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Вернуться к Country Level Economics: Policies, Institutions, and Macroeconomic Performance

Отзывы учащихся о курсе Country Level Economics: Policies, Institutions, and Macroeconomic Performance от партнера Иллинойсский университет в Урбане-Шампейне

Оценки: 547
Рецензии: 89

О курсе

This course examines macroeconomic performance in the short run and the long run based on the economy’s institutional and policy environment. The first module develops a model of macroeconomy in the short run when the price level has its own momentum and does not respond much to supply and demand forces. The model enables one to see how GDP, interest rate, and exchange rate are determined in the short run and how they respond to macroeconomic shocks and policies. The second module starts the analysis of long-run equilibrium by examining the foreign exchange market. It then connects the long-run outcome with expectations about the future trends in the exchange rate at each moment, which constitute a key driver of the spot exchange rate in the short run. The methodology developed for this purpose can be applied to expectations concerning other macroeconomic variables as well. Finally, the long-run foreign exchange model is employed to derive a number of important lessons for the long run trends in currency values and competitiveness of producers in various countries. The third module examines the drivers of aggregate output in the long run and the mechanisms of adjustment from the short run to the long run. The model provides insights about why some countries are much richer than others and why some economies grow faster than others over decades. The analysis also sheds light on why inflation varies across countries or over time in the same country. The model is employed to analyze the sources of macroeconomic instability and the roles of fiscal and monetary policies in stabilization or destabilization of the macroeconomy. The final module discusses the characteristics of desirable macroeconomic policies and the reasons why actual policies deviate from them. It connects these deviations to country characteristics that one needs to take into account when assessing a country’s long-term macroeconomic environment. The module ends with a discussion of the institutional conditions that help bring about better fiscal and monetary policies. At the end of this course, you will be able to: • Understand how the market for aggregate goods and services interacts with the money market to shape the macroeconomic equilibrium that determines income, interest rate, and exchange rate in the short run. • Understand the links between the short-run and long-run processes. • Assess the dynamic effects of macroeconomic policies and understand the roles of globalization, government policies, institutions, and expectations in macroeconomic outcomes. This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and

Лучшие рецензии


Apr 27, 2020

Nice course. Of course it will take time for all the new knowledge to settle and become more comprehensible, but anyway really nice. Thank you to the lecturer and course developers


Aug 27, 2020

Fantastic course. Highly recommended if you want to dive into Macroeconomic, policies and how institutions behave under certain shocks. Not a trivial course, but very interesting.

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51–75 из 88 отзывов о курсе Country Level Economics: Policies, Institutions, and Macroeconomic Performance

автор: Sini E

Aug 21, 2020

it is an owesome course

автор: Artem A

Jul 03, 2019

Awesome course! Thanks.

автор: Edmundo X G M

Jul 11, 2018

Excellent Professor!

автор: syedzainaliraza

Dec 11, 2016

Excellent course!!

автор: ARVIND K S

Sep 01, 2019

Excellent course!

автор: Helen F

Jul 07, 2019

excellent course!

автор: Carlos J R P

Aug 01, 2020

Excellent course

автор: Natalia M G A

Jul 15, 2020

Great course!!!!

автор: Ahmad U H

May 10, 2020

Excellent course

автор: Charlotta S R

Jan 17, 2017


автор: Felipe R

Jul 08, 2019

Awesome course!

автор: Clinton E F I

Jul 01, 2019

Good content

автор: Dmitrii I

Apr 19, 2018

great course

автор: Damanjit

Jul 21, 2017

Great stuf!!

автор: Ha N S

Oct 20, 2020

Well done

автор: Asher C

Jul 12, 2020

The best!

автор: Nguyễn T T N

Dec 17, 2019

very good

автор: Rehile M

May 16, 2020


автор: NGUYỄN P D

Apr 06, 2020


автор: Jaison J M

Aug 23, 2020

This was a densely packed course with alot of information. However I feel this wasn't a bigginer level course as much of homework and prerequisite knowledge was required to get through this. The instructor was a fast with the basics and went straight to the point which for me as a non economics student felt was overburdening. Never the less, I have gained good amount of knowledge through this course.

автор: L.G. Y

May 30, 2020

really liked the transcript of the video (compared to course 3 didn't seem to have this. harder for me being a dyslexic) plus some of the important slides. compared to course 1,2, I felt I needed to do my own research more to pass the quiz rather than everything being tested were clearly taught in the video.

автор: Deepjyoti R

Jul 12, 2020

While this course teaches you a lot, I feel this can be an overwhelming course for someone with no background in any kind of economics. It would great if the course is updated to be more structured to make the students more engaged in the concepts. The language itself can be difficult to digest easily.

автор: Ngo N H

Jul 01, 2020

Thanks to the University of Illinois for designing this program that makes online learning more accessible for students. I appreciate this subject because it helps me to look fully and objectively about macro-economics.

автор: Nela N

Dec 09, 2019

Giving a lot insights on policy making area especially in country level economics

автор: Reid S

Jul 11, 2020

Excellent course, very thorough lecture videos. Challenging nonetheless.