Get updates on Eligibility, Admission, Placements Fees Structure
Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
Microfoundations of Macroeconomics Certification aims to provide an understanding of the behavior of aggregate economic variables — consumption, investment, employment — rather than understanding a single economic unit or market in isolation.
Microfoundations of Macroeconomics Classes help to grab the goal of macroeconomics and it becomes interesting when we analyze the size of the government and when to analyze the money supply, inflation, and unemployment.
All students get a Microfoundations of Macroeconomics Certification from the Indian Institute of Technology Kanpur (IIT Kanpur).
The Highlights
- Provided by IIT Kanpur
- Online course
- 8 weeks course
- Expert Lectures
Programme Offerings
- video lectures
- 24×7 access to study materials
Courses and Certificate Fees
| Fees Informations | Certificate Availability | Certificate Providing Authority |
|---|---|---|
| INR 1000 | yes | IIT Kanpur |
If you want a certificate, you have to register and write the proctored exam in person at any of the exam centers. The exam is optional for a fee of Rs 1000 and only the e-certificate will be made available. Hard copies will not be dispatched.
Microfoundations of Macroeconomics Certification Fees
The Microfoundations of Macroeconomics Certification Fees is nil. It's open to all interested candidates.
Description | Amount in INR |
Course Fees | Free |
Course Fees (with certification) | INR 1000/- |
Eligibility Criteria
Educational Qualification
- Candidates appearing or appeared for qualifying exams
- Open to all candidates
Work experience
- Experience is not required to get enrolled in this certificate course.
Certificate Qualifying Details
- E-certificates will be issued to all such participants who have attended the program with a minimum of 90% attendance and only if the average assignment score is greater than or equal to 10/25 and the exam score is greater than or equal to 30/75. If one of the 2 criteria is not met, you will not get the certificate even if the final score is greater than or equal to 40/100.
What you will learn
Students enrolling for the Microfoundations of Macroeconomics Certification Course have 8 weeks to fulfill the need to understand the Microfoundations of macroeconomics. It gives a thorough explanation of why comprehending basic microeconomic principles is essential for understanding complex macroeconomic theories.
The Microfoundations of Macroeconomics Training is also advantageous for people who wish to study macroeconomics in-depth and who want to work for central banks and other institutions that do macroeconomic research. You can have a look at Economics Certification Courses if interested.
After completion of this Microfoundations of Macroeconomics Certification, the learning outcomes include:
- Understanding the basic concepts of Entrepreneurship
- Explain the development of macroeconomics
- Define the fundamental conceptions of macroeconomics
- Explains main macroeconomic relation
- Explain the relationship between unemployment and inflation
- Explain budget deficits and fiscal policy applications
Who it is for
There shall be good job opportunities for these roles below if the relevant students apply for Microfoundations of Macroeconomics Online Course:
Admission Details
The admission for the certificate course in Microfoundations of Macroeconomics Certification starts soon. Interested students are requested to enroll as soon as possible by following the steps mentioned below:
Step 1: Visit the official website
Step 2: Fill up the form on the website
Step 3: Upload all necessary documents
Step 4: Pay the required fee online (if applicable)
The Syllabus
One-Period Model of the Macroeconomy
- Representative Consumer and Firms, Government, Competitive Equilibrium, and Optimal Solutions.
Search and Unemployment
- Theory and Practical Implications
Two-Period Model of Macroeconomy
- The Dynamics of Consumption-Savings Decision and Credit Markets: Consumption Smoothing
- Euler’s Condition
- Implications for consumption theory in macroeconomics.
- Intertemporal characteristics of taxation and role of government
- Theoretical set-up of Ricardian equivalence
- Credit Market Equilibrium, Ricardian Equivalence, and Burden of the Government Debt
- Credit market imperfections and role of asymmetry!
- Basics of monetary economics and monetary model in intertemporal set-up
- Monetary Neutrality
- Surprise models and the cases of zero lower bound and quantitative easing.
- New Keynesian and New Monetarist Models
- Flexible vs Sticky Prices
- Understanding Open economy using Intertemporal Framework
- Exchange Rate Dynamics
- Capital Controls
Evaluation process
Yes, An exam will be conducted at the end of the course and if you get the required marks, you are eligible to get an e-certificate.
Instructors
IIT Kanpur Frequently Asked Questions (FAQ's)
A macroeconomic factor is a phenomenon that emanates from a large aspect of an economy rather than from a particular population. Inflation, gross domestic product (GDP), and national income are examples of macroeconomic factors.
The classes for this certificate course are conducted in online mode via video lectures.
In a general overview, Microeconomics is the study of individuals and business decisions, while macroeconomics looks at the decisions of countries and governments.
The instructor is Dr. Wasim Ahmad - Associate Professor in the Department of Economic Sciences in IIT Kanpur.
Indian Institute of Technology Kanpur (IITK) is providing this certificate course.