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Modern Economics


Modern Economics

Modern Economics

Learn about modern economics and how it effects the economies of countries around the world.


Students: 1,762
Course Description

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.
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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.

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Certification

To qualify for your official ALISON Diploma, Certificate or PDF you must study and complete all modules and score 80% or more in each of the course assessments. A link to your Diploma certificate will then appear under the My Certificates heading of your My Account page.

Learning Outcomes

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;


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Module Title
Module 1: Understanding Modern Economics
Module 2: Understanding Modern Economics Assessment

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Background  
Course Rating (By Learners)
Course Title Modern Economics
Course # 426
Course Publisher Khan Academy
Course Category 2
Content Origin
Course Description  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.
License  This course is available from Khan Academy OpenCourseWare through the following Creative Commons licence:
Creative Commons License
Release Date 07 November 2012
   
Content  
Course Duration (Avg Learner) 1-2 Hours
Video/Audio High
Audio Only High
Animation None
Assessments Yes
 
Education Level
Age appropriateness 16+ Years
Minimum Grade/Class Level Higher High Secondary School
 
Validation Level 5
ALISON Testing Yes
Certification Availability
PDF Download Yes
Parchment Yes
Framed Certification Yes
   
Merchandise Availability
Marketing Information
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Course Forum  View

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  • Antonella Erben Argentina I think that is a very interesting course 2014-05-13 18:05:06
  • Sunday Jude Ugonna Nigeria Modern Economic is a tool, which enhancing standard living, boosting financial and promoted life generally. 2014-05-05 21:05:45
  • Augustine Ngidi Nigeria It is educative, 2014-04-30 16:04:18
  • Daniel Tikabo Ethiopia 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. 2013-05-22 07:05:02
  • Daniel Tikabo Ethiopia Course Module: Module 1: Understanding Modern EconomicsCourse Topic: Floating Exchange Effect on ChinaComment: Awesome Lesson in deed. Clear lecture is given. 2013-05-22 07:05:53
  • Daniel Tikabo Ethiopia 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. 2013-05-22 07:05:50
  • Daniel Tikabo Ethiopia 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. 2013-05-22 07:05:33
  • Daniel Tikabo Ethiopia 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 2013-05-22 07:05:57
  • Daniel Tikabo Ethiopia Course Module: Module 1: Understanding Modern EconomicsCourse Topic: Data on Chinese M1 Increase in 2010Comment: The Calculation is vivid. It gives a very dramatic insight on currency exchange of both Yuan and dollar. very great economic flexibility, 2013-05-22 07:05:52
  • Daniel Tikabo Ethiopia Course Module: Module 1: Understanding Modern EconomicsCourse Topic: Review of China US currency situationComment: The lesson is delivered in clear manner. I enjoyed it, and have found it to be very interesting. 2013-05-22 07:05:38
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Free, Online Modern Economics Course.