Get Ready For Your College Courses
To best prepare for your future studies, please review the below preparation resources. We encourage you to use the time before starting your first term, to get a taste of the topics of your upcoming courses. There’s no better time to start than now! Good luck with your studies!
This course provides a solid overview of the field of macroeconomics with the intent to develop a general understanding and appreciation of the factors and methods used to manage macroeconomic policy and the impact of these policies on the global economy. Macroeconomics is oriented largely toward national economic policy. The topics in this course appear regularly in the news.
This course will help you to understand how a nation’s economy works and how macroeconomic policy impacts a nation’s economy. It will help you to judge what policies you, as an informed member of society and participant in the economy, will or will not support.
- Principles of Macroeconomics. (2016). Open University of Minnesota. Licensed under Creative Commons Attribution-NonCommercial-ShareAlike CC BY-NC-SA 3.0 license. Available at: https://open.umn.edu/opentextbooks/BookDetail.aspx?bookId=33
Macroeconomics -BUS 1104 -Course Schedule and Topics:
This course will cover the following topics in eight learning sessions, with one Unit per week. The Final Exam will take place during Week/Unit 9 (UoPeople time).
Week 1: Unit 1 – Economics: The Study of Choice (Chapter 1) and Demand and
Supply (Chapter 3)
Week 2: Unit 2 – A Brief History of Macroeconomic Thought and Policy (Chapter 17)
and Macroeconomics: The Big Picture (Chapter 5)
Week 3: Unit 3 – Aggregate Demand and Aggregate Supply (Chapter 7) and
Consumption and Aggregate Expenditures Model (Chapter 13)
Week 4: Unit 4 – Financial Markets and the Economy (Chapter 10) and Monetary
Policy and the Fed (Chapter 11)
Week 5: Unit 5 – Government and Fiscal Policy (Chapter 12) and Socialist
Economies in Transition (Chapter 20)
Week 6: Unit 6 – Economic Growth (Chapter 8) and Net Exports and International
Finance (Chapter 15)
Week 7: Unit 7 – Inflation and Unemployment (Chapter 16) and Inequality, Poverty,
and Discrimination (Chapter 18)
Week 8: Unit 8 – Investment and Economic Activity (Chapter 14) and Economic
Development (Chapter 19)
Week 9: Unit 9 – Course Review and Final Exam