Understanding Economics
Students will explore both microeconomic and macroeconomic perspectives—from the behavior of individuals and firms in various market structures to the broader economic policies that influence national and global performance.
Course Outline
Chapter 1: The Economic Problem
Chapter 2: Demand and Supply
Chapter 3: Elasticity
Chapter 4: Costs of Production
Chapter 5: Perfect Competition
Chapter 6: Monopoly and Imperfect Competition
Chapter 7: Economic Welfare, the Environment and Income Distribution
Module 1 Review Quiz Completion Submission
Chapter 8: Measures of Economic Activity
Chapter 9: Inflation and Unemployment
Chapter 10: Economic Fluctuations
Chapter 11: Fiscal Policy
Chapter 12: Money
Chapter 13: Monetary Policy
Chapter 14: The Foreign Sector
Chapter 15: Foreign Trade
Module 2 Review Quiz Completion Submission
Completion