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Free Certificate

Introduction to Macroeconomics

Understand national economies, inflation, GDP, and fiscal policy with this macroeconomics free course—designed to simplify complex economic concepts through real-world insights and practical examples.

3 hours of learning

Income Flow

Scarcity

Productivity

For enquiries call:
18002102020
Introduction to Macroeconomics

Key Highlights Of This Macroeconomics Free Course

What You Will Learn

Macroeconomic Theories and Factors

Understand the foundational theories and economic principles that explain consumption behavior, interest rate determination, and the dynamics between inflation and unemployment.

Topics Covered

  • Classical vs Keynesian Theory
    This section contrasts classical economics, which advocates for minimal government intervention and market self-regulation, with Keynesian theory, which supports active government involvement during economic downturns. Learners will analyze how both schools interpret economic stability, the role of aggregate demand, and the effectiveness of fiscal and monetary policy.
  • The Consumption Function
    Learners will study how consumer spending is influenced by changes in disposable income. The course introduces the concepts of marginal propensity to consume (MPC), average propensity to consume (APC), and autonomous consumption. The significance of these variables in determining aggregate demand and their role in the Keynesian multiplier effect is thoroughly explored.
  • Theories of Interest
    This section covers the classical (loanable funds) and Keynesian (liquidity preference) theories of interest rate determination. Students will learn how these theories explain the interaction between savings, investments, and the money supply, and how interest rates affect economic decisions across households and businesses.
  • Unemployment and Inflation
    An in-depth study of the causes and types of unemployment, including frictional, structural, and cyclical, alongside the various forms of inflation such as demand-pull and cost-push. Learners will explore the trade-off between inflation and unemployment through the Phillips Curve and understand the complexities involved in achieving both price stability and full employment in modern economies.

Macroeconomics Free Course Certification

Earn and Share Your Certificate

Official & Verifiable

Receive a signed and verifiable e-certificate from upGrad upon successfully completing the course.

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How Can This Introduction to Macroeconomics Course Help You Succeed?

This comprehensive macroeconomics course is designed to help you understand how economies function at a national and global scale. Explore key benefits that make this program worth your time:

Completely Free Learning Experience - Access in-depth knowledge on GDP, inflation, productivity, and macroeconomic policy without any cost. A great fit for students, professionals, and exam aspirants seeking quality education.

Beginner-Friendly Curriculum - You don’t need a background in economics to get started. Complex ideas like national income, unemployment, and inflation are explained through simple language and real-world examples.

Learn at Your Own Schedule - The course is built for flexibility. Whether you’re working full-time or preparing for exams, you can study anytime and progress at a pace that works for you.

Explore Key Macroeconomic Models and Frameworks - Dive into powerful models like the AD-AS and IS-LM frameworks, understand how recessions unfold, and examine classical versus Keynesian theories in depth.

Understand Real Economic Events and Trends - Connect theoretical knowledge to practical realities. Learn how interest rates, consumption patterns, and inflation trends shape economies, businesses, and public policy decisions.

Earn a Certificate That Adds Value - Upon completion, receive a verifiable certificate that demonstrates your macroeconomic knowledge. Use it to strengthen your resume, academic portfolio, or job applications.

Who Should Enroll in This Course?

This macroeconomics free course is ideal for anyone looking to build foundational knowledge in economic systems, government policy, and global markets. It’s especially beneficial for:

Students of Economics, Commerce, or Business – Undergraduate and postgraduate learners seeking clarity on GDP, inflation, fiscal policy, and macroeconomic indicators.

Aspiring Civil Servants & UPSC Candidates – Individuals preparing for competitive exams that require a strong command of macroeconomic principles.

Finance and Banking Professionals – Employees aiming to enhance their understanding of national and global economic trends to support decision-making in banking, investment, or financial planning.

Entrepreneurs & Business Owners – Those wanting to align business strategies with macroeconomic shifts and policy decisions.

Working Professionals in Public Policy or Governance – Ideal for those engaged in policymaking, economic research, or regulatory functions.

Curious Learners & Career Switchers – Anyone looking to gain structured, beginner-friendly exposure to macroeconomics for academic, professional, or personal enrichment.

What Makes This Course Different From Other Courses?

This macroeconomics free course stands out for its accessible, outcome-focused structure—designed to simplify complex macroeconomic concepts through self-paced learning and practical relevance.

How We Compare to Other Platforms:

Feature

This Course (upGrad)

Other Platforms

Course Fee

✅ 100% Free Macroeconomics Course

❌ Often includes paywalls or premium subscriptions

Lifetime Access

✅ Unlimited access to all learning materials

❌ Access limited to subscription timelines

Certification

✅ Free certificate on successful completion

❌ Certification usually tied to paid upgrades

Practical Learning

✅ Real-world applications of macroeconomic theories

❌ Focus largely remains on theory without real use cases

Beginner-Friendly

✅ No prior economics knowledge required

❌ Assumes foundational understanding in many cases

Market-Relevant Skills

✅ Learn how economies function and respond to policies

❌ Limited emphasis on policy implications or relevance

Free vs. Paid Courses: What Sets Them Apart?

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