• LOGIN
  • No products in the cart.

This is a crash course which helps you to understand Economics not to just be ready for a specific job but rather to get the bigger picture. This course can help entrepreneurs to take smarter decisions in business.

This course teaches you how to factor the implicit benefits and costs when you are making decisions. In a business you have to calculate both potential costs of production and implicit costs to make better decisions.  

Assessment

This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer need to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.

Certification

Edukite courses are free to study. To successfully complete a course you must submit all the assignment of the course as part of assessment. Upon successful completion of a course, you can choose to make your achievement formal by obtaining your Certificate at a cost of £49.

Having an Official Edukite Certification is a great way to celebrate and share your success. You can:

  • Add the certificate to your CV or resume and brighten up your career
  • Show it to prove your success

 

Course Curriculum

Introduction to Part 1: Twelve Key Elements of Economics 00:08:00
Part 1 Element 1: Incentives Matter 00:10:00
Part I Element 2: There is no such thing as a Free Lunch 00:08:00
Part I Element 3: Decisions are Made at the Margin 00:12:00
Part I Element 4: Trade Promotes Economic Progress (1) 00:04:00
Part I Element 4: Trade Promotes Economic Progress (2) 00:02:00
Part I Element 5: Transaction Costs are an Obstacle to Trade 00:07:00
Part I Element 6: Prices Bring the Choices of Buyers and Sellers into Balance 00:11:00
Part I Element 6 Supplemental 1 00:12:00
Part I Element 6 Supplemental 2 00:10:00
Part I Element 6 Supplemental 3 00:09:00
Part I Element 6 Supplemental 4 00:07:00
Part I Element 6 Supplemental 5 00:07:00
Part I Element 6 Supplemental 6 00:09:00
Part I Element 6 Supplemental 7 00:02:00
Part I Element 6 Supplemental 8 00:11:00
Part I Element 6 Supplemental 9 00:10:00
Part I Element 7: Profits Direct Businesses Toward Activities That Increase Wealth 00:08:00
Part I Element 8: People Earn Income by Helping Others 00:05:00
Part I Element 9: Production of Goods and Services People Value 1 00:07:00
Part I Element 9: Production of Goods and Services People Value 2 00:06:00
Part I Element 9: Production of Goods and Services People Value 3 00:04:00
Part I Element 10: Providing for Economic Progress 00:08:00
Part I Element 11: The Invisible Hand and Self-Interest 00:09:00
Part I Element 12: Too Often the Secondary Effects of an Action are Ignored 00:12:00
Source 1: The Legal System Part I 00:03:00
Source 1: The Legal System Part II 00:02:00
Source 1: The Legal System Part III 00:03:00
Source 1: The Legal System Part IV 00:02:00
Source 1: The Legal System Part V 00:10:00
Source 2: Competitive Markets 00:13:00
Source 3: Limits on Government Regulation Part I 00:03:00
Source 3: Limits on Government Regulation Part II 00:04:00
Source 3: Limits on Government Regulation Part III 00:02:00
Source 4: An Efficient Capital Market Part I 00:10:00
Source 4: An Efficient Capital Market Part II 00:08:00
Source 4: An Efficient Capital Market Part III 00:02:00
Source 5: Monetary Stability Part I 00:11:00
Source 5: Monetary Stability Part II 00:11:00
Source 6: Low Tax Rates Part I 00:05:00
Source 6: Low Tax Rates Part II 00:01:00
Source 6: Low Tax Rates Part III 00:03:00
Source 6: Low Tax Rates Part IV 00:03:00
Source 7: Free Trade Part I 00:06:00
Source 7: Free Trade Part II 00:12:00
Source 7: Free Trade Part III 00:03:00
Monetary and fiscal policy | Aggregate demand and aggregate supply | Macroeconomics | Khan Academy 00:09:00
What is inflation? | Inflation | Finance & Capital Markets | Khan Academy 00:03:00
Introduction to inflation | Inflation – measuring the cost of living | Macroeconomics | Khan Academy 00:07:00
Money supply and demand impacting interest rates | Macroeconomics | Khan Academy 00:07:00
Real GDP and nominal GDP | GDP: Measuring national income | Macroeconomics | Khan Academy 00:08:00
Monopolistic competition and economic profit | Microeconomics | Khan Academy 00:09:00
Negative externalities | Consumer and producer surplus | Microeconomics | Khan Academy 00:06:00
Adam Smith’s* Invisible Hand Explained in One Minute: Definition, Theory & Controversies 00:01:00
Price Controls, Subsidies, and the Risks of Good Intentions: Crash Course Economics #20 00:10:00
What’s all the Yellen About? Monetary Policy and the Federal Reserve: Crash Course Economics #10 00:09:00
Local Governance and Decentralisation 00:02:00
Income and Wealth Inequality: Crash Course Economics #17 00:10:00
Labor Markets and Minimum Wage: Crash Course Economics #28 00:10:00
Market Failures, Taxes, and Subsidies: Crash Course Economics #21 00:12:00
Revenue, Profits, and Price: Crash Course Economics #24 00:11:00
Deficits & Debts: Crash Course Economics #9 00:07:00
Inflation and Bubbles and Tulips: Crash Course Economics #7 00:10:00
Recession, Hyperinflation, and Stagflation: Crash Course Econ #13 00:10:00
Assessment
Submit Your Assignment 00:00:00
Certification 00:00:00

Course Reviews

4.7

4.7
6 ratings
  • 5 stars0
  • 4 stars0
  • 3 stars0
  • 2 stars0
  • 1 stars0

No Reviews found for this course.

439 STUDENTS ENROLLED

Best Recommend Courses

Subscribe to our newsletter

  • Get top tips & guidance from our in-house study abroad experts

Inquiry

info@edukite.org

top
©2021 Edukite. All Rights Resereved
EduKite is a part of Ebrahim College, Charity commission reg no. 1108141