Introduction to Economics

The market, Welfare economics, Externalities, and Tax
4.40 (626 reviews)
Udemy
platform
English
language
Other
category
Introduction to Economics
9 803
students
2 hours
content
Oct 2018
last update
FREE
regular price

Why take this course?

🎓 Course Title: Introduction to Economics 🚀

Course Headline: Master the Basics with "The Market, Welfare Economics, Externalities, and Tax" by Wan-Ju Iris Franz 🏫

Are you curious about how the economy works? How markets operate, and why governments intervene? Whether you're a beginner or looking to refresh your understanding of economic principles, Introduction to Economics is the perfect course for you!


What You'll Learn:

📈 Understanding Economic Concepts:

  • What is Economics? Discover the multifaceted discipline that studies how individuals and societies use limited resources to satisfy their unlimited wants.
  • Marginal Analysis: Learn how to make better decisions by analyzing the costs and benefits of additional units of a good or service.
  • Production Possibility Curve: Explore how economies can allocate resources efficiently between different goods and services.

Market Dynamics:

  • Demand & Supply: Understand how market prices are determined and learn the factors that shift demand and supply curves.
  • Market Failures: Uncover scenarios where markets don't produce optimal outcomes, such as monopolies, public goods, and externalities.

Government Intervention:

  • Welfare Economics: Explore how economists assess the welfare effects of various government policies, including taxation.
  • Taxation and Welfare Effects: Dive into the role of taxes in redistributing income and correcting market failures.

Course Features:

🧠 Real-World Examples: Bring economic theories to life with case studies from around the globe, demonstrating their practical application.

✍️ Interactive Quizzes: Test your understanding at each step and solidify your grasp of key concepts with fun, informative quizzes.

📊 Engaging Visuals: Comprehend complex ideas more easily with clear graphics and illustrations that simplify economic principles.

🤝 Community Discussions: Engage with peers in forums to discuss challenges and share insights on your learning journey.


Course Benefits:

  • Foundational Knowledge: Build a strong foundation in economics, opening doors to further study or career opportunities in the field.
  • Decision-Making Skills: Apply economic thinking to make informed decisions personally and professionally.
  • Global Perspective: Understand how global events and policies impact economies worldwide.

Whether you're a student, professional, or lifelong learner, Introduction to Economics will equip you with the knowledge to comprehend and engage with economic phenomena in today's rapidly changing world. Join us now and embark on your journey to understanding economics with Wan-Ju Iris Franz! 🌟

Enroll now and unlock the secrets of the economy from the comfort of your home or on the go, at a pace that suits you best. Let's dive into the world of economics together! 🌐✨

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1831408
udemy ID
31/07/2018
course created date
13/08/2019
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