Learn about the consequences of militaryconflict in different parts of the world and their influence on macroeconomics, thanks to this Postgraduate diploma"

Why Study at TECH?

TECH is the world's largest 100% online business school. It is an elite business school, with a model based on the highest academic standards. A world-class centre for intensive managerial skills training.   

TECH is a university at the forefront of technology, and puts all its resources at the student's disposal to help them achieve entrepreneurial success"

At TECH Global University

Innovation

The university offers an online learning model that combines the latest educational technology with the most rigorous teaching methods. A unique method with the highest international recognition that will provide students with the keys to develop in a rapidly-evolving world, where innovation must be every entrepreneur’s focus.

"Microsoft Europe Success Story", for integrating the innovative, interactive multi-video system.  

The Highest Standards

Admissions criteria at TECH are not economic. Students don't need to make a large investment to study at this university. However, in order to obtain a qualification from TECH, the student's intelligence and ability will be tested to their limits. The institution's academic standards are exceptionally high...  

95% of TECH students successfully complete their studies.

Networking

Professionals from countries all over the world attend TECH, allowing students to establish a large network of contacts that may prove useful to them in the future.  

100,000+ executives trained each year, 200+ different nationalities.

Empowerment

Students will grow hand in hand with the best companies and highly regarded and influential professionals. TECH has developed strategic partnerships and a valuable network of contacts with major economic players in 7 continents.  

500+ collaborative agreements with leading companies.

Talent

This program is a unique initiative to allow students to showcase their talent in the business world. An opportunity that will allow them to voice their concerns and share their business vision. 

After completing this program, TECH helps students show the world their talent. 

Multicultural Context

While studying at TECH, students will enjoy a unique experience. Study in a multicultural context. In a program with a global vision, through which students can learn about the operating methods in different parts of the world, and gather the latest information that best adapts to their business idea. 

TECH students represent more than 200 different nationalities.   

Learn with the best

In the classroom, TECH teaching staff discuss how they have achieved success in their companies, working in a real, lively, and dynamic context. Teachers who are fully committed to offering a quality specialization that will allow students to advance in their career and stand out in the business world. 

Teachers representing 20 different nationalities. 

TECH strives for excellence and, to this end, boasts a series of characteristics that make this university unique:   

Analysis

TECH explores the student’s critical side, their ability to question things, their problem-solving skills, as well as their interpersonal skills.  

Academic Excellence

TECH offers students the best online learning methodology. The university combines the Relearning method (a postgraduate learning methodology with the highest international rating) with the Case Study. A complex balance between tradition and state-of-the-art, within the context of the most demanding academic itinerary.  

Economy of Scale

TECH is the world’s largest online university. It currently boasts a portfolio of more than 10,000 university postgraduate programs. And in today's new economy, volume + technology = a ground-breaking price. This way, TECH ensures that studying is not as expensive for students as it would be at another university.  

At TECH, you will have access to the most rigorous and up-to-date case studies in the academic community”

The Postgraduate diploma in Macroeconomics is an innovative program that is taught through a 100% online format to make it possible to study in a flexible way. Thanks to its pedagogical methods, TECH offers a complete and rigorous program that is developed in just 6 academic months and with downloadable content, which specialists can access at any time and place.

Expand your financial skills by learning about the effect of an indirect tax, as well as the production function and the business performance of an organization”

Syllabus

TECH's Postgraduate diploma in Macroeconomics is a comprehensive and rigorous program designed for graduates in Economics and Business Management, among other degrees, to expand and enhance their financial knowledge in Macroeconomics and master the instruments of economic policy, aggregate production or unemployment and inflation, among many other concepts.

TECH achieves this by providing students with theoretical and practical exercises that, in addition to academic instruction, can also be applied in economic practice. For this reason, TECH Global University has adopted the most innovative methodology to facilitate and guarantee the financial knowledge of students in the shortest possible time and in the most accessible way.

