Accounting for governmental and not for profit entities including an introduction of what government and not for profit entities are and starting off with a comparison with for-profit industries. Both in this discussion and within the development of accounting regulations we start with accounting designed around for-profit organizations and then look for those areas that […]

The banking system, definition of money,, and how money is created in the banking system.

Inflation, – How to calculate using index, relationship between inflation and unemployment using the Phillips Curve, and discussion of what drives inflation.

Fiscal policy including tax and government spending. Discussion of the history and debate over fiscal policy

Monetary policy used by the federal reserve to influence the economy in times of a recessionary or inflationary gap.

Keynesian short run or demand model includes business cycles aggregate demand, short term aggregate supply, and long term aggregate supply. The basis for monetary and fiscal policy recommendations.

Classical model, long run, growth or supply-side, discussing the model most economists held before the 1930 and that has had some concepts come back since the 1970s.

Economic history of macro economics introducing classical economics, Keynesian economics and the business cycle.

Gross domestic product GDP, basic macro economic accounting term measuring performance, including C Consumption + I Income + G Government Spending + Net exports (exports – imports).

Market problems including externalities, public goods, and uneven information including pros and cons of government intervention for these market problems.