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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⢠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.
⢠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.
⢠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.
⢠Business Cycles: Analyzing the causes and effects of business cycles, including the role of aggregate demand shocks, supply shocks, and monetary and fiscal policy.
⢠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.
⢠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.
⢠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.
⢠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.
⢠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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