Answers for inquisitive Macroeconomics is a great online course that will give you the knowledge to help you understand how economic systems function and make more informed financial decisions. This course was developed by Paul Davidson, who is a former investment banker. This course was created in cooperation with Harvard's Belfer Center and offers an interactive online program that is easy to learn.
The course is divided into two modules; the first is titled, “An Introduction to Davidson's Macroeconomics”. It provides an overview of the concepts and techniques used by Dr. Davidson in his work as an economic analyst. In this module, Davidson explains the way he uses mathematics, graphs and charts to analyze and interpret the data available in economic data sets. He also explains how to use his methods of statistical analysis to determine the relationships between variables, making decisions about the market and the real world economy.
In the second module of the course, Davidson explains how to calculate and use the formulas used in his calculus class. He also explains how to compute and interpret various statistical analysis techniques. These techniques include data analysis, statistical distributions, linear equations, non-linear equations, graphical presentation and data interpretation.
The final module in this course, “Macroeconomics Module”, consists of four main chapters; “The Economic Process – The Basics of Economic Analysis”, “Macroeconomic Policy”, “Micro-Economic Policy”, and “Macroeconomic Models”. The introductory part of the chapter on “Macroeconomic Policy” explains how to select the right time frame and the best data set to analyze for economic theory. The next part of the chapter covers the different types of models available for analyzing economic data. The third part of the chapter explains the concepts of price determination and monetary policy.
The fourth part of the chapter explains the use of statistical techniques used to study and predict economic data. In this part, Dr. Davidson explains how to apply these techniques in creating mathematical models. Finally, he explains the different techniques that are used to create different models and how they can be used in generating new economic data sets.
Answers for inquisitive macro economics is an outstanding online course and it is a must have for anyone looking to understand how to better analyze economic data. This course is offered by Dr. Davidson for free and can be accessed at his website.
Answers for inquisitive macro economics is well-written and presented and provides a thorough understanding of the topics discussed in the course. Dr. Davidson has a unique style of explaining different economic topics. His language is clear, precise and concise. The modules are broken down into three sections of analysis, which cover the economic process, macro and micro-economic policy, and models used to study and forecast economic data.
The free downloadable course material included with Answers for Inquisitive Macroeconomics contains a set of seven chapters. Following the introduction to the book, there are four main chapters that cover topics such as Macroeconomic Policy, Microeconomic Policy, Analysis of Data Sets, Analysis of Data, and Data Sets, and the Models Used to Study and Predict Economic Data. The fifth chapter, Data Sets, introduces the use of multiple choice questions in graphing to analyze data sets.