoid online courses or books on principles of macroeconomics that are too technical or mathematical (unless you want to be an economist), as you could unnecessarily get caught up in equations and technicalities. Instead, focus on an online course or a book that is more practical, non-technical and easy to understand. You can search for an online course in macroeconomics (introductory or foundation level) or buy a book online – there are several options available on the internet.  

Another point worth keeping in mind is that if you wish to learn the principles of macroeconomics, do also try to simultaneously read about economic developments in  key economies – US, UK, Eurozone, Japan and China – and in your own economy, so that you can relate what you study with what is happening in the ‘real world.’  

Blog by:

Sher Mehta

CEO and Chief Economist

Macroeconomics School

sher.mehta@macroeconomics-school.com

Online Macroeconomics Courses

Macroeconomics School – an online global school of macroeconomics with a vocational orientation – has been set up by a professional economist (who has worked predominantly in London, UK, and Mumbai, India) to offer training in macroeconomics (through highly affordable and non-technical online macroeconomics courses) to professionals, managers, investors and students across the globe (developed and developing countries) with a business, finance, investment, commerce, banking, marketing, technical or engineering background who have no, little or inadequate knowledge of economics.

The mission of Macroeconomics School, through its online macroeconomics courses, is to empower professionals, managers, investors and students across the globe to comprehend changes in the macroeconomic environment and its underlying causes, understand short run fluctuations in economic activity in an economy (developed or emerging/developing) and its underlying causes, comprehend the growing influence of macroeconomic factors on business conditions/ environment and better understand what economists, policy makers and experts have to say about key economic issues (such as inflation, GDP, interest rates, fiscal deficit, trade and current account deficit, exchange rates etc.), day to day economic developments and recent and current economic performance of their respective economies, other economies and the global economy – for career advancement or progression, better employment prospects or more prudent commercial, financial, investment, strategic, marketing, sales and economic decision making in an milieu of escalating economic instability and uncertainty.

Online Macroeconomics Courses

  Online Macroeconomics Courses

The distinguishing aspect of Macroeconomics School is that it seeks to provide training in macroeconomics (through online macroeconomics courses) in a non-technical manner and make it relevant to the ‘real world.’

Many online macroeconomics courses are highly technical or mathematical or theoretical and consequently many in the aforesaid audience who don’t understand mathematics or equations find it very difficult to follow this subject, which in turn makes it difficult for them to understand the economic environment or relate to it and consequently hampers their career advancement, employment prospects or decision making ability in an increasingly unstable economic environment. Further, many online macroeconomics courses are too general in nature or focused on long term economic development issues, rather than being focused on understanding the economic environment – which affects or impact professionals, managers, investors and students the most.

Macroeconomics Courses

             Macroeconomics Courses

Initially, this online school has come out with an online macroeconomics course – ‘Macroeconomic Concepts and Principles for Macroeconomic Monitoring,’ which provides a clear conceptual foundation of macroeconomics to empower the aforesaid audience to start comprehending changes in the macroeconomic environment in the short run and its underlying causes and better understand what economists, policy makers and experts have to say about key economic issues such as inflation, GDP, interest rates, fiscal deficit, trade and current account deficit, exchange rates etc. and day to day economic developments in their respective economies, other economies and the global economy. This school  will come out with more online macroeconomics courses in the near future.

Lastly, this online school has a very big differentiating factor; it has been pioneered by a professional economist (Sher Mehta) who is a specialist in monitoring the economic performance of many economies (US, Eurozone, UK, China, India and Japan, and the global economy) across the globe and has over 17 years of experience in the same. Further, he has worked predominantly in London, UK, and Mumbai, India and has been educated in London, UK, Antwerp, Belgium, and Mumbai, India. Consequently, Macroeconomics School can offer training in macroeconomics (through online macroeconomics courses) that is relevant for professionals, managers, investors and students in both developed and developing countries and that blends macroeconomic theory with ‘real world’ macroeconomics .

For more details about the school and its course offerings, please visit Macroeconomics School website:

http://www.macroeconomics-school.com/