Not too easy. Not too difficult.
This course is useful for understanding how the economy works and it gives insight into what factors of the economy you should be concerned about such as GDP, unemployment, inflation, and interest.
I learned: how banks operate, what GDP is and why it is important, what interest is and why it too is important, what securitization is, and what inflation is. The course started with and reflected on a Ray Dalio video which shows the economic machine, business cycles, and how complex the economy is. In class, emphasis was put on the factors of Economic Growth, which is Resources, Technology, and Institutions. Finally, we spent a while learning about the Great Depression and the Great Recession.
Hours per week:
Advice for students:
Since there is no homework assigned, take time to work through the problems at the end of each section to prepare for the exams.