Introduction To Economics

A common sense course to make sense of personal and societal finances!

What you'll learn
Learners will be introduced to Economic concepts in current American society.
Learners will get a brief history of banking in America as well as overview of how scarcity, unemployment, poverty, and other factors effect our economy
Learners will understand how supply and demand function in a market economy
Learners will be introduced to personal economic tools such as credit, loans, credit scores
Requirements
None
Description
This introduction to Economics course will help you understand how your personal finances work in the greater overview of the nation. By understanding the way the United States banking has developed and changed we can understand individual banking and finance. Understanding the way businesses work and the forces of supply and demand help us as consumers and members of a mixed economy.The benefits of a foundational study of Economics go beyond our wallets and spending, we can understand how time is our most valuable resource and we choose how to allocate it based on our needs and wants as well as the needs and wants of others. To truly understand Economics we have to consider that every decision we make is an economic decision.This course includes the following topics:DefinitionTypes of EconomiesFactors of ProductionScarcityTypes of BusinessesPros/Cons of Different BusinessesLaw of Supply and how it effects marketsLaw of Demand and how it effects consumersHistory of BankingEconomic CyclesPersonal FinanceLoans and CreditThis course will help you not just think economically but help you apply economic principles to your everyday life so that you can allocate your personal resources with the most care. So let’s go, economists, we’ve got some work to do!

Overview

Section 1: Introduction

Lecture 1 Introduction

Section 2: Business Organizations

Lecture 2 Business Organizations

Lecture 3 Questions for Review (Optional)

Section 3: Supply and Demand

Lecture 4 Supply and Demand

Section 4: Poverty

Lecture 5 Poverty, Unemployment and GDP

Section 5: Money

Lecture 6 Money

Anyone looking to gain base knowledge of American Economocs