Study how aggregate supply and demand helps economists interpret economic events with this free macroeconomics course. Aggregate supply and demand are key concepts in macroeconomics. Determining the supply and demand for services can help economists interpret events in the past, provide a basis for price determination in a market, and even facilitate forecasts of the economy's future. This course will teach you the fundamentals of modelling aggregate supply and demand, and why a single event can have a significant effect on these models.
| College | Alison |
| Course ID | 201639 |
| Course Type | Online Learning |
| Course Qualification | CPD Certificate |
| Course Duration | 1.5-3 hours |
| Course Fee | Free |
| Entry Requirements | Like all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary. At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives. Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone. |
| Career Path | What You Will Learn In This Free Course • Describe how supply and demand in the market affect the economy as a whole • Discuss the difference between short run and long run supply • Outline how economic models are compiled • See how perceived wealth can affect our economy • Describe how economic models can be used to indicate possible outcomes in the economy |
| Course Code | 1776 |
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