
Unlock the secrets of global economies and financial systems with our Applied Economics course. Dive deep into the fascinating world of economics, starting with the fundamental concepts of microeconomics and macroeconomics. Explore how economic policies shape nations, tackle natural market failures, and navigate the complexities of exchange rates and trade barriers. Discover the various sub-branches of economics and develop a comprehensive understanding of the forces that drive our world. Whether you’re a student eager to grasp economic principles or a professional looking to expand your knowledge, this course offers valuable insights into the economic forces that shape our lives.
Learning Outcomes
This Applied Economics does not require you to have any prior qualifications or experience. You can just enrol and start learning.This Applied Economics was made by professionals and it is compatible with all PC’s, Mac’s, tablets and smartphones. You will be able to access the course from anywhere at any time as long as you have a good enough internet connection.
After studying the course materials, there will be a written assignment test which you can take at the end of the course. After successfully passing the test you will be able to claim the pdf certificate for £4.99 Original Hard Copy certificates need to be ordered at an additional cost of £8.
Module 01: General Concepts and Microeconomics | |||
Definition of ‘Economy’ and ‘Economics’ | 00:04:00 | ||
Economics – Theoretical Foundations | 00:01:00 | ||
Macro and Microeconomics | 00:01:00 | ||
Microeconomics / Demand and Supply Analysis | 00:03:00 | ||
The Law and Time of Supply | 00:01:00 | ||
Equilibrium | 00:01:00 | ||
Disequilibrium | 00:02:00 | ||
Elasticity and Market Efficiency | 00:02:00 | ||
Elasticity | 00:03:00 | ||
Factors Affecting Demand Elasticity | 00:02:00 | ||
Total and Marginal Revenue | 00:03:00 | ||
Market Structure / Competitive Market | 00:03:00 | ||
Monopoly | 00:05:00 | ||
Monopoly and Efficient and Monopolistic Competition | 00:03:00 | ||
Oligopoly and Monopoly | 00:05:00 | ||
Monopsony in the Real World | 00:01:00 | ||
Module 02: Macroeconomics | |||
Macroeconomics vs Microeconomics | 00:03:00 | ||
Aggregated Demand and Supply, and GDP | 00:03:00 | ||
Gross Domestic Product (GDP) | 00:03:00 | ||
Economic Growth | 00:02:00 | ||
Employment and Inflation | 00:03:00 | ||
Full Employment and Underemployment | 00:03:00 | ||
Natural Rate of Unemployment | 00:03:00 | ||
Inflation | 00:03:00 | ||
Deflation | 00:03:00 | ||
Module 03: Economic Policies and Natural Market Failure | |||
Economic Policies | 00:03:00 | ||
The Transition of Monetary Policy to the Economy | 00:03:00 | ||
The Relationship between the Bank and the Government | 00:02:00 | ||
Fiscal Policy | 00:01:00 | ||
The Basics of Fiscal Policy | 00:05:00 | ||
What does Fiscal Policy Affect? | 00:01:00 | ||
Source of Market Failure | 00:03:00 | ||
Externalities | 00:02:00 | ||
Structural Market Failure | 00:02:00 | ||
Information Asymmetry | 00:03:00 | ||
Module 04: Exchange Rates and Trade Barriers | |||
Exchange Rate and Trade Barriers | 00:03:00 | ||
Interest Rates | 00:02:00 | ||
Components of Interest Rates | 00:03:00 | ||
Trade Barriers | 00:02:00 | ||
Tariffs | 00:02:00 | ||
Taxation | 00:03:00 | ||
Deadweight Loss | 00:01:00 | ||
Module 05: Sub-Branches of Economics | |||
Financial Economics | 00:02:00 | ||
International Economics | 00:02:00 | ||
Transaction Cost | 00:03:00 | ||
Labour Economics | 00:02:00 | ||
Environmental Economics | 00:02:00 | ||
Energy Economics | 00:01:00 | ||
Assignment | |||
Assignment – Applied Economics | 00:00:00 |
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