Free Macroeconomics Course

Gain a deeper understanding of economic systems with this free macroeconomics course. Explore key principles such as supply and demand, market structures, resource allocation, and government intervention. Learn how economic policies shape industries, businesses, and individual financial decisions. This course equips students with the knowledge to analyze economic trends, make informed decisions, and understand the impact of macroeconomic factors on global and local markets. Enroll today and expand your economic expertise!

Course Overview:

This course introduces economic analysis of individual, business, and industry choices in the market economy. Topics include the price mechanism, supply and demand, optimizing economic behavior, costs and revenue, market structures, factor markets, income distribution, market failure, and government intervention. Upon completion, students should be able to identify and evaluate consumer and business alternatives in order to achieve economic objectives efficiently.

Meet Your Professor:

Michael Greene - Professor of Principles of Macroeconomics

Michael holds a Bachelor’s degree in Finance from Middle Tennessee State University, an MBA from Charleston Southern University, and a Master’s in Healthcare Administration from Ohio University. He has experience in the senior living industry and corporate finance, including roles in operations and specialty lending at Wells Fargo. Feeling called to ministry, Michael transitioned from finance to full-time ministry and now develops the Business Enterprise curriculum at Christian Leaders Institute.

You will Learn and Grow in the Following Topics:

Understand that economics is about the allocation of scarce resources, that scarcity forces choice, trade-offs exist, and that every choice has an opportunity cost. Demonstrate these concepts using a production possibility frontier diagram.
Understand how comparative advantage provides the basis for gains through trade.
List the determinants of the demand and supply for a good in a competitive market and explain how that demand and supply together determine equilibrium price.
Understand the role of prices in allocating scarce resources in market economies and explain the consequences of price controls.
Define an externality and a public good and explain why the presence of externalities and public goods make markets inefficient. Analyze various government policies aimed at solving these inefficiencies.
Understand the costs of production and how profit-maximizing firms determine how much to produce. Be able to distinguish between long-run decisions and short-run decisions.
Distinguish between perfect competition and imperfect competition and be able to explain the welfare loss in non-competitive markets.

What Other Students Are Saying....

“What I have learned in this class that will help me in my ministry calling is a deeper understanding of how economic principles, such as fiscal policy and government spending, impact both individuals and communities. This knowledge will help me guide people in making more informed decisions in times of economic difficulty or crisis, as well as understanding the broader context of societal wellbeing. I particularly appreciated how the course examined the relationship between macroeconomic policy and real-world outcomes, as this has relevance for understanding how I can provide support to those struggling in financial hardship.”

“This class has provided me with a comprehensive understanding of macroeconomic principles, such as GDP, inflation, unemployment, and fiscal and monetary policies. This knowledge will help me make informed decisions in managing church resources, planning community outreach programs, and addressing economic disparities within my ministry. I appreciated the structured approach to complex economic concepts, making them accessible and understandable.”

“I now have a better knowledge of how economic systems affect people's individual and collective well-being thanks to this macroeconomics course. Since many of the people I may counsel or minister to may be impacted by financial hardships or economic disparities, this information is essential for ministry. Gaining knowledge on macroeconomic variables such as unemployment, inflation, and fiscal policies would enable me to offer more helpful advice and support, particularly to people who are struggling financially. I liked how this course made the connections between economic theories and practical applications, which helped me understand how macroeconomic policies impact people's day-to-day lives. I really enjoyed how it broke down difficult subjects into simple terms, making something I had never heard of before easier for me to understand.”

Number of Students Who Have Completed This Course

Join over 900,000 enrolled CLI students online and take the next step in your spiritual formation.

Expand Your Knowledge with Our Free Macroeconomics Course

Are you ready to explore the key principles of macroeconomics? Our free macroeconomics course provides a comprehensive understanding of how economies function on a large scale, equipping you with essential analytical skills.

In this course, you’ll explore:

The fundamentals of supply, demand, and market structures
How scarcity, trade-offs, and opportunity costs impact decision-making
The role of government intervention and economic policies
The effects of externalities and public goods on market efficiency
How businesses optimize production and manage costs

This free macroeconomics course is perfect for students, entrepreneurs, and professionals who want to develop a solid foundation in economic analysis. Enroll today and gain the skills to evaluate consumer, business, and government choices with confidence!