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Course: Economics 101 - Learn Basic Economics With Ease

Economics 101 - Learn Basic Economics With Ease

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  • Certificate on Completion
  • Access on Android and iOS App
About this Course

 Enroll today and join the 40,000+ students I have taught Online!

Three reasons to TAKE THIS COURSE right now:

  • You get lifetime access to lectures, including all new lectures, assignments, quizzes and downloads
  • You can ask me questions and see me respond to every single one of them thoroughly! 
  • You will are being taught by a professional with a proven track record of success! 

Have you ever wanted to fully grasp the world of Economics, but didn't know where to start? Have you wanted to develop a better understanding of what makes the financial world go around, and why people, businesses and countries make decisions? Most likely there's an economic reason, and you have come to the right place to learn everything you will need to know. By the end of this course you will be an economics pro!

What We Do In The Course: 

  • Learn the basic fundamentals of economics, why people make certain choices
  • Learn about production levels and optimization
  • Learn about supply and demand
  • Learn about capitalism and the free market model
  • Learn about monopolies and how the dynamics change
  • Apply these microeconomic theories to real world situations
  • Learn about macroeconomics
  • Learn about interest rates and recessions
  • Apply macroeconomic theories to real world situations
  • And Much More!!! 

At any point if you have a question, please feel free to ask through the course forum, I'd be happy to answer any and all questions. 

About The Instructor

Chris Benjamin, MBA & CFO is a seasoned professional with over 20 years experience in accounting, finance, financial reporting, small business and CRM systems. Having spent the first 10 years of my career in corporate settings with both large and small companies, I learned a lot about the accounting process, managing accounting departments, financial reporting, external reporting to board of directors and the Securities and Exchange Commission, and working with external auditors. 

The following 10+ years I decided to go into CFO Consulting, working with growing companies and bringing CFO level experience to companies. I help implement proper best business practices in accounting and finance, consult on implementation of accounting systems, implementing accounting procedures, while also still fulfilling the CFO roll for many of my clients which includes financial reporting, auditing, working with investors, financial analysis and much more.  

Thank you for signing up for this course. I look forward to being your instructor for this course and many more!

Chris Benjamin, Instructor, CFO & MBA

Basic knowledge
  • None! Beginners and Novices welcome, you will learn everything you need in this course
  • Commitment to learning
What you will learn
  • Discuss economics intelligently with others
  • Understand how resources and scarcity really drive most economic decisions
  • Be able to apply economic theory to real world situations
  • Make better business decisions knowing how economics is driving potential outcomes
  • Discuss behavior and how its influenced by economics
  • Understand the big picture (macro economics) down to the detailed picture (micro economics)
Curriculum
Lectures quantity: 61
Common duration: 03:32:22
Introduction to the Course
  • Course Introduction  

    Course Introduction

  • Instructor Introduction  

    Instructor Introduction

Discovering Economics
  • Economic History  

    Economic History

  • The Science of Scarcity  

    The Science of Scarcity

  • Micro vs Macro Economics  

    Micro vs Macro Economics

  • Economic Models and Graphs  

    Economic Models and Graphs

Exploring Consumer Choices
  • Human Behavior Using a Choice Model  

    Human Behavior Using a Choice Model

  • Pursuing Personal Happiness  

    Pursuing Personal Happiness

  • Examining Limitations  

    Examining Limitations

  • Marginal Utility  

    Marginal Utility

  • Limitations and Violations of Economics  

    Limitations and Violations of Economics

Production - The Right Goods the Right Way
  • What Is Possible To Produce  

    What Is Possible To Produce

  • Deciding What To Produce  

    Deciding What To Produce

Microeconomics - Supply and Demand Made Easy
  • Deconstructing Demand  

    Deconstructing Demand

  • Sorting Out Supply  

    Sorting Out Supply

  • Bringing Supply and Demand Together  

    Bringing Supply and Demand Together

  • Price Controls  

    Price Controls

Utility Maximizing Consumer
  • Getting The Most Happiness For Your Dollar  

    Getting The Most Happiness For Your Dollar

  • Choosing By Ranking  

    Choosing By Ranking

  • Getting Less From More  

    Getting Less From More

  • Choosing Between Options  

    Choosing Between Options

  • Demand Curves and Diminishing Returns  

    Demand Curves and Diminishing Returns

The Profit Maximizing Firm
  • Firm Goals: Maximize Profits  

    Firm Goals: Maximize Profits

  • Facing Competition  

    Facing Competition

  • Analyzing A Firms Cost Structure  

    Analyzing A Firms Cost Structure

  • Comparing Marginal Revenue with Marginal Costs  

    Comparing Marginal Revenue with Marginal Costs

  • When Producing Nothing Is Best  

    When Producing Nothing Is Best

Free Markets and Competition
  • Competitive Free Markets  

    Competitive Free Markets

  • When Free Markets Lose Their Freedom  

    When Free Markets Lose Their Freedom

  • The Perfect Competition  

    The Perfect Competition

Monopolies
  • Examining Profit Maximizing Monopolies  

    Examining Profit Maximizing Monopolies

  • Examining Good Monopolies  

    Examining Good Monopolies

  • Regulating Monopolies  

    Regulating Monopolies

Oligopolies and Monopolistic Competition
  • Oligopolies  

    Oligopolies 

  • Incentives To Cheat  

    Incentives To Cheat

  • Regulating Oligopolies  

    Regulating Oligopolies

  • Monopolistic Competition  

    Monopolistic Competition

Microeconomics: Property Rights and Wrongs
  • Allowing Markets To Reach Socially Optimal Levels  

    Allowing Markets To Reach Socially Optimal Levels

  • Examining Externalities  

    Examining Externalities 

  • Tragedy Of The Commons  

    Tragedy Of The Commons

Market Failure - Asymmetric Information
  • Facing Up To Asymmetric Information  

    Facing Up To Asymmetric Information

  • Providing Public Goods  

    Providing Public Goods

Taking The Pulse of Health Economics
  • Defining Health Economics  

    Defining Health Economics

  • Noting The Limits of Health Insurance  

    Noting The Limits of Health Insurance

  • Comparing Health Care Internationally  

    Comparing Health Care Internationally

  • Inflated Demand  

    Inflated Demand

  • Investigating Singapore's Secrets  

    Investigating Singapore's Secrets

Measuring The Macroeconomy
  • Gross Domestic Product  

    Gross Domestic Product

  • The GDP Equation  

    The GDP Equation

Inflation
  • When Too Much Money Is A Bad Thing  

    When Too Much Money Is A Bad Thing

  • Measuring Inflation  

    Measuring Inflation

Why Recessions Happen
  • The Business Cycle  

    The Business Cycle

  • Striving For Full Employment  

    Striving For Full Employment

  • Price Adjustments  

    Price Adjustments

  • Heading Towards Recession  

    Heading Towards Recession

  • Achieving Equilibrium  

    Achieving Equilibrium

Financial Crisis
  • Understanding Debt Driven Bubbles  

    Understanding Debt Driven Bubbles

  • Seeing The Bubble Burst  

    Seeing The Bubble Burst

  • Looking Towards Recovery  

    Looking Towards Recovery

Course Conclusion
  • Economic Concepts Take Aways  

    Economic Concepts Take Aways

  • Course Conclusion  

    Course Conclusion

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