Over the course of half a year, the student will analyze the equilibrium in the money market, the goods market and the IS relationship, financial markets and the LM relationship, as well as the IS-LM model.
It is, therefore, a complete immersion in the field of Macroeconomics. A qualification based on the Relearning methodology to bring all the knowledge and current economic tools to the specialists without the need to invest long hours of study in it.

In addition, TECH has professionals versed in the sector who are aware of all business opportunities to ensure that enrolled students acquire superior skills in the economic and financial field. All this, through a 100% online format that offers the possibility of adapting the study to the personal and professional needs of both those specialists who are already working in the sector, as well as those who are not yet part of it.

This Postgraduate diploma takes place over 6 months and is divided into 3 modules:

Module 1. Introduction to Economics
Module 2. Macroeconomics I
Module 3. Macroeconomics II

Where, When and How is it Taught?

TECH offers the possibility of developing this Postgraduate diploma in Macroeconomics completely online. Over the course of 6 months, you will be able to access all the contents of this program at any time, allowing you to self-manage your study time.

Module 1. Introduction to Economics

1.1. Introduction to Supply, Demand, Equilibrium and Market Changes

1.1.1. Economics: Principles and Definitions

1.1.1.1. Economic Principles and Concepts
1.1.1.2. Micro and Macro Economics
1.1.1.3. Resource Scarcity
1.1.1.4. Basic Economic Models

1.1.2. Opportunity Cost

1.1.2.1. Analysis
1.1.2.2. Net Present Value

1.1.3. The Break-Even Point

1.1.3.1. Concept
1.1.3.2. Type of Costs
1.1.3.3. Calculation and Results

1.2. Demand, Supply and Market Preferences

1.2.1. Markets and Market Types

1.2.1.1. The Concept of Market
1.2.1.2. Types of Markets
1.2.1.3. The Nature of Products

1.2.2. Market Demand

1.2.2.1. Definition and Conceptualization
1.2.2.2. Determinants of Demand

1.2.3. Market Supply

1.2.3.1. Definition and Conceptualization
1.2.3.2. Determination of Supply
1.2.3.3. The Influence of Competition

1.2.4. Equilibrium and Statics

1.2.4.1. Comparative Statics
1.2.4.2. Uses of Comparative Statics
1.2.4.3. Economic Equilibrium
1.2.4.4. Dynamic Balance

1.3. The Budget Constraint and the Consumer's Equilibrium

1.3.1. Budget Constraints and Travel

1.3.1.1. Concept
1.3.1.2. Slope of the Equilibrium Line
1.3.1.3. Movements on the Equilibrium Line

1.3.2. Optimal Choice

1.3.2.1. Concept
1.3.2.2. Indifference Curve
1.3.2.3. Utility Function

1.3.3. Optimal Choice

1.3.3.1. Concept
1.3.3.2. Indifference Curve
1.3.3.3. Utility Function

1.4. Consumer and Producer Surplus. The Efficiency of Competitive Equilibrium

1.4.1. Consumer and Producer Surplus

1.4.1.1. Law of Diminishing Returns
1.4.1.2. Supply and Demand Curve
1.4.1.3. Increasing and Decreasing Marginal Utility

1.4.2. The Efficiency of Competitive Equilibrium

1.4.2.1. Concept
1.4.2.2. The Mathematical Conditions of Short-Run Equilibrium
1.4.2.3. The Mathematical Conditions of Long-Run Competitive Equilibrium

1.5. Price Ceilings and Floors, the Effect of an Indirect Tax

1.5.1. Price Ceilings and Floors

1.5.1.1. Conceptualization
1.5.1.2. Maximum Price
1.5.1.3. Minimum Price

1.5.2. Effect of an Indirect Tax

1.5.2.1. Definition and Major Concepts
1.5.2.2. Legal and Economic Impact
1.5.2.3. Economic Impact Analysis

1.6. Price Elasticity of Demand and Elasticity Determinant Factors

1.6.1. Price Elasticity of Demand

1.6.1.1. Concepts
1.6.1.2. Factors that Determine Price Elasticity of Demand
1.6.1.3. Total Income and Elasticity

1.6.2. Summary of Elasticity Types

1.6.2.1. Perfectly or Infinitely Elastic
1.6.2.2. Perfectly or Infinitely Inelastic
1.6.2.3. Greater and Less Than 1
1.6.2.4. Equal to 0

