Join Now | Sign In | Shopping Cart
UniversalClass™ - Why not learn something new today?

Online Class: Economics 201

Request More Information
Course Video: Economics 201
IACET Authorized Provider Enroll today! This is a self-paced, continuing education, online course with instructor. You have 6 months to complete.
Course Cost: 6 Month Subscription
Course (no Certificate)   =   $40.00
Course with CEU Certificate*   =   $65.00
* 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.  
Add Course to Wish List

Course Description

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.

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's principle tenets while specifically highlighting such central ideas as: supply and demand, interest rates and inflation.

True, economics can be a complex subject. Yet, it remains highly pertinent to our modern-day lives not to mention a most stimulating topic. From gaining a sense of the forces that drive the economy to understanding how statistical and economics come together to forecast future monetary trends, this course offers a great deal of valuable information for both business and personal purposes.

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.
 
 

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.

Request Information
Have a question? Contact us for more information regarding this course.

Your Name:

Your Email:
Comments:
 

Learning Outcomes

By successfully completing this course, students will be able to:
  • 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

Tell a Friend

Lesson 1: Supply and Demand Model

Supply and demand is at the very core of the description of economics and contributes to several different types of the study.

Lesson 2: Supply and Demand Curves and Elasticity

By 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 3: Marginalism

In its totality, marginalism purports to study the subjective theory of value and the objective theory of money.

Lesson 4: Fiscal Policy and Monetary Policy

The Federal government is charged with the duty of regulating the economy and safeguarding its stability.

Lesson 5: Economic Growth, Stimulus and Stabilization

When 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 6: Interest Rates - Part One

This lesson will provide a general overview of interest rates and how fluctuations within the economy affect market conditions and consumer spending.

Lesson 7: Interest Rates- Part Two

Now, we will delve into the specifics of how interest rates are used within our present day economy.

Lesson 8: Inflation and Deflation

Inflation is the increase in the general price level over time. The opposite is deflation--a downward movement in the average level of prices.

Lesson 9: Financial Markets and Investing

Within the world of economics, a financial market is a forum through which people can buy and sell financial securities and commodities.

Lesson 10: Taxation Structures

In order to keep the country running, we are required to pay taxes. This lesson will explain the many different types of tax structures.

Lesson 11: Public Finance

How the government allocates funds and makes decisions based upon current economic climate and enacts policies to help improve the economy.

Lesson 12: 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, IMF's Research Department

Lesson 13: Economic Indicators and Statistical or Probability Economics

"Economic Indicators show storm clouds on the horizon" ~ CBS News

Lesson 14: Marriage of Statistics and Econometrics

Experts from within the economic field have generated an infinite trail of numbers. They organized, analyzed, and now subsequently rely upon them as the basis for making pivotal decisions.

Lesson 15: Economic Books and Additional Resources

Due 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 16: Final Thoughts

Upon 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 201
CEU Value :

1.5 IACET CEUs (Continuing Education Units)

Standard :

Course Adheres to the ANSI/IACET 1-2007 Standard

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.

Languages : English - United States, Canada, United Kingdom, Australia, New Zealand, and other English speaking countries
Course Number : 7550316
Course Type : General Education
Course URL :

http://economics201.onlineclasses.com

Course Rating : Excellent Course! 4 Star Rating
Instructor :

Dr. Metodija Stojanovski

Syllabus :

View 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: $40.00 (no CEU Certificate)

   

with CEU Certificate: $65.00

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.

Choose from 5 Secured Payment Methods

Credit Card Online Credit Card through FAX
Check/Money Order through Mail Credit Card over the Phone
PayPal  
To use any of these methods you must press the "Join this Course" button on this screen and go through the online registration process in order to generate the correct order form and correctly process your enrollment. All financial information is secured and encrypted using Verisign-approved SSL during transmission.

Student Testimonials

  • "Thank you very much for all your answers to my emails. Through this course I can see you are very well prepared instructor. Congrats for the course." -- Mercedes P.

