Fundamentals of Economics (Part A)

Fundamentals of Economics (Part A)

Online interactive course

Fundamentals of Economics (Part A) Fundamentals of Economics (Part A) 119.99
Fundamentals of Economics (Part A) 5Global Finance School
DEMAND OF KNOWLEDGE: BEGIN LEARNING MICROECONOMICS FOR A BETTER UNDERSTANDING OF CURRENT ISSUES IN THE FINANCIAL WORLD.
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Sandy Shane

ABOUT THIS COURSE

What is this course about?

This course’s dynamic chapter openers, in-text examples and countless applications contain the highest grade of content, including real-world issues, in today’s financial market. It capitalizes on every seamless connection between the market and the environment, and highlights the importance of learning this basic Economics: Part A course. Terms like “possibilities curve”, “GDP”, “supply and demand” and the “consumption curve”, which are outlined in the course, are just a few of the many important issues you will need to learn about before entering into the financial world.

Who is this course for?

Business professionals, beginning investors, students.

What are the prerequisites for taking this course?

No prior knowledge is required.

What will I achieve by taking this course?

  • Better understand the difference between “micro” and “macroeconomics.”
  • Learn the three types of cost and how you can use them in the real world.
  • Differentiate between supply and demand and understand how both terms work.
  • Obtain a certain amount of knowledge concerning exports and imports.

SYLLABUS

Introduction
What Is A Curve?
Naming and Forming Curves
Terminology
Microeconomics – Macroeconomics
60 Mins
Declining Marginal Output & Increasing Marginal Costs
Declining Marginal Ouput
More Details on Diminishing Returns
Increasing Marginal Costs
From Marginal Cost to Supply
60 Mins
Declining Marginal Output & Increasing Marginal Costs Quiz
30 Mins
Production Possibilities Curve - Lesson A
Production Possibilities Curve
Examples of Scarcity
Basket of Goods
Resources
Shape of PPC
Underuse of Resources
Opportunity Cost
Three Types of Costs
60 Mins
Production Possibilities Curve - Lesson B
Shifts in the PPC
Improved Manufacturing Capability
Declining Manufacturing Capability
Shapes of the PPC
Summary and Examples
60 Mins
Production Possibilities Curve Quiz
30 Mins
Comparative Advantage
Barter
Trade Between Countries
Absolute Advantage
Comparative Advantage
Consumption
60 Mins
Comparative Advantage Quiz
30 Mins
Gross Domestic Product and National Accounts - Lesson A
Definitions
Added Value
Calculating GDP
Chain of Intermediate Goods
Capital Goods and Consumer Goods
National Income
Exports
60 Mins
Gross Domestic Product and National Accounts - Lesson B
Usage of GDP
Effects of Imports
National Accounts
Gross Investments and Net Investments
GDP vs. NDP
The PPC Curve
60 Mins
Gross Domestic Product and National Accounts Quiz
30 Mins
Supply and Demand - The Supply and Demand Curves
The Supply Curve
Total Production Expense
Revenue
Shifting of the Curves
Demand Curve
60 Mins
Supply and Demand - Prices and Elasticity
Market Equillibrium Prices
Non-Equillibrium Prices
Three Types of Powerful Groups
Relationship Between Products
Elasticity
Categorizing Curves
60 Mins
Supply and Demand - Exports and Imports
Connection Between Price and Revenue
Government Influence
Granting Subsidies to Producers
Setting Max. and Min. Prices
Limiting Production
Export and Imports
60 Mins
Supply and Demand Quiz
30 Mins
Household
Expenditures
Unequal Incomes
Lorenz Curve
Gini Index
Taxes and VAT
Disposable Income
Consumption Curve
60 Mins
Household Quiz
30 Mins
Commercial Banks and The Central Bank - Bank Accounts
Commercial Banks
Check and Credit Card Systems
Depositing Cash
Money
60 Mins
Commercial Banks and The Central Bank - Loans
Commercial Banks
Loans
The Reserve Ratio
Bankrupcy
60 Mins
Commercial Banks and The Central Bank - Central Bank
Deposit Multiplier
Loan Multiplier
Monetary Base
Central Bank
Federal Reserve Issues Currency
Uniqueness of the Money Market
Financial Statements
60 Mins
Commercial Banks and The Central Bank Quiz
30 Mins

Make it Count!

Certificate of Completion
If you choose the certificate plan, a certificate of completion will be issued in your name upon succesful completion of the course quizzes. You can save this certificate to your computer, print or email it to your current or future employers.
ASIC Accredited
Global Finance School is accredited by the British Accreditation Service for International Schools (ASIC).

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Call +1 (201) 706-7869
Fundamentals of Economics (Part A)

Fundamentals of Economics (Part A)

Online interactive course

+1(201) 706-7869