Macroeconomics and the Global Economy, Johns Hopkins University, Center for Talented Youth
Syllabus | Course Webpage
What are the key indicators of an economy’s performance? How do governments craft monetary and fiscal policies to promote economic growth? What does it mean for a country to have a trade deficit? Analyzing economies at an aggregate level, macroeconomics—the study of economic systems—explores questions such as these, providing a bird’s-eye view of economic activity.
Students in this course explore fundamental concepts in macroeconomics including national income, economic growth, inflation, employment, money, banking, financial markets, and the role of public policy. Building upon this foundation, students consider the global economy and issues in international trade and finance. Students examine comparative advantage and balance of payments, along with exchange rates and foreign currencies. By applying mathematical concepts to economic theory, students explore how economists analyze and predict changes in the economy.
Through lectures, readings, discussions, simulations, and research, students gain a firm grounding in macroeconomics and an introduction to central concepts in international trade and finance. Throughout the course, they draw from this knowledge to better understand the state of the US and world economies today.