What you'll learn
- Grasping fundamental economic principles and concepts
- Analyzing the production and consumption of goods and services
- Evaluating international business strategies
About This Course
This course offers a comprehensive introduction to fundamental economic concepts, essential for understanding various issues faced by business firms. You will explore the processes governing the production and consumption of goods and services within a global economy, delving into both Microeconomics and Macroeconomics.
Key principles such as price elasticity and the law of supply and demand will be covered in depth. The course also examines different economic systems worldwide, the key phases of the business cycle, and tools for country analysis and international business strategies.
Additionally, the course features a concise case study detailing the U.S. Government’s actions in response to the financial, housing, and economic crisis, providing you with practical insights and a deeper understanding of the material.
Curriculum
- 13 Sections
- 39 Lessons
- 10 Weeks
- Kickoff: Introduction to EconomicsDive into the essentials that set the stage for your economic journey.1
- The Ten Commandments of EconomicsMaster the foundational principles that drive economic thought.4
- Macro vs. Micro: The Big and Small PicturesExplore the dynamic world of both macroeconomics and microeconomics.3
- Economic Theories UnveiledDiscover the key theories that shape economic policies and decisions.3
- The Dance of Supply and DemandUnderstand the core mechanisms that balance our economy.4
- Navigating Economic SystemsLearn about the different economic systems that power nations around the world.4
- Reading Economic IndicatorsGain skills to interpret vital signs of economic health.5
- Riding the Business CycleUnderstand the phases that economies go through, from boom to bust.5
- Fiscal and Monetary Policy in ActionLearn how governments and central banks influence the economy.4
- Crafting International StrategiesEquip yourself with strategies for thriving in the global marketplace.4
- Case Study Spotlight: The 2008 U.S. Economic CrisisAnalyze a pivotal moment in recent economic history and its lasting impacts.1
- Case Study Analysis: The Eurozone Debt CrisisExamine the causes, effects, and lessons learned from the Eurozone debt crisis and its implications for international business strategies.1
- Economics and International Business – Exam1
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