Macroeconomics Made Clear - Akila Weerapana, The Great Courses

Written by Akila Weerapana, The Great Courses
Read by Akila Weerapana
Format: M4B
Bitrate: 128 Kbps
Unabridged

Length: 12 hrs and 33 mins
Release date: 02-24-23

The issues addressed by macroeconomics are all around you, all the time—from taxes to inflation to mention of the GDP on the nightly news. By learning the principles of macroeconomics, you’ll be able to go beyond simply hearing the terms to better understanding their relationships to each other and how they create the economic environment in which you live. In fact, macroeconomics with its “big-picture glasses” allows you to better ask—and better try to answer—the biggest questions of our time, questions that impact the lives of billions of people.

In 24 revealing lectures, Macroeconomics Made Clear will introduce you to the subject that people have been theorizing about and modeling for almost 100 years. With easy-to-understand illustrations, charts, and graphs, Dr. Akila Weerapana of Wellesley College shows you the real-world applications of the mathematics behind the science. Dr. Weerapana shows you how macroeconomics offers a hopeful tool for the future and sheds light on what we observe now. He focuses on the beginning of macroeconomics when the new field tried to explain the causes of the Great Depression, subsequent business cycles, the COVID-19 pandemic with its economic impacts, and several of our greatest global challenges of today.

Macroeconomics Made Clear introduces you to the most significant macroeconomic modeling concepts to help you visualize the most interesting “what if” questions in economics. You’ll use the models to examine economic fluctuations, like the 2020 COVID-19 recession and others, and to explore when and how policymakers should respond to various economic shocks. Even more important, these models can help us address some of the defining economic challenges of our time: income inequality, migration, and climate change. In the conclusion of the course, Dr. Weerapana discusses ways to address the most pressing issue: climate change.