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(Oxford) Diploma : Key Economic principles
Rating: 4.5 out of 5(67 ratings)
18,696 students

(Oxford) Diploma : Key Economic principles

5 countries: 5 economies: 2 competitions (Includes Economics English course)
Last updated 6/2025
English

What you'll learn

  • Feel a sense of intellectualism whenever they participate in a discussion about football!
  • Be able to argue for/against wanting to host the World Cup
  • See the 2018 World Cup in a whole new (economics) light!
  • Decluttering

Course content

13 sections79 lectures10h 56m total length
  • 20 seconds0:20

Requirements

  • An interest in understanding world affairs - especially the economics behind the World Cup 2018!
  • A realisation that although France won the World Cup there will also be an economic impact in Russia, Croatia, UK - and America!
  • The role of penalties in international football

Description

Update:

Now including a brand new collection of Case Studies that examine the economic policies of President Trump following his election on November 6th 2024. These look in particular at:

· Tariffs

· China’s growth

· World Economy

· Tax cuts

· Exporters

· Impact on seniors

· Exchange rate


Includes a NEW section on India and football !


MOTIVATION

I make courses on Udemy primarily because I enjoy the process of causing learning. Many of my courses are to improve lives. One of the Economics courses is to raise money for charity. (100% of revenue goes to the charity) Fundamentally this course is about helping you.

About this course

This is an economics course about the economic impact of the 2018 World Cup. (Macro economics and micro economics) By basing the course around the World Cup we make the subject , relevant, approachable and Economics actually becomes easy!

We  look at the impact of the World Cup on various countries but also consider the economic theory behind this impact.

Macro economics concepts include:

  • The multiplier

  • Inflation

  • Economic growth

  • Unemployment

  • International trade

  • Aggregate demand

  • Injections/leakages

  • Government economic policy

  • Balance of payments

Economies:


  • Russia

  • France

  • UK

  • USA

  • Croatia

We also apply game theory to penalty shoot-outs. (Football) The course starts off with the 2014 World Cup but quickly moves on to the impact of hosting the football tournament, of qualifying (or not) and actually winning he final.

We also consider controversies and Pussy Riot!

Although the course is looking at the World Cup, make no mistake, this is all economics, economics, economics!

July 2019: Workbook added on Economics and decluttering

Chapters


Chapter 1 : The economics of decluttering

Chapter 2: Decluttering the company

Chapter 3: How to declutter like an Economist

Chapter 4: Buy less

Chapter 5: The economics of tidying up

Chapter 6: Declutter your business

Chapter 7: Mistakes people make when decluttering

Chapter 8: The Kondo Effect: the economy-changing magic of tidying up


Topics:


  • Decluttering

  • Sunk costs

  • Costs of clutter

  • 5S lean manufacturing

  • Lean management

  • Declutter your mail inbox

  • Declutter your home office

  • Wasting time and opportunities

  • Thinking like an economist

  • A rich life with less stuff

  • Minimalism

  • How much is enough

  • The art of letting go

  • Recycling

  • Status quo bias

  • Diminishing returns

  • Decluttering mistakes

  • Marie Kondo

  • Minimalism

  • Consumerism

  • Minimalism and economics: the endowment effect


August 2021

New section on India and football

Who this course is for:

  • Anyone who follows football and is interested in the economic impact of the 2018 World Cup - in theory and practice
  • Everyone who has/has not studied economics before - there is so much to learn here!
  • Someone who watched some/all of the World Cup and wondered 'What if....?'