About the Course
What are the key indicators of an economy's performance? How do governments craft policies that promote economic growth? What does it mean for a country to have a trade deficit? Analyzing economies at an aggregate level, macroeconomics explores questions such as these, providing a bird's-eye view of economic activity. This course surveys fundamental concepts in macroeconomics, including money, banking, inflation, employment, national income, economic growth, financial markets, and the role of public policy. Building upon this foundation, you'll consider the global economy and issues in international trade and finance; and examine the comparative advantage and balance of payments, exchange rates, and foreign currencies. By applying mathematical concepts to theory, you'll learn how professionals in the field analyze and predict changes in the economy. Through lectures, readings, discussions, simulations, and research, you'll gain a firm grounding in macroeconomics, an introduction to central concepts in international trade and finance, and a deeper understanding of the state of the U.S. and world economies today.
Typical Class Size: 16-18
Learning Objectives
- Construct and apply basic principles of macroeconomics to solving real-world problems
- Determine diagrammatic and graphical methods of macroeconomics and apply these to domestic and global economies
- Compare and contrast economic policy issues systematically, including the recognition of different values and the problem of conflicting goals within an economic system
- Identify factors of economic growth and compare and contrast economic growth across countries
- Examine and analyze the necessity of trade, and factors that determine a country’s ability to trade
- Justify ideas around comparative advantage and balance of payments to determine which countries should trade which goods and for how much
About Advanced Enrichment courses
These courses offer above-grade-level material that is presented in a novel context, explored with other advanced learners, and guided by a CTY educator to help prepare students for higher-order thinking and college-style academic challenges.
Requirements
CTY courses have grade-level requirements and most require minimum test scores. Some courses may also have prerequisites.
Identification DetailsDates and Tuition
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Registration Fee and Financial Aid
Tuition and fees will be waived or reduced for students who qualify for financial aid.
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