Modern Economics
ID: 426 | Video: High | Audio: High | Animation: None
Equivalent to FETAC: Level 5 | Equivalent to QCF (UK): Level 3
Learn about modern economics and how it effects the economies of countries around the world.
Following the recent global financial crisis there has been a huge increase in people seeking to learn about how economies and modern economic systems work. People now realise that economic decisions taken in one country can dramatically affect the economies of other countries around the world. This free online course examines in detail economic concepts and principles such as Capacity Utilization Rate, Return on Assets, Gross profits, Cost of Goods Sold, Earnings Before Interest and Taxes, Breakeven point, Aggregate Capacity, Aggregate Demand, and Aggregate Utilization. The course also looks at the rise of the Chinese economy and how it affects the economy of a country like America, for example, in terms of China buying US government bonds and in relation to the Chinese-US balance of payments. The course will be of great interest to finance and business professionals who would like to gain a deeper understanding of modern economic concepts and principles, and to anyone who would like to learn more about how the economies of the world are interrelated.
Modules in Modern Economics
Learning outcomes: - Understand economic concepts and principles such as Capacity Utilization Rate, Return on Assets, Gross profits, and Cost of Goods Sold; - Understand the principles behind Earnings Before Interest and Taxes, Breakeven point, Aggregate Capacity, Aggregate Demand, and Aggregate Utilization; - Examine the rise of the Chinese economy and how it affects the economy of a country like America;
Daniel Tikabo - Ethiopia
2013-05-22 07:05:02
Course Module: Module 1: Understanding Modern EconomicsCourse Topic: Floating Exchange Effect on USComment: US inflation is very talking issue even in Africa. It had and even still has lots of effects on other global economy. It is a really fair economic lesson.
Daniel Tikabo - Ethiopia
2013-05-22 07:05:53
Course Module: Module 1: Understanding Modern EconomicsCourse Topic: Floating Exchange Effect on ChinaComment: Awesome Lesson in deed. Clear lecture is given.
Daniel Tikabo - Ethiopia
2013-05-22 07:05:50
Course Module: Module 1: Understanding Modern EconomicsCourse Topic: Chinese inflationComment: The chinese inflation has come to be new concept for me, The case is like I have never heard of The Asian inflation. But later my expectation went on to how high export rate chines government is holding in global markets.
Daniel Tikabo - Ethiopia
2013-05-22 07:05:33
Course Module: Module 1: Understanding Modern EconomicsCourse Topic: Data on Chinese US Balance of PaymentsComment: The Financial account of both countries is well defined in the lecture. Basically , In global soaring up economy, Exports taking place from China, and High level of currency from the USA looks a bit confusing.
Daniel Tikabo - Ethiopia
2013-05-22 07:05:57
Course Module: Module 1: Understanding Modern EconomicsCourse Topic: Data on Chinese Foreign Assets Increase in 2010Comment: This lecture is very similar to that of the past one. Very enjoyable both of the lectures