What will i learn?
- Understand decision-making under scarcity.Analyze market dynamics.Inform policy formulation and analysis.Predict and manage economic events.Efficiently allocate resources.Comprehend global interdependence.Manage personal finances effectively.
Curriculum for this course
1 Lessons
00:05:00 Hours
Introduction to economics
1 Lessons
00:05:00 Hours
- Intro to economics 00:05:00
Requirements
- Basic knowledge of managing your limited resources to meet your needs and wants
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Description
Economics is the social science that studies how individuals, businesses, governments, and societies allocate scarce resources to satisfy unlimited wants and needs. It examines production, distribution, and consumption of goods and services, as well as the behavior of markets, prices, employment, inflation, and other economic indicators. Economics seeks to understand how people make choices in various situations to optimize their well-being and achieve their goals.
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