Basics of Economics A Complete Study

Name: Basics of Economics A Complete Study
Rating: 4.0 (186 reviews)

Learn basics of economics useful for real life application

(186 ratings)

4,205 students

Created by Raja Natarajan, B.Com., PGDBA, FCA

Last updated 6/2021

English

English [Auto]

What you'll learn

Understand What is Economics
Understand Difference between Micro Economics and Macro Economics
Understand Theory of Demand

Requirements

This course starts from fundamentals
No prior knowledge is required

Description

Welcome to course on "Basics of Economics A Complete Study"

Finance, Accountancy and Economics are three different business subjects but with inter dependence, similarities and of course distinct differences.

If one has to excel in any of the above one domain (Finance / Accountancy / Economics) he should have strong understanding of main domain and basic understanding of other two domains.

Hence, this course will provide basic knowledge on Economics for Finance and Accounting Professionals.

So, what is Economics is all about?

Its about making choices.

Its not just about money.

It is about weighing different choices or alternatives.

So, there are variety of modern definitions for economics. Some of the differences may reflect evolving views of the subject or different views among economists

By studying Economics, you will understand two fundamental facts;

a) Human beings have unlimited wants; and

b) The means of satisfying these wants are relatively scarce

and the above form the subject matter.

By taking this course, you will learn

i) What is Economics

ii) Definition and Scope of Economics

iii) Nature of Economics

iv) Methods of Study of Economics

v) Economic Problems

vi) Theory of Demand

vii) Law of Demand

viii) Expansion and Contraction of Demand

ix) Demand Curve

x) Elasticity of Demand

Based on students engagement level, further courses will be added on the topics like

Theory of Production and Cost, Price Determination in Different Markets, etc.

This course is structured in self paced learning style.

You will experience virtual class room with black / green board writing and lectures with supporting lectures.

Take this course to understand the basics of Economics.

Who this course is for:

Finance and Accounting Professionals
CA / CS / CMA / B.Com., /M.Com Students

Featured review

Then A.

631 courses

27 reviews

a year ago

I always trust Mr. Raja Natarajan as a great Economy and Financial Guru. I have collected a few courses of Financial and Economy from Mr. Raja and try to gain a knowledge more and more in Financial sector. This economy course provided a lot of basic economy knowledge you need to know.

Raja Natarajan, B.Com., PGDBA, FCA

Chartered Accountant

4.2 Instructor Rating
12,532 Reviews
203,129 Students
116 Courses

I am a Chartered Accountant with tonnes of passion for teaching.

I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai.

I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc.

I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc.

I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.