1.7. Elasticity of Cross-Demand and its Analytical Calculation

1.7.1. Cross Elasticity

1.7.1.1. ContextÇ
1.7.1.2. Concepts and Definitions
1.7.1.3. Substitute Goods and Independent Goods

1.7.2. Analytical Calculation

1.7.2.1. Formula
1.7.2.2. Calculations and Examples

1.8. The Production Function and Yields

1.8.1. Production Function

1.8.1.1. Basic Assumptions
1.8.1.2. Total Production
1.8.1.3. Average Production
1.8.1.4. Marginal Production

1.8.2. Law of Diminishing Returns

1.8.2.1. Concept
1.8.2.2. Graph and Interpretations
1.8.2.3. Returns to Scale

1.9. Short-Term and Long-Term Costs

1.9.1. Cost Functions

1.9.1.1. Definitions and Concepts
1.9.1.2. Company Costs
1.9.1.3. Formulation and Representations

1.9.2. Short-Term Costs

1.9.2.1. Concept and Definitions

1.9.2.2. Types of Short-Term Costs

1.9.2.3. Formulation

1.9.3. Long-Term Costs

1.9.3.1. Concept and Definitions
1.9.3.2. Types of Long-Term Costs
1.9.3.3. Formulation

1.10. Basic Economic Data

1.10.1. Economic Activity

1.10.1.1. Conceptualization
1.10.1.2. Economic Growth
1.10.1.3. The Public Sector
1.10.1.4. General Objectives

1.10.2. Price Indexes and Market Indicators

1.10.2.1. Conceptualization
1.10.2.2. Simple and Complex Indexes
1.10.2.3. Nominal GDP
1.10.2.4. Real GDP

1.10.3. Circular Income Flow

1.10.3.1. Conceptualization
1.10.3.2. Types of Flow: Real and Monetary
1.10.3.3. Public Sector Intervention

1.11. Monetary Policies

1.11.1. Money and its Circulation

1.11.1.1. Concept and Objectives
1.11.1.2. The Demand for Money
1.11.1.3. Money Circulation

1.11.2. Equilibrium in the Money Market and Monetary Policy

1.11.2.1. Market Equilibrium
1.11.2.2. Open Market Operations
1.11.2.3. Conventional and Unconventional Monetary Policy

1.12. Structures and Market Types

1.12.1. Market Structures

1.12.1.1. The Concept of Market
1.12.1.2. Perfect and Imperfect Competition
1.12.1.3. Monopoly
1.12.1.4. Oligopolies and Duopolies
1.12.1.5. Monopsonies
1.12.1.6. Oligopsony

