Postgraduate Certificate in Real GDP Analysis
-- ViewingNowThe Postgraduate Certificate in Real GDP Analysis is a comprehensive course designed to empower learners with the essential skills to analyze and interpret economic data. This certificate course highlights the importance of Real GDP as a key economic indicator, and teaches learners how to use it to make informed decisions in various industries.
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โข Macroeconomic Theory: Understanding the theoretical framework of real GDP analysis, including the aggregate demand-aggregate supply model, the IS-LM model, and dynamic stochastic general equilibrium models.
โข Real GDP Measurement: Learning the methods and limitations of measuring real GDP, including the use of national income accounts, the distinction between nominal and real GDP, and the treatment of price indices.
โข Economic Growth: Examining the determinants and consequences of economic growth, including the role of technology, human capital, and institutions, as well as the challenges of measuring and comparing growth across countries.
โข Business Cycles: Analyzing the causes and effects of business cycles, including the role of aggregate demand shocks, supply shocks, and monetary and fiscal policy.
โข Monetary Policy: Understanding the theory and practice of monetary policy, including the conduct of monetary policy by central banks, the role of interest rates, and the challenges of inflation targeting.
โข Fiscal Policy: Examining the theory and practice of fiscal policy, including the role of government spending, taxes, and debt, and the challenges of fiscal sustainability.
โข International Trade: Analyzing the patterns and determinants of international trade, including the gains from trade, the role of comparative advantage, and the challenges of trade policy and protectionism.
โข Open Economy Macroeconomics: Examining the interaction between domestic and foreign factors in real GDP analysis, including the determination of exchange rates, the balance of payments, and the role of international financial markets.
โข Applied Econometrics: Learning the empirical methods and techniques used in real GDP analysis, including the use of time series and panel data econometrics, hypothesis testing, and model selection.
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