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Economics: Basic Concepts Simplified
Highest Rated
Rating: 4.8 out of 5(12 ratings)
920 students

Economics: Basic Concepts Simplified

Step-by-step Approach to Understanding Basics of Economics
Created byMohammed Ali
Last updated 2/2022
English

What you'll learn

  • Understand basic economic concepts
  • Identify economic trends or patterns and how these affect individuals, businesses and nations
  • Understand the laws of demand and supply
  • Understand government policies
  • Learn about the roles of central banks
  • Differentiate between different business organizations
  • Importance of international trade

Course content

6 sections19 lectures42m total length
  • Introduction to Economics2:34

Requirements

  • A desire to learn and understand how economics affects our lives politically, socially and even psychologically.
  • Ability to read graphs
  • A notebook and a pen

Description

This is a basic and easy-to-understand course that focuses on some economic concepts that are at the foundation of this discipline. It comprises 19 lessons that serve as a step-by-step guide to help undergraduate students and anyone with a keen interest in learning about the different aspects of economics.

As you move from section to section and from one lesson to another, it is important that you draw links between what you learn and what's happening in the real world. The quizzes at the end of every section are also there to test your knowledge and further enhance your overall understanding of the different concepts explained in each lesson. Every topic discussed is supported with examples from real life and the overall course serves as a great resource for students.

You will:

  1. learn about the advantages and disadvantages of the main business organizations

  2. understand the relationship between different economic events

  3. learn to see the world differently

  4. understand the functions of banks and their policies

  5. learn to link what you learn to real life

  6. understand the relationship between taxes and government spending

  7. learn how information is crucial to decision-making

Sign up now and LEARN the key principles of Economics. Let's get started and good luck!

Let's get started and good luck!

Who this course is for:

  • Undergraduate students keen on learning key economic concepts
  • Anyone with no basic knowledge of economics