1.13. Non-Competitive Markets

1.13.1. Monopolistic Market Competition

1.13.1.1. The Concept of Monopoly
1.13.1.2. The Social Cost of Monopolies
1.13.1.3. Price Discrimination

1.13.2. Oligopoly Market Competition

1.13.2.1. The Concept of Oligopoly
1.13.2.2. Different Types of Oligopolies

1.14. Aggregate Demand and Supply Model

1.14.1. Aggregate Demand

1.14.1.1. Concept
1.14.1.2. Calculation Basis
1.14.1.3. Aggregate Demand Curve

1.14.2. The Keynesian Multiplier

1.14.2.1. Concept
1.14.2.2. The Effects Caused by the Multiplier
1.14.2.3. Calculation Basis

1.14.3. Aggregate Supply

1.14.3.1. Concept
1.14.3.2. Factors
1.14.3.3. Variations

1.15. International Economic Relations

1.15.1. International Trade

1.15.1.1. Basic Concepts
1.15.1.2. Exchange Rate and Terms of Trade
1.15.1.3. Trade Policy Instruments

1.15.2. Balance of Payments and Exchange Rate Theories

1.15.2.1. Bala

Module 2. Macroeconomics I

2.1. From Microeconomics to Macroeconomics. The Objectives of Macroeconomics

2.1.1. Differences between Microeconomics

2.1.1.1. Concept and Analysis
2.1.1.2. Fundamental Processes
2.1.1.3. Comparative Analysis

2.1.2. Macroeconomic Objectives

2.1.2.1. Objectives
2.1.2.2. Objective Evolution

2.2. Economic Policy Instruments

2.2.1. Concept

2.2.1.1. Description
2.2.1.2. Evolution

2.2.2. Instruments

2.2.2.1. Institutions
2.2.2.2. Globalization
2.2.2.3. Detailed Analysis

2.2.3. International Instruments

2.2.3.1. Concepts and Definition
2.2.3.2. International Management

2.3. Aggregate Production

2.3.1. Aggregate Production Theory

2.3.1.1. Concepts
2.3.1.2. Origin of Theory
2.3.1.3. Applications

2.3.2. Aggregate Production Function

2.3.2.1. Yields and Constants
2.3.2.2. Production Factors

2.3.3. Applications

2.4. Unemployment and Inflation Measurement

2.4.1. Unemployment Measurement

2.4.1.1. Concept and Definitions
2.4.1.2. Unemployment Impacts
2.4.1.3. Measurement and Instruments

2.4.2. Inflation

2.4.2.1. Demand-Pull Inflation
2.4.2.2. Cost-Push Inflation
2.4.2.3. Structural Inflation

2.5. The Demand for Goods: Consumption, Investment and Public Spending

2.5.1. General concepts

2.5.1.1. Important Definitions
2.5.1.2. The Consumer Market and Total Demand of Goods

2.5.2. The Components of GDP

2.5.2.1. Consumption
2.5.2.2. Investments
2.5.2.3. Public Spending

2.6. Determination of Equilibrium Production

2.6.1. Concepts

2.6.1.1. Definition and Characteristics
2.6.1.2. Differences between Savings and Investment

2.6.2. Profitability

2.6.2.1. Profitability Ratio
2.6.2.2. Stocks, Bonds and Mutual Funds
2.6.2.3. Introduction to Liquidity

2.7. Money, Demand, Banking Systems and Money Supply

2.7.1. Money

2.7.1.1. Functions
2.7.1.2. History & Evolution
2.7.1.3. Legal Tender

2.7.2. Money Creation Process

2.7.2.1. Money Supply
2.7.2.2. Liquid Assets

2.8. Money Market Equilibrium: Determination of the Interest Rate

2.8.1. Monetary Base

2.8.1.1. Money Creation
2.8.1.2. Money Destruction

2.8.2. Central Banks

2.8.2.1. Types of Rediscount
2.8.2.2. Open Market Operations
2.8.2.3. Monetary Policy

2.8.3. Market Equilibrium

2.8.3.1. The Keynesian and Neoclassical Schools of Thought
2.8.3.2. LM (Liquidity-Money) Curve
2.8.3.3. Curve Displacements

2.9. The Goods Market and the IS (Investment-Savings) Relationship, Financial Markets and the LM (Liquidity-Money) Relationship, the IS-LM Model

