Learn basics of Economics, Finance and Math

Name: Learn basics of Economics, Finance and Math
Rating: 4.4 (13 reviews)

Mastering the Basics: A Complete Guide to Economics, Finance, and Statistics

Created byAryan Agarwal

Last updated 2/2025

English

What you'll learn

Understand the Basics of Micro and Macro Economics
Understand the use of basic statistical knowledge and tools
Understand Basic Financial Terms - Step towards basic Financial Literacy
Have a list of suggested readings

Course content

5 sections • 15 lectures • 2h 3m total length

Introduction3:46
Welcome to this comprehensive course designed to introduce you to the fundamental principles of Economics, Finance, and Statistics—three essential pillars that shape decision-making in the real world. Whether you're a beginner or someone looking to strengthen your understanding, this course will equip you with practical knowledge to navigate financial landscapes, analyze data, and understand economic forces.

Introduction to Economics5:03
Economics is the study of how individuals, businesses, and governments allocate limited resources to satisfy unlimited wants. This section introduces fundamental economic principles, decision-making processes, and the role of economics in everyday life.
What is Scarcity?10:30
Scarcity is the fundamental problem of economics—resources are limited, but human wants are infinite. This lesson explores how scarcity forces choices, leading to opportunity costs and trade-offs in decision-making.
Quiz
Demand9:03
Demand represents the willingness and ability of consumers to purchase goods and services at various price levels. Learn about the law of demand, factors affecting demand, and real-world applications of demand analysis.
Supply6:05
Supply refers to the quantity of goods and services that producers are willing to offer at different prices. Understand the law of supply, factors affecting supply, and the role of producers in the market.
Read Up4:08
Demand and Supply
On all the units

Data Collection and Classification7:39
Accurate data collection is crucial for meaningful analysis. Learn about primary vs. secondary data, qualitative vs. quantitative data, and different classification methods to organize and interpret information effectively.
Types and Uses of Graphs11:27
Visualizing data makes complex information easier to understand. This section explores bar graphs, histograms, pie charts, line graphs, and scatter plots, discussing their strengths, weaknesses, and real-world applications.
On stats
Quiz
Tools of Measurement12:48
Statistical tools like mean, median, mode, standard deviation, and variance help analyze data trends and patterns. This module covers their importance and application in fields like finance, economics, and research.
Few Statistical Terms everyone should know13:57
Understanding key statistical terms is essential for interpreting data accurately. This lesson explains important concepts like correlation, regression, probability, sampling, and margin of error, equipping you with the fundamentals of data analysis

Time Value of Money (TVM)7:52
A rupee today is worth more than a rupee in the future. This module explains present value, future value, compounding, and discounting, showing why understanding TVM is essential for smart investing and financial planning.
Risk and Return10:07
Every investment carries some level of risk. Learn how to measure risk, assess expected returns, and make informed financial decisions by balancing potential gains with uncertainties.
Intro to Investing10:11
Investing is more than just saving—it’s about growing wealth. This section covers stocks, bonds, mutual funds, and diversification strategies to help you make informed investment choices.
Key Financial Terms7:05
Understanding finance requires knowing its language. This section explains important financial terms like liquidity, inflation, capital, ROI, and leverage, ensuring you can navigate financial discussions with confidence.
Quiz on all

Conclusion3:32
Throughout this course, you have gained essential knowledge in economics, finance, and statistics, equipping you with the tools to make informed financial decisions, analyze data effectively, and understand economic principles. These skills are invaluable in both personal and professional life. Keep learning, applying these concepts, and enhancing your financial literacy for a better future!

Requirements

No requirements needed - Everything will be taught from scratch!

Description

Course Description:
Welcome to “Foundations of Economics, Finance, and Statistics”—a comprehensive course designed to equip you with the essential knowledge needed to understand and navigate the world of numbers, money, and markets. Whether you're a student looking to strengthen your academic foundation, a professional seeking financial literacy, or someone passionate about making informed decisions, this course is your gateway to mastering key concepts with ease.
What You’ll Learn:
1. Introduction to Economics:
Understand the core principles of economics, starting with what economics is, the concept of scarcity, and how demand and supply shape markets. Explore elasticity of demand and supply to analyze how changes in price affect consumer behavior.
2. Basics of Finance:
Grasp the fundamentals of finance and its role in everyday life. Discover how budgeting, saving, and managing expenses impact financial well-being. Delve into the Time Value of Money (TVM), the importance of risk and return in decision-making, and get an introduction to investing. Learn key financial terms to confidently navigate financial discussions.
3. Basic Statistical Tools:
Develop statistical thinking with topics like what statistics is, data collection and classification, and the types and uses of graphs. Understand essential tools of measurement such as mean, median, and standard deviation. Learn key statistical terms and how data-driven decisions influence businesses and economies.
Why Enroll?
- Beginner-Friendly: No prior knowledge required.
- Practical Application: Real-life examples to enhance understanding.
- Interactive Learning: Quizzes and activities to test your knowledge.
By the end of this course, you'll have a solid foundation in economics, finance, and statistics—empowering you to make smarter personal, academic, and professional decisions.

Who this course is for:

Students who wish to understand the basics of Economics and Finance to improve financial literacy

Learn basics of Economics, Finance and Math

What you'll learn

Explore related topics

Course content

Introduction to the Course1 lecture • 4min

Basics of Economics5 lectures • 35min

Basic Statistical Tools4 lectures • 46min

Basics of Finance4 lectures • 35min

Conclusion1 lecture • 4min

Requirements

Description

Who this course is for: