Online Class: Economics: Complete Edition
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 | | | This Course includes both Economics 1 & 2
 | Course Cost: 6 Month Subscription Course (no Certificate) = $55.00 Course with CEU Certificate* = $80.00 | * Instantly download, print, and share your CEU Certificate at course completion (additional shipping/handling charges apply for hard copy delivery).
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 Course Description The purpose of this course is to equip you with a working understanding of economics and its myriad of business and personal applications. As such, we have crafted an easy-to-understand course comprised of economic's principle tenets while specifically highlighting such central ideas as: supply and demand, interest rates and inflation. Economics is an inherent part of our world. And, with every passing day, economics becomes more and more pivotal to our survival. From the items we buy at the store and our personal banking accounts to the types of industries in which we work and the resources government employs to sustain our communities, we are surrounded by economically-based challenges on a daily basis. The average individual knows very little about economics and tends to believe whatever was seen or heard on television. However, we all contribute and are impacted by economic factors and need a basic understanding of how this works as economics becomes more and more pivotal to our survival. Knowing how the system operates has a range of benefits from the practical-why we pay taxes to the more lucrative possibilities tips for investing within the money markets. This complete course will discuss these topics: - Definition, History and Various Forms of Economics
- Schools of Thought
- Ten Major Principles of Economics
- World Economic Systems and Comparative Economics
- Components in Societal Economy
- Basic Tenets of the U.S. Economic System
- Global Economies: Ranking National Economies
- Micro and Macro: Styles of Economics
- Federal Reserve System: aka 'The Fed'
- Managerial Economics
- Gross National Product (GNP) and Gross Domestic Product (GDP)
- Supply and Demand Model
- Supply and Demand Curves and Elasticity
- Marginalism
- Fiscal Policy and Monetary Policy
- Economic Growth, Stimulus and Stabilization
- Interest Rates - Part One
- Interest Rates- Part Two
- Inflation and Deflation
- Financial Markets and Investing
- Taxation Structures
- Public Finance
- Revenue and Economic Forecasting
- Economic Indicators and Statistical/Probability Economics
- Marriage of Statistics and Econometrics
Regardless of whether you want to become more familiar with economics so that you can better budget your household expenditures or so that you can became the entrepreneur you have always dreamed, this complete economics course has the fundamentals to guide you without overtaxing your brain. Learning Outcomes By successfully completing this course, students will be able to:
- Define economics.
- Summarize the history of economics.
- Describe the ten major principles of economics.
- Describe the components in Societal Economy.
- Summarize Global Economies.
- Compare and contrast Micro and Macro Economics.
- Describe the Federal Reserve System.
- Define the Gross National Product (GNP) and Gross Domestic Product (GDP).
- Describe the Supply and Demand Model.
- Define Supply and Demand Curves and Elasticity.
- Define Marginalism.
- Describe Fiscal Policy and Monetary Policy.
- Summarize Economic Growth, Stimulus and Stabilization.
- Describe Interest Rates and their impact on economy.
- Summarize Inflation and Deflation and their impact on economy.
- Describe Financial Markets and Investing.
- Summarize taxation structures.
- Describe public finance and its impact on the economy.
- Compare and contrast Statistics and Econometrics, and
- Demonstrate mastery of lesson content at levels of 70% or higher.
