Online Class: Economics 201

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.

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16

Lessons
32

Exams &
Assignments
567

Students
have taken this course
15

Hours
average time
1.5

CEUs

Course Description

Economics is an inherent part of our world. In fact, with every passing day, economics becomes more and more pivotal to our survival. From the items we buy at the store, our personal banking accounts, the types of industries in which we work and the resources governments employ 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. 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 what economics is and how it operates has a wide-range of benefits from the practical--why we pay taxes--to the more lucrative possibilities--such as tips for investing within the money markets.

Courses Frequently Bought Together:

Investing 101: Stocks, Bonds, and Mutual Funds

QuickBooks 101

Business Budgeting 101: How to Plan, Save, and Manage

Completely Online
Self-Paced
Printable Lessons
Full HD Video
6 Months to Complete
24/7 Availability
Start Anytime
PC & Mac Compatible
Android & iOS Friendly
Accredited CEUs

Universal Class is an IACET Accredited Provider

Course Lessons

Average Lesson Rating:

"Extraordinarily Helpful"

(698 votes)

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. 13 Total Points

Lesson 1 Video
Lesson discussions: Reasons for Taking this Course
Complete: Lesson 1 Assignment
Assessment: Lesson 1 Quiz

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. 17 Total Points

Lesson 2 Video
Complete: Lesson 2 Assignment
Assessment: Lesson 2 Quiz

Lesson 3: Marginalism

In its totality, marginalism purports to study the subjective theory of value and the objective theory of money. 21 Total Points

Lesson 3 Video
Complete: Lesson 3 Assignment
Assessment: Lesson 3 Quiz

Lesson 4: Fiscal Policy and Monetary Policy

The Federal government is charged with the duty of regulating the economy and safeguarding its stability. 14 Total Points

Lesson 4 Video
Lesson discussions: Nobels To You!
Complete: Lesson 4 Assignment
Assessment: Lesson 4 Quiz

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. 24 Total Points

Lesson 5 Video
Lesson discussions: Just For Fun
Complete: Lesson 5 Assignment
Assessment: Lesson 5 Quiz

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. 23 Total Points

Lesson 6 Video
Complete: Lesson 6 Assignment
Assessment: Lesson 6 Quiz

Lesson 7: Interest Rates- Part Two

Now, we will delve into the specifics of how interest rates are used within our present day economy. 12 Total Points

Lesson 7 Video
Complete: Lesson 7 Assignment
Assessment: Lesson 7 Quiz

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. 24 Total Points

Lesson 8 Video
Complete: Lesson 8 Assignment
Assessment: Lesson 8 Quiz

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. 29 Total Points

Lesson 9 Video
Complete: Lesson 9 Assignment
Assessment: Lesson 9 Quiz

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. 24 Total Points

Lesson 10 Video
Complete: Lesson 10 Assignment
Assessment: Lesson 10 Quiz

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. 18 Total Points

Lesson 11 Video
Complete: Lesson 11 Assignment
Assessment: Lesson 11 Quiz

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 23 Total Points

Lesson 12 Video
Complete: Lesson 12 Assignment
Assessment: Lesson 12 Quiz

Lesson 13: Economic Indicators and Statistical or Probability Economics

"Economic Indicators show storm clouds on the horizon" ~ CBS News 14 Total Points

Lesson 13 Video
Complete: Lesson 13 Assignment
Assessment: Lesson 13 Quiz

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. 15 Total Points

Lesson 14 Video
Complete: Lesson 14 Assignment
Assessment: Lesson 14 Quiz

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. 15 Total Points

Lesson 15 Video
Complete: Lesson 15 Assignment
Assessment: Lesson 15 Quiz

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! 585 Total Points

Lesson 16 Video
Lesson discussions: What Did I Learn?; Program Evaluation Follow-up Survey (End of Course); Course Comments
Complete: Lesson 16 Assignment
Assessment: Economics - Final Exam

871

Total Course Points

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.
Demonstrate mastery of lesson content at levels of 70% or higher.

Additional Course Information

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

Course Title: Economics 201

Course Number: 7550316

Lessons Rating: 4.4 / 5 Stars (698 votes)

Languages: English - United States, Canada and other English speaking countries

Category:

UniversalClass.com > Business > Management

Availability: This course is online and available in all 50 states including: California, Florida, Georgia, Illinois, New York, Pennsylvania, Ohio, Texas, and Washington.

Last Updated: June 2023

Course Type: Self-Paced, Online Class

CEU Value: 1.5 IACET CEUs (Continuing Education Units)

CE Accreditation: Universal Class, Inc. has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET).

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

Instructor: Dr. Metodija Stojanovski

Syllabus: View Syllabus

Course Fee: $95.00 U.S. dollars

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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.