Essentials of economics

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Scarcity, choice, and opportunity costs.
    How a market economy works: the price system.
  In Section 2 of this course you will cover these topics:
    Market demand, supply, and elasticity.
    Information, internet, e-commerce, and financial markets.
  In Section 3 of this exam you will be evaluated on below listed topics:
    Costs and productivity.
    Competitive markets.
  In Section 4 of this course you will cover these topics:
    Monopoly, oligopoly, and strategy.
    The labor market: wages, employment, and unemployment.
  In Section 5 of this course you will cover these topics:
    Saving, investment, and interest rates.
    Government spending, taxation, and deficits.
    Macroeconomic issues: economic growth and the business cycle.
    Aggregate supply and aggregate demand.
    Money and banking.
    Inflation.
    Macro stabilization policy.
    International trade and globalization.
    The international monetary system.
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