» »

Fundamentals of Economics

Course

ID: 199 | Video: None | Audio: Low | Animation: Low

Equivalent to FETAC: Level 5 | Equivalent to QCF (UK): Level 3

Start Course

Improve your understanding of the principles involved in economics

By Publisher: XSIQ | Factsheet

This free online course offers a comprehensive, no-nonsense guide to economics. Topics include the production, distribution and consumption of goods and services as well as economic growth and activity, employment, the market economy, inflation, wealth, and income distribution.


This course is suitable for people studying business and economics or anybody with an interest in economics and current affairs.

Modules in Fundamentals of Economics

Introduction to Economics Economic activity Economic growth Economics and employment The competitive market system Types of inflation Wealth and income distribution Assessment
Learning Outcome

On completing this course you will know the principles involved in economics. You will understand the inter-related studies of economics such as microeconomics and macroeconomics. You will be aware of the the characteristics of wants, resources, the scarcity of these resources, our choices, costs and economic systems. You will gain a good knowledge of economic activity through investment, government, exports, income, consumers, budgetery action, exchange rates and many other activities. You will know all about economic growth, employment, competitive markets, inflation, wealth and income distribution.

Start Course

Comments & Reviews

  • Yetunde Hassan - Nigeria

    2013-05-09 14:05:34

    Course Module: Economic activityCourse Topic: Economic ActivityComment: is household activity part of economics?

  • OTI KINGSLEY - Ghana

    2013-05-03 08:05:56

    Course Module: Economic activityCourse Topic: Trade Union ActivityComment: A nice course indeed that every student shd partake

  • Eric Claus - Australia

    2013-05-01 12:05:37

    Course Module: Economic activityCourse Topic: ImmigrationComment: An increase in immigration also adds to the infrastructure costs of the government, which means that taxes go up or services diminish. Average wages don't increase (they decrease slightly) with high immigration but congestion and pollution increase. Housing prices and infrastructure prices also increase like Water and Electricity and Transport costs have increased in the last 10 years in Sydney.

  • George Maliko - Zambia

    2013-04-09 12:04:34

    Good

  • Cheston Ziah - Liberia

    2013-04-09 12:04:02

    Studying Economics makes one a rational thinker.