Featured Courses in Economics

Economics: Complete Edition

1. Economics: Complete Edition

($80.00) The purpose of this course is to equip you with a working understanding of economics and its myriad of business and personal applications. more
  Investing 101: Stocks, Bonds, and Mutual Funds

2. Investing 101: Stocks, Bonds, and Mutual Funds

($60.00) This course will help you demystify the stock market and start making money!. more
     
Business Math 101

3. Business Math 101

($60.00) This course takes you through an overview of the wonderful world of business mathematics. more
  Budgeting and Saving 101

4. Budgeting and Saving 101

($60.00) This course is designed to get you up to speed on the basics of business budgeting and cost cutting. more

Other Related Classes in Economics

  • Event Planning 101 Event planning is one of the hottest new fields available to people from all walks of life today. Although some event planners may possess a college degree in business or a related field of study, a college degree is not required to be an event planner,...
  • Accounts Payable Management This course is a training guide for the new manager of an accounts payable department. It will help you step into your new role and take a commanding and successful lead. This course will take what you know and enhance it by adding management principles...
  • Investing 101: Stocks, Bonds, and Mutual Funds This course will help you demystify the stock market and start making money! Everyone yes, everyone is sure to find something suitable in the stock market to invest in. It doesn't matter if you are looking for a very safe investment to protect your nes...
  • Accounts Receivable Management Accounts Receivable management is a demanding job. You'll be making decisions that can make or break a company. Your role is unique and complex--one that is closely integrated into the overall customer service of your company. In this course, we'll look ...
  • Legal Terminology 101 Legal questions come up regularly in our daily lives and the language of law is everywhere. Legal Terminology 101 is a comprehensive guide to the language of the legal system. If you're planning on purchasing a house, involved in a landlord-tenant d...
  • Business Writing Basics We live in world where communication is paramount to survival. In a work environment where communication is equated with the professionalism and efficiency of an individual, would you jeopardize your career because of bad writing? Do you want the embarra...
  • Customer Service 101 Good customer service is not about satisfying the cu stomer, it is about wowing the customer! It's about making the customer walk in, do business, and walk out again absolutely stunned that their transaction was so enjoyable. Customer service is ...
  • Payroll Management 101 There are many aspects that need to be covered when running a successful business. One of the most important aspects in any business is of course, payroll management. The members of the business involved in payroll management have unique responsibilities...
  • Negotiation Skills In order to be effective at any business endeavor learning how to negotiate properly is not simply a nice skill to have, it has become an essential requirement in career advancement. This course will teach you what you need to know in order to become acc...
  • How to Write a Grant Proposal Did you realize that you are most probably an experienced grant writer already? NO , you say, I've never written a grant in my life before -- but you have. Most people out there have asked somebody, at some time, for something in writing (one way ...
  • Loan Processing 101 As we move into a new era of lending, one in which there will be increased regulations and scrutiny of loan officer activities, it is very critical to have well educated and trained professionals in place capable of knowledgably working with clients and ...
  • Listening Skills 101 Did you know that there is a difference in hearing and listening? There is! Have you ever been told that you just don't listen? Most people have at some point in their life, so you probably have experienced it as well. But the problem is that good listen...
  • Fundraising 101 Whether you are seeking to raise funds for your non-profit group, a worthy charity, political or religious organization, your local school or to provide community specific aid, this detailed course will provide you with everything you need to know about...
  • Credit Report and Repair Credit governs everyone's lives. It is what allows people to buy a house, get a car, have a credit card and generally live a life they cannot really afford. Sadly, many people get into a debt spiral that soon goes out of control. They have trouble keepin...
  • Conflict Resolution 101 Conflict Resolution: In the Workplace and Beyond Did you know that a little conflict in your office today can shut down your entire operation tomorrow? That is no exaggeration! Workplace conflict costs. It starts by reducing productivity and employee h...
  • Internet Marketing Basics Today's business marketing efforts require an internet presence, an active campaign and a steady attention to the details of your company's internet marketing efforts. Don't let your company get left behind in the marketplace of ideas and sales. Universa...
  • Resume Writing 101 One of the most important and intimidating steps in the job search process is writing a solid resume that gets the attention you want and need. Unfortunately, many job seekers get overwhelmed before they even get started. The result is poorly-written res...
  • Special Events Planning 101 Think back to the last time you went to a convention, a wedding, or an off-site business meeting. Everything you saw--from the sign-up posts, to the table decorations, to the folders you've been handed--had to be created by someone. That someone would ...
  • Telephone Skills and Quality Customer Service Today's consumers have a variety of options for shopping, obtaining services and getting the help they need. They can use catalogs, the mail, the Internet and face-to-face contact, yet telephone customer service is still the first choice for most custome...
