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Macroeconomics & Social Impact
Macroeconomics For Social Impact — An Online Learning Bazooka
This is the first video on the Macroeconomics series and shares an introduction to basic concepts in economics. (This is revised from the original tutorial and read posted on The middle Road). Macroeconomics forms the backbone of our economy and is a significant enabler for understanding the underpinnings of social impact. The global development sector is prone to economic cycles, development economics is a major pillar for understanding policies and interventions for alleviating poverty, driving equitable education, sustainability, and much more. The tow key reference books for this course are Macroeconomics by M Gregory Mankiw and Macroeconomics Policy & Practice by Mishkin. One must refer to a good text book while referring to this course. The educational series designed and taught by Nishant Malhotra is structured for both undergraduate and postgraduate students. The course is extremely useful for CFA, and other certified courses as well as for working professionals.
This macroeconomic series will share an overview on the following topics. To gain more on an evidence-based approach, do refer to the tutorials under Statistics and Impact Evaluation.
Clarity on the impact of Macroeconomics:
The concept of supply and demand both in the short run and long run
Understand Demand and Supply Equilibrium through Airline Example
Behavior of Economy over Long Run Vs Short Run
Understanding of fiscal policy influences and monetary stabilization policies
Social costs of inflation; Implication of development economics, policies, evidence-based framework at a macro level
This tutorial discusses national income loanable funds fiscal policy tools. Learn the concept of national income, loanable funds and fiscal policy tools to change national savings and innovation to boost…
Learn about the Production Function and Total Factor Productivity. The concept is enunciated through real data examples of countries. Learn about Cobb-Douglas Production Function, its characteristics (Constant Returns to Scale…
This educational video, introduces concepts related to the short run of the economy. The module discusses economics and business cycles both expansion and contraction, including leading and lagging indicators of…