Course Lessons |  | Lesson 1: Definition, History and Various Forms of EconomicsThe purpose in studying economics leads to the formulation of principles. The following societal elements: history, politics, and the social sciences, cannot be fully grasped without first coming to some basic understanding of economic principles. | Lesson 2: Schools of ThoughtSince its infancy, the complex study of economics has attracted more than its fair share of viewpoints and opinion makers. | Lesson 3: Ten Major Principles of EconomicsGregory Mankiw's primary objective with his work, "Principles of Economics" was to present readers with a basic framework of how economics works and fundamental structures for analyzing economic systems presently in place. | Lesson 4: World Economic Systems and Comparative EconomicsThis lesson will focus on different types of economic systems that exist throughout the world; the degree to which they effectively serve their respective environments and the ways in which they complement or clash with one another. | Lesson 5: Components in Societal EconomyOne of the purposes behind the science of economics is to present a structure by which a society's economy may be compared or contrasted against those of other societies. | Lesson 6: Basic Tenets of the U.S. Economic SystemThe strengths of the U.S. economic system depends on natural resources, labor, and capital. | Lesson 7: Global Economies: Ranking National EconomiesWhile the U.S. was formerly viewed to be the sole super economic power, over the past decade, it has declined in many financial and economic areas. | Lesson 8: Micro and Macro: Styles of EconomicsInterweaving many of the previously discussed elements relating to economics, the concepts of macroeconomics and microeconomics are useful tools for comparing and contrasting economic activity among world nations. | Lesson 9: Federal Reserve System: aka "The Fed"By order of Congress, the Federal Reserve System was introduced as part of the Federal Reserve Act of 1913. | Lesson 10: Managerial EconomicsAs a category, economic activities occurring within corporate structures are known either as managerial economics or business economics. | Lesson 11: Gross National Product (GNP) and Gross Domestic Product (GDP)Both GNP and GDP are used to facilitate the economic policy making process performed by government, to contribute to the planning and strategy sessions conducted by corporate executives. | Lesson 12: Supply and Demand ModelSupply and demand is at the very core of the description of economics and contributes to several different types of the study. | Lesson 13: Supply and Demand Curves and ElasticityIn and of themselves, individual supply and demand figures may not prove terribly useful. Supply and demand figures can be quite valuable for businesses with respect to strategic planning and reallocation activities. | Lesson 14: MarginalismIn its totality, marginalism purports to study the subjective theory of value and the objective theory of money. | Lesson 15: Fiscal Policy and Monetary PolicyThe Federal government is charged with the duty of regulating the economy and safeguarding its stability. | Lesson 16: Economic Growth, Stimulus and StabilizationWhen infiltrating new markets, companies are likely to encounter many barriers and constraints. They make efforts to maximize profits, discover ways to lower costs and find acceptable shortcuts. | Lesson 17: Interest Rates - Part OneThis lesson will provide a general overview of interest rates and how fluctuations within the economy affect market conditions and consumer spending. | Lesson 18: Interest Rates- Part TwoNow, we will delve into the specifics of how interest rates are used within our present-day economy. | Lesson 19: Inflation and DeflationInflation is the increase in the general price level over time. The opposite is deflation--a downward movement in the average level of prices. | Lesson 20: Financial Markets and InvestingWithin the world of economics, a financial market is a forum through which people can buy and sell financial securities and commodities. | Lesson 21: Taxation StructuresIn order to keep the country running, we are required to pay taxes.This lesson will explain the many different types of tax structures. | Lesson 22: Public FinanceHow the government--allocates funds and makes decisions based upon current economic climate and enacts policies to help improve the economy. | Lesson 23: Revenue and Economic Forecasting"Economic forecasting is an art, not a science. Economic outcomes are often influenced by unanticipated events, and data may be inadequate.".
~ Paula R. De Masi, Economist-World Economic Studies Division, IMF's Research Department | Lesson 24: Economic Indicators and Statistical/Probability Economics"Economic Indicators show storm clouds on the horizon"
~ CBS News | Lesson 25: Marriage of Statistics and EconometricsExperts from within the economic field have generated an infinite trail of numbers. They organized, analyzed and subsequently rely upon them as the basis for making pivotal decisions. | Lesson 26: Economic Books and ResourcesDue to the complexity of the topic of economics, and the seismic impact economics has on daily life, we present a wide variety of economic resources here. | Lesson 27: Final ThoughtsUpon reaching the end of our Economics Made Easy course, we earnestly hope you have learned a great deal of useful, applicable information about economics! |
Additional Information | Course Title | : | Economics: Complete Edition | | CEU Value | : | | | Standard | : | Course Adheres to the ANSI/IACET 1-2007 Standard | | Accreditation | : | | | Languages | : | English - United States, Canada, United Kingdom, Australia, New Zealand, and other English speaking countries | | Course Number | : | 7550317 | | Course Type | : | Undergraduate | | Course URL | : | | | Course Rating | : |  | | Instructor | : | | | Syllabus | : | | | Grading Policy | : | Earn a final grade of 70% or higher to receive a CEU Certificate documenting CEUs earned | | Assessment Method | : | Lesson assignments and review exams | | Duration | : | Continuous: Enroll anytime! | | Requirements | : | View Technical Requirements | | Course Fee | : | Basic Course: $55.00 (no CEU Certificate) | | | | | NOT FOR COLLEGE CREDIT This is a non-credit course, and is provided for your personal enrichment.
This course is not intended to be a substitute for any state, government, licensing, certification or educational requirements.
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