2.9.1. The Goods Market and the IS Relationship

2.9.1.1. Concepts and Definitions
2.9.1.2. Basic Model
2.9.1.3. Sales Level and Interest Rate

2.9.2. Financial Market and the LM Relationship

2.9.2.1. Determination of Interest Rate
2.9.2.2. The LM Relationship and LM Curve
2.9.2.3. IS-LM Set Analysis

2.10. Fiscal Policy and Monetary Policy

2.10.1. Fiscal Policies

2.10.1.1. Restrictive Fluid Therapy
2.10.1.2. Expansive Policies
2.10.1.3. IS Curve Conditions

2.10.2. Monetary Policies

2.10.2.1. Restrictive and Expansive Policies
2.10.2.2. LM Curve Conditions

2.11. The Goods Market Opening: Exports, Imports and Exchange Rates

2.11.1. Situation and Outlook

2.11.1.1. Definition and Concepts
2.11.1.2. Outlook Update

2.11.2. Tools and Means

2.11.2.1. Analysis of Types and Structure
2.11.2.2. Growth Indicators
2.11.2.3. IMF Interventions

2.12. Financial Market Opening: Balance of Payments, the Relationship between Interest Rate and Exchange Rate

2.12.1. Balance of Payments

2.12.1.1. Balance of Capital
2.12.1.2. Balance of Trade and Services

2.12.2. Type of Change

2.12.2.1. Supply and Demand of Foreign Currencies
2.12.2.2. Exchange Rate Regimes

2.12.3. Sterilization Policies

2.12.3.1. International Monetary Market
2.12.3.2. Covered Interest Rate Parity

2.13. Equilibrium in Goods Market, Financial Markets and Aggregates in an Open Economy

2.13.1. IS Curve

2.13.1.1. Part of the Economic Analysis
2.13.1.2. Balance

2.13.2. LM Curve

2.13.2.1. Part of the Economic Analysis
2.13.2.2. Balance

2.14. Changes in Domestic and Foreign Demand

2.14.1. Components

2.14.1.1. Definitions
2.14.1.2. Types of Demand
2.14.1.3. Compensation Measures

2.14.2. Macrocompensation Components

2.15. The Effects of Fiscal Policy in an Open Economy

2.15.1. Open Economy Models

2.15.1.1. Export
2.15.1.2. Import
2.15.1.3. Demand for Financial Assets

2.15.2. Foreign Exchange and Goods Market

2.15.2.1. Definitions
2.15.2.2. Global Effects in Economics

Module 3. Macroeconomics II

3.1. Introduction to Global Trade Models

3.1.1. Analysis of International Trade and How it Works
3.1.2. International Trade Instruments
3.1.3. Integration of Countries in the International Trade Process

3.2. The Ricardian Model. Productivity and Comparative Advantage

3.2.1. Comparative Advantage
3.2.2. Factors of Production and their Relationship with Productivity
3.2.3. Experiences of the Application of Comparative Advantage in International Trade Policies

3.3. Model of Specific Factors and Income Distribution

3.3.1. International Trade in the Specific Factors Model
3.3.2. Rationale and Forms of Distribution of Income and Profit from Trade
3.3.3. Trends of the Labor Factor in Globalization

3.4. Standard Model of an Economy Open to the World. Shifts in the OR and DR Curves

3.4.1. System of Tariffs and Export Subsidies as the Main Actions of the State in the Stabilization of International Trade
3.4.2. Effects of the OR and DR Curves
3.4.3. International Financing

3.5. Commercial Policy Instruments

3.5.1. Analysis of the Application of Tariffs
3.5.2. Trade Policy Objectives
3.5.3. Trade Barriers in Countries and Protectionism

3.6. Globalization and Controversies in Trade Policy

3.6.1. Effects of Active Trade Policy
3.6.2. Consequences of Globalization on the Distribution of Per Capita Income and on the Environment
3.6.3. Control Agencies and Economic Agreements between Countries

3.7. National Accounting and the Balance of Payments in an Open Economy

3.7.1. National Accounts
3.7.2. Main Macroeconomic Aggregates
3.7.3. Balance of Payments

3.8. Exchange Rates and Foreign Exchange Markets. An Asset Market Point of View

3.8.1. Exchange Rates and International Transactions
3.8.2. The Foreign Exchange Market
3.8.3. The Virtual Currency Market

3.9. Money, Interest Rates and Exchange Rates. Money Supply and Inflation

3.9.1. Definition of Currency and Money
3.9.2. Demand and Supply of Money
3.9.3. Interest Rates
3.9.4. Type of Change
3.9.5. Inflation, Deflation and Other Effects on the Change in the Value of Money
3.10. Lights and Shadows of the International Capital Market

3.10.1. Principles and Contemporary Relevance of Globalization
3.10.2. Implications of Globalization on the International and National Financial System
3.10.3. Regulation of the International Financial System

3.10.3.1. Glocalization vs. Globalization

An enriching experience that will give you the keys to focus on the regulation of the financial system in the globalization paradigm"