Economics for Beginners | Part A
E-learning Economics Course for Beginners | A

Description:

This E-Learning economics course will help you to understand the main terms studied in Economics matriculation and first degree courses. You do not need to know mathematical equations to understand the basic concepts presented throughout the course. The use of real-life examples and easy to read graphs makes the content easy to grasp. Upon completing Economics for Beginners ,you will have the knowledge and understanding of a beginning economist level. A concluding quiz will examine your comprehension at the end of each lesson.
This image is for illustration purposes only.
Price: $45
Activation: Immediate You will get your login details after few min. through your e-mail.
Access: 1 Year Take this course as many times as you wish, for 1 year.
Course duration: 30 Hours

Includes ongoing personalized support from our online Help Desk...Read More >>

Course Features:

♦ Continuous personalized support from our online Help Desk
♦ Learn at your own pace, 24/7
♦ Learn anytime, anywhere
♦ Amazing price
♦ 100% money-back guarantee
♦ Get a GFS certificate (subject to qualifying conditions)

The objectives of this course are:

  • To provide an introduction to the economic way of thinking through exposure to the language, theories and methodology of economics.
  • To provide understanding of how core macro- and micro-economics theoretical principles relate to practical economic issues, and how they can be used to analyze important real- world economic problems and developments.
  • To describe the ways in which people produce, consume and exchange goods and services.

Topic Outline:

1. Introduction

What Is A Curve? | Declining Marginal Output | Microeconomics – Macroeconomics

2. Production Possibilities Curve

Production Possibilities Curve | Underuse Of Resources | Three Types Of Costs | Improved and Declining Manufacturing Capability

3. Comparative Advantage

Barter | Using Comparative Advantage To Increase Potential | Consumption | Consumption Possibilities Curve

4. Gross Domestic Product and National Accounts

Added Value | National Income | National Accounts | Gross and Net Investment | GDP | The PPC Curve

5. Demand and Supply

Demand and Supply Curves | Shifting In The Curves | Shifting of The Curves | Market Equilibrium Price | Export and Imports | Interfering of The Government | Elasticity | Types of Markets

6. Household

Savings vs. Shortfall | Lorenz Curve | Taxes | The Consumption Curve

7. The Central Bank

Checking Accounts | What Money Is | Money The Economy | Bank Lending | Loans | Bank Sheets | The Income Statement | Issuing Currency