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Library · Skill map

Macroeconomics

How whole economies behave — output, prices, employment, money and policy.

5 chapters · 13 skills

Map what you already know

  1. Chapter 1

    Measuring the economy

    • GDP
    • Price levels and inflationNeeds GDP
    • UnemploymentNeeds GDP

  2. Chapter 2

    Output and growth

    • The production functionNeeds GDP
    • Growth over the long runNeeds The production function

  3. Chapter 3

    Aggregate demand and supply

    • Aggregate demandNeeds GDP
    • Aggregate supplyNeeds Aggregate demand
    • Business cyclesNeeds Aggregate supply

  4. Chapter 4

    Money and banking

    • Money and the money supplyNeeds Price levels and inflation
    • Central banksNeeds Money and the money supply

  5. Chapter 5

    Policy and trade-offs

    • Fiscal policyNeeds Aggregate demand
    • Inflation and unemploymentNeeds Central banks, Unemployment
    • The open economyNeeds Fiscal policy