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1.7 CEUs  ::  17 Contact Hours  ::  Self-Paced  ::  Instructor Support  ::  6 Month Subscription
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Course Description

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.

With this course, our goal 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 principle tenets while specifically highlighting such central ideas as:

· 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)

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, has the fundamentals to guide you without overtaxing your brain.


* Instantly download, print, and share your CEU Certificate at course completion (additional shipping/handling charges apply for hard copy delivery). UniversalClass™ offers many wonderful learning tools including an online portfolio service that manages all your course completions and CEUs.
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Course Lessons

  • Lesson 1: Definition, History and Various Forms of Economics

    The 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 Thought

    Since 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 Economics

    Mankiw's 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 Economics

    This 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 Economy

    One 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 System

    The strengths of the U.S. economic system depends on natural resources, labor, and capital.
  • Lesson 7: Global Economies: Ranking National Economies

    While 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 Economics

    Interweaving 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 Economics

    As 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, and to contribute to the planning and strategy sessions conducted by corporate executives.
Course Title: Economics 101
Languages: English - United States, Canada, United Kingdom, Australia, New Zealand, and other English speaking countries
Category:
Course Number: 7550314
Course Type: General Education
Course URL: http://economics101.onlineclasses.com
Instructor: Dr. Metodija Stojanovski
Syllabus: View Syllabus
Grading Policy: Earn a final grade of 70% or higher to receive an online/downloadable CEU Certification documenting CEUs earned
Assessment Method: Lesson assignments and review exams
Duration: Continuous: Enroll anytime!
Requirements: View Technical Requirements
Course Fee: Basic Course: $40.00 (no CEU Certification)
  with CEU Certification: $65.00
Average Lesson Rating: (374 votes)
4.5 / 5 Stars (Average Rating) 4.5 / 5 Stars (Average Rating) 4.5 / 5 Stars (Average Rating) 4.5 / 5 Stars (Average Rating) 4.5 / 5 Stars (Average Rating)
"Extraordinarily Helpful"
Online CEU Certificate
1.7 CEUs
17 Contact Hours
  • Document Your Lifelong Learning Achievements
  • Earn an Official Certificate Documenting Course Hours and CEUs
  • Verify Your Certificate with a Unique Serial Number Online
  • View and Share Your Certificate Online or Download/Print as PDF
  • Display Your Certificate on Your Resume and Promote Your Achievements Using Social Media
CEU Value: 1.7 IACET CEUs (Continuing Education Units)
Standard: Course Adheres to the ANSI/IACET 1-2007 Standard
CE Accreditation: Universal Class, Inc. has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET), 1760 Old Meadow Road, Suite 500, McLean, VA 22102.
Grading Policy: Earn a final grade of 70% or higher to receive an online/downloadable CEU Certification documenting CEUs earned
Assessment Method: Lesson assignments and review exams

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), and
  • Demonstrate mastery of lesson content at levels of 70% or higher.
Lesson 1, Assignment 1Assignment40
Lesson I QuizExam8
Lesson 2, Assignment 1Assignment30
Lesson 2 QuizExam9
Lesson 3, Assignment 1Assignment30
Lesson 3 QuizExam8
Lesson 4, Assignment 1Assignment40
Lesson 4 QuizExam9
Lesson 5, Assignment 1Assignment20
Lesson 5 QuizExam7
Lesson 6, Assignment 1Assignment20
Lesson 6 QuizExam9
Lesson 7, Assignment 1Assignment40
Lesson 7 QuizExam8
Lesson 8, Assignment 1Assignment20
Lesson 8 QuizExam8
Lesson 9, Assignment 1Assignment30
Lesson 9 QuizExam10
Lesson 10, Assignment 1Assignment20
Lesson 10 QuizExam7
Lesson 11, Assignment 1Assignment40
Lesson 11 QuizExam8
The Final ExamExam450
Total Points:871

Student Testimonials

  • "Great overview of economics. I learned a lot. What an amazing instructor. His classes are well written and teach a lot and he grades fast." -- Sarah K.
  • "A very good course indeed. The instructor is an expert who is kind enough to make the course easier to learn. Thank you.. For me, all parts are equally helpful. I consider each topic as integral part to the whole course." -- Geraldito G.
  • "Concise and efficient! Cordial and excellent arrangement of subject matter to build learning from simple to complex ideas. Enjoyed taking his courses. Would have like to be a student of his in a real life class. The videos were excellent focus material!" -- Yolanda R.
  • "Everything was helpful. Instructor was great! Thanks!" -- Marcus M.
  • "I enjoyed the course and the ability to go at my own pace. I particularly liked the recommended links and the reference to the self teaching guide. I thought these were very helpful and an added benefit." -- Pamela R.
  • "All of the lessons were extremely helpful...I have enjoyed the whole ides of being able to take these courses from my home." -- Manuel H G.

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