Econ 101: The Complete Intro to Economics For Beginners

BY
Udemy

Mode

Online

Fees

₹ 2299

Quick Facts

particular details
Medium of instructions English
Mode of learning Self study
Mode of Delivery Video and Text Based

Course and certificate fees

Fees information
₹ 2,299
certificate availability

Yes

certificate providing authority

Udemy

The syllabus

Introduction

  • Course Introduction
  • Instructor Introduction
  • Udemy Review System
  • Excel Basics - Formatting, Reports and Charts

Discovering Economics

  • Economic History
  • The Science of Scarcity
  • Micro vs Macro Economics
  • Economic Models and Graphs

Exploring Consumer Choices

  • Human Behaviour Using a Choice Model
  • Pursuing Personal Happiness
  • Examining Limitations
  • Marginal Utility
  • Violations and Limitations of the Economic Choice Model

Production - The Right Good The Right Way

  • What Is Possible To Produce
  • Deciding What to Produce

Microeconomics - Supply and Demand Made EAsy

  • Deconstructing Demand
  • Sorting Out Supply
  • Bringing Supply and Demand Together
  • Price Controls

Utility Maximizing Consumer

  • Getting The Most Happiness For Your Money
  • Choosing by Ranking
  • Getting Less From More
  • Choosing Between Options
  • Demand Curves and Diminishing Marginal Utility

The Profit Maximizing Firm

  • Firms Goals: Maximize Profits
  • Facing Competition
  • Analyzing a Firms Costs Structures
  • Comparing Marginal Revenue with Marginal Cost
  • When Producing Nothing Is Best

Free Markets And Competition

  • Competitive Free Markets
  • When Free Markets Lose Their Freedom
  • The Perfect Competition

Monopolies

  • Examining Profit Maximizing Monopolies
  • Examples of Good Monopolies
  • Regulating Monopolies

Oligopoly and Monopolistic Competition

  • Oligopolies
  • Incentives To Cheat
  • Regulating Oligopolies
  • Monopolistic Competition

Microeconomics: Property Rights and Wrongs

  • Allowing Markets to Reach Socially Optimal Outcomes
  • Examining Externalities
  • Tragedy of the Commons

Market failure - Asymmetric Information

  • Facing Up to Asymmetric Information
  • Providing Public Goods

Taking the Pulse of Health Economics and Finance

  • Defining Health Economics and Health Finance
  • Noting the Limits of Health Insurance
  • Comparing Healthcare Internationally
  • Inflated Demand
  • Investigating Singapore's Secrets

Measuring the Macroeconomy

  • Gross Domestic Product
  • The GDP Equation

Inflation

  • When Too Much Money Is A Bad Thing
  • Measuring Inflation

Why Recession Happens

  • The Business Cycle
  • Striving for Full Employment
  • Price Adjustments
  • Heading Towards Recession
  • Achieving Equilibrium

Financial Crisis

  • Understanding How Debt Driven Bubbles Develop
  • Seeing the Bubble Burst
  • Looking Towards Recovery

Course Conclusion

  • Economic Ideas Summary
  • Course Conclusion
  • 2021 Entrepreneur Trends to Watch
  • Recommended Next Steps

Instructors

Mr Chris Benjamin

Mr Chris Benjamin
Instructor
Udemy

MBA

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