Do you know the language of economics? Though economics gives us a clear concept of daily life, it could be confusing sometimes. By taking this course you will get a clear concept of microeconomics as well as macroeconomics. But without knowing the econ vocabulary it would be tough. So here is the opportunity to excel and shine in this course smoothly.
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 needs 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 the 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 Credit: MR University
Course Curriculum
| Module: 01 | |||
| Absolute Advantage | 00:12:00 | ||
| Active and Passive Mutual Funds | 00:06:00 | ||
| Adverse Selection | 00:02:00 | ||
| Aggregate Demand | 00:06:00 | ||
| Aggregate Supply (Long Run) | 00:05:00 | ||
| Arbitrage | 00:10:00 | ||
| At Will Doctrine | 00:09:00 | ||
| Asymmetric Information | 00:07:00 | ||
| Austrian Business Cycle Theory | 00:07:00 | ||
| Module: 02 | |||
| Banks | 00:04:00 | ||
| Bond Market | 00:06:00 | ||
| Budget Constraints | 00:07:00 | ||
| Business Fluctuations | 00:03:00 | ||
| Bundling | 00:15:00 | ||
| Module: 03 | |||
| Capital Goods | 00:04:00 | ||
| Club Goods | 00:05:00 | ||
| Coase Theorem | 00:08:00 | ||
| Comparative Advantage | 00:07:00 | ||
| Compensating Differentials | 00:05:00 | ||
| Conditional Convergence | 00:07:00 | ||
| Consumer Surplus | 00:08:00 | ||
| Crowding Out | 00:06:00 | ||
| Cyclical Unemployment | 00:08:00 | ||
| Module: 04 | |||
| Deadweight Loss | 00:11:00 | ||
| Demand Curve | 00:03:00 | ||
| Discouraged Workers | 00:05:00 | ||
| Division of Labor | 00:04:00 | ||
| Module: 05 | |||
| Economic Growth | 00:06:00 | ||
| Elasticity of Demand | 00:13:00 | ||
| Elasticity of Supply | 00:14:00 | ||
| Equilibrium (Price) | 00:05:00 | ||
| Externalities | 00:12:00 | ||
| Module: 06 | |||
| Factor Income Approach | 00:03:00 | ||
| Financial Intermediaries | 00:08:00 | ||
| Fiscal Multiplier | 00:03:00 | ||
| Fiscal Policy | 00:03:00 | ||
| Fisher Effect | 00:06:00 | ||
| Frictional Unemployment | 00:04:00 | ||
| Module: 07 | |||
| Good Institutions | 00:08:00 | ||
| Great Depression | 00:09:00 | ||
| Great Recession | 00:13:00 | ||
| Gross Domestic Product | 00:04:00 | ||
| Growth Disasters | 00:04:00 | ||
| Growth Miracles | 00:04:00 | ||
| Module: 08 | |||
| Human Capital | 00:07:00 | ||
| Indifference Curves | 00:08:00 | ||
| Inflation | 00:05:00 | ||
| Inferior Goods | 00:14:00 | ||
| Institutions | 00:05:00 | ||
| Just Cause Doctrine | 00:09:00 | ||
| Keynesian Business Cycle Theory | 00:08:00 | ||
| Labor Force Participation | 00:07:00 | ||
| Life Cycle Theory of Savings | 00:03:00 | ||
| Linear Regression | 00:07:00 | ||
| Module: 09 | |||
| Marginal Product of Labor | 00:10:00 | ||
| Marginal Utility | 00:05:00 | ||
| Market for Loanable Funds | 00:08:00 | ||
| Minimum Wage | 00:10:00 | ||
| Monetarist Business Cycle Theory | 00:06:00 | ||
| Monetary Offset | 00:05:00 | ||
| Monetary Policy | 00:03:00 | ||
| Money | 00:05:00 | ||
| Money Multiplier | 00:07:00 | ||
| Monopoly | 00:11:00 | ||
| National Spending Approach | 00:03:00 | ||
| Natural Rate of Unemployment | 00:02:00 | ||
| Nominal GDP | 00:08:00 | ||
| Normal Goods | 00:14:00 | ||
| Nudges | 00:08:00 | ||
| Open Market Operations | 00:06:00 | ||
| Opportunity Cost | 00:07:00 | ||
| Outliers | 00:05:00 | ||
| Module: 10 | |||
| Patents | 00:08:00 | ||
| Physical Capital and Human Capital | 00:08:00 | ||
| Pigouvian Tax | 00:12:00 | ||
| Prediction Markets | 00:09:00 | ||
| Price Ceilings | 00:06:00 | ||
| Price Discrimination | 00:10:00 | ||
| Price Floors | 00:10:00 | ||
| Principal-Agent Problem | 00:02:00 | ||
| Producer Surplus | 00:07:00 | ||
| Profit Maximization | 00:13:00 | ||
| Public Goods | 00:02:00 | ||
| Quantity Theory of Money | 00:03:00 | ||
| Real Business Theory | 00:05:00 | ||
| Real GDP | 00:08:00 | ||
| Real GDP Per Capita | 00:08:00 | ||
| Real Interest Rate | 00:02:00 | ||
| Real Shocks | 00:05:00 | ||
| Rent Control | 00:10:00 | ||
| Ricardian Equivalence | 00:05:00 | ||
| Module: 11 | |||
| The Rule of 70 | 00:03:00 | ||
| Shadow Banks | 00:02:00 | ||
| Signaling | 00:07:00 | ||
| Solow Model | 00:05:00 | ||
| Speculation | 00:11:00 | ||
| Steady State | 00:07:00 | ||
| Sticky Wages | 00:05:00 | ||
| Stock Market | 00:03:00 | ||
| Structural Unemployment | 00:09:00 | ||
| Subsidies | 00:12:00 | ||
| Supply Curve | 00:03:00 | ||
| Module: 12 | |||
| Tariffs | 00:15:00 | ||
| Taxes | 00:12:00 | ||
| Tragedy of the Commons | 00:10:00 | ||
| Transaction Costs | 00:08:00 | ||
| Tying | 00:07:00 | ||
| Unemployment | 00:04:00 | ||
| Velocity of Money | 00:03:00 | ||
| Assessment | |||
| Submit Your Assignment | 00:00:00 | ||
| Certification | 00:00:00 | ||
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