Fundamentals of Macroeconomics - Session Overview

You may be wondering why you are learning macroeconomics. 

To appreciate and make optimal economic decisions, it is important for you to understand how the economic activity of individuals and firms affects the bigger picture, ie the economy of a country or the world as a whole. 

The study of this bigger picture is macroeconomics. Macroeconomics studies the economic behaviours and implications of those behaviours by a group of individuals and firms. 

In this session

In this introductory session on macroeconomics, you will:

• Learn about the difference between microeconomics and macroeconomics
• Understand how income flows in an economy
• Learn that productivity means for an economy
• Understand how the size of an economy is measured in terms of GDP
• Learn what causes a recession in an economy
• Learn about two major macroeconomic models 

People you will hear from in this session

Chris Oates, PhD
Founder, Two Lanterns Advisory
 

Chris founded Two Lanterns Advisory, a political risk consultancy, where clients include the Department of Defense and financial institutions, and Legislata, a software tool for elected officials.

He has also served as a Senior Advisor to Voter Choice 2020 and worked at Oxford Analytica, as political and economic research firm. Chris has a PhD in International Relations from the University of Oxford and a BA from Brown University and lectures at a university in the United States.

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