- Course type: Self-paced
- Available Lessons: 113
- Average Lesson Length: 8 min
Eligible for Certificate:
Certificates show that you have completed the course. They do not provide credit.
Watch a preview:chapter 1 / lesson 1Economic Scarcity and the Function of Choice
Course SummaryThis Macroeconomics Syllabus Resource & Lesson Plans course is a fully developed resource to help you organize and teach macroeconomics. You can easily adapt the video lessons, transcripts, and quizzes to take full advantage of the comprehensive and engaging material we offer. Make planning your course easier by using our syllabus as a guide.
To Start This Course Today
Try it risk-free for 30 days
Course Practice TestCheck your knowledge of this course with a 50-question practice test.
- Comprehensive test covering all topics
- Detailed video explanations for wrong answers
How It Works
You can use this macroeconomics course as a template for designing and implementing your course. Here are the key components of the course and how you can use them:
- Chapters - Each chapter covers a unit of macroeconomics, from economic scarcity, opportunity cost, and the production possibilities curve to net exports, imported goods, and trade restrictions. Use these chapters as mile markers as you map out your course. We recommend planning to spend a week on each chapter, but you can always allocate the chapters according to the length of your specific macroeconomics course.
- Lessons - Within each chapter are video lessons that further break down topics into bite-sized chunks. These lessons cover single topics like the Phillips curve or the consumer price index. Each one is often appropriate for a single class.
- Key Terms - Within each lesson are key terms. These are emphasized on screen and in the transcript. As you develop your syllabus, these key terms help you focus on the most important learning objectives. For example, the lesson on Keynesian and classical economic models includes key terms like potential output, expansion, and recession.
As you work on your macroeconomics lesson plans, save time by incorporating video lessons from this resource. Here's how:
- Introduce Topics - Your students will be in the right mindset for understanding topics like comparative advantage if you begin class with a short video. It can be a jumping-off point for a lecture, group activity, or class discussion.
- Break Up Lectures - The video format, which often includes animation, helps students visualize topics like market supply and demand schedules, gross domestic product, and the federal reserve system.
- Assign For Homework - Each lesson in the course, from economic scarcity to trade restrictions, can be assigned to your students as homework.
Each video lesson includes a complete transcript. You can utilize these transcripts in several ways:
- Lecture Notes - Do you need a guide as you plan a lecture, such as one on the unemployment rate or the basic functions of money? The transcripts cover each topic in depth, with key terms highlighted for quick reference.
- Student Reading - Perhaps you'd like your students to learn about hyperinflation, but you don't have class time available. Assign the transcript as extra reading.
- Study Tools - When it's time for a unit exam on the central bank and the money supply, you can point your students to the transcripts on the quantity theory of money, interest rates, and related topics to help them study.
Each video lesson has a corresponding quiz. Here's how to use the quizzes:
- Homework - Assign a quiz to your students as homework. You'll receive an email with the results, which enables you to verify they've completed the assignment and that they've understood the material. Questions cover everything from the goals of expansionary fiscal policy to key facts, like factors affecting exchange rates.
- Tests - You can meld the material in the quizzes into your own student assessments, saving you valuable time. Need a few questions on methods for measuring the economy? There are plenty!
- Discussions - Jump-start a discussion with questions like: How is market equilibrium calculated?
Below is a sketch of the macroeconomics syllabus modeled on a 15-week course. This sample can be adapted based on your course schedule. Navigate the chapters and lessons for more detail.
|Week||Unit||Sample of Topics Covered|
|Week 1||Scarcity, Choice, and the Production Possibilities Curve||Economic scarcity, opportunity cost, the production possibilities model|
|Week 2||Comparative Advantage, Specialization, and Exchange||The law of comparative advantage, benefits of specialization, gains from trade, absolute advantage|
|Week 3||Demand, Supply, and Market Equilibrium||Market supply and demand curves, the law of demand, the substitution effect, supply and demand shifters|
|Week 4||Measuring the Economy||The circular flow model, components of gross domestic product, the income and expenditure approaches to measuring growth|
|Week 5||Inflation Measurement and Adjustment||The consumer price index, GDP deflator, the multiplier effect, cost-push inflation, demand-pull inflation|
|Week 6||Understanding Unemployment||The unemployment rate, types of unemployment, the theory of rational expectations, minimum wage|
|Week 7||Aggregate Demand and Supply||Keynesian and classical models of the economy, the aggregate supply and aggregate demand model, marginal propensity to consume, supply shocks|
|Week 8||Macroeconomic Equilibrium||The business cycle, real output, full employment GDP, recession and depression|
|Week 9||Inflation and Unemployment||The Phillips curve model, short- and long-run behavior of the Philips curve|
|Week 10||Economic Growth and Productivity||Real GDP per capita and the standard of living, physical and human capital, factors affecting productivity|
|Week 11||Money, Banking, and Financial Markets||Financial asset types, the time value of money, the fractional reserve banking system, the multiplier effect, money supply and demand curves|
|Week 12||Central Bank and the Money Supply||The federal reserve system, open market operations, the velocity and quantity theories of money, real and nominal interest rates|
|Week 13||Fiscal and Monetary Policies||Fiscal policy tools, automatic stabilizers, contractionary and expansionary gaps|
|Week 14||Foreign Exchange and the Balance of Payments||Exchange rates, currency appreciation and depreciation, trade deficits and surpluses|
|Week 15||Inflows, Outflows, and Restrictions||Net exports, capital flows, financial markets and goods markets, tariffs and quotas, trade restrictions|
Earning College Credit
Did you know… We have over 160 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.
To learn more, visit our Earning Credit Page
Transferring credit to the school of your choice
Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.
Research Schools, Degrees & Careers
Get the unbiased info you need to find the right school.
Browse Articles By Category
Browse an area of study or degree level.
- Biological and Biomedical Sciences
- Communications and Journalism
- Computer Sciences
- Culinary Arts and Personal Services
- Liberal Arts and Humanities
- Mechanic and Repair Technologies
- Medical and Health Professions
- Physical Sciences
- Transportation and Distribution
- Visual and Performing Arts
- Educational Videos Help Teacher to Make Online Courses More Engaging
- How Tech Can Help Teachers Create Engaging Lesson Plans
- Lesson Plan Design Courses and Classes Overview
- Guided Reading Lesson Plans
- How Teachers Use Video Lessons to Help ADHD Students Learn
- Distance Education Courses That Can Help Teachers Relocate Easily
- Flip Your Classroom with Study.com's Engaging Video Lessons
- Natural Resource Management Courses and Classes
- Human Resource Management Course in Connecticut
- Advantages of Taking an Online Course Video
- Answers and detailed explanations to each question
- Video lessons to explain complicated concepts
Explore our library of over 75,000 lessons
- College Courses
- High School Courses
- Other Courses