Learn how the economic decisions you and others make impact what you pay for things and how much you get paid.
This course is part of Global Freshman Academy (GFA), which means you can earn transferable ASU credit toward your college degree.
The macroeconomy is the sum of all our productive efforts, spending, and income. Economic outcomes are the result of our complex interactions with other people, businesses, the government, as well as with people and businesses globally. In this economics course, you will learn the basic stylized framework that economists use to think about, account for, measure and explain these complex interactions and outcomes.
In the first half of the course, we consider how households decide how much to work and how to spend and save money. We will also look at how businesses make economic decisions such as how many workers to hire and how many machines and buildings to use to produce their products.
In the second half of the course, we consider how different policies can potentially enhance or distort market outcomes by offsetting, alleviating, or amplifying these inefficiencies. Our focus will be on five aspects of economic policy:
This course satisfies the Social-Behavioral Sciences (SB) general studies requirement at Arizona State University. This course may satisfy a general education requirement at other institutions; however, it is strongly encouraged that you consult with your institution of choice to determine how these credits will be applied to their degree requirements prior to transferring the credit.
Certificate cost may vary. You will be redirected to the host page for cost and payment options.
Getting Started
edX Basics
Certificates
I passed my course and am on the verified track! Where can I find my certificate?
What is the deadline to upgrade to the verified certificate?
Will my Professional Education course have a different certificate?
Can I start on the audit track and pay and upgrade later in a course?
MicroMasters
Can anyone enroll in a MicroMasters program? Are there any eligibility requirements?
Does every MicroMasters program have a capstone exam or project?
Account
The Courses
How can I get help or support with my course? How do I contact course staff?
Can I mark a place in a course so I can come back later? Like a bookmark?
Financial Assistance
For more information, please visit the edX FAQ page.
Arizona State University has developed a new model for the American Research University, creating an institution that is committed to excellence, access and impact. As a comprehensive public research university, ASU is measured not by whom we exclude, but rather by whom we include and how they succeed; advancing research and discovery of public value; and assuming fundamental responsibility for the economic, social, cultural and overall health of the communities we serve.
Global Freshman Academy
Arizona State University and edX, innovative leaders in providing unprecedented access to education, have joined forces to create the Global Freshman Academy, offering a unique, cost effective way to break down the barriers to a quality education. GFA provides students the opportunity to complete their entire university freshman year coursework, risk free, and pay for the credit earned after passing the course. Courses are open to everyone with no application or transcripts required.
By enrolling in a course on or through eLearnAfrica, you are joining a special worldwide community of learners. The aspiration of eLearnAfrica is to provide anyone with an internet connection access to courses from the best universities and institutions in the world and to provide our learners the best educational experience internet technology enables. You are a part of the community that will help eLearnAfrica achieve this goal. eLearnAfrica depends upon your motivation to learn the material and to do so with honesty and academic integrity. In order to participate in eLearnAfrica, you must agree to the Honor Code below and any additional terms specific to a class.
By enrolling in a course, program, or degree hosted on the eLearnAfrica App or Site, I agree that I will:
Complete all tests and assignments on my own, unless collaboration on an assignment is explicitly permitted.
Maintain only one user account and not let anyone else use my username and/or password.
Not engage in any activity that would dishonestly improve my results, or improve or hurt the results of others.
Not post answers to problems that are being used to assess student performance.
Abide by any and all requirements of the eLearnAfrica Participants as may regard the expectations of civil or academic behavior or of community standards.
If you are found in violation of the Terms and Conditions or Honor Code, you may be subject to one or more of the following actions:
Receiving a zero or no credit for an assignment;
Having any certificate earned in the course withheld or revoked;
Being unenrolled from a course, learning program or degree program; or
Termination of your use of the App and/or Site.
Additional actions may be taken at the sole discretion of eLearnAfrica and eLearnAfrica course providers.
No refunds will be issued in the case of any corrective action for such violations.
Honor code violations will be determined at the sole discretion of eLearnAfrica, the Partners, or Members. You will be notified if a determination has been made that you have violated this honor code and you will be informed of the corresponding action to be taken as a result of the violation.
Please note that we review and may make changes to this Honor Code from time to time. Any changes to this Honor Code will be effective immediately upon posting on this page, with an updated effective date. By accessing the App and/or Site after any changes have been made, you signify your agreement on a prospective basis to the modified Honor Code and any changes contained therein. Be sure to return to this page periodically to ensure familiarity with the most current version of this Honor Code.
Effective Date: September 22, 2016