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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.
Course Lessons
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
In 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 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, Economist-World Economic Studies Division, IMF's Research Department
Lesson 13: Economic Indicators and Statistical/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 subsequently rely upon them as the basis for making pivotal decisions.
Lesson 15: Economic Books and 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!
Optional Certificates Awarded
Certificate of Merit
Certificate of Academic Excellence
In addition to the standard Certificate of Course Completion, Merit Awards may be issued by the instructor at his/her own discretion and are based on student achievement. Merit awards also incur an additional $30.00 processing fee that covers the customization, printing, and delivery of the award, as well as access to the UniversalClass™ Portfolio Service that documents your achievements online. Official Merit Awards have a serial number that verifies the authenticity of the award (great for employers to verify your achievement).
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, or educational requirements.
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"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.
($55.00) This course is designed to get you up to speed on the basics of business budgeting and cost cutting. more
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