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Economics for Beginners

This course provides an overview of the essential principles of economics. 

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Certificate :

After Completion

Start Date :

10-Jan-2025

Duration :

30 Days

Course fee :

$150

COURSE DESCRIPTION:

  1. This course provides an overview of the essential principles of economics.
  2. Participants will examine fundamental concepts including supply and demand, market structures, economic systems, and the government’s influence on the economy.
  3. Through real-world examples and case studies, learners will gain insights into how these economic principles impact individuals, businesses, and communities.

CERTIFICATION:

  1. Upon successful completion of the course, participants will be awarded a Certificate of Completion, demonstrating their grasp of fundamental economic concepts and their practical applications.

LEARNING OUTCOMES:

By the conclusion of the course, participants will possess the skills to:

  1. Grasp Essential Economic Principles: Clarify key concepts such as scarcity, opportunity cost, and utility.
  2. Examine Market Forces: Describe supply and demand dynamics and their effects on pricing and quantity.
  3.  Assess Economic Frameworks: Contrast various economic systems, including capitalism, socialism, and mixed economies.
  4. Analyze Government Influence: Review the effects of taxation, fiscal policies, and monetary policies on economic structures.
  5. Utilize Economic Reasoning: Apply economic analysis to address real-world issues and enhance decision-making.
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Course Curriculum

Introduction to Economics
  1. Definition and importance of economics
  2. Scarcity and resource allocation
Basic Economic Concepts
  1. Opportunity cost and trade-offs
  2. Factors of production
Market Mechanisms
  1. Supply, demand, and market equilibrium
  2. Price elasticity
Economic Systems
  1. Traditional, command, market, and mixed economies
  2. Examples of global economic systems
The Role of Government
  1. Taxation and public goods
  2. Fiscal and monetary policies
Introduction to Microeconomics
  1. Consumer behavior and utility
  2. Production and costs
Introduction to Macroeconomics
  1. GDP, inflation, and unemployment
  2. Business cycles and economic growth

Training Features

Beginner-Friendly Modules

Easy-to-follow explanations with visual aids and real-life examples.

Interactive Quizzes

Test your understanding of each concept.

Real-World Applications

Real-World Applications: Case studies and problem-solving exercises.

Access to Resources

Glossary of economic terms, infographics, and eBooks.

Self-Paced Learning

Flexible schedule to fit individual needs.

Expert Support

Q&A sessions with experienced economists.

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