Principles of Macroeconomics (EN)

by James DeNicco

Understanding the Fundamental Issues of Macroeconomics

This course provides an introduction to aggregate economic analysis and using the aggregate demand/aggregate supply model for the determination of output, employment, and prices.

It is targeted at those who desire to learn the fundamentals of Macroeconomics. It will be valuable to those who are learning about macroeconomics for the first time or are looking to revisit the fundamentals of Macroeconomics. After this course, you should be able to do the following:

Describe how inflation, unemployment and GDP are used to measure macroeconomic performance.
Describe how unemployment is used to measure macroeconomic performance.
Describe GDP is used to measure macroeconomic performance.
Identify the primary sources of economic growth.
Explain the observed cross-country differences in income per capita.
Explain the interaction between aggregate demand and aggregate supply to determine the price level, real GDP, and employment.
Identify the structure and functions of a central bank.
Explain the factors influencing international trade and financial flows.
Analyze policy responses to business cycle shocks.

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Course Details

Videos 12
Duration 4:27 h
Quiz questions 50
Concept Pages 0

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Your Educators of course Principles of Macroeconomics (EN)

James DeNicco

Dr. DeNicco graduated from Drexel University in 2013. His primary field is Macroeconomics and his secondary field is Industrial Organization. His primary research interests are in Macroeconomics and applied Macroeconomics, especially the relationship between GDP growth and labor dynamics.

His focus is on jobless recovery, which explores the speed of recovery in unemployment rates post recession, controlling for GDP growth. He is currently an Assistant Professor at the University of Tampa, where he teaches both Macroeconomics and Microeconomics.

Dr. DeNicco also does work as a Research Associate for the Center for Labor Markets and Policy. In that role he has conducted extensive work with BLS and BEA data regarding estimation and forecasting techniques used by the Massachusetts Governor’s Office and the Rhode Island Department of Labor.

In addition, he collaborates on research identifying the determinants of successful transitions from high school to college and persistence in college, with the goal of identifying major transition barriers needing either program or policy intervention.

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amazing lecture

By Amir T. on 29. January 2023 for Principles of Macroeconomics (EN)

I really liked how James DeNicco teaches. It helped me in my premed economics course. It is deep and clear. Now I understand GDP better. I am a 1st-year medicine student at Jimma university. I recommend every medical student to use lecturio.