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MacroEconomics for Beginners

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21 Reviews

MacroEconomics for Beginners is a course designed to teach you how economics affects our day to day lives.The terminologies such as GDP,GNP and Inflation are few of the highlights of this online course. Real world examples which affect our living conditions and aspects of growth rate of the country are explained, by the end of the course you will be able to understand the Union Budget of India.

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  1. Chapter 1

  2. Chapter 2

    • 2.1 - Types of Unemployment
    • 2.2 - Rate of Unemployment
    • Quiz 2
  3. Chapter 3

  4. Chapter 4

    • 4.1 - Supply and Demand
    • 4.2 - Supply and Demand Curve
    • Quiz 4
  5. Chapter 5

  6. Chapter 6

    • 6- Monetary System
    • Quiz 6
  7. Chapter 7

    • 7.1 - Monetary Policy
    • 7.2 - Fiscal Policy
    • 7.3 - Instruments of Fiscal Policy
    • Quiz 7
  8. Chapter 8

    • 8- Aggregate Supply and Aggregate Demand
    • Quiz 8
  9. Chapter 9

    • 9- Project: Union Budget 2014
  • About this Training

    In this course on Macroeconomics you will begin by learning all the basic terminologies like GDP GNP Inflation Fiscal Deficit. It gives you an insight into the factors that affect the prices of goods around us. By the end of the course you will be able to understand the Union Budget of India (2014-15).

  • Project in this Training

    The project of the course deals with the Union Budget of India, the course takers will be able to apply the concepts thought through the chapters and understand the budget and what it means to each of us.

  • Clear your Doubts

    You can ask all the questions in Clear your Doubts forum anytime, course experts will answer all your questions.

  • Get Certificate

    Receive an E-certificate from us once you complete the course. You can Download the Certificate from your Twenty19 account and also showcase it to your friends and family.

calculating CPI

asked by rohitshivhare

Hii Rohit
let me first clear the basics about CPI
CPI = (updated cost / base period cost)*100
In the given example the updated cost will be 200-100 = 100
and the base period cost will be 200 since we are calculating CPI for current yr so our base is this current year. hence it is
CPI= (100/200)*100 =50%
second thing it is said that CPI is increased by 50%, the word price is not mentioned in the video. In the video I am talking about CPI the index being increased by 50%.
I hope this clears your doubt

answered by , [ Oct, 2015 ]

cost push inflation

asked by rohitshivhare

Hii Rohit,
Cost push Inflation is caused by decrease in aggregate supply so in the example it is mentioned that due to sudden decrease in supply of crude oil, the prices of petrol and deisel increase. this decrease in supply may be due to natural disaster or increased prices of input

answered by , [ Oct, 2015 ]

what is base period cost in CPI?

asked by aishwaryaperi

The base period is the reference period which acts as benchmark for future years .in this case base period is the year 2000 and the base period cost is 100 which is acting as a reference for the period 2014

answered by , [ May, 2015 ]

what are the objectives of macro economics

asked by lagishettybhavani


Some of the objectives of macro economics are:

1) Stable and sustainable economic growth and development
2) Stable prices
3) Full employment
4) Keeping the balance of payments in equilibrium.
5 ) An equitable (fair) distribution of income

answered by Twenty19Expert Team, [ Feb, 2015 ]

Twenty19 Quiz- Question 1- MacroEconomics ( Post your Answers Here)

asked by Twenty19Expert Team

1.877 Trillion USD

answered by Twenty19Expert Team, [ Oct, 2014 ]

A)1.877 trillion USD

answered by ArjunRaj, [ Feb, 2015 ]

A)1.877 trillion USD

answered by ArjunRaj, [ Feb, 2015 ]

A)1.877 trillion USD

answered by ArjunRaj, [ Feb, 2015 ]

A)1.877 trillion USD

answered by ArjunRaj, [ Feb, 2015 ]

A)1.877 trillion USD

answered by ArjunRaj, [ Feb, 2015 ]

A)1.877 trillion USD

answered by ArjunRaj, [ Feb, 2015 ]

A)1.877 trillion USD

answered by ArjunRaj, [ Feb, 2015 ]

A)1.877 trillion USD

answered by ArjunRaj, [ Feb, 2015 ]

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