Teaching & Academics
Social Science
Economics
Economics in 10 Principles
3.9 (165 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
630 students enrolled

Economics in 10 Principles

Learn how to apply 10 principles of economics to every day life decisions whether its professional or personal.
3.9 (165 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
630 students enrolled
Created by Evrim Kanbur
Last updated 9/2017
English
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Economics in 10 Principles
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This course includes
  • 1 hour on-demand video
  • 12 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • An overview of what Economics is all about based on individual decision making, interaction on the market, and how the economy works.
  • At the end of the course, students will be able to make better decisions, have a deeper understanding of they make their own decisions, how people interact on the market and how the economy as a whole works by using these ten simple tools.
Requirements
  • The desire and awareness to learn Economics
  • This course focuses on the basic concepts to summarize Economics in the most simplest way, therefore it doesn't require you to come from an Economics background.
Description

Economics is summarized in 10 principles with fun examples. 10 Principles of Economics give you an overview of what Economics is all about. In order to understand the importance and the usage of the economics tools in our decision making process, interaction with each others in the market and how they shape countries' economic status will be introduced through these 10 principles of Economics. These tools will make you a better decision maker in your personal or professional life and will increase your awareness towards your economic surroundings. 

Who this course is for:
  • This course is designed for people who are not coming from economics background, or just started studying Economics or studied Economics but forgot most of it.
  • You can be a student in high school or university, an entreprenur, a lawyer, a banker, an engineer or even an astranout.
Course content
Expand all 11 lectures 51:52
+ – How People Make Decisions
4 lectures 23:47
Principle 1-" Trade offs" - I wanna buy a Gucci bag but I also wanna save up all
Preview 09:31
Principle 2 - "Opportunity cost" - You'll all buy tomatoes online soon!
02:47
Principle 3 - "Rational people & margin" - In order to lose weight, would you
06:35
Principal 4 - "Incentives" - I bought this jeans on sale, I'm sure I'll wear it
04:54
+ – How Do You Interact With People?
3 lectures 14:22
Principle 5 - "Trade" - I get to run outside while the lovely cleaning lady
03:49
Principle 6 - "Markets" - Invisible hand is the magic but not a unicorn
03:05
Principal 7 - "Property rights & market failure" - When markets fail, government
07:28
+ – How does the Economy work?
3 lectures 09:37
Principal 8 - "Productivity" - What is the main reason that an average American
02:48
Principal 9:"Inflation" - The result of government printing TOO MUCH money.
02:41
Principal 10: "Business cycles" -Inflation scares unemployment for a short-term
04:08