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CLEP Principles of Macroeconomics

This course will take you on a thrilling journey through the intricacies of national income, inflation, unemployment, fiscal policy, monetary policy, and so much more.
Gina Jude Curriculum--CLEP and AP Specialists
Average rating:
4.7
Number of reviews:
(213)
Rising Star
Class

What's included

7 pre-recorded lessons
7 weeks
of teacher support
1 year access
to the content
Assessment
Assessment will be formal and informal. They are designed provide practice for students to succeed in future higher level business programs. There is a weekly graded assignment. There is a weekly graded assignment.
Grading
Homework and tests will be graded to allow students and parents to judge progress and readiness for future learning.

Class Experience

US Grade 9 - 12
Intermediate Level
Are you ready to unlock the secrets of the economy and dive deep into the world of macroeconomics? Look no further than CLEP Principles of Macroeconomics! This dynamic course covers everything from inflation to fiscal policy, all designed to challenge your critical thinking skills and expand your economic knowledge. With Gina Jude Curriculum at its core, this course will take you on a thrilling journey through supply and demand curves, GDP calculations, and so much more. Get ready to analyze real-world economic issues with precision and finesse as you conquer each module with confidence. So buckle up, because CLEP Principles of Macroeconomics is about to take you on an exhilarating ride through the complexities of our global economy.
Learning Goals
Understanding of important economic terms and concepts
Interpretation and manipulation of economic graphs
Interpretation and evaluation of economic data
Application of simple economic models
learning goal

Syllabus

7 Lessons
over 7 Weeks
Lesson 1:
Basic Economic Concepts
 Scarcity
Economic Systems
Choice, Opportunity Cost, and the Production Probabilities Curve (PPC)
Comparative Advantage, Specialization, and Exchange
Demand,  Supply, and Market Equilibrium
Normal vs Inferior Goods
Movements Along a Supply Curve
Changes in Supply and Shifts of the Supply Curve
Market Equilibrium
Graded Assignment 1 
Lesson 2:
Measurement of Economic Performance
 The Circular Flow
Gross Domestic Product
Real vs Nominal Gross Domestic Product
Nominal and Real Values
Demand-Pull verses Cost-Push Inflation
Costs of Inflation
Unemployment-Definition and Measurement
Natural Rate of Unemployment
Graded Assignment 2 
Lesson 3:
National Income and Price Determination
 Aggregate Demand
The Crowding-Out Effect
Aggregate Supply-Short-Run and Long-Run Analyses
Sticky verses Flexible Wages and Prices
Determents of Aggregate  Supply
Macroeconomic Equilibrium-Short and Long Run
Actual verses Full-Employment Output
Business Cycle and Economic Fluctuations
Graded Assignment 3 
Lesson 4:
Financial Sector
 Money, Banking, and the Financial Sector
Definitions of Financial Assets, Money, Stocks, Bonds
Time Value of Money (Present and Future Value)
Banks and Creation of Money
Money Demand
Money Market
Loanable Funds Marker
Central Bank and Control of the Money Supply
Tools of Central Bank Policy
Quantity Theory of Money
Graded Assignment 4 

Other Details

Learning Needs
This course can be adjusted to accommodate any special learning needs of the student. Please contact teacher to make a learning plan.
External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.
4.7
213reviews
Rising Star
Profile
Teacher expertise and credentials
Gina Jude Curriculum is a certified teacher-tutoring and online teaching service. We offer online courses for homeschool students in a variety of subjects, including math, science, English, history, and more. We also provide tutoring services for students who are struggling in a particular subject.
Our mission is to provide quality education to all students, regardless of their learning style or ability. We believe that every student has the potential to succeed when given the proper tools and support.
The teacher for this course has a minor in business administration from Louisiana State University, a paralegal certificate, and a real estate license.

Reviews

Self-Paced Course
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$58

weekly or $400 for all content
7 pre-recorded lessons
7 weeks of teacher support
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1 year of access to the content

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Ages: 14-18

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