  • Paralegal Studies 101 The paralegal field is highly rewarding for those who seek to be a part of the justice system. On a day to day basis, the paralegal is the attorney's right hand. From the perspective of the law, the paralegal is a sort of junior attorney in so far as she...
  • Personal Finance 101: How to Manage Your Money Imagine you're going on a trip…It sounds odd, but your journey to understanding, growing and maintaining personal finance starts with your imagination. That's not all it takes, but, by imagining, dreaming and believing, these intangibles will begin...
  • Assertiveness Training 101 The ability to be assertive is difficult. Because most people do not want to be perceived as selfish, demanding, hostile, stubborn or just plain hard to get along with, they allow others to take advantage of them or they do more than is necessary or requ...
  • Budgeting and Saving 101 This course is designed to get you up to speed on the basics of business budgeting and cost cutting. You will be introduced to the different aspects of business financial tools and will have an essential primer to current business trends in cost cutting ...
  • Mediation 101 The individual who pursues a career as a mediator can look forward to a job that is personally satisfying and financially rewarding. With its emphasis on fairness and cooperation, this career is an ideal choice for those who are empathetic and want to ...
  • Confidence Building 101 This course on building self-confidence reaches beyond the standard self-help program by addressing the core issues surrounding confidence problems and exploring how to reprogram our brain‘s negative self-talk. Based on the concept that we come int...
  • Contract Law 101 Every time you trade an item, attend a sporting event or buy a soda, you enter the world of contracting. When an exchange is made willingly a contract exists. But do you know how US law interprets and enforces contracts? We've designed an introductory co...
  • Party Planning 101 Looking for a way to throw a children's birthday party on a budget? Easy crafting and good old creativity can balance the budget and still bring joy to all the little party guests. In the party planning business, there is no right or wrong, only a desir...
  • How to Start and Run an Online Business How to Start and Run an Online Business is an online course that is organized into 16 different sections to help you understand how to create an online business, even if you don't have any online business experience. From the basics of learning how to ...
  • Estate Planning Estate planning was once a buzz phrase reserved only for the wealthy. However, today many people are beginning to realize that estate planning is important for everyone. Anyone who has assets, no matter how small or wants their medical wishes carried ou...
  • Marketing Outreach Marketing a company's products and services to potential and existing customers is not only necessary, but a key ingredient to growing sales. Outreach marketing is the facet of marketing in which a company representative actively seeks out potential lead...
  • Customer Relationship Management 101 Quality in a service or product is not what you put into it. It is what the client or customer gets out of it. (Peter Drucker) We are exposed to customer service (of one kind or another) at least once a day, every day of the week, fifty-two wee...
  • Investing 201: Intro to Commodity, Options, and Futures Markets Can you predict which direction corn prices will go? Are you the type of person who enjoys taking risks? Do you want to be a part of an often fast-paced, emotional environment? A career in futures trading can lead to a great income and a large bank acco...
  • Retirement Planning Retirement for many of us can already be a fact of life. For others, it is looming on the horizon and the closer we get the more uneasy we feel about that next step. We are filled with questions about just how we will pay for our retirement. What will...
  • Marketing for Small Business 101 Marketing for the 21 st century small business is more dynamic and more challenging than ever before in the course of history. The world has simultaneously opened up and yet niched closed in many ways. Today's businesses are challenged by a couple of ...
  • Mortgage Broker 101 ~Part Lender, Part Real Estate Aficionado~ In this course we will discover the workings of mortgage bankers/broker specialists and the unique role they play in partnering with individuals when they make one of the most important purchases of their enti...
  • Catering 101 If you are the kind of person who... thrives on cooking for your friends, wants everyone to come to your house for dinner, feels like you have more party food ideas than you could ever possibly execute in your own home ...then you might want to start you...
  • Persuasion 101: Learn How to Persuade Have you ever purchased something or agreed with someone and wondered later what made you give in so easily? Do you want to learn how to give a persuasive presentation by yourself? This course offers a blend of the science and the art of persuasion...
  • Business Credit 101 Business Credit 101 provides potential and current business owners with the necessary knowledge to successfully use credit within their business. There are many reasons why business operators rely on credit to maximize their business potential, but it ...
  • Creating an Effective Sales Team Every small business owner or new entrepreneur knows that the success of their company will depend largely on the effectiveness of their sales team. After all, if you are not selling something, then you can hardly call yourself in business since business...
  • Personal Protective Equipment This Personal Protective Equipment Course is designed to help those working in the various industries that utilize PPE (Personal Protective Equipment) as a means to protect the worker from the natural harm that comes into their work area. This online cla...
 
Request More Information   